GZCBN(SH:600996)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥498,139,229.69, a decrease of 28.60% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was -¥214,114,748.86 for Q3 2021, with a year-to-date net profit of -¥575,861,546.04[5] - Total operating revenue for the first three quarters of 2021 was CNY 1,649,820,172.65, a decrease of 28.06% compared to CNY 2,292,328,588.62 in the same period of 2020[21] - Net profit for the first three quarters of 2021 was a loss of CNY 577,002,787.53, compared to a loss of CNY 41,793,990.06 in the same period of 2020[25] - The total comprehensive income attributable to the parent company for Q3 2021 was -575,861,546.04 CNY, compared to -42,006,028.24 CNY in Q3 2020, indicating a significant decline[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,247,990,986.22, reflecting a 0.60% increase from the end of the previous year[7] - The total liabilities reached CNY 8,020,268,448.34, compared to CNY 7,210,948,214.72 at the end of the previous year, marking an increase of about 11.2%[18] - The company's total liabilities increased to CNY 12,186,604,851.32 in Q3 2021 from CNY 11,505,139,194.27 in Q3 2020, representing an increase of 5.91%[21] - The total equity attributable to shareholders of the parent company decreased to CNY 3,979,506,621.88 in Q3 2021 from CNY 4,555,842,439.03 in Q3 2020, a decline of 12.65%[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥45,835,794.68, an improvement from -¥121.83 million in the same period last year[5] - The net cash flow from operating activities for the first three quarters of 2021 was -45,835,794.68 CNY, a decrease from 210,012,360.12 CNY in the same period of 2020[30] - The total cash inflow from financing activities in Q3 2021 was 2,810,981,688.42 CNY, compared to 1,715,360,233.00 CNY in Q3 2020, showing an increase of approximately 64%[30] - The total cash outflow from operating activities in Q3 2021 was 1,470,612,372.00 CNY, an increase from 1,367,672,615.07 CNY in Q3 2020[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,484[10] - The basic earnings per share for Q3 2021 was -¥0.21, and the diluted earnings per share was -¥0.17[5] - The company reported a basic earnings per share of -0.55 CNY for Q3 2021, compared to -0.04 CNY in Q3 2020[26] Operational Metrics - The company's current assets totaled CNY 5,094,400,185.32, up from CNY 4,981,367,073.52 year-over-year[15] - Accounts receivable rose to CNY 2,554,518,661.61, compared to CNY 2,273,425,485.64 in the previous year, indicating an increase of about 12.3%[15] - The company reported a decrease in inventory to CNY 185,640,394.05 from CNY 202,418,011.18, a decline of approximately 8.3%[15] Government Support and Other Income - The company received government subsidies amounting to ¥10,027,820.26 during the reporting period[8] - Non-operating income for the year-to-date period was -80.76%, primarily due to reduced income from infrastructure projects[9] Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 17,516,790.62, compared to CNY 16,020,036.52 in 2020, indicating an increase of 9.34%[21] Debt and Financing - The company's short-term borrowings increased to CNY 2,115,547,000.00 from CNY 1,779,218,900.00, reflecting a rise of approximately 18.9%[18] - The company reported a significant increase in interest expenses, which rose to CNY 217,785,524.12 in Q3 2021 from CNY 193,256,060.96 in Q3 2020, an increase of 12.71%[21] - The company’s total liabilities increased, with a significant portion attributed to the rise in borrowings, which reached 2,135,547,000.00 CNY in Q3 2021, up from 1,712,026,900.00 CNY in Q3 2020[30]