UCAP(SH:688228)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was ¥83,812,836.45, representing a year-over-year increase of 1.52%[2] - The net profit attributable to shareholders for Q3 2021 was ¥7,844,677.74, a decrease of 46.34% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥823,156.09, down 86.95% year-over-year[2] - The basic earnings per share for Q3 2021 was ¥0.12, a decline of 45.45% compared to the same period last year[2] - The net profit attributable to shareholders for the year-to-date period was ¥12,097,586.01, down 46.48% compared to the same period last year[8] - Total revenue for the first three quarters of 2021 reached ¥171,400,820.84, an increase of 4.3% compared to ¥164,355,584.53 in the same period of 2020[19] - Net profit for the first three quarters of 2021 was ¥13,721,697.20, a decrease of 39.2% from ¥22,605,764.68 in the same period of 2020[20] - The total comprehensive income for Q3 2021 was CNY 13,721,697.20, compared to CNY 22,605,764.68 in Q3 2020, reflecting a decrease of approximately 39.3%[21] - Basic and diluted earnings per share for Q3 2021 were CNY 0.18, down from CNY 0.37 in Q3 2020, representing a decline of 51.4%[21] Expenses and Costs - Research and development expenses totaled ¥15,804,171.56 for the quarter, accounting for 18.86% of revenue, an increase of 0.54 percentage points year-over-year[2] - Total operating costs for the first three quarters of 2021 were ¥175,295,883.93, up from ¥155,503,905.55 in 2020, reflecting a year-over-year increase of 12.7%[19] - Research and development expenses for the first three quarters were ¥43,209,534.41, compared to ¥38,174,256.52 in the same period last year, marking a 13.4% increase[19] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥1,414,024,598.79, reflecting a 7.77% increase from the end of the previous year[4] - The company's total assets amounted to ¥1,414,024,598.79, compared to ¥1,312,112,669.38 at the end of the previous period, indicating a growth of 7.8%[19] - Total liabilities increased to ¥183,997,163.55, up from ¥135,472,006.55, representing a rise of 36%[18] - The company's cash and cash equivalents decreased to ¥209,099,655.87 from ¥286,193,453.40, a decline of 27%[17] - The total equity attributable to shareholders decreased to ¥1,168,061,149.32 from ¥1,176,640,662.83, a decline of 0.7%[18] - Total liabilities reached approximately $145.23 million, with current liabilities at $140.63 million and non-current liabilities at $4.59 million[29] - The total current liabilities increased by approximately 4.44% compared to the previous period[29] Cash Flow - The net cash flow from operating activities was not applicable, primarily due to a significant decrease in sales collections compared to the previous year[8] - Cash inflows from operating activities for the first three quarters of 2021 totaled CNY 135,995,129.75, a decrease of 24.0% from CNY 179,075,877.72 in the same period of 2020[24] - The net cash flow from operating activities for Q3 2021 was CNY -88,122,557.54, worsening from CNY -31,599,319.01 in Q3 2020[24] - Cash inflows from investment activities in the first three quarters of 2021 were CNY 518,885,191.88, significantly higher than CNY 240,230,071.91 in the same period of 2020, marking an increase of 116.5%[24] - The net cash flow from investment activities for Q3 2021 was CNY -5,308,083.23, an improvement from CNY -865,846,479.55 in Q3 2020[24] - Cash inflows from financing activities for Q3 2021 were CNY 5,250,000.00, a sharp decline from CNY 921,190,577.61 in Q3 2020, indicating a decrease of 99.4%[25] - The net cash flow from financing activities for Q3 2021 was CNY -20,468,925.31, compared to CNY 872,030,260.01 in Q3 2020, reflecting a significant decline[25] - The ending cash and cash equivalents balance as of Q3 2021 was CNY 388,636,014.25, down from CNY 103,465,476.47 in Q3 2020[25] - The company reported a total cash outflow from operating activities of CNY 224,117,687.29 in Q3 2021, compared to CNY 210,675,196.73 in Q3 2020, indicating an increase of 6.5%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,149[10] - The largest shareholder, Wang Min, holds 27.64% of the shares, totaling 18,552,800 shares[10] - The company reported a significant increase in the number of shares held by the top ten shareholders, with the largest non-restricted shareholder holding 18.88%[11] - The total number of shares held by the top ten unrestricted shareholders is 50,000,000, representing a significant portion of the company's equity[11] Strategic Initiatives - The company has expanded its service offerings to include data-driven solutions for the energy, health, and public safety sectors[13] - The company is focusing on digital transformation in the energy sector as part of its strategic initiatives[12] - The company completed the business registration changes for Tianyi Shuju on August 30, 2021, indicating operational stability[13] Investment Activities - The company used 214.35 million RMB of raised funds and 20 million RMB of its own funds to acquire and increase investment in Beijing Tianyi Shuju Technology Co., holding 57.159% of its shares[13] Other Financial Metrics - The weighted average return on equity decreased by 1.68 percentage points to 1.03% year-to-date[2] - The company holds long-term equity investments valued at $23.36 million and fixed assets worth $39.42 million[28] - Shareholders' equity totaled approximately $1.18 billion, with retained earnings of $163.70 million and capital reserves of $921.09 million[29] - The total current assets include other current assets amounting to $286.19 million[28] - The total liabilities to equity ratio stands at approximately 0.12, reflecting a low leverage level[29]