Financial Performance - The company's operating revenue for Q3 2025 reached ¥352,088,469.60, representing a 27.97% increase compared to ¥275,123,932.66 in the same period last year[5] - Net profit attributable to shareholders was ¥33,889,500.15, a 45.71% increase from ¥23,257,947.24 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥30,142,977.23, up 42.97% from ¥21,083,720.76 in the previous year[5] - Total operating revenue for the current period reached ¥1,232,319,457.06, a significant increase of 42% compared to ¥867,861,201.65 in the previous period[31] - Net profit for the current period was ¥110,784,703.86, representing a 31.5% increase from ¥84,228,864.52 in the previous period[32] - Total comprehensive income reached ¥112,658,794.45, up from ¥85,234,028.59 in the previous period, representing a growth of approximately 32.3%[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,235,738,424.12, reflecting a 6.58% increase from the previous year's end[5] - The company's total assets increased to ¥5,235,738,424.12, compared to ¥4,912,483,266.11, marking an increase of about 6.6%[29] - Total liabilities rose to ¥2,823,098,197.64, up from ¥2,609,536,766.77, indicating an increase of approximately 8.2%[29] - The equity attributable to shareholders of the parent company increased to ¥2,298,992,480.36 from ¥2,192,814,282.05, reflecting a growth of about 4.8%[29] Cash Flow - The net cash flow from operating activities was reported at ¥804,610,078.35, a significant improvement compared to the previous year[5] - Net cash flow from operating activities was negative at -¥804,610,078.35, a decline of 356.16% compared to the previous period, attributed to purchases of goods, employee compensation, and tax payments[16] - Cash inflow from operating activities totaled ¥947,644,859.45, compared to ¥742,715,672.81 in the previous period, marking an increase of about 27.6%[33] - Cash outflow from operating activities surged to ¥1,752,254,937.80, up from ¥919,102,664.25, resulting in a net cash flow from operating activities of -¥804,610,078.35[33] - Cash inflow from financing activities amounted to ¥966,295,747.21, compared to ¥486,353,189.05 in the previous period, reflecting a growth of approximately 98.6%[34] - Cash outflow from financing activities rose to ¥640,427,950.50 from ¥377,464,447.77, resulting in a net cash flow from financing activities of ¥325,867,796.71[34] Expenses - Research and development expenses rose to ¥47,858,425.23, a significant increase of 75.52% compared to ¥27,266,322.38 last year, indicating a focus on innovation[11] - The company experienced a 62.88% increase in selling expenses, amounting to ¥48,238,710.77, attributed to higher employee compensation and service fees[11] - Total operating costs amounted to ¥1,071,145,117.31, up from ¥749,809,234.00, reflecting a growth of approximately 43%[31] Investments - Investment income surged by 172.25% to ¥9,723,208.67, primarily driven by increased interest income from deposits[11] - The company approved a joint investment with professional investment institutions, committing up to RMB 1 billion, representing 10.53% of the total investment in the partnership[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,533, with the largest shareholder holding 45.67% of the shares[18] - The company's capital stock increased by 40.78% to ¥234,921,643.00 due to the conversion of convertible bonds and capital reserves[14] - The company approved the granting of 4.98 million stock options to 31 eligible participants, with an exercise price of RMB 17.32 per option[25] Other Financial Metrics - The weighted average return on equity increased to 1.43%, up 0.37% from the previous year[5] - Deferred income increased by 212.17% to ¥70,672,323.60, mainly due to an increase in government subsidies received[14] - Basic earnings per share increased slightly to ¥0.54 from ¥0.53, while diluted earnings per share decreased to ¥0.48 from ¥0.53[33] Inventory and Receivables - Inventory increased by 54.73% to ¥503,237,879.82, primarily due to procurement and an increase in the scope of consolidation[13] - Accounts receivable increased from RMB 1.49 billion to RMB 1.66 billion during the reporting period[26] - Long-term receivables surged by 488.41% to ¥701,069,117.04, mainly due to the increase in overseas EPC project transfers[13] Audit and Compliance - The company’s financial report for the third quarter was not audited[35]

Financial Performance - Q3 2025 revenue was CNY 3,196,058,547.75, a decrease of 17.27% year-over-year[5] - Net profit attributable to shareholders was CNY 25,164,673.57, down 22.73% compared to the same period last year[5] - Basic earnings per share decreased by 22.84% to CNY 0.0348[5] - Total operating revenue for the current period is ¥8,941,206,192.33, a decrease of 12.34% from ¥10,199,014,854.08 in the previous period[16] - The net profit for the current period is CNY 80,154,189.66, a decrease of 20.3% compared to CNY 100,532,995.39 in the previous period[18] - The total comprehensive income for the current period is CNY 81,743,221.32, down from CNY 108,580,140.78 in the previous period, reflecting a decline of 24.7%[18] - The basic and diluted earnings per share for the current period are both CNY 0.1177, compared to CNY 0.1319 in the previous period, indicating a decrease of 10.4%[18] - The company reported a decrease in operating profit to CNY 110,638,378.47 from CNY 140,726,961.99, representing a decline of 21.4%[18] Assets and Liabilities - Total assets increased by 8.86% to CNY 6,737,403,548.20 compared to the end of the previous year[5] - The company's total assets increased to ¥6,737,403,548.20, up 8.84% from ¥6,189,159,135.56[15] - Total liabilities reached ¥4,441,973,904.28, up 14.06% from ¥3,896,016,005.96[15] - The company's non-current liabilities due within one year increased significantly by 989.53% to approximately ¥243.73 million, primarily due to an increase in long-term borrowings[9] - Long-term equity investments decreased by 62.67% due to the liquidation of an associated company[8] - Short-term borrowings increased by 46.86% to CNY 2,145,739,910.39, driven by operational needs[8] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 247,192,087.77, a 5.37% improvement year-to-date[5] - Cash inflow from operating activities decreased by 14.79% to approximately ¥9.20 billion, with a net cash outflow of ¥247.19 million, reflecting a decline in cash received from sales and services[9] - Cash flow from investing activities resulted in a net outflow of CNY 116,759,491.13, compared to a net outflow of CNY 205,987,238.91 in the previous period, indicating a reduction in cash outflow[20] - Cash flow from financing activities generated a net inflow of CNY 679,502,441.02, down from CNY 879,194,909.81 in the previous period, reflecting a decrease of 22.7%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,224, with no preferred shareholders[11] - The top ten shareholders held a combined 77.66% of the company's shares, with Fuzhou Taishun Industrial Co., Ltd. being the largest shareholder at 22.31%[11] Other Financial Metrics - The company reported a weighted average return on equity of 1.28%, down 0.36% from the previous year[5] - Non-recurring gains and losses for the current period amounted to CNY 4,392,932.94[7] - Investment income decreased by 36.67% to ¥8.67 million, mainly due to reduced gains from the disposal of trading financial assets[9] - The fair value change income surged by 443.29% to ¥388.57 million, attributed to an increase in hedging instruments and related positions compared to the same period last year[9] - The company reported a significant increase in asset disposal gains, amounting to approximately ¥11.98 million, reflecting a 407,662.26% increase compared to the previous period[9] - The company's cash and cash equivalents increased to ¥1,043,773,045.67 from ¥684,256,413.89, representing a growth of 52.55%[13] - Accounts receivable rose to ¥1,705,697,979.58, up 5.48% from ¥1,616,247,936.38[13] - Inventory increased to ¥963,515,959.15, reflecting a rise of 5.67% from ¥911,668,595.62[13] - The company's cash and cash equivalents at the end of the period totaled CNY 758,583,572.34, a decrease from CNY 786,747,306.10 at the end of the previous period[20]

恒力石化股份有限公司 2025 年第三季度报告 证券代码：600346 证券简称：恒力石化 恒力石化股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 1 / 12 单位：万元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 5,349,626.95 -17.98 15,738,358.14 -11.46 利润总额 265,066.27 87.26 666,745.37 0.59 归属于上市公司股东的 净利润 197,242.10 81.47 50 ...

Revenue and Profitability - The company's revenue for Q3 2025 was ¥1,092,432,006.28, a decrease of 9.95% compared to the same period last year[5] - Net profit attributable to shareholders was ¥25,217,931.45, an increase of 136.55% year-on-year, while net profit excluding non-recurring items was ¥1,148,777.26, up 101.47%[5] - The company's operating revenue for the period was CNY 3,464.27 million, a decrease of CNY 553.49 million or 13.78% compared to the same period last year[13] - The net profit attributable to shareholders decreased by CNY 14.29 million or 34.45%, totaling CNY 27.19 million, mainly due to a decline in operating revenue[17] - Total revenue for the period was CNY 3,464,274,591.04, a decrease of 13.76% compared to CNY 4,017,760,019.31 in the previous period[29] - Net profit for the current period was approximately ¥276 million, down from ¥404 million in the previous period, reflecting a decrease of about 31.5%[31] - Operating profit for the current period was approximately ¥342 million, compared to ¥474 million in the previous period, indicating a decline of about 28%[30] - Total comprehensive income for the current period was approximately ¥276 million, down from ¥406 million in the previous period, a decrease of about 31.9%[31] Cash Flow and Financial Position - The net cash flow from operating activities reached ¥441,879,613.87, a significant increase of 6,772.14% year-to-date[5] - Operating cash inflow decreased by CNY 62.01 million or 1.48%, totaling CNY 4,140.30 million, attributed to a slight decline in sales scale[18] - Investment cash inflow increased by CNY 697.85 million or 22.81%, reaching CNY 3,757.19 million, due to effective cash management strategies[19] - Financing cash inflow decreased by CNY 250.82 million or 37.48%, totaling CNY 418.46 million, primarily due to reduced cash from borrowings[20] - Cash flow from operating activities generated a net amount of approximately ¥442 million, a significant increase from just ¥6.43 million in the previous period[33] - Cash and cash equivalents at the end of the period were approximately ¥1.52 billion, compared to ¥1.07 billion at the end of the previous period, an increase of about 42.5%[34] - Investment activities resulted in a net cash outflow of approximately ¥353 million, an improvement from a net outflow of ¥1.02 billion in the previous period[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,201,695,843.93, a decrease of 1.23% from the end of the previous year[5] - Current assets totaled CNY 5,717,021,697.67, down from CNY 6,132,899,227.71 at the beginning of the period, reflecting a decrease of 6.77%[26] - Total liabilities decreased to CNY 1,980,733,329.48 from CNY 2,115,728,802.30, a reduction of 6.37%[28] - Non-current assets increased to CNY 2,484,674,146.26 from CNY 2,170,652,664.51, an increase of 14.43%[27] - Total assets amounted to CNY 8,201,695,843.93, down from CNY 8,303,551,892.22, a decrease of 1.23%[28] Expenses and Investments - Research and development expenses decreased by CNY 28.31 million or 14.17%, totaling CNY 171.43 million for the period[15] - Financial expenses (net) increased significantly by 431.37%, amounting to CNY 8.93 million, primarily due to higher interest expenses[15] - Investment income rose by CNY 30.34 million or 65.87%, reaching CNY 76.41 million, driven by increased returns from cash management and long-term equity investments[16] - The company reported a decrease in sales expenses to approximately ¥1.84 billion from ¥2.01 billion, a reduction of about 8.5%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 38,155[22] - The company's basic earnings per share for Q3 2025 was ¥0.06, reflecting a 137.50% increase compared to the same period last year[5] - Basic earnings per share for the current period were ¥0.64, compared to ¥0.99 in the previous period, a decline of about 35.4%[31] Other Financial Metrics - The gross profit margin improved to approximately 74.33%, an increase of about 0.60 percentage points year-on-year[14] - The company's equity attributable to shareholders increased to CNY 6,079,726,804.35 from CNY 6,049,901,389.45, a growth of 0.49%[28] - The company's deferred income tax liabilities decreased by 33.68% to ¥22,088,398.30, reflecting a reduction in temporary differences related to financial asset fair value changes[12] - Short-term borrowings increased by 44.05% to ¥453,133,289.97, attributed to the company's proactive financing strategy[10] - The company’s accounts payable increased by 66.59% to ¥416,118,923.69, driven by preparations for the upcoming Q4 promotional activities[10] - The company’s prepayments increased by 130.39% to ¥121,734,779.61, mainly for marketing expenses related to upcoming promotional events[8]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥185,989,166.89, representing a year-on-year increase of 23.36%[5] - Net profit attributable to shareholders for the same period was ¥43,784,702.84, up 14.78% compared to the previous year[5] - The basic earnings per share increased by 5.88% to ¥0.18, while diluted earnings per share rose by 29.41% to ¥0.22[5] - Total operating revenue for the current period reached ¥458,112,317.49, an increase of 16.8% compared to ¥391,897,994.23 in the previous period[19] - Net profit attributable to shareholders of the parent company was ¥102,803,402.77, representing a 15.7% increase from ¥89,406,724.63 in the previous period[20] - Basic and diluted earnings per share increased to ¥0.46, up from ¥0.41 in the previous period[20] - The net profit margin improved to 31.5%, highlighting effective cost management strategies[17] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,396,178,107.39, reflecting a 1.77% increase from the end of the previous year[5] - The company's total current assets amounted to ¥910,495,315.04, a decrease from ¥943,004,305.99 at the beginning of the period, reflecting a decline of approximately 3.4%[16] - The company's total liabilities and equity structure is not detailed in the provided content, but the increase in fixed assets suggests potential expansion or investment activities[16] - The company reported a total liability of 270,623,131, with current liabilities amounting to 73,403,800[17] - The total equity stood at 1,125,554,000, reflecting a strong financial position[17] Cash Flow - Cash flow from operating activities for the year-to-date was ¥80,837,106.03, showing a 15.65% increase[5] - Cash inflow from investment activities totaled ¥951,477,231.69, an increase from ¥685,277,937.59 in the previous period[21] - The company reported a net cash outflow from investment activities of ¥10,308,243.94, contrasting with a net inflow of ¥57,536,186.93 in the previous period[21] - The net increase in cash and cash equivalents for the period was $1,724,344.57, leading to an ending balance of $201,213,355.76[22] - The beginning cash and cash equivalents balance was $199,489,011.19, indicating a slight increase during the period[22] Investments and Expenses - The company reported a significant increase in debt investment by 101.91%, totaling ¥20,213,471.65, primarily due to the purchase of large-denomination certificates of deposit[8] - The company experienced a 66.16% increase in fixed assets, amounting to ¥353,302,978.31, attributed to new factory and equipment investments[8] - Research and development expenses increased by 20%, reflecting a commitment to innovation and technology advancement[17] - Total operating costs increased to ¥350,338,581.50, up 18% from ¥296,927,138.29 in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,261[12] - The largest shareholder, Fan Qingwei, holds 48.62% of shares, totaling 122,460,000[12] - The largest shareholder, Fan Qingwei, holds 30,615,000 shares, representing a substantial ownership stake in the company[13] - The company has not reported any changes in the shareholding structure of the top 10 shareholders due to margin trading activities[13] Future Plans and Market Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 15% increase in market share by 2026[17] - New product development initiatives are expected to contribute an additional 5% to revenue in the next fiscal year[17] - The company is exploring strategic acquisitions to enhance its product portfolio and market reach[17] Other Financial Metrics - Cash received from investment increased by 38.35% to 941,358,431.36[9] - Other comprehensive income after tax net amount increased by 309.94% to 628,101.28 due to foreign exchange rate changes[9] - Financial expenses rose by 160.78% to 1,789,457.59 primarily from bond interest and exchange gains[9] - Interest income increased by 38.72% to 1,160,954.75 driven by higher deposit amounts[9] Accounting and Reporting - The third quarter financial report was not audited, which may affect the reliability of the reported figures[23] - The company plans to implement new accounting standards starting in 2025, which could impact future financial reporting[24]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 2,714,420,135.50, a decrease of 5.99% compared to the same period last year[4] - Total profit for the period reached CNY 348,334,919.53, representing a significant increase of 93.96% year-on-year[4] - Net profit attributable to shareholders was CNY 302,603,339.05, up 96.26% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 284,977,737.30, an increase of 108.03% year-on-year[4] - The basic earnings per share for the period was CNY 0.16, a 100% increase compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 was CNY 7,610,740,301.72, a decrease of 6.05% compared to CNY 8,101,850,617.85 in the same period of 2024[28] - Net profit for the first three quarters of 2025 was CNY 337,799,764.49, down 8.50% from CNY 369,182,159.04 in 2024[29] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.18, compared to CNY 0.20 in the same period of 2024[30] - The total comprehensive income for the first three quarters of 2025 was CNY 337,908,169.75, down from CNY 369,262,394.10 in 2024[30] Assets and Liabilities - The total assets at the end of the reporting period were CNY 26,013,456,106.47, reflecting a growth of 3.22% from the end of the previous year[5] - As of September 30, 2025, the company's total assets amounted to CNY 26,013,456,106.47, an increase from CNY 25,201,527,976.12 as of December 31, 2024[27] - Current assets totaled CNY 5,975,955,600.81, compared to CNY 5,327,438,148.62 in the previous year, reflecting a growth of approximately 12.2%[25] - The total liabilities of the company were CNY 14,495,343,551.15, up from CNY 13,953,722,661.89, marking an increase of about 3.9%[26] - The company's equity attributable to shareholders rose to CNY 11,329,018,965.80 from CNY 11,030,038,526.48, reflecting an increase of approximately 2.7%[26] - The company reported a non-current asset total of CNY 20,037,500,505.66, compared to CNY 19,874,089,827.50 in the previous year, showing a growth of about 0.8%[25] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 766,504,784.88, an increase of 48.83% compared to the previous year[4] - Cash inflow from operating activities totaled CNY 7,362,895,174.28, an increase from CNY 7,225,274,825.23 in the previous year[31] - The net cash flow from operating activities increased to ¥766.50 million from ¥515.01 million, representing a growth of 48.8% year-over-year[32] - Cash inflow from investment activities totaled ¥2.08 billion, a significant increase from ¥168.11 million in the previous period[32] - The net cash flow from investment activities improved to ¥194.35 million, compared to a negative cash flow of ¥1.34 billion last year[32] - Cash inflow from financing activities reached ¥7.45 billion, up from ¥5.51 billion, indicating a growth of 35.2%[32] - The total cash and cash equivalents at the end of the period increased to ¥2.47 billion from ¥1.21 billion, marking a substantial rise of 103.5%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 63,277[11] - The company plans to distribute a cash dividend of CNY 0.05 per share, totaling CNY 94,659,565.65, based on a total share capital of 1,893,191,313 shares after excluding 18,951,591 shares held in the repurchase account[22] - The company has not proposed any stock bonus or capital reserve transfer to share capital in the current profit distribution plan[22] Investments and Projects - The company has completed the public transfer of 41.0071% equity in Chongqing Tiantai Energy Group, with a transaction value of RMB 640.7596 million, reflecting a 123.60% appreciation[16] - The company has approved the absorption and merger of its wholly-owned subsidiary, Chongqing Long Electric United Energy Co., Ltd., with the completion timeline remaining uncertain[17] - The Chongqing Fuling Baitao Chemical Park cogeneration project has successfully passed a 168-hour continuous full-load trial operation, with an expected annual power generation of approximately 2.1 billion kWh and a maximum heating capacity of 1.5 million tons[18] Legal and Regulatory Matters - The company is involved in a lawsuit concerning a construction contract dispute, with the amount in question approximately RMB 37.3401 million[19] Financial Management - The company has authorized the use of idle funds for low-risk financial management, with a limit of up to 30% of the latest audited net assets over a 12-month period[21] Other Financial Metrics - Cash paid for purchasing goods and services was CNY 5,290,311,797.35, a slight decrease from CNY 5,436,317,597.41 in 2024[31] - Other income decreased to CNY 46,325,758.66 from CNY 64,597,637.38, a decline of 28.36%[28] - Investment income remained stable at CNY 75,042,536.21, compared to CNY 74,953,430.78 in the previous year[29] - The company reported a decrease in credit impairment losses to CNY -49,954,039.38 from CNY -71,156,191.05, indicating improved asset quality[29] - Current assets decreased slightly to ¥3.53 billion from ¥3.71 billion, a decline of 4.7%[34] - Total liabilities decreased to ¥5.48 billion from ¥5.61 billion, reflecting a reduction of 2.2%[35] - The total assets remained relatively stable at ¥15.61 billion compared to ¥15.79 billion, showing a minor decrease of 1.1%[36] - The company's equity decreased to ¥10.13 billion from ¥10.18 billion, a decline of 0.5%[36] - The cash flow from financing activities netted ¥63.84 million, down from ¥388.65 million, indicating a decrease of 83.6%[32] - The company recorded investment income of ¥198.76 thousand, a sharp decline from ¥6.42 million in the previous year[37] - The total cash outflow from financing activities was ¥3,028.68 million, compared to ¥2,018.73 million in the same period last year, reflecting an increase of 50.0%[42]

Financial Performance - The company's operating revenue for the third quarter was ¥444,290,934.10, a decrease of 12.11% compared to the same period last year[4] - The total profit for the quarter was ¥24,137,159.49, reflecting a decline of 10.72% year-over-year[4] - The net profit attributable to shareholders was ¥21,338,749.73, down 22.65% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥18,285,240.36, a decrease of 28.33% compared to the same period last year[4] - The basic earnings per share for the quarter was ¥0.10, a decline of 23.08% year-over-year[5] - The diluted earnings per share was also ¥0.10, down 23.08% from the previous year[5] - Revenue for the first three quarters of 2025 was CNY 1,145,021,365.14, a decrease of 9.0% compared to CNY 1,258,793,290.23 in the same period of 2024[15] - Net profit for the first three quarters of 2025 was CNY 54,589,564.89, down 6.0% from CNY 58,145,591.29 in 2024[16] - Operating profit for the first three quarters of 2025 was CNY 58,642,889.68, a decrease of 6.7% compared to CNY 62,712,233.61 in 2024[16] - Basic earnings per share for the first three quarters of 2025 were CNY 0.26, down from CNY 0.27 in 2024[16] Assets and Liabilities - The total assets at the end of the quarter were ¥1,502,542,594.15, a decrease of 1.85% from the end of the previous year[5] - The company reported a total asset value of ¥1,502,542,594.15, down from ¥1,530,795,020.21[12] - Total liabilities decreased to ¥226,454,144.00 from ¥265,271,908.95, indicating a reduction of about 14.6%[13] - As of September 30, 2025, total current assets amounted to ¥983,957,422.72, a slight increase from ¥971,545,904.68 at the end of 2024[11] - The company’s fixed assets increased slightly to ¥473,645,861.78 from ¥470,380,008.38[12] Shareholder Equity - The equity attributable to shareholders increased to ¥1,276,088,450.15, reflecting a growth of 0.83% compared to the end of last year[5] - Shareholders' equity rose to ¥1,276,088,450.15 from ¥1,265,523,111.26, showing a growth of approximately 0.6%[13] Cash Flow - The cash flow from operating activities showed a negative net amount of ¥30,376,437.54 for the year-to-date[5] - Cash flow from operating activities showed a net outflow of CNY 30,376,437.54 in 2025, an improvement from a net outflow of CNY 122,355,166.52 in 2024[19] - Cash and cash equivalents at the end of Q3 2025 were CNY 94,722,307.47, compared to CNY 86,179,268.93 at the end of Q3 2024[21] - The company's cash and cash equivalents decreased to ¥94,831,662.42 from ¥126,234,353.12 year-over-year[12] Investments and Expenses - Research and development expenses increased to CNY 42,295,419.03 in 2025, up from CNY 41,079,817.00 in 2024, reflecting a focus on innovation[15] - Total cash inflow from investment activities was CNY 908,173,699.41 in 2025, significantly higher than CNY 522,375,140.86 in 2024[19] - The company reported a financial asset fair value change gain of CNY 2,334,958.89 in 2025, compared to CNY 1,170,273.97 in 2024[16] Shareholder Structure - The company has no significant changes in major shareholders or their shareholding structure during the reporting period[11] - The company has not engaged in any share lending or borrowing activities during the reporting period[11] Non-Recurring Items - Non-recurring gains and losses for the quarter totaled ¥3,053,509.37, with a year-to-date total of ¥16,069,032.90[8] - The company’s long-term investments and other non-current assets remain unchanged, indicating stability in investment strategy[12]

昆山沪光汽车电器股份有限公司 2025 年第三季度报告 证券代码：605333 证券简称：沪光股份 昆山沪光汽车电器股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、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 | 2,208,529,559.81 | 4.47% | 5, ...

Financial Performance - The company's revenue for Q3 2025 was ¥275,392,363.38, a decrease of 20.30% compared to the same period last year[3] - Net profit attributable to shareholders was ¥159,062,163.13, down 22.90% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥110,946,986.45, reflecting a decline of 31.93% compared to the previous year[3] - Total operating revenue for Q3 2025 was ¥924,192,679.18, a decrease of 14.4% compared to ¥1,079,070,147.50 in the same period last year[23] - Net profit for Q3 2025 was ¥487,265,712.23, down 13.0% from ¥559,582,977.86 year-over-year[24] - Earnings per share (EPS) for Q3 2025 was ¥0.64, compared to ¥0.73 in the previous year, indicating a decline of 12.3%[25] - Investment income for Q3 2025 was ¥45,139,248.45, down from ¥59,289,547.36, a decrease of 23.8%[24] - Other income increased to ¥1,168,125.57 from ¥931,701.79, marking a growth of 25.4%[24] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥6,630,717,141.79, a decrease of 5.73% from the end of the previous year[3] - The total current assets decreased from RMB 2,580,601,749.32 to RMB 2,357,997,194.08, a decline of approximately 8.7%[17] - The total non-current assets decreased from RMB 4,453,148,466.87 to RMB 4,272,719,947.71, a decline of approximately 4.1%[17] - The total liabilities decreased to ¥891,886,135.96 from ¥997,037,606.93, a reduction of 10.6%[21] - Total equity attributable to shareholders decreased to ¥5,511,053,959.57 from ¥5,812,148,594.24, reflecting a decline of 5.2%[21] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥1,019,082,738.94, an increase of 15.44%[3] - Cash flow from operating activities was ¥935,868,875.71, a decrease of 9.6% from ¥1,034,879,114.64 in the same quarter last year[26] - Cash flow from investing activities showed a net outflow of -¥312,655,005.79, a significant increase of 431.50% in outflow compared to the previous year[10] - Cash flow from financing activities also reported a net outflow of -¥785,546,719.72, up 55.17% due to equity distribution activities[10] - Operating cash inflow totaled approximately $1.47 billion, an increase from $1.37 billion year-over-year[28] - Net cash flow from operating activities reached approximately $1.02 billion, up from $882.75 million in the previous year[28] - Cash outflow from investing activities amounted to approximately $3.26 billion, compared to $3.33 billion last year[28] - Net cash flow from investing activities was negative at approximately -$312.66 million, worsening from -$58.83 million year-over-year[28] - Cash inflow from financing activities was $10 million, down from $14 million in the previous year[28] - Cash outflow from financing activities increased to approximately $795.55 million, compared to $520.24 million last year[28] - The net cash flow from financing activities was negative at approximately -$785.55 million, compared to -$506.24 million in the previous year[28] - The ending cash and cash equivalents balance was approximately $248.66 million, down from $453.12 million year-over-year[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,362[12] - The top three shareholders hold significant stakes: Liu Bing at 43.70% (327,100,886 shares), Liu Yunhua at 27.70% (207,345,600 shares), and Liu Yi at 8.71% (65,165,760 shares)[12] - The company distributed cash dividends of RMB 3.60 per 10 shares, totaling RMB 269,445,218.40, based on a total share capital of 748,458,940 shares as of June 30, 2025[14] Other Information - Financial expenses decreased by 79.72% to -¥116,124.07, primarily due to reduced interest income[7] - The fair value change income increased by 297.23% to ¥29,165,127.07, attributed to market value fluctuations in investment activities[7] - The company received 12 investor questions during the investor relations event and responded to all of them[15] - The company’s long-term equity investments increased from RMB 479,953,293.77 to RMB 500,388,643.90, an increase of approximately 4.3%[17] - The company’s third-quarter financial report was not audited[29] - The company will implement new accounting standards starting in 2025[30]

Financial Performance - The company's operating revenue for the third quarter was ¥2,151,677,924.27, a decrease of 20.17% compared to the same period last year[4]. - The total profit for the quarter was -¥12,668,923.19, representing a decline of 120.29% year-on-year[4]. - The net profit attributable to shareholders was -¥11,840,240.29, down 122.71% from the previous year[4]. - The net profit after deducting non-recurring gains and losses was -¥13,269,155.70, a decrease of 127.12% compared to the same period last year[4]. - The basic earnings per share for the quarter was -¥0.02, a decline of 120.00% year-on-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 6,752,428,330.21, a decrease of 6.38% compared to CNY 7,213,819,349.11 in the same period of 2024[19]. - The net profit for the first three quarters of 2025 was a loss of CNY 179,379,057.53, compared to a net profit of CNY 87,870,251.82 in the same period of 2024[20]. - The operating profit for the first three quarters of 2025 was a loss of CNY 213,334,834.35, contrasting with an operating profit of CNY 98,498,197.19 in 2024[20]. - The basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.33, compared to CNY 0.16 in the same period of 2024[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,142,467,224.33, a decrease of 1.62% from the end of the previous year[5]. - The equity attributable to shareholders decreased by 2.15% to ¥8,413,279,480.11 compared to the end of the previous year[5]. - Total current assets as of September 30, 2025, amount to ¥1,855,750,745.69, an increase from ¥1,724,749,746.32 as of December 31, 2024[15]. - Total liabilities increased to ¥2,487,271,181.43 from ¥2,082,838,389.38 year-over-year[16]. - The total liabilities as of the latest reporting period were CNY 4,729,187,744.22, slightly down from CNY 4,760,319,087.15 in the previous period[17]. - The total equity attributable to shareholders was CNY 8,413,279,480.11, a decrease from CNY 8,597,974,137.88 in the previous period[17]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥656,087,237.35, down 32.81% year-on-year[4]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 7,517,991,750.74, down from CNY 8,114,563,002.00 in 2024, indicating a decrease of 7.35%[23]. - The net cash flow from operating activities was $656,087,237.35, a decrease of 32.8% compared to $976,524,293.43 in the previous period[24]. - The cash flow from operating activities totaled $7,692,712,053.40, compared to $8,625,713,007.78 in the previous period, indicating a decline of 10.8%[24]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 33,538[12]. - The largest shareholder, Weiyuan Holdings, holds 108,737,000 shares, representing 19.77% of total shares[13]. - The company has no significant changes in the top 10 shareholders or their participation in margin trading[13]. Operational Insights - The decline in profits was primarily due to the decrease in the price of main products being greater than the decrease in raw material prices, along with increased trial production costs and maintenance costs[9]. - Non-recurring gains and losses for the quarter included government subsidies of ¥2,708,881.56, contributing positively to the financial results[7]. - The company has no other significant reminders for investors regarding operational conditions during the reporting period[14]. Investment Activities - Cash inflow from investment activities was negative at -$395,154,439.61, compared to -$1,468,455,092.99 in the previous period, indicating an improvement[24]. - Cash outflow for investment activities totaled $887,283,207.63, a decrease from $1,802,146,967.30 in the previous period[24]. - The company received $489,000,000.00 from the recovery of investments, an increase from $320,000,000.00 in the previous period[24]. Financial Expenses - The company reported a financial expense of CNY 42,255,436.29 for the first three quarters of 2025, compared to a financial income of CNY 4,579,025.74 in 2024[20]. - Deferred income increased to CNY 91,326,577.38 in 2025 from CNY 86,688,980.63 in 2024, marking an increase of 7.48%[17].