FOET(300173)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was ¥251,530,131.85, a decrease of 6.37% compared to the same period last year, while year-to-date revenue increased by 112.66% to ¥1,042,834,705.17[3] - The net profit attributable to shareholders for Q3 2021 was a loss of ¥6,565,603.05, representing a decline of 214.10% year-on-year, while year-to-date net profit increased by 116.06% to ¥19,072,553.06[3] - The total operating revenue for the reporting period was CNY 1,042,834,705.17, an increase of 112.66% compared to the same period last year, primarily due to the consolidation of Funi Data and Huamao financial data, as well as increased revenue from Dongguan Chaoye[13] - The total operating cost for the reporting period was CNY 779,487,077.78, an increase of 110.95% year-on-year, mainly due to the increased revenue recognition from the newly consolidated Funi Data and Huamao financial data[13] - The total comprehensive income attributable to the parent company was CNY 19,072,553.06, up from CNY 8,827,611.83 in the previous period, representing an increase of approximately 115.4%[47] - The net cash flow from operating activities was negative at CNY -235,020,324.00, compared to a positive CNY 5,331,156.78 in the previous period[50] - The total cash inflow from operating activities was CNY 989,142,166.12, compared to CNY 558,994,860.88 in the previous period, indicating an increase of approximately 77.0%[48] Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥4,853,944,371.65, an increase of 34.78% compared to the end of the previous year[4] - The company's equity attributable to shareholders decreased by 1.58% to ¥1,533,348,896.01 compared to the end of the previous year[4] - Current liabilities totaled ¥3,127,424,237.62 in Q3 2021, compared to ¥1,947,934,243.98 in Q3 2020, representing an increase of approximately 60.5%[43] - The total liabilities as of Q3 2021 were ¥3,155,205,850.44, compared to ¥1,981,177,914.73 in Q3 2020, indicating an increase of about 59.7%[43] Cash Flow - The net cash flow from investing activities was CNY -51,013,505.65, an improvement from CNY -195,416,222.53 in the previous period[51] - The net cash flow from financing activities was CNY 500,853,541.06, compared to CNY 261,887,331.18 in the previous period, reflecting an increase of approximately 91.2%[51] - The total cash and cash equivalents at the end of the period reached CNY 421,467,220.64, up from CNY 169,303,894.31 at the end of the previous period, representing a growth of approximately 148.5%[51] Shareholder Information - The company reported a total of 71,141,592 restricted shares at the beginning of the period, with 5,355,057 shares released during the period, leaving 65,786,535 restricted shares at the end[26] - The company has a total of 154,029,247 unrestricted shares held by the largest shareholder, Foshan Public Utilities Holdings Co., Ltd.[22] - A significant shareholder, Guo Jingsong, and his associates reduced their holdings by 41,178,780 shares, accounting for approximately 5.60% of the total share capital[34] - The company plans to continue its share reduction plan, with the controlling shareholder intending to reduce holdings by up to 14.5 million shares, not exceeding 2% of the total share capital[31] Operational Highlights - The company achieved recognition as a "Little Giant" enterprise by the Ministry of Industry and Information Technology in August 2021, highlighting its technological innovation capabilities and market influence[27] - The company has been actively engaging with institutional investors to discuss its operational performance, technology reserves, and development plans[38] - The company completed the deregistration of its subsidiary, Zhongshan Dayu Crystal Intelligent Equipment Co., to optimize resource allocation and improve asset management efficiency[36] Research and Development - Research and development expenses for Q3 2021 were ¥38,928,618.85, compared to ¥30,434,854.31 in Q3 2020, indicating an increase of approximately 28.0%[44] Other Financial Metrics - Basic and diluted earnings per share increased to CNY 0.0260 from CNY 0.0200, marking a rise of 30%[47] - The company reported a significant increase in cash received from tax refunds, totaling CNY 25,976,478.76, compared to CNY 10,679,122.79 in the previous period, an increase of approximately 143.5%[48]