Financial Performance - The company's operating revenue for the third quarter was ¥2,775,753,846.42, a decrease of 13.42% compared to the same period last year[4]. - The total profit for the quarter was ¥14,906,596.92, reflecting a significant decline of 94.22% year-on-year[4]. - The net profit attributable to shareholders was ¥5,119,284.84, down 96.16% compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses was ¥508,285.10, a decrease of 99.59% year-on-year[4]. - Total revenue for the reporting period decreased by 8.32% due to intensified market competition for main products like soda ash[10]. - The company reported a total profit of -85.79 million for the year-to-date, indicating a significant decline in profitability[10]. - Net profit for the first three quarters of 2025 was approximately ¥92.48 million, a significant decline of 87.1% compared to ¥714.16 million in 2024[28]. - Operating profit for the first three quarters of 2025 was approximately ¥135.28 million, down 85.2% from ¥914.77 million in the same period of 2024[28]. - Basic earnings per share for the first three quarters of 2025 was ¥0.0394, down from ¥0.3899 in 2024[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥25,241,703,296.44, an increase of 34.65% from the end of the previous year[5]. - The company's total assets amounted to 34.65 million, with new short-term borrowings contributing to this increase[10]. - The company's total liabilities increased to approximately ¥12.37 billion in 2025 from ¥5.56 billion in 2024, reflecting a growth of 122.5%[24]. - Total equity decreased to approximately ¥12.87 billion in 2025 from ¥13.18 billion in 2024, a decline of 2.3%[24]. - The total liabilities and equity combined reached approximately ¥25.24 billion in 2025, up from ¥18.75 billion in 2024, marking an increase of 34.8%[24]. - The total liabilities increased to CNY 5,641,452,173.49 in 2025 from CNY 1,357,623,450.18 in 2024, indicating a significant rise in financial obligations[33]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥164,423,643.76, an increase of 95.86% compared to the same period last year[4]. - Net cash flow from operating activities increased significantly to 95.86 million, driven by higher cash receipts from sales[10]. - The company's operating cash flow net amount was CNY 164,423,643.76, an increase of 96% compared to CNY 83,948,298.69 in the same period of 2024[29]. - Total cash inflow from operating activities decreased to CNY 4,524,778,762.52, down 19.5% from CNY 5,615,388,685.52 year-on-year[29]. - Cash outflow from operating activities also decreased to CNY 4,360,355,118.76, a reduction of 21.2% compared to CNY 5,531,440,386.83 in the previous year[29]. - The cash flow from operating activities showed a net outflow of CNY -2,691,487,077.97 in 2025, compared to CNY -785,708,539.72 in 2024, reflecting worsening cash flow conditions[38]. Investments and Acquisitions - The company reported a significant increase in accounts receivable by 220.85% year-to-date, attributed to the release of customer credit limits[9]. - The company has seen a 583.30% increase in intangible assets year-to-date due to the acquisition of mining rights[9]. - The company established a joint venture with PetroChina Taihu Investment Co., Ltd. to develop natural soda and related resources, with a registered capital of 40 million[15]. - The company acquired the natural soda mining rights in Tongliao City for RMB 6.80886 billion on June 16, 2025, and plans to fully exit its stake in Zhongyan Alkali Industry through capital reduction[16]. - The company reported investment income of approximately ¥23.90 million for the first three quarters of 2025, an increase from ¥9.56 million in 2024[27]. - The investment income for the first three quarters of 2025 was CNY 211,239,537.14, a significant decrease from CNY 1,793,531,764.44 in the same period of 2024[35]. Research and Development - Research and development expenses decreased by 37.59% compared to the same period last year, primarily due to a reduction in R&D projects[10]. - Research and development expenses for the first three quarters of 2025 were approximately ¥194.13 million, a decrease of 37.6% compared to ¥311.08 million in 2024[27]. - The company reported a significant increase in research and development expenses, which rose to CNY 1,038,229.13 in 2025 from CNY 615,389.98 in 2024, indicating a focus on innovation[35]. Financing Activities - Short-term borrowings increased by 313.94% year-to-date, indicating a rise in short-term bank loans[9]. - The net cash flow from financing activities was CNY 6,298,963,747.30, a turnaround from a negative cash flow of CNY -429,700,685.53 in the same period of 2024[30]. - The company received CNY 2,716,000,000.00 from borrowings in the first three quarters of 2025, indicating reliance on debt financing[39]. - The company's financial expenses included interest expenses of CNY 16,577,574.14 in 2025, compared to CNY 122,496.49 in 2024, reflecting increased borrowing costs[35].

Revenue and Profit - Revenue for Q3 2025 was ¥725,843,078.19, a decrease of 4.85% year-over-year, and year-to-date revenue was ¥2,144,272,826.63, down 9.71% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2025 was ¥91,730,865.68, a decline of 21.79%, while year-to-date net profit was ¥203,703,047.82, down 36.76% year-over-year[3] - Basic and diluted earnings per share for Q3 2025 were both ¥0.06, representing a decrease of 25.00% compared to the same period last year[3] - Total operating revenue for the current period is ¥2,144,272,826.63, a decrease of 9.7% compared to ¥2,374,747,034.79 in the previous period[16] - Net profit for the current period is 203,703,047.82, a decrease of 36.8% compared to 322,125,468.46 in the previous period[17] - Operating profit for the current period is 250,867,840.62, down from 375,131,320.00, reflecting a decline of 33.2%[17] - The company reported a total profit of 248,144,092.39, a decrease of 32.6% from 369,261,653.41 in the previous period[17] - Basic and diluted earnings per share are both 0.14, down from 0.21 in the previous period[17] Assets and Liabilities - Total assets at the end of Q3 2025 reached ¥5,761,869,744.82, an increase of 8.40% from the end of the previous year[3] - Total assets increased to ¥5,761,869,744.82 from ¥5,315,356,728.40, representing a growth of 8.4%[15] - Total liabilities rose to ¥1,358,582,320.57 from ¥1,007,772,351.97, an increase of 34.7%[15] - Non-current assets totaled ¥3,738,496,007.69, up from ¥2,990,570,185.81, indicating a growth of 25%[14] - The company's total equity increased to ¥4,403,287,424.25 from ¥4,307,584,376.43, a rise of 2.2%[15] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥341,091,122.74, a decrease of 27.76% compared to the same period last year[3] - Cash flow from operating activities is 341,091,122.74, a decrease of 27.8% from 472,170,961.95 in the previous period[19] - Total cash inflow from investment activities is 2,613,613,747.72, significantly higher than 897,543,396.15 in the previous period[20] - Cash flow from financing activities shows a net outflow of 122,976,805.92, compared to a net inflow of 29,706,771.97 in the previous period[20] - The ending balance of cash and cash equivalents is 577,355,023.76, down from 762,756,708.01 in the previous period[20] - The company's cash and cash equivalents decreased to ¥577,355,023.76 from ¥612,532,183.63, a decline of 5.7%[13] Expenses and Investments - Total operating costs for the current period are ¥1,899,096,822.45, down 7.1% from ¥2,043,939,886.74 in the previous period[16] - Research and development expenses increased to ¥177,688,292.04, up 23% from ¥144,524,574.09 in the previous period[16] - Investment income decreased by 74.10% year-over-year, attributed to reduced earnings from joint ventures[9] - The company reported an investment income of ¥17,056,397.07, down from ¥65,861,230.66 in the previous period, a decline of 74.1%[16] Shareholder Information - The company reported a total of 43,468 common shareholders at the end of the reporting period[10] Other Information - Other current assets increased by 93.85% year-over-year, primarily due to the addition of deductible VAT input tax[8] - Construction in progress rose by 181.17% year-over-year, mainly due to asset purchases by Nanjing Fengjing[8] - The company received tax refunds amounting to 2,666,686.18, compared to 934,450.33 in the previous period[20] - The company has not yet audited the third-quarter financial report[21]

Financial Performance - The company's operating revenue for Q3 2025 was ¥432,427,795.30, a decrease of 11.52% compared to the same period last year[6] - The total profit for the quarter was ¥29,517,467.84, reflecting a decline of 17.60% year-over-year[6] - The net profit attributable to shareholders was ¥16,822,762.78, down 13.04% from the previous year[6] - The basic earnings per share decreased to ¥0.043, a reduction of 14.00% compared to the same quarter last year[6] - Total operating revenue for the first three quarters of 2025 was CNY 1,283,343,678.21, a decrease of 8.6% compared to CNY 1,403,958,158.54 in the same period of 2024[23] - Net profit for the first three quarters of 2025 was CNY 56,410,813.45, a decline of 24.5% from CNY 74,763,054.21 in 2024[25] - Earnings per share for the first three quarters of 2025 were CNY 0.103, compared to CNY 0.112 in the same period of 2024, indicating a decrease of 8.0%[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,432,224,931.92, an increase of 3.41% from the beginning of the year[6] - The total assets increased to CNY 3,432,224,931.92 in 2025 from CNY 3,319,124,099.90 in 2024, representing a growth of 3.4%[21] - Total liabilities rose to CNY 1,056,617,280.42 in 2025, up from CNY 948,199,132.31 in 2024, marking an increase of 11.4%[21] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥120,334,065.80, a significant increase of 112.37% compared to the same period last year[6] - In the first three quarters of 2025, the net cash flow from operating activities was ¥120,334,065.80, a significant increase of 112.4% compared to ¥56,662,582.07 in the same period of 2024[29] - Total cash inflow from operating activities decreased to ¥1,471,898,891.91, down 7.4% from ¥1,589,865,590.51 in the previous year[29] - Cash outflow from operating activities also decreased to ¥1,351,564,826.11, a reduction of 11.8% compared to ¥1,533,203,008.44 in 2024[29] - The net cash flow from investing activities was ¥20,309,892.60, a turnaround from a negative cash flow of -¥5,837,490.35 in the same period last year[30] - Cash inflow from investing activities totaled ¥342,616,769.76, down 50.2% from ¥687,261,930.45 in 2024[30] - Cash outflow from investing activities decreased to ¥322,306,877.16, a decline of 53.5% compared to ¥693,099,420.80 in the previous year[30] - Cash flow from financing activities showed a net increase of ¥4,389,493.14, compared to a negative cash flow of -¥19,266,850.91 in the same period of 2024[30] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 30,169[12] - The largest shareholder, Nanjing Jinling Hotel Group Co., Ltd., holds 169,667,918 shares, accounting for 43.50% of total shares[12] Corporate Governance - The company plans to revise its articles of association and optimize its corporate governance structure[14] - The board of directors will increase from 10 to 11 members to enhance governance[15] - The company has no shareholders participating in margin trading or securities lending[13] Investments and Renovations - The company completed the acquisition of 100% equity in Jinling Fast Food Company in October 2024, which is now consolidated in the financial statements[7] - The company completed the equity custody of 11 hotels, which are now under integrated management[16] - The company has successfully completed the renovation of the Xi'an Jinling Zijinshan Hotel, which opened in July 2025[16] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 2,428,279.79, slightly higher than CNY 2,277,018.40 in 2024, indicating a focus on innovation[23] Financial Management - The company reported a financial expense of CNY 3,439,693.04 for the first three quarters of 2025, a decrease from CNY 9,532,751.37 in 2024, suggesting improved financial management[23]

上海步科自动化股份有限公司 2025 年第三季度报告 证券代码：688160 证券简称：步科股份 上海步科自动化股份有限公司 2025 年第三季度报告 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、准确性和完整性依法承担法律责任。 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。 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 1 / 13 1、"本报告期"指本季度初至本季度末 3 个月期间，下同。 2、如本公司 2024 年年度报告"第十节 财务报告、五、重要会计政策及会计估计、（40）重要会 计政策和会计估计的变更"所述，本公司将不属于单项履约义务的保证类质量保证费用，从"销 售费用"调整至"营业成本"，因此调整 2024 年前三季度财务报表"销售费用"和"营业成本" 项目，调增营业成本 2,503,2 ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 213,368,304.83, representing a year-on-year increase of 44.47%[2] - The total profit for the period was a loss of CNY 18,184,524.01, an increase in loss of 38.67% compared to the same period last year[2] - The net profit attributable to shareholders was a loss of CNY 20,501,987.34, reflecting a year-on-year increase in loss of 21.46%[2] - Total revenue for the first three quarters of 2025 reached ¥663.53 million, an increase of 13.8% compared to ¥583.08 million in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was a loss of ¥83.64 million, compared to a loss of ¥35.65 million in the same period of 2024[19] - Net profit for the first three quarters of 2025 was a loss of ¥84.50 million, compared to a loss of ¥34.46 million in 2024[19] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was CNY 6,782,638.40, showing a significant increase of 103.34%[2] - In the first three quarters of 2025, the net cash flow from operating activities was ¥6,782,638.40, a significant improvement compared to a net outflow of ¥202,786,580.65 in the same period of 2024[21] - Total cash inflow from operating activities for the first three quarters of 2025 was ¥853,268,173.66, up from ¥655,432,413.67 in 2024, representing an increase of approximately 30.2%[21] - The cash outflow from operating activities decreased slightly to ¥846,485,535.26 in 2025 from ¥858,218,994.32 in 2024, indicating improved cash management[21] - The total cash and cash equivalents at the end of Q3 2025 were ¥110,974,518.22, down from ¥126,743,051.32 in 2024, indicating a decrease of approximately 12.5%[22] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,104,341,542.49, a decrease of 3.49% from the end of the previous year[3] - Total current assets as of September 30, 2025, amounted to RMB 1,391,909,592.60, an increase from RMB 1,366,967,710.41 as of December 31, 2024, reflecting a growth of approximately 1.8%[14] - Cash and cash equivalents decreased to RMB 117,294,399.07 from RMB 124,377,692.71, representing a decline of about 5.4%[14] - Accounts receivable decreased to RMB 372,162,203.13 from RMB 406,493,252.53, indicating a reduction of approximately 8.4%[14] - Inventory increased significantly to RMB 201,164,200.77 from RMB 91,584,152.87, showing a growth of around 119%[14] - The company's total assets decreased from ¥2,180.52 million in 2024 to ¥2,104.34 million in 2025, a decline of approximately 3.5%[16] - Total liabilities decreased from ¥1,168.22 million in 2024 to ¥1,148.73 million in 2025, a reduction of about 1.7%[16] Shareholder Information - The company reported a total of 48,370 common shareholders at the end of the reporting period[10] - The largest shareholder, Zhu Bin, holds 143,578,861 shares, representing 10.90% of total shares[11] - The second-largest shareholder, Wang Jianjun, owns 134,180,000 shares, accounting for 10.19%[11] - The company has not reported any significant changes in shareholder participation in margin trading or securities lending[12] Operational Insights - The company actively expanded into new domestic and international markets, contributing to the increase in operating revenue[7] - The overall gross profit margin decreased year-on-year, impacting net profit and leading to asset disposals to optimize asset structure[7] - The company reported a significant increase in cash collection efforts, resulting in improved cash flow from operations[8] - Research and development expenses for the first three quarters of 2025 were ¥15.25 million, slightly down from ¥16.41 million in 2024[18] Investment and Financing Activities - Cash flow from investment activities showed a net inflow of ¥80,001,861.35 in 2025, compared to a net inflow of ¥17,698,157.42 in 2024, reflecting a growth of over 352%[22] - The company reported cash inflow from financing activities of ¥59,904,151.29 in 2025, a decrease from ¥451,502,159.79 in 2024, indicating a shift in financing strategy[22] - The net cash flow from financing activities turned negative at -¥95,054,339.19 in 2025, contrasting with a positive net flow of ¥213,764,210.82 in 2024, highlighting increased debt repayment[22] - The company received ¥119,990.30 in tax refunds in 2025, an increase from ¥76,632.40 in 2024, showing improved tax recovery efforts[21] - Cash inflow from the disposal of fixed assets and other long-term assets was ¥95,970,548.00 in 2025, significantly higher than ¥16,166,516.00 in 2024, indicating effective asset management[22] - The company did not report any cash inflow from investment recovery in 2025, contrasting with ¥53,905,868.81 in 2024, suggesting a change in investment strategy[22]

Financial Performance - The company's operating revenue for Q3 2025 was ¥187,360,322.71, representing a year-on-year increase of 19.92%[2] - Total profit for the period was ¥38,287,693.31, a decrease of 5.46% compared to the same period last year[2] - Net profit attributable to shareholders was ¥34,135,164.59, down 6.34% year-on-year[2] - Total operating revenue for the first three quarters of 2025 reached ¥497.76 million, an increase from ¥449.70 million in the same period of 2024, representing an increase of approximately 10.5%[17] - Net profit for the first three quarters of 2025 was ¥80.88 million, down from ¥98.22 million in 2024, reflecting a decrease of approximately 17.7%[18] - The company’s total profit for the first three quarters was ¥92.57 million, down from ¥110.29 million in the previous year, reflecting a decrease of approximately 16%[17] - Basic earnings per share for the current period was ¥0.56, compared to ¥0.67 in the previous year, indicating a decline of about 16.4%[18] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥158,782,923.42, showing an increase of 86.22%[2][7] - Cash flow from operating activities generated a net amount of ¥158.78 million, significantly higher than ¥85.26 million in the same period last year, showing an increase of approximately 86%[20] - Cash flow from investing activities resulted in a net outflow of ¥689.43 million, worsening from a net outflow of ¥300.28 million in the previous year[21] - The company reported a total investment cash inflow of ¥2.16 billion, compared to ¥2.68 billion in the same period last year, indicating a decrease of about 19%[21] - Cash and cash equivalents decreased to CNY 606,344,166.95 from CNY 708,995,661.73, a decline of about 14.5%[12][13] - Cash and cash equivalents at the end of the period totaled ¥106.34 million, down from ¥161.77 million at the end of the previous year, a decrease of approximately 34%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,010,887,197.87, an increase of 2.54% from the end of the previous year[3] - The company's total current assets reached CNY 2,347,369,320.70, compared to CNY 2,241,511,119.09 at the end of 2024, indicating an increase of about 4.7%[12][14] - The total liabilities stood at CNY 1,370,276,629.14, up from CNY 1,328,435,170.32, representing a rise of approximately 3.1%[14] - The total equity attributable to shareholders increased to CNY 1,637,720,462.94 from CNY 1,604,918,426.66, marking a growth of about 2.0%[14] Shareholder Information - The company reported a total of 4,207 common shareholders at the end of the reporting period[8] - The largest shareholder, Zhang Yi, holds 53.99% of the shares, totaling 77,616,000 shares[9] - The company has not reported any significant changes in shareholder participation in financing or securities lending activities during the reporting period[10][11] Research and Development - R&D expenses totaled ¥12,774,393.84 for the quarter, a decrease of 15.19% year-on-year, accounting for 6.82% of operating revenue[3] Operational Insights - The company experienced a significant increase in cash inflow from receivables due to enhanced collection efforts[7] - The company reported a significant increase in trading financial assets, which rose to CNY 686,450,604.06 from CNY 485,929,221.24, an increase of approximately 41.2%[12][13] - The accounts receivable increased to CNY 264,967,087.90 from CNY 253,912,457.18, showing a growth of about 4.3%[12][13] - The company's inventory decreased to CNY 500,654,706.22 from CNY 537,982,140.67, reflecting a reduction of approximately 6.9%[12][13] Future Strategies - The company’s management indicated a focus on expanding market presence and developing new technologies in future strategies[19]

Financial Performance - Revenue for Q3 2025 was CNY 455,214,092.89, a decrease of 20.53% year-over-year[7] - Net profit attributable to shareholders was CNY -1,501,863.54, a decline of 96.71% compared to the same period last year[7] - The weighted average return on equity was -0.24% for Q3 2025, a decrease of 5.90% year-over-year[7] - The net profit attributable to shareholders reached ¥7,084,572.04, a significant increase of 110.21% compared to the previous period, primarily due to improved cost control and the sale of a subsidiary[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,325,196.85, reflecting a 93.80% improvement, mainly driven by enhanced cost management[18] - Operating profit reached 4,344,968.81, compared to a loss of 60,883,687.04 in the prior period, indicating a substantial improvement[32] - The company reported a net profit of 7,211,281.19, a significant recovery from a net loss of 68,987,822.01 in the previous period, marking a turnaround of approximately 110.5%[32] - The total comprehensive income for the period was 7,486,948.86, compared to a loss of 68,335,764.04 in the prior period, showcasing a significant recovery[33] - Basic and diluted earnings per share were both ¥0.0509, representing a 110.25% increase influenced by the change in net profit[18] - Basic and diluted earnings per share improved to 0.0509 from a loss of 0.4964, reflecting a positive shift in profitability[33] Cash Flow and Liquidity - Net cash flow from operating activities for the year-to-date was CNY 112,119,618.78, an increase of 162.26%[7] - The net cash flow from operating activities was ¥112,119,618.78, marking a 162.26% increase, largely due to better collection of accounts receivable[18] - The company generated a net cash flow from operating activities of 112,119,618.78, a recovery from a negative cash flow of 180,071,797.94 in the previous period[36] - The company’s cash and cash equivalents at the end of the period stood at 52,772,478.33, down from 89,640,600.21, indicating a decrease in liquidity[36] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 2,435,338,610.23, down 2.66% from the end of the previous year[7] - Total current assets decreased from ¥1,425,004,082.63 to ¥1,334,431,802.65, a decline of approximately 6.4%[28] - Total liabilities decreased from ¥1,866,004,459.31 to ¥1,800,816,209.12, reflecting a reduction of about 3.5%[29] - Total assets decreased from ¥2,501,761,483.54 to ¥2,435,338,610.23, a decline of approximately 2.7%[29] Investment and Expenses - Research and development expenses for the year-to-date were CNY 19,709,646.78, a decrease of 47.12% compared to the same period last year[16] - Research and development expenses decreased to 19,709,646.78 from 37,272,375.03, a reduction of approximately 47.2%, indicating a shift in investment strategy[32] - Investment income increased significantly to CNY 8,620,989.10, a rise of 1,939.40% year-over-year[16] - The company incurred financial expenses of 31,386,952.57, slightly up from 29,843,815.38, primarily due to increased interest expenses[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,078, with no preferred shareholders having restored voting rights[20] - The largest shareholder, Yang Wenyu, holds 52.09% of the shares, amounting to 72,424,660 shares[20] - The top ten shareholders collectively hold significant stakes, with the first three shareholders accounting for over 68% of the total shares[20] - The company repurchased 2,240,985 shares, representing 1.61% of the total share capital, positioning it as the fifth largest shareholder[21] - The company has a total of 89,131,658 restricted shares, with 72,424,660 shares released during the reporting period[23] Future Plans - The company plans to continue focusing on cost control and improving cash flow management to enhance profitability in the future[18] - The company plans to invest up to ¥150 million in establishing wholly-owned subsidiaries in Vietnam, the Middle East, Indonesia, Kazakhstan, and Thailand for the construction of water-based acrylic emulsion production bases[24] Project Updates - The company terminated the Henan Puyang project, with the land use rights being returned to the local government[25] - The registered capital of Hong Kong Baolijia Supply Chain Co., Ltd. was increased from HKD 10,000 to HKD 1 million[24] - The company has completed the registration of "Baolijia Group International Limited" in Kazakhstan with a registered capital of 100,000 KZT[24] - In Indonesia, the company registered "PT BAOLIJIA NEW MATERIAL INDONESIA" with a registered capital of 10 billion IDR, focusing on industrial coatings and printing inks[24]

昊华化工科技集团股份有限公司 2025 年第三季度报告 证券代码：600378 证券简称：昊华科技 昊华化工科技集团股份有限公司 2025 年第三季度报告 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。 公司负责人王军、主管会计工作负责人何捷及会计机构负责人（会计主管人员）杨涛保证季度报 告中财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 16 昊华化工科技集团股份有限公司 2025 年第三季度报告 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 | | | | | 本报告期 | | 年初至报 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 比上年同 | | 告期末比 | | | | 项目 | 本报告期 | 上年同期 | | 期 ...

Financial Performance - The company's operating revenue for the third quarter was ¥39,302,605.42, representing a year-on-year increase of 4.44%[4] - The total profit for the period was a loss of ¥13,226,422.10, with a year-to-date loss of ¥44,617,167.06[4] - The net profit attributable to shareholders was a loss of ¥13,236,776.72 for the quarter, and a loss of ¥44,614,243.64 year-to-date[4] - The increase in operating revenue year-to-date by 42.98% was attributed to the completion of project deliveries that were delayed from the previous year[9] - The net loss for the first three quarters of 2025 was ¥44,614,243.64, compared to a net loss of ¥32,708,788.47 in the same period of 2024, indicating a worsening financial performance[21] - The company reported a total comprehensive loss of ¥44,614,243.64 for the first three quarters of 2025, worsening from a loss of ¥32,708,788.47 in 2024[21] Research and Development - Research and development expenses totaled ¥16,085,751.01 for the quarter, accounting for 40.93% of operating revenue, a decrease of 5.49 percentage points year-on-year[5] - Research and development expenses increased to ¥49,650,271.23 in 2025, compared to ¥47,542,064.55 in 2024, reflecting a focus on innovation[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,267,010,632.20, a decrease of 1.55% compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥773,917,646.83, an increase from ¥698,271,754.79 as of December 31, 2024[15] - Total non-current assets as of September 30, 2025, are ¥493,092,985.37, down from ¥588,663,914.93[16] - The total liabilities increased to ¥307,492,598.57 in 2025 from ¥271,245,030.15 in 2024, indicating a rise in financial obligations[20] - The total equity attributable to shareholders decreased to ¥959,518,033.63 in 2025 from ¥1,015,690,639.57 in 2024, reflecting a decline in shareholder value[20] Cash Flow - The company reported a net cash flow from operating activities of -¥25,483,015.39 year-to-date[4] - Cash flow from operating activities showed a net outflow of ¥25,483,015.39 in 2025, an improvement from a net outflow of ¥66,314,722.11 in 2024[23] - Investment activities generated a net cash flow of ¥17,935,494.24, compared to a negative cash flow of ¥10,859,872.74 in the previous period, indicating a significant improvement[24] - The net cash flow from financing activities was negative at ¥21,955,075.48, worsening from a negative ¥6,016,571.12 in the previous period[24] - The ending balance of cash and cash equivalents was ¥186,319,619.00, compared to ¥145,507,001.22 in the previous period, representing an increase of approximately 28.0%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,487[12] - The largest shareholder, Jiang Mingwu, holds 13,492,554 shares, representing 20.44% of total shares[12] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[25]

Financial Performance - The company's operating revenue for the third quarter was ¥142,615,399.97, a decrease of 17.55% compared to the same period last year[4] - The total profit for the quarter was ¥31,401,852.36, representing an increase of 35.31% year-on-year[4] - The net profit attributable to shareholders was ¥28,286,232.43, up 32.75% from the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,562,240.03, a significant increase of 152.98%[4] - The basic earnings per share for the quarter was ¥0.0802, reflecting a growth of 38.51% compared to the same period last year[5] - The net profit for the first three quarters of 2025 is CNY 34,237,396.22, an increase from CNY 30,770,165.28 in the same period of 2024, representing a growth of approximately 8.0%[20] - The total comprehensive income attributable to the parent company for the first three quarters of 2025 is CNY 34,481,243.86, compared to CNY 30,770,165.28 in 2024, marking an increase of about 12.0%[20] Cash Flow and Investments - The net cash flow from operating activities for the quarter was ¥23,212,140.36, an increase of 3.90% year-on-year[4] - The net cash flow from operating activities for the first three quarters of 2025 is -CNY 57,721,288.63, compared to -CNY 758,663.64 in 2024, showing a significant decline in cash flow[22] - The company reported an investment cash flow net of -CNY 53,103,754.27 for the first three quarters of 2025, an improvement from -CNY 246,291,188.28 in the same period of 2024[22] - The financing activities generated a net cash flow of CNY 8,371,831.95 in the first three quarters of 2025, contrasting with -CNY 116,065,246.78 in 2024, indicating a recovery in financing[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,956,751,621.65, a decrease of 0.78% compared to the end of the previous year[5] - Cash and cash equivalents as of September 30, 2025, were CNY 235,467,381.44, down from CNY 347,680,977.31 as of December 31, 2024, representing a decrease of 32.23%[13] - Total current assets decreased to CNY 627,234,148.73 as of September 30, 2025, from CNY 782,365,271.63 as of December 31, 2024, a decline of 19.83%[14] - Total liabilities decreased to CNY 373,611,848.21 as of September 30, 2025, from CNY 412,587,405.60 as of December 31, 2024, a reduction of 9.45%[15] - Total assets as of September 30, 2025, were CNY 1,956,751,621.65, slightly down from CNY 1,972,071,163.91 as of December 31, 2024[16] Shareholder Information - The company reported a total of 20,096 common shareholders at the end of the reporting period[11] - The largest shareholder, Xing Boyue, holds 19.63% of the shares, with 73,272,546 shares pledged[11] Research and Development - Research and development expenses increased to CNY 22,330,991.27 in the first three quarters of 2025, compared to CNY 20,283,032.38 in the same period of 2024, reflecting a growth of 10.12%[18] Accounting Standards - The company has not applied new accounting standards for the current reporting period[23]