STO(SZ:002468)2021-10-28 16:00Financial Performance - Total revenue for Q3 2021 was CNY 5,892,615,636.68, an increase of 8.06% year-over-year[5] - Net loss attributable to shareholders was CNY -91,598,910.48, a decrease of 39.90% compared to the same period last year[5] - The company reported a basic earnings per share of CNY -0.06, a decrease of 50.00% year-over-year[5] - The weighted average return on equity was -1.07%, a decrease of 0.35 percentage points compared to the previous year[5] - The net profit for the current period was a loss of ¥236,999,696.77, compared to a profit of ¥12,664,437.34 in the previous period, indicating a significant decline[29] - The company reported a basic and diluted earnings per share of -0.1565, down from 0.0034 in the previous period[32] Cash Flow - Cash flow from operating activities showed a net increase of CNY 577,301,713.89, up 191.91% year-to-date[5] - Cash flow from operating activities was ¥18,513,254,904.77, an increase from ¥14,842,603,270.22 in the previous period, showing a growth of 24.00%[33] - Net cash flow from operating activities increased to ¥577,301,713.89 from ¥197,766,790.07, representing a growth of approximately 191.1% year-over-year[36] - Total cash inflow from investment activities reached ¥7,962,455,680.85, a significant increase from ¥2,759,760,275.97, marking a growth of about 188.5%[36] - Cash outflow from investment activities totaled ¥8,482,261,505.18, up from ¥5,308,258,925.19, indicating a rise of approximately 59.1%[36] - Net cash flow from financing activities was ¥649,617,503.90, a decrease from ¥1,580,913,693.87, reflecting a decline of about 58.8%[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,653,400,805.21, representing a 16.94% increase from the end of the previous year[5] - The total assets of the company as of September 30, 2021, are approximately RMB 18.65 billion, compared to RMB 15.95 billion at the end of 2020[21] - The company's total current liabilities increased to approximately RMB 7.38 billion from RMB 6.03 billion in the previous year[22] - The long-term borrowings amount to approximately RMB 179.15 million, with total bonds payable at approximately RMB 1.03 billion[22] - The total liabilities increased to ¥10,083,061,241.50 from ¥7,110,160,064.69, representing a rise of 41.43%[25] - Total liabilities amounted to approximately $7.11 billion, a decrease from $8.26 billion, reflecting a reduction of about 14%[46] Shareholder Information - The total number of common shareholders at the end of the reporting period is 69,679[13] - Shanghai Dege Industrial Development Co., Ltd. holds 25.00% of shares, totaling 382,700,542 shares[13] - The company has a total of 19,559,900 shares repurchased, representing 1.28% of total shares[16] - The total equity attributable to shareholders decreased to ¥8,518,246,593.36 from ¥8,790,250,971.64, a decline of 3.09%[25] - The total equity attributable to shareholders reached approximately $8.79 billion, remaining stable compared to the previous period[46] Operational Efficiency - The company experienced a 45.12% decrease in accounts receivable due to improved collection efforts[9] - The company reported a decrease in accounts receivable from RMB 957.75 million to RMB 525.65 million year-over-year[19] - The company’s inventory decreased from RMB 64.49 million to RMB 58.50 million year-over-year[19] - Research and development expenses for the current period were ¥79,994,146.69, up from ¥59,281,617.72, marking a 35.24% increase[29] Accounting Changes - The company has implemented a new leasing standard since January 1, 2021, which has affected the accounting treatment of lease liabilities and assets[49] - The company did not adjust prior period comparative data when adopting the new leasing standard, simplifying the transition[49] - The third quarter report for 2021 was not audited, indicating that the financial figures may be subject to further review[50]