Core Viewpoint - New Australia Holdings reported Q3 2025 revenue, net profit attributable to shareholders, and net profit excluding non-recurring items of 1.34 billion, 107 million, and 103 million CNY respectively, showing year-on-year growth of 1.90%, 2.76%, and 11.08% driven primarily by double-digit growth in cashmere business [1] Financial Performance - Q3 2025 revenue reached 1.34 billion CNY, with a year-on-year increase of 1.90% [1] - Net profit attributable to shareholders was 107 million CNY, reflecting a 2.76% increase year-on-year [1] - Net profit excluding non-recurring items was 103 million CNY, marking an 11.08% year-on-year growth [1] Business Insights - The double-digit growth in net profit excluding non-recurring items is mainly attributed to the cashmere business [1] - The company operates in the upstream segment, with trade war impacts being indirect; however, potential demand decline in downstream markets could pose risks [1] - The Australian wool market has seen a 19.9% increase in the Eastern Market Indicator, currently at 1247 AUD cents per kilogram, indicating a recovery from lower levels [1] Operational Developments - Subsidiaries New Australia Vietnam and New Australia Yinchuan are gradually commencing production, leading to some depreciation pressure with fixed asset additions of 500 million and 300 million CNY for 2023 and 2024 respectively [1] - Cashmere production capacity utilization is improving, but there is still room for enhancement in quality and efficiency [1] - The company is restructuring to drive gross margin improvements, with the UK subsidiary Duncan attracting external investment from BARRIE to strengthen ties with high-end clients [1] Strategic Outlook - The company plans to continue implementing a broadband strategy, expanding yarn categories and customer base into sports, outdoor, woven, home textiles, and industrial textiles [1] - Compared to domestic and international competitors, the company possesses rapid response capabilities, advanced equipment levels, and significant cost advantages, positioning it well to capture market share [1] - The investment rating is maintained at "Buy" [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance in the coming months [4][7]. Core Insights - The company reported a revenue of 3.89 billion yuan for Q1-Q3 2025, reflecting a year-on-year increase of 1%, while the net profit attributable to shareholders was 380 million yuan, up 2% year-on-year [1]. - The gross profit margin improved by 0.9 percentage points to 20.2% for Q1-Q3 2025, indicating enhanced profitability [1]. - The report anticipates that rising wool prices since September 2025 will positively impact the company's order volume and sales in Q4 2025 [2][4]. Summary by Sections Financial Performance - For Q1-Q3 2025, the company's revenue was 3.89 billion yuan, with a net profit of 380 million yuan, and a non-recurring net profit of 370 million yuan, showing a 5% increase year-on-year [1]. - In Q3 alone, revenue reached 1.34 billion yuan, up 2% year-on-year, with a non-recurring net profit of 110 million yuan, reflecting an 11% increase [1]. - The gross profit margin for Q3 improved to 17.6%, a 1.1 percentage point increase year-on-year [1]. Business Segmentation - The report highlights that the cashmere yarn segment saw a year-on-year revenue growth of 10% to 20%, while the fine wool yarn segment experienced a decline in revenue [2]. - The gross profit margins for the fine wool and cashmere yarn segments were reported at 28.8% and 13.5% respectively for H1 2025, indicating steady improvement [2]. Future Outlook - The company is expected to see healthy revenue growth in Q4 2025 due to increased orders driven by rising wool prices and inventory replenishment needs [4]. - The report projects the net profit attributable to shareholders for 2025 to reach 455 million yuan, with further growth expected in subsequent years [4][6]. Capacity Expansion - The company is actively expanding its production capacity to meet growing customer demand, with several projects set to come online in 2025 [3]. - By the end of Q3 2025, the company's inventory increased by 14.7% year-on-year to 2.06 billion yuan, reflecting proactive inventory management [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误导性陈 述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 ■ 注："本报告期"指本季度初至本季度末3个月期间，下同。 （二）非经常性损益项目和金额 √适用 □不适用 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 单位：元 币种：人民币 单位:元 币种:人民币 ■ 对公司将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号一一非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 □适用 √不适用 （三）主要会计数据、财务指标发生变动的情况、原因 □适用 √不适 ...

Core Insights - The company reported a revenue of 1,340,036,357.80 yuan for the third quarter of 2025, representing a year-on-year growth of 1.90% [1] - The net profit attributable to shareholders of the listed company was 106,767,298.46 yuan, showing a year-on-year increase of 2.76% [1] Financial Performance - Revenue for Q3 2025: 1,340,036,357.80 yuan, up 1.90% year-on-year [1] - Net profit for Q3 2025: 106,767,298.46 yuan, up 2.76% year-on-year [1]

Core Viewpoint - Xin'ao Co., Ltd. (603889.SH) reported a slight increase in revenue and net profit for the first three quarters of 2025, indicating stable financial performance despite a challenging market environment [1] Financial Performance - The company achieved a revenue of 3.894 billion yuan for the first three quarters, representing a year-on-year growth of 0.60% [1] - The net profit attributable to shareholders reached 377 million yuan, reflecting a year-on-year increase of 1.98% [1] - The non-recurring net profit was 371 million yuan, showing a year-on-year growth of 5.25% [1] - Basic earnings per share stood at 0.52 yuan [1]

Group 1 - The core point of the article is that Xin'ao Co., Ltd. (SH 603889) held its 24th meeting of the 6th board of directors on October 27, 2025, where the company's Q3 2025 report was reviewed [1] - For the year 2024, Xin'ao Co., Ltd.'s revenue composition is as follows: wool textile accounts for 99.22%, while other businesses account for 0.78% [1] - As of the time of reporting, Xin'ao Co., Ltd. has a market capitalization of 5.8 billion yuan [1] Group 2 - The article also mentions a significant development in the private shipping industry, where a private shipping tycoon has taken over Shanshan Group, leading to a complex restructuring involving mysterious stakeholders [1]

（记者 王晓波） 每经AI快讯，新澳股份（SH 603889，收盘价：7.98元）10月27日晚间发布三季度业绩公告称，2025年 前三季度营收约38.94亿元，同比增加0.6%；归属于上市公司股东的净利润约3.77亿元，同比增加 1.98%；基本每股收益0.52元，同比增加0%。 截至发稿，新澳股份市值为58亿元。 每经头条（nbdtoutiao）——独家丨民营船王入主杉杉集团横生枝节 重整联合体浮现神秘组局人 ...

浙江新澳纺织股份有限公司（以下简称"公司"）第六届董事会第二十四次 会议于 2025 年 10 月 27 日在公司会议室以现场方式召开，本次会议通知于 2025 年 10 月 17 日以书面、电话等方式通知全体董事、高级管理人员。会议由董事长 沈建华先生召集并主持，会议应出席董事 9 人，实际出席董事 9 人。本次会议的 召集和召开程序符合《公司法》和《公司章程》的规定，会议合法有效。 二、董事会会议审议情况 （一）审议并通过了《公司 2025 年第三季度报告》 本议案事前已经公司董事会审计委员会审议通过，并同意提交至公司董事会 审议。 表决结果：同意 9 票、反对 0 票、弃权 0 票。 证券代码：603889 证券简称：新澳股份 公告编号：2025-045 浙江新澳纺织股份有限公司 第六届董事会第二十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 浙江新澳纺织股份有限公司董事会 2025 年 10 月 28 日 特此公告。 ...

Market Overview - The textile manufacturing sector increased by 0.84% compared to the previous trading day, with Fu Chun Dyeing and Weaving leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance - Notable gainers in the textile manufacturing sector included: - Li Shi Sen Xin (605189) with a closing price of 19.11, up 7.48% with a trading volume of 98,700 shares and a turnover of 184 million yuan [1] - Gu Qi Rong Cai (001390) closed at 27.30, up 2.52% with a trading volume of 79,600 shares and a turnover of 218 million yuan [1] - Yun Zhong Ma (603130) closed at 40.88, up 1.92% with a trading volume of 28,800 shares and a turnover of 118 million yuan [1] Fund Flow Analysis - The textile manufacturing sector experienced a net outflow of 69.19 million yuan from institutional funds, while retail investors saw a net inflow of 85.24 million yuan [2] - The top stocks by net inflow from retail investors included: - Li Shi Sen Xin (605189) with a net inflow of 14.86 million yuan [3] - Bai Long Dong Fang (662109) with a net inflow of 10.31 million yuan [3] - Xin Long Holdings (000955) with a net inflow of 6.24 million yuan [3]

Financial Performance - The company's operating revenue for the third quarter reached CNY 1,340,036,357.80, representing a year-on-year increase of 1.90%[4] - The total profit for the quarter was CNY 135,890,900.88, reflecting a growth of 6.73% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 106,767,298.46, which is an increase of 2.76% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 103,377,238.06, showing an increase of 11.08% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.15, while the diluted earnings per share also stood at CNY 0.15, marking a 7.14% increase year-on-year[5] - Total operating revenue for the first three quarters of 2025 reached CNY 3,894,477,767.08, a slight increase from CNY 3,871,374,868.10 in the same period of 2024, representing a growth of approximately 0.6%[19] - Net profit for the first three quarters of 2025 was CNY 406,125,848.37, compared to CNY 391,378,615.45 in 2024, indicating an increase of approximately 3.7%[20] Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 6,574,555,563.03, which is a 15.56% increase from the end of the previous year[5] - The company's total liabilities increased to CNY 2,628,665,530.58 from CNY 2,138,194,029.31, marking a rise of about 22.9%[16] - The total equity attributable to shareholders rose to CNY 3,596,713,850.83 from CNY 3,403,635,216.49, an increase of approximately 5.7%[16] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 243,851,082.33, showing a decrease of 8.32%[5] - Cash inflow from operating activities for the first three quarters of 2025 was approximately $3.76 billion, a slight increase from $3.73 billion in the same period of 2024, reflecting a growth of about 0.82%[23] - Net cash flow from operating activities decreased to approximately $243.85 million in 2025 from $265.97 million in 2024, representing a decline of about 8.31%[24] - The cash flow from operating activities was positively impacted by a tax refund of approximately $123.15 million in 2025, compared to $97.21 million in 2024, representing an increase of about 26.77%[23] Shareholder Information - The company reported a total of 16,027 common shareholders at the end of the reporting period[10] - Zhejiang Xin'ao Industrial Co., Ltd. holds the largest share with 30.50% of total shares outstanding[10] - The top ten shareholders collectively hold significant stakes, with the largest individual shareholder, Shen Jianhua, owning 14.22%[10] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 85,771,825.18, slightly down from CNY 86,510,545.11 in 2024[19] Financial Accuracy and Compliance - The company has ensured the accuracy and completeness of the financial information in the report, with all responsible parties bearing legal liability for any misstatements[2] Investment Activities - Cash outflow from investment activities in the first three quarters of 2025 was approximately $350.54 million, significantly lower than $617.72 million in 2024, indicating a reduction of about 43.29%[24] - The cash paid for purchasing fixed assets and other long-term assets in 2025 was approximately $210.35 million, a significant decrease from $605.71 million in 2024, reflecting a reduction of about 65.32%[24] Other Comprehensive Income - The company’s other comprehensive income after tax increased to CNY 15,225,197.31 from CNY 8,977,552.93, representing an increase of approximately 69.5%[21]