Homa(002668)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥2,891,100,614.44, representing an increase of 18.37% year-over-year[4] - The net profit attributable to shareholders for the same period was ¥153,875,754.55, up 14.46% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses reached ¥143,220,464.76, reflecting a 12.06% increase year-over-year[4] - The basic earnings per share for Q3 2021 was ¥0.140, an increase of 14.47% year-over-year[4] - The weighted average return on net assets was 6.62%, up 133.73% compared to the same period last year[4] - The total operating revenue for the period reached ¥7,697,525,863.84, an increase of approximately 28% compared to ¥6,029,687,847.18 in the previous period[25] - The net profit attributable to the parent company was ¥231,991,858.40, compared to ¥189,112,994.24 in the previous period, representing an increase of approximately 23%[28] - The company reported a total comprehensive income of ¥685,287,866.48, compared to ¥574,181,828.87 in the previous period, an increase of approximately 19%[28] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,433,612,879.20, which is a 13.24% increase from the end of the previous year[4] - The company's total assets reached approximately 10.434 billion CNY, an increase from 9.213 billion CNY in the previous year, reflecting a growth of about 13.2%[16] - The company's current assets totaled approximately 8.645 billion CNY, up from 7.419 billion CNY, indicating a year-over-year increase of about 16.5%[19] - The company reported a total liability of approximately 8.644 billion CNY, with short-term borrowings rising to approximately 818.72 million CNY from 668 million CNY, an increase of about 22.5%[19] - The total liabilities increased to ¥6,633,476,791.39 from ¥5,901,675,838.05, marking a rise of about 12%[25] - Total liabilities included short-term borrowings of CNY 668,004,270.00 and accounts payable of CNY 1,260,117,328.20[38] - Total equity was approximately ¥3.31 billion, with a significant portion attributed to minority interests of approximately ¥1.13 billion[41] - The retained earnings showed a deficit of approximately ¥824.79 million, highlighting potential challenges in profitability[41] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥92,860,220.89, indicating a decline of 110.06% year-over-year[4] - Operating cash inflow totaled CNY 8,621,720,493.67, an increase of 31.1% compared to CNY 6,557,403,496.80 in the previous period[31] - Net cash outflow from operating activities was CNY -92,860,220.89, a significant decrease from CNY 923,010,043.51 in the previous period[31] - Cash inflow from investment activities was CNY 854,150,992.61, up from CNY 438,474,451.57 in the previous period[31] - Cash inflow from financing activities totaled CNY 885,350,298.31, compared to CNY 1,049,887,640.00 in the previous period[34] - The ending balance of cash and cash equivalents was CNY 2,088,036,195.26, down from CNY 754,922,253.42 in the previous period[34] Business Strategy and Risks - The company has decided to terminate its financial technology business due to adverse macroeconomic conditions and will focus on its core refrigerator manufacturing business[14] - The company has identified potential risks related to previous accounting errors and non-compliance issues that may impact its financial performance[4] - The company has identified a potential violation regarding a 145 million CNY pledge of a time deposit by its wholly-owned subsidiary, which may lead to significant adverse effects on its asset status and operating performance[15] - The company is establishing a working group to manage the termination and disposal of its financial technology business assets, which may lead to further losses and impact its financial performance[14] - The company plans to issue 325,233,427 A-shares at a price of 3.86 CNY per share, raising approximately 1.255 billion CNY for the construction of a cross-border e-commerce intelligent marketing cloud platform and to repay bank loans[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27] Compliance and Audit - The company has not undergone an audit for the third quarter report, which may affect investor confidence[44] - The report does not apply to the retrospective adjustment of the new leasing standards, indicating compliance with current regulations[41] - The company is committed to timely information disclosure regarding the progress of its non-public offering and the termination of its financial technology business[14]