Financial Performance - The company's operating revenue for the third quarter was ¥107,849,714.08, representing a year-on-year increase of 15.70%[5] - The net profit attributable to shareholders was -¥217,848,119.46, a decrease of 10.91% compared to the same period last year[5] - The basic earnings per share for the third quarter was -¥0.3026, reflecting a 10.92% increase year-on-year[5] - Total operating revenue for the current period is ¥414,775,844.41, a decrease of 3.1% from ¥431,664,468.06 in the previous period[18] - Net profit for the current period is -¥536,929,709.64, compared to -¥608,082,926.05 in the previous period, showing an improvement of 11.7%[19] - The total comprehensive income for the current period is -¥538,834,311.70, compared to -¥608,405,677.58 in the previous period, reflecting a 11.5% improvement[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,520,041,537.13, down 8.25% from the end of the previous year[5] - The company's equity attributable to shareholders decreased by 62.69% to ¥271,937,878.98 compared to the end of the previous year[5] - The total liabilities decreased to ¥9,297,779,827.02 from ¥10,130,079,163.34, a reduction of 8.2%[17] - The total equity attributable to shareholders of the parent company decreased to ¥271,937,878.98 from ¥728,809,923.38, a decline of 62.7%[17] - The company reported a total non-current asset value of CNY 5,772,950,457.23, down from CNY 5,906,505,125.51, a decrease of approximately 2.3%[16] Cash Flow - Cash flow from operating activities showed a net outflow of -¥215,830,073.81, an increase of 33.77% in outflow compared to the previous year[5] - Cash flow from operating activities resulted in a net outflow of -¥215,830,073.81, an improvement from -¥325,888,457.17 in the previous period[21] - The cash inflow from operating activities totaled ¥713,999,030.95, an increase from ¥659,978,025.27 in the previous period[21] - Net cash flow from investing activities amounted to $332,455,858.44, a significant improvement compared to a net outflow of $167,190,899.08 in the previous period[22] - Total cash inflow from financing activities was $2,837,099,822.21, while cash outflow totaled $3,331,488,197.52, resulting in a net cash flow of -$494,388,375.31[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 71,922[11] - The largest shareholder, China Hualu Group, holds a 31.83% stake in the company[11] Operational Costs and Expenses - Total operating costs decreased to ¥770,300,775.19, down 7.7% from ¥834,310,517.74 in the previous period[18] - Research and development expenses increased to ¥17,827,664.33, up 15.2% from ¥15,468,183.08 in the previous period[18] Future Considerations - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[23] - The company’s third-quarter financial report was not audited, indicating a potential area for further scrutiny[23] - The cash flow from operating activities was not detailed in the provided data, suggesting a need for additional information for a complete analysis[22] - The cash flow from financing activities showed a significant decrease compared to the previous period, indicating potential challenges in capital management[22]

中国国际货运航空股份有限公司 2025 年三季度报告 证券代码：001391 证券简称：国货航 公告编号：2025-058 中国国际货运航空股份有限公司 2025 年三季度报告 一、主要财务数据 中国国际货运航空股份有限公司 2025 年三季度报告 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.董事会及董事、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。 3.三季度财务会计报告是否经过审计 □是 否 1 （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 | 项目 | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 5,701,096,877 | 8.39% | 16 ...

Financial Performance - The company's revenue for Q3 2025 was ¥280,534,838.99, representing a 4.59% increase year-over-year[5] - The net profit attributable to shareholders was -¥294,219.26, a decrease of 74.28% compared to the same period last year[5] - Total operating revenue for the current period reached ¥829,490,834.92, an increase of 5.4% compared to ¥789,105,083.96 in the previous period[26] - Net profit for the current period was ¥28,234,763.27, representing a 28.9% increase from ¥21,976,779.79 in the previous period[27] - The company's operating profit rose to ¥31,128,547.29, compared to ¥22,741,285.66, marking a significant increase of 37.5%[27] - The total comprehensive income attributable to the parent company was CNY 18,085,556.74, compared to CNY 22,073,000.56 in the previous period, reflecting a decrease of approximately 18%[28] - The total comprehensive income for the period was CNY 18,236,918.45, down from CNY 21,978,737.39 in the previous period, reflecting a decrease of approximately 17%[28] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was ¥89,716,017.68, showing a significant increase of 136.29%[13] - The company reported a cash balance of ¥728,613,271.18 as of September 30, 2025, an increase from ¥613,695,304.72 at the beginning of the period, reflecting a growth of approximately 18.7%[21] - The total cash and cash equivalents at the end of the period reached CNY 712,929,871.81, compared to CNY 531,134,102.01 in the previous period, indicating an increase of approximately 34%[31] - Cash inflows from operating activities totaled CNY 979,904,796.40, compared to CNY 927,738,782.40 in the previous period, showing an increase of approximately 6%[30] - The net cash flow from operating activities increased to CNY 89,716,017.68, up from CNY 37,968,489.31, representing a growth of about 136%[30] - The net cash flow from investing activities was negative at CNY -32,375,553.85, an improvement from CNY -247,698,015.22 in the previous period[30] - The total cash outflow from financing activities was CNY 172,510,859.36, compared to CNY 53,614,705.32 in the previous period, indicating a rise of approximately 221%[30] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥2,150,851,067.60, reflecting a 2.93% increase from the end of the previous year[6] - Current liabilities totaled ¥691,734,484.93, an increase from ¥627,671,696.85, which is a rise of 10.2%[24] - Non-current liabilities decreased slightly to ¥47,496,944.24 from ¥50,386,438.76, a decline of 5.7%[24] - The company's equity attributable to shareholders decreased slightly by 0.04% to ¥1,333,510,388.01[6] - The total equity attributable to shareholders of the parent company was ¥1,333,510,388.01, a slight decrease from ¥1,334,074,525.27[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,604[15] - The top ten unrestricted shareholders include major stakeholders such as Jin Liwei, holding 20,477,321 shares, and Bao Jia, holding 19,797,671 shares[16] - The company has a repurchase account holding 5,435,800 shares, representing 2.00% of total shares[16] - A total of 2,664,200 shares were sold by specific shareholders from August 25 to August 29, 2025, accounting for 0.98% of the company's total share capital[20] - The company plans to reduce shares held by specific shareholders, with a maximum of 4,231,250 shares to be sold by one shareholder during the three-month period starting August 15, 2025[19] Investment and Expenses - The company reported a 959.95% increase in investment income, totaling ¥8,367,737.67 year-to-date[12] - The company reported an investment income of ¥8,367,737.67, compared to a loss of ¥973,044.01 in the previous period, indicating a significant turnaround[27] - Research and development expenses increased to ¥35,129,430.65, up from ¥32,856,479.39, indicating a growth of 6.9%[27] - The company experienced a 25.22% increase in taxes and surcharges, totaling ¥6,546,362.88 year-to-date[12] Accounts Receivable and Payable - Accounts receivable decreased to ¥177,645,177.51 from ¥202,398,244.10, representing a decline of approximately 12.2%[21] - The company’s accounts receivable financing increased to ¥20,526,279.27 from ¥16,353,004.10, showing a growth of approximately 25.9%[21] - The company’s prepayments rose to ¥28,694,630.14 from ¥26,009,895.98, reflecting an increase of about 10.3%[21] Borrowings - Short-term borrowings increased by 99.53% to ¥199,782,888.45, primarily due to an increase in bill discounting[11]

Financial Performance - The company's operating revenue for Q3 2025 was ¥255,651,388.54, a decrease of 3.87% compared to the same period last year[4] - The total profit for the period was ¥70,083,342.73, reflecting a decline of 17.53% year-over-year[4] - The net profit attributable to shareholders was ¥50,083,284.45, down 21.99% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥25,618,503.45, a significant drop of 51.41% compared to the same period last year[4] - The net profit attributable to shareholders for the year-to-date was ¥156,118,030.81, a decrease of 19.81% compared to the same period last year[4] - Total comprehensive income for the period attributable to the parent company was CNY 156,118,030.81, a decrease from CNY 194,681,391.43 in the previous year, representing a decline of approximately 19.7%[22] - Basic earnings per share decreased to CNY 0.1255 from CNY 0.1564, reflecting a decline of about 19.7%[22] - Net profit for the first three quarters of 2025 was CNY 183,877,536.02, a decline of 17.3% from CNY 222,477,606.38 in the previous year[21] Research and Development - Research and development expenses totaled ¥25,471,723.88, representing 9.96% of operating revenue, an increase of 4.05 percentage points year-over-year[5] - Research and development expenses rose to CNY 69,687,038.63, compared to CNY 58,800,004.10 in the same period last year, indicating a 18.5% increase[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,384,637,463.66, showing a slight increase of 0.31% from the end of the previous year[5] - The total assets of the company amounted to CNY 5,384,637,463.66, slightly up from CNY 5,367,768,357.56[19] - Total liabilities decreased to CNY 457,867,617.29 from CNY 570,823,719.82, reflecting a reduction of approximately 19.7%[18] - The equity attributable to shareholders increased to CNY 4,444,573,138.85 from CNY 4,341,587,040.23, marking a growth of 2.4%[19] Cash Flow - Cash flow from operating activities for the year-to-date was ¥201,042,551.91, an increase of 40.16% compared to the same period last year[9] - Net cash flow from operating activities increased to CNY 201,042,551.91 from CNY 143,440,696.32, marking an increase of approximately 40%[25] - Cash inflow from investment activities totaled CNY 5,885,456,032.78, compared to CNY 5,276,886,646.05 in the previous year, indicating an increase of about 11.5%[25] - Net cash flow from investment activities was negative at CNY -193,122,989.06, an improvement from CNY -625,079,554.32 in the previous year[25] - Cash flow from financing activities resulted in a net outflow of CNY -79,061,554.59, compared to CNY -65,697,830.17 in the previous year, indicating a worsening of approximately 20%[27] - The ending balance of cash and cash equivalents was CNY 834,710,247.70, down from CNY 927,598,191.91 in the previous year[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 22,013[12] - The largest shareholder, Beijing Yuyuan Ais Semiconductor Technology Co., Ltd., holds 384,750,000 shares, accounting for 30.84% of total shares[12] - The second largest shareholder, RS Technologies, holds 327,090,400 shares, representing 26.22% of total shares[12] - The company has a total of 3,555,336 shares held in the repurchase special securities account, representing 0.28% of total share capital[14] - The company has no shareholders participating in margin trading or securities lending[13] Investment Activities - The company has completed the approval process for acquiring 70% of DG Technologies for a consideration of JPY 119,138.82 million (approximately RMB 58.47 million)[14] - The company is currently accelerating the approval process for foreign direct investment in Japan related to the acquisition[14] - The company received CNY 9,800,000.00 from investment activities, a significant increase from CNY 1,181,388.80 in the previous year[27] Market and Future Outlook - The company is focusing on expanding its market presence and enhancing product development to drive future growth[20]

北京君正集成电路股份有限公司 2025 年第三季度报告 证券代码：300223 证券简称：北京君正 公告编号：2025-063 北京君正集成电路股份有限公司 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。 3.第三季度财务会计报告是否经过审计 | 项目 | 本报告期金额 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | --- | | 非流动性资产处置损益（包 | | | | | 括已计提资产减值准备的冲 | -72,231.40 | 24,099,507.79 | | | 销部分） | | | | | 计入当期损益的政府补助 | | | | | （与公司正常经营业务密切 | | | | | 相关、符合国家政策规定、 | 5,731 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥377,244,865.22, representing a year-on-year increase of 7.14%[7] - The net profit attributable to shareholders for the third quarter was ¥12,369,509.47, a decrease of 7.37% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,430,306.54, down 58.87% year-on-year[7] - The basic earnings per share for the third quarter was ¥0.0621, down 7.45% year-on-year[7] - Net profit surged by 146.16% to ¥103,236,972.81 from ¥41,938,930.64, driven by higher revenue and improved gross margin[13] - Total operating revenue for the current period reached ¥1,334,725,235, an increase of 39% compared to ¥960,577,515.57 in the previous period[41] - Net profit for the current period was ¥103,236,972.81, representing a significant increase of 146% from ¥41,938,930.64 in the previous period[42] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,295,794,541.08, an increase of 29.14% from the end of the previous year[7] - Total assets increased to ¥3,295,794,541.08, up from ¥2,552,123,657.39, marking a growth of approximately 29%[38] - Total liabilities rose to ¥2,474,859,654.85, compared to ¥1,834,498,518.70, indicating a 35% increase[38] - The company's total equity attributable to shareholders increased by 14.40% to ¥820,934,886.23 compared to the end of the previous year[7] - The company's equity attributable to shareholders increased to ¥820,934,886.23 from ¥717,625,138.69, a rise of about 14%[38] Cash Flow - The company's cash flow from operating activities for the year-to-date period was ¥170,727,063.61, a decrease of 12.53% compared to the previous year[7] - Cash flow from operating activities decreased by 12.53% to ¥170,727,063.61, attributed to increased payments related to operating activities[14] - Cash flow from investing activities showed a drastic decline of 432.13%, amounting to -¥144,257,842.79, due to increased capital expenditures for expansion projects[14] - Cash flow from financing activities increased by 246.69% to ¥143,031,964.17, primarily due to increased loans for fixed asset investments[14] - Cash inflow from operating activities totaled 1,683,498,281.00, up from 1,408,394,495.12 in the previous period, representing an increase of approximately 19.5%[43] - Net cash flow from operating activities decreased to 170,727,063.61 from 195,175,011.68, a decline of about 12.3%[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,169, with no preferred shareholders[16] - The largest shareholder, Zhang Songming, holds 25.71% of the shares, totaling 51,175,449 shares[16] Legal Matters - The company is involved in a significant arbitration case with A-one Products & Bottlers Ltd., claiming approximately $18.16 million in damages[17] - The Tanzanian High Court recognized the arbitration ruling, allowing the execution of the decision, which includes a payment of $4.12 million to A-one and a receivable of approximately $714,400 from A-one[18] - A-one has filed a lawsuit against the company for $4.8454 million due to delayed and undelivered parts from 2012 to 2015[19] - The company was ordered to pay approximately $4.8454 million in damages, interest, and legal fees to A-one as per the judgment received on October 9, 2019[20] - The company has filed an appeal against the judgment, which was rejected by the Tanzanian High Court[21] - The total amount claimed by A-one for execution, including principal and interest, is approximately $10.2399 million[21] Future Plans and Approvals - The company plans to apply for a credit limit of up to RMB 1.201 billion for operational and investment needs in 2025[24] - The company has approved a daily related party transaction amount not exceeding RMB 28.6 million for 2025[23] - The company will distribute a cash dividend of RMB 0.052 per share for the 2024 fiscal year, based on a total share capital of 199,029,050 shares[26] Impairment Losses - In 2024, the company recognized asset impairment losses of CNY 6.6561 million and credit impairment losses of CNY 28.6551 million, reducing the total profit by CNY 35.3112 million[28] - In Q1 2025, the company recorded asset impairment losses of CNY 2.1983 million and credit impairment losses of CNY 10.9039 million, leading to a decrease in total profit by CNY 13.1022 million[29] - For the first half of 2025, the company reported asset impairment losses of CNY 4.0117 million and credit impairment losses of CNY 13.0184 million, which reduced total profit by CNY 17.0301 million[32] Current Assets - As of September 30, 2025, the company's cash and cash equivalents amounted to CNY 817.12 million, an increase from CNY 555.73 million at the beginning of the period[36] - Accounts receivable increased to CNY 499.78 million from CNY 375.11 million, reflecting a growth of approximately 33.2%[36] - Inventory rose to CNY 1.1304 billion from CNY 1.0089 billion, indicating an increase of about 12.0%[36] - The company’s total current assets reached CNY 2.6609 billion, up from CNY 2.0822 billion, representing a growth of approximately 28.0%[36] - The company’s fixed assets increased to CNY 322.06 million from CNY 281.14 million, showing a growth of about 14.6%[36] - The company’s long-term equity investments rose to CNY 12.91 million from CNY 9.98 million, reflecting a growth of approximately 29.4%[36] Business Development - The company completed the business registration change for its wholly-owned subsidiary, indicating ongoing business development efforts[30]

Financial Performance - Total revenue for Q3 2025 was ¥228,254,357.54, a decrease of 46.81% compared to the same period last year[7] - Net profit attributable to shareholders was -¥37,122,813.90, representing a decline of 136.40% year-on-year[7] - The net profit after deducting non-recurring gains and losses was -¥21,243,955.22, down 122.34% from the previous year[7] - Basic and diluted earnings per share were both -¥0.0122, a decrease of 136.31% compared to the same period last year[7] - Revenue for the first nine months of 2025 was ¥1,161,896,181.62, a decrease of 33.15% year-on-year, primarily due to a decline in real estate sales prices and volumes[13] - Total operating revenue for the current period is ¥1,161,896,181.62, a decrease of 33.1% compared to ¥1,738,023,035.40 in the previous period[21] - Net profit for the current period is ¥100,100,070.56, a decline of 71.5% from ¥352,055,133.48 in the previous period[22] - Earnings per share (basic and diluted) decreased to ¥0.0330 from ¥0.1167 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,391,178,232.03, down 6.84% from the end of the previous year[7] - The company's total current assets decreased from 10,303,989,131.46 CNY to 9,748,736,809.07 CNY, a decline of approximately 5.4%[19] - Total non-current assets decreased from 4,070,958,136.99 CNY to 3,642,441,422.96 CNY, a decline of about 10.5%[19] - Total assets decreased from 14,374,947,268.45 CNY to 13,391,178,232.03 CNY, a decline of approximately 6.9%[19] - Total current liabilities decreased from 3,600,837,531.27 CNY to 2,973,210,290.65 CNY, a decline of about 17.4%[19] - Total non-current liabilities decreased from 1,004,981,510.44 CNY to 891,780,307.33 CNY, a decline of approximately 11.3%[19] - Total liabilities decreased to ¥3,956,936,241.42 from ¥4,692,561,470.82, reflecting a reduction of 15.7%[20] - Total equity attributable to shareholders was ¥9,345,171,016.30, a slight decrease of 0.71% from the previous year[7] - Total equity attributable to shareholders decreased to ¥9,345,171,016.30 from ¥9,412,197,584.23, a decline of 0.7%[20] Cash Flow - The company reported a significant drop in operating cash flow, with a net cash flow from operating activities of ¥9,956,136.25, down 90.43% year-on-year[7] - Cash flow from operating activities generated a net amount of ¥9,956,136.25, significantly lower than ¥104,044,949.75 in the previous period[24] - The company reported a decrease in cash and cash equivalents from 852,584,953.63 CNY to 625,929,315.15 CNY, a decline of about 26.5%[18] - The ending balance of cash and cash equivalents was $389.41 million, up from $311.98 million year-over-year[25] - The net increase in cash and cash equivalents was -$90.46 million, compared to -$23.12 million last year[25] Investment and Financing Activities - The company recorded a loss of -¥14,649,616.37 in investment income, a dramatic decline of 30,071.84% compared to the previous year[13] - Other income decreased by 55.94% to ¥559,084.27, mainly due to reduced government subsidies and tax incentives[13] - Net cash flow from investment activities was $177.49 million, an increase from $147.23 million year-over-year[25] - Cash inflow from financing activities totaled $734.33 million, down from $841.00 million in the previous period[25] - Cash outflow from financing activities was $1.01 billion, compared to $1.12 billion last year[25] - The net cash flow from financing activities was -$277.90 million, slightly worse than -$274.39 million in the previous year[25] - Cash inflow from investment activities was $186.78 million, compared to $151.78 million last year[25] - Cash outflow for the acquisition of fixed assets and intangible assets was $9.29 million, an increase from $4.56 million[25] - Cash received from borrowings was $527.13 million, down from $641.00 million in the previous period[25] - Cash received from other financing activities was $207.20 million, slightly up from $200.00 million[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 97,961[15] - The largest shareholder, Suning Global Group, holds 17.46% of shares, totaling 529,966,134 shares, with 291,479,991 shares pledged[15]

Financial Performance - The company's revenue for Q3 2025 reached ¥7,692,325,128.43, an increase of 5.63% compared to the same period last year[5] - Net profit attributable to shareholders was ¥565,156,151.96, a slight decrease of 0.57% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥571,336,319.72, down 13.25% from the previous year[5] - Total revenue for the current period reached ¥22,336,551,337.32, an increase of 17.9% compared to ¥18,974,765,447.01 in the previous period[23] - Operating profit for the current period was ¥1,899,241,515.51, up from ¥1,471,429,151.96, reflecting a growth of 28.9%[24] - Net profit attributable to shareholders of the parent company was ¥1,787,715,205.20, compared to ¥1,406,806,972.61 in the previous period, marking an increase of 27.0%[24] - Total comprehensive income reached ¥1,823,124,808.78, up from ¥1,412,947,153.28, representing a year-over-year increase of approximately 28.9%[25] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥27,242,299,948.98, reflecting a growth of 26.81% compared to the end of the previous year[5] - Total assets increased to ¥27,242,299,948.98, compared to ¥21,483,325,692.05, reflecting a growth of 26.9%[22] - Total liabilities rose to ¥12,458,677,516.83, up from ¥11,717,785,116.37, indicating an increase of 6.3%[22] - The company's equity attributable to shareholders increased to ¥14,643,138,658.60 from ¥9,643,271,178.38, a significant rise of 52.0%[22] Cash Flow - The company's cash flow from operating activities for the year-to-date reached ¥2,259,552,303.53, a significant increase of 169.30%[13] - Net cash flow from operating activities was ¥2,259,552,303.53, compared to ¥839,035,141.40 in the previous period, indicating a significant increase of 169.5%[25] - Cash inflow from operating activities totaled ¥26,850,826,803.08, up from ¥20,016,153,239.37, marking a growth of 34.0%[25] - Cash outflow from investing activities was ¥2,995,601,435.74, compared to ¥1,184,774,440.21, resulting in a year-over-year increase of 153.5%[26] - Net cash flow from financing activities was ¥3,571,529,270.41, a turnaround from a negative cash flow of ¥393,568,388.09 in the previous period[26] - Total cash and cash equivalents at the end of the period amounted to ¥5,149,730,931.18, compared to ¥577,383,799.17 at the end of the previous period, showing a substantial increase[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 56,502[15] - Guangdong Desay Group holds 28.31% of shares, totaling 157,106,250 shares[15] - Huizhou Innovation Investment Co., Ltd. holds 21.68% of shares, totaling 120,299,592 shares[15] Expenses - The company reported a 75.89% increase in selling expenses, totaling ¥254,371,615.82, due to business expansion and customer acquisition efforts[11] - Research and development expenses increased to ¥2,002,625,618.49, up from ¥1,651,320,904.19, representing a rise of 21.2%[23] - The company reported a total operating cost of ¥20,716,588,617.51, which is an increase of 18.9% from ¥17,453,097,289.28 in the previous period[23] Investment Activities - Investment income increased by 185.73% to ¥83,888,251.40, attributed to the disposal of equity in an associated company[12] - The company raised a total of ¥4,398,799,965.00 from issuing 41,893,333 shares to specific investors[17] - Cash inflow from investment activities was ¥1,577,149,803.20, significantly higher than ¥182,976,106.67 in the prior period, indicating a growth of 764.5%[26] - The company received ¥4,396,999,965.00 from investment activities, reflecting strong capital inflow[26] Equity and Share Capital - The company's total equity attributable to shareholders rose by 51.85% to ¥14,643,138,658.60 compared to the end of the previous year[5] - The total share capital increased from 554,949,301 shares to 596,842,634 shares[18] - Long-term equity investments decreased to ¥345,462,345.91 from ¥369,608,380.43[20] - Long-term borrowings increased to ¥251,320,000.00 from ¥219,417,114.45, showing a growth of 14.5%[22] Inventory and Current Assets - Total current assets rose to ¥21,414,416,050.12 from ¥16,434,310,809.14[20] - Inventory increased to ¥5,003,058,945.06 from ¥3,696,466,028.03[20] Other Comprehensive Income - Other comprehensive income after tax for the current period was ¥18,505,238.77, compared to a loss of ¥4,347,699.94 in the previous period[24]

Financial Performance - The company's revenue for Q3 2025 was ¥186,280,004.34, representing a 0.67% increase year-over-year, while the year-to-date revenue reached ¥571,797,884.92, up 10.68% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was ¥21,767,863.48, a significant increase of 94.06% year-over-year, with a year-to-date net profit of ¥69,790,990.36, up 38.54%[5] - The basic earnings per share for Q3 2025 was ¥0.1814, reflecting a 94.01% increase compared to the same period last year, while the diluted earnings per share also stood at ¥0.1814[5] - Total operating revenue increased to ¥571,797,884.92, up from ¥516,603,343.70, representing a growth of approximately 10.5% year-over-year[21] - Net profit for the period reached ¥86,109,617.24, a significant increase from ¥69,231,397.43, marking a growth of approximately 24.4% year-over-year[22] - Total comprehensive income reached ¥86,075,792.03, up from ¥69,150,905.23, representing a growth of approximately 24.4% year-over-year[23] - Net income attributable to the parent company was ¥69,757,165.15, compared to ¥50,309,920.17 in the previous period, indicating a year-over-year increase of about 38.5%[23] - Basic and diluted earnings per share increased to ¥0.5816 from ¥0.4198, reflecting a growth of approximately 38.5%[23] Cash Flow - Cash flow from operating activities for the year-to-date period reached ¥94,289,089.17, showing a remarkable increase of 444.51%[5] - Cash flow from operating activities generated ¥451,506,897.32, an increase from ¥392,128,810.85, representing a growth of about 15.1%[23] - Net cash flow from operating activities was ¥94,289,089.17, significantly up from ¥17,316,454.39, marking an increase of approximately 445.5%[23] - Cash flow from investing activities was positive at ¥10,219,853.63, a turnaround from a negative cash flow of -¥165,897,817.48 in the previous period[24] - Cash flow from financing activities resulted in a net outflow of -¥275,042,515.97, compared to a net inflow of ¥55,436,247.80 previously[24] Assets and Liabilities - The company's total assets as of September 30, 2025, were ¥1,247,575,596.09, a decrease of 12.96% from the end of the previous year[5] - The company's total assets decreased to ¥1,247,575,596.09 from ¥1,433,301,737.70, indicating a reduction of about 12.9%[19] - Total liabilities remained relatively stable at ¥325,992,421.14, slightly up from ¥325,939,584.95[19] - The company’s total equity attributable to shareholders decreased by 5.82% to ¥921,583,174.95 compared to the end of the previous year[5] - The equity attributable to shareholders decreased to ¥921,583,174.95 from ¥978,503,381.56, a decline of approximately 5.8%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,406[12] - The largest shareholder, Dong Jing, holds 35.33% of shares, totaling 42,399,000 shares[12] - The number of restricted shares held by Dong Jing decreased from 42,399,000 to 31,799,250 after the release of 10,599,750 shares[16] - The company has a total of 66,672,000 restricted shares at the beginning of the period, with 23,870,250 shares released during the period[16] Expenses - Total operating costs rose to ¥473,891,125.21, compared to ¥435,814,385.71, reflecting an increase of about 8.7% year-over-year[21] - Research and development expenses increased to ¥31,311,664.00, compared to ¥28,953,156.11, reflecting a growth of about 7.9% year-over-year[21] - The company reported a decrease in financial expenses, with interest expenses at ¥594,226.23, down from ¥2,377,400.68[21] Other Financial Metrics - The company reported a 66.54% decrease in investment income for the year-to-date period, totaling ¥231,421.85, primarily due to a reduction in newly purchased and held financial products[9] - The cash and cash equivalents decreased by 58.28% to ¥127,897,870.84, mainly due to the acquisition of remaining equity in a subsidiary during the reporting period[9] - The ending cash and cash equivalents balance was ¥122,774,163.47, down from ¥343,541,503.38, indicating a decrease of approximately 64.3%[24] - The company received cash from sales of goods and services totaling ¥444,006,821.29, compared to ¥376,805,295.71 in the prior period, reflecting an increase of about 17.8%[23] Audit Information - The company did not undergo an audit for the third quarter financial report[25]

证券代码：600696 证券简称：*ST 岩石 上海贵酒股份有限公司 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。 上海贵酒股份有限公司 2025 年第三季度报告 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 | 6,512,508.60 | -83.49 | 34,7 ...