JJIT(SH:900929)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥85,814,238.82, representing a 66.90% increase compared to the same period last year[4]. - The net profit attributable to shareholders was -¥8,758,478.78, with a year-to-date decrease of 62.18% to ¥4,887,805.47[4]. - The net profit for Q3 2021 was CNY 2,513,225.99, a decrease of 76.3% compared to CNY 10,623,649.79 in Q3 2020[36]. - The total profit for Q3 2021 was CNY 4,056,155.78, down 65.7% from CNY 11,824,062.63 in the same period last year[36]. - The operating profit for Q3 2021 was CNY 4,114,100.70, a decline of 37.7% from CNY 6,604,505.04 in Q3 2020[36]. - The basic earnings per share for Q3 2021 was CNY 0.0369, compared to CNY 0.0975 in Q3 2020[38]. - The company reported a net profit margin decline due to increased operating costs, impacting overall profitability[34]. Revenue and Income - The company's main business revenue for the first nine months of 2021 was ¥196,935,517.67, up 12.30% year-on-year[8]. - Total revenue for the first three quarters of 2021 reached ¥226,062,031.85, an increase of 12.96% compared to ¥200,121,976.94 in the same period of 2020[35]. - Domestic tourism revenue surged by 313.26% year-on-year, reaching ¥58,666,064.09, while outbound tourism revenue plummeted by 98.92%[8]. - Other income increased by 41.21% year-on-year, reaching 3,817,856.65 CNY in Q3 2021, up from 2,703,584.27 CNY in Q3 2020, mainly due to increased government subsidies related to core business[19]. - Investment income from associates and joint ventures rose to 404,930.56 CNY in Q3 2021, compared to a loss of -240,148.07 CNY in Q3 2020, reflecting an increase of 645,078.63 CNY due to improved operating profits from associates[19]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥25,235,407.25, indicating significant cash outflow[4]. - Net cash flow from operating activities improved to -25,235,407.25 CNY in the current period, an increase of 11,406,193.62 CNY compared to -36,641,600.87 CNY in the same period last year, driven by higher cash receipts from sales of goods and services[20]. - Cash inflow from operating activities for the first nine months of 2021 was CNY 256,623,310.21, an increase of 11.8% from CNY 229,560,981.22 in the same period of 2020[40]. - The net cash flow from operating activities for the first nine months of 2021 was CNY -25,235,407.25, an improvement from CNY -36,641,600.87 in the same period of 2020[40]. - The net cash flow from investing activities increased by 5.70%, reaching 34,599,955.05 CNY in Q3 2021, up from 32,732,940.30 CNY in Q3 2020, primarily due to increased cash receipts from investment income[20]. - The net cash flow from financing activities improved significantly to -1,004,647.50 CNY in Q3 2021, compared to -15,972,000.00 CNY in the same period last year, mainly due to reduced cash payments for dividends[20]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥1,025,604,153.16, a slight decrease of 0.19% from the end of the previous year[5]. - Current assets as of September 30, 2021, totaled ¥275,822,167.11, compared to ¥267,922,254.31 at the end of 2020, indicating a growth of 2.67%[31]. - Non-current assets decreased to ¥749,781,986.05 from ¥759,594,003.59, a decline of 1.07%[32]. - Total liabilities increased to ¥280,010,394.28 from ¥278,031,591.49, marking a rise of 0.71%[33]. - The company's equity attributable to shareholders decreased by 0.20% to ¥746,955,388.82[5]. - The minority shareholders' equity turned negative at -¥1,361,629.94, primarily due to losses from subsidiaries[16]. - Shareholders' equity totaled ¥745,593,758.88, down from ¥749,484,666.41, reflecting a decrease of 0.51%[33]. Comprehensive Income - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 233,414.71, compared to CNY -70,157,759.36 in Q3 2020[37]. - Other comprehensive income (after tax) for Q3 2021 was -4,654,390.76 CNY, a significant improvement of 78,426,301.30 CNY compared to -83,080,692.06 CNY in Q3 2020, attributed to a smaller decline in the fair value of other equity instruments[19]. Financial Position - The total number of ordinary shareholders at the end of the reporting period was 12,132[27]. - The company reported a tax expense of CNY 1,542,929.79 for Q3 2021, an increase from CNY 1,200,412.84 in Q3 2020[36]. - Total assets amounted to approximately $1,027.52 million, with current assets at $267.92 million and non-current assets at $759.59 million[45]. - Total liabilities reached $278.03 million, with current liabilities at $200.72 million and non-current liabilities at $77.31 million[45]. - Shareholders' equity totaled approximately $749.48 million, with retained earnings of $299.40 million[46].