XAYS(000721)2021-10-24 16:00Revenue and Profitability - Revenue for Q3 2021 reached ¥128,548,597.75, an increase of 15.91% compared to the same period last year[4] - Net profit attributable to shareholders was -¥39,369,865.63, a decrease of 221.49% year-over-year[4] - The company’s basic earnings per share were -¥0.0789, a decrease of 222.04% year-over-year[4] - The net profit for Xi'an Catering Co., Ltd. in Q3 2021 was -102,472,526.39 CNY, compared to -83,027,975.71 CNY in Q3 2020, representing a decline of approximately 23.5% year-over-year[26] - The net profit attributable to the parent company was -101,150,313.46 CNY in Q3 2021, compared to -82,225,938.38 CNY in the same period last year, indicating a year-over-year increase in losses of about 23.0%[26] - The total comprehensive income for the company in Q3 2021 was -102,472,526.39 CNY, compared to -83,027,975.71 CNY in Q3 2020, reflecting a decline of approximately 23.5%[26] Cash Flow - The company reported a net cash flow from operating activities of -¥23,220,854.09, a 41.88% increase compared to the previous year[4] - Cash inflows from operating activities in Q3 2021 amounted to 394,515,714.36 CNY, a significant increase from 235,009,514.33 CNY in Q3 2020, representing a growth of approximately 67.8%[29] - Cash outflows from operating activities totaled 417,736,568.45 CNY in Q3 2021, compared to 274,965,740.36 CNY in the same period last year, marking an increase of about 52.0%[29] - The net cash flow from operating activities was -23,220,854.09 CNY in Q3 2021, an improvement from -39,956,226.03 CNY in Q3 2020, indicating a reduction in cash outflow by approximately 42.3%[29] - The net cash flow from investing activities was -173,798,706.97 CNY in Q3 2021, compared to -7,806,979.68 CNY in Q3 2020, showing a significant increase in cash outflow for investments[31] - The net cash flow from financing activities was 18,308,594.84 CNY in Q3 2021, a recovery from -4,822,024.73 CNY in Q3 2020, indicating a positive shift in financing cash flow[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,440,802,958.59, reflecting a 14.67% increase from the end of the previous year[4] - Total liabilities increased to CNY 913,708,021.45 from CNY 626,912,557.82, reflecting a growth of approximately 46%[21] - The company’s total equity decreased to CNY 527,094,937.14 from CNY 629,567,463.53, indicating a decline of approximately 16%[21] - Total current assets decreased from 383,212,970.17 to 231,108,096.65, a reduction of about 39.6%[17] - The company’s cash and cash equivalents decreased from 276,289,433.57 to 97,578,467.35, a decline of approximately 64.7%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,814[10] - Xi'an Tourism Group Co., Ltd. holds 21.04% of shares, amounting to 105,000,000 shares[10] - Xi'an Weide Industrial Development Co., Ltd. has pledged 26,681,250 shares, which are currently frozen[12] - The company has not disclosed any other shareholder relationships or concerted actions beyond those mentioned[12] Operational Costs and Expenses - The company’s management expenses increased by 37.84% year-over-year, primarily due to rental and property fees[9] - The company’s financial expenses increased by 284.04% year-over-year, attributed to new financing lease costs under the new leasing standards[9] - Total operating costs amounted to CNY 493,365,590.56, up from CNY 330,548,953.30, indicating a rise of about 49%[24] Investments and Development - The company has ongoing investments in new product development and market expansion strategies, although specific figures were not disclosed in the report[24] - The company is actively preparing for a non-public offering of up to 74,858,388 shares, approved by the China Securities Regulatory Commission[14] - The company has extended the validity period of the non-public offering resolution by 12 months[16] Inventory and Receivables - Accounts receivable increased from 25,982,635.32 to 29,843,593.76, an increase of about 14.5%[17] - Inventory rose from 29,955,001.26 to 41,112,880.83, reflecting a growth of approximately 37.5%[17]