GRKJ(SZ:300600)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥45,786,511.37, a decrease of 76.49% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥30,695,680.25, representing a decline of 277.48% year-on-year[5]. - The basic earnings per share for the period was -¥0.10, down 266.67% from the previous year[5]. - The company's operating revenue decreased by 56.82% compared to the same period last year, primarily due to a decline in contract order volume and fewer project deliveries[12]. - The company's net profit attributable to shareholders decreased to RMB 194,921,760.62, down 58.2% from RMB 464,843,799.70 in the previous year[22]. - The net profit for Q3 2021 was -255,899,682.99 CNY, compared to a net profit of 46,455,848.10 CNY in the same period last year, indicating a significant decline[24]. - Operating profit for Q3 2021 was -296,277,440.35 CNY, a decrease from the previous year's profit of 54,815,428.55 CNY[24]. - The total profit for Q3 2021 was -296,396,759.75 CNY, compared to a profit of 54,903,073.36 CNY in Q3 2020[24]. - The total comprehensive income attributable to the parent company for Q3 2021 was -255,485,581.43 CNY, compared to 46,455,848.10 CNY in Q3 2020[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,550,519,068.09, a decrease of 14.68% from the end of the previous year[5]. - The total assets of the company as of September 30, 2021, were RMB 1,550,519,068.09, a decrease of 14.7% from RMB 1,817,318,822.01 at the end of 2020[20]. - The total liabilities increased slightly to RMB 666,143,831.57 from RMB 650,095,391.95 at the end of 2020, representing a rise of 2.0%[21]. - The company's equity attributable to shareholders decreased by 24.72% to ¥878,675,933.92 compared to the end of the previous year[5]. - Current liabilities reached CNY 648,790,391.95, with short-term borrowings at CNY 205,000,000.00 and accounts payable at CNY 78,783,303.12[33]. - Total liabilities were CNY 650,095,391.95, while total equity stood at CNY 1,167,223,430.06[34]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥63,911,891.91, a decrease of 23.50% year-to-date[5]. - Cash flow from operating activities showed a net outflow of -63,911,891.91 CNY, an improvement from -83,541,589.55 CNY in the same quarter last year[28]. - The company's net cash flow from financing activities increased by 133.43% year-on-year, mainly due to an increase of 120 million yuan in bank working capital loans[13]. - Financing activities generated a net cash inflow of 106,681,294.52 CNY in Q3 2021, compared to 45,701,570.11 CNY in Q3 2020[29]. - The company's net increase in cash and cash equivalents was up by 124.52% year-on-year, primarily due to the increase in bank working capital loans[13]. - Cash and cash equivalents at the end of Q3 2021 amounted to 224,937,917.81 CNY, up from 198,310,947.57 CNY at the end of the previous quarter[29]. Inventory and Receivables - The company reported a significant decrease in accounts receivable, down 99.42% to ¥1,957,000, primarily due to the transfer and collection of commercial acceptance bills[11]. - Accounts receivable rose to RMB 462,275,499.73, up 11.6% from RMB 413,976,143.59 at the end of 2020[19]. - The balance of inventory at the end of the reporting period was 196.18 million yuan, a decrease of 31.99% from the beginning of the year, mainly due to inventory write-downs[12]. - Inventory decreased significantly to RMB 196,178,575.86, down 31.9% from RMB 288,476,658.65 at the end of 2020[19]. - The balance of other receivables at the end of the reporting period was 3.05 million yuan, an increase of 213.79% from the beginning of the year, mainly due to increased litigation service fees and bid deposits[12]. Impairment and Expenses - The company reported a credit impairment loss of 148.01 million yuan, a significant increase of 1,973.43% year-on-year, primarily related to the multi-network cloud data processing communication machine business[12]. - The company recorded a credit impairment loss of -175,463,755.15 CNY in Q3 2021, compared to -8,462,503.02 CNY in the previous year[24]. - Research and development expenses for Q3 2021 were RMB 11,394,898.22, an increase of 19.2% compared to RMB 9,559,672.97 in the same period last year[23]. - The company reported a significant reduction in financial expenses, which fell to RMB 6,828,415.13 from RMB 13,172,706.99 year-on-year, a decrease of 48.2%[23]. Other Financial Information - The company has not made any adjustments or restatements to previous years' accounting data[5]. - The balance of deferred income tax assets increased by 611.32% to 47.72 million yuan, mainly due to increased asset impairment losses and the recognition of deferred tax assets[12]. - The balance of investment properties at the end of the reporting period was 27.19 million yuan, an increase of 39.13% from the beginning of the year, due to the transfer of fixed assets to investment properties[12]. - The company's undistributed profits decreased by 58.07% to 194.92 million yuan, mainly due to dividend distributions and significant impairment losses[12]. - The third quarter report was not audited, indicating preliminary financial data[35].