GOLDENSEA(SH:603311)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥163,679,875.42, representing a decrease of 0.93% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥15,960,672.97, down 21.91% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,677,855.89, a decrease of 29.97% compared to the same period last year[3]. - The basic earnings per share for Q3 2021 was ¥0.08, down 20.00% year-on-year[3]. - The diluted earnings per share for Q3 2021 was also ¥0.08, reflecting a 20.00% decrease compared to the same period last year[3]. - The weighted average return on equity for the reporting period was 1.86%, a decrease of 0.65 percentage points compared to the previous year[3]. - Total operating revenue for the first three quarters of 2021 reached ¥554,266,809.37, an increase of 9.0% compared to ¥508,517,286.39 in the same period of 2020[16]. - Net profit for the first three quarters of 2021 was ¥70,967,404.90, a decrease of 3.4% from ¥73,483,215.28 in the same period of 2020[18]. - The company reported a basic earnings per share of ¥0.34 for the first three quarters of 2021, compared to ¥0.35 in the same period of 2020[18]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was ¥46,510,929.44, reflecting a significant decline of 59.59%[3][6]. - The net cash flow from operating activities for the first three quarters of 2021 was ¥46,510,929.44, down 59.6% from ¥115,091,038.21 in 2020[20]. - The company received cash from sales of goods and services totaling ¥529,060,716.79, a decrease from ¥550,316,497.33 in the previous year[20]. - The net cash flow from investment activities was -$114.51 million, a decrease compared to a net inflow of $66.55 million in the previous period[21]. - Cash inflow from financing activities totaled $245.16 million, while cash outflow was $255.49 million, resulting in a net cash flow of -$10.32 million[21]. - The company's cash and cash equivalents decreased by $95.48 million, ending the period with a balance of $230.56 million[21]. - The beginning cash balance was $326.04 million, indicating a significant decrease in cash reserves by the end of the period[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,257,318,472.56, an increase of 1.90% from the end of the previous year[4]. - Current assets totaled RMB 794,976,209.25, compared to RMB 786,020,131.26 at the end of 2020, indicating an increase of about 1.2%[12]. - Total current liabilities were RMB 384,309,368.58, compared to RMB 360,717,824.50, indicating an increase of approximately 6.5%[13]. - The total liabilities as of the end of the third quarter of 2021 were ¥399,485,814.01, an increase from ¥371,335,006.15 at the end of 2020[17]. - The total equity attributable to shareholders of the parent company was ¥857,832,658.55, slightly down from ¥862,531,182.07 in the previous year[17]. Expenses and Investments - The total operating costs for the first three quarters of 2021 were ¥482,075,080.23, up from ¥430,524,229.88 in 2020, reflecting a year-over-year increase of 12.0%[17]. - Research and development expenses for the first three quarters of 2021 amounted to ¥20,309,205.60, compared to ¥15,448,564.06 in 2020, indicating a 31.5% increase[17]. - The company reported non-recurring gains of ¥3,282,817.08 for the year-to-date, down from ¥5,441,780.17 in the previous year[6]. - Other comprehensive income after tax for the first three quarters of 2021 was -¥33,665,928.42, worsening from -¥15,727,433.04 in 2020[18]. Changes in Financial Position - The equity attributable to shareholders at the end of the reporting period was ¥857,832,658.55, a slight decrease of 0.54% compared to the end of the previous year[4]. - The company reported no significant changes in shareholder structure during the reporting period[10]. - Cash and cash equivalents were RMB 309,422,045.01, down from RMB 378,278,012.03, representing a decrease of approximately 18.2%[12]. - Accounts receivable rose to RMB 178,257,214.55 from RMB 168,828,834.15, marking an increase of about 5.3%[12]. - Inventory increased to RMB 155,200,005.70 from RMB 146,852,004.63, reflecting a growth of approximately 5.5%[12]. - Short-term borrowings increased to RMB 205,622,267.50 from RMB 165,179,437.50, representing a rise of about 24.5%[13]. - Non-current assets totaled RMB 462,342,263.31, up from RMB 447,846,056.96, reflecting a growth of about 3.1%[13]. - Fixed assets amounted to RMB 331,967,978.02, an increase from RMB 318,270,517.02, representing a growth of approximately 4.3%[13].