西安饮食(000721) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 110,908,545.75, a decrease of 15.98% year-on-year[8] - Net profit attributable to shareholders of the listed company was a loss of CNY 12,246,082.96, a decline of 71.38% compared to the same period last year[8] - Basic earnings per share were CNY -0.0245, down 71.33% from the previous year[8] - The net profit attributable to the parent company decreased by CNY 58.55 million, a decline of 247.23%, primarily due to increased losses from the pandemic[20] - The net loss for Q3 2020 was CNY 12,465,913.26, compared to a net loss of CNY 7,246,929.74 in Q3 2019, representing an increase in loss of 72.5%[48] - The company reported a net loss of CNY 74,148,209.28 for the period, compared to a profit of CNY 8,077,729.10 in the previous year[40] - The company reported a significant increase in sales expenses to CNY 46,162,764.77, up 5.8% from CNY 43,637,262.32 year-over-year[46] - The company reported a total operating cash inflow of $128,071,294.48, down from $265,779,310.10 in the previous period[66] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,060,956,147.08, a decrease of 3.86% compared to the end of the previous year[8] - Total liabilities increased to CNY 522,108,707.10 from CNY 483,190,137.69, reflecting an increase of about 8.1%[40] - Current assets totaled CNY 258,625,229.06, down from CNY 296,872,468.33, indicating a decrease of about 12.9%[35] - Total liabilities increased to CNY 473,602,060.81 from CNY 458,396,119.62, reflecting a rise of 3.5%[46] - The company's total liabilities remained stable at $483,190,137.69, consistent with the previous period[73] Cash Flow - The net cash flow from operating activities was a negative CNY 19,784,725.92, a decrease of 248.96% year-on-year[8] - The net cash flow from operating activities decreased by CNY 23.11 million, a reduction of 137.24%, due to decreased cash receipts from sales of goods and services[20] - The cash flow from operating activities showed a net outflow of ¥39,956,226.03, worsening from a net outflow of ¥16,841,764.52 in the same period last year[61] - The cash and cash equivalents at the end of the period were ¥161,069,124.33, down from ¥225,430,388.56 at the end of the same period last year[63] Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 533,248,920.62, down 13.36% from the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 67,102[11] - The largest shareholder, Xi'an Tourism Group, held 21.04% of the shares, totaling 105,000,000 shares[11] - The company's equity attributable to shareholders decreased to CNY 533,248,920.62 from CNY 615,474,859.00, a decline of about 13.3%[40] Government Support and Other Income - The company received government subsidies amounting to CNY 9,763,087.79 during the reporting period[8] - Other income increased by CNY 8.31 million, a growth of 572.65%, mainly due to increased government subsidies related to operating activities[20] - Other income for Q3 2020 was CNY 5,044,032.50, a substantial increase from CNY 896,770.05 in the previous year[46] Borrowings and Financial Expenses - Short-term borrowings rose by CNY 59.87 million, an increase of 54.36%, primarily due to increased bank short-term loans[20] - Financial expenses increased by CNY 1.63 million, a rise of 59.74%, due to increased loan interest expenses and decreased interest income from deposits[20] - The company’s long-term borrowings rose to CNY 53,683,766.50 from CNY 47,879,098.60, marking an increase of 12.5%[46] Operational Developments - The company is progressing with the non-public issuance of A-shares, having received approval from the Xi'an Qujiang New District Management Committee[22] - The company is actively working on the reconstruction project of the Xi'an Restaurant East Dajie, with several preliminary steps completed and ongoing bidding processes for the general contractor[28] Accounting and Reporting Changes - The company has adjusted its accounting policies in accordance with the new revenue standards effective from January 1, 2020, which is not expected to significantly impact financial results[82] - The report for the third quarter of 2020 was not audited[83]