Anzheng Fashion(SH:603839)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥670,613,525.11, a decrease of 24.28% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥38,703,784.24, down 10.43% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥39,530,705.74, a decline of 36.07% compared to the previous year[5]. - The basic earnings per share for the period was ¥0.10, a decrease of 9.09% from the same period last year[6]. - The company experienced a decrease in net profit due to a decline in sales revenue during the third quarter[9]. - The net profit for Q3 2021 was CNY 126,536,986.53, a decrease of 18.8% compared to CNY 155,892,536.05 in Q3 2020[28]. - The total profit for Q3 2021 was CNY 156,781,206.83, down from CNY 178,663,463.43 in Q3 2020, representing a decline of 12.2%[28]. - The total operating profit for Q3 2021 was CNY 153,957,397.81, down from CNY 176,992,259.30 in the same period last year, reflecting a decline of 13.0%[28]. Revenue and Sales - Total revenue for the first nine months of 2021 reached RMB 219,511.55 million, representing a year-on-year increase of 2.76%[19]. - The revenue from the East China region was RMB 94,747.43 million, contributing 43.16% to total revenue, with a year-on-year growth of 2.43%[21]. - The online sales revenue was RMB 94,066.31 million, accounting for 42.85% of total revenue, with a gross margin of 33.11%[19]. - The revenue from e-commerce operations was RMB 57,061.94 million, but it saw a decline of 39.54% year-on-year[19]. - Total revenue for the first three quarters of 2021 reached CNY 2,209,586,867.80, an increase from CNY 2,142,497,765.81 in the same period of 2020, representing a growth of approximately 3.12%[26]. - Total revenue from sales of goods and services for the first nine months of 2021 was CNY 2,164,764,332.57, a decrease of 3.7% from CNY 2,248,030,235.56 in the same period of 2020[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,170,787,853.44, reflecting a decrease of 11.81% from the end of the previous year[6]. - The company's cash and cash equivalents decreased to CNY 477,317,461.55 as of September 30, 2021, down from CNY 841,276,232.94 at the end of 2020, a decline of approximately 43.25%[22]. - Total liabilities decreased to CNY 1,199,263,544.02 from CNY 1,702,109,706.29, indicating a decline of approximately 29.54%[24]. - Total current assets as of Q3 2021 amounted to $2,991,178,158.34, a decrease of $6,448,863.90 compared to the previous period[34]. - Total non-current liabilities increased to $64,175,195.82, an increase of $106,056,990.15 compared to the prior period[35]. - Total equity stood at $3,027,186,932.80, remaining stable compared to the previous period[35]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥193,325,142.68[6]. - Cash flow from operating activities for the first nine months of 2021 was CNY 193,325,142.68, a significant improvement from a negative cash flow of CNY -133,220,084.20 in the first nine months of 2020[31]. - The company reported a net cash outflow from financing activities of CNY -772,004,070.53 in Q3 2021, compared to a net inflow of CNY 159,960,424.20 in Q3 2020[32]. - The company's operating cash inflow for Q3 2021 was CNY 2,346,872,242.46, slightly lower than CNY 2,372,220,174.06 in Q3 2020, reflecting a decrease of 1.1%[31]. Store and Franchise Operations - The number of physical stores decreased from 2,453 at the end of 2020 to 2,274 by September 2021, with 634 new openings and 813 closures during the period[14]. - The number of franchise stores for the brand FROG PRINCE decreased by 132, totaling 727 by September 2021[14]. - The gross profit margin for the franchise stores was 58.10%, reflecting an increase of 1.46 percentage points compared to the previous year[18]. Future Outlook - The company is focusing on market expansion and new product development to drive future growth, although specific figures were not disclosed in the report[22].