SDHP(SH:603021)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥206,284,109.84, a decrease of 18.68% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥56,022,471.78, representing a significant decline of 9,489.07% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥59,096,840.99, a decrease of 19,732.16% compared to the previous year[3]. - The basic earnings per share for the period was -¥0.18, with a year-over-year decline of 3,700%[4]. - The weighted average return on equity was -4.74%, a decrease of 4.79 percentage points from the previous year[4]. - The net cash flow from operating activities was -¥68,616,810.58, a decrease of 61.11% year-over-year[3]. - The net profit for the first three quarters of 2021 was a loss of CNY 91,966,219.29, compared to a profit of CNY 21,154,393.14 in the same period of 2020[17]. - The operating profit for the first three quarters of 2021 was a loss of CNY 83,243,912.34, a significant decline from a profit of CNY 29,935,160.42 in 2020[17]. - The basic and diluted earnings per share for the first three quarters of 2021 were both CNY -0.36, compared to CNY 0.01 in the same period of 2020[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,609,973,326.25, reflecting a slight increase of 0.51% from the end of the previous year[4]. - Total current assets as of September 30, 2021, amount to ¥1,257,138,662.06, an increase from ¥1,200,896,122.88 in the previous year[14]. - Total assets as of September 30, 2021, are ¥3,609,973,326.25, slightly up from ¥3,591,642,646.22 year-over-year[14]. - The total liabilities as of the end of the third quarter of 2021 were CNY 2,254,112,188.59, compared to CNY 2,143,815,289.27 at the end of the same period in 2020, reflecting an increase of 5.1%[15]. - The total equity attributable to shareholders of the parent company decreased to CNY 1,153,385,386.33 from CNY 1,267,803,660.57 in the previous year, a decline of 9.0%[15]. - Total liabilities amounted to approximately CNY 2.14 billion, with current liabilities at CNY 2.06 billion[24]. Cash Flow - The cash inflow from operating activities for the first three quarters of 2021 was CNY 496,275,967.57, slightly up from CNY 492,611,666.36 in the same period of 2020, representing an increase of approximately 0.13%[19]. - The net cash flow from financing activities was CNY 31,333,017.36, down from CNY 51,642,117.59 in the previous year, showing a decrease of approximately 39.4%[20]. - The company reported a cash outflow from investing activities of CNY -39,543,344.72, which is an improvement compared to CNY -41,768,580.66 in the previous year[20]. - The company received CNY 685,830,345.11 from borrowings, which is a substantial increase from CNY 435,382,089.57 in the same period of 2020, reflecting a growth of approximately 57.3%[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,665[10]. - The largest shareholder, Zhang Dehua, holds 80,853,056 shares, accounting for 25.27% of total shares[10]. Operational Challenges - The decline in net profit was attributed to increased credit impairment losses, higher financing costs, and rising raw material prices due to environmental policies[7]. - The company plans to address the challenges posed by increased costs and longer collection cycles in its geographical information segment[7]. Research and Development - Research and development expenses for the first three quarters of 2021 amounted to CNY 18,410,470.83, an increase of 24.3% from CNY 14,766,300.55 in 2020[16]. Other Information - The company has not disclosed any significant new product developments or market expansion strategies in the current report[12]. - The company has adopted new leasing standards from January 1, 2021, adjusting related assets and liabilities accordingly[25].