QUNXING(SZ:002575)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥27,576,694.49, representing a 212.46% increase compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥7,758,014.64, showing a significant increase of 663.33% year-on-year[3]. - The basic earnings per share for Q3 2021 was ¥0.0125, an increase of 668.18% year-on-year[3]. - The total operating revenue for the period reached CNY 41,742,221.94, a significant increase from CNY 17,090,407.49 in the previous period, representing a growth of approximately 144.5%[22]. - The total revenue from sales of goods and services received was CNY 34,190,803.13, up from CNY 22,515,221.30 in the previous year, reflecting a year-over-year increase of approximately 52%[26]. - The company recorded a 194.06% increase in income tax expenses to ¥1,735,841.86 from ¥590,301.66, driven by increased profits[9]. - The total comprehensive income for the quarter was CNY -6,226,899.67, compared to CNY -10,924,845.71 in Q3 2020, showing an improvement in overall financial health[24]. Operating Costs and Cash Flow - The company's operating costs rose to ¥23,453,044.57, reflecting an increase of 108.90% from ¥11,227,081.09, also due to the growth in liquor sales[8]. - The net cash flow from operating activities was negative at -¥33,232,828.19, indicating a decline of 165.49% year-to-date[3]. - The company experienced a net cash outflow from operating activities of CNY -33,232,828.19, worsening from CNY -12,517,362.33 in the same quarter last year[27]. - Investment activities generated a net cash outflow of -¥28,441,728.55, a decline of 627.34% from a positive cash flow of ¥5,393,461.42, primarily due to purchases of bank wealth management products[9]. - The financing activities generated a net cash inflow of CNY 58,709,390.19, down from CNY 87,280,000.00 in the previous year, suggesting a decrease in financing activities[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥860,211,151.14, a decrease of 17.11% from the end of the previous year[3]. - The company's cash and cash equivalents decreased to CNY 3,770,133.84 from CNY 5,124,765.36, a decline of approximately 26.5%[18]. - The total liabilities as of September 30, 2021, were CNY 61,828,799.89, down from CNY 202,063,577.22, indicating a reduction of about 69.5%[20]. - The company's non-current assets totaled CNY 568,192,338.48, a decrease from CNY 635,693,388.22 at the end of the previous year, reflecting a decline of about 10.6%[19]. - Total current assets amounted to 402,076,949.97, with cash and cash equivalents at 5,124,765.36 and trading financial assets at 145,518,433.89[30]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,447, with no preferred shareholders[11]. - The largest shareholder, Shenzhen Xinghe Data Technology Co., Ltd., holds 8.16% of shares, totaling 50,470,000 shares, with 49,000,000 shares pledged[12]. - The total equity attributable to shareholders was 804,713,556.67, with retained earnings of 80,022,536.89[32]. Strategic Developments - The company did not report any new product developments or market expansion strategies during this quarter[7]. - The company plans to terminate the implementation of the 2019 restricted stock incentive plan and will repurchase and cancel 30 million shares of restricted stock[14]. - The company is in the process of acquiring all or part of the equity of Suzhou Shiwow Electronics Technology Co., Ltd., which is expected to constitute a major asset reorganization[15]. Audit and Compliance - The company has not undergone an audit for the third quarter report[34]. - The company implemented new leasing standards, affecting the financial statements[33].