Financial Performance - The company's operating revenue for the third quarter was ¥1,388,382,022.48, a decrease of 11.53% compared to the same period last year[4] - The total profit for the quarter was a loss of ¥20,895,288.91, with a year-to-date loss of ¥183,870,664.92[4] - The net profit attributable to shareholders was a loss of ¥18,335,920.67 for the quarter, and a loss of ¥181,786,652.55 year-to-date[4] - Total operating revenue for the first three quarters of 2025 was approximately ¥3.96 billion, a decrease of 23.1% compared to ¥5.14 billion in the same period of 2024[26] - The net profit for the first three quarters of 2025 was a loss of approximately ¥183.45 million, compared to a loss of ¥307.77 million in the same period of 2024, representing an improvement of 40.5%[28] - The company's operating revenue for the first three quarters of 2025 was CNY 3,088,829,162.07, a decrease of 27.2% compared to CNY 4,242,387,551.97 in the same period of 2024[38] - The net profit for the first three quarters of 2025 was CNY 4,275,605.99, recovering from a net loss of CNY 51,387,603.54 in the first three quarters of 2024[38] Cash Flow - The cash flow from operating activities for the year-to-date was ¥553,602,583.82, showing a significant increase of 1,021.86%[5] - Net cash flow from operating activities reached 1,021.86 million yuan, primarily due to a decrease in cash paid for raw material procurement compared to the same period last year[10] - The cash flow from operating activities for the first three quarters of 2025 was approximately ¥553.60 million, significantly up from ¥49.35 million in the same period of 2024[31] - The total cash flow from financing activities was negative CNY 457,673,810.90, compared to a positive cash flow of CNY 45,148,361.16 in the previous period[32] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 534,712,509.47, a significant increase from CNY 150,527,063.17 in the same period of 2024, representing a growth of approximately 254%[39] - Total cash inflow from operating activities reached CNY 2,332,923,706.38, compared to CNY 1,941,565,740.92 in the previous year, indicating an increase of about 20%[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,588,959,598.14, a decrease of 12.70% from the end of the previous year[5] - The company's total assets decreased to CNY 6,593,032,885.73 from CNY 9,228,086,183.41 year-over-year[36] - The total liabilities as of the reporting date were approximately ¥5.68 billion, a decrease of 15.8% from ¥6.75 billion in the previous year[24] - The total liabilities decreased to CNY 3,140,457,948.18 from CNY 5,779,473,124.99 year-over-year[36] - The company's current liabilities totaled approximately 4.15 billion yuan, down from 5.24 billion yuan at the end of 2024[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,013[13] - The largest shareholder, Kunming Steel Holding Co., Ltd., holds 58.19% of the shares, amounting to 645,896,916 shares[13] - The total equity attributable to shareholders was approximately ¥2.84 billion, down from ¥3.02 billion in the previous year, reflecting a decrease of 5.9%[24] - The total equity increased slightly to CNY 3,452,574,937.55 from CNY 3,448,613,058.42 year-over-year[36] Expenses - The company reported a decrease in financial expenses, but still faced losses due to tight coking coal resources and insufficient demand from upstream steel mills[9] - The company reported a decrease in financial expenses by 38.09 million yuan due to lower financing costs and scale compared to the same period last year[10] - The company's financial expenses for the first three quarters of 2025 were approximately ¥67.34 million, down 38.2% from ¥108.77 million in the same period of 2024[27] - Research and development expenses for the first three quarters of 2025 were approximately ¥11.66 million, an increase of 18.7% compared to ¥9.81 million in the same period of 2024[27] - Research and development expenses increased significantly to CNY 5,487,478.57 from CNY 1,238,936.92 in the previous year, indicating a focus on innovation[38] Asset Management - Cash and cash equivalents increased to 54.73 million yuan due to the disposal of idle assets from Anning subsidiary and increased cash collections from Shizong company[10] - Accounts receivable decreased by 39.76 million yuan primarily due to a reduction in receivables from coke sales compared to the end of the previous year[10] - Prepayments increased by 458.49 million yuan mainly due to higher advance payments for raw coal procurement compared to the end of the previous year[10] - Contract liabilities rose by 111.10 million yuan as a result of increased prepayments for coking products compared to the end of the previous year[10] - Cash received from the disposal of fixed assets amounted to 412.63 million yuan, mainly from the disposal of idle fixed assets from Anning subsidiary[11] - The company approved the public transfer of idle assets from its Anning branch, with an assessed value of 72.19 million yuan, and successfully sold them for 122.24 million yuan[18] Legal Matters - The company is actively responding to a lawsuit regarding a railway cargo transport contract dispute, with court hearings held in August 2025[17] Future Plans - The company plans to apply for a loan of 19 million yuan from Bohai Bank, with a two-year term, secured by its subsidiary's property[17]

Revenue and Profit - The company's revenue for the third quarter reached ¥2,486,378,130.97, an increase of 30.61% compared to the same period last year[3]. - Total profit for the quarter was ¥357,539,917.06, representing a decrease of 8.39% year-over-year[3]. - Net profit attributable to shareholders was ¥313,169,009.42, down 4.90% from the previous year[3]. - Total operating revenue for the first three quarters of 2025 reached ¥6,570,358,782.76, a slight increase of 0.4% compared to ¥6,544,252,179.84 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was ¥880,537,435.50, a decrease of 19.6% compared to ¥1,095,625,259.20 in the previous year[19]. - The company's operating profit for the first three quarters was ¥1,027,836,951.62, down from ¥1,288,604,728.94 in the same period last year[19]. Earnings and Shareholder Information - Basic earnings per share for the quarter were ¥0.23, a decrease of 4.17% compared to the same period last year[4]. - Basic and diluted earnings per share for the first three quarters were both ¥0.64, compared to ¥0.80 in the previous year[20]. - Total number of common shareholders at the end of the reporting period is 22,926[10]. - The largest shareholder, Jiaxin Yi (Shanghai) Enterprise Management, holds 340,824,831 shares, representing 24.91% of total shares[10]. - Zijin International Trade Co., Ltd. holds 173,064,080 shares, accounting for 12.65% of total shares[10]. - Han Jinghua directly holds 155,736,568 shares, which is 11.38% of total shares[11]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥1,372,330,121.61, an increase of 50.60%[3]. - The company experienced a 50.60% increase in cash flow from operating activities due to reduced procurement of coking coal[8]. - Cash inflow from operating activities for the first three quarters of 2025 was approximately ¥7.70 billion, compared to ¥8.16 billion in the same period of 2024, representing a decrease of about 5.67%[22]. - Net cash flow from operating activities increased to approximately ¥1.37 billion in 2025, up from ¥911.22 million in 2024, marking an increase of approximately 50.67%[23]. - Cash outflow from investment activities in the first three quarters of 2025 was approximately ¥2.61 billion, compared to ¥3.50 billion in 2024, indicating a decrease of about 25.38%[23]. - The company reported an investment income of ¥41,170,608.16, which is an increase from ¥19,638,947.69 in the previous year[19]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥7,996,869,004.77, reflecting a 4.61% increase from the end of the previous year[4]. - The total assets of the company amounted to ¥7,996,869,004.77, an increase from ¥7,644,606,152.08 at the end of the previous period[16]. - Total liabilities increased to ¥2,072,089,914.57, compared to ¥1,904,293,097.51 in the previous year[16]. - Total current assets as of September 30, 2025, amount to 3,791,263,208.79 RMB, an increase from 3,480,479,358.72 RMB as of December 31, 2024[14]. - Cash and cash equivalents increased to 1,953,832,873.27 RMB from 925,456,505.82 RMB[14]. - Accounts receivable rose to 298,974,052.07 RMB from 254,539,469.75 RMB[14]. - Inventory decreased to 551,574,571.08 RMB from 1,374,194,847.05 RMB[14]. - Long-term equity investments increased to 731,523,320.31 RMB from 702,402,557.09 RMB[14]. Operational Efficiency and Market Strategy - The company's cash flow from operating activities showed a significant change, reflecting the operational efficiency and liquidity management[21]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[21]. - Non-recurring gains and losses for the quarter totaled -¥7,124,418.88, significantly impacting net profit[7]. - The company has no significant changes in the shareholding structure or participation in margin trading[12].

南京肯特复合材料股份有限公司 2025 年第三季度报告 证券代码：301591 证券简称：肯特股份 公告编号：2025-044 南京肯特复合材料股份有限公司 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.第三季度财务会计报告是否经过审计 □是 否 1 南京肯特复合材料股份有限公司 2025 年第三季度报告 一、主要财务数据 适用 □不适用 | | | 单位：元 | | | --- | --- | --- | --- | | 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 | -2,745.05 | -82,017.75 | | | 销部分） 计入当期损益的政府补助 | | | | | （与公司正常经 ...

Financial Performance - Revenue for Q3 2025 was CNY 336.67 million, a decrease of 36.10% compared to the same period last year[3] - Total profit for the year-to-date period was CNY 92.65 million, down 60.28% year-on-year[3] - Net profit attributable to shareholders for the year-to-date period was CNY 80.79 million, a decline of 58.39% compared to the previous year[3] - Basic and diluted earnings per share for the year-to-date period were both CNY 0.20, a decrease of 57.45% compared to the previous year[3] - Operating profit for the first three quarters of 2025 was CNY 85,967,211.72, a decline of 63.3% from CNY 234,380,412.46 in the same period of 2024[17] - The total profit for the current period is ¥92,653,437.43, a decrease from ¥233,267,825.05 in the previous period, representing a decline of approximately 60.3%[18] - The net profit attributable to the parent company's shareholders is ¥80,786,973.31, down from ¥194,132,141.59, indicating a decrease of about 58.3%[18] - Basic and diluted earnings per share for the current period are both ¥0.20, compared to ¥0.47 in the previous period, reflecting a decline of approximately 57.4%[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 50.06 million, down 43.72% year-on-year[3] - Cash flow from operating activities for the first three quarters of 2025 is ¥50,063,635.17, down from ¥88,961,699.77 in the same period of 2024, a decrease of about 43.5%[21] - Cash inflow from investment activities is ¥62,253,447.96, compared to ¥85,564,226.37 in the previous year, showing a decline of approximately 27.2%[21] - Cash outflow from investment activities increased significantly to ¥328,744,570.00 from ¥152,846,887.68, representing an increase of about 114.5%[22] - Net cash flow from financing activities is ¥7,273,161.76, a recovery from a net outflow of ¥55,753,408.70 in the previous period[22] - The ending cash and cash equivalents balance is ¥265,690,689.23, down from ¥537,295,877.65, indicating a decrease of approximately 50.6%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2.85 billion, a decrease of 10.77% from the end of the previous year[4] - Total assets as of September 30, 2025, were CNY 2,848,168,533.14, down 10.8% from CNY 3,192,107,890.63 at the end of 2024[15] - Total liabilities decreased to CNY 1,300,022,155.19, a reduction of 18.6% from CNY 1,597,480,848.71 at the end of 2024[15] - Shareholders' equity attributable to shareholders at the end of the reporting period was CNY 1.48 billion, down 3.05% from the end of the previous year[4] - Cash and cash equivalents decreased to CNY 265,692,689.23 as of September 30, 2025, down 44.0% from CNY 474,845,014.34 at the end of 2024[13] - Accounts receivable decreased to CNY 549,054,314.51, a decline of 24.6% from CNY 728,669,788.22 at the end of 2024[13] - Non-current assets increased to CNY 1,438,938,454.05, up 3.2% from CNY 1,394,122,568.79 at the end of 2024[14] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 19,391,017.47, a decrease of 35.0% compared to CNY 29,839,167.47 in the same period of 2024[17] Other Income - The company reported non-operating income of CNY 7.12 million for the current period, primarily from government subsidies[6] - The company reported a net loss from investments of CNY 3,187,150.12 for the first three quarters of 2025, compared to a profit of CNY 1,017,969.37 in the same period of 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,336[9] Accounting Standards - The company has not applied new accounting standards or interpretations for the first time in 2025[23]

宁波利安科技股份有限公司 2025 年第三季度报告 证券代码：300784 证券简称：利安科技 公告编号：2025-080 宁波利安科技股份有限公司 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 □是 否 1 宁波利安科技股份有限公司 2025 年第三季度报告 单位：元 2 宁波利安科技股份有限公司 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 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | ...

Financial Performance - The company's operating revenue for the third quarter was CNY 4,401,915,131.10, representing a year-on-year decrease of 5.69% compared to CNY 13,575,421,246.92 for the same period last year[5]. - Total profit for the quarter was CNY 78,560,719.63, down 38.51% from CNY 240,260,195.96 in the previous year[5]. - Net profit attributable to shareholders was CNY 52,082,687.21, a decrease of 31.18% compared to CNY 182,404,729.39 in the same period last year[5]. - The basic earnings per share for the quarter was CNY 0.0439, down 32.98% from CNY 0.1557 in the previous year[6]. - The net profit excluding non-recurring gains and losses was CNY 46,547,142.38, down 35.08% from CNY 159,751,509.56 in the previous year[5]. - The net profit for the first three quarters of 2025 is CNY 190,590,533.01, a decrease of 18.0% compared to CNY 232,518,889.19 in the same period of 2024[48]. - Operating profit for the first three quarters of 2025 is CNY 235,206,713.25, down from CNY 297,199,728.22 in 2024, reflecting a decline of 20.9%[48]. - The total comprehensive income for the first three quarters of 2025 is CNY 190,590,533.01, compared to CNY 232,518,889.19 in 2024, reflecting a decrease of 18.0%[48]. - Basic and diluted earnings per share for the first three quarters of 2025 are both CNY 0.1557, down from CNY 0.1898 in 2024[48]. Assets and Liabilities - Total assets at the end of the quarter were CNY 30,651,489,748.22, a decrease of 4.32% from CNY 32,035,262,076.88 at the end of the previous year[6]. - Current assets as of September 30, 2025, totaled CNY 21,914,917,282.75, down from CNY 23,833,141,846.35 at the end of 2024, a decline of 8.0%[42]. - Total liabilities as of September 30, 2025, were CNY 25,611,380,319.88, compared to CNY 26,596,302,722.55 at the end of 2024, a decrease of 3.7%[44]. - The company's cash and cash equivalents decreased to CNY 4,584,602,535.83 from CNY 5,547,965,925.31, a decline of 17.4%[42]. - The total equity attributable to shareholders was CNY 4,541,045,926.52 as of September 30, 2025, down from CNY 4,982,349,733.77 at the end of 2024, a decrease of 8.8%[44]. - Long-term borrowings increased to CNY 2,353,142,500.00 from CNY 1,970,677,465.55, reflecting a rise of 19.4%[44]. Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 562,184,916.91, compared to a net outflow of CNY 1,798,223,024.67 for the same period last year[5]. - The cash flow from operating activities for the first three quarters of 2025 is negative at CNY -1,798,223,024.67, slightly worse than CNY -1,776,535,269.74 in 2024[51]. - The company reported a total cash inflow from financing activities of CNY 7,867,161,126.86 in 2025, an increase of 52.9% from CNY 5,148,861,196.44 in 2024[51]. - The cash and cash equivalents at the end of the period are CNY 4,416,025,562.65, up from CNY 4,137,161,232.69 at the end of 2024[51]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 75,690[13]. - The largest shareholder, Ningbo Transportation Investment Group Co., Ltd., holds 292,000,000 shares, accounting for 26.87% of total shares[13]. - The company has a total of 292,000,000 unrestricted circulating shares held by the largest shareholder[14]. - The second-largest shareholder, Wu Qingsheng, holds 16,152,100 shares, representing 1.49%[14]. Legal Matters - The company has ongoing litigation with Jilin Baishan Hefeng Real Estate Co., Ltd. regarding a construction contract, with a disputed amount of 38,464,504.00 RMB[15]. - The company has received a total of 10 million RMB from Ningbo Xiangge Real Estate Development Co., Ltd. as part of a bankruptcy claim[16]. - The company is pursuing a claim of 39,432,865 RMB against Ningbo Qianhe Real Estate Co., Ltd. due to a construction contract dispute[19]. - The company has filed a claim of 89,687,437 RMB against the Fifth Hospital and Taicang Kanglaite Real Estate Co., Ltd. due to a construction contract dispute[20]. - The company has received a total of 54,468,885.59 RMB from the Fifth Hospital as part of the ongoing bankruptcy claim[20]. - The company is involved in multiple ongoing legal disputes related to construction contracts, with various amounts claimed across different cases[15][16][19][20]. Subsidiary Operations - The company’s subsidiary, Ningbo Construction Engineering Group, has a court ruling confirming that Aruya Company owes 62,171,140.91 CNY in project payments, with priority rights for recovery from auction proceeds[21]. - The company’s subsidiary, Municipal Group, was awarded 140,122,596.46 CNY in project payments and 10,595,879.67 CNY in penalties from Anshun Transportation Construction Investment, but the latter has not complied with the settlement agreement[23]. - The company’s subsidiary, Construction Group, has a court ruling requiring Yuyiao Shengjian to pay 110,741,369.72 CNY in project payments and interest, with priority rights for recovery[24]. - The company’s subsidiary, Construction Group, has been awarded 70,515,386.36 CNY in project payments and interest from Yuyiao Yucheng, with priority rights for recovery[25]. - The company’s subsidiary, Construction Group, has a court ruling confirming that Suihua Company owes 132,113,647.39 CNY in project payments and overdue interest, with priority rights for recovery[26]. - The company’s subsidiary, Construction Group, has been awarded 80,815,980.6 CNY in project payments and interest from Ningbo Hengyue Real Estate[28]. - The company’s subsidiary, Construction Group, has received a ruling for 54,478,214.14 CNY in project payments and interest from Yongyao Real Estate, with partial payments received[29]. - The company’s subsidiary, Construction Group, has a ruling for 73,997,377.80 CNY in damages and 4,243,631.94 CNY for renovation works from Hongdian Real Estate[30]. - The company has initiated legal proceedings against Taicang Kanglaite for 35,000,000 CNY, which is currently under appeal[30]. - The company’s subsidiary, Municipal Group, has been awarded 100,000,000 CNY in principal and interest from Kunming Urban Construction Investment[30]. - The company subsidiary, Jian Gong Group, is involved in a construction contract dispute, seeking payment of CNY 36,342,551.93 and corresponding interest from Pingyang Jincheng Real Estate Co., Ltd.[28]. - Jian Gong Group has a pending lawsuit against Ningbo Tongrun Ding Trading Co., Ltd. for steel material interest totaling CNY 41,206,397.86, with an additional interest of CNY 692,353.96 calculated until June 8, 2023, and has agreed to pay CNY 20 million as part of a court mediation.[29]. - Jian Gong Group has reached an agreement with Yuyao Guangtian Jianchang Real Estate Development Co., Ltd. for a payment of CNY 43,899,067.19, which is currently being executed.[30]. - The company has a court ruling requiring Ningbo Yudu Real Estate Co., Ltd. to pay CNY 241,351,398.76 and corresponding interest, with Evergrande Real Estate Group Shanghai Shengjian Real Estate Co., Ltd. bearing joint liability.[31]. - Jian Gong Group is pursuing a claim against Ningbo Xiangyuan Tourism Development Co., Ltd. for overdue construction payments of CNY 111,905,151.68, with additional claims for joint liability against related companies.[33]. Contracts and Projects - The company has signed significant contracts, including a total contract amount of CNY 78,680.48 million for an EPC project with Zhongnengjian Future Community Development (Ningbo) Co., Ltd.[37]. - The company has also entered into a contract for the construction of the East Extension of the Ring City South Road, with a contract amount of CNY 57,684.30 million.[38]. - The company is in the process of issuing shares to purchase assets, with the board meetings and shareholder approvals taking place in late 2024 and early 2025.[40]. Operating Costs - Total operating revenue for the first three quarters of 2025 was CNY 13,575,421,246.92, a decrease of 5.7% compared to CNY 14,393,943,582.97 in the same period of 2024[46]. - Total operating costs for the first three quarters of 2025 were CNY 13,265,053,088.38, down from CNY 13,986,650,708.95 in 2024, reflecting a reduction of 5.2%[46]. - Operating costs included CNY 12,332,749,266.66 in operating expenses for 2025, compared to CNY 13,019,346,766.35 in 2024, indicating a decrease of 5.3%[46].

浙江泰福泵业股份有限公司 2025 年第三季度报告 证券代码：300992 证券简称：泰福泵业 公告编号：2025-079 债券代码：123160 债券简称：泰福转债 浙江泰福泵业股份有限公司 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.第三季度财务会计报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 1 浙江泰福泵业股份有限公司 2025 年第三季度报告 | 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 | -19,143.76 | -619,153.09 | | | 提资产减值准备的冲销部分） | | | | | 计入当期损益的政府 ...

无锡商业大厦大东方股份有限公司 2025 年第三季度报告 证券代码：600327 证券简称：大东方 无锡商业大厦大东方股份有限公司 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。 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 | | | | 年初至报 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本报告 | | | 比上年同 | 年初至 | | | 告期末比 上年同期 | | 项目 | | | 上年同期 | 期增减变 | 报告期 | 上年同期 | | | | ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,183,339,279.32, a decrease of 33.17% compared to the same period last year[5] - The total profit for the same period was ¥411,363,381.23, reflecting a decline of 38.22% year-over-year[5] - Net profit attributable to shareholders was ¥298,099,415.69, down 47.19% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥238,626,673.03, a decrease of 54.00% year-over-year[5] - Basic earnings per share for Q3 2025 were ¥0.33, down 46.77% from the same period last year[6] - Total operating revenue for the first three quarters of 2025 was CNY 3,932,057,245.53, a decrease of 32.2% compared to CNY 5,805,134,511.20 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was CNY 1,024,117,001.86, a decline of 46.3% compared to CNY 1,907,346,070.63 in 2024[18] - Earnings per share for the first three quarters of 2025 was CNY 1.11, down from CNY 2.07 in the same period of 2024[19] - The company reported a total profit of CNY 1,260,406,214.76 for the first three quarters of 2025, down 43.5% from CNY 2,233,497,637.20 in 2024[18] Cash Flow - The cash flow from operating activities for the year-to-date period decreased by 59.56%, totaling ¥703,511,369.40[5] - Cash flow from operating activities for the first three quarters of 2025 was CNY 703,511,369.40, a decrease of 59.6% compared to CNY 1,739,512,698.34 in 2024[20] - The net cash flow from investment activities was -$562.77 million, an improvement from -$2.08 billion in the previous period[21] - Total cash inflow from financing activities was $763.66 million, compared to $1.16 billion last year[21] - The net cash flow from financing activities decreased to -$1.68 billion from -$877.83 million year-over-year[21] - The ending balance of cash and cash equivalents was $5.13 billion, down from $6.52 billion in the previous year[21] - Cash received from investment activities totaled $4.46 billion, up from $2.75 billion year-over-year[21] - Cash paid for investments was $4.95 billion, compared to $4.68 billion in the previous period[21] - Cash paid for debt repayment was $495.02 million, down from $803.51 million last year[21] - Cash dividends and interest payments amounted to $1.92 billion, an increase from $1.21 billion in the previous year[21] - The cash inflow from investment income was $157.18 million, significantly higher than $31.80 million last year[21] - The cash outflow for financing activities totaled $2.44 billion, compared to $2.04 billion in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,533,531,541.81, a decrease of 10.43% from the end of the previous year[6] - As of September 30, 2025, the total assets of the company amounted to RMB 16,533,531,541.81, a decrease from RMB 18,459,493,906.46 as of December 31, 2024, representing a decline of approximately 10.4%[14] - The company's current assets totaled RMB 12,945,450,807.22, down from RMB 14,702,020,835.04, indicating a decrease of about 12.0%[14] - The cash and cash equivalents decreased to RMB 5,129,898,303.50 from RMB 6,669,362,743.71, reflecting a decline of approximately 23.1%[14] - The company's total liabilities were RMB 2,675,766,914.17, down from RMB 3,733,067,567.74, showing a reduction of around 28.3%[15] - The total equity of the company was RMB 13,857,764,626.64, compared to RMB 14,726,426,338.72, indicating a decrease of about 5.9%[15] - The accounts receivable decreased to RMB 1,549,631,182.31 from RMB 2,173,363,209.42, representing a decline of approximately 28.7%[14] - The inventory decreased to RMB 344,742,726.96 from RMB 569,091,559.26, reflecting a reduction of about 39.4%[14] - The company's total non-current assets were RMB 3,588,080,734.59, down from RMB 3,757,473,071.42, representing a decrease of about 4.5%[14] - The company reported a significant reduction in accounts payable, which decreased to RMB 926,358,020.43 from RMB 1,438,254,024.28, indicating a decline of approximately 35.5%[15] Market Factors - The company attributed the decline in revenue primarily to changes in terminal market demand, particularly for products like Pudilan Oral Liquid and Children's Chiqiao Qingre Granules[9] - Research and development expenses for the first three quarters of 2025 were CNY 271,853,927.95, a decrease of 8.4% from CNY 296,861,461.95 in 2024[17] - Financial income for the first three quarters of 2025 was CNY 64,747,386.59, significantly lower than CNY 229,024,263.75 in the same period of 2024[18]

Financial Performance - The company's revenue for Q3 2025 was ¥4,725,680,047.16, a decrease of 3.66% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥626,986,935.56, reflecting a growth of 1.62% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥624,910,416.67, an increase of 2.92% compared to the previous year[5]. - The basic earnings per share for the period was ¥0.69, up by 1.47% year-on-year[5]. - Total operating revenue for the period reached ¥12,601,393,712.76, an increase of 2.8% compared to ¥12,258,627,268.07 in the previous period[21]. - Net profit for the period was ¥1,161,120,618.75, representing a slight increase from ¥1,142,233,702.76, indicating a growth of about 1.7%[22]. - Earnings per share (EPS) increased to ¥1.30 from ¥1.22, marking a growth of approximately 6.6%[23]. - The company reported a total comprehensive income of ¥1,095,810,488.01, down from ¥1,115,262,095.01, reflecting a decrease of about 1.7%[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥22,430,472,000.27, a decrease of 0.40% from the end of the previous year[5]. - The total assets of the company as of September 30, 2025, amounted to RMB 22,430,472,000.27, a slight decrease from RMB 22,521,514,665.51 at the beginning of the period[17]. - The company's cash and cash equivalents decreased to RMB 2,081,539,386.97 from RMB 2,878,800,911.79, reflecting a decline of approximately 27.7%[17]. - The accounts receivable stood at RMB 5,874,544,567.26, down from RMB 6,402,199,709.44, indicating a reduction of about 8.2%[18]. - The company's inventory increased to RMB 1,895,102,352.45 from RMB 1,748,864,948.86, representing an increase of approximately 8.4%[18]. - Short-term borrowings rose to RMB 4,677,609,362.05 from RMB 4,176,406,647.57, marking an increase of about 12%[19]. - The total liabilities decreased slightly to ¥10,673,619,955.65 from ¥10,759,555,211.11, a reduction of approximately 0.8%[20]. - Total equity attributable to shareholders increased to ¥11,511,849,294.77 from ¥11,482,550,288.34, showing a growth of about 0.3%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,164,512,803.73, an increase of 34.22% compared to the same period last year[9]. - Cash inflow from operating activities totaled ¥14,768,547,015.01, compared to ¥13,531,491,001.78 in the previous period, reflecting a growth of about 9.2%[23]. - The net cash flow from operating activities increased to $2,164,512,803.73, up from $1,612,639,863.99, representing a growth of approximately 34.2%[24]. - The net cash flow from investing activities was negative at -$1,587,829,872.50, compared to -$261,390,786.05 in the previous period, indicating a significant increase in cash outflows for investments[24]. - Cash flow from financing activities resulted in a net outflow of -$1,215,694,866.28, worsening from -$969,695,253.81 year-over-year[24]. - The total cash and cash equivalents at the end of the period decreased to $1,112,161,123.46 from $2,071,371,918.93, reflecting a decline of approximately 46.4%[25]. - The company reported total cash outflows from operating activities of $12,604,034,211.28, compared to $11,918,851,137.79 in the previous period[24]. - Cash inflows from financing activities totaled $3,080,630,221.88, down from $3,326,957,793.21, indicating a decrease of about 7.4%[24]. - The company paid $1,049,114,871.26 in dividends and interest, an increase from $906,878,536.08, showing a rise of approximately 15.7%[24]. - The cash inflow from investment activities was $414,148,132.73, significantly lower than $887,114,033.11 in the previous period, a decrease of about 53.3%[24]. - The company experienced a foreign exchange impact of -$6,253,556.10 on cash and cash equivalents, slightly worse than -$6,147,489.45 previously[24]. Shareholder Information - The company had a total of 11,128 common shareholders at the end of the reporting period[11]. - The largest shareholder, Wu Lanlan, holds 48.52% of the shares, with 446,655,169 shares, of which 334,991,377 are pledged[11]. - The company has not engaged in any financing or securities lending activities among its top 10 shareholders as of the reporting period[12]. Corporate Actions - The company established a wholly-owned subsidiary, Shenzhen Yun Chuang Zhi Yin Technology Co., Ltd., with a registered capital of RMB 1,000,000 on September 2, 2025, focusing on software development and related services[13]. - The company plans to implement an employee stock ownership plan for 2025, with details disclosed on August 27, 2025[15]. - The company has announced the cancellation of some repurchased shares and a reduction in registered capital, with the latest announcement made on August 26, 2025[15]. Research and Development - Research and development expenses were ¥547,724,601.32, slightly up from ¥538,007,292.61, indicating a focus on innovation[21]. Audit Information - The company did not undergo an audit for the third quarter financial report[26].