TANAC(SZ:300461)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥69,417,459, a decrease of 41.64% compared to the same period last year[3] - The net profit attributable to shareholders was -¥7,950,014, representing a decline of 149.39% year-on-year[3] - The net profit after deducting non-recurring gains and losses was -¥8,998,839, down 173.50% from the previous year[3] - The basic earnings per share were -¥0.06, a decrease of 146.15% compared to the same period last year[3] - Total operating revenue for the third quarter was ¥245,879,520.62, a decrease of 15.4% compared to ¥290,846,981.23 in the previous period[20] - Net profit for the period was ¥12,453,587.90, down 76.3% from ¥52,538,777.34 in the same period last year[21] - Total comprehensive income for the period was CNY 11,745,925.36, a decrease from CNY 52,168,353.38 in the previous period[22] - Basic and diluted earnings per share were both CNY 0.1, down from CNY 0.43 in the previous period[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥525,380,644.20, a decrease of 7.46% from the end of the previous year[4] - The company's total assets decreased to ¥525,380,644.20 from ¥567,713,788.47, a decline of 7.5%[18] - Current assets totaled ¥384,202,339.79, down 12.5% from ¥439,116,608.31[16] - The total liabilities decreased to ¥335,144,172.29 from ¥420,373,022.58, a reduction of 20.3%[18] - The equity attributable to the parent company increased to ¥190,236,471.91 from ¥146,280,871.87, an increase of 30.0%[18] Cash Flow - The cash flow from operating activities was significantly negative, with a net cash flow of ¥22,791,089 for the year-to-date, compared to ¥137,761,36 in the previous year[3] - Net cash flow from operating activities surged by 850.30% to ¥22,791,089.55 due to reduced cash payments for goods[9] - Cash inflow from operating activities totaled CNY 241,619,711.52, down from CNY 273,403,424.35 in the previous period[25] - Cash outflow from operating activities was CNY 218,828,621.97, compared to CNY 271,005,128.72 in the previous period[25] - Net cash flow from investing activities was CNY -5,555,541.52, a decrease from CNY 133,382,605.42 in the previous period[26] - Cash inflow from financing activities was CNY 76,679,373.00, down from CNY 116,940,555.05 in the previous period[26] - Cash outflow from financing activities totaled CNY 104,025,407.42, compared to CNY 243,553,005.31 in the previous period[26] - The ending balance of cash and cash equivalents was CNY 78,137,900.01, compared to CNY 60,795,241.52 in the previous period[26] Expenses - Employee compensation decreased by 51.32% to ¥14,190,777.14 due to the payment of bonuses accrued in the previous year[9] - Tax payable decreased by 43.97% to ¥13,541,926.51 primarily due to tax payments deferred from the previous year[9] - Management expenses increased by 82.70% to ¥60,416,351.77 mainly due to increased equity incentive costs[9] - The company reported a significant increase in management expenses to ¥60,416,351.77, up 83.1% from ¥33,069,212.14[21] - Research and development expenses were ¥11,428,326.08, down 21.5% from ¥14,518,146.60[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,473[11] - The largest shareholder, Takeda Koji, holds 15.28% of shares, amounting to 19,833,342 shares[11] - The company plans to issue shares to specific targets as approved in the board meeting on August 16, 2021[13] - The arbitration period for a dispute regarding a share acquisition agreement has been extended to December 2, 2021[14] Other Information - The company’s construction in progress increased significantly, reflecting a 100% increase due to expansion projects[8] - The company’s accounts payable increased by 32.51%, amounting to ¥47,750,793.22, due to increased procurement of raw materials[8] - Inventory decreased to ¥123,307,962.34, a reduction of 19.0% compared to ¥152,160,634.42[16] - The third quarter report was not audited[27]