福昕软件(688095) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥137,064,710.09, representing an increase of 18.43% year-over-year[2]. - The net profit attributable to shareholders for Q3 2021 was -¥6,207,623.89, a decrease of 120.19% compared to the same period last year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was -¥23,163,868.12, a decline of 198.08% year-over-year[2]. - The basic earnings per share for Q3 2021 was -¥0.1289, a decrease of 115.14% year-over-year[3]. - The weighted average return on equity for Q3 2021 was -0.20%, a decrease of 7.82 percentage points compared to the same period last year[3]. - The net profit for Q3 2021 was CNY 40,087,123.67, a decrease from CNY 93,468,440.17 in Q3 2020, representing a decline of approximately 57.1%[24]. - The total comprehensive income for Q3 2021 was CNY 37,909,229.81, down from CNY 92,393,129.25 in Q3 2020, indicating a decrease of about 59.0%[25]. - The basic earnings per share for Q3 2021 was CNY 0.84, compared to CNY 2.56 in Q3 2020, reflecting a decline of approximately 67.2%[25]. Research and Development - The total R&D investment for Q3 2021 was ¥39,661,316.74, an increase of 93.69% compared to the same period last year, accounting for 28.94% of operating revenue[3]. - R&D investment increased by 93.69% in the current reporting period, attributed to growth in the number of R&D personnel and higher compensation levels[8]. - Year-to-date R&D investment increased by 102.09%, consistent with the reasons for the current period increase[8]. - Research and development expenses for the first three quarters of 2021 were ¥105,150,289.25, which is a 102% increase from ¥52,031,694.57 in the previous year[23]. - The company is focusing on expanding its market presence and investing in new technologies, as indicated by the significant increase in R&D expenses[23]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥13,900,359.41, a decrease of 84.10% compared to the same period last year[2]. - Cash flow from operating activities decreased by 84.10%, primarily due to increased investments in personnel, marketing, and advertising, leading to higher cash outflows[8]. - Cash flow from operating activities for the first nine months of 2021 was CNY 13,900,359.41, down from CNY 87,441,996.85 in the same period of 2020, a decrease of about 84.1%[27]. - Cash flow from investing activities generated a net inflow of CNY 50,640,952.69 in the first nine months of 2021, compared to a net outflow of CNY 1,697,431,122.69 in the same period of 2020[27]. - The company’s investment activities included cash inflows of CNY 5,850,800,227.70 in the first nine months of 2021, significantly higher than CNY 115,921,370.07 in the same period of 2020[27]. Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 6,730[10]. - The largest shareholder, Xiong Yuqian, holds 18,492,983 shares, representing 38.42% of total shares[10]. - The company repurchased 350,196 shares, accounting for 0.73% of total share capital, with a total expenditure of RMB 59.9862 million[14]. - The share repurchase plan aims to enhance employee motivation and align shareholder interests with company and employee benefits[13]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥3,254,647,104.32, an increase of 2.61% from the end of the previous year[3]. - The total assets as of September 30, 2021, were ¥3,254,647,104.32, compared to ¥3,171,887,868.43 at the end of 2020, reflecting a growth in total assets[20]. - The total liabilities as of September 30, 2021, were ¥295,877,983.92, an increase from ¥167,851,835.97 in the previous year[20]. - The company's equity attributable to shareholders was ¥2,954,840,561.85 as of September 30, 2021, compared to ¥3,000,779,488.76 at the end of 2020[20]. - The company's cash and cash equivalents were ¥1,059,129,335.89 as of September 30, 2021, slightly down from ¥1,098,333,013.90 at the end of 2020[19]. - The company has seen an increase in accounts receivable, which stood at ¥59,702,151.90 as of September 30, 2021, compared to ¥59,113,738.47 at the end of 2020[19]. Acquisitions - The company’s wholly-owned subsidiary, DocuSavvy Technologies Limited, acquired 100% of AccountSight for a total consideration of up to USD 28 million[14]. - As of September 30, 2021, DocuSavvy paid USD 12.53 million as part of the acquisition, including USD 1.4 million as a compliance deposit[15].