Wondux(SH:688178)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥249,332,751.06, a decrease of 7.84% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥24,533,266.91, down 49.97% year-on-year[5]. - The basic earnings per share for the period was ¥0.29, reflecting a 50.00% decrease compared to the previous year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥707,731,617.86, a 35.3% increase from ¥522,876,967.03 in the same period of 2020[24]. - Net profit for the first three quarters of 2021 was ¥71,296,140.05, compared to ¥105,855,635.71 in the same period of 2020, indicating a decrease of 32.6%[26]. - Earnings per share for the first three quarters of 2021 was ¥0.84, down from ¥1.28 in the same period of 2020[26]. - The company reported a decrease in investment income to ¥4,921,614.39 for the first three quarters of 2021, down from ¥35,877,580.06 in the same period of 2020[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,039,391,135.48, representing a 14.63% increase from the end of the previous year[6]. - The total liabilities as of the end of the third quarter of 2021 amounted to ¥843,549,539.40, compared to ¥654,998,539.73 at the end of the previous year[22]. - The total current liabilities increased to RMB 805,623,636.71 from RMB 621,237,023.40, which is an increase of about 29.6%[21]. - The company's total equity attributable to shareholders of the parent company was ¥1,195,837,763.68, an increase from ¥1,124,110,456.03 in the previous year[22]. - The company's total non-current liabilities were ¥37,925,902.69, up from ¥33,761,516.33 in the previous year[22]. Cash Flow - The company reported a cash flow from operating activities net amount of -¥150,746,740.66 for the year-to-date[5]. - Cash generated from operating activities for the first three quarters of 2021 was ¥523,266,718.72, an increase from ¥330,790,639.71 in the same period of 2020[27]. - The net cash flow from operating activities was -150,746,740.66 RMB, compared to -97,396,400.66 RMB in the previous year, indicating a decline in operational performance[28]. - The total cash inflow from investment activities was 721,580,159.74 RMB, down from 1,740,877,580.06 RMB year-over-year[28]. - The net cash flow from financing activities was 77,235,116.58 RMB, a decrease from 419,475,390.86 RMB in the same quarter last year[29]. Operational Metrics - Research and development expenses totaled ¥8,942,515.33, accounting for 3.59% of operating revenue, an increase of 0.34 percentage points[6]. - The company experienced a significant decline in gross profit margin, impacting overall profitability[9]. - The company reported a significant increase in contract assets, totaling RMB 644,684,242.09, compared to RMB 565,706,134.53 in the previous year, reflecting a growth of approximately 13.9%[20]. - The company's inventory rose to RMB 92,231,886.12, up from RMB 50,804,159.08, indicating an increase of around 81.7%[20]. - Accounts receivable increased significantly to RMB 448,226,184.02 from RMB 286,262,624.99, marking a rise of approximately 56.6%[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,746[12]. - The company received approval from the Shanghai Stock Exchange on September 2, 2021, to resume the review of its application for issuing shares and convertible bonds for asset acquisition[14]. - The company is actively engaged in the process of issuing shares and convertible bonds, with multiple rounds of inquiry from the Shanghai Stock Exchange regarding its application documents[15][16]. Accounting Standards - The company adopted the new leasing standards effective January 1, 2021, impacting the accounting treatment of leases[34]. - The cumulative effect of the new leasing standards adjusted the beginning retained earnings for the year 2021[35]. - The company has not made retrospective adjustments to prior financial statements due to the new leasing standards[35]. - The company continues to monitor the impact of the new accounting standards on its financial reporting and compliance[34].