Palm(SZ:002431)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,100,775,209.79, a decrease of 43.17% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥18,086,728.11, down 10.98% year-on-year, while the net profit excluding non-recurring items increased by 33.46% to ¥17,632,817.70[3]. - Total operating revenue for the current period reached ¥3,869,742,901.49, an increase of 5.3% compared to ¥3,675,288,961.64 in the previous period[23]. - Net profit for the current period was ¥26,057,035.32, down from ¥30,700,012.62, representing a decrease of 15.5%[24]. - Operating profit for the current period was ¥27,842,673.56, compared to ¥20,390,878.98 in the previous period, indicating a growth of 36.1%[24]. - Basic earnings per share decreased to ¥0.02 from ¥0.03, reflecting a decline of 33.3%[25]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥18,210,950,271.04, reflecting a growth of 10.68% compared to the end of the previous year[4]. - The total liabilities increased to RMB 13.45 billion from RMB 11.72 billion, marking an increase of approximately 14.7%[21]. - The company's total equity attributable to shareholders increased by 0.67% to ¥4,591,605,556.36[4]. - The company's equity attributable to shareholders rose to RMB 4.59 billion from RMB 4.56 billion, a slight increase of about 0.9%[21]. - The total current assets amounted to CNY 10,856,724,769.17, with an adjustment of CNY 1,139,705.23[32]. - The total non-current assets increased to CNY 5,609,925,278.38, with an adjustment of CNY 11,907,898.12[32]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥275,687,626.27, a decrease of 21.08% year-to-date[3]. - Cash flow from operating activities showed a net outflow of ¥275,687,626.27, worsening from a net outflow of ¥227,699,555.29 in the previous period[28]. - Cash flow from investing activities resulted in a net outflow of ¥145,651,549.77, compared to a net outflow of ¥105,352,936.45 previously[28]. - Cash flow from financing activities generated a net inflow of ¥169,911,837.04, a recovery from a net outflow of ¥351,165,122.24 in the previous period[29]. - The ending cash and cash equivalents balance was ¥442,254,626.06, an increase from ¥338,701,487.97 at the end of the previous period[29]. Research and Development - Research and development expenses increased by 53.03% compared to the same period last year, indicating a focus on innovation[10]. - Research and development expenses increased significantly to ¥131,433,130.30 from ¥85,888,691.23, marking a rise of 53.1%[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 62,605[14]. Adjustments and Standards - The company implemented the new leasing standard effective January 1, 2021, which required adjustments to financial statement items[34]. - The total assets as of January 1, 2021, were adjusted to CNY 16,466,650,047.55, reflecting an increase of CNY 13,047,603.35 due to the new leasing standard[34]. - The total liabilities as of January 1, 2021, were CNY 11,735,621,607.98, reflecting an increase of CNY 13,047,603.35 due to the new leasing standard[34]. Other Financial Metrics - The weighted average return on equity was 0.40%, down 0.04% from the previous year[4]. - The company experienced a 38.25% decrease in net cash flow from investing activities compared to the same period last year[12]. - The company's cash and cash equivalents decreased to RMB 854.87 million from RMB 987.65 million, a decline of approximately 13.4%[19]. - The accounts receivable decreased to RMB 2.13 billion from RMB 2.58 billion, reflecting a reduction of about 17.5%[19]. - The inventory increased to RMB 1.14 billion from RMB 1.01 billion, reflecting a growth of about 12.9%[20]. - The company reported a decrease in short-term borrowings to RMB 1.90 billion from RMB 2.48 billion, a decline of approximately 23.4%[21].