Financial Performance - The company's operating revenue for the third quarter was ¥91,870,478.06, a decrease of 52.36% compared to the same period last year[4] - The total profit for the quarter was -¥55,810,789.77, with a year-to-date total profit of -¥192,260,910.23[4] - The net profit attributable to shareholders was -¥55,236,203.16 for the quarter, and -¥189,430,635.89 year-to-date[4] - The company experienced a 43.74% decrease in operating revenue year-to-date, primarily due to a slowdown in container market demand[9] - Total operating revenue for the first three quarters of 2025 was CNY 277,769,619, a decrease of 43.8% compared to CNY 493,737,450 in the same period of 2024[23] - Net profit for the first three quarters of 2025 was a loss of CNY 192,244,737.01, compared to a loss of CNY 125,812,115.03 in 2024, representing a 52.6% increase in losses[24] Cash Flow - The cash flow from operating activities showed a net outflow of -¥39,871,543.07 for the quarter, representing a decrease of 147.23% compared to the previous year[4] - The net cash flow from operating activities year-to-date decreased by 173.07%, attributed to reduced sales collections from container flooring and civilian board sales[9] - Cash flow from operating activities for the first three quarters of 2025 was negative CNY 61,794,846.30, a significant decline from positive CNY 84,566,970.03 in 2024[26] - The company reported a net cash inflow from investment activities of CNY 685,479,942.01 in 2025, with cash received from investments amounting to CNY 684,137,841.23[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,726,932,971.59, a decrease of 1.14% from the end of the previous year[5] - The total assets of the company decreased to RMB 6,726,932,971.59 from RMB 6,804,470,576.62, a decline of approximately 1.1%[18] - Total liabilities decreased from RMB 4,000,000,000 to RMB 3,800,000,000, indicating a reduction of approximately 5.0%[18] - Total liabilities increased to CNY 2,860,156,686.03 in 2025 from CNY 2,705,219,011.08 in 2024, reflecting a growth of 5.7%[22] - Total equity decreased to CNY 3,866,776,285.56 in 2025 from CNY 4,099,251,565.54 in 2024, indicating a decline of 5.7%[22] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 43,023, with 521,814,085 shares held by Wuxi Construction Development Investment Co., Ltd., accounting for 38.81% of total shares[12] - The company’s basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.14, compared to CNY -0.09 in 2024[25] Changes in Financial Position - The company has publicly announced the transfer of 60% equity in its subsidiary, Hubei Tianxin Wood Structure Housing Manufacturing Co., Ltd., for a revised price of RMB 60,592,500[14] - As of October 9, 2025, the company completed the equity transaction with Hubei Ruicheng Cultural Tourism Co., Ltd., receiving the full payment for the equity transfer[15] - The company's short-term borrowings decreased significantly to RMB 106,328,819.48 from RMB 262,754,291.67, a reduction of approximately 59.6%[18] - The company reported a decrease in accounts payable from RMB 81,285,928.08 to RMB 80,701,503.72, a slight decline of about 0.7%[18] Inventory and Current Assets - As of September 30, 2025, the company's total current assets increased to RMB 4,275,749,886.27 from RMB 4,193,551,322.49 as of December 31, 2024, representing an increase of approximately 2.0%[17] - The company's cash and cash equivalents rose to RMB 319,596,866.88, up from RMB 179,595,667.84, indicating a significant increase of approximately 78.0%[17] - The inventory balance as of September 30, 2025, was RMB 3,801,948,203.21, slightly up from RMB 3,776,819,169.17, reflecting a growth of about 0.7%[17] Borrowings and Financing Activities - Long-term borrowings increased slightly to CNY 678,900,000.00 in 2025 from CNY 665,750,000.00 in 2024, showing a growth of 2.3%[22] - Cash inflow from financing activities totaled $1,930,000,000.00, slightly down from $1,966,000,000.00 in the prior period[27] - The net cash flow from financing activities was $103,836,525.35, recovering from a negative cash flow of $120,952,028.70 in the previous period[27] - Cash inflow from loans received was $1,512,000,000.00, an increase from $1,296,000,000.00 in the previous period[27] Accounting Standards - The company will not apply new accounting standards starting from 2025[28]

Financial Performance - The company's operating revenue for the third quarter reached CNY 1,340,036,357.80, representing a year-on-year increase of 1.90%[4] - The total profit for the quarter was CNY 135,890,900.88, reflecting a growth of 6.73% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 106,767,298.46, which is an increase of 2.76% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 103,377,238.06, showing an increase of 11.08% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.15, while the diluted earnings per share also stood at CNY 0.15, marking a 7.14% increase year-on-year[5] - Total operating revenue for the first three quarters of 2025 reached CNY 3,894,477,767.08, a slight increase from CNY 3,871,374,868.10 in the same period of 2024, representing a growth of approximately 0.6%[19] - Net profit for the first three quarters of 2025 was CNY 406,125,848.37, compared to CNY 391,378,615.45 in 2024, indicating an increase of approximately 3.7%[20] Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 6,574,555,563.03, which is a 15.56% increase from the end of the previous year[5] - The company's total liabilities increased to CNY 2,628,665,530.58 from CNY 2,138,194,029.31, marking a rise of about 22.9%[16] - The total equity attributable to shareholders rose to CNY 3,596,713,850.83 from CNY 3,403,635,216.49, an increase of approximately 5.7%[16] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 243,851,082.33, showing a decrease of 8.32%[5] - Cash inflow from operating activities for the first three quarters of 2025 was approximately $3.76 billion, a slight increase from $3.73 billion in the same period of 2024, reflecting a growth of about 0.82%[23] - Net cash flow from operating activities decreased to approximately $243.85 million in 2025 from $265.97 million in 2024, representing a decline of about 8.31%[24] - The cash flow from operating activities was positively impacted by a tax refund of approximately $123.15 million in 2025, compared to $97.21 million in 2024, representing an increase of about 26.77%[23] Shareholder Information - The company reported a total of 16,027 common shareholders at the end of the reporting period[10] - Zhejiang Xin'ao Industrial Co., Ltd. holds the largest share with 30.50% of total shares outstanding[10] - The top ten shareholders collectively hold significant stakes, with the largest individual shareholder, Shen Jianhua, owning 14.22%[10] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 85,771,825.18, slightly down from CNY 86,510,545.11 in 2024[19] Financial Accuracy and Compliance - The company has ensured the accuracy and completeness of the financial information in the report, with all responsible parties bearing legal liability for any misstatements[2] Investment Activities - Cash outflow from investment activities in the first three quarters of 2025 was approximately $350.54 million, significantly lower than $617.72 million in 2024, indicating a reduction of about 43.29%[24] - The cash paid for purchasing fixed assets and other long-term assets in 2025 was approximately $210.35 million, a significant decrease from $605.71 million in 2024, reflecting a reduction of about 65.32%[24] Other Comprehensive Income - The company’s other comprehensive income after tax increased to CNY 15,225,197.31 from CNY 8,977,552.93, representing an increase of approximately 69.5%[21]

Financial Performance - The company's revenue for Q3 2025 was ¥325,131,026.13, a decrease of 16.18% compared to the same period last year[5] - Net profit attributable to shareholders was ¥9,529,340.60, down 63.53% year-on-year[5] - The basic earnings per share decreased by 72.97% to ¥0.10[5] - Total operating revenue for the current period is ¥1,024,208,025.11, a decrease of 2.3% from ¥1,054,258,792.16 in the previous period[19] - Net profit for the current period is ¥58,742,720.39, down 13.2% from ¥67,682,479.54 in the previous period[19] - Earnings per share decreased to ¥0.77 from ¥1.03, representing a decline of 25.2%[20] Assets and Liabilities - Total assets increased by 10.53% to ¥1,938,596,522.44 compared to the end of the previous year[5] - Total liabilities decreased to ¥914,969,488.87 from ¥1,020,135,151.99, a reduction of 10.3%[16] - Total equity increased to ¥1,023,627,033.57 from ¥733,764,572.66, reflecting a growth of 39.5%[16] - Total current assets reached ¥1,118,259,657.72, up from ¥998,020,219.18, indicating an increase of about 12.0%[15] - Long-term equity investments rose to ¥77,151,726.25 from ¥60,144,502.19, reflecting a growth of approximately 28.3%[15] - Total assets amounted to ¥1,938,596,522.44, compared to ¥1,753,899,724.65 at the beginning of the period, showing an increase of approximately 10.6%[15] Cash Flow - Cash flow from operating activities showed a net outflow of ¥7,206,469.44, a decline of 117.57% compared to the previous year[10] - Cash flow from financing activities increased by 43.28% to ¥179,476,499.55, mainly due to funds raised from the IPO[10] - Cash flow from operating activities was ¥1,042,014,993.89, slightly down from ¥1,044,724,735.82 in the previous period[21] - The net cash flow from operating activities was -$7.21 million, a decrease from $41.03 million in the previous period[22] - Cash inflow from financing activities totaled $460.43 million, significantly higher than $171.74 million last year, representing an increase of approximately 168.5%[22] - The net cash flow from financing activities was $179.48 million, compared to $125.27 million in the previous period, showing a growth of about 43.3%[22] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 15,719[12] - The largest shareholder, Zhejiang Xinkaisen Investment Co., Ltd., holds 42.67% of shares, totaling 40,000,000 shares[12] - The company has not reported any changes in the top 10 shareholders due to share lending or borrowing activities[13] - There are no preferred shareholders or significant changes in the ownership structure reported[14] Research and Development - Research and development expenses increased by 69.68% to ¥7,462,474.89, primarily due to higher labor costs for new product development[10] - Research and development expenses increased to ¥7,462,474.89 from ¥4,397,857.07, marking a rise of 69.5%[19] Fixed Assets - The company reported a significant increase in fixed assets by 59.42% to ¥524,095,539.81, attributed to the transfer of construction in progress[9] - Fixed assets increased significantly to ¥524,095,539.81 from ¥328,755,222.60, marking a rise of about 59.5%[15] Financial Income - The company experienced a 1225.73% increase in financial income, primarily from foreign exchange gains and interest income[10] - The company reported an investment income of ¥16,865,599.45, up from ¥14,185,774.79, indicating an increase of 18.9%[19] Cash and Cash Equivalents - The company’s cash and cash equivalents increased to ¥425,566,348.91 from ¥371,993,193.46, representing a growth of approximately 14.4%[15] - The ending balance of cash and cash equivalents was $262.23 million, up from $172.37 million, reflecting a year-over-year increase of approximately 52.2%[23] - The impact of exchange rate changes on cash and cash equivalents was an increase of $7.12 million, compared to $3.87 million previously[22]

Revenue and Profitability - Revenue for Q3 2025 reached ¥212,655,159.68, an increase of 22.83% year-over-year, while year-to-date revenue was ¥534,880,546.66, up 12.73% compared to the same period last year[5] - Net profit attributable to shareholders was -¥13,580,306.95 for Q3 2025, a decrease of 212.50% year-over-year, and year-to-date net profit was -¥6,359,068.80, down 115.93% compared to the previous year[5] - Basic earnings per share for Q3 2025 was -¥0.06, a decline of 200.00% year-over-year, while diluted earnings per share also stood at -¥0.06, down 220.00% compared to the same period last year[5] - Operating profit turned negative at -¥9,804,298.61, a significant decline from a profit of ¥47,720,689.81 in the previous period[23] - Net profit for the current period was -¥6,359,068.80, compared to a net profit of ¥39,925,584.33 in the previous period, marking a decrease of 115.92%[24] - The total comprehensive income for the current period was -¥6,712,750.84, a stark contrast to ¥40,044,636.31 in the previous period[24] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥2,634,233,828.98, reflecting a 1.85% increase from the end of the previous year[5] - The company's total liabilities reached CNY 1,020,085,008.84, up from CNY 917,236,099.68, indicating a growth in financial obligations[20] - Current assets totaled CNY 1,653,109,218.88, slightly increasing from CNY 1,631,221,654.63 at the start of the period[19] - The company's equity attributable to shareholders decreased to CNY 1,614,148,820.14 from CNY 1,669,273,460.36, showing a decline in shareholder value[21] Cash Flow - Cash flow from operating activities showed a net outflow of ¥28,763,599.35 year-to-date, representing an 81.93% decrease compared to the previous year[5] - Cash flow from operating activities generated a net amount of ¥28,763,599.35, down from ¥159,157,315.43 in the previous period[26] - Cash flow from investing activities resulted in a net outflow of -¥226,491,151.01, an improvement from -¥642,504,578.18 in the previous period[27] - Cash flow from financing activities yielded a net inflow of ¥11,378,096.37, compared to ¥26,306,026.60 in the previous period[28] Operating Costs and Expenses - The company experienced a 30.95% increase in operating costs, amounting to an additional ¥104,289,604.57, primarily due to increased fixed depreciation and amortization expenses from the Daya Bay project[15] - Total operating costs increased to ¥551,942,848.81, up 28.14% from ¥430,757,465.18 in the previous period[23] - Financial expenses surged by 860.30% year-over-year, totaling an increase of ¥14,175,791.43, mainly attributed to interest expenses on loans[15] Investments and Assets Management - The company reported a significant increase in fixed assets, which rose to CNY 871,815,150.07 from CNY 279,991,031.10, indicating substantial investment in long-term assets[19] - The company’s cash flow from investing activities increased by 64.75%, amounting to a net inflow of ¥416,013,427.17, primarily due to reduced investment in the Daya Bay project[15] - The company reported a significant increase in contract liabilities, which rose by 427.53% to ¥8,457,021.21, driven by an increase in customer prepayments[9] Inventory and Receivables - The company's inventory rose to CNY 87,732,567.81, compared to CNY 53,291,180.89 previously, indicating increased stock levels[18] - The total receivables, including accounts receivable, amounted to CNY 610,330,996.04, slightly down from CNY 615,495,406.78, suggesting stable collection performance[18]

证券代码：688513 证券简称：苑东生物 成都苑东生物制药股份有限公司 2025 年第三季度报告 成都苑东生物制药股份有限公司 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、准确性和完整性依法承担法律责任。 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 | 364,685,045.87 | -1.55 | 1, ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥474,324,251.44, a decrease of 14.94% compared to the same period last year[5] - Net profit attributable to shareholders was ¥5,158,192.43, an increase of 144.67% year-on-year, while the net profit excluding non-recurring items was ¥2,818,108.07, up 130.78%[5] - The basic earnings per share for the period was ¥0.0059, reflecting a 145.04% increase compared to the previous year[5] - Total operating revenue for the period was CNY 1,694,322,276.48, a decrease of 5.03% compared to CNY 1,784,246,221.20 in the previous period[20] - The company's net loss for the period was CNY 1,265,013,276.98, slightly improved from a loss of CNY 1,268,405,821.31 in the previous period[20] - The total comprehensive income for the current period is 22,209,088.49, down from 46,827,063.23 in the previous period[22] - The basic and diluted earnings per share for the current period are both 0.0038, compared to 0.0276 in the previous period[22] - The total operating income for the current period is 2,127,746.85, compared to 40,628,899.36 in the previous period, reflecting a substantial decline[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,166,166,034.87, representing a 2.06% increase from the end of the previous year[5] - Total liabilities increased to CNY 1,286,840,575.40, up 3.1% from CNY 1,248,147,093.08[19] - The total equity attributable to shareholders increased to CNY 1,885,372,949.28 from CNY 1,863,374,565.36, reflecting a growth of 1.01%[20] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥125,010,974.41, which is a 65.87% improvement compared to the previous period[5] - The net cash flow from operating activities decreased by 65.87% to -125,010,974.41 CNY compared to the same period last year, primarily due to improved revenue collection management and optimized supply chain reducing cash payments for purchases[11] - The net cash flow from investing activities increased significantly by 1198.93% to 13,825,234.52 CNY, mainly due to a higher cash recovery from investments compared to the same period last year[11] - The net cash flow from financing activities decreased by 51.61% to 49,017,556.82 CNY, attributed to a reduction in bank borrowings compared to the previous year[11] - Cash flow from investing activities shows a net inflow of 13,825,234.52, compared to a net outflow of -1,258,065.31 in the previous period[24] - Cash flow from financing activities results in a net inflow of 49,017,556.82, down from 101,290,862.31 in the previous period[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,315, with no preferred shareholders having restored voting rights[12] - The top three shareholders hold a combined 16.98% of the shares, with Tong Wenwei holding 5.91% (52,108,160 shares), Shi Yazhou holding 5.21% (45,954,080 shares), and Zhong Feipeng holding 4.86% (42,880,416 shares)[12] - The total number of restricted shares at the beginning of the period was 189,918,085, with no shares released during the period, resulting in a total of 190,285,887 restricted shares at the end[16] - The company has a significant number of shares under lock-up agreements, with 50,235,120 shares held by Tong Wenwei and 45,954,080 shares by Shi Yazhou, both subject to specific release conditions[15] Operational Insights - The company's inventory increased by 47.89% to ¥798,453,626.58, primarily due to higher contract performance costs[8] - Contract liabilities rose by 106.75% to ¥381,308,170.54, indicating an increase in advance payments received from customers[8] - Research and development expenses increased to CNY 86,564,402.43, up 7.46% from CNY 80,381,114.06 year-over-year[20] - The company's cash and cash equivalents decreased to CNY 519,541,545.72 from CNY 608,605,866.69, reflecting a decline of 14.66%[18] - Accounts receivable decreased to CNY 883,541,565.14 from CNY 1,021,110,210.32, a reduction of 13.5%[18] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[17] - There are no indications of mergers or acquisitions being pursued by the company at this time[17] Investment and Financial Performance - Investment income decreased by 86.27% to ¥7,924,179.79, largely due to the impact of the previous year's subsidiary's deconsolidation[10] - The company's financial expenses improved by 65.23%, with net financial income of -¥1,535,520.50, attributed to reduced interest income[9] - Other comprehensive income increased by 261.03% to ¥12,771,609.72, driven by gains in the fair value of equity investments[8] - The company reported other comprehensive income after tax attributable to the parent company of 20,703,051.08, compared to 24,143,483.91 in the previous period[22]

Revenue and Profit - Revenue for Q3 2025 reached ¥1,046,981,657.73, an increase of 26.99% year-over-year[5] - Net profit attributable to shareholders was ¥218,026,554.86, up 42.40% compared to the same period last year[5] - Basic earnings per share for Q3 2025 were ¥0.56, reflecting a growth of 32.59% year-over-year[5] - Operating profit for the first nine months of 2025 reached ¥566.09 million, a 39.45% increase compared to ¥405.96 million in the same period of 2024, driven by sales revenue and gross margin growth[11] - Net profit for the first nine months of 2025 was ¥483.47 million, reflecting a 38.07% increase from ¥350.17 million in 2024, primarily due to the increase in operating profit[11] - Total profit for the first nine months of 2025 was ¥562.28 million, a 38.35% increase from ¥406.42 million in 2024, primarily due to the increase in operating profit[11] - The company's net profit for the current period is 483,469,539.81, an increase of 38.0% compared to 350,167,870.13 in the previous period[21] - Operating profit reached 566,091,956.93, up from 405,955,729.49, reflecting a growth of 39.4%[21] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥4,258,385,348.49, representing a 70.31% increase from the end of the previous year[5] - Total current assets rose to ¥3,020,662,105.20, a significant increase of 125.4% compared to ¥1,338,418,383.01 at the beginning of the period[17] - Total assets reached ¥4,258,385,348.49, up from ¥2,500,411,571.16, reflecting a growth of 70.3%[18] - Total liabilities increased to ¥1,518,121,492.13 from ¥754,018,433.60, marking a rise of 100.9%[18] - Shareholders' equity attributable to the parent company grew to ¥2,740,263,856.36, compared to ¥1,746,393,137.56, an increase of 56.9%[18] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥791,059,515.12, a significant increase of 67.79%[5] - Cash flow from operating activities increased by 67.79% to ¥791.06 million in the first nine months of 2025, up from ¥471.47 million in 2024, attributed to sales growth and timing differences in cash payments[11] - The net cash flow from operating activities was 791,059,515.12, significantly higher than 471,470,289.60 from the previous year, marking a growth of 77.8%[24] - Investment activities generated a net cash flow of -¥1.10 billion in 2025, a significant decrease of 218.89% compared to -¥344.18 million in 2024, mainly due to increased purchases of large certificates of deposit and financial products[11] - Investment activities resulted in a net cash outflow of 1,097,551,713.98, compared to a smaller outflow of 344,178,911.47 in the previous period[24] - Financing activities produced a net cash flow of ¥1.13 billion in 2025, a dramatic increase of 2664.74% from ¥41.04 million in 2024, primarily due to funds raised from new stock issuance and increased borrowings[11] - The company raised 558,297,696.23 from new investments, with total cash inflow from financing activities reaching 1,375,031,473.77, up from 305,103,991.89[24] Inventory and Current Assets - Inventory levels rose by 67.52% to ¥227,624,325.61, driven by strong sales demand[10] - Inventory levels increased to ¥227,624,325.61 from ¥135,882,645.98, reflecting a growth of 67.4%[16] - The company reported a 790.42% increase in other current assets, totaling ¥208,342,040.19, attributed to the purchase of large-denomination certificates of deposit[10] - Other current assets rose significantly to ¥208,342,040.19 from ¥23,398,252.16, an increase of 791.5%[17] Expenses and Tax - Management expenses rose by 38.66% to ¥103.51 million in 2025, up from ¥74.65 million in 2024, mainly due to increased employee compensation and office depreciation[11] - The company reported a 40.12% increase in income tax expenses to ¥78.81 million in 2025, up from ¥56.25 million in 2024, resulting from higher sales revenue and gross margin[11] - The company reported a tax expense of 78,814,817.44, compared to 56,248,468.85 in the previous period, which is an increase of 40.2%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,445, with the largest shareholder, Guangdong Hanhigh Management Group Co., Ltd., holding 64.63% of the shares[13] Comprehensive Income - The total comprehensive income for the period was 483,248,068.96, compared to 350,140,938.25, reflecting an increase of 38.0%[22]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥1,133,659,830.88, representing a 71.07% increase compared to ¥662,675,710.55 in the same period last year[4] - Net profit attributable to shareholders was ¥401,005,383.50, a significant increase of 1,143.72% from ¥32,242,442.57 year-on-year[4] - Basic earnings per share for Q3 2025 were ¥0.0939, up 1,135.53% from ¥0.0076 in the same quarter last year[4] - The company reported a substantial increase in income tax expenses, which rose by 335.32% to CNY 305,634,428.50 from CNY 70,209,039.44[11] - Net profit for the current period was ¥581,935,613.80, a substantial rise from ¥50,212,286.28 in the previous period, indicating an increase of approximately 1,058.5%[27] - The total comprehensive income attributable to the parent company reached ¥587,337,790.42, a significant increase from ¥50,055,698.68 in the previous period[28] - Basic and diluted earnings per share both improved to ¥0.1363, compared to ¥0.0118 in the prior period[28] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,413,649,218.04, a remarkable turnaround from a negative cash flow of ¥26,241,100.27 in the previous year[4] - The net cash flow from operating activities was ¥1,413,649,218.04, a turnaround from a negative cash flow of ¥26,241,100.27 in the previous period[29] - Cash inflow from operating activities totaled ¥4,499,255,462.93, up from ¥2,344,476,084.03 year-over-year[29] - Cash outflow for operating activities increased to ¥3,085,606,244.89 from ¥2,370,717,184.30 in the prior period[29] - The company experienced a 48.60% decrease in net cash flow from investing activities, totaling CNY -788,333,584.32 compared to CNY -530,495,810.12 previously[16] - Investment activities generated a net cash flow of -¥788,333,584.32, worsening from -¥530,495,810.12 in the previous period[29] - Cash inflow from financing activities was ¥1,012,711,000.00, compared to ¥898,158,948.41 in the prior period[30] - The company repaid debts amounting to ¥1,391,000,000.00, significantly higher than ¥500,000,000.00 in the previous period[30] - The ending balance of cash and cash equivalents was ¥785,275,649.33, down from ¥1,245,445,264.74 year-over-year[30] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥10,534,282,721.24, reflecting a 14.05% increase from ¥9,236,284,847.06 at the end of the previous year[4] - The total assets increased to ¥10,534,282,721.24 from ¥9,236,284,847.06, marking a growth of about 14.0%[23] - Total liabilities rose to ¥3,605,976,937.23, up from ¥2,912,041,642.62, which is an increase of approximately 23.8%[23] - The total current assets increased to CNY 5,424,459,945.57 from CNY 4,593,385,006.09, reflecting a growth in liquidity[20] - The total equity attributable to shareholders increased to ¥6,928,305,784.01 from ¥6,324,243,204.44, representing a growth of approximately 9.6%[23] Inventory and Contract Assets - The company's inventory increased by 37.74% to ¥2,976,192,654.58 compared to ¥2,160,784,016.43 at the beginning of the year[9] - Contract assets surged by 472.00% to ¥33,062,984.85 from ¥5,780,204.89 at the start of the year[9] - The company reported a significant increase in contract liabilities, which rose to ¥1,296,423,003.18 from ¥606,766,971.50, reflecting an increase of approximately 113.4%[23] Operating Costs and Expenses - Operating costs rose by 49.72% to CNY 1,291,272,240.23, while the increase in costs was lower than the revenue growth due to production scale effects[11] - Total operating costs amounted to ¥2,147,946,939.27, compared to ¥1,711,378,904.04 in the prior period, reflecting an increase of about 25.5%[26] - Research and development expenses for the current period were ¥498,049,815.99, slightly down from ¥526,154,091.70 in the previous period, indicating a decrease of about 5.3%[26] - The company has adjusted its accounting policies, resulting in an increase in operating costs by ¥2,882,448.34 for the first nine months of 2024[5] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 133,629[15] - The largest shareholder, Wuhan Gaode Electric Co., Ltd., holds a 36.39% stake, amounting to 1,554,198,364 shares[15] Other Financial Information - The company recorded a total of ¥17,022,272.89 in non-recurring gains for the current reporting period[7] - The third quarter financial report was not audited, indicating potential areas for further scrutiny[31] - The company has expanded its infrared chip application business, leading to a rapid release in demand and significant revenue growth[11] - The company has seen an increase in government subsidies related to revenue, which rose by 31.86% to CNY 41,082,204.66[13]

Revenue and Profit - Q3 2025 revenue was CNY 4,469,467,413.41, a decrease of 4.73% year-over-year, while year-to-date revenue reached CNY 15,869,682,525.92, an increase of 1.10%[4] - Net profit attributable to shareholders for Q3 2025 was CNY 163,988,506.82, down 23.88% year-over-year, with year-to-date net profit at CNY 674,860,606.07, up 0.86%[4] - The net profit excluding non-recurring items for Q3 2025 was CNY 168,106,179.28, an increase of 17.69% year-over-year, while year-to-date it was CNY 662,680,633.34, up 13.46%[4] - Operating profit for the current period was ¥798,327,973.29, up 2.2% from ¥777,482,446.98 in the previous period[22] - Net profit attributable to shareholders of the parent company was ¥674,860,606.07, an increase of 0.6% from ¥669,116,968.46 in the previous period[22] - Basic and diluted earnings per share for the current period were both ¥0.56, compared to ¥0.55 in the previous period[22] Assets and Liabilities - Total assets as of the end of Q3 2025 were CNY 25,551,218,240.63, an increase of 8.05% compared to the end of the previous year[4] - Current assets decreased to CNY 8.95 billion from CNY 9.59 billion, a decline of about 7.19%[19] - Non-current assets increased to CNY 16.60 billion from CNY 14.06 billion, reflecting a growth of approximately 17.93%[19] - Total liabilities rose to CNY 16.17 billion from CNY 14.72 billion, indicating an increase of about 9.83%[19] - The company's total equity increased to CNY 9.38 billion from CNY 8.92 billion, a rise of approximately 5.16%[20] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 555,243,915.94, down 33.46% compared to the previous year[4] - The net cash flow from operating activities decreased by 33.46% year-on-year, amounting to ¥555,243,915.94, primarily due to increased cash payments for goods and services[12] - The net cash flow from investing activities saw a significant outflow of ¥2,665,591,336.76, an increase of 75.49% year-on-year, mainly due to payments for green transformation projects and capital contributions to affiliated companies[12] - The net cash flow from financing activities increased by 169.35% year-on-year, reaching ¥2,203,714,696.15, attributed to the recovery of discounted bank acceptance bills and reduced interest expenses[12] - Cash inflow from investment activities totaled ¥577,933,888.82, a decrease from ¥1,381,147,387.68 in the previous period[25] - Cash outflow from investment activities was ¥3,243,525,225.58, up from ¥2,900,077,079.62 in the previous period[25] - Total cash inflow from financing activities was ¥7,494,930,000.00, compared to ¥6,897,499,000.00 in the previous period[25] - The company paid ¥4,767,373,333.33 in debt repayment during the current period, slightly down from ¥4,934,033,333.34 in the previous period[25] - The company reported a cash balance of CNY 2.13 billion, down from CNY 2.95 billion, a decrease of about 27.83%[18] - The total cash and cash equivalents at the end of the period amounted to $1,213,723,843.24, compared to $1,384,423,055.36 previously[26] - The net increase in cash and cash equivalents was $92,771,940.38, down from $136,586,518.23 in the prior period[26] - The impact of exchange rate changes on cash and cash equivalents was a negative $595,334.95, contrasting with a positive impact of $2,957,096.17 previously[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,152, with no preferred shareholders having restored voting rights[14] - The largest shareholder, Song Rui, holds 25.55% of the shares, amounting to 308,532,949 shares, with 133,350,000 shares pledged[14] - The second-largest shareholder, Miao Jiayun, owns 8.79% of the shares, totaling 106,212,000 shares, with no shares pledged[14] - The top ten shareholders collectively hold significant stakes, with the largest non-natural person shareholder being Sichuan Blue Sword Investment Management Co., Ltd., holding 1.66%[14] - The company has multiple private equity funds as shareholders, including Zhuhai Abama Private Fund Management Co., Ltd., which holds 8,600,000 shares[15] - There is a familial relationship between the largest shareholder and the second-largest shareholder, with Miao Jiayun being the child of Song Rui, indicating potential coordinated actions[15] - The company has not disclosed any known relationships among other shareholders or whether they are considered acting in concert under relevant regulations[15] Project and Investment Activities - Long-term borrowings increased by 60.13% to CNY 6,859,523,333.35, attributed to loans for ongoing projects[9] - The company reported a significant increase in construction in progress, which rose by 135.00% to CNY 4,353,790,661.99, due to investments in green transformation projects[9] - The company is in the process of handling the transfer of mining rights for the Erba mine, which is expected to enhance its operational capacity[16] - The company completed a 49% equity stake in Shenglong Mining, which is focused on the development of the Erba phosphate-lead-zinc mine in Sichuan, China[16] Financial Ratios - The weighted average return on equity for Q3 2025 was 1.79%, a decrease of 0.72 percentage points year-over-year, while year-to-date it was 7.50%, down 0.37 percentage points[4]

证券代码：002026 证券简称：山东威达 公告编号：2025-069 山东威达机械股份有限公司 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。 山东威达机械股份有限公司 2025 年第三季度报告 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 山东威达机械股份有限公司 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 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益项目界定为经常性损益 项目的情况说明 □适用 不适用 2 山东威达机械股份有限公司 2025 年第三季度报告 □是 否 | | 本报告期 | ...