*ST民控(000416) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥7,542,455.19, a decrease of 54.72% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥1,353,787.77, down 86.26% year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥1,776,216.65, a decline of 128.87% compared to the previous year[5] - The total revenue for the first nine months of 2021 was ¥26,306,532.51, a decrease of 44.12% compared to the same period in 2020[11] - Net profit for Q3 2021 was CNY 7,607,117.51, a decline of 72.6% from CNY 27,824,157.11 in Q3 2020[26] - Basic earnings per share for Q3 2021 was CNY 0.0131, down 73.0% from CNY 0.0487 in the previous year[27] - Other comprehensive income after tax was CNY -386,418.24, compared to CNY -735,569.84 in the previous year[26] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥10,596,047.32, a decrease of 108.91% compared to the same period last year[5] - Cash received from sales of goods and services was CNY 7,363,179.33, an increase of 58.9% compared to CNY 4,639,024.61 in the same period last year[28] - The net cash flow from operating activities was -10,596,047.32 CNY, a significant decrease compared to 118,948,455.72 CNY in the previous period[29] - Total cash inflow from investment activities was 90,525,615.38 CNY, while cash outflow was 64,016,648.60 CNY, resulting in a net cash flow of 26,508,966.78 CNY[29] - Cash and cash equivalents at the end of the period amounted to 35,716,469.60 CNY, down from 66,736,169.32 CNY at the end of the previous period[30] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥941,551,208.46, a decrease of 3.27% from the end of the previous year[5] - The total current assets as of September 30, 2021, amount to CNY 794,005,164.55, down from CNY 836,284,527.43 at the end of 2020, indicating a decrease of about 5.1%[21] - The total liabilities decreased to CNY 24,708,415.10 from CNY 47,823,180.96, reflecting a reduction of 48.3%[23] - The total assets decreased to CNY 941,551,208.46 from CNY 973,401,419.87, a decline of 3.3%[22] - The total liabilities increased to 47,823,180.96 CNY, with a notable rise in non-current liabilities to 19,217,946.74 CNY[35] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,868[14] - China Minmetals Holdings Co., Ltd. holds 22.56% of the shares, totaling 119,981,428 shares, with 99.99997% of these shares pledged and frozen[16] - The company's major shareholder, China Minmetals, is facing judicial auction of its shares, which could impact the company's stock stability[17] Investments and Other Financial Metrics - The net cash flow from investment activities for the first nine months was ¥26,508,966.78, an increase of 130.18% compared to the previous year[12] - The company reported an increase in other receivables from CNY 2,501,827.33 to CNY 4,261,342.60, which is an increase of approximately 70.4%[21] - The company reported a significant decrease in accounts receivable by 29.21% to ¥8,319,592.24 compared to the end of 2020[10] - The company executed the "new leasing standard," resulting in an increase in right-of-use assets by ¥13,306,777.50[10] - The company reported an investment income of CNY 15,918,507.42, an increase of 20.9% from CNY 13,181,080.64 year-on-year[25] Operational Challenges - The company's cash and cash equivalents decreased from CNY 46,767,401.51 at the end of 2020 to CNY 35,716,469.60 by September 30, 2021, representing a decline of approximately 23.8%[20] - The cash flow from operating activities showed a significant negative shift, indicating potential operational challenges[29] - The company is adapting to new leasing standards, which has impacted the financial statements and asset valuations[31]