财信发展(000838) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥633,088,640.96, a decrease of 61.91% compared to the same period last year[3] - The net profit attributable to shareholders was -¥36,605,568.65, representing a decline of 223.99% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥35,060,862.84, down 280.61% from the previous year[3] - The basic and diluted earnings per share were both -¥0.0333, reflecting a decrease of 224.25% compared to the same period last year[3] - Total operating revenue for the third quarter was CNY 2,778,430,926.25, a decrease of 13.7% from CNY 3,221,492,364.17 in the same period last year[18] - Net profit for the period was CNY 36,205,773.90, a decline of 77% compared to CNY 157,228,767.87 in the previous year[19] - The company reported a loss attributable to the parent company of CNY 33,631,415.86, contrasting with a profit of CNY 53,771,136.79 in the same quarter last year[19] - The total comprehensive income for the period was CNY 36,205,773.90, significantly lower than CNY 157,228,767.87 in the previous year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,882,671,257.64, a decrease of 7.10% from the end of the previous year[4] - As of September 30, 2021, the company's total assets amounted to CNY 16.88 billion, a decrease from CNY 18.17 billion at the end of 2020, reflecting a decline of approximately 7.97%[15] - The total liabilities of the company as of September 30, 2021, were CNY 14.02 billion, down from CNY 15.26 billion, indicating a reduction of approximately 8.16%[17] - The total assets as of Q3 2021 amounted to CNY 18,205,445,923.03, reflecting an increase of CNY 31,860,478.00 compared to the previous year[27] - The total liabilities were reported at CNY 15,293,932,687.15, showing a slight increase of CNY 31,860,478.00 from the previous year[28] - The company's total current liabilities amounted to CNY 12.91 billion, slightly up from CNY 12.73 billion, indicating an increase of about 1.40%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,010,014,553.43, an increase of 456.91% compared to the same period last year[3] - Cash inflow from operating activities reached CNY 5,571,289,209.01, an increase of 22.3% from CNY 4,553,047,545.11 in the previous year[22] - Cash outflow from operating activities was CNY 3,561,274,655.58, a decrease of 15% compared to CNY 4,192,121,670.91 in the same period last year[22] - The net cash flow from operating activities for Q3 2021 was CNY 2,010,014,553.43, compared to CNY 360,925,874.20 in Q3 2020, indicating a significant increase[23] - The net cash flow from investing activities was negative at CNY -354,872,474.49, an improvement from CNY -925,866,517.37 in the previous year[23] - The net cash flow from financing activities was CNY -2,670,317,196.81, a substantial decline from CNY -110,663,227.52 in Q3 2020[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,742[10] - The company's cash and cash equivalents decreased to CNY 1.68 billion from CNY 3.06 billion, representing a decline of about 45.00%[15] - The company's short-term borrowings significantly decreased to CNY 126.59 million from CNY 696.70 million, a decline of approximately 81.83%[17] - The company's retained earnings decreased to CNY 512.66 million from CNY 569.39 million, a decline of about 9.95%[17] Regulatory Changes and Compliance - The company executed the new leasing standards starting in 2021, which resulted in adjustments to the financial statements[24] - The new leasing standards were first implemented in 2021, with retrospective adjustments made to prior comparative data[30] - The company is focused on enhancing its financial reporting and compliance with new regulations[30] - There is an emphasis on transparency in financial disclosures following the new accounting standards[30] - The board of directors is actively monitoring the impact of these changes on financial performance[30] - The company aims to improve operational efficiency in light of the new leasing guidelines[30] - Future financial reports will reflect the adjustments made under the new leasing standards[30] - The company is committed to maintaining high standards of corporate governance[30] - The management team is preparing for potential market fluctuations due to regulatory changes[30] - The company is exploring strategic initiatives to adapt to the new financial reporting landscape[30] Other Financial Metrics - The company's inventory decreased to CNY 11.78 billion from CNY 12.43 billion, a reduction of about 5.27%[16] - The company's accounts receivable increased to CNY 109.89 million from CNY 9.48 million, reflecting a growth of approximately 1,161.73%[16] - The company's non-current assets totaled CNY 718.68 million, an increase from CNY 463.68 million, representing a growth of approximately 55.00%[16] - The company's cash and cash equivalents at the end of Q3 2021 were CNY 1,154,290,325.45, down from CNY 1,437,063,681.37 in Q3 2020[23] - The company executed the new leasing standards starting in 2021, which resulted in adjustments to the financial statements[24] - The third quarter report has not been audited[29]