Yueda Inv.(SH:600805)2021-10-22 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥972,983,793.15, representing a year-on-year increase of 4.81%[5] - The net profit attributable to shareholders was -¥164,114,030.97, with a year-to-date net profit of -¥516,809,098.44, indicating significant losses[5] - The basic and diluted earnings per share for the current period were both -¥0.19, reflecting ongoing financial challenges[6] - The weighted average return on equity decreased to -3.65%, down 3.01 percentage points from the previous year[6] - The company reported a year-to-date increase in operating revenue of 45.32%, primarily due to increased business volume across various subsidiaries[9] - The company reported a net loss of ¥527,214,100.98 for the first three quarters of 2021, compared to a net loss of ¥443,289,300.41 in the same period of 2020, reflecting a deterioration in financial performance[22] - The total comprehensive income for the third quarter of 2021 was -527,214,100.98 CNY, compared to -443,289,300.41 CNY in the same period of 2020, reflecting a decline of approximately 19%[23] - The basic and diluted earnings per share for the third quarter of 2021 were both -0.61 CNY, compared to -0.45 CNY in the same period of 2020, indicating a decrease of about 35.6%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,535,861,693.65, a decrease of 8.91% compared to the end of the previous year[6] - The total assets decreased from ¥10,469,016,022.06 in the previous year to ¥9,535,861,693.65 in the current year, a decline of approximately 9%[21] - Current liabilities totaled ¥3,716,392,209.88, down from ¥4,288,771,214.20 in the previous year, showing a reduction of about 13%[20] - Long-term borrowings increased to ¥669,000,000.00 from ¥569,000,000.00, marking a rise of approximately 18%[20] - The company’s total liabilities decreased from ¥5,000,083,335.87 to ¥4,570,145,030.35, a reduction of about 9%[20] - The equity attributable to shareholders decreased from ¥4,934,351,742.43 to ¥4,417,247,522.08, reflecting a decline of approximately 10%[20] Cash Flow - The company experienced a net cash flow from operating activities of -¥88,808,026.26 for the year-to-date period[6] - Cash inflows from operating activities for the first three quarters of 2021 amounted to 3,604,706,948.99 CNY, up from 2,273,749,250.57 CNY in the same period of 2020, representing an increase of approximately 58.3%[27] - The net cash flow from operating activities for the third quarter of 2021 was -88,808,026.26 CNY, an improvement compared to -104,156,211.74 CNY in the same period of 2020[27] - Cash inflows from investment activities for the first three quarters of 2021 totaled 360,835,872.21 CNY, compared to 313,443,528.62 CNY in the same period of 2020, marking an increase of about 15.1%[27] - The net cash flow from investment activities for the first three quarters of 2021 was 228,562,421.79 CNY, a significant recovery from -24,763,790.64 CNY in the same period of 2020[27] - Cash inflows from financing activities for the first three quarters of 2021 were 2,348,290,997.52 CNY, slightly down from 2,555,750,000.00 CNY in the same period of 2020[28] - The net cash flow from financing activities for the first three quarters of 2021 was 124,492,877.13 CNY, a decrease from 509,875,787.79 CNY in the same period of 2020[28] - The ending cash and cash equivalents balance as of the end of the third quarter of 2021 was 1,292,953,006.22 CNY, compared to 1,176,431,134.48 CNY at the end of the same period in 2020, reflecting an increase of approximately 9.9%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,894[11] - Jiangsu Yueda Group Co., Ltd. holds 272,246,562 shares, accounting for 32.0% of total shares[13] - The total number of shares held by the top 10 unrestricted shareholders is 25,830,113 shares[15] - The company has no pledged, marked, or frozen shares reported for major shareholders[13] Other Information - Non-recurring gains and losses for the current period included ¥17,445,620.17 from the disposal of non-current assets[8] - The company noted that losses from DYK significantly impacted investment income, contributing to the overall financial downturn[9] - The company is currently undergoing settlement for its 70% owned Shaanxi Xitong Expressway Co., Ltd., which reached its toll collection deadline on September 14, 2021[16] - The company has not reported any audit opinion type applicable for the quarter[17] - The company has not disclosed any new product or technology developments in this quarter[16] - Research and development expenses for the first three quarters of 2021 were ¥19,774,076.58, down from ¥29,129,189.51 in 2020, indicating a reduction of approximately 32%[21] - Trading financial assets increased to RMB 405,061,727.99 from RMB 342,378,740.40 year-over-year[17] - Accounts receivable decreased to RMB 462,631,380.09 from RMB 502,708,543.05 year-over-year[17] - Other receivables amounted to RMB 718,567,242.40, down from RMB 766,094,277.87 year-over-year[17] - Total revenue for the first three quarters of 2021 reached ¥2,838,884,014.78, a significant increase from ¥1,953,531,162.61 in the same period of 2020, representing a growth of approximately 45%[21] - Total operating costs for the first three quarters of 2021 were ¥3,042,678,222.01, up from ¥2,236,637,568.93 in 2020, indicating an increase of about 36%[21]