YOOZOO(SZ:002174)2021-10-26 16:00Financial Performance - The company's operating revenue for the third quarter was ¥747,231,556.54, a decrease of 38.11% compared to the same period last year, and a decrease of 32.49% year-to-date [5]. - Net profit attributable to shareholders was ¥91,349,227.75, an increase of 39.45% year-on-year, but a decrease of 36.77% year-to-date [5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,924,004.51, an increase of 1,308.12% year-on-year, but a decrease of 65.49% year-to-date [5]. - The basic earnings per share for the quarter was ¥0.10, an increase of 42.86% year-on-year, but a decrease of 38.10% year-to-date [7]. - Net profit for the quarter was ¥353,777,806.16, a decline of 37.0% from ¥561,559,627.46 in the previous year [30]. - Earnings per share (EPS) for the quarter was ¥0.39, compared to ¥0.63 in the same quarter last year [32]. - The company reported a total comprehensive income of ¥274,721,908.88, down from ¥513,932,109.64 in the same quarter last year [32]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,190,780,943.73, a decrease of 16.32% compared to the end of the previous year [7]. - The total assets decreased to ¥7,190,780,943.73 from ¥8,592,711,982.00, indicating a contraction in the asset base [26]. - Total liabilities decreased to ¥1,838,750,056.65 from ¥3,533,088,361.00, reflecting a significant reduction in financial obligations [24]. - Total equity attributable to shareholders increased to ¥5,354,952,397.57 from ¥5,062,939,640.68, indicating a growth of 5.8% year-over-year [24]. - The company reported a decrease in accounts receivable from ¥701,823,849.83 in 2020 to ¥490,721,604.24 in 2021 [20]. - The company’s non-current assets total ¥4,456,746,976.93, slightly up from ¥4,371,366,002.38 year-over-year [22]. Cash Flow - The net cash flow from operating activities year-to-date was ¥208,158,762.46, a decrease of 69.49% compared to the same period last year [5]. - The net cash flow from operating activities for the current period is ¥208,158,762.46, a decrease of 69.5% compared to ¥682,153,791.51 in the previous period [35]. - Total cash inflow from investment activities is ¥1,206,704,211.72, significantly higher than ¥386,271,844.58 in the previous period [35]. - The net cash flow from financing activities is -¥1,047,031,557.75, worsening from -¥417,684,040.27 in the previous period [35]. - The total cash flow from operating activities is ¥3,363,490,904.52, compared to ¥4,082,493,197.29 in the previous period, indicating a decline [33]. Research and Development - The company plans to enhance its R&D capabilities, which has led to increased investment in research projects compared to the previous year [13]. - Research and development expenses rose to ¥319,958,776.96, up 36.7% from ¥233,969,248.17 in the previous year, highlighting a focus on innovation [27]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 77,218, with the largest shareholder, Lin Qi, holding 11.65% of shares, equating to 106,659,172 shares [15]. - The largest shareholder, Lin Qi, has pledged 70,908,300 shares and has 2,710,876 shares frozen [15]. - The company completed the transfer of 8,522,393 shares to the second employee stock ownership plan on July 19, 2021 [19]. - The second employee stock ownership plan holds a total of 9,446,693 shares, representing 1.03% of the total share capital as of July 20, 2021 [19]. - The company granted a total of 9,145,000 stock options to 125 incentive targets under the 2021 stock option incentive plan [19]. Financial Management - The company has maintained a stable capital reserve of ¥1,215,305,128.92, reflecting consistent financial management practices [24]. - The company reported non-recurring gains totaling ¥68,425,223.24 for the quarter, primarily from the disposal of long-term equity investments and changes in fair value of financial assets [8].