江苏如通石油机械股份有限公司 2025 年第三季度报告 证券代码：603036 证券简称：如通股份 江苏如通石油机械股份有限公司 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、监事会及董事、监事、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。 □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 | 项目 | 本报告期 | 本报告期比上 年同期增减变 | | 年初至报告期末 | 年初至报告 期末比上年 | | --- | --- | --- | --- | --- | --- | | | | 动幅度(%) | | | 同期增减变 | | | | | | | 动幅度(%) | | 营业收入 | 99,365,235.42 | | 1.31 | 312,626,845. ...

Financial Performance - The company's operating revenue for the third quarter was ¥892,136,929.87, a decrease of 5.99% compared to the same period last year[4]. - The total profit for the quarter was ¥29,699,477.81, down 6.67% year-on-year[4]. - Net profit attributable to shareholders was ¥26,299,908.65, reflecting a year-on-year increase of 39.01%[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,966,510.80, up 78.69% compared to the same period last year[4]. - The basic earnings per share for the quarter was ¥0.08, an increase of 33.33% year-on-year[4]. - Total operating revenue for the first three quarters of 2025 reached ¥2,728,120,019.70, an increase of 14.9% compared to ¥2,374,381,716.56 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was ¥85,857,415.58, representing a 37.5% increase from ¥62,473,486.34 in the same period of 2024[20]. - Earnings per share for the first three quarters of 2025 were ¥0.25, compared to ¥0.16 in the same period of 2024, indicating a significant improvement[21]. - The company reported a total of 26,994 ordinary shares outstanding at the end of the reporting period[11]. - The company’s total profit for the first three quarters of 2025 was ¥84,208,646.91, compared to ¥27,636,507.19 in 2024, reflecting a growth of 204.5%[30]. Assets and Liabilities - The total assets at the end of the quarter were ¥7,137,656,086.85, representing a 9.27% increase from the end of the previous year[5]. - The total assets as of September 30, 2025, amounted to RMB 7,137,656,086.85, an increase from RMB 6,531,948,941.04 as of December 31, 2024, reflecting a growth of approximately 9.3%[16]. - Current assets totaled RMB 4,847,856,452.61, up from RMB 4,140,062,821.47, indicating an increase of about 17.1%[15]. - The total liabilities increased to ¥4,634,963,572.82 in 2025 from ¥3,979,107,044.01 in 2024, marking a rise of 16.4%[17]. - The total current liabilities were RMB 2,870,096,896.54, compared to RMB 2,752,501,657.02, reflecting an increase of about 4.3%[16]. - Long-term borrowings increased significantly to RMB 1,492,764,480.02 from RMB 1,103,571,465.88, representing a growth of approximately 35.3%[16]. - The company's total liabilities increased to CNY 3,525,885,452.89 from CNY 3,078,186,982.66, representing a growth of approximately 14.5%[28]. Cash Flow - The net cash flow from operating activities for the quarter was ¥145,915,200.15, not applicable for year-on-year comparison[4]. - The net cash flow from operating activities was CNY 165,746,389.38, a significant improvement from a negative CNY 364,071,490.75 in the previous period[24]. - Cash received from sales of goods and services in the first three quarters of 2025 was ¥1,961,567,533.70, an increase from ¥1,549,822,240.15 in 2024, showing a growth of 26.5%[23]. - Cash inflow from operating activities totaled ¥1,604,050,692.08 in 2025, compared to ¥1,358,510,290.39 in 2024, marking an increase of 18.0%[31]. - The company's cash and cash equivalents at the end of the period amounted to CNY 1,245,346,134.13, up from CNY 877,949,248.41, reflecting a net increase of CNY 248,924,800.33[25]. - Total cash inflow from financing activities reached CNY 1,318,093,793.35, compared to CNY 1,007,226,053.92 in the prior period, indicating a 31% increase[25]. Shareholder Information - The top shareholder, Yang Zemin, holds 52,618,391 shares, representing 15.83% of the total shares[11]. - The company has not reported any significant changes in shareholder structure or any related party transactions during the reporting period[12]. Research and Development - Research and development expenses for the first three quarters of 2025 were ¥31,203,561.21, slightly down from ¥32,207,154.22 in 2024[20]. - Research and development expenses for the first three quarters of 2025 were ¥20,634,269.86, a decrease of 7.0% from ¥22,176,887.49 in 2024[29]. Financial Management - The company reported a decrease in financial expenses to ¥16,208,336.79 in 2025 from ¥670,542.11 in 2024, indicating improved financial management[20]. - Financial expenses increased to ¥4,644,504.58 in 2025 from ¥3,475,478.38 in 2024, with interest expenses rising to ¥36,605,864.82 from ¥27,287,247.66[29]. - The company reported an investment loss of ¥1,958,968.30 in 2025, contrasting with an investment gain of ¥7,256,950.36 in 2024[30].

张小泉股份有限公司 2025 年第三季度报告 证券代码：301055 证券简称：张小泉 公告编号：2025-070 张小泉股份有限公司 2025 年第三季度报告 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.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)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度财务会计报告是否经过审计 □是 否 1 张小泉股份有限公司 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 公司是否需追溯调整或重述以前年度会计数据 □是 否 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。 | | 本报告期 | 本报告期比上年 | 年初至报告期末 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 同期增减 | | 比上年同期增减 | | 营业收入（元） | 253,590,395.05 | 23.09% | 725,578 ...

四川福蓉科技股份公司2025 年第三季度报告 证券代码：603327 证券简称：福蓉科技 四川福蓉科技股份公司 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。 公司负责人陈亚仁、主管会计工作负责人肖学东及会计机构负责人（会计主管人员）李海洋保证 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 1/18 单位：元 币种：人民币 项目 本报告期 本 报 告 期 比 上 年 同 期 增 减 变 动幅度(%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 730,388,731.75 5.86 1,909,783,705.48 10.23 利润总额 46,943,731.57 9.42 98,607,010.69 -41.58 归属于上市公司股东的 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥10,828,016,465.15, representing a year-on-year increase of 27.51% compared to ¥8,491,605,029.50[4] - Net profit attributable to shareholders was ¥303,482,693.03, reflecting a 5.89% increase from ¥286,595,642.29 in the same period last year[4] - The basic earnings per share increased by 5.80% to ¥0.1095 from ¥0.1035 in the previous year[4] - The net profit for the current period is CNY 992,365,352.94, representing an increase from CNY 943,752,097.27 in the previous period, which is a growth of approximately 5.9%[34] - The total profit for the current period is CNY 1,175,506,726.01, compared to CNY 1,089,361,628.31 in the previous period, indicating an increase of about 7.9%[34] - The operating profit for the current period is CNY 1,173,632,639.58, up from CNY 1,083,100,421.86, reflecting a growth of approximately 8.3%[34] - The total comprehensive income for the current period is CNY 998,900,894.21, compared to CNY 958,124,409.86 in the previous period, reflecting an increase of about 4.2%[35] Cash Flow - Cash flow from operating activities showed a significant increase of 40.04%, amounting to ¥8,229,406,087.19 compared to ¥5,578,850,000.00 in the previous year[4] - Operating cash inflow increased by 12.45% year-on-year, totaling approximately ¥19.65 billion[20] - The cash flow from operating activities shows a net outflow of CNY -8,229,406,087.19, an improvement from CNY -13,725,655,578.85 in the previous period[39] - The cash flow from investing activities has a net outflow of CNY -474,523,923.55, compared to CNY -1,075,098,498.73 in the previous period, indicating a reduction in outflow[39] - The cash flow from financing activities shows a net outflow of CNY -791,681,909.73, a decrease from CNY 1,744,556,036.87 in the previous period[39] Assets and Liabilities - Total assets as of September 30, 2025, were ¥74,111,646,496.64, a slight increase of 0.41% from ¥73,810,707,203.02 at the end of the previous year[4] - The company's equity attributable to shareholders rose by 3.71% to ¥21,804,531,710.75 from ¥21,024,209,129.41 at the beginning of the year[4] - Total liabilities decreased to ¥52,307,114,785.89 from ¥52,786,498,073.61, a decline of 0.9%[31] Operational Efficiency - The company reported a net profit margin improvement, with net profit increasing due to cost management strategies and operational efficiencies[33] - Total operating costs amounted to ¥29,139,186,926.05, up from ¥28,035,883,448.11, reflecting a year-over-year increase of 3.9%[33] - Research and development expenses increased to ¥88,741,730.50, compared to ¥73,493,526.14 in the previous period, marking a growth of 20.7%[33] Changes in Financial Position - The company experienced a 53.12% decrease in cash and cash equivalents, dropping to ¥8,385,451,859.58 from ¥17,888,015,711.72 at the start of the year[12] - The company's cash and cash equivalents decreased to ¥8,385,451,859.58 from ¥17,888,015,711.72, a decline of 53.2%[28] - Accounts receivable rose significantly to ¥21,717,888,361.69, up from ¥12,465,115,883.51, representing an increase of 74.3%[28] - Inventory decreased to ¥20,033,158,855.82 from ¥22,692,440,744.35, a reduction of 11.7%[28] Government and Other Income - The company reported a total of ¥2,016,205.55 in government subsidies related to normal business operations during the reporting period[7] - Other income decreased by 65.95% year-on-year, mainly due to changes in the VAT policy for advanced manufacturing enterprises[18] - Fair value changes in income increased by 222.22% year-on-year, attributed to fluctuations in the prices of held securities investments[18] Impairment Losses - Credit impairment losses increased by 88.34% year-on-year, primarily due to an increase in bad debt provisions[18] - Asset impairment losses surged by 249.42% year-on-year, mainly due to increased provisions for contract asset impairments[18] Accounting Adjustments - The company has made adjustments to its accounting policies, impacting the internal structure of costs without affecting the main financial data[5]

浙江力聚热能装备股份有限公司2025 年第三季度报告 证券代码：603391 证券简称：力聚热能 浙江力聚热能装备股份有限公司 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、监事会及董事、监事、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。 1 / 12 浙江力聚热能装备股份有限公司2025 年第三季度报告 | 量净额 | | | | | | | --- | --- | --- | --- | --- | --- | | 基本每股收益（元/股） | 0.04 | -94.81 | 0.62 | | -68.04 | | 稀释每股收益（元/股） | 0.04 | -94.81 | 0.62 | | -68.04 | | 加权平均净资产收益率 | 0.21 | 减少 个 3.42 | 2.68 | 减少 7.86 | 个百 | | （%） | | 百分点 | | | 分点 | | | 本报告期末 | | 上 ...

Financial Performance - The company's operating revenue for the third quarter was ¥2,618,529,936.49, a decrease of 28.67% compared to the same period last year[4] - The total profit for the quarter was -¥370,249,728.30, reflecting a decline of 31.44% year-on-year[4] - The net profit attributable to shareholders was -¥283,941,263.37, down 44.32% from the previous year[4] - The basic earnings per share for the quarter was -¥0.14, a decrease of 44.32% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was CNY 7,852,366,583.91, a decrease of 31.5% compared to CNY 11,420,265,926.59 in the same period of 2024[16] - Net profit for the first three quarters of 2025 was a loss of CNY 945,934,680.29, compared to a loss of CNY 808,203,104.03 in the same period of 2024[16] - The net profit attributable to the parent company was -746,276,348.04 CNY, compared to -642,319,791.92 CNY in the previous period, indicating a decline of approximately 16.2%[17] - The total comprehensive income attributable to the parent company was -746,314,599.12 CNY, compared to -641,311,888.56 CNY in the previous period, reflecting a decrease of about 16.4%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥29,793,449.99, an increase of 174.58% compared to the same period last year[4] - The net cash flow from operating activities was 29,793,449.99 CNY, a significant improvement from -39,946,416.68 CNY in the same period last year[18] - Cash received from the sale of goods and services was 7,352,512,985.20 CNY, down 26.3% from 9,962,164,215.68 CNY in the previous year[18] - Cash outflow for purchasing goods and services was 6,217,220,147.03 CNY, a decrease of 26.1% compared to 8,415,503,434.15 CNY in the previous year[19] - The net cash flow from investing activities was -69,616,720.25 CNY, an improvement from -373,430,064.46 CNY in the previous year[19] - Cash inflow from financing activities totaled 7,432,201,483.61 CNY, an increase of 56.2% from 4,754,791,867.34 CNY in the previous year[19] - The net increase in cash and cash equivalents was 56,173,510.46 CNY, compared to 142,946,369.00 CNY in the previous year[19] - The ending balance of cash and cash equivalents was 107,480,897.62 CNY, down from 290,337,254.25 CNY in the previous year[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥19,411,167,167.04, a decrease of 6.96% from the end of the previous year[5] - Total assets as of September 30, 2025, were CNY 19,411,167,167.04, a decrease from CNY 20,863,555,247.51 at the end of 2024[14] - Total liabilities as of September 30, 2025, were CNY 12,038,296,112.77, compared to CNY 12,537,762,629.72 at the end of 2024[14] - The company's total equity as of September 30, 2025, was CNY 7,372,871,054.27, down from CNY 8,325,792,617.79 at the end of 2024[14] - The equity attributable to shareholders decreased by 11.80% to ¥5,638,563,387.88 compared to the previous year[5] Inventory and Expenses - The company's inventory as of September 30, 2025, was CNY 609,707,072.70, a decrease from CNY 1,357,275,971.08 at the end of 2024[13] - The company reported a significant increase in financial expenses, totaling CNY 212,114,694.12 for the first three quarters of 2025, compared to CNY 250,564,403.29 in 2024[16] Non-Recurring Items - Non-recurring gains and losses for the quarter totaled ¥1,099,304.86, with government subsidies being a significant component[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 79,386[10] Accounting Standards - The company did not apply new accounting standards starting from 2025[20] Sales Performance - The company's main products experienced a decline in both sales volume and prices, contributing to the revenue drop[8]

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,342,289,993.55, a decrease of 11.90% compared to the same period last year[2]. - The total profit for the period was a loss of ¥43,216,584.34, with a year-to-date loss of ¥322,883,167.62[2]. - The net profit attributable to shareholders was a loss of ¥48,960,462.83 for the quarter, and a loss of ¥349,690,500.12 year-to-date[2]. - The basic earnings per share for the quarter was -¥0.035, and -¥0.252 year-to-date[2]. - The weighted average return on net assets was -1.65%, an increase of 10.83 percentage points compared to the same period last year[2]. - Total operating revenue for the first three quarters of 2025 was ¥4,170,908,311.04, a decrease of 20.3% compared to ¥5,235,569,406.53 in the same period of 2024[18]. - The net loss for the first three quarters of 2025 was ¥349,690,500.12, an improvement from a net loss of ¥1,263,219,574.56 in the same period of 2024[19]. - The basic earnings per share for the first three quarters of 2025 was -¥0.25, an improvement from -¥0.91 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was ¥112,980,815.41, a decrease of 5.3% from ¥119,371,302.59 in 2024[28]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥403,940,710.68[2]. - Cash flow from operating activities showed a net outflow of ¥403,940,710.68, compared to a net outflow of ¥1,288,818,937.88 in the previous year, indicating a significant reduction in cash burn[20]. - Cash and cash equivalents at the end of the period were ¥4,055,338,854.25, down from ¥4,318,337,813.36 at the end of the same period in 2024[22]. - Cash flow from operating activities for the first three quarters of 2025 was ¥3,407,439,825.55, down from ¥3,581,406,239.53 in 2024, a decrease of 4.9%[29]. - The net cash flow from operating activities was -$295.86 million, compared to -$226.09 million in the previous period, indicating a decline of approximately 31%[30]. - The ending balance of cash and cash equivalents was $3.91 billion, compared to $3.78 billion, showing an increase of about 3.5%[30]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,302,783,261.73, an increase of 0.57% from the previous year-end[3]. - The equity attributable to shareholders decreased by 10.10% to ¥3,162,541,555.57 compared to the previous year-end[3]. - The company's current liabilities totaled CNY 9,828,101,219.45, an increase from CNY 9,240,405,322.37 in the previous year[16]. - The company's total liabilities reached CNY 10,140,241,706.16, compared to CNY 9,710,374,709.16 in the previous year[16]. - Total assets as of September 30, 2025, amounted to ¥11,142,735,514.78, up from ¥10,289,270,106.97 at the end of 2024, indicating a growth of 8.3%[25]. - Total liabilities increased to ¥4,549,906,796.55 as of September 30, 2025, compared to ¥3,803,488,789.51 at the end of 2024, representing a rise of 19.6%[25]. - The total equity as of September 30, 2025, was ¥6,592,828,718.23, an increase from ¥6,485,781,317.46 at the end of 2024, reflecting a growth of 1.6%[25]. Investment and Restructuring - The company invested CNY 666,363,636.36 to participate in the restructuring of SAIC Hongyan, aiming to acquire a target equity stake of 14.66% post-restructuring[11]. - The total investment from the consortium in the restructuring of SAIC Hongyan is CNY 3 billion, with an expected target equity stake of 66% post-restructuring[11]. - The restructuring plan, once approved by the court, is projected to result in a profit impact exceeding 50% of the company's audited net profit attributable to shareholders for the fiscal year 2024[12]. - The restructuring process is ongoing, with potential risks related to market and management that could affect the company's financial performance[13]. - The company aims to optimize its debt structure and alleviate operational pressure through the restructuring of SAIC Hongyan[12]. Operating Costs and Expenses - Total operating costs decreased to ¥4,554,173,680.35 from ¥5,994,009,384.95, representing a reduction of 24.1%[18]. - Research and development expenses for the first three quarters of 2025 were ¥194,651,663.38, slightly down from ¥212,072,418.17 in 2024[18]. - Research and development expenses for the first three quarters of 2025 were ¥161,352,243.10, an increase of 20.2% from ¥134,288,529.39 in 2024[27]. - The company reported a decrease in sales expenses to ¥55,261,134.09 in 2025 from ¥123,508,481.60 in 2024, a reduction of 55.2%[27]. - Payments to employees and for employee benefits amounted to $341.59 million, up from $332.01 million, reflecting an increase of approximately 3%[30]. - Payments for various taxes totaled $38.45 million, significantly higher than $13.02 million, representing an increase of about 195%[30].

Financial Performance - The company's operating revenue for Q3 2025 reached ¥5,920,668,855.25, representing a year-on-year increase of 3.65%[3] - Total profit for the period was ¥198,105,467.85, reflecting a growth of 17.21% compared to the same quarter last year[3] - Net profit attributable to shareholders was ¥144,530,730.75, up 13.87% year-on-year[3] - Basic earnings per share for the quarter were ¥0.07, an increase of 16.67% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2025 reached CNY 17.78 billion, an increase of 10.5% compared to CNY 16.09 billion in the same period of 2024[16] - Net profit for the first three quarters of 2025 was CNY 471.10 million, representing a 10.3% increase from CNY 427.11 million in 2024[17] - The total comprehensive income for the period was CNY 465.05 million, compared to CNY 423.01 million, reflecting a growth of 9.9%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,425,905,910.24, showing a significant increase of 306.13%[3][7] - The net cash flow from operating activities for the first three quarters of 2025 was approximately ¥1.43 billion, compared to a negative net cash flow of ¥691.76 million in the same period of 2024, indicating a significant improvement[19] - Total cash inflow from operating activities increased to approximately ¥18.81 billion in 2025, up from ¥16.36 billion in 2024, reflecting a growth of about 14.9%[19] - The cash outflow from operating activities was approximately ¥17.39 billion in 2025, slightly higher than ¥17.05 billion in 2024, resulting in a net cash flow from operating activities of ¥1.43 billion[19] - Cash inflow from investment activities for the first three quarters of 2025 was approximately ¥1.19 billion, compared to ¥559.36 million in 2024, marking an increase of about 112%[20] - The net cash flow from investment activities was approximately ¥139.83 million in 2025, a recovery from a negative cash flow of ¥193.97 million in 2024[20] - Cash inflow from financing activities decreased to approximately ¥3.15 billion in 2025 from ¥3.99 billion in 2024, a decline of about 21%[20] - The net cash flow from financing activities was negative at approximately ¥822.18 million in 2025, contrasting with a positive cash flow of ¥1.02 billion in 2024[20] - The total cash and cash equivalents at the end of the third quarter of 2025 stood at approximately ¥1.45 billion, an increase from ¥1.16 billion at the end of the same period in 2024[20] - The company reported a cash inflow from the recovery of investments of approximately ¥1.18 billion in 2025, significantly higher than ¥536.54 million in 2024[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥14,153,307,058.06, a 12.09% increase from the end of the previous year[4] - Shareholders' equity attributable to the parent company was ¥6,100,546,529.38, up 5.92% from the previous year-end[4] - Total liabilities increased to CNY 7.91 billion in 2025 from CNY 6.74 billion in 2024, reflecting a growth of 17.2%[15] - Shareholders' equity rose to CNY 6.25 billion, up from CNY 5.89 billion, marking an increase of 6.0%[15] - Current liabilities decreased from RMB 3,566,506,403.52 to RMB 3,130,334,738.54, a reduction of approximately 12.2%[13] Investments and Expenses - Research and development expenses for the first three quarters were CNY 85.52 million, compared to CNY 81.03 million in the previous year, indicating a growth of 5.8%[16] - The company reported an investment income of CNY 12.21 million, up from CNY 8.95 million, a significant increase of 36.5%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 103,330[9] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[11] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first execution[21]

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,741,457,187.31, representing a year-on-year increase of 6.54%[4] - The total profit for the year-to-date period decreased by 49.27% to ¥78,688,762.87[9] - The net profit attributable to shareholders for the year-to-date period was ¥67,169,510.24, down 49.45% compared to the previous year[4] - The company reported a significant decline in the net profit after deducting non-recurring gains and losses, which fell by 55.71% to ¥51,152,745.52 for the year-to-date period[9] - Total operating revenue for the first three quarters of 2025 was CNY 4,842,944,654.68, a decrease of 3.82% compared to CNY 5,035,934,491.36 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 67,169,510.24, a decline of 49.5% from CNY 132,879,066.43 in the same period of 2024[19] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.13, compared to CNY 0.26 in 2024[20] Cash Flow - The net cash flow from operating activities for the current period was ¥53,020,619.43, showing a significant improvement from a negative cash flow of ¥1,023,448,887.92 in the previous year[4] - In the first three quarters of 2025, the net cash flow from operating activities was -1,023,448,887.92, compared to -3,280,972,325.14 in the same period of 2024, showing an improvement[21] - Cash inflow from operating activities totaled 5,872,086,351.25 in 2025, while cash outflow was 6,895,535,239.17, resulting in a net cash flow deficit[21] - The net cash flow from financing activities was -716,016,591.57 in 2025, contrasting with a positive net cash flow of 2,531,000,889.08 in 2024[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,403,636,167.09, an increase of 8.30% from the previous year[5] - The equity attributable to shareholders decreased by 3.33% to ¥2,471,283,980.23 compared to the end of the previous year[5] - Total liabilities increased to CNY 5,932,352,186.86 in 2025 from CNY 5,202,969,696.65 in 2024, marking an increase of 14.05%[17] - The company’s total assets reached CNY 8,403,636,167.09 in 2025, up from CNY 7,759,261,204.30 in 2024, reflecting a growth of 8.29%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,090[11] - The company has a shareholding structure where Zhejiang Huada Group holds 57.65% of the shares, indicating a strong control over the company[12] Operational Metrics - The company's current assets totaled ¥6,763,932,475.66, compared to ¥6,477,268,674.73 at the end of 2024, indicating an increase of about 4.4%[15] - Accounts receivable rose significantly to ¥105,786,171.94 from ¥41,608,399.98, marking an increase of about 154.5%[14] - Inventory increased to ¥1,560,892,236.80 from ¥1,040,246,124.07, which is an increase of approximately 50%[15] - Short-term borrowings decreased to ¥2,209,091,833.34 from ¥2,648,761,588.86, a reduction of about 16.6%[15] - Accounts payable increased to ¥3,376,810,000.00 from ¥2,150,050,000.00, reflecting a growth of approximately 57%[15] - The company reported a significant increase in prepayments, which rose to ¥884,843,636.28 from ¥551,182,165.94, an increase of about 60.5%[14] - The total non-current assets amounted to ¥1,639,703,691.43, up from ¥1,281,992,529.57, indicating a growth of approximately 28%[15] Expenses and Subsidies - The company received government subsidies amounting to ¥1,324,854.16 during the current period, contributing to its financial performance[7] - Research and development expenses for the first three quarters of 2025 were CNY 159,363,748.75, slightly down from CNY 160,877,681.08 in 2024[18] Cash and Investment Activities - Cash and cash equivalents decreased to ¥3,888,264,741.52 from ¥4,663,617,213.06, representing a decline of approximately 16.5%[14] - The ending cash and cash equivalents balance for 2025 was 776,438,391.59, a decrease from 2,201,706,198.92 in 2024[22] - Investment activities generated a net cash flow of -145,786,853.92 in 2025, a decline from a positive net cash flow of 1,138,479,612.01 in 2024[22] - Cash inflow from investment activities was 7,269,222,202.82 in 2025, significantly higher than 3,295,619,149.24 in 2024[22] Accounting Standards - The company has adopted new accounting standards starting in 2025, which may affect the financial statements[23]