GRKJ(SZ:300600)2022-04-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥45,786,511.37, a decrease of 55.02% 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 net profit attributable to shareholders decreased by 58.07% to 194.92 million yuan, primarily due to dividend distributions and significant impairment losses[12]. - The company reported a net loss of CNY 255,899,682.99 for Q3 2021, compared to a net profit of CNY 46,455,848.10 in the same period last year, indicating a significant decline in profitability[24]. - Operating profit for the quarter was CNY -296,277,440.35, a decrease from CNY 54,815,428.55 in Q3 2020, reflecting operational challenges[24]. - The total profit for the quarter was CNY -296,396,759.75, compared to CNY 54,903,073.36 in the previous year, showing a substantial drop in overall financial performance[24]. 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 company's equity attributable to shareholders decreased by 24.72% to ¥878,675,933.92 compared to the end of the previous year[5]. - The balance of short-term borrowings at the end of the reporting period was 325 million yuan, an increase of 58.54% compared to the beginning of the year, attributed to increased working capital loans[12]. - The company's total liabilities increased slightly to RMB 666,143,831.57, compared to RMB 650,095,391.95 at the end of 2020, marking a rise of 2.3%[21]. - The company reported a decrease in the number of shares outstanding, with the total equity attributable to shareholders dropping to RMB 878,675,933.92 from RMB 1,167,223,430.06 at the end of 2020[22]. 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]. - The company experienced a net cash outflow from operating activities of CNY -63,911,891.91, an improvement from CNY -83,541,589.55 in Q3 2020[28]. - Cash and cash equivalents at the end of the period increased to CNY 224,937,917.81 from CNY 198,310,947.57, indicating a positive cash flow trend despite operational losses[29]. - The company's net cash flow from financing activities increased by 133.43%, mainly due to an increase of 120 million yuan in bank working capital loans[13]. - Financing activities generated a net cash inflow of CNY 106,681,294.52, compared to CNY 45,701,570.11 in Q3 2020, reflecting improved financing conditions[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]. - The balance of inventory at the end of the reporting period was 196.18 million yuan, a decrease of 31.99% compared to the beginning of the year, mainly due to inventory write-downs[12]. - 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 other receivables at the end of the reporting period was 3.05 million yuan, an increase of 213.79% compared to the beginning of the year, mainly due to increased litigation service fees and bid deposits[12]. Impairment and Expenses - The company's credit impairment losses increased by 1,973.43% year-on-year, with a provision of 148.01 million yuan for credit impairment losses related to the multi-network cloud data processing communication machine business[12]. - The company faced credit impairment losses of CNY -175,463,755.15, a significant increase from CNY -8,462,503.02 in Q3 2020, indicating rising credit risk[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]. Other Financial Metrics - Non-recurring gains and losses for the period amounted to ¥113,953.98, with a year-to-date total of ¥715,256.94[9]. - The balance of deferred income tax assets increased by 611.32% to 47.72 million yuan, primarily due to increased asset impairment losses and the recognition of deferred tax assets[12]. - The company reported investment income of CNY 623,979.60, a recovery from a loss of CNY -540,250.21 in the same quarter last year[24]. - The company has not made any adjustments or restatements to previous years' accounting data[5]. - The third quarter report for 2021 was not audited, indicating a potential area for further scrutiny[35].