广誉远(600771) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥219,382,848.90, a decrease of 13.76% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥62,647,756.74, a decrease of 392.72% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥71,194,108.59, a decrease of 469.57% year-on-year[5]. - Total operating revenue for the first three quarters of 2021 was CNY 594,762,242.67, a decrease of 13.4% compared to CNY 686,946,143.57 in the same period of 2020[39]. - Net profit for the first three quarters of 2021 was a loss of CNY 118,103,911.30, compared to a profit of CNY 63,337,632.06 in 2020[42]. - The total net profit for the year-to-date was -¥110,731,695.88, a decrease of 270.77% year-on-year[5]. - Basic earnings per share for the first three quarters of 2021 was -0.23 CNY, compared to 0.13 CNY in the same period of 2020[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,327,543,841.80, down 12.39% from the end of the previous year[8]. - The company's total assets as of September 30, 2021, amounted to 3,327,543,841.80 RMB, a decrease from 3,797,965,909.49 RMB at the end of 2020[28]. - The total current assets decreased from 2,811,384,950.20 RMB at the end of 2020 to 2,366,481,945.62 RMB as of September 30, 2021[26]. - The company's total liabilities decreased to CNY 975,327,157.01 as of September 30, 2021, down from CNY 1,328,313,314.14 at the end of 2020[35]. - The company's total liabilities as of September 30, 2021, were not specified but included short-term borrowings of 301,860,000.00 RMB[29]. - Total liabilities amounted to 1,328,313,314.14, with current liabilities at 1,272,065,524.09[62]. Cash Flow - Cash flow from operating activities increased by ¥31,478,620.00, representing a growth of 61.14% compared to the same period last year[16]. - In the first three quarters of 2021, the cash inflow from operating activities was approximately ¥893.76 million, compared to ¥597.86 million in the same period of 2020, representing an increase of 49.5%[47]. - The net cash flow from operating activities for the first three quarters of 2021 was approximately ¥43.57 million, a significant improvement from a net outflow of ¥163.45 million in the same period of 2020[47]. - The total cash outflow from investing activities in the first three quarters of 2021 was approximately ¥12.31 million, compared to ¥44.68 million in the same period of 2020, indicating a decrease of 72.4%[50]. - The net cash flow from financing activities for the first three quarters of 2021 was approximately -¥83.26 million, a decline from a positive cash flow of ¥123.14 million in the same period of 2020[50]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 108,295[18]. - The largest shareholder, Jinchang Investment Co., Ltd., holds 71,508,968 shares, accounting for 14.53% of the total shares[18]. - The company underwent a change in control, with Jinchang Investment becoming the controlling shareholder after transferring 31,508,968 shares, representing 6.40% of the total share capital[22]. Expenses - The comprehensive gross profit margin decreased by 9.74 percentage points due to changes in the sales proportion of different gross profit products and rising raw material prices[9]. - The sales expense ratio increased by 20.25 percentage points as the company invested more in various marketing activities to boost sales[9]. - Total operating costs increased to CNY 734,691,885.83 in 2021 from CNY 625,196,678.83 in 2020, representing a rise of 17.5%[39]. - Research and development expenses for the first three quarters of 2021 were CNY 18,528,172.09, a decrease from CNY 24,055,911.69 in 2020[39]. - Sales expenses increased significantly to CNY 405,595,640.12 in 2021 from CNY 329,293,923.68 in 2020, marking a rise of 23.1%[39]. Other Financial Metrics - The weighted average return on net assets was -2.69%, a decrease of 3.57 percentage points compared to the same period last year[5]. - Other comprehensive income after tax for the first three quarters of 2021 was CNY 668,000.74, with no comparable figure for 2020[42]. - The total equity attributable to shareholders of the parent company was CNY 2,302,067,240.28, down from CNY 2,412,130,935.42 in the previous year[35]. - The company reported a significant reduction in cash outflows related to investment activities, which decreased by approximately 72.4% year-over-year[50].