Minkave(SZ:300506)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 was ¥94,023,808.99, a decrease of 52.70% compared to the same period last year[2] - The net profit attributable to shareholders was -¥91,243,739.09, reflecting a significant decline of 2,410.43% year-on-year[2] - The company reported a basic earnings per share of -¥0.14, a decrease of 1,500.00% year-on-year[2] - The net loss for Q3 2021 was ¥88,226,571.41, compared to a net loss of ¥60,292,025.02 in Q3 2020, reflecting a deterioration in performance[22] - The company's operating profit for Q3 2021 was reported at -¥84,938,540.46, compared to -¥72,944,514.35 in the same quarter last year[22] Cash Flow - The net cash flow from operating activities was -¥44,488,838.03, an improvement of 86.77% compared to the previous year[8] - Cash flow from operating activities for the current period was ¥475,970,825.36, compared to ¥414,280,004.27 in the previous period[25] - The total cash inflow from investment activities was 96,949,678.87 CNY, compared to 24,874,019.24 CNY in the same period last year[27] - The net cash flow from financing activities was -276,136,412.24 CNY, a significant decrease from a positive 17,500,660.72 CNY in the previous year[27] - The total cash and cash equivalents at the end of the period stood at 55,921,700.62 CNY, down from 360,521,851.74 CNY year-over-year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,554,961,941.50, down 16.40% from the end of the previous year[2] - The total current assets decreased from 2,293,954,052.22 yuan at the end of 2020 to 1,889,632,474.12 yuan, a decrease of approximately 17.6%[17] - Total liabilities were reported at ¥1,297,807,450.69, down from ¥1,596,061,011.43 in the previous year[19] - The company's equity attributable to shareholders was ¥1,256,732,865.17, a decrease from ¥1,332,402,200.98 in the previous year[19] - The report indicates a significant amount of accounts payable at CNY 621,023,730.34, contributing to the current liabilities[31] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,527[10] - The largest shareholder, Cheng Zongyu, holds 22.38% of shares, totaling 146,621,996 shares, with 76,410,000 shares pledged and 73,465,457 shares frozen[10] - The number of shares held by the top ten shareholders with unlimited sale conditions includes 74,556,697 shares held by China Emerging Group[11] Investments and Projects - The company won a bid for the Jiuquan urban night tourism environment improvement project with a bid amount of 149,887,906.34 yuan[14] - The company plans to invest in the Shijiazhuang Central Business District 5G smart pole project and a multi-story parking project, with estimated total investments of 11,581.32 million yuan and 3,500 million yuan, respectively[14] - The company transferred 55% equity of Zhejiang Yongqi Lighting Engineering Co., Ltd. for a price of 28,050,000 yuan, receiving 50% of the payment as a guarantee for performance betting[14] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥36,066,990.13 for Q3 2021, compared to ¥36,215,990.21 in the previous year[22] Adjustments and Standards - The company has adjusted its financial statements in accordance with new leasing standards, impacting the balance sheet[28] - The company has not undergone an audit for the third quarter report[33] - The report does not provide specific performance metrics or future guidance for upcoming quarters[34]