CREAT(SZ:002350)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥543,992,233.62, a decrease of 13.90% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2021 was ¥34,535,061.89, an increase of 0.34% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,972,571.96, a significant decrease of 94.24% compared to the previous year[2]. - Total revenue for Q3 2021 reached ¥1,451,524,887.72, a slight increase of 1.9% compared to ¥1,431,673,439.41 in Q3 2020[18]. - Net profit for Q3 2021 was ¥33,439,711.27, representing a 15.5% increase from ¥28,929,733.87 in Q3 2020[19]. - The total comprehensive income for the period attributable to the parent company was CNY 28,688,387.52, an increase from CNY 25,882,223.31 in the previous period, representing a growth of approximately 10.6%[20]. - Basic and diluted earnings per share for the period were both CNY 0.0535, compared to CNY 0.0477 in the previous period, reflecting an increase of 17.9%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥154,267,962.17, a decline of 190.76%[2]. - Cash flow from operating activities decreased by 101.2114 million RMB, a reduction of 190.76%, mainly due to increased prepayments to suppliers for data center equipment[9]. - Cash inflows from operating activities totaled CNY 1,824,683,547.86, up from CNY 1,781,811,072.95, indicating a growth of 2.4%[22]. - The net cash flow from operating activities was negative CNY 154,267,962.17, worsening from negative CNY 53,056,598.29 in the previous period[23]. - Cash inflows from financing activities amounted to CNY 272,000,000.00, compared to CNY 198,000,000.00 in the previous period, marking an increase of 37.4%[23]. - The net cash flow from financing activities improved to CNY 61,522,056.34 from negative CNY 8,296,962.79 in the previous period[23]. - The ending cash and cash equivalents balance was CNY 257,114,376.94, down from CNY 313,367,596.87 in the previous period, a decrease of 17.9%[23]. - The company reported a total cash outflow from investing activities of CNY 35,379,320.81, slightly higher than CNY 33,336,841.77 in the previous period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,431,222,107.96, an increase of 3.43% from the end of the previous year[2]. - Total assets as of September 30, 2021, amounted to ¥3,431,222,107.96, up from ¥3,317,373,546.47 at the end of 2020, reflecting a growth of 3.4%[16]. - Total liabilities increased to ¥1,379,819,281.24 from ¥1,249,322,990.76, representing a rise of 10.4%[16]. - Total liabilities reached $1,249,322,990.76, reflecting a decrease of $2,491,831.03 from the last reporting period[28]. - Current liabilities were $1,236,002,261.90, with a minor decrease of $306,817.17 from the previous period[27]. Investments and Expenses - The company received government subsidies amounting to ¥1,094,606.41 during the reporting period, primarily related to solar energy projects[4]. - Development expenses increased by 9.0394 million RMB, a growth of 71.26%, mainly due to R&D investments in ongoing projects during the reporting period[9]. - Research and development expenses for Q3 2021 were ¥65,034,334.44, compared to ¥56,960,911.53 in Q3 2020, indicating an increase of 14.5%[19]. - Long-term deferred expenses increased by 6.0904 million RMB, a growth of 47.71%, primarily for expenses related to obtaining product type test reports during the reporting period[9]. - Financial expenses decreased by 2.3287 million RMB, a reduction of 34.81%, mainly due to a decrease in average loan amounts leading to lower interest expenses[9]. Other Financial Metrics - The weighted average return on equity was 1.84%, a slight decrease of 0.07% compared to the previous year[2]. - The company’s goodwill remained constant at $46,694,952.19[27]. - Deferred tax assets were reported at $32,375,551.44, unchanged from the previous period[27]. - The company has adopted new leasing standards starting from 2021, which required adjustments to the financial statements[24]. - The company did not report any net profit from subsidiaries prior to consolidation during the current and previous periods[20]. - The third-quarter report was not audited, indicating preliminary figures[30].