J-Yuan Trust (SH:600816)2021-10-29 16:00Financial Performance - Total operating revenue for Q3 2021 was CNY 58,123,315.86, an increase of 29.17% year-on-year[4] - Net profit attributable to shareholders for Q3 2021 was a loss of CNY 671,396,168.09, a decrease of 29.96% compared to the same period last year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was a loss of CNY 487,062,014.15, a decrease of 34.30% year-on-year[4] - Basic earnings per share for Q3 2021 was -0.1228, a decrease of 29.95% year-on-year[4] - Diluted earnings per share for Q3 2021 was also -0.1228, reflecting the same decrease of 29.95% year-on-year[4] - The net loss attributable to shareholders for Q3 2021 was ¥1,818,908,754.20, compared to a net loss of ¥3,815,048,155.14 in Q3 2020, showing an improvement of approximately 52.3%[19] - The total comprehensive loss for Q3 2021 was -¥1,819,382,853.27, compared to -¥3,815,536,738.33 in Q3 2020, marking a reduction of approximately 52.3%[20] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was CNY 119,017,782.19, a decrease of 95.20% compared to the same period last year[4] - The net cash flow from operating activities for the first three quarters of 2021 was ¥119,017,782.19, a significant decrease from ¥2,481,996,629.76 in the same period of 2020[21] - Cash inflow from investment activities totaled ¥188,443,510.21, compared to ¥44,162,562.90 in the previous year, indicating a substantial increase[22] - The net cash flow from financing activities was negative at -¥1,883,834.60, reflecting a decrease from -¥258,723,483.82 in the same period of 2020[22] - The total cash and cash equivalents at the end of the period reached ¥905,588,723.58, up from ¥180,271,070.15 in the previous year[22] Assets and Liabilities - Total assets as of the end of Q3 2021 were CNY 20,000,346,013.09, a slight increase of 0.34% from the end of the previous year[4] - The total liabilities as of Q3 2021 were ¥20,219,142,414.40, up from ¥18,331,531,691.34 in the previous year, reflecting an increase of about 10.3%[17] - The company's total equity as of Q3 2021 was reported at -¥218,796,401.31, a decline from ¥1,600,586,451.96 in the same period last year[17] - The total current liabilities increased to ¥18,113,414,558.94 in Q3 2021 from ¥16,020,046,650.10 in Q3 2020, representing a growth of about 13.1%[16] - The total liabilities were reported at ¥18,331,531,691.34, a minor decrease from ¥18,351,930,613.47 in the previous year[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 80,021[10] - The largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., holds 2,867,929,342 shares, representing 52.44% of total shares[10] - The company has a diverse shareholder base, with the top ten shareholders holding a combined significant percentage of shares[10] - The company reported a total equity attributable to shareholders of approximately $892.91 million, with an accumulated deficit of approximately $9.40 billion in undistributed profits[26] Company Outlook and Risks - The company has incurred losses for three consecutive years, raising significant doubts about its ability to continue as a going concern[3] - The company is currently engaged in risk resolution efforts related to litigation arising from previous business practices involving guaranteed commitments[2] - The company has not disclosed any new product developments or market expansion strategies in the provided documents[10]