BBMG(SH:601992)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was approximately ¥29.69 billion, a decrease of 3.94% compared to the same period last year[4]. - Net profit attributable to shareholders was approximately ¥804.46 million, down 32.55% year-over-year[4]. - The basic earnings per share for the quarter was ¥0.08, reflecting a decrease of 32.55% compared to the previous year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥87.41 billion, a 21.6% increase from ¥71.84 billion in the same period of 2020[17]. - Net profit for the first three quarters of 2021 was ¥4.57 billion, compared to ¥4.43 billion in the same period of 2020, reflecting a 3.2% increase[18]. - The company reported a basic and diluted earnings per share of CNY 0.25, unchanged from the previous year[19]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥283.38 billion, a decrease of 2.74% from the end of the previous year[5]. - As of September 30, 2021, total assets amounted to RMB 283.38 billion, a decrease from RMB 291.35 billion at the end of 2020, reflecting a decline of approximately 2.9%[13]. - Current assets totaled RMB 174.58 billion, down from RMB 182.67 billion, indicating a decrease of about 4.4%[14]. - Total liabilities were RMB 174.58 billion, reflecting a decrease from RMB 182.67 billion, indicating a decline of about 4.4%[14]. - Total liabilities decreased to ¥189.71 billion in Q3 2021 from ¥196.90 billion in Q3 2020, a reduction of 3.6%[16]. - Total equity attributable to shareholders was ¥61.59 billion in Q3 2021, down from ¥63.38 billion in Q3 2020, a decline of 2.8%[18]. Cash Flow - Cash flow from operating activities for the year-to-date was approximately ¥8.24 billion, an increase of 431.02% compared to the same period last year[5]. - Net cash flow from operating activities reached CNY 8,238,260,061.32, significantly up from CNY 1,551,403,825.35 in the same period last year[21]. - Cash received from the sale of goods and services was CNY 84,155,959,760.73, compared to CNY 72,984,199,826.64 in the previous year[20]. - Cash flow from financing activities resulted in a net outflow of CNY -17,115,336,742.82, compared to a net inflow of CNY 3,260,751,029.41 in the previous year[22]. - Total cash and cash equivalents at the end of the period were CNY 13,494,291,758.76, down from CNY 17,960,452,521.23 at the end of the previous year[22]. Expenses and Investments - Research and development expenses increased by 50.3% year-over-year, primarily due to enhanced efforts in new materials and product development[9]. - Research and development expenses increased to ¥354.67 million in 2021 from ¥235.92 million in 2020, marking a 50.2% rise[17]. - The company reported a financial expense of ¥1.80 billion in 2021, down 27.5% from ¥2.49 billion in 2020[17]. - Total cash inflow from investment activities was CNY 3,724,967,895.21, up from CNY 2,194,451,399.34 year-on-year[21]. Other Notable Points - The company reported a significant increase in contract assets, up 151.2% compared to the beginning of the year, attributed to completed but unsettled engineering projects[8]. - The company experienced a 146.1% increase in notes payable, driven by expanded business operations during the reporting period[8]. - Non-operating income for the quarter was approximately ¥340.51 million, an increase of 210.3% compared to the same period last year[9]. - The company reported a net loss from the disposal of non-current assets of approximately ¥103.49 million during the quarter[6]. - The company has not indicated any new product launches or technological advancements during this reporting period[12]. - There are no significant mergers or acquisitions reported in the current quarter[12]. - The company plans to continue focusing on market expansion and new product development as part of its future strategy[18].