上海艾录包装股份有限公司 2025 年第三季度报告 | 证券代码：301062 | 证券简称：上海艾录 | 公告编号：2025-037 | | --- | --- | --- | | 债券代码：123229 | 证券简称：艾录转债 | | 上海艾录包装股份有限公司 2025 年第三季度报告 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。 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。 公司报告期末至季度报告披露日股本是否因发行新股、增发、配股、股权激励行权、回购等原因发生变化且影响所有者权 益金额 是 □否 1 上海艾录包装股份有限公司 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 3.第三季度财务会计报告是否经过审计 | | 本报告期 | 本报告期比上 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥553,944,358.11, representing a year-on-year increase of 6.49%[5] - The net profit attributable to shareholders for the same period was ¥50,602,555.27, up 12.99% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥45,819,113.83, reflecting a 16.79% increase year-on-year[5] - Total operating revenue for the current period is ¥1,627,795,335.96, a decrease of 0.2% compared to ¥1,639,081,799.07 in the previous period[19] - Net profit for the current period is ¥166,568,460.43, slightly down from ¥167,495,044.92 in the previous period, representing a decrease of 0.6%[20] - The company reported a total comprehensive income of ¥167,557,528.50 for the current period, slightly up from ¥167,495,044.92 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,718,093,399.26, a 0.94% increase from the end of the previous year[5] - The total assets amount to ¥3,718,093,399.26, an increase from ¥3,683,474,820.95 in the previous period[18] - Total liabilities are ¥1,603,666,925.65, down from ¥1,684,661,611.24 in the previous period, indicating a decrease of 4.8%[18] - The company has a total non-current asset of ¥1,479,158,602.74, a slight decrease from ¥1,508,790,071.50 in the previous period[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,583[11] - The largest shareholder, Zhang Yan, holds 17.75% of shares, totaling 46,827,256 shares, with 2,000,000 shares pledged[11] - The company has a total of 4,020,227 shares held in the stock repurchase account, ranking 4th among the top 10 shareholders[11] - The total number of shares with limited sale conditions held by Zhang Yan remains at 35,120,442 due to executive lock-up[13] - The company has no preferred shareholders or changes in the number of preferred shareholders reported[12] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥191,646,112.24, showing a 3.55% increase[5] - Operating cash flow for the current period is ¥191,646,112.24, an increase of 3.4% compared to ¥185,075,223.54 in the previous period[22] - Total cash inflow from operating activities is ¥1,571,396,491.69, down from ¥1,634,876,398.17, representing a decrease of 3.9%[22] - Cash outflow from operating activities decreased to ¥1,379,750,379.45 from ¥1,449,801,174.63, a reduction of 4.8%[22] - Cash flow from investment activities shows a net outflow of ¥261,141,097.03, worsening from a net outflow of ¥190,440,250.08 in the previous period[22] - Cash inflow from financing activities decreased to ¥765,813,322.66 from ¥696,624,441.33, an increase of 9.9%[23] - Net cash flow from financing activities improved to -¥116,252,089.03 from -¥303,934,282.24, indicating a significant reduction in cash outflow[23] - The ending cash and cash equivalents balance is ¥274,704,298.35, down from ¥341,953,922.11, a decrease of 19.7%[23] - Cash received from investment recovery increased to ¥390,000,000.00 from ¥282,492,604.04, a growth of 38.1%[22] - Cash paid for fixed assets and intangible assets was ¥74,013,671.96, down from ¥88,336,289.69, a decrease of 16.2%[22] Equity and Earnings - The company’s total equity attributable to shareholders increased by 5.83% to ¥2,110,265,118.91 compared to the end of the previous year[5] - The equity attributable to the parent company is ¥2,110,265,118.91, an increase of 5.8% from ¥1,994,092,793.86 in the previous period[18] - The basic earnings per share for Q3 2025 was ¥0.1900, an increase of 11.76% compared to the same period last year[5] - Basic earnings per share for the current period is ¥0.63, unchanged from the previous period[20] Operational Metrics - The company reported a significant decrease in cash and cash equivalents, down 32.17% to ¥462,083,070.93, primarily due to investments in financial products and loan repayments[8] - The company experienced a 67.29% decrease in notes receivable, totaling ¥55,107,494.97, attributed to a reduction in commercial acceptance bills[8] - Accounts receivable increased to ¥1,001,643,252.55 from ¥812,274,320.62, representing a growth of about 23.3%[16] - Inventory decreased to ¥312,724,316.67 from ¥375,600,229.10, a reduction of approximately 16.8%[16] - The total current assets at the end of the reporting period amounted to ¥2,238,934,796.52, up from ¥2,174,684,749.45, an increase of about 2.9%[16] - Long-term equity investments decreased to ¥66,463,735.08 from ¥74,697,028.97, a decline of approximately 11.0%[16] - Research and development expenses for the current period are ¥99,967,897.76, a decrease of 2.5% from ¥102,271,611.26 in the previous period[19]

Financial Performance - The company's operating revenue for the third quarter was CNY 224,995,784.75, an increase of 13.12% compared to the same period last year[4] - The total profit for the quarter was CNY 46,098,878.36, reflecting a slight increase of 0.17% year-over-year[4] - The net profit attributable to shareholders was CNY 36,477,804.26, showing a decrease of 1.12% compared to the previous year[4] - The company reported a net profit excluding non-recurring gains and losses of CNY 34,277,020.62, a decrease of 0.62% year-over-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 597.57 million, a decrease of 1.37% compared to CNY 605.40 million in the same period of 2024[19] - Net profit for the first three quarters of 2025 increased to CNY 158.92 million, up 4.93% from CNY 151.97 million in 2024[20] - The company reported a total comprehensive income of CNY 243.31 million, down from CNY 494.17 million in the same period last year[20] Cash Flow - The cash flow from operating activities for the quarter was CNY 6,435,250.20, a significant increase of 124.39% year-over-year[5] - Cash flow from operating activities generated a net amount of CNY 89.88 million, significantly higher than CNY 40.25 million in the same period last year[23] - Cash flow from investing activities showed a net outflow of CNY 183.07 million, worsening from a net outflow of CNY 42.40 million in 2024[24] - Cash flow from financing activities resulted in a net inflow of CNY 10.84 million, compared to a net outflow of CNY 99.58 million in the previous year[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 5,829,091,579.26, representing a growth of 9.34% from the end of the previous year[5] - The company's total liabilities reached RMB 985,742,430.20, up from RMB 830,429,687.17, indicating an increase of about 18.7%[17] - The company's non-current liabilities increased to RMB 688,948,025.41 from RMB 531,398,107.40, indicating a rise of about 29.6%[17] - The company reported a total current asset of RMB 1,360,091,294.29, up from RMB 985,359,152.06, reflecting a growth of about 38%[15] Equity - The total equity attributable to shareholders increased to CNY 4,669,636,468.97, up by 7.74% from the previous year[5] - The total equity attributable to shareholders increased to RMB 4,669,636,468.97 from RMB 4,334,362,916.97, representing a growth of approximately 7.7%[17] - The company's retained earnings grew to RMB 1,119,530,779.68 from RMB 868,646,876.56, representing an increase of approximately 28.8%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 60,040, with the top ten shareholders holding a combined 41.67% of the shares[10] Other Financial Metrics - The weighted average return on equity decreased to 0.8296%, down by 0.0957 percentage points compared to the previous year[5] - Basic and diluted earnings per share rose to CNY 0.1193, compared to CNY 0.1149 in the previous year[20] - The company’s tax expenses for the first three quarters of 2025 were CNY 9.14 million, slightly lower than CNY 9.30 million in 2024[20] - Other comprehensive income after tax for the first three quarters of 2025 was CNY 84.39 million, a significant decrease from CNY 342.21 million in the previous year[20] - The company received government subsidies amounting to CNY 545,039.63 during the quarter, which are closely related to its normal business operations[7] Asset Composition - Cash and cash equivalents decreased to RMB 377,162,613.97 from RMB 489,446,527.98, a decline of about 23%[15] - The company's trading financial assets surged to RMB 750,002,561.90 from RMB 280,185,435.70, marking an increase of approximately 167%[15] - Accounts receivable rose to RMB 93,379,783.71 from RMB 85,948,274.37, reflecting an increase of about 8.3%[15] - Inventory decreased to RMB 49,425,394.22 from RMB 71,801,633.85, a decline of approximately 31%[15]

Financial Performance - The company's operating revenue for Q3 2025 was ¥264,568,583.14, representing a decrease of 5.56% compared to the same period last year[3]. - The total profit for the period was -¥27,769,255.43, a decline of 232.94% year-over-year[3]. - The net profit attributable to shareholders was -¥18,583,290.16, down 188.37% from the previous year[3]. - The basic earnings per share for the period was -¥0.11, reflecting a decrease of 184.62% compared to the same quarter last year[4]. - Total operating revenue for the first three quarters of 2025 was CNY 721,206,532.27, a decrease of 21.4% compared to CNY 917,649,896.63 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was a loss of CNY 51,322,685.71, compared to a profit of CNY 15,496,980.18 in 2024[19]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.30, compared to CNY 0.10 in 2024[20]. Research and Development - Research and development expenses totaled ¥39,898,291.94, accounting for 15.08% of operating revenue, an increase of 2.13 percentage points year-over-year[4]. - The company reported a significant increase in research and development expenses, totaling CNY 110,951,210.19 for the first three quarters of 2025, compared to CNY 104,629,153.74 in 2024[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,288,274,474.40, a decrease of 13.49% from the end of the previous year[4]. - Total current assets as of September 30, 2025, amount to ¥2,968,664,465.20, a decrease from ¥3,504,394,279.13 as of December 31, 2024[14]. - Total liabilities as of September 30, 2025, are ¥1,404,797,777.21, down from ¥1,801,142,167.66[15]. - The company's total liabilities amounted to CNY 1,453,375,414.10, a decrease from CNY 1,849,026,442.33 in the previous year[16]. - The total equity attributable to shareholders was CNY 1,811,544,031.19, down from CNY 1,926,782,030.63 in 2024[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥533,992,604.55[3]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 698,705,564.61, an increase from CNY 565,169,072.36 in 2024[22]. - Net cash flow from operating activities was -$533.99 million, compared to -$501.83 million in the previous period, indicating a decline of approximately 6.4%[23]. - Total cash inflow from investment activities was $1.25 billion, down from $1.40 billion, reflecting a decrease of about 10.7%[23]. - Cash outflow from investment activities totaled $1.52 billion, compared to $1.73 billion, showing a reduction of approximately 12.2%[23]. - Net cash flow from financing activities was -$65.84 million, slightly improved from -$68.57 million, indicating a decrease of about 4%[24]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,632[11]. - The largest shareholder, China Electric Lais Information Systems Co., Ltd., holds 98,600,000 shares, accounting for 60.32% of total shares[11]. Operational Insights - The company attributed the decline in profits primarily to reduced sales revenue in urban traffic management and increased credit impairment losses[8]. - The company has no significant changes in major shareholders or their relationships[12]. - The company has not disclosed any new product developments or market expansion strategies in the current report[13]. - There are no significant reminders or alerts for investors regarding the company's operational status during the reporting period[13].

Revenue and Profit - The company's revenue for Q3 2025 reached ¥423,876,920.95, an increase of 12.63% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2025 was ¥3,778,528.92, a decrease of 63.98% year-on-year[4] - Year-to-date revenue for 2025 was ¥1,262,122,417.79, reflecting a 9.08% increase compared to the previous year[8] - The basic earnings per share for Q3 2025 was ¥0.0085, down 66.00% from the same period last year[4] - Net profit for the current period was CNY 52,685,820.74, reflecting a growth of 3.22% from CNY 50,945,645.98 in the previous period[20] - Operating profit increased to CNY 68,747,882.85, up by 9.00% from CNY 62,986,239.25 in the previous period[20] - The total comprehensive income for the current period was CNY 52,678,488.71, compared to CNY 51,458,193.42 in the previous period[20] Assets and Liabilities - Total assets as of September 30, 2025, were ¥2,185,146,742.44, a decrease of 21.40% from the end of the previous year[4] - The company's cash and cash equivalents decreased by 53.73% to ¥328,894,706.12 due to loan repayments[9] - Total current assets decreased from ¥1,890,323,577.06 to ¥1,320,175,041.60, a decline of about 30.1%[17] - Total assets decreased from ¥2,779,914,354.12 to ¥2,185,146,742.44, a reduction of approximately 21.4%[18] - Total liabilities decreased from ¥1,148,344,551.85 to ¥533,204,911.62, a decline of about 53.5%[18] - The company's short-term borrowings decreased from ¥508,313,506.17 to ¥125,234,961.00, a reduction of approximately 75.3%[18] - The company's long-term borrowings remained stable at approximately ¥156,041,310.88[18] - The company's equity increased slightly from ¥1,631,569,802.27 to ¥1,651,941,830.82, an increase of about 1.2%[18] - The company reported a significant decrease in total liabilities to equity ratio, indicating improved financial stability[18] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥17,305,447.69, an increase of 117.13%[4] - Net cash flow from operating activities improved by 117.13% to ¥17,305,447.69, driven by increased cash received from sales of goods and services[11] - The company repaid debts with cash amounting to ¥677,513,163.92, reflecting a 249.00% increase in cash outflow for debt repayment[11] - The company experienced a net cash outflow from financing activities of CNY 443,191,707.71, compared to a net inflow of CNY 213,227,555.32 in the previous period[22] Inventory and Receivables - Inventory decreased by 42.22% to ¥125,516,938.89, primarily due to the recognition of costs from integrated project acceptance[9] - Accounts receivable decreased from ¥577,949,921.06 to ¥540,892,504.65, a reduction of about 6.4%[17] Expenses - Management expenses increased by 31.08% to ¥43,646,173.12, mainly due to increased equity incentive expenses recognized during the reporting period[10] - Financial expenses decreased by 46.51% to ¥7,701,100.92, due to reduced interest expenses from increased repayment of bank loans[10] - Research and development expenses were CNY 56,318,579.03, slightly down from CNY 59,525,557.56 in the previous period[20] - The company’s income tax expense rose by 35.95% to ¥15,536,864.75, driven by increased profits during the reporting period[10] - Asset impairment losses increased by 549.77% to ¥3,253,317.85, primarily due to an increase in recoverable contract assets[10] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 45,604, with the largest shareholder holding 20.73%[13] Other Information - The third quarter financial report of Beijing Yinxin Changyuan Technology Co., Ltd. has not been audited[23] - The new accounting standards will be implemented starting from 2025[23] - The financial statement items related to the first year of the new accounting standards will be adjusted[23] - The board of directors announced the financial report on October 30, 2025[23]

Financial Performance - The company's operating revenue for the third quarter was CNY 2,026,383,392.07, a decrease of 4.40% compared to the same period last year[4] - The total profit for the quarter was CNY 131,590,740.73, an increase of 8.12% year-on-year[4] - The net profit attributable to shareholders was CNY 51,758,510.88, reflecting a slight increase of 0.74% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 50,516,884.06, up by 2.24% year-on-year[4] - The basic earnings per share for the quarter was CNY 0.05, a decrease from CNY 0.31 in the same period last year[5] - The diluted earnings per share also stood at CNY 0.05, compared to CNY 0.06 in the previous year[5] - The company reported a net profit margin improvement, with net profit for the first three quarters of 2025 expected to show a positive trend compared to the previous year[19] - Net profit for the period reached ¥416,590,462.55, compared to ¥285,819,477.69 in the previous year, marking an increase of about 46%[21] - Basic and diluted earnings per share improved to ¥0.21, up from ¥0.10, representing a 110% increase[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 11,494,540,032.32, an increase of 4.95% from the end of the previous year[5] - The equity attributable to shareholders was CNY 3,432,217,111.24, reflecting a growth of 2.68% year-on-year[5] - Total liabilities as of September 30, 2025, amounted to RMB 7,105,694,064.32, compared to RMB 6,667,788,267.57 at the end of 2024, marking an increase of 6.5%[18] - Total equity increased to RMB 4,388,845,968 from RMB 4,284,242,231.92, reflecting a growth of 2.4%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -518,031,825.97, a decline of 260.60% compared to the previous year[5] - The net cash flow from operating activities was negative at -¥518,031,825.97, a decline from a positive cash flow of ¥322,560,355.90 in the previous year[24] - The investment activities generated a net cash outflow of -¥174,556,116.14, compared to -¥40,068,705.80 in the previous year, indicating an increase in cash outflow[25] Revenue and Costs - Total operating revenue for the first three quarters of 2025 reached RMB 6,308,016,398.11, an increase of 13.9% compared to RMB 5,538,826,132.35 in the same period of 2024[19] - Total operating costs for the first three quarters of 2025 were RMB 5,866,676,600.10, up from RMB 5,235,760,674.53 in the first three quarters of 2024[19] - The total revenue from operating activities was ¥6,106,276,050.22, compared to ¥5,907,280,834.68 in the same period last year, reflecting a slight increase of about 3.4%[24] Research and Development - Research and development expenses rose to ¥413,678,086.69, up from ¥382,284,468.68, indicating a growth of approximately 8.5%[20] Market Strategy - The company is focusing on expanding its market presence and enhancing product development to drive future growth[19] Cash and Equivalents - Cash and cash equivalents decreased to RMB 1,685,941,399.27 from RMB 2,653,300,321.19, a decline of 36.3%[16] - The cash and cash equivalents at the end of the period stood at ¥1,646,115,267.09, down from ¥1,721,866,866.89, indicating a decrease of about 4.4%[25] Financial Expenses - The company incurred a financial expense of ¥11,483,642.13, slightly down from ¥11,896,978.48, showing a decrease of approximately 3.5%[20] Non-Recurring Gains - The company reported non-recurring gains of CNY 1,241,626.82 for the quarter, with a total of CNY 11,056,862.81 year-to-date[8]

Financial Performance - The company's operating revenue for the third quarter reached ¥409,010,844.62, an increase of 12.12% compared to the same period last year[5] - Total profit for the quarter was ¥32,099,302.81, representing a significant increase of 272.94% year-over-year[5] - Net profit attributable to shareholders was ¥28,907,040.95, up 241.15% from the previous year[5] - The basic earnings per share for the quarter was ¥0.11, reflecting a 266.67% increase compared to the same period last year[6] - The total profit for the year-to-date period was ¥82,991,719.42, an increase of 105.69% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,174,859,232.88, an increase of 8.1% compared to ¥1,086,307,067.88 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥83,206,483.32, significantly higher than ¥42,811,644.98 in 2024, marking an increase of 94.5%[19] - Net profit for the first three quarters of 2025 was ¥74,056,634.55, compared to ¥36,582,972.25 in 2024, representing a growth of 102.5%[20] - The company reported a total profit of ¥82,991,719.42 for the first three quarters of 2025, compared to ¥40,348,754.70 in 2024, indicating an increase of 105.5%[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,797,035,626.64, a 3.82% increase from the end of the previous year[6] - As of September 30, 2025, the total current assets amounted to RMB 1,117,167,089.08, an increase from RMB 1,041,433,712.57 on December 31, 2024, reflecting a growth of approximately 7.3%[14] - The total liabilities increased to RMB 247,055,477.58 from RMB 216,054,308.19, marking a rise of about 14.4%[16] - The total assets reached RMB 1,797,035,626.64, compared to RMB 1,730,838,384.74, showing an increase of approximately 3.8%[16] - The company's retained earnings grew to RMB 674,460,889.32 from RMB 642,337,054.77, reflecting an increase of about 5%[16] - The total non-current assets decreased slightly to RMB 679,868,537.56 from RMB 689,404,672.17, a decline of approximately 1.5%[15] - The company reported a total equity of RMB 1,549,980,149.06, up from RMB 1,514,784,076.55, indicating an increase of about 2.3%[16] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥22,782,430.90, down 77.91% year-over-year[5] - Cash flow from operating activities for the first three quarters of 2025 was ¥22,782,430.90, a decrease of 78.0% from ¥103,136,559.55 in 2024[23] - Cash flow from investing activities generated a net inflow of ¥16,456,306.84 in 2025, compared to a net outflow of ¥29,884,310.54 in 2024[23] - Cash and cash equivalents at the end of the first three quarters of 2025 totaled ¥29,718,954.00, down from ¥38,412,092.81 at the end of 2024[23] - The company's cash and cash equivalents increased to RMB 32,219,357.50 from RMB 30,215,740.90, representing a growth of about 6.6%[14] Shareholder Information - The company has a total of 29,032 common shareholders at the end of the reporting period[10] - The company has not reported any significant changes in shareholder relationships or participation in margin trading activities[12] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of the year[24]

Financial Performance - The company's revenue for Q3 2025 reached ¥592,630,929.73, representing a 12.94% increase year-over-year[5] - Net profit attributable to shareholders was ¥73,559,720.20, up 15.38% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥67,642,747.01, reflecting a significant increase of 22.72% year-over-year[5] - Total operating revenue for the current period reached ¥1,679,547,962.16, an increase of 25.5% compared to ¥1,338,843,675.48 in the previous period[26] - Net profit for the current period was ¥232,879,766.37, representing a 27% increase from ¥183,541,245.97 in the previous period[27] - Basic and diluted earnings per share were both ¥1.7834, compared to ¥1.4289 in the prior period[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,229,500,247.88, which is a 7.93% increase from the end of the previous year[5] - Total assets increased to ¥4,229,500,247.88, up from ¥3,918,827,588.40 in the previous period[25] - Total liabilities rose to ¥848,104,972.54, compared to ¥734,530,669.66 in the prior period, reflecting a growth of 15.5%[24] - The company's equity attributable to shareholders increased to ¥3,310,295,731.83, up from ¥3,119,631,283.07[25] Cash Flow - The net cash flow from operating activities for the first nine months of 2025 was ¥228,587,495.56, a 35.08% increase from the same period in 2024[14] - Cash inflow from operating activities totaled $1,534,123,210.70, an increase of 14.6% from $1,338,138,335.97 in the previous period[30] - Net cash flow from operating activities was $228,587,495.56, up 35% from $169,219,898.44 year-over-year[30] - Cash inflow from investment activities decreased to $2,025,988,295.67, down 18.5% from $2,486,831,658.97 in the prior period[31] - Net cash flow from investment activities was -$67,905,065.48, compared to a positive $96,645,856.65 in the previous period[31] - Cash inflow from financing activities was $17,230,637.76, a decrease of 18.5% from $21,202,918.38[32] - Net cash flow from financing activities was -$86,791,821.41, improving from -$209,695,187.04 year-over-year[32] - The ending cash and cash equivalents balance was $508,402,361.55, an increase from $361,331,051.49 in the previous period[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,927[15] - The largest shareholder, Zhuang Huiyang, holds 43.11% of the shares, totaling 54,000,000 shares[15] - The total number of restricted shares at the end of the period was 43,354,225, down from 86,865,505, indicating a reduction of about 50%[21] - The company reported a total of 54,000,000 restricted shares to be released on July 11, 2025, which includes shares held by major shareholders[20] - The company plans to release 40,500,000 shares on July 11, 2025, which were previously restricted[20] - The company has a significant shareholder structure with the top 10 unrestricted shareholders holding a total of 15,128,000 shares[19] Operational Highlights - The company reported a significant increase in receivables financing, which rose by 52.63% to ¥54,249,583.30[9] - The company experienced a 1674.94% increase in non-current assets due within one year, totaling ¥267,804,280.68[9] - The company's cash and cash equivalents increased to ¥508,929,086.79 from ¥440,923,222.14, representing a growth of approximately 15.5%[22] - Accounts receivable rose to ¥538,428,849.46 from ¥450,507,723.07, indicating an increase of about 19.5%[22] - Inventory levels increased to ¥460,475,377.31 from ¥398,979,769.02, reflecting a growth of approximately 15.4%[22] - The total assets increased significantly, with current assets showing a robust growth trend[22] - The company is focusing on expanding its market presence and enhancing its product offerings through strategic investments[22] - The financial data indicates a strong liquidity position, which may support future growth initiatives and market expansion strategies[22] Research and Development - Research and development expenses for the current period were ¥76,371,166.99, an increase from ¥60,695,173.55 in the previous period[27] Other Financial Information - Other comprehensive income after tax for the current period was ¥13,259,262.25, compared to a loss of ¥3,168,045.46 in the prior period[28] - The company reported a significant increase in long-term investments, with long-term equity investments rising to ¥106,737,732.65 from ¥97,326,679.56[23] - The company received tax refunds amounting to $26,477,498.57, which is a 101% increase from $13,114,670.73[31] - Total cash outflow for operating activities was $1,305,535,715.14, up 11.7% from $1,168,918,437.53[31] Audit Information - The company did not conduct an audit for the third quarter financial report[33]

Financial Performance - Q3 2025 revenue was CNY 189,613,515.77, a decrease of 12.32% year-over-year[4] - Net profit attributable to shareholders was CNY -15,728,432.84, down 129.02% compared to the same period last year[4] - Basic and diluted earnings per share were both CNY -0.02, reflecting a decline of 133.33% year-over-year[4] - Total operating revenue decreased to ¥681,221,459.23 from ¥784,021,902.08, representing a decline of approximately 13.1% year-over-year[19] - Net profit for the period was -¥56,983,632.04, compared to -¥27,806,023.52 in the previous period, indicating a worsening of approximately 104.1%[20] - The total comprehensive income for the period was -¥57,237,822.00, compared to -¥27,804,018.75 in the previous period, indicating a decline of approximately 106.5%[20] - The company reported a basic earnings per share of -¥0.05, compared to ¥0.01 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,657,584,588.98, an increase of 2.98% from the end of the previous year[4] - The total assets of Hebei Changshan Biochemical Pharmaceutical Co., Ltd. as of September 30, 2025, amounted to CNY 4,657,584,588.98, an increase from CNY 4,522,760,540.58 at the beginning of the period[16] - Current assets totaled CNY 2,077,304,073.35, up from CNY 2,002,412,631.48 at the beginning of the period, reflecting a growth of approximately 3.9%[16] - Total liabilities rose to CNY 3,179,083,140.13 from CNY 2,987,021,269.73, reflecting an increase of about 6.4%[17] - The company's equity remained stable with total equity at CNY 1,478,501,448.85, unchanged from the previous period[17] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 142,350,749.85, down 5.32%[4] - Cash flow from operating activities generated ¥142,350,749.85, down from ¥150,346,631.17, a decrease of about 5.3% year-over-year[21] - Cash flow from investing activities increased by 39.04% year-over-year, mainly due to reduced cash payments for fixed assets and other long-term assets[10] - Net cash flow from investing activities was -$72.1 million, an improvement from -$118.3 million year-over-year[22] - Cash inflow from financing activities totaled $2.07 billion, compared to $1.71 billion in the previous year[22] - Cash outflow from financing activities was $2.13 billion, up from $1.65 billion year-over-year[22] - Net cash flow from financing activities was -$61.9 million, a decline from a positive $51.0 million in the previous year[22] - The net increase in cash and cash equivalents was $11.2 million, down from $83.3 million year-over-year[22] - The ending balance of cash and cash equivalents was $247.0 million, compared to $314.2 million at the end of the previous year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,618[11] Strategic Focus - The company plans to continue focusing on R&D for new products and technologies to enhance market competitiveness[15] - Future guidance indicates a strategic emphasis on market expansion and potential mergers and acquisitions to drive growth[15] Operational Efficiency - Sales expenses decreased by 64.22% year-over-year, attributed to the inclusion of products in national procurement and adjustments in sales strategy[9] - Investment income increased by 100.00% year-over-year due to gains from the disposal of a subsidiary[9] - Research and development expenses increased slightly to ¥24,568,492.79 from ¥23,438,244.55, reflecting a growth of approximately 4.8%[19] - Other income decreased significantly to ¥5,567,369.76 from ¥30,589,042.11, a decline of about 81.8% year-over-year[19] - The company recorded credit impairment losses of ¥7,201,497.18, up from ¥531,492.70, marking an increase of approximately 1255.5% year-over-year[20] Inventory and Receivables - Accounts receivable rose to CNY 310,502,510.21 from CNY 253,625,332.05, indicating an increase of approximately 22.4%[16] - Inventory decreased to CNY 1,341,817,413.22 from CNY 1,385,747,770.05, showing a decline of about 3.2%[16] Borrowings - Short-term borrowings increased by 47.98% compared to the beginning of the period, indicating a rise in borrowing[7] - Short-term borrowings increased significantly to CNY 1,313,433,777.78 from CNY 887,546,719.51, marking an increase of approximately 48.0%[17] Audit Status - The third quarter financial report was not audited[23]

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： 江苏华海诚科新材料股份有限公司 2025 年第三季度报告 证券代码：688535 证券简称：华海诚科 江苏华海诚科新材料股份有限公司 2025 年第三季度报告 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 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 100,169,338.73 | 18.78 | ...