TUDI(SH:600773)2021-10-29 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥499,648,779.70, representing a year-on-year increase of 37.77%[7] - Net profit attributable to shareholders was ¥29,991,287.47, reflecting a 49.09% increase compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥32,765,900.18, up 67.41% year-on-year[7] - The company reported a 57.71% increase in operating revenue for the year-to-date, totaling ¥1,541,714,851.14[7] - The net profit for Q3 2021 was CNY 79,800,219.73, an increase from CNY 66,903,234.08 in Q3 2020, representing a growth of approximately 19.5%[33] - The total profit for Q3 2021 reached CNY 153,294,794.59, compared to CNY 124,249,700.38 in the same period last year, indicating a year-over-year increase of about 23.4%[33] - The company's operating income for Q3 2021 was CNY 158,472,201.67, up from CNY 109,154,641.64 in Q3 2020, reflecting a growth of approximately 45%[33] - The basic earnings per share for the third quarter was ¥0.037, up 48.00% compared to the same period last year[10] - The basic earnings per share for Q3 2021 was CNY 0.105, compared to CNY 0.087 in Q3 2020, marking an increase of about 20.7%[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥14,003,161,020.02, a decrease of 3.55% from the end of the previous year[10] - Total assets decreased to RMB 14,003,161,020.02 from RMB 14,518,379,179.32, a decline of about 3.5%[30] - Total liabilities decreased to RMB 10,360,233,213.78 from RMB 10,936,694,985.40, indicating a reduction of approximately 5.3%[30] - The company's cash and cash equivalents decreased to RMB 597,588,199.05 from RMB 1,290,846,507.35 year-over-year, a decline of approximately 53.7%[21] - Accounts receivable decreased to RMB 52,871,272.92 from RMB 60,403,802.00, reflecting a reduction of about 12.6%[21] - Inventory increased to RMB 10,428,492,236.01 from RMB 10,279,306,001.50, showing a growth of approximately 1.5%[25] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥192,179,204.55, indicating a significant decline of 150.58%[10] - Cash flow from operating activities for the first nine months of 2021 was CNY 1,766,921,721.06, down from CNY 2,332,703,145.18 in the same period of 2020, a decrease of approximately 24.3%[40] - The net cash flow from investing activities in Q3 2021 was CNY 2,399,210.01, a recovery from a negative cash flow of CNY 11,179,162.96 in Q3 2020[41] - The company reported a net cash outflow from financing activities of CNY 507,070,313.76 in Q3 2021, compared to a net outflow of CNY 387,343,630.93 in Q3 2020[41] - The company experienced a decrease in cash received from sales of goods and services, totaling CNY 1,675,339,525.66 in the first nine months of 2021, down from CNY 2,169,527,842.27 in the same period of 2020, a decline of about 22.8%[39] Government Subsidies and Financial Expenses - The company received government subsidies amounting to ¥16,659.70 during the reporting period, contributing to its financial performance[11] - The company reported a financial expense of RMB 66,895,701.49, which increased significantly from RMB 5,007,271.99 in the previous year[30] Borrowings - The company experienced a 66.67% decrease in short-term loans at the end of the reporting period, primarily due to repayment of due loans[14] - The company’s long-term borrowings rose to RMB 4,512,441,310.39 from RMB 4,306,082,406.23, an increase of approximately 4.8%[28] Return on Equity - The weighted average return on equity for the reporting period was 0.82%, an increase of 0.25 percentage points year-on-year[10]