LANJIAN(SH:688557)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥68,732,161.20, a decrease of 61.88% compared to the same period last year[5] - The net profit attributable to shareholders was -¥10,607,257.94, down 126.03% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥25,300,546.48, a decline of 164.15% compared to the previous year[5] - Total operating revenue for the first three quarters of 2021 was CNY 254,657,253.85, a decrease of 21.8% compared to CNY 325,712,118.68 in the same period of 2020[22] - Net profit for the third quarter of 2021 was CNY 6,050,773.48, a significant decline of 91.5% compared to CNY 70,901,697.46 in the same quarter of 2020[24] - The company reported a total profit of CNY 1,894,536.67 for the third quarter, a decrease of 97.7% compared to CNY 80,889,784.40 in the same quarter of 2020[24] Research and Development - The total R&D investment for the period was ¥14,403,096.28, an increase of 46.89% year-on-year, representing 20.96% of operating revenue[6] - The company continues to invest in new product and technology development, with R&D expenses showing substantial growth during the reporting period[11] - Research and development expenses for the third quarter were CNY 40,285,772.48, up 45.4% from CNY 27,721,749.56 in the same quarter of 2020[23] Assets and Liabilities - The total assets at the end of the period were ¥1,264,762,963.95, reflecting a growth of 17.07% compared to the end of the previous year[6] - Current assets totaled RMB 1,039,534,724.65, up from RMB 910,651,585.18 at the end of 2020, indicating an increase of about 14%[18] - Total current liabilities increased to RMB 393,730,611.09 from RMB 176,009,547.18, reflecting a rise of approximately 124%[19] - The total liabilities amounted to CNY 410,956,859.29, compared to CNY 207,186,537.28 in the previous year, indicating a significant increase[20] - The total equity attributable to shareholders was CNY 853,806,104.66, slightly down from CNY 873,189,831.18 in the previous year[20] Cash Flow - The cash flow from operating activities for the year-to-date was -¥12,151,399.57, indicating challenges in cash generation[6] - Cash inflow from operating activities for the first three quarters was CNY 462,936,145.47, an increase of 83.2% compared to CNY 252,662,091.75 in the previous year[26] - The net cash flow from operating activities was -12,151,399.57 RMB, an improvement from -36,324,577.08 RMB in the previous year[27] - The net cash flow from investment activities was -313,046,132.60 RMB, worsening from -58,780,816.34 RMB year-over-year[27] Market Expansion - The company has expanded into new industries such as renewable energy and agriculture, while deepening its presence in 18 key sectors including semiconductors and fast-moving consumer goods[10] - The company reported a significant increase in sales expenses due to the expansion efforts in new markets[10] Other Financial Metrics - The basic earnings per share for the period was -¥0.15, a decrease of 119.54% year-on-year[6] - Cash and cash equivalents decreased to RMB 100,738,191.71 from RMB 432,666,626.42, representing a decline of approximately 77%[18] - Total cash inflow from investment activities reached 2,968,123,103.58 RMB, compared to 809,605,287.68 RMB in the same period last year[27] - The cash outflow from financing activities was 38,607,956.57 RMB, compared to 7,253,873.92 RMB in the previous year[27] - The company has adopted new leasing standards starting from 2021, impacting the financial statements[28]