People.cn (SH:603000)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥478,936,116.59, representing a year-over-year increase of 4.29%[4] - The net profit attributable to shareholders for Q3 2021 was ¥62,970,056.68, showing a decrease of 9.36% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥58,268,882.03, down 12.33% year-over-year[5] - The basic earnings per share for Q3 2021 was ¥0.06, a decline of 14.29% compared to the previous year[5] - Net profit for the third quarter of 2021 was ¥87,400,670.34, a decrease of 13.6% from ¥101,167,417.73 in the same quarter of 2020[17] - The net profit attributable to shareholders of the parent company for the third quarter was ¥79,184,613.63, down from ¥95,628,819.25 in the previous year, representing a decline of 17.2%[17] - Basic earnings per share for the third quarter were ¥0.07, compared to ¥0.09 in the same quarter of 2020[18] - The total profit for the third quarter of 2021 was ¥99,262,735.07, down from ¥115,079,802.85 in the same quarter of 2020, indicating a decrease of 13.7%[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,053,899,950.82, an increase of 1.13% from the end of the previous year[5] - The company's current assets totaled RMB 3,516,872,049.91, down from RMB 3,931,117,980.86 at the end of 2020, indicating a decrease of approximately 10.6%[13] - The total liabilities of the company were RMB 1,410,450,834.25, compared to RMB 1,252,157,174.61 at the end of 2020, showing an increase of about 12.6%[14] - The company's equity attributable to shareholders was RMB 3,281,609,366.70, down from RMB 3,365,426,831.26, indicating a decrease of approximately 2.5%[15] - Total current assets amounted to 3,931,117,980.86 RMB, showing a minor increase from 3,930,098,560.43 RMB[22] - Total non-current assets increased to 1,066,403,196.75 RMB from 1,550,398,731.83 RMB, reflecting a significant adjustment[22] - Total liabilities amounted to approximately $1.25 billion, a decrease of $482.98 million compared to the previous period[23] - The company reported a total current liability of approximately $1.23 billion, down from $1.33 billion in the previous period[23] Cash Flow - The net cash flow from operating activities for the year-to-date was reported as negative, at -¥15,876,134.55[5] - Net cash flow from operating activities was -15,876,134.55 RMB, an improvement from -43,814,751.32 RMB in the previous year[19] - Total cash inflow from investment activities decreased to 4,314,532,751.03 RMB from 5,010,186,266.05 RMB year-over-year[20] - Cash outflow from investment activities was 4,592,102,004.16 RMB, down from 4,961,801,982.11 RMB in the same period last year[20] - Net cash flow from financing activities was -304,425,888.30 RMB, compared to -159,943,193.54 RMB in the previous year[20] - The ending balance of cash and cash equivalents was 644,873,192.18 RMB, slightly up from 613,219,721.19 RMB year-over-year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 88,227[9] - The largest shareholder, People's Daily, held 48.43% of the shares, totaling 535,540,064 shares[9] Government Support and Expenses - The company received government subsidies amounting to ¥8,229,362.30 during the reporting period[6] - The company reported a tax expense of ¥11,862,064.73 for the third quarter, compared to ¥13,912,385.12 in the previous year[17] Research and Development - Research and development expenses increased significantly to ¥58,394,083.21, compared to ¥26,969,680.33 in the previous year, reflecting a growth of 116.5%[16] Retained Earnings - The company’s retained earnings as of September 30, 2021, were RMB 1,155,387,093.24, down from RMB 1,254,218,739.63, indicating a decrease of about 7.9%[15] - The company’s retained earnings stood at approximately $1.25 billion, unchanged from the previous reporting period[23]