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ST雪发(002485) - 2021 Q3 - 季度财报

Financial Performance - Revenue for Q3 2021 reached ¥749,230,450.67, an increase of 104.89% compared to the same period last year[3] - Net profit attributable to shareholders was -¥2,059,407.94, a decrease of 172.17% year-on-year[3] - Total operating revenue for the third quarter of 2021 reached CNY 1,708,323,465.78, a significant increase from CNY 1,036,843,826.21 in the same period last year, representing a growth of approximately 64.8%[24] - The company reported a net loss of CNY 7,815,429.36 for the third quarter of 2021, an improvement from a net loss of CNY 63,476,254.52 in the same quarter of 2020[25] - Total comprehensive income attributable to the parent company was -¥5,586,068.43, compared to -¥53,247,929.92 in the previous period, indicating a reduction in losses[26] - The company recorded a total comprehensive loss of -¥7,815,429.36 for the period, compared to -¥63,476,254.52 in the previous year, showing a significant reduction in losses[26] Cash Flow and Assets - Operating cash flow for the year-to-date period was ¥57,895,916.20, reflecting a growth of 127.57%[3] - The net cash flow from operating activities increased by 127.57%, driven by improved collections in supply chain and cultural tourism businesses[9] - The cash inflow from financing activities was ¥486,445,816.67, down from ¥1,375,845,100.00 in the previous year, reflecting a decrease of approximately 64%[29] - The total cash outflow from operating activities was ¥1,801,562,131.20, compared to ¥1,675,705,238.43 in the previous year, indicating an increase in operational expenses[29] - The company's cash and cash equivalents increased to CNY 94,746,536.76 from CNY 93,152,621.29, showing a slight growth of 1.7%[21] - The cash and cash equivalents at the end of the period amounted to ¥88,304,891.32, up from ¥34,193,016.25 at the end of the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,533,396,229.07, up 4.73% from the end of the previous year[3] - Current liabilities totaled CNY 1,028,113,682.78 as of September 30, 2021, compared to CNY 794,419,845.88 at the end of 2020, marking an increase of about 29.4%[22] - The company’s total liabilities reached CNY 1,314,907,289.59, an increase from CNY 1,108,870,403.17, representing a growth of approximately 18.6%[22] - The company has a long-term payable of approximately CNY 83.42 million[33] - Deferred income was reported at CNY 198.17 million[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,227[11] - Guangzhou Xuesong Cultural Tourism Investment Co., Ltd. holds 63.62% of shares, totaling 346,103,845 shares[11] - The top 10 shareholders include both institutional and individual investors, with varying percentages of ownership[11] Business Operations - Inventory increased by 103.88% compared to the beginning of the year, primarily due to growth in supply chain business[8] - Revenue from supply chain business significantly contributed to a 64.76% increase in total revenue year-on-year[9] - Research and development expenses increased, indicating a focus on new product and technology development[9] - The company has confirmed rental income of 7.0975 million RMB from 19 shops during the reporting period[15] - The company plans to continue leasing or selling up to 19 shops with a total book value not exceeding 640 million RMB[15] Corporate Changes - The company changed its name from Sinoer Men's Wear Co., Ltd. to Cedar Development Co., Ltd. on August 5, 2021[13] - The company has appointed Zeng Lingtai as the new vice president following the resignation of Liu Hongjuan[18] - The company has retained Zhongxinghua Accounting Firm for the 2021 annual external audit[16] - The company has not disclosed any other significant relationships among the top 10 shareholders[12] - The company’s stock code remains unchanged at 002485 after the name change[13] Audit and Reporting - The report was released by the board of directors on October 29, 2021[35] - The company has not undergone an audit for the third quarter report[34]