Net263(SZ:002467)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥216,481,827.72, a decrease of 12.21% compared to the same period last year[4]. - The net profit attributable to shareholders for the same period was ¥35,260,325.67, down 86.68% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥21,565,695.50, a decline of 32.24% compared to the previous year[4]. - Total operating revenue for the current period is $670.89 million, down from $735.31 million in the previous period, representing a decrease of approximately 8.8%[22]. - Net profit for the current period is $91.08 million, compared to $399.24 million in the previous period, indicating a significant decline of approximately 77%[22]. - Basic and diluted earnings per share decreased to $0.06 from $0.30, reflecting a drop of 80%[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥64,561,502.13, reflecting a decrease of 51.45% year-on-year[4]. - Cash flow from operating activities generated a net amount of $64.56 million, down from $132.98 million, a decrease of about 51%[25]. - Cash flow from investing activities showed a net inflow of $91.89 million, compared to $35.66 million in the previous period, an increase of approximately 157%[25]. - Cash flow from financing activities resulted in a net outflow of $202.41 million, worsening from a net outflow of $27.68 million in the previous period[28]. - The ending cash and cash equivalents balance decreased to $412.44 million from $424.42 million, a decline of about 2.3%[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,807,688,418.98, down 4.73% from the end of the previous year[4]. - As of September 30, 2021, the total current assets amounted to ¥904,637,232.33, a decrease from ¥965,913,030.17 at the end of 2020, representing a decline of approximately 6.5%[16]. - The company's total liabilities decreased to ¥450,917,670.82 as of September 30, 2021, compared to ¥488,500,187.24 at the end of 2020, reflecting a reduction of approximately 7.7%[18]. - The total equity attributable to shareholders of the parent company was ¥2,261,510,136.91 as of September 30, 2021, down from ¥2,368,688,927.17 at the end of 2020, a decrease of about 4.5%[18]. - The company's long-term equity investments increased to ¥122,796,720.33 as of September 30, 2021, compared to ¥50,875,073.75 at the end of 2020, showing a significant increase of approximately 141.4%[16]. - The total liabilities rose to CNY 532,736,427.58 from CNY 488,500,187.24, indicating an increase of CNY 44,236,240.34[32]. Non-Recurring Items and Other Adjustments - The company reported a non-recurring gain of ¥13,694,630.17 for the current period, influenced by fair value changes and tax impacts from the merger[7]. - The decline in net profit was primarily due to a significant decrease in the fair value of equity investments under non-current financial assets and reduced demand in the enterprise communication business due to the easing of domestic pandemic conditions[8]. - The company experienced a fair value loss of $141.86 million, contrasting with a gain of $360.95 million in the previous period, indicating a substantial negative shift[22]. - The company recognized a right-of-use asset of CNY 58,130,216.57 as part of the new leasing standard implementation[32].