Financial Performance - The company's operating revenue for Q3 2021 was ¥450,708,239, representing a 34.77% increase compared to the same period last year[3]. - The net profit attributable to shareholders was ¥7,823,934.30, a decrease of 36.64% year-on-year[3]. - The basic earnings per share decreased by 48.48% to ¥0.017 compared to the same period last year[3]. - The operating revenue for the first nine months of 2021 reached ¥1,433,164,640.16, an 88.16% increase compared to the same period in 2020[10]. - Total operating income for the first nine months of 2021 was 82,233,593.20 yuan, a decrease of 74.79% compared to the same period in 2020[12]. - The company's net profit for Q3 2021 was not explicitly stated, but the increase in revenue and costs indicates a potential improvement in profitability[24]. - The net profit for Q3 2021 was CNY 79,122,461.15, an increase of 46.5% compared to CNY 54,041,300.87 in Q3 2020[25]. - The total profit for the period was CNY 117,016,003.16, compared to CNY 78,441,903.85 in Q3 2020, reflecting a growth of 49.0%[25]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥4,348,151,037.62, reflecting a 0.53% increase from the end of the previous year[4]. - Total assets as of September 30, 2021, amounted to ¥4,348,151,037.62, slightly up from ¥4,325,377,873.61 at the end of 2020[23]. - Total liabilities increased to ¥2,347,332,635.02 from ¥2,260,569,100.31, indicating a rise of approximately 3.8%[22]. - Current liabilities totaled approximately CNY 1.34 billion, with short-term borrowings at CNY 382.37 million[32]. - Total liabilities were approximately CNY 2.26 billion, with non-current liabilities accounting for approximately CNY 921.88 million[33]. Cash Flow - The cash flow from operating activities showed a significant decline of 74.79% compared to the previous year[3]. - The cash flow from operating activities showed a net inflow of CNY 82,233,593.20, a decrease of 74.8% compared to CNY 326,150,148.99 in the same period last year[29]. - The cash flow from investment activities saw a significant increase to 211,795,552.66 yuan, primarily due to reduced cash payments related to investment activities[12]. - The cash outflow from investing activities was CNY 126,331,027.95, down from CNY 248,529,165.27 in Q3 2020[29]. Income and Expenses - Research and development expenses decreased by 32.37% to ¥14,015,949.37 compared to the previous year[10]. - The company experienced a 100.59% increase in operating costs, totaling ¥1,191,237,882.84, primarily due to increased business revenue[10]. - Investment income decreased significantly to -6,439,252.48 yuan, primarily due to reduced net profits from joint ventures[11]. - Other income dropped by 52.92% to 4,803,332.80 yuan, mainly due to a decrease in government subsidies[11]. - The company reported a tax expense of CNY 37,893,542.01, an increase from CNY 24,400,602.98 in the same period last year[25]. Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 26,140[15]. - The controlling shareholder, Xihu Electronic Group, transferred 90% of its state-owned shares to Hangzhou Capital without compensation, maintaining the company's control structure[18]. - The company’s net profit attributable to minority shareholders increased by 144.90% to 41,123,771.50 yuan, driven by higher profits from non-wholly-owned subsidiaries[11]. Strategic Developments - The company signed a strategic cooperation agreement with multiple partners to enhance future community development[17]. Inventory and Investments - The company reported a decrease in inventory to ¥1,104,465,298.18 from ¥1,156,375,889.17, a decline of about 4.5%[21]. - Long-term equity investments decreased to ¥633,175,951.47 from ¥709,619,744.44, reflecting a decline of approximately 10.7%[21]. - The company has a long-term equity investment valued at approximately CNY 709.62 million[31]. Other Financial Metrics - The weighted average return on equity decreased to 0.43%, down from 0.73% in the same period last year[3]. - The company incurred a credit impairment loss of CNY 6,505,840.90, compared to CNY 10,151,537.34 in the previous year, indicating a decrease of 35.0%[25]. - The implementation of the new leasing standard from January 1, 2021, has been noted, affecting the financial statements[34]. - The third quarter report for 2021 was not audited, indicating preliminary figures[34].
ST数源(000909) - 2021 Q3 - 季度财报