学大教育(000526) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥570,188,246.95, representing a decrease of 10.77% compared to the same period last year[3] - The net profit attributable to shareholders was a loss of ¥66,006,119.15, a decline of 390.92% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥-69,217,672.45, down 65.35% from the previous year[3] - The basic and diluted earnings per share were both ¥-0.5605, a decrease of 300.93% compared to the same period last year[3] - The weighted average return on equity was -6.35%, a decline of 9.08% year-over-year[3] - The company reported a significant increase in credit impairment losses by 1372.50% to -¥11,542,775.33 due to provisions for bad debts[8] - Net profit for the current period was ¥42,328,834.97, representing a significant increase of 42.14% from ¥29,751,703.81 in the previous period[20] - Basic and diluted earnings per share improved to ¥0.3802, compared to ¥0.3162 in the prior period, marking a growth of 20.25%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,463,908,182.26, an increase of 26.99% compared to the end of the previous year[3] - The equity attributable to shareholders increased by 616.98% to ¥1,007,001,144.28 compared to the end of the previous year[3] - Total assets as of September 30, 2021, amounted to CNY 4.464 billion, reflecting a growth of 26.99% from the end of the previous year[12] - Net assets attributable to shareholders increased to CNY 1.007 billion, a remarkable growth of 616.98% compared to the end of last year[12] - The company's current liabilities totaled CNY 2.927 billion, down from CNY 3.372 billion at the end of the previous year[17] - Non-current liabilities increased to CNY 540.85 million, compared to CNY 10.72 million at the end of the previous year[17] - The total liabilities rose from CNY 3,383,100,287.22 to CNY 4,082,267,928.12, indicating an increase in financial obligations[28] Cash Flow - The company reported a net cash flow from operating activities of ¥164,723,084.58, which decreased by 47.99% year-to-date[3] - Net cash flow from operating activities decreased by 47.99% to ¥164,723,084.58 due to increased tax liabilities[8] - Net cash flow from investing activities decreased by 275.22% to -¥256,364,952.66 primarily due to reduced differences in financial product purchases and redemptions[8] - Net cash flow from financing activities increased by 152.51% to ¥90,651,546.64 due to increased cash received from non-public stock issuance[8] - Cash flow from operating activities generated a net amount of ¥164,723,084.58, down from ¥316,703,810.43, indicating a decrease of 48.00%[22] - Cash flow from investing activities resulted in a net outflow of ¥256,364,952.66, contrasting with a net inflow of ¥146,307,368.84 in the previous period[23] - Cash flow from financing activities yielded a net inflow of ¥90,651,546.64, compared to a net outflow of ¥172,635,414.07 in the prior period[23] Other Financial Metrics - The company experienced a significant increase in trading financial assets, rising by 14,780.99% to ¥180,060,000.00 due to an increase in wealth management products[7] - Capital reserve increased by 1378.95% to ¥859,033,567.21 due to the receipt of capital premium from non-public stock issuance[8] - Other comprehensive income decreased by 808.11% to -¥651,624.24 primarily due to foreign currency translation differences[8] - Other income decreased by 58.33% to ¥29,162,244.37 as a result of changes in VAT exemption policies[8] - Investment income decreased by 68.67% to ¥4,225,987.40 mainly due to reduced returns from financial products[8] - The total profit for the current period was ¥81,890,641.85, an increase from ¥67,062,933.39 in the previous period, reflecting a growth of 22.64%[20] - Other comprehensive income after tax for the current period was -¥743,647.88, compared to ¥792,892.49 in the previous period, indicating a negative shift[20] Strategic Initiatives - The company is adjusting its business strategy in response to the "double reduction" policy affecting subject-based education products, focusing on vocational and quality education sectors[13] - In October 2021, the company established a joint venture with Beijing Wuling Technology Co., Ltd. to explore the "AI + education" sector[13] - The company plans to optimize and adjust its investment strategies in K12 and related educational sectors in light of new regulations[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,204[10] - The largest shareholder, Tibet Ziguang Zhuoyuan Equity Investment Co., Ltd., holds 12.74% of shares[10]