同庆楼(605108) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 329,232,317.60, a decrease of 5.27% compared to the same period last year, but an increase of 0.39% when adjusted for the previous year's VAT exemption[7]. - Net profit attributable to shareholders was CNY 8,458,587.61, down 68.11% year-on-year, while the net profit excluding non-recurring gains and losses was CNY 5,864,753.85, down 74.96%[7]. - Basic and diluted earnings per share for Q3 2021 were CNY 0.03, a decrease of 78.57% compared to the same period last year[10]. - The net profit for the third quarter of 2021 was CNY 79,537,639.86, a decrease from CNY 106,456,586.81 in the same period of 2020, representing a decline of approximately 25.3%[46]. - The total operating profit for the third quarter was CNY 107,641,303.66, down from CNY 205,435,225.52 year-over-year, indicating a decrease of about 47.7%[46]. - The company reported a total profit of CNY 107,052,964.92 for the third quarter, down from CNY 145,466,880.31 in the same period of 2020, reflecting a decrease of approximately 26.4%[46]. Cash Flow and Liquidity - Operating cash flow for the year-to-date period was CNY 261,241,857.91, reflecting a significant increase of 95.55% compared to the previous year[7]. - Year-to-date net cash flow from operating activities rose by 95.55%, indicating improved cash management despite challenges[25]. - Cash flow from operating activities for the first three quarters of 2021 was CNY 1,191,539,194.11, an increase of 45.5% compared to CNY 818,792,834.45 in the same period of 2020[48]. - The net cash flow from operating activities for the third quarter was CNY 261,241,857.91, up from CNY 133,590,860.74 in the previous year, reflecting a growth of approximately 95.4%[52]. - The total cash and cash equivalents at the end of the period increased to 499,661,690.71 RMB, up from 443,708,513.85 RMB at the beginning of the period, reflecting a net increase of 55,953,176.86 RMB[54]. Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 2,719,675,065.06, representing a 20.83% increase from the end of the previous year[10]. - The company's total liabilities amounted to ¥838,513,510.49, compared to ¥344,831,763.23 in the previous year, reflecting a significant increase of approximately 143%[41]. - Non-current assets totaled ¥1,619,853,098.98 as of September 30, 2021, compared to ¥998,502,134.70 in the previous year, marking an increase of approximately 62.2%[38]. - The equity attributable to shareholders was ¥1,881,161,554.57, slightly down from ¥1,905,958,372.48, indicating a decrease of about 1.3%[43]. Operational Changes - The company opened three new stores in Q3 2021, while three existing stores were closed for renovations, impacting overall revenue[11]. - The company incurred expenses of CNY 8,339,900 for the three new stores and CNY 4,331,500 for stores under construction, contributing to increased costs despite a decline in revenue[13]. - The company is cautiously investing in new business areas while maintaining resilience in its core restaurant operations amid ongoing pandemic challenges[15]. - The net profit attributable to shareholders decreased by 68.11% due to the impact of the pandemic and the opening of new stores, alongside increased costs from new business development[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,736[26]. - The largest shareholder, Ma'anshan Putian Investment Development Co., Ltd., holds 37.55% of shares[26]. Research and Development - Research and development expenses for the first three quarters of 2021 were ¥1,611,660.33, compared to ¥188,890.72 in the same period of 2020, showing a substantial increase[43]. Other Financial Metrics - The company reported a decrease in the weighted average return on equity to 0.45%, down 81.68 percentage points year-on-year[10]. - The company received government subsidies totaling CNY 1,046,905.90 during the reporting period, contributing to non-operating income[17]. - The implementation of the new leasing standards resulted in the recognition of right-of-use assets amounting to 373,250,552.99 RMB[54]. - The company’s lease liabilities were recorded at 477,839,850.38 RMB following the adjustment for the new leasing standards[54].