FACS(SH:600651)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,113,582,467.37, a decrease of 3.15% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was -¥78,311,206.68, with a year-to-date net profit of -¥157,477,742.68, reflecting a decline of 122.91% year-on-year[6]. - The basic earnings per share for the year-to-date period was -¥0.063, a decrease of 120.72% compared to the previous year[10]. - The net profit for the third quarter of 2021 was a loss of ¥157,086,347.37, compared to a profit of ¥666,413,253.55 in the same quarter of 2020, reflecting a significant decline[35]. - The total comprehensive income for the third quarter of 2021 was a loss of ¥432,026,471.31, contrasting with a gain of ¥803,942,508.49 in the same quarter of 2020[35]. - The total comprehensive income attributable to the parent company was -432,248,617.50 CNY, compared to 828,942,081.63 CNY in the same period last year[38]. - Basic and diluted earnings per share were both -0.063 CNY, down from 0.304 CNY in the previous year[38]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,444,250,241.27, down 7.29% from the end of the previous year[10]. - The company's current assets totaled ¥4,411,514,163.56, down from ¥4,509,405,204.00 at the end of 2020, indicating a decrease of about 2.2%[23]. - Cash and cash equivalents were reported at ¥1,420,607,194.19, a decline of 19.0% compared to ¥1,752,409,805.33 at the end of 2020[23]. - The total liabilities amounted to ¥6,033,331,757.65 as of the reporting date, down from ¥6,264,805,786.12 in the previous year, showing a decrease of approximately 3.68%[29]. - The total non-current liabilities were reported at ¥989,130,731.67, down from ¥3,630,197,455.09, indicating a significant reduction[29]. - The company's long-term borrowings decreased to ¥221,543,842.05 from ¥2,550,700,672.00, indicating a significant reduction of about 91.3%[27]. - Current liabilities reached approximately $2.63 billion, down by $36.26 million from the previous period[49]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥19,898,388.23, indicating a significant cash outflow[10]. - Cash inflow from operating activities totaled 3,561,183,557.74 CNY, a slight decrease from 3,603,024,306.49 CNY year-over-year[38]. - Cash outflow from operating activities was 3,581,081,945.97 CNY, compared to 3,753,623,508.96 CNY in the same period last year[38]. - Cash inflow from investing activities was 41,809,085.96 CNY, significantly lower than 1,615,999,709.71 CNY in the previous year[42]. - Net cash flow from investing activities was -61,939,182.22 CNY, compared to 1,208,449,679.56 CNY in the same period last year[42]. - Cash inflow from financing activities was 885,698,788.96 CNY, down from 1,343,254,662.44 CNY year-over-year[42]. - Net cash flow from financing activities was -256,919,805.28 CNY, an improvement from -386,800,712.85 CNY in the previous year[42]. Shareholder Equity - The equity attributable to shareholders decreased by 16.06% year-on-year, amounting to ¥2,263,313,249.60[10]. - The total equity attributable to shareholders decreased to ¥2,263,313,249.60 from ¥2,696,266,355.52, a decline of about 16.06%[29]. - The company's total equity attributable to shareholders was approximately $2.70 billion, remaining unchanged[49]. Operational Insights - The company reported a decrease in cash flow due to reduced procurement payments and cost-cutting measures[16]. - The total number of ordinary shareholders at the end of the reporting period was 51,642[17]. - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[20]. - Research and development expenses for the third quarter of 2021 were ¥157,349,020.01, slightly up from ¥155,649,247.93 in the same quarter of 2020, indicating a growth of about 1.03%[32]. - The company reported a significant investment loss of ¥33,806,202.68 in the third quarter of 2021, compared to a gain of ¥910,537,067.54 in the same period of 2020[32].