BBL(SZ:002776)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was ¥14,439,900.61, representing a decrease of 90.71% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥22,238,811.65, a decline of 184.82% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥23,951,136.93, down 225.29% from the previous year[3]. - Basic earnings per share were -¥0.04, a drop of 180.00% compared to the same period last year[3]. - The net profit for the quarter was a loss of CNY 44,163,878.91, compared to a profit of CNY 139,397,086.85 in the previous year, marking a shift of approximately 131.7%[19]. - The total comprehensive income for the period was -44,163,878.91 CNY, compared to 139,397,086.85 CNY in the previous period[20]. - Basic and diluted earnings per share were both -0.080 CNY, down from 0.26 CNY in the previous period[20]. Cash Flow and Assets - The operating cash flow for the year-to-date was -¥144,657,054.86, reflecting a decrease of 192.88%[3]. - Cash inflow from operating activities totaled 85,476,545.43 CNY, a decrease from 701,953,491.38 CNY in the previous period[23]. - The net cash flow from operating activities was -144,657,054.86 CNY, compared to 155,751,288.14 CNY in the previous period[23]. - Cash inflow from investing activities was 47,249,353.09 CNY, down from 473,262,994.96 CNY in the previous period[23]. - The net cash flow from investing activities was 37,446,061.24 CNY, compared to -122,559,775.32 CNY in the previous period[23]. - Cash inflow from financing activities was 130,516,886.91 CNY, down from 796,000,000.00 CNY in the previous period[24]. - The net cash flow from financing activities was -53,374,398.88 CNY, compared to 294,521,923.65 CNY in the previous period[24]. - The ending cash and cash equivalents balance was 38,229,358.93 CNY, significantly lower than 1,732,417,947.15 CNY in the previous period[24]. - Current assets totaled CNY 2,185,483,866.08, an increase from CNY 2,110,916,690.38, reflecting a growth of about 3.5%[15]. - The company's cash and cash equivalents decreased significantly to CNY 38,229,535.23 from CNY 162,237,039.49, a decline of about 76.6%[15]. - The company's total assets as of September 30, 2021, were CNY 3,079,352,221.18, slightly up from CNY 3,046,501,328.34 at the end of 2020[15]. - Total liabilities increased to CNY 1,084,063,308.02 from CNY 1,007,050,234.39, representing an increase of approximately 7.6%[16]. - The total equity attributable to shareholders decreased to CNY 1,997,980,312.68 from CNY 2,041,403,311.94, a decline of approximately 2.1%[16]. Operational Challenges - The company experienced a significant decline in clothing sales due to the impact of the pandemic and strategic adjustments from brand clients, leading to a substantial drop in orders[8]. - The company faced severe losses in its pandemic-related product sales due to market misjudgment, resulting in significant inventory buildup and price drops[8]. - The total operating costs amounted to CNY 166,592,186.47, down from CNY 456,803,440.90, indicating a reduction of about 63.6%[18]. - Research and development expenses for the quarter were CNY 2,789,840.54, down from CNY 10,698,270.30, indicating a reduction of approximately 74.0%[19]. - The report for the third quarter was not audited[25]. Equity and Returns - The weighted average return on equity was -0.88%, a decrease of 1.91% year-on-year[3]. - Total assets at the end of the reporting period were ¥3,079,352,221.18, an increase of 1.08% from the end of the previous year[3]. - The total equity attributable to shareholders was ¥1,997,980,312.68, down 2.13% from the previous year[4].