LHM(SZ:002535)2021-10-29 16:00Financial Performance - The company's operating revenue for the third quarter was ¥113,346,917.68, a decrease of 45.66% compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥56,975,059.62, with a year-to-date loss of ¥144,421,879.14[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥64,655,876.11, representing a staggering increase of 2,285.92% in losses year-over-year[4]. - Total revenue for the third quarter was CNY 345,973,021.92, a decrease of 42% compared to CNY 594,901,992.27 in the same period last year[20]. - The net loss for the quarter was CNY 144,121,207.13, compared to a net profit of CNY 11,917,862.98 in the previous year[21]. - The total comprehensive income for the third quarter was -144,421,879.14 CNY, compared to 10,240,044.05 CNY in the previous period[22]. - The basic and diluted earnings per share were both -0.1801 CNY, a decrease from 0.0128 CNY in the previous period[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,212,602,155.34, down 12.20% from the end of the previous year[5]. - The company's total assets decreased to CNY 4,212,602,155.34 from CNY 4,797,955,478.29, representing a decline of about 12%[18]. - Current assets totaled CNY 1,706,300,630.22, down from CNY 2,278,231,943.20, indicating a reduction of approximately 25%[16]. - The total liabilities decreased to CNY 3,525,581,591.84 from CNY 3,966,813,707.66, a decline of about 11%[17]. - Cash and cash equivalents were CNY 173,811,969.31, significantly lower than CNY 593,674,494.53, reflecting a decrease of approximately 71%[16]. - Accounts receivable increased slightly to CNY 362,332,855.57 from CNY 427,431,571.31, showing a decrease of about 15%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,810, reflecting a stable shareholder base[12]. - The top shareholder, Guo Xiansheng, holds 29.54% of the shares, with significant pledges on his holdings[12]. - Shareholders' equity attributable to the parent company decreased by 17.55% to ¥678,647,915.28 compared to the end of the previous year[5]. Cash Flow - The company reported a significant decrease in cash flow from operating activities, with a net cash flow of ¥62,624,312.12 year-to-date[4]. - Cash inflow from operating activities totaled 933,001,926.11 CNY, an increase from 798,642,829.02 CNY year-over-year[25]. - The net cash flow from operating activities was 62,624,312.12 CNY, a significant improvement from -115,410,005.48 CNY in the previous period[25]. - Cash outflow from investing activities was 8,640,751.28 CNY, compared to 11,955,784.17 CNY in the previous period[26]. - The net cash flow from investing activities was 11,359,248.72 CNY, down from 188,502,710.58 CNY year-over-year[26]. - The net cash flow from financing activities was -343,616,205.88 CNY, worsening from -69,912,662.80 CNY in the previous period[26]. - The ending balance of cash and cash equivalents was 6,690,339.87 CNY, compared to 5,932,845.78 CNY in the previous period[26]. Research and Development - Research and development expenses increased by 52.39% to ¥7,517,949.09, indicating a focus on innovation despite financial losses[10]. - Research and development expenses rose to CNY 21,866,798.93, up from CNY 14,348,849.84, marking an increase of approximately 53%[21]. Other Information - The company experienced a 41.84% decline in revenue due to reduced production in the coal machinery business and the previous year's subsidiary transfer[10]. - The company did not undergo an audit for the third quarter report[27]. - The report was released by the board of directors on October 30, 2021[28].