三江购物(601116) - 2021 Q3 - 季度财报

Financial Performance - Q3 2021 revenue was CNY 975,965,240.79, a decrease of 5.13% year-over-year, and year-to-date revenue was CNY 2,976,435,981.31, down 11.78%[3] - Net profit attributable to shareholders for Q3 2021 was CNY 21,705,134.26, a decline of 3.03%, while year-to-date net profit was CNY 65,162,842.18, down 39.04%[3] - The basic earnings per share for Q3 2021 was CNY 0.0396, a decrease of 3.18%, and year-to-date it was CNY 0.1190, down 39.04%[3] - Total operating revenue for the first three quarters of 2021 was CNY 2,976,435,981.31, a decrease of 11.75% compared to CNY 3,373,851,959.56 in the same period of 2020[23] - Operating profit for the first three quarters of 2021 was CNY 89,804,474.09, a decline of 37.19% compared to CNY 143,223,729.40 in the same period of 2020[23] - The company reported a net profit of CNY 89,121,290.34 for the first three quarters of 2021, down from CNY 142,470,749.99 in the same period of 2020[23] - Net profit for Q3 2021 was CNY 65,162,842.18, a decrease of 39% compared to CNY 106,889,637.20 in Q3 2020[24] - Basic and diluted earnings per share for Q3 2021 were CNY 0.1190, down from CNY 0.1952 in Q3 2020, reflecting a decline of 39%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,955,634,417.66, an increase of 10.08% compared to the previous year[4] - Total assets as of September 30, 2021, amounted to CNY 4,955,634,417.66, an increase from CNY 4,501,981,793.06 at the end of 2020[21] - Total liabilities as of September 30, 2021, were CNY 1,859,239,467.43, compared to CNY 1,321,516,620.34 at the end of 2020, reflecting a significant increase[21] - Current assets totaled CNY 3,263,949,604.47 as of September 30, 2021, slightly up from CNY 3,230,183,953.92 at the end of 2020[20] - Non-current assets reached CNY 1,691,684,813.19 as of September 30, 2021, compared to CNY 1,271,797,839.14 at the end of 2020, indicating growth[20] - Total liabilities reached approximately 1.32 billion, a decrease of 449.14 million compared to the previous period[32] - Total equity attributable to shareholders was approximately 3.18 billion, a decrease of 39.70 million[33] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 206,481,546.44, an increase of 31.94%[3] - Cash flow from operating activities for the first three quarters of 2021 was CNY 206,481,546.44, an increase of 32% compared to CNY 156,496,657.76 in the same period of 2020[27] - Total operating cash inflow for the first three quarters of 2021 was CNY 3,320,683,065.24, compared to CNY 3,700,691,060.24 in the same period of 2020, indicating a decline of about 10%[27] - Cash flow from investing activities generated a net inflow of CNY 89,336,902.66 in the first three quarters of 2021, compared to a net outflow of CNY 77,597,034.07 in the same period of 2020[28] - Cash flow from financing activities resulted in a net outflow of CNY 109,535,680.00, consistent with the same amount in the previous year[28] Shareholder Information - The company has a total of 24,683 common shareholders at the end of the reporting period[7] - The top two shareholders are Shanghai Hean Investment Management Co., Ltd. with 35.42% and Hangzhou Alibaba Zeta Information Technology Co., Ltd. with 32.00% of shares[7] Employee Stock Ownership Plans (ESOP) - The company has implemented an employee stock ownership plan involving 15 participants, including directors and senior management[9] - The first employee stock ownership plan (ESOP) was established with a total purchase of 3,216,900 shares at an average price of RMB 10.88 per share, totaling RMB 34.9999 million[10] - As of September 30, 2021, the first ESOP had reduced its holdings by 2,886,800 shares, representing 0.53% of the total share capital[10] - The second ESOP raised a total of RMB 6 million, with 346,700 shares purchased at an average price of RMB 15.532 per share, totaling RMB 5,384,944.40[13] - The third ESOP raised a total of RMB 7.5 million, purchasing 511,900 shares at an average price of RMB 12.8485 per share, totaling RMB 6,577,144[14] - The fourth ESOP raised a total of RMB 12 million, acquiring 760,900 shares at an average price of RMB 14.2781 per share, totaling RMB 10,864,207[15] - The fifth ESOP raised a total of RMB 3.5 million, purchasing 327,700 shares at an average price of RMB 9.9048 per share, totaling RMB 3,245,794[16] - The first ESOP's lock-up period was 12 months, with a total duration of 36 months, while subsequent plans maintained a 36-month lock-up[10][12][14][15][16] - The first ESOP was extended twice, first to September 8, 2021, and then to September 8, 2023, reflecting confidence in the company's future[11] - As of the report date, there were 8 employees who had left the company while participating in the first ESOP[11] - The second ESOP was fully terminated with all assets converted to cash as of September 27, 2021[13] Inventory and Management - The company’s inventory decreased to CNY 313,604,746.73 as of September 30, 2021, from CNY 349,560,280.76 at the end of 2020, reflecting improved inventory management[20] - Inventory stood at approximately 349.56 million[31] - Other receivables amounted to approximately 17.17 million[31] - Contract liabilities were approximately 592.99 million[32] New Standards and Regulations - The company implemented new leasing standards starting January 1, 2021, affecting financial statement disclosures[33]