QuantumCTek(SH:688027)2021-10-28 16:00Financial Performance - The company's operating revenue for the third quarter was ¥19,852,083.83, representing a year-on-year increase of 94.51%[7] - The net profit attributable to shareholders of the listed company was -¥25,308,711.88, with a year-to-date net profit of -¥44,300,587.52[7] - Total operating revenue for the first three quarters of 2021 reached ¥44,015,838.90, a significant increase from ¥26,267,214.92 in the same period of 2020, representing a growth of approximately 67.3%[24] - Net profit for the first three quarters of 2021 was a loss of ¥44,381,038.42, worsening from a loss of ¥23,025,951.75 in the same period of 2020[25] - Basic and diluted earnings per share for the first three quarters of 2021 were both -¥0.55, compared to -¥0.35 in the same period of 2020[26] Research and Development - Research and development expenses totaled ¥18,040,991.26 for the quarter, accounting for 90.88% of operating revenue, a decrease of 70.77 percentage points compared to the previous year[8] - The total R&D investment for the year-to-date was ¥50,303,786.01, reflecting a growth of 6.51% compared to the previous year[8] - Research and development expenses for the first three quarters of 2021 amounted to ¥38,555,549.58, up from ¥34,947,430.18 in 2020, indicating an increase of about 10.5%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,867,481,406.61, a decrease of 2.99% from the end of the previous year[8] - The company's total current assets as of September 30, 2021, amount to 1,387,311,233.62 RMB, a decrease from 1,499,090,574.76 RMB at the end of 2020[19] - The total non-current assets increased to 480,170,172.99 RMB from 425,874,685.42 RMB year-over-year[20] - Total liabilities decreased from ¥246,190,545.59 in the previous year to ¥228,004,508.16, a reduction of approximately 7.4%[21] - Total equity attributable to shareholders decreased from ¥1,671,032,855.39 to ¥1,631,815,490.15, a decline of about 2.3%[21] Cash Flow - The company reported a net cash flow from operating activities of -¥92,509,766.01 year-to-date[8] - Cash flow from operating activities for the first three quarters of 2021 was ¥77,891,746.41, an increase from ¥55,468,163.70 in 2020, reflecting a growth of approximately 40.5%[26] - The net cash flow from operating activities was -$92.51 million, compared to -$57.99 million in the previous period, indicating a decline in operational efficiency[27] - The company reported a total cash outflow of $205.64 million from operating activities, up from $151.74 million, indicating increased operational expenditures[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,470, with the top 10 shareholders holding a total of 38,000,000 shares, representing 47.50% of the total shares[14] - The largest shareholder, Zhongke University Asset Management Co., Ltd., holds 10,800,000 shares, accounting for 13.50% of the total shares[14] Government Support - The company received government subsidies amounting to ¥8,369,910.78 during the quarter, contributing to its financial performance[9] Strategic Developments - The company has not disclosed any significant new strategies or product developments in the current reporting period[19] - The increase in operating revenue was primarily driven by new income from quantum computing and satellite ground station products[12] - The company experienced a decrease in net profit due to increased share-based payment expenses related to the implementation of an equity incentive plan[12]