凯文教育(002659) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥68,782,314.58, a decrease of 19.28% compared to the same period last year[3] - The net profit attributable to shareholders was -¥38,031,691.64, down 25.41% year-on-year[3] - Total operating revenue for Q3 2021 was CNY 266,391,049.27, an increase of 19.5% compared to CNY 222,873,197.85 in Q3 2020[19] - Net loss for Q3 2021 was CNY 73,137,472.53, an improvement from a net loss of CNY 97,588,322.73 in Q3 2020, indicating a reduction of approximately 25%[20] - Total comprehensive income attributable to the parent company was -¥72,869,342.63, compared to -¥96,515,038.86 in the same period last year[24] Cash Flow - The cash flow from operating activities for the year-to-date was ¥98,137,845.49, an increase of 73.15%[3] - Net cash flow from operating activities was ¥98,137,845.49, up 73.5% from ¥56,677,594.24 in the same period last year[24] - Cash flow from investment activities showed a net outflow of ¥462,844,687.58, worsening from a net outflow of ¥218,905,516.42 in the previous year[24] - Cash inflow from investment activities totaled ¥3,658,215,326.56, significantly higher than ¥148,284,810.90 in the previous year[24] - Cash outflow from financing activities was ¥277,953,372.10, slightly lower than ¥296,411,958.05 in the previous period[25] - The company received tax refunds amounting to ¥1,067,622.46 during the reporting period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,865,097,416.72, a decrease of 6.06% from the previous year[3] - Total assets decreased to CNY 3,865,097,416.72 as of September 30, 2021, down from CNY 4,114,438,418.81 at the end of 2020, representing a decline of about 6%[16] - Total liabilities decreased to CNY 1,473,472,658.66 from CNY 1,634,675,595.25, marking a reduction of approximately 10%[17] - Total liabilities amounted to CNY 1,634,675,595.25, with current liabilities at CNY 582,175,595.25 and non-current liabilities at CNY 1,052,500,000.00[29] - The total equity attributable to shareholders decreased to CNY 2,394,048,663.49 from CNY 2,475,435,882.39, reflecting a decline of approximately 3.3%[17] Investment and Income - The company reported a significant increase in investment income of ¥8,957,333.54, up 1,240.92% year-on-year, due to expanded investment in bank financial products[9] - The company reported an investment income of CNY 9,679,162.31 for Q3 2021, compared to CNY 721,828.77 in Q3 2020, showing a substantial increase[20] Shareholder Information - The company’s basic and diluted earnings per share were both -¥0.06, a decrease of 20.00% compared to the previous year[3] - Basic and diluted earnings per share were both -¥0.12, an improvement from -¥0.17 in the previous period[24] - The weighted average return on equity was -1.56%, a decrease of 0.36% year-on-year[3] - The company reported a negative retained earnings of CNY -180,318,612.65, indicating accumulated losses[29] Operational Changes - The company’s short-term borrowings decreased by ¥135,172,368.79, a 100% decline, as a result of repaying bank loans[7] - The accounts payable decreased by ¥93,310,446.68, down 77.28%, primarily due to the payment of due project funds[7] - The company’s contract liabilities decreased by ¥214,760,525.64, a decline of 88.90%, due to the exclusion of two schools from the consolidated financial statements[7] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[20] - Research and development expenses were not explicitly reported, but the company continues to focus on innovation and technology development[20] Audit Status - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[30]