*ST美尚(300495) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥4,402,747.81, a decrease of 99.04% compared to the same period last year, with a year-to-date revenue of ¥183,247,847.20, down 81.04% year-on-year[3]. - The net profit attributable to shareholders for Q3 2021 was -¥69,385,484.17, a decline of 239.22% year-on-year, with a year-to-date net profit of -¥55,542,663.39, down 161.90% compared to the previous year[3]. - The basic earnings per share for Q3 2021 was -¥0.1029, a decrease of 239.24% year-on-year, and the diluted earnings per share was also -¥0.1029, reflecting the same percentage decline[3]. - The net loss for Q3 2021 was CNY 57,061,612.17, compared to a net profit of CNY 88,170,882.44 in Q3 2020, indicating a shift in profitability[24]. - The total comprehensive loss for Q3 2021 was CNY 57,526,827.15, compared to a comprehensive income of CNY 87,762,586.08 in Q3 2020[24]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥6,979,997,623.42, a decrease of 4.66% from the end of the previous year[3]. - As of September 30, 2021, the company's total assets amounted to RMB 6,979,997,623.42, a decrease from RMB 7,321,522,867.53 at the end of 2020[19]. - The company's total liabilities decreased to CNY 4,644,503,659.98 from CNY 4,925,691,911.52, reflecting a reduction of approximately 5.7%[21]. - The total current liabilities decreased to RMB 3,000,000,000.00 from RMB 3,200,000,000.00, reflecting a reduction of approximately 6.25%[20]. - The company's total liabilities as of September 30, 2021, were RMB 3,000,000,000.00, down from RMB 3,200,000,000.00, indicating a decrease of approximately 6.25%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥63,680,524.44, down 66.87% compared to the same period last year[9]. - Operating cash flow for the current period is ¥63,680,524.44, a decrease of 66.8% compared to ¥192,233,121.58 in the previous period[26]. - Total cash inflow from operating activities is ¥451,401,134.48, down 58.8% from ¥1,096,782,001.90 year-on-year[26]. - Cash outflow from operating activities is ¥387,720,610.04, a reduction of 57.3% compared to ¥904,548,880.32 in the previous period[26]. - Net cash flow from financing activities improved to ¥225,270,702.94 from -¥325,351,597.13 in the previous period[27]. Equity and Investments - The total equity attributable to shareholders at the end of Q3 2021 was ¥2,283,945,064.83, a decrease of 2.51% from the previous year[4]. - The company's goodwill decreased to RMB 57,378,903.92 from RMB 60,189,069.34, a decline of about 4.7%[20]. - The company’s long-term equity investments remained stable at RMB 9,179,413.00, unchanged from the previous year[20]. - The company reported a total of RMB 39,618.36 million in funds returned by the controlling shareholder, with a remaining balance of RMB 59,477.54 million, which accounts for 15.38% of the latest audited net assets[17]. Operational Costs and Expenses - The company experienced a substantial decline in operating costs, which were ¥129,139,654.23 for Q3 2021, down 80.76% year-on-year, reflecting the drop in revenue[8]. - Total operating costs for Q3 2021 amounted to CNY 279,528,415.26, down 67.5% from CNY 861,158,195.65 year-on-year[23]. - Research and development expenses for Q3 2021 were CNY 13,408,926.88, down from CNY 19,729,632.38 in the same period last year, a decrease of 32.0%[23]. Credit and Impairment - The company reported a significant increase in credit impairment losses, amounting to ¥41,136,900.99, which is a 362.52% increase year-on-year[9]. - The company reported a credit impairment loss of CNY 41,136,900.99, significantly higher than CNY 8,894,097.05 in the previous year[23]. Government Subsidies and Other Income - The company reported a significant reduction in government subsidies received, which contributed to a decrease in other income by 68.65% year-on-year[8]. Miscellaneous - The report for the third quarter was not audited[33]. - The company has not disclosed any new product developments or market expansion strategies in this report[33].