JDL(SH:688057)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥212,602,989.83, a decrease of 19.41% compared to the same period last year[5] - The net profit attributable to shareholders was ¥92,705,607.65, down 12.11% year-on-year[5] - The basic earnings per share for the period was ¥0.3359, reflecting a decline of 33.39% compared to the previous year[6] - Total operating revenue for the first three quarters of 2021 was CNY 728,533,594, a decrease of 6.06% compared to CNY 775,602,189.30 in the same period of 2020[18] - Net profit for the third quarter of 2021 was CNY 304,694,087.46, slightly down from CNY 306,699,948.84 in the same quarter of 2020, representing a decrease of 0.65%[20] - Earnings per share for the third quarter of 2021 were CNY 1.0893, compared to CNY 1.4852 in the same quarter of 2020, reflecting a decline of 26.6%[21] - The total comprehensive income for the third quarter of 2021 was CNY 305,162,537.38, slightly down from CNY 305,991,636.76 in the same quarter of 2020[21] Research and Development - Research and development expenses totaled ¥12,433,143.86, an increase of 127.40% year-on-year, representing 5.85% of operating revenue[6] - Research and development expenses for the first three quarters of 2021 were CNY 38,645,497.02, up from CNY 32,440,305.54 in the same period of 2020, indicating a growth of 19.5%[18] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥13,366,791.67, down 92.92% compared to the same period last year[5] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 472.81 million, a decrease of 23.2% compared to CNY 616.32 million in the same period of 2020[24] - Net cash flow from operating activities in Q3 2021 was CNY 13.37 million, down 92.9% from CNY 188.83 million in Q3 2020[25] - Total cash outflow from investing activities in Q3 2021 was CNY 1.31 billion, significantly higher than CNY 391.56 million in Q3 2020, resulting in a net cash flow of -CNY 15.73 million[26] - Cash outflow from financing activities in Q3 2021 was CNY 318.36 million, compared to CNY 258.48 million in Q3 2020, leading to a net cash flow of -CNY 285.68 million[26] - The ending cash and cash equivalents balance as of Q3 2021 was CNY 592.19 million, a decrease from CNY 879.77 million at the beginning of the period[26] - Cash received from other investment activities in Q3 2021 was CNY 1.29 billion, a substantial increase from CNY 300 million in Q3 2020[25] - Cash paid for purchasing goods and services in Q3 2021 was CNY 237.22 million, an increase of 23% compared to CNY 192.95 million in Q3 2020[25] - Cash received from tax refunds in the first three quarters of 2021 was CNY 5.47 million, down 51.7% from CNY 11.32 million in the same period of 2020[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,569,917,789.87, a decrease of 1.58% from the end of the previous year[6] - The company's current assets totaled ¥3,160,247,181.04, slightly down from ¥3,222,349,673.59 in the previous year[13] - Accounts receivable increased to ¥865,297,988.13 from ¥632,419,463.08 year-over-year, reflecting a growth of approximately 37%[13] - Inventory decreased to ¥93,747,004.47 from ¥149,441,537.56, indicating a reduction of about 37%[13] - The company's non-current assets totaled ¥409,670,608.83, a slight increase from ¥404,955,327.64 in the previous year[15] - The total liabilities included accounts payable of ¥189,148,389.64, which remained relatively stable compared to ¥190,226,399.72 in the previous year[15] - The company reported a significant decrease in short-term borrowings, with accounts payable dropping to ¥64,947,822.50 from ¥123,328,082.97[15] - The cash and cash equivalents stood at ¥2,034,549,656.70, down from ¥2,323,661,761.22 at the end of 2020[13] - Total liabilities decreased to CNY 427,071,656.73 in Q3 2021 from CNY 514,659,151.47 in Q3 2020, a reduction of 16.98%[18] - Total equity increased to CNY 3,142,846,133.14 in Q3 2021 from CNY 3,112,645,849.76 in Q3 2020, an increase of 0.96%[18] - The company’s long-term borrowings decreased to CNY 19,000,000.00 in Q3 2021 from CNY 20,200,000.00 in Q3 2020, a decrease of 5.94%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,619[11] - The largest shareholder, Liao Zhimin, holds 45.93% of the shares, totaling 126,760,500 shares[11] Accounting Standards and Adjustments - The company implemented the "Accounting Standards for Enterprises No. 21 - Leases" effective January 1, 2021, adjusting retained earnings and related financial statement items accordingly[29]