Hengtong Logistics(SH:603223)2021-10-25 16:00Revenue and Profitability - Revenue for Q3 2021 reached ¥1,869,082,191.44, an increase of 29.38% compared to the same period last year[7] - Net profit attributable to shareholders was -¥7,685,570.93, a decrease of 118.89% year-on-year[7] - The net profit after deducting non-recurring gains and losses was -¥12,675,334.15, down 132.09% from the previous year[7] - Basic and diluted earnings per share were both -¥0.02, a decline of 114.29% compared to the same period last year[10] - Net profit for the third quarter of 2021 was CNY 83,000,969.79, slightly down from CNY 86,525,061.55 in the same quarter of 2020, reflecting a decrease of approximately 4.4%[33] - Earnings per share for the third quarter of 2021 were CNY 0.26, compared to CNY 0.23 in the same quarter of 2020, showing an increase of about 13%[35] Cash Flow - Cash flow from operating activities was not applicable, with a significant decrease of 97.70% year-to-date[10] - Cash inflow from operating activities for the first three quarters of 2021 totaled CNY 5,760,190,371.18, up from CNY 4,316,005,704.56 in 2020, marking an increase of approximately 33.4%[35] - The net cash flow from operating activities was $6,183,024.08, a decrease from $269,327,692.30 in the previous year[37] - Total cash outflow from operating activities amounted to $5,754,007,347.10, compared to $4,046,678,012.26 last year[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,645,610,495.30, a decrease of 7.05% from the end of the previous year[10] - The company's current assets totaled ¥831,301,769.31, down from ¥866,703,294.23, indicating a decrease of about 4.07%[21] - The company's total liabilities decreased from ¥522,152,029.22 to ¥355,696,657.32, a reduction of approximately 31.9%[24] - The total liabilities as of the end of the reporting period were CNY 367,093,239.87, a decrease from CNY 535,189,810.33 in the previous year[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,973[15] - Major shareholders included Liu Zhendong with 20.73% and Nanshan Group with 20.30% of shares, both of which are pledged[15] Operating Costs and Expenses - The company experienced a significant increase in operating costs, impacting net profit margins[14] - Total operating costs for the first three quarters of 2021 were CNY 5,100,638,035.48, compared to CNY 3,777,211,724.08 in 2020, indicating an increase of about 35%[29] - The company reported a financial expense of CNY -3,588,624.72 in the third quarter of 2021, a significant improvement compared to CNY 9,741,687.62 in the same period of 2020[29] Inventory and Receivables - Accounts receivable increased from ¥132,441,960.69 to ¥177,336,538.49, reflecting a growth of about 33.8%[21] - The company's inventory decreased from ¥7,972,806.27 to ¥3,379,724.71, a reduction of about 57.6%[21] Cash and Cash Equivalents - Cash and cash equivalents decreased significantly from ¥382,661,604.94 to ¥217,217,545.89, a reduction of approximately 43.3%[21] - The ending cash and cash equivalents balance was $182,217,545.89, a decrease from $225,014,065.61 in the previous year[37] - The net increase in cash and cash equivalents was -$72,648,340.15, compared to an increase of $93,142,335.69 last year[37] Investments - The company's long-term equity investments decreased from ¥169,117,282.80 to ¥135,445,202.06, a decline of approximately 19.88%[21] - The net cash flow from investing activities was $71,425,683.19, a significant improvement from -$137,843,083.14 in the previous year[37] - Cash inflow from investing activities totaled $897,320,969.71, down from $1,240,698,825.70 year-over-year[37] - Cash outflow from investing activities was $825,895,286.52, compared to $1,378,541,908.84 last year[37] Deferred Income - The company’s deferred income decreased from CNY 13,037,781.11 to CNY 11,396,582.55, representing a decline of about 12.6%[26]