INLY(SH:603598)2021-10-22 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,246,839,642.56, a decrease of 19.09% compared to the same period last year[6] - The net profit attributable to shareholders was ¥441,877.71, down 99.02% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥3,779,820.63, a decline of 110.12% compared to the previous year[6] - The basic and diluted earnings per share were both ¥0.002, reflecting a decrease of 98.82% year-on-year[7] - The company reported a net profit decline of 67.89% due to increased investments in innovative business segments and related costs[12] - In Q3 2021, the company's net profit was CNY 23,197,013.64, a decrease of 68.1% compared to CNY 72,256,110.80 in Q3 2020[23] - The company's operating profit for Q3 2021 was CNY 32,802,879.65, down 63.4% from CNY 89,555,441.83 in Q3 2020[23] - The company reported a net loss for the first three quarters of 2021, with total costs exceeding total revenues[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,616,710,371.89, a decrease of 22.90% from the end of the previous year[7] - Total assets as of September 30, 2021, amounted to RMB 1,616,710,371.89, down from RMB 2,096,844,922.83 at the end of 2020[18] - Total liabilities decreased to RMB 1,134,497,189.29 from RMB 1,646,166,381.49, showing a reduction of about 30.9%[19] - Total liabilities reached approximately $1.65 billion, with current liabilities at about $1.62 billion and non-current liabilities at approximately $30.60 million[32] - The total liabilities and equity matched the total assets, confirming the balance sheet integrity at approximately $2.10 billion[32] Cash Flow - The company's cash flow from operating activities showed a net increase of 101.78% year-on-year, amounting to ¥94,395,659.79[7] - The cash flow from operating activities for the first nine months of 2021 was CNY 94,395,659.79, compared to CNY 46,782,404.34 in the same period of 2020, reflecting a significant increase[27] - The company reported a net cash outflow from investing activities of CNY 87,649,694.85 in Q3 2021, compared to a net outflow of CNY 7,267,542.22 in Q3 2020[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,115[14] - The largest shareholder, Luo Yanjiji, held 44.62% of the shares, with 63,000,000 shares pledged[14] - Shareholders' equity totaled approximately $450.68 million, with total equity attributable to the parent company at about $450.92 million[32] Research and Development - Research and development expenses increased by 88.24%, indicating a significant investment in technology development and personnel expansion[12] - Research and development expenses in Q3 2021 amounted to CNY 19,634,404.34, up 88.1% from CNY 10,430,433.58 in Q3 2020[23] Operational Metrics - Total operating revenue for the first three quarters of 2021 reached RMB 3,936,480,032.72, an increase of 12.14% compared to RMB 3,510,002,534.16 in the same period of 2020[22] - Total operating costs for the first three quarters of 2021 were RMB 3,963,703,054.16, up from RMB 3,430,692,742.31 in the previous year, reflecting a growth of 15.5%[22] - The company's total expenses for sales in Q3 2021 were CNY 97,363,293.01, an increase of 84.9% from CNY 52,622,213.10 in Q3 2020[23] Other Information - The company has not disclosed any new product developments or market expansion strategies during this reporting period[16] - There are no significant mergers or acquisitions reported in the current financial period[16] - The company adopted new leasing standards effective January 1, 2021, impacting the financial statements[33] - The company incurred a credit impairment loss of CNY 35,203,771.78 in Q3 2021, compared to a reversal of CNY 11,493,888.12 in Q3 2020[23] - The company's cash and cash equivalents as of September 30, 2021, were RMB 139,203,922.36, a decrease from RMB 217,518,376.99 at the end of 2020[17] - Accounts receivable decreased to RMB 839,372,772.39 from RMB 1,222,419,026.71 at the end of 2020, indicating a reduction of approximately 31.3%[17] - Accounts receivable stood at approximately $1.22 billion, while inventory was reported at $15,228.32[30] - The company reported short-term borrowings of $140 million and accounts payable of approximately $955.19 million[31] - The goodwill recorded was approximately $226.70 million, and the deferred tax assets were about $56.73 million[31] - The company has a negative minority interest of approximately $237,810.87, indicating a loss attributable to minority shareholders[32]