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For the nine months ended 30 September 2021, Shangying Global Co Ltd revenues increased from RMB27.6M to RMB69.8M. Net loss decreased 56% to RMB40.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects General and Administrative Expenses decrease of 42% to RMB35.3M (expense), Credit impairment loss decrease of 85% to RMB3.3M (expense).
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 44.11 | 17.12 | 8.6 | 95.98 |
Gross Profit | -4.81 | -7.49 | -9.47 | -13.43 |
Operating Income | 12.54 | -29.85 | -27.37 | -273.43 |
Net Income | 12.55 | -29.72 | -23.67 | -318.14 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 1156.23 | 1349.05 | 1397.62 | 1435.34 |
Total Liabilities | 772.38 | 946.01 | 969.79 | 982.66 |
Total Equity | 383.86 | 403.04 | 427.83 | 452.68 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.62 | 1.26 | -2.48 | -60.03 |
Cash From Investing Activities | -0.02 | -0.02 | 0.06 | 37.93 |
Cash From Financing Activities | -1.35 | -2.81 | -0.04 | 9.13 |
Net Change in Cash | -2.68 | -1.53 | -2.48 | -13.31 |
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