WYZK(SZ:300420)2021-10-27 16:00Revenue and Profit - Revenue for Q3 2021 was CNY 333,032,576.69, a decrease of 7.06% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 14,198,770.33, down 67.91% year-on-year[4] - The company reported a basic earnings per share of CNY 0.0127, a decrease of 75.00% year-on-year[4] - Net profit for the quarter was ¥81,418,830.27, a decrease of 41.2% from ¥138,563,843.11 in the previous year[22] - Earnings per share (EPS) for the quarter was ¥0.0731, down from ¥0.1703 in the same period last year[23] Cash Flow and Operating Activities - Cash flow from operating activities showed a net outflow of CNY 174,798,962.17, an increase of 91.24% in outflow compared to the previous year[10] - Operating cash inflow totaled CNY 1,170,914,793.26, an increase from CNY 1,030,306,803.53 in the previous year[25] - Net cash outflow from operating activities was CNY -174,798,962.17, compared to CNY -91,402,288.93 in the same period last year[25] - Cash outflow for purchasing goods and services was CNY 975,830,869.42, up from CNY 818,266,822.27 year-over-year[25] - Cash paid to employees increased to CNY 154,881,713.41 from CNY 134,962,766.66 in the previous year[25] - Cash paid for taxes rose to CNY 86,335,529.51, compared to CNY 60,680,662.50 in the same quarter last year[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,998,781,724.13, a 1.28% increase from the end of the previous year[5] - The company's current assets totaled RMB 2,734,448,549.13, slightly up from RMB 2,701,633,982.61 at the end of 2020[17] - Total liabilities stood at RMB 1,235,626,447.34, a slight increase from RMB 1,234,930,269.23[18] - The total equity attributable to shareholders of the parent company was ¥2,633,123,080.37, slightly up from ¥2,577,290,880.14 year-on-year[22] - The total cash and cash equivalents at the end of the period were CNY 451,802,639.73, compared to CNY 226,001,127.38 at the end of the previous year[26] Investment and Other Income - Investment income showed a loss of CNY 890,200.94, a decline of 124.49% due to losses from the sale of a subsidiary[10] - The company’s other income increased by 175.61% to CNY 40,978,882.13, mainly due to increased government subsidies[9] - The company reported a decrease in investment income, with a loss of ¥890,200.94 compared to a gain of ¥3,634,423.94 in the previous year[22] - Cash inflow from investment activities was CNY 129,061,839.57, compared to CNY 58,760,367.14 in the previous year[25] Shareholder Information and Legal Issues - The number of ordinary shareholders at the end of the reporting period was 40,896[12] - The company is currently facing legal issues, with nine bank accounts frozen, totaling RMB 6,098,278.80, due to a loan dispute involving its subsidiary[15] - Tianchen Intelligent failed to meet its performance commitment for 2020, resulting in a cash compensation obligation of RMB 2,482.75 million, which remains unpaid as of the report date[15] Research and Development - Research and development expenses increased to ¥71,291,683.71, compared to ¥55,997,093.05 in the previous year, reflecting a growth of 27.5%[21] Financial Performance Metrics - The weighted average return on equity was 0.55%, down 1.09% from the previous year[4] - The company experienced a credit impairment loss of ¥14,512,585.24, worsening from a loss of ¥12,929,608.06 in the previous year[22] Equity and Ownership Changes - The company completed the equity transfer of Huayiqi, acquiring 100% ownership after a performance compensation agreement, with a cash compensation of RMB 618.74 million received[14]