Perfect(SH:603059)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was ¥170,101,936.14, a decrease of 26.63% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥4,377,832.76, down 119.17% year-on-year[4] - The net profit excluding non-recurring gains and losses was ¥2,434,707.03, a decrease of 88.69% compared to the previous year[4] - Basic and diluted earnings per share were both -¥0.04, a decrease of 117.39% compared to the same period last year[5] - The net profit for Q3 2021 was CNY 40,444,625.47, a decrease of 43.5% compared to CNY 71,935,380.77 in Q3 2020[20] - Total operating profit for Q3 2021 was CNY 53,128,813.47, down 42.3% from CNY 92,104,852.26 in Q3 2020[22] - The total comprehensive income for Q3 2021 was CNY 42,370,855.75, a decrease of 39.2% from CNY 69,676,148.94 in Q3 2020[20] Year-to-Date Performance - The company reported a 23.00% increase in revenue year-to-date, primarily due to increased sales in overseas markets[9] - The net profit attributable to shareholders decreased by 43.78% year-to-date, mainly due to increased operational costs in the e-commerce business and impacts from the COVID-19 pandemic[9] - Total operating revenue for the first three quarters of 2021 reached ¥726,563,240.43, an increase of 22.9% compared to ¥590,694,543.48 in the same period of 2020[18] - Cash flow from operating activities for the first nine months of 2021 was CNY 154,236,029.39, an increase of 39.7% from CNY 110,397,585.59 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,469,483,392.24, an increase of 9.86% from the end of the previous year[5] - Current assets as of September 30, 2021, totaled ¥754,545,342.86, an increase from ¥711,629,567.32 at the end of 2020[14] - Total liabilities increased to ¥424,254,030.61 from ¥310,688,342.19 year-over-year[16] - The company's cash and cash equivalents were ¥132,727,349.23, down from ¥160,583,463.83 at the end of 2020[14] - Inventory levels rose to ¥154,365,342.99, compared to ¥117,897,728.49 at the end of 2020, reflecting a 30.9% increase[14] - Long-term equity investments increased to ¥92,228,868.72 from ¥82,350,881.56 year-over-year[14] - The company's retained earnings as of September 30, 2021, were ¥401,428,744.44, up from ¥384,984,118.97 at the end of 2020[16] Operational Efficiency - The company reported a net profit margin improvement, with net profit for the first three quarters of 2021 reflecting operational efficiency gains[18] - The company's total liabilities increased, with a significant rise in financial expenses, particularly interest expenses, which reached CNY 2,714,933.62 compared to CNY 540,092.66 in the previous year[22] Research and Development - Research and development expenses increased to CNY 20,664,225.29, up 85.5% from CNY 11,162,853.31 in the same period last year[22] - The company plans to continue investing in R&D and market expansion to drive future growth despite the current financial challenges[24]