NGL(SZ:002836)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was CNY 40,883,618.40, a decrease of 19.50% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 1,086,748.41, down 35.46% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 703,301.29, a decline of 64.21% compared to the previous year[4]. - Total operating revenue for Q3 2021 was CNY 109,453,704.52, a decrease of 33.2% compared to CNY 163,991,574.10 in the same period last year[20]. - Net profit for Q3 2021 was CNY 8,734,211.91, representing a decline of 38.5% from CNY 14,303,158.09 in Q3 2020[21]. - Earnings per share for Q3 2021 were CNY 0.05, down from CNY 0.09 in the same quarter last year[22]. - Total operating costs for Q3 2021 were CNY 101,678,726.39, down 30.9% from CNY 147,380,436.17 year-over-year[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 411,328,409.61, a decrease of 19.10% from the end of the previous year[4]. - Total liabilities as of the end of Q3 2021 were CNY 51,520,742.84, significantly reduced from CNY 109,336,330.83 at the end of the previous year[19]. - The total equity attributable to shareholders was CNY 359,807,666.77, down 9.84% from the previous year[4]. - The company's total current liabilities decreased to CNY 39,743,184.06 from CNY 46,046,966.35, a reduction of about 13.4%[17]. - Non-current assets totaled CNY 221,501,605.70, down from CNY 229,228,879.58, reflecting a decrease of approximately 3.4%[17]. Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 24,057,546.94, down 49.96% year-on-year[9]. - Cash flow from operating activities for Q3 2021 was CNY 24,057,546.94, a decrease of 50.0% compared to CNY 48,074,184.57 in Q3 2020[23]. - The company experienced a 215.27% increase in cash flow from investing activities, totaling CNY 153,898,227.22, primarily due to the receipt of equity buyback funds[9]. - The net cash inflow from investment activities was CNY 153,898,227.22, a significant improvement compared to a net outflow of CNY 133,514,797.94 in the previous period[24]. - The total cash and cash equivalents at the end of the period reached CNY 141,942,034.58, up from CNY 59,257,609.94 at the beginning of the period, indicating a net increase of CNY 82,684,424.64[24]. Shareholder Information - The company had a total of 10,895 common shareholders at the end of the reporting period[11]. - The company disclosed plans for shareholding reductions by major shareholders, indicating potential changes in ownership structure[13]. Expenses - The company reported a significant decrease in sales expenses, which were CNY 1,659,789.63, down 64.17% compared to the previous year[9]. - Research and development expenses for Q3 2021 were CNY 8,310,346.90, down 20.0% from CNY 10,387,221.83 in the same period last year[20]. - The company reported a decrease in sales expenses to CNY 1,659,789.63 from CNY 4,632,895.79 in the previous year, a reduction of 64.2%[20]. Other Significant Events - The company is actively involved in litigation, with multiple updates on civil mediation and related progress reported throughout 2021[14]. - The company has undergone accounting policy changes and corrections, with announcements made regarding prior accounting errors and adjustments[14]. - The company recorded a credit impairment loss of CNY 547,331.45, compared to a loss of CNY -392,900.68 in the previous year[21]. - The company did not require adjustments to the initial balance sheet items due to the new leasing standards, as there were no applicable leasing assets at the beginning of the reporting period[25]. - The third-quarter report was not audited, which may affect the reliability of the financial data presented[26].