KAMA(SH:900953)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥901,953,110.45, a decrease of 1.61% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2021 reached ¥3,236,581,924.70, an increase of 7.43% compared to ¥3,013,677,560.28 in the same period of 2020[18]. - Total operating costs for the first three quarters of 2021 were ¥3,378,792,015.60, up from ¥3,111,507,914.91 in 2020, reflecting a year-over-year increase of 8.59%[18]. - The net loss for the first three quarters of 2021 was ¥91,332,818.31, compared to a net loss of ¥51,401,638.99 in the same period of 2020, indicating a worsening of 77.5%[19]. - The net profit attributable to shareholders was a loss of ¥43,858,460.72, with a year-to-date loss of ¥77,216,420.13[4]. - The company reported a total comprehensive loss attributable to shareholders of the parent company of ¥77,216,420.13 for the first three quarters of 2021, compared to a loss of ¥42,823,614.59 in the same period of 2020[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,074,723,007.06, an increase of 2.53% from the end of the previous year[5]. - Total assets reached ¥5,074,723,007.06, up from ¥4,949,615,546.75, which is an increase of about 2.5%[15]. - As of September 30, 2021, total current assets amounted to ¥2,961,096,353.82, an increase from ¥2,760,124,884.44 in December 2020, reflecting a growth of approximately 7.3%[14]. - The company's total liabilities as of the end of the third quarter of 2021 amounted to ¥4,086,799,752.24, an increase from ¥3,848,708,553.86 at the end of 2020[16]. - Total liabilities amounted to 3,848,708,553.86, with current liabilities at 3,226,639,566.83, reflecting an increase of 164,554,001.10 compared to the previous period[26]. - Non-current liabilities decreased to 622,068,987.03, down by 164,554,001.10 from the previous period[26]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥188,302,709.43, representing a significant decrease of 290.38% year-on-year[4]. - Cash received from sales of goods and services in the first three quarters of 2021 was ¥2,258,880,030.78, down from ¥2,858,192,585.40 in the same period of 2020, representing a decline of 21%[20]. - The net cash flow from operating activities was -188,302,709.43 RMB, a decrease compared to 98,907,152.49 RMB in the previous year[21]. - Total cash inflow from operating activities was 2,371,393,630.03 RMB, while cash outflow was 2,559,696,339.46 RMB, resulting in a net cash outflow[21]. - The ending balance of cash and cash equivalents was 132,698,249.96 RMB, down from 178,692,315.09 RMB year-over-year[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,376[9]. - The largest shareholder, China Hengtian Group Co., Ltd., holds 29.83% of the shares[9]. - The total equity attributable to shareholders of the parent company decreased to ¥708,919,730.22 from ¥786,360,141.65 in the previous year[16]. - Total equity reached 1,100,906,992.89, with attributable equity to shareholders at 786,360,141.65[26]. Legal and Restructuring Issues - The company is currently involved in legal disputes regarding unpaid amounts totaling ¥57,047,200 and ¥46,482,600 related to vehicle sales and performance guarantees[11][12]. - The company has initiated litigation against Beijing Kema New Energy Company for outstanding payments of ¥45,839,900, with a court ruling in favor of the company[13]. - The company is in the process of restructuring its financial obligations and has reported a claim amount of ¥84,464,000 against Zhongke Construction Company due to bankruptcy proceedings[13]. Research and Development - The company reported a 460.40% increase in development expenditures, primarily due to increased investment in new product research and development for cargo vehicles[6]. - Research and development expenses for the first three quarters of 2021 were ¥25,912,466.59, compared to ¥27,981,782.77 in the same period of 2020, showing a decrease of 7.4%[18].