BYE(SH:603861)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥873,049,334.02, representing a year-on-year increase of 19.15%[3] - The net profit attributable to shareholders was -¥26,342,238.94, a decrease of 207.17% compared to the same period last year[3] - The basic earnings per share for the period was -¥0.0586, a decrease of 207.13% year-on-year[3] - The net profit attributable to shareholders for the current reporting period is -207.17 million RMB, primarily due to increased R&D expenses and credit impairment provisions[7] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is -262.03 million RMB, reflecting the same factors as the overall net profit[7] - The basic earnings per share for the current reporting period is -207.13 RMB, indicating a decrease in net profit compared to the previous year[7] - Net profit for Q3 2021 was ¥7,780,446.63, a significant recovery from a net loss of ¥76,582,023.84 in Q3 2020[16] - The profit attributable to shareholders of the parent company for Q3 2021 was ¥20,654,109.77, compared to a loss of ¥69,087,124.80 in the same quarter of the previous year[17] - Basic and diluted earnings per share for Q3 2021 were both ¥0.0459, a turnaround from a loss of ¥0.1536 per share in Q3 2020[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,895,217,034.28, an increase of 8.90% from the end of the previous year[4] - The total current assets as of September 30, 2021, amount to 5,032.26 million RMB, an increase from 4,618.31 million RMB at the end of 2020[12] - The total assets as of September 30, 2021, are 7,895.22 million RMB, compared to 7,250.30 million RMB at the end of 2020[13] - The total liabilities as of September 30, 2021, amount to 4,136.55 million RMB, up from 3,850.75 million RMB at the end of 2020[13] - Total liabilities as of Q3 2021 were ¥4,962,684,190.01, an increase of 13.66% from ¥4,366,261,460.24 in the previous year[16] - The company has a total of $3.06 billion in current liabilities, with short-term borrowings of $572.16 million and accounts payable of $901.91 million[24] Cash Flow - The cash flow from operating activities was not applicable for the current period, with a cumulative cash flow of -¥56,117,934.44 year-to-date[3] - The cash flow from operating activities has increased due to higher cash received from sales[7] - The net cash flow from operating activities was -$56.12 million, an improvement from -$324.41 million in the previous period[21] - Total cash inflow from investment activities was $687.75 million, while cash outflow was $1.15 billion, resulting in a net cash flow of -$463.49 million[21] - Cash inflow from financing activities amounted to $933.01 million, with cash outflow of $584.89 million, leading to a net cash flow of $348.12 million[21] - The ending cash and cash equivalents balance was $794.58 million, down from $966.10 million at the beginning of the period[21] Investments and Expenses - The company has made significant investments in the rail transit industry and infrastructure projects, resulting in a net cash outflow from investing activities of -3,660.21 million RMB[7] - Research and development expenses for Q3 2021 amounted to ¥84,936,420.79, an increase from ¥72,388,005.02 in Q3 2020, indicating a focus on innovation[16] - The company's inventory increased by 30.46% compared to the previous period, primarily due to the increase in goods dispatched for large projects[6] - The company's long-term receivables increased by 60.11%, reflecting growth in long-term project receivables[6] Shareholder Information - The number of ordinary shareholders at the end of the reporting period is 19,145, with the top ten shareholders holding a combined 61.82% of the shares[8] - Total equity attributable to shareholders of the parent company was ¥2,696,233,882.63, up from ¥2,640,765,051.60 in Q3 2020, reflecting a growth of 2.11%[16] Other Financial Metrics - The weighted average return on net assets was -0.0091%, a decrease of 195.19 percentage points year-on-year[3] - The company reported a significant increase of 539.35% in trading financial assets at the end of the reporting period, mainly due to an increase in bank wealth management funds[6] - The company is implementing new leasing standards starting from 2021, which may impact financial reporting[22] - The company’s retained earnings stood at $1.55 billion, contributing to a strong equity position[25]