截至发稿，万里扬市值为130亿元。 每经AI快讯，万里扬（SZ 002434，收盘价：9.87元）10月24日晚间发布公告称，公司第六届第十次董 事会会议于2025年10月24日以通讯方式召开。会议审议了《公司2025年第三季度报告》等文件。 2025年1至6月份，万里扬的营业收入构成为：汽车零部件制造业占比94.97%，储能业务占比4.53%，融 资租赁收入占比0.5%。 （记者 王晓波） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每经头条（nbdtoutiao）——溢价近10万倍！知名品牌豪掷1.7亿元买2000股，目标公司注册资本仅1万 港元且还未营业！上交所都看不懂了：收购有何必要性？ ...

Core Viewpoint - Wanliyang (002434.SZ) reported a decline in revenue for the first three quarters of 2025, while net profit showed significant growth compared to the previous year [1] Financial Performance - The company achieved an operating income of 4.201 billion yuan, representing a year-on-year decrease of 2.14% [1] - The net profit attributable to shareholders of the listed company was 341 million yuan, reflecting a year-on-year increase of 32.58% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 232 million yuan, which is a year-on-year decrease of 2.69% [1]

Core Viewpoint - Wanliyang reported a slight decline in total revenue for the first three quarters of 2023, but a significant increase in net profit, primarily due to investment gains from share sales [1] Financial Performance - In Q3 2023, the company achieved revenue of 1.39 billion yuan and a net profit attributable to shareholders of 64.15 million yuan [1] - For the first three quarters of 2023, total revenue was 4.201 billion yuan, a year-on-year decrease of 2.14% [1] - The net profit attributable to shareholders for the same period was 341 million yuan, reflecting a year-on-year increase of 32.58% [1] - The net cash flow from operating activities was 649 million yuan, showing a year-on-year increase of 84.55% [1] Key Drivers - The increase in net profit was mainly due to the company's sale of 53 million shares of Zhejiang University Net New Technology Co., Ltd., resulting in an investment gain of 119 million yuan [1] - The rise in net cash flow from operating activities was attributed to an increase in cash received from sales and a decrease in cash paid for purchases compared to the previous year [1]

Core Viewpoint - Wanliyang (002434.SZ) reported a decline in both revenue and net profit for the third quarter of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the third quarter was 1.39 billion yuan, a year-on-year decrease of 10.65% [1] - The net profit attributable to shareholders of the listed company was 64.15 million yuan, down 12.02% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 56.57 million yuan, reflecting a year-on-year decline of 15.23% [1]

Core Insights - Wanliyang (002434) reported a decline in revenue and net profit for Q3 2025, with revenue at 1.39 billion yuan, a year-on-year decrease of 10.65%, and a net profit of 64.15 million yuan, down 12.02% [1] - For the first three quarters of 2025, the company achieved a revenue of 4.201 billion yuan, a year-on-year decrease of 2.14%, while net profit increased by 32.58% to 341 million yuan [1] Financial Performance - Q3 2025 revenue: 1.39 billion yuan, down 10.65% year-on-year [1] - Q3 2025 net profit: 64.15 million yuan, down 12.02% year-on-year [1] - First three quarters 2025 revenue: 4.201 billion yuan, down 2.14% year-on-year [1] - First three quarters 2025 net profit: 341 million yuan, up 32.58% year-on-year [1]

证券代码：002434 证券简称：万里扬 公告编号：2025-048 浙江万里扬股份有限公司 第六届监事会第九次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 浙江万里扬股份有限公司（以下简称"公司"）第六届监事会第九次会议通 知于 2025 年 10 月 20 日以电子邮件、书面形式送达公司全体监事，并于 2025 年 10 月 24 日以通讯方式召开，会议应参会监事 3 名，实际参会监事 3 名。会议 通知和召开程序符合《公司法》及《公司章程》的有关规定。会议以书面表决方 式通过了以下决议： 经审核，监事会认为：董事会编制和审核公司 2025 年第三季度报告的程序 符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了 公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 表决结果：3 票同意，0 票反对，0 票弃权。 特此公告。 浙江万里扬股份有限公司 监事会 2025 年 10 月 25 日 一、审议通过《公司 2025 年第三季度报告》 ...

第六届董事会第十次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 证券代码：002434 证券简称：万里扬 公告编号：2025-047 浙江万里扬股份有限公司 一、审议通过《公司 2025 年第三季度报告》 公司 2025 年第三季度报告详见巨潮资讯网（www.cninfo.com.cn）。 表决结果：9 票同意，0 票反对，0 票弃权。 特此公告。 浙江万里扬股份有限公司 董事会 2025 年 10 月 25 日 浙江万里扬股份有限公司（以下简称"公司"）第六届董事会第十次会议通 知于 2025 年 10 月 20 日以电子邮件、书面形式送达公司全体董事，并于 2025 年 10 月 24 日以通讯方式召开，会议应参会董事 9 名，实际参会董事 9 名。会议通 知和召开程序符合《公司法》及《公司章程》的有关规定。会议以书面表决方式 通过了以下决议： ...

万里扬公告，第三季度营收为13.9亿元，同比下降10.65%；净利润为6414.65万元，同比下降12.02%。 前三季度营收为42.01亿元，同比下降2.14%；净利润为3.41亿元，同比增长32.58%。 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,389,787,741.41, a decrease of 10.65% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥64,146,519.66, down 12.02% year-on-year, while net profit after deducting non-recurring gains and losses was ¥56,571,267.79, a decrease of 15.23%[5]. - Total operating revenue for the current period was CNY 4,201,459,909.59, a decrease of 2.14% from CNY 4,293,408,391.57 in the previous period[25]. - Total operating costs decreased to CNY 3,989,021,242.47, down 2.05% from CNY 4,072,891,338.68[25]. - Net profit for the current period was CNY 364,609,273.73, an increase of 37.25% compared to CNY 265,424,958.13 in the previous period[25]. - Total comprehensive income for the period reached ¥364,609,273.73, an increase from ¥265,424,958.13 in the previous period[27]. - Basic and diluted earnings per share increased to ¥0.26 from ¥0.20, reflecting a 30% growth[27]. Cash Flow - The net cash flow from operating activities increased by 84.55% year-on-year, totaling ¥648,670,528.64, due to higher cash receipts from sales and lower cash payments for purchases[5][13]. - Net cash flow from operating activities improved to ¥648,670,528.64, up from ¥351,487,789.56, representing an increase of 84.6%[28]. - Cash inflow from operating activities totaled ¥4,196,102,651.72, compared to ¥4,044,752,648.74 in the prior period, indicating a growth of 3.7%[28]. - Net cash flow from investing activities was ¥84,310,981.13, a significant recovery from a negative cash flow of -¥382,169,179.67 in the previous period[28]. - Cash and cash equivalents at the end of the period amounted to ¥573,573,777.50, up from ¥494,956,616.79, marking an increase of 15.9%[28]. - Cash inflow from financing activities decreased to ¥1,305,636,110.00 from ¥2,170,187,450.00, a decline of 40%[28]. - The company reported a net cash outflow from financing activities of -¥550,766,640.54, compared to a net inflow of ¥91,868,686.33 in the previous period[28]. - The company received ¥4,032,744,110.31 in cash from sales of goods and services, an increase from ¥3,829,629,937.88[27]. - The company’s total cash outflow from operating activities was ¥3,547,432,123.08, down from ¥3,693,264,859.18, indicating a decrease of 3.9%[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,202,538,605.43, a decrease of 4.40% from the end of the previous year[5]. - Total assets decreased to CNY 10,202,538,605.43 from CNY 10,671,944,067.61, reflecting a decline of 4.39%[24]. - Total liabilities decreased to CNY 4,255,371,592.35, down 11.80% from CNY 4,826,611,351.97[24]. - Non-current liabilities totaled CNY 670,759,455.61, a decrease of 30.67% from CNY 967,216,854.68[24]. - The company's equity attributable to shareholders increased to CNY 5,949,343,816.67, up from CNY 5,739,908,569.81, reflecting a growth of 3.65%[24]. Investments - The company's investment income for the period was ¥130,605,800, a significant increase from a loss of ¥2,227,000 in the same period last year, primarily due to the sale of shares in Zhejiang University Net New Technology Co., Ltd.[12]. - Investment income for the current period was CNY 130,605,823.11, compared to a loss of CNY 2,226,979.09 in the previous period[25]. - Long-term equity investments decreased by 60.02% due to the reduction of shares held in Zhejiang University Net New Technology Co., Ltd.[8]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 43,301[16]. - The largest shareholder, Wanliyang Group Co., Ltd., holds 30.21% of shares, totaling 396,588,144 shares, with 212,250,000 shares pledged[16]. - The total number of preferred shareholders is zero, indicating no preferred shares issued[18]. - The registered capital of Wanliyang Energy Company increased from RMB 20 million to RMB 21.678 million[19]. - The company's equity stake in Wanliyang Energy Company was diluted from 51% to 47.0523% after the capital increase[19]. Operational Changes - The company reported a 51.91% increase in construction in progress, mainly due to the addition of new equipment awaiting installation[9]. - The company's financial expenses decreased by 37.34% year-on-year, attributed to a significant reduction in bank borrowings and corresponding interest expenses[12]. - Research and development expenses increased to CNY 247,879,593.63, up 25.66% from CNY 197,306,574.42[25]. - The total current assets increased to RMB 4,534,429,711.72 from RMB 4,337,231,540.57[22]. - Accounts receivable decreased to RMB 1,585,002,475.91 from RMB 1,618,357,551.03[22]. - Inventory increased to RMB 1,201,414,455.30 from RMB 1,099,087,044.24[22].

Core Viewpoint - Wanliyang's stock price has shown significant volatility, with a year-to-date increase of 60.98%, but a recent decline of 5.85% over the last five trading days, indicating potential market fluctuations and investor sentiment shifts [1]. Financial Performance - For the first half of 2025, Wanliyang achieved a revenue of 2.812 billion yuan, representing a year-on-year growth of 2.69%, while the net profit attributable to shareholders was 277 million yuan, marking a substantial increase of 50.24% [2]. - Cumulatively, since its A-share listing, Wanliyang has distributed a total of 2.079 billion yuan in dividends, with 525 million yuan distributed over the past three years [3]. Shareholder and Market Activity - As of June 30, 2025, the number of shareholders for Wanliyang decreased by 8.48% to 39,300, while the average number of circulating shares per person increased by 9.26% to 33,356 shares [2]. - The stock's trading activity showed a net outflow of 7.816 million yuan from major funds, with significant buying and selling activity from large orders [1]. Company Overview - Wanliyang, established in October 2003 and listed in June 2010, is primarily engaged in the research, production, and sales of automotive transmissions and other automotive components, with 89.64% of its revenue derived from this core business [1]. - The company operates within the automotive industry, specifically in the automotive parts sector, and is involved in various concept sectors including energy storage and new energy vehicles [1].