SHBM(SH:900939)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 was CNY 4,599,624.93, a decrease of 3.98% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 2,709,365.89, down 34.70% year-over-year[3]. - Basic earnings per share (EPS) for the current period was CNY 0.0149, reflecting a decline of 34.70% compared to the previous year[3]. - The net profit for the year-to-date period was CNY 7,755,106.75, a decrease of 40.95% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2021 was CNY 13,881,255.74, a decrease of 2.8% compared to CNY 14,281,255.74 in the same period of 2020[15]. - Net profit for the third quarter of 2021 was CNY 7,713,117.61, down 41.1% from CNY 13,162,873.36 in the same quarter of 2020[16]. - Total profit for the third quarter of 2021 was CNY 10,832,647.26, down from CNY 17,646,004.32 in the same quarter of 2020[16]. - Earnings per share for the third quarter of 2021 were CNY 0.0427, a decrease from CNY 0.0724 in the same quarter of 2020[17]. Assets and Liabilities - Total assets increased to CNY 130,290,948.43, representing a growth of 6.22% from the end of the previous year[4]. - Total assets as of September 30, 2021, amount to CNY 130,290,948.43, an increase from CNY 122,666,206.82 at the end of 2020[12]. - Total liabilities as of September 30, 2021, are CNY 21,633,772.94, slightly decreased from CNY 21,713,826.35 at the end of 2020[13]. - The company's total equity as of September 30, 2021, is CNY 108,657,175.49, up from CNY 100,952,380.47 at the end of 2020[13]. - The company's long-term equity investments are valued at CNY 20,565,657.66 as of September 30, 2021[12]. - The company's total current liabilities amount to CNY 20,303,050.38 as of September 30, 2021[12]. Cash Flow - The company reported a cash flow from operating activities of CNY 7,884,358.70, down 7.88% year-to-date[3]. - Cash flow from operating activities for the first three quarters of 2021 was CNY 7,884,358.70, down from CNY 8,558,492.97 in the same period of 2020[19]. - Cash inflow from investment activities for the first three quarters of 2021 was CNY 30,242,666.67, compared to CNY 79,974,646.39 in the same period of 2020[19]. - The company reported a net cash outflow from investment activities of CNY 30,006,282.30 in the first three quarters of 2021, compared to CNY 61,005,465.00 in the same period of 2020[19]. - The cash flow from financing activities showed a net cash outflow, indicating potential debt repayments and dividend distributions[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,857[8]. - Shanghai Huili Group Co., Ltd. holds 28.64% of shares, making it the largest shareholder[8]. Financial Adjustments and Standards - The decline in net profit was primarily attributed to reduced financial income from bank wealth management products that had not matured[6]. - The company executed the new leasing standards starting January 1, 2021, impacting the financial statements with adjustments in right-of-use assets and lease liabilities[24]. - Non-recurring gains and losses amounted to CNY 214,775.73 for the current period[6]. - Non-current assets totaled ¥37,472,183.02, reflecting an adjustment of ¥343,457.08 due to the new leasing standards implemented in 2021[22]. Financial Ratios - The weighted average return on equity decreased to 2.61%, down 1.93 percentage points year-over-year[3]. - The company reported a significant increase in financial expenses, with a net financial expense of CNY -1,211,791.76 in the third quarter of 2021, compared to CNY -703,726.06 in the same quarter of 2020[16].