Sina Technology, November 24th, Cheetah Mobile released the Q3 financial report in 2021. In this quarter, the company's total income was 196 million yuan, reached the last quarter guidance, of which the Internet business achieved income of 160 million yuan, the ring is lost, AI and other income of 35.6 million yuan, increased by 62.8%. As of September 30, 2021, the company held cash and cash equivalents, limited funds and short-term investment of 1.853 billion yuan, long-term investment of 2.423 billion yuan.
In this quarter, the Cheetah Mall Robot drainage service and a number of small procedures accelerated. At present, the scope of the sales coupon has been expanded to more than 700 shopping malls. The coupons launched by more than 1,000 cooperative merchants have increased to more than 5,000, and the mainstream third-party coupon platforms in the industry will join in linkage drainage.
According to reports, the cheetah mall robot covers 41 core cities, 1,200 shopping malls, more than 12,000 robots, and 60 million passengers in average.
The third quarter results:
The total collection is RMB 196.1 billion (about $ 30.4 million), a decline in 46.3% year-on-year, down 7.4% from the previous month.
The revenue cost is RMB 74.4 million (about $ 11.5 million), a fell 34.5% year-on-year.
The hair profit was RMB 121.7 billion (about 18.9 million US dollars), fell 51.6% year-on-year, down 24.5%. Based on non-US General Accounting Standards, Hair Profit is RMB 121.9 billion (about $ 1890), a year-on-year decline in 51.6%, and a decline in a 10-year-earlier fell 24.5%.
The gross profit margin was 62.1%, while the same period of the previous year was 68.9%, and the previous quarter was 76.1%. Based on non-US General Accounting Standards, gross profit margin is 62.2%, while the same period of last year is 69.0%, the previous quarter is 76.3%.
Overall operating expenses were RMB 184.9 billion (about $ 28.7 million), a year-on-year decline in 51.0%, fell 15.9% from the previous month. Based on non-US General Accounting Standards, operating expenses are RMB 180.4 billion (about 28 million US dollars), fell 51.3% year-on-year, down 17.2%.
Operational loss is RMB 63.2 million (about $ 9.8 million), and the year-end operation loss is 1.26 billion yuan, and the operation loss of RMB 58.8 million in the last quarter. Based on non-US General Accounting Standards, the operating loss is RMB 58.55 million (about $ 9.1 million), and the year-round operation loss is 118.9 billion yuan, and the operation loss of RMB 56.4 million in the last quarter.
The equity reward expenditure RMB 4.7 million (about $ 700,000), and the same period last year is RMB 7.1 million, the last quarter is RMB 24.2 million.
The net loss attributable to the Cheetah Moveholder is RMB 49.5 million (about 7.7 million US dollars), and the net profit of the same period is RMB 259.2 billion, the net profit is RMB 900,000 in the last quarter.
Based on non-US General Accounting Standards, the net loss belongs to the Cheetah Move Shareholders is RMB44.7 million (about $ 6.9 million), and the net profit of RMB 266.3 million in the same period last year, the net profit in the previous quarter is RMB 3.3 million.
The US deposit stock (ADS) diluted by $ 0.34 (1 $ 0.05) per share is 1.82 yuan per share, and the ADS diluted earnings per share is 0.01 yuan per share in the same period last year.
Based on non-US General Accounting Standards, the US stock shares (ADS) diluted by $ 0.31 (about 0.05 US dollars) per share, while the previous year's ADS diluted earnings RMB 1.87, the previous quarter, the ADS diluted earnings per share 0.02 yuan.
As of September 30, 2021, Cheetah moves with cash, cash equivalents, restrictive cash and short-term investment of RMB 18.53.3 million (about $ 287.6 million).
Cheetah Mobile is expected that the total revenue in the fourth quarter of 2021 will reach RMB 130 million (about $ 20.2 million) to RMB 180 million (about $ 27.9 million).
The Cheetah Mobile Management team will hold a financial conference at 7am (Beijing time on November 24th, Beijing time), 8:00 on November 24th, Beijing, China. HTTP: / /IR.CMCM.com will The conference call is broadcast and the recording is provided.