任子行(300311) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥155,245,824.48, a decrease of 0.79% compared to the same period last year[3] - The net profit attributable to shareholders was -¥47,479,204.67, representing a significant decline of 491.25% year-on-year[3] - The basic earnings per share were -¥0.0705, down 491.67% from the previous year[3] - Net loss for Q3 2021 was CNY 80,986,231.84, compared to a net loss of CNY 49,671,743.69 in the same period last year[24] Cash Flow - Cash flow from operating activities showed a net outflow of -¥67,102,870.77, a decrease of 465.10% compared to the same period last year[3] - The net cash flow from operating activities was -67,102,870.77, a decline from -11,874,411.47 in the previous period[27] - Total cash inflow from operating activities was 679,864,325.46, down from 732,126,681.25[27] - Cash outflow from operating activities totaled 746,967,196.23, slightly increased from 744,001,092.72[27] - The net cash flow from financing activities was -73,706,476.08, compared to a positive 29,191,538.80 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,690,555,555.12, an increase of 0.91% from the end of the previous year[4] - Total liabilities increased to CNY 804,171,419.62 from CNY 707,548,359.13, reflecting a rise in current liabilities[20] - The company's equity attributable to shareholders decreased to CNY 826,984,423.88 from CNY 903,049,435.39[21] Inventory and Receivables - The company's inventory increased by 62% compared to the beginning of the year, mainly due to new projects increasing the amount of goods dispatched[9] - The accounts receivable remained relatively stable at RMB 388,149,857.90, slightly down from RMB 388,516,555.87 at the end of 2020[18] - The company's other receivables increased to RMB 52,115,422.63 from RMB 14,059,224.79, indicating a significant rise of approximately 270.5%[18] - The company’s prepayments rose to RMB 75,896,277.57 from RMB 33,127,734.51, marking an increase of about 129.0%[18] Financial Expenses and Cash Equivalents - The company's cash and cash equivalents decreased by 36% compared to the beginning of the year, primarily due to the repayment of bank loans and the reduction in the scope of consolidation[8] - The company's financial expenses decreased by 160% year-on-year, attributed to a reduction in short-term borrowings[8] - The company's cash and cash equivalents decreased to RMB 238,862,914.07 from RMB 374,104,587.77 at the end of 2020, representing a decline of approximately 36.2%[18] - The ending balance of cash and cash equivalents was 225,079,195.94, down from 300,516,298.48[28] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives[25] - The company has proposed a private placement of shares, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission[14] Legal Matters - The company is currently involved in ongoing litigation regarding performance compensation matters related to Tangren Digital and Paojiao Sizh, with appeals filed following unfavorable first-instance judgments[15][16] Other Financial Metrics - Research and development expenses rose to CNY 133,086,787.98 from CNY 118,935,513.83, indicating a focus on innovation[21] - The company reported a basic and diluted earnings per share of -0.1129, compared to -0.0727 in the previous year[24] - The company completed the transfer of 100% equity in Tangren Digital and Paojiao Sizh, receiving full payment from Feihua Culture by October 22, 2021[14] - The company reported a total of 139,272,226 restricted shares at the end of the period, with no new restrictions added during the current period[13]