SERVYOU(SH:603171)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥343,379,895.43, a decrease of 14.30% compared to the same period last year[7] - The net profit attributable to shareholders for Q3 2021 was ¥25,365,408.21, down 66.80% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,774,529.12, a decline of 88.14% compared to the same period last year[7] - The basic and diluted earnings per share for Q3 2021 were both ¥0.06, a decrease of 70.12% year-on-year[11] - Net profit for the third quarter of 2021 was ¥118,481,143.91, down from ¥165,170,654.37 in the same quarter of 2020, reflecting a decrease of approximately 28.3%[40] - Basic earnings per share for the third quarter of 2021 were ¥0.31, down from ¥0.45 in the same quarter of 2020, a decline of about 31.1%[43] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥3,177,572,852.85, an increase of 13.81% compared to the end of the previous year[11] - Total current assets as of September 30, 2021, amount to ¥2,329,766,868.35, an increase from ¥2,014,488,764.06 at the end of 2020[29] - Total assets as of September 30, 2021, are ¥3,177,572,852.85, up from ¥2,792,097,899.85 at the end of 2020[29] - The total liabilities decreased from ¥1,016,190,190.63 in the previous period to ¥861,676,290.29, a reduction of about 15.3%[36] - Current liabilities totaled 919,127,450.86, with a notable component being employee compensation payable at 229,691,799.22[55] - Non-current liabilities were recorded at 97,062,739.77, reflecting a decrease of 7,721,486.61 from the previous period[55] Cash Flow - The company reported a net cash flow from operating activities of -¥178,406,476.20 for the year-to-date, reflecting a decrease of 285.93%[11] - Cash flow from operating activities for the first three quarters of 2021 was ¥942,690,066.32, compared to ¥990,171,480.84 in 2020, a decrease of approximately 4.8%[44] - The net cash flow from operating activities was -178,406,476.20 RMB, a decrease from 95,951,655.16 RMB in the previous period[46] - Cash inflow from investment activities totaled 773,958,513.87 RMB, compared to 619,210,218.88 RMB in the prior period[46] - The net cash flow from investment activities was -419,745,525.11 RMB, worsening from -181,518,817.00 RMB year-over-year[46] - Cash inflow from financing activities reached 1,045,941,792.17 RMB, significantly higher than 280,163,277.86 RMB in the previous period[48] - The net cash flow from financing activities was 422,161,704.27 RMB, recovering from -73,351,448.00 RMB in the prior year[48] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,697[21] - The largest shareholder, Ningbo Sichi Equity Investment Partnership, holds 223,095,730 shares, accounting for 54.96% of total shares[21] - The second largest shareholder, Zhang Zhenchao, holds 92,300,000 shares, representing 22.74% of total shares[21] Expenses and Investments - The company increased its investment in new product trials and development, leading to a rise in R&D and marketing expenses, which contributed to the decline in net profit[18] - The cash paid to employees increased to 914,800,542.07 RMB from 724,904,887.70 RMB, reflecting a growth in workforce costs[46] Government Support - The company received government subsidies amounting to ¥14,546,217.73 during the reporting period, contributing to its non-recurring gains[12] Accounting Changes - The company adopted new accounting standards for leases effective January 1, 2021, impacting the measurement of lease liabilities[57]