ERA(SZ:002641)2021-10-29 16:00Revenue and Profitability - Revenue for Q3 2021 reached ¥2,420,544,675.88, an increase of 24.01% compared to the same period last year[5] - Year-to-date revenue for 2021 was ¥6,368,911,660.06, reflecting a 34.01% increase year-on-year[10] - Net profit attributable to shareholders decreased by 58.85% to ¥107,653,189.16 in Q3 2021[12] - Year-to-date net profit attributable to shareholders decreased by 33.08% to ¥360,054,186.66[10] - Basic earnings per share for Q3 2021 was ¥0.09, down 60.87% from the previous year[12] - Net profit for the current period was ¥360,054,186.66, a decrease of 33% from ¥538,079,305.02 in the previous period[35] - Basic earnings per share for the current period were ¥0.29, down from ¥0.48 in the previous period[38] Assets and Liabilities - Total assets as of the end of Q3 2021 were ¥8,408,093,292.02, an increase of 11.36% from the end of the previous year[7] - The company's current assets totaled CNY 5,319,173,435.79, up from CNY 4,963,826,532.66, indicating an increase of about 7.15% year-over-year[24] - The total liabilities reached CNY 6,431,057,213.64, up from CNY 5,258,509,864.88, indicating a growth of about 22.3%[27] - Total equity attributable to shareholders of the parent company rose to ¥4,844,580,646.14, up from ¥4,700,479,319.14, indicating an increase of about 3%[31] - Total current liabilities reached ¥2,678,045,678.20, reflecting the company's short-term obligations[52] - Total liabilities stood at ¥2,849,811,407.14, showcasing the company's total debt[52] Cash Flow - Cash flow from operating activities for the year-to-date was ¥6,368,525.04, down 98.67% year-on-year[13] - Operating cash inflow totaled CNY 7,210,919,709.54, an increase of 30% compared to CNY 5,543,785,823.99 in the previous period[42] - Operating cash outflow amounted to CNY 7,204,551,184.50, up from CNY 5,065,351,160.56, reflecting a 42% increase[42] - Net cash flow from operating activities was CNY 6,368,525.04, a significant decrease from CNY 478,434,663.43 in the prior period[42] - Cash inflow from investment activities reached CNY 767,817,479.50, compared to CNY 28,781,704.74 previously[42] - Cash outflow from financing activities was CNY 459,720,996.97, compared to CNY 266,102,732.14 previously[45] - The net cash flow from financing activities was CNY -76,504,629.51, a decline from CNY 448,133,063.63 in the prior period[45] Expenses and Costs - Total operating costs amounted to ¥5,962,034,169.59, up 43% from ¥4,172,194,997.94 in the previous period[32] - Research and development expenses for the current period were ¥211,194,830.68, an increase of 29% compared to ¥163,058,005.49 in the previous period[35] - The company experienced a decrease in sales expenses, which were ¥236,208,784.04 compared to ¥208,459,460.20 in the previous period, indicating a rise of about 13%[35] Legal and Operational Issues - The company has reached a purchase asset solution with Evergrande Group for CNY 167 million, while still having outstanding receivables of CNY 4.78 billion[20] - The company has initiated legal proceedings against Evergrande Group regarding contract disputes, which are currently under review by the court[20] - The company reported overdue commercial acceptance bills amounting to CNY 2.12 billion as of September 30, 2021, with total receivables and notes receivable remaining at CNY 4.78 billion[20] Inventory and Receivables - Accounts receivable rose significantly to CNY 1,351,304,945.00, compared to CNY 816,247,578.21, marking an increase of about 65.5%[24] - The company's inventory increased to CNY 1,718,408,091.36 from CNY 1,176,973,176.48, reflecting a growth of approximately 46%[24] Financial Reporting and Standards - The company has not undergone an audit for the third quarter report, which may affect investor confidence[56] - The company is implementing new leasing standards, which may impact future financial reporting[55] - The financial data reflects a stable operational environment, with no significant fluctuations in key metrics[52]