JYC(SZ:000546)2021-10-24 16:00Financial Performance - Revenue for Q3 2021 was CNY 2,577,659,331.18, a decrease of 6.42% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 147,354,803.07, down 31.12% year-on-year[4] - Net profit excluding non-recurring gains and losses was CNY 98,797,131.09, a decline of 49.01% compared to the previous year[4] - Total operating revenue for Q3 2021 reached ¥7,192,661,181.89, an increase of 19.7% compared to ¥6,005,722,889.90 in Q3 2020[16] - Net profit for Q3 2021 was ¥364,076,103.77, a decrease of 12.7% from ¥417,096,502.72 in Q3 2020[17] - The total comprehensive income attributable to the parent company was CNY 347.36 million, down from CNY 408.34 million in the previous quarter, reflecting a decrease of approximately 14.9%[18] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 293,002,748.64, down 38.67% year-on-year[4] - The net cash flow from operating activities was CNY 293.00 million, down from CNY 477.72 million in the previous period, indicating a decline of approximately 38.6%[20] - Cash and cash equivalents at the end of the period totaled CNY 253.25 million, a decrease from CNY 337.23 million at the end of the previous period, reflecting a decline of approximately 25.0%[21] - The cash inflow from operating activities totaled CNY 7.74 billion, compared to CNY 6.53 billion in the previous period, showing an increase of about 18.4%[19] - The cash outflow from investing activities was CNY 315.37 million, down from CNY 754.34 million in the previous period, indicating a decrease of approximately 58.1%[21] - The net cash flow from financing activities was negative CNY 138.01 million, compared to a positive CNY 195.79 million in the previous period, reflecting a significant change in financing dynamics[21] Assets and Liabilities - Total assets at the end of the period were CNY 9,941,095,161.99, an increase of 1.38% from the end of the previous year[4] - Current liabilities rose to ¥3,958,435,863.11, up from ¥3,688,763,750.67 in the previous quarter[16] - Non-current liabilities decreased to ¥476,597,733.49 from ¥823,360,349.20 in the previous quarter[16] - The company reported a total current asset of 4,665,145,291.85 RMB, up from 4,345,154,567.67 RMB, marking an increase of approximately 7.4%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,692, with the largest shareholder, Jinyuan Holdings Group Co., Ltd., holding 32.45% of shares, equating to 231,907,628 shares[8] - The total number of shares held by the top ten shareholders includes significant stakes from various entities, with the top three shareholders collectively holding over 72% of the shares[8] - The company has engaged in share pledges, with Jinyuan Holdings pledging 140,435,000 shares, indicating potential liquidity strategies[8] Research and Development - R&D expenses increased to CNY 242,165,931.53, representing a 227.97% increase due to higher investment in research[7] - Research and development expenses surged to ¥242,165,931.53, significantly higher than ¥73,837,045.59 in the same period last year[17] Tax and Refunds - The company received tax refunds amounting to CNY 166,738,764.78, a 63.05% increase compared to the previous year[7] - The company reported a tax refund of CNY 166.74 million, compared to CNY 102.26 million in the previous period, indicating an increase of about 63.1%[20] Inventory and Receivables - Accounts receivable decreased to 1,071,357,957.64 RMB from 1,090,040,773.80 RMB, indicating a reduction of about 1.7% year-over-year[12] - Inventory increased to 1,974,305,529.20 RMB from 1,783,677,155.81 RMB, representing a growth of approximately 10.7%[12] Strategic Initiatives - The company has signed multiple cooperation framework agreements for investment projects, indicating ongoing strategic expansion efforts[11] - The company is actively pursuing new partnerships and agreements to enhance its market position and operational capabilities[11]