旋极信息(300324) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥793,968,793.69, representing a 22.31% increase year-over-year[4] - The net profit attributable to shareholders was -¥28,193,954.20, a decrease of 94.62% compared to the same period last year[4] - The basic earnings per share were -¥0.0163, down 91.76% from the previous year[4] - Total revenue for the third quarter of 2021 was approximately ¥1.97 billion, an increase of 14.3% compared to ¥1.72 billion in the same period of 2020[35] - The net loss for the third quarter of 2021 was approximately ¥170.38 million, compared to a net loss of ¥48.78 million in the same quarter of 2020, indicating a significant increase in losses[37] - The total comprehensive income attributable to the parent company was -175,202,124.34 CNY, compared to -53,697,937.13 CNY in the previous period, indicating a significant decline[38] - The basic and diluted earnings per share were both -0.1011 CNY, a decrease from -0.0282 CNY in the same period last year[38] Assets and Liabilities - The total assets decreased by 4.12% to ¥6,393,074,734.71 compared to the end of the previous year[5] - Total assets decreased to approximately ¥6.39 billion as of September 30, 2021, down from ¥6.67 billion at the end of 2020, reflecting a decline of 4.1%[32] - Total liabilities decreased to approximately ¥2.38 billion, down from ¥2.53 billion at the end of 2020, indicating a reduction of 5.8%[33] - Total liabilities were approximately $2.53 billion, a decrease of $26.15 million[48] - Current liabilities reached approximately $2.28 billion, down by $8.59 million[48] Cash Flow - Cash flow from operating activities showed a net outflow of -¥112,354,216.02, a decline of 192.70% year-over-year[13] - Cash inflows from operating activities totaled 2,493,847,624.79 CNY, down from 2,735,547,703.22 CNY in the previous year, reflecting a decrease of approximately 8.8%[40] - The net cash flow from operating activities was -112,354,216.02 CNY, worsening from -38,384,944.04 CNY in the previous period[41] - Cash outflows from investing activities amounted to 451,895,988.23 CNY, compared to 384,572,736.75 CNY in the previous year, indicating an increase of approximately 17.5%[42] - The net cash flow from investing activities was -135,470,525.36 CNY, an improvement from -334,347,009.09 CNY in the previous period[42] - Cash inflows from financing activities were 86,607,949.00 CNY, a decrease from 373,478,466.00 CNY in the previous year, reflecting a decline of approximately 77.8%[42] - The net cash flow from financing activities was -174,038,785.63 CNY, slightly worsening from -168,243,879.40 CNY in the previous period[42] - The ending cash and cash equivalents balance was 1,174,354,914.02 CNY, down from 1,474,999,744.63 CNY in the previous year, representing a decrease of approximately 20.3%[42] - Cash and cash equivalents decreased to approximately ¥1.23 billion as of September 30, 2021, down from ¥1.74 billion at the end of 2020, representing a decline of 29.1%[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,473[14] - Chen Jiangtao holds 27.09% of shares, totaling 467,995,475 shares, with 432,242,442 shares pledged[14] - The top ten shareholders include state-owned and private entities, with the largest being Chen Jiangtao[16] - The total number of unrestricted shares held by Chen Jiangtao is 467,995,475[16] - Liu Xiping has 22,682,317 shares under lock-up, which can be released at a rate of 25% per year[18] - Chen Jiangtao's shareholding was affected by court decisions, resulting in a reduction of 80,000,000 shares, which is 17.09% of his holdings[23] Research and Development - Research and development expenses increased by 40.93% to ¥238,498,420.92 for the first nine months of 2021[11] - Research and development expenses for the third quarter of 2021 were approximately ¥238.50 million, which is a 40.9% increase from ¥169.24 million in the same period last year[35] Other Financial Information - The company recorded a non-operating income of ¥1,873,227.23, a decrease of 82.14% compared to the same period last year[11] - The company reported a significant increase in other income, totaling approximately ¥13.66 million for the third quarter of 2021, compared to ¥14.03 million in the same period of 2020[37] - The company applied for a credit limit of RMB 60 million from a bank, secured by property[21] - The company plans to conduct goodwill impairment testing due to underperformance in net profit expectations[29] - The company is facing challenges in project implementation in the smart city sector due to the ongoing pandemic[29] - The company reported a goodwill value of approximately $645.16 million, with no change[48] - The company has a long-term loan of $193 million, which remained stable[48] - The company recorded a contract liability of approximately $630.45 million, reflecting a new entry[48] - The company has a lease liability of approximately $17.56 million, with a reclassification of $8.63 million to current liabilities[49] - The company’s undistributed profits stood at approximately -$227.40 million, unchanged from the previous period[48]