JONJEE(SH:600872)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,095,738,159.42, a decrease of 12.70% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was ¥86,907,608.17, down 59.15% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥85,004,918.19, a decline of 59.64% compared to the previous year[4]. - The basic earnings per share for Q3 2021 was ¥0.1099, representing a decrease of 58.85% year-on-year[5]. - The total revenue for the first three quarters of 2021 was RMB 3.412 billion, a decrease of RMB 398 million, representing a decline of 10.45% year-on-year[16]. - The consolidated net profit for the first three quarters of 2021 was RMB 396 million, a decrease of RMB 332 million, reflecting a year-on-year decline of 45.59%[17]. - Total operating revenue for Q3 2021 was approximately ¥3.41 billion, a decrease of 10.4% compared to ¥3.81 billion in Q3 2020[23]. - Net profit for Q3 2021 was approximately ¥396.20 million, a decrease of 45.6% from ¥728.16 million in Q3 2020[24]. - The total comprehensive income for Q3 2021 was CNY 396,185,587.33, a decrease from CNY 728,164,540.75 in Q3 2020[25]. - Basic and diluted earnings per share for Q3 2021 were CNY 0.4630, down from CNY 0.8383 in Q3 2020[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,988,742,943.78, a decrease of 10.06% from the end of the previous year[5]. - The company's total assets decreased to approximately ¥5.99 billion in Q3 2021 from ¥6.66 billion in Q3 2020[22]. - Total liabilities increased to approximately ¥2.13 billion in Q3 2021 from ¥1.67 billion in Q3 2020[22]. - Current liabilities totaled approximately ¥2.00 billion in Q3 2021, up from ¥1.56 billion in Q3 2020[22]. - The company’s total liabilities increased, impacting the overall financial leverage and risk profile[29]. - Total assets amounted to approximately $6.66 billion, with non-current assets totaling about $2.56 billion[30]. - Current liabilities reached approximately $1.56 billion, with short-term borrowings at $360.24 million[30]. - Total liabilities were approximately $1.67 billion, with non-current liabilities accounting for about $109.93 million[31]. - The total current liabilities included accounts payable of approximately $492.66 million and contract liabilities of about $184.79 million[30]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 106,650[9]. - The largest shareholder, Zhongshan Runtian Investment Co., Ltd., held 24.79% of the shares, with 168,121,710 shares pledged[10]. - The equity attributable to shareholders at the end of the reporting period was ¥3,457,177,628.31, down 25.10% year-on-year[5]. - The company’s total equity attributable to shareholders was approximately $4.62 billion, reflecting strong financial health[31]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥561,977,240.64, a decrease of 36.98% compared to the previous year[5]. - Cash flow from operating activities for the first three quarters of 2021 was CNY 4,064,003,460.78, compared to CNY 4,258,375,766.16 in the same period of 2020, reflecting a decrease of approximately 4.56%[26]. - Net cash flow from operating activities in Q3 2021 was CNY 561,977,240.64, down from CNY 891,739,117.69 in Q3 2020[27]. - Cash flow from investing activities generated a net inflow of CNY 997,046,006.78 in the first three quarters of 2021, compared to CNY 415,608,199.48 in the same period of 2020[27]. - The company reported a cash outflow from financing activities of CNY 1,269,712,714.90 in Q3 2021, compared to CNY 683,615,296.45 in Q3 2020[27]. - The cash and cash equivalents at the end of Q3 2021 amounted to CNY 444,685,479.21, down from CNY 1,309,564,933.74 at the end of Q3 2020[28]. - The company reported investment properties valued at approximately $545.11 million and fixed assets at about $1.46 billion[30]. - The company’s investment cash inflow from recovering investments was CNY 7,377,159,533.27 in the first three quarters of 2021, significantly higher than CNY 4,388,064,229.57 in the same period of 2020[27]. Operational Challenges - The company reported a significant impact on profits due to decreased sales and rising raw material prices[8]. - The revenue for the subsidiary Meiwai Xian in the first three quarters was RMB 3.278 billion, a decrease of RMB 443 million, representing a decline of 11.91% year-on-year[16]. - The net profit for Meiwai Xian in the first three quarters was RMB 398 million, a decrease of RMB 273 million, reflecting a decline of 40.70% year-on-year[18]. - Research and development expenses for Q3 2021 were approximately ¥125.37 million, an increase of 12.2% from ¥111.73 million in Q3 2020[23]. - The company reported a decrease in cash and cash equivalents, with current assets totaling approximately ¥3.33 billion in Q3 2021 compared to ¥4.10 billion in Q3 2020[21].