Financial Performance - The company's operating revenue for Q3 2025 reached ¥10,596,660,309.82, representing a 16.05% increase compared to ¥9,091,765,357.37 in the same period last year[4] - Net profit attributable to shareholders was ¥62,599,243.22, a significant turnaround from a loss of ¥82,075,351.81 in the previous year, marking a 197.08% improvement[4] - The basic earnings per share increased to ¥0.0447 from a loss of ¥0.1594, reflecting a 133.58% increase year-over-year[5] - Total revenue for the current period is approximately ¥26.92 billion, a decrease of 21.4% from ¥34.29 billion in the previous period[27] - Total operating costs for the current period are approximately ¥27.09 billion, down from ¥34.49 billion, reflecting a reduction of 21.5%[27] - Operating profit for the current period is approximately ¥58.86 million, a significant improvement from a loss of ¥176.62 million in the previous period[27] - The total profit for the current period is ¥59,580,889.71, compared to a loss of ¥147,840,542.92 in the previous period[28] - The net profit for the current period is ¥30,628,247.55, recovering from a net loss of ¥159,821,944.22 in the previous period[28] - The net profit attributable to the parent company's shareholders is ¥6,637,529.47, compared to a loss of ¥141,788,798.97 in the previous period[28] - The total comprehensive income for the current period is ¥20,303,999.79, compared to a loss of ¥168,644,575.63 in the previous period[28] - The company reported a basic and diluted earnings per share of -¥0.1303, improving from -¥0.3410 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,158,411,544.05, up 32.57% from ¥12,835,316,082.51 at the end of the previous year[5] - Total assets increased to approximately ¥17.16 billion from ¥12.94 billion, representing a growth of 32.5%[25] - Total liabilities rose to approximately ¥13.82 billion from ¥9.79 billion, an increase of 41.1%[24] - The company’s total equity attributable to shareholders increased by 22.21% to ¥2,493,862,820.29 from ¥1,972,966,594.85 at the end of the previous year[5] - The total equity attributable to shareholders increased to approximately ¥2.49 billion from ¥2.04 billion, a growth of 22.0%[24] Cash Flow - The company reported a net cash flow from operating activities of -¥1,435,017,751.26, worsening by 604.90% compared to -¥203,578,750.72 in the same period last year[4] - The net cash flow from operating activities decreased compared to the same period last year, primarily due to increased net outflow of funds from supply chain operations[15] - The net cash flow from investing activities improved by 36.33% to -¥1,785,437,484.76 compared to -¥2,804,052,416.52 in the same period last year[13] - The net cash flow from investing activities is -¥1,785,437,484.76, an improvement from -¥2,804,052,416.52 in the previous period[31] - The net cash flow from financing activities is ¥3,620,678,165.41, slightly decreasing from ¥3,812,473,164.86 in the previous period[31] - The cash and cash equivalents at the end of the period amount to ¥1,910,714,662.31, down from ¥2,538,612,551.62 in the previous period[31] - The company received cash from sales of goods and services totaling ¥28,803,993,803.24, a decrease from ¥37,987,099,313.92 in the previous period[30] Inventory and Borrowings - The company’s inventory surged by 89.05% to ¥2,556,981,530.96 from ¥1,352,543,365.67 at the end of the previous year[12] - The total inventory at the end of the period was approximately CNY 2.56 billion, up from CNY 1.35 billion at the beginning of the period[22] - The company’s short-term borrowings increased by 191.52% to ¥5,756,670,668.50 from ¥1,974,732,717.80 at the end of the previous year[12] - Short-term borrowings surged to approximately ¥5.76 billion from ¥1.97 billion, an increase of 191.5%[24] - The total accounts payable increased compared to the end of the previous year, primarily due to an increase in payables to suppliers in supply chain operations[14] Shareholder Information - The total number of ordinary shareholders at the end of the period was 48,340, with the largest shareholder holding 39.93% of the shares[18]

Revenue and Profit - Q3 2025 revenue was CNY 196,480,008.62, a decrease of 11.36% year-over-year, while year-to-date revenue increased by 8.76% to CNY 572,177,325.53[4] - The net profit attributable to shareholders was a loss of CNY 214,166.64, down 100.97% year-over-year, with a year-to-date loss of CNY 59,912,572.88, representing a decline of 1,184.24%[4] - The company’s basic earnings per share for the reporting period was -CNY 0.0005, a decrease of 101.04% year-over-year[4] - The net profit for the current period was a loss of ¥59,924,530.44, compared to a profit of ¥3,266,595.94 in the previous period[21] - Basic and diluted earnings per share for the current period were both -¥0.1289, compared to ¥0.0120 in the previous period[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 41,728,973.57, an increase of 270.94% compared to the same period last year[4] - The company reported a significant increase in cash flow from operating activities, attributed to a tax refund of CNY 44.8 million and increased collections compared to the previous year[9] - Net cash flow from operating activities was $41,728,973.57, a significant improvement from a net outflow of $24,412,118.11 in the previous period[24] - Total cash inflow from operating activities amounted to $791,459,551.05, compared to $623,956,870.35 in the prior period, reflecting a year-over-year increase of approximately 27%[24] - Cash outflow from operating activities was $749,730,577.48, up from $648,368,988.46, indicating a rise of about 16%[24] - The company received $44,801,259.53 in tax refunds during the period, contributing positively to cash inflows[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,172,498,228.48, reflecting a 1.14% increase from the end of the previous year[4] - The total assets amounted to 2,172,498,228.48, an increase from 2,147,975,232.05 at the beginning of the period[18] - The total liabilities increased to 736,769,043.47 from 649,054,176.52, indicating a rise in financial obligations[18] - The total liabilities increased to ¥768,810,993.07 from ¥684,081,284.47, reflecting a growth of 12.4%[19] - The total equity attributable to shareholders of the parent company decreased to ¥1,403,659,429.47 from ¥1,463,854,184.08, a decline of 4.1%[19] Inventory and Investments - Inventory increased by 58.64% to CNY 211,004,935.88 due to new projects that have not yet been settled[8] - The company has made substantial investments in construction projects, with construction in progress rising by 35.47% to CNY 73,389,418.05[8] - Long-term equity investments decreased to 39,925,779.49 from 44,818,506.01, reflecting a reduction in investment holdings[18] Financial Expenses - Financial expenses increased by 186.59% to CNY 4,291,416.48, mainly due to the reversal of unrealized financing income from the previous year[9] - The financial expenses for the current period were ¥4,291,416.48, compared to a negative financial expense of -¥4,955,830.82 in the previous period[20] Shareholder Information - The company has a total of 4,500,035 shares repurchased, accounting for 0.97% of the total share capital[13] - The company reported a total of 68,461,462 restricted shares at the end of the period, down from 83,501,520 at the beginning[16] - The company plans to lift restrictions on certain shares on August 14, 2025, following the completion of the executives' terms[15]

北京建工环境修复股份有限公司 2025 年第三季度报告 证券代码：300958 证券简称：建工修复 公告编号：2025-055 北京建工环境修复股份有限公司 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 北京建工环境修复股份有限公司 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 □适用 不适用 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 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 ...

Revenue and Profit - The company's revenue for Q3 2025 reached ¥7,176,243,743.45, representing a 27.37% increase compared to ¥5,634,270,000 in the same period last year[4] - Net profit attributable to shareholders was ¥537,568,592.87, a decrease of 4.26% from ¥561,472,731.39 in the previous year[4] - The net profit excluding non-recurring gains and losses was ¥488,570,772.28, showing a 10.12% increase from ¥443,680,215.94 year-on-year[4] - Basic earnings per share decreased by 5.88% to ¥0.32 from ¥0.34 in the same quarter last year[5] - Net profit for the period was ¥2,899,296,865.59, down from ¥3,244,717,497.10, reflecting a decrease of approximately 10.6%[20] - Basic and diluted earnings per share decreased to ¥1.42 from ¥1.78, a decline of about 20.2%[20] Assets and Liabilities - The total assets of the company increased by 41.12% to ¥56,563,981,806.22 from ¥40,081,972,320.77 at the end of the previous year[5] - The total assets increased by 41.12% to ¥56,563,981,806.22 compared to the previous year, primarily due to the acquisition of Tianjin Tasly[8] - Total liabilities rose to ¥19,184,581,916.76, up from ¥14,825,658,953.10, indicating an increase of about 29%[17] - The total liabilities and owners' equity reached ¥56,563,981,806.22, reflecting a 41.12% increase, primarily due to the acquisition of Tianjin Tasly[9] Shareholder Equity - The equity attributable to shareholders rose by 6.09% to ¥21,115,686,195.82 from ¥19,903,111,306.64 year-on-year[5] - The total equity attributable to shareholders increased to ¥21,115,686,195.82 from ¥19,903,111,306.64, reflecting a growth of approximately 6.1%[17] - The total owners' equity increased by 48.00% to ¥37,379,399,889.46, mainly driven by the acquisition of Tianjin Tasly[8] Cash Flow - Cash flow from operating activities decreased by 8.70% to ¥2,925,359,803.57 from ¥3,204,267,651.34 in the previous year[5] - Operating cash inflow for the current period reached ¥24,284,894,383.05, an increase of 16.3% compared to ¥20,775,223,871.55 in the previous period[21] - Cash received from sales of goods and services was ¥23,351,871,838.99, up from ¥19,900,019,456.51 in the previous period, indicating a growth of 12.3%[21] - Total cash outflow for operating activities was ¥21,359,534,579.48, an increase of 21.0% from ¥17,570,956,220.21 in the previous period[22] - Cash inflow from financing activities increased to ¥5,512,263,382.35, compared to ¥783,025,379.90 in the previous period, leading to a net cash inflow of ¥1,604,819,094.47[22] Investments and Acquisitions - Long-term equity investments rose by 292.44% to ¥1,695,982,745.77, mainly driven by the acquisition of Tianjin Tasly[8] - Research and development expenses increased by 64.07% to ¥840,332,993.32, attributed to the acquisition of Tianjin Tasly[9] - The company reported a significant increase in inventory to ¥6,386,947,356.53 from ¥4,932,682,803.22, representing an increase of approximately 29.5%[16] - The company reported a significant increase of 845.48% in cash paid for other financing activities, totaling CNY 711,251,727.50, mainly due to the acquisition of Tianjin Tasly Pharmaceutical[12] Other Financial Metrics - Cash flow from financing activities net amount increased by 183.01% to CNY 1,604,819,094.47, driven by an increase in loan acquisition compared to the previous period[12] - Cash dividends and interest payments decreased by 60.06% to CNY 662,388,738.56, mainly due to reduced cash dividends this period[12] - The company reported non-recurring gains of ¥48,997,820.59 for the current period, down from ¥166,547,057.24 year-to-date[6] - Government subsidies recognized during the year amounted to ¥47,424,204.81, compared to ¥209,246,918.75 year-to-date[6] Shareholder Information - The number of common shareholders at the end of the reporting period was 100,453, with the largest shareholder holding 63.22%[11] - The largest shareholder, China Resources Pharmaceutical Group, holds 1,052,142,679 shares, representing 63.22% of total shares[11] Accounting and Audit - The company did not undergo an audit for the third quarter financial report[23] - The company will implement new accounting standards starting from 2025[23]

Revenue and Earnings - Q3 2025 revenue was CNY 367,541,572.52, a decrease of 7.03% year-over-year, and year-to-date revenue was CNY 932,345,577.74, down 17.01% compared to the same period last year[6]. - Basic and diluted earnings per share for Q3 2025 were both CNY -0.0352, reflecting a 69.39% increase year-over-year, with year-to-date earnings per share at CNY -0.3644, a decrease of 15.02%[6]. - The total operating revenue for the current period is CNY 932,345,577.74, a decrease of 16.9% compared to CNY 1,123,414,813.30 in the previous period[23]. - The net profit for the current period is -198,037,344.03, compared to -232,284,161.44 in the previous period, showing an improvement of approximately 14.7%[24]. - The total comprehensive income attributable to the parent company is -198,864,704.87, compared to -234,139,431.10 in the previous period, indicating a 15.1% improvement[24]. Loss and Expenses - The net loss attributable to shareholders for Q3 2025 was CNY -19,206,031.90, an increase of 69.40% year-over-year, with a year-to-date net loss of CNY -198,864,522.01, a decrease of 15.07% compared to the previous year[6]. - The net operating profit for the current period is -CNY 195,002,918.76, an improvement from -CNY 236,967,567.47 in the previous period[23]. - The company’s R&D expenses for the current period are CNY 105,293,150.94, down from CNY 120,619,470.24 in the previous period, a decrease of 12.7%[23]. Assets and Liabilities - Total assets as of September 30, 2025, were CNY 3,435,462,949.02, down 10.62% from the end of the previous year[6]. - The total assets as of September 30, 2025, are CNY 3,435,462,949.02, down from CNY 3,843,611,963.41 at the beginning of the period[22]. - The total liabilities decreased to CNY 553,261,461.81 from CNY 762,185,610.03 at the beginning of the period, representing a reduction of 27.4%[22]. - The company’s fixed assets decreased to CNY 1,227,536,469.49 from CNY 1,250,359,353.52, a decline of 1.8%[21]. - The company’s retained earnings decreased to CNY 694,017,522.66 from CNY 892,882,044.67, a decline of 22.2%[22]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY -27,302,871.68 year-to-date, representing a 76.50% increase in outflow compared to the previous year[6]. - The cash flow from operating activities showed a significant improvement, with a net amount of -27,302,871.68 in 2025 compared to -116,167,781.29 in 2024, reflecting a 76.50% increase due to enhanced receivables collection and cost reduction efforts[13]. - The total cash outflow from operating activities is 1,089,194,252.95, compared to 1,326,986,297.45 in the previous period, reflecting a decrease of approximately 17.9%[25]. - The net cash flow from investing activities decreased significantly to -257,147,679.72 in 2025 from -116,944,700.38 in 2024, marking a -119.89% change attributed to increased purchases of bank wealth management products[13]. - The net cash flow from financing activities is -100,520,968.23, worsening from -19,153,361.63 in the previous period[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,384, with no preferred shareholders having restored voting rights[15]. - The largest shareholder, Song Wei, holds 44.33% of the shares, totaling 241,917,596, with 183,484,197 shares under lock-up[15]. - The company has a total of 183,539,993 shares under lock-up at the end of the period, with 46,551 shares released during the reporting period[18]. Other Financial Metrics - Cash received from the disposal of fixed assets and other long-term assets surged to 115,273,990.83 in 2025, a dramatic increase of 20,400.83% from 562,289.44 in 2024, primarily due to the return of land funds[13]. - Other income decreased by 59.87% to CNY 5,445,922.76, mainly due to a reduction in government subsidies received[11]. - The company reported a 31.42% increase in taxes and surcharges to CNY 9,664,872.23, primarily due to increased property tax after asset capitalization[11]. - Investment income received decreased by 38.32% to 7,096,957.07 in 2025 from 11,505,384.21 in 2024, mainly due to lower deposit interest rates[13]. - The company reported a decrease of 40.92% in cash received from other operating activities, totaling 33,394,760.02 in 2025 compared to 56,527,130.04 in 2024, primarily due to the release of restricted funds[13]. Cash Management Strategy - The company plans to use up to CNY 500 million of idle funds for cash management, focusing on high-security and high-liquidity products[19]. Audit Status - The company has not undergone an audit for the third quarter financial report[27].

Financial Performance - The company's operating revenue for Q3 2025 was approximately ¥25.18 billion, a decrease of 2.69% compared to the same period last year[7]. - Total profit for the quarter reached approximately ¥999.05 million, an increase of 146.87% year-on-year[7]. - Net profit attributable to shareholders was approximately ¥506.92 million, reflecting a significant increase of 690.83% compared to the same quarter last year[7]. - The basic earnings per share for the quarter was ¥0.1098, up 689.93% year-on-year[7]. - The company reported a 75.72% increase in total profit for the year-to-date, reaching approximately ¥2.47 billion[7]. - Net profit for the first three quarters of 2025 was ¥1.89 billion, compared to ¥1.15 billion in 2024, representing an increase of 63.8%[22]. - Operating profit for the first three quarters of 2025 was ¥2.47 billion, significantly higher than ¥1.40 billion in the same period of 2024, marking a growth of 76.3%[22]. - The net profit attributable to the parent company shareholders for the first three quarters of 2025 is approximately CNY 1.01 billion, a significant increase from CNY 344.57 million in the same period of 2024, representing a growth of 192.5%[23]. - The total comprehensive income for the first three quarters of 2025 is CNY 1.90 billion, up from CNY 1.16 billion in 2024, reflecting a growth of 63.0%[23]. Assets and Liabilities - The total assets at the end of the quarter were approximately ¥98.99 billion, a slight decrease of 0.39% from the end of the previous year[8]. - The total assets of the company as of the reporting date were ¥98.99 billion, a decrease from ¥99.38 billion in the previous period[19]. - Total liabilities decreased to ¥72.91 billion from ¥74.41 billion, indicating a reduction of 2.1%[19]. - Non-current liabilities increased to ¥8.17 billion from ¥5.51 billion, reflecting a growth of 48.5%[19]. - The company's total equity rose to ¥26.07 billion, compared to ¥24.97 billion in the previous period, an increase of 4.4%[19]. - The company's total assets amounted to ¥33,333,356,280.28, slightly down from ¥33,709,529,534.39 in the previous year[31]. - The total liabilities of the company were ¥23,044,559,742.54, a decrease from ¥23,973,044,386.34 in the previous year[31]. - The company's total equity increased to ¥10,288,796,537.74 from ¥9,736,485,148.05, marking a growth of 5.7%[31]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately ¥1.00 billion, an increase of 75.57% compared to the same period last year[7]. - The net cash flow from operating activities for the first three quarters of 2025 is CNY 1.00 billion, compared to CNY 570.98 million in 2024, indicating an increase of 75.1%[26]. - The company reported a net cash outflow from investing activities of CNY 3.77 billion for the first three quarters of 2025, compared to a net outflow of CNY 3.34 billion in 2024[27]. - Cash inflow from operating activities for the first three quarters of 2025 reached approximately ¥9.52 billion, a 27% increase from ¥7.50 billion in the same period of 2024[35]. - The company reported a total cash outflow from operating activities of approximately ¥9.92 billion, compared to ¥8.22 billion in the previous year[35]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 703,728[14]. - Sichuan Changhong Electric Holding Group Co., Ltd. holds 1,071,813,562 shares, accounting for 23.22% of total shares[14]. - The total number of shares held by the top 10 shareholders is 1,271,000,000, representing a significant concentration of ownership[14]. - The largest shareholder, Sichuan Changhong Electric Holding Group, has no pledged shares[14]. - The company has a total of 1,071,813,562 unrestricted circulating shares held by major shareholders[15]. Investment and Expenses - Research and development expenses for the first three quarters of 2025 amounted to ¥1.67 billion, slightly up from ¥1.64 billion in 2024[22]. - Research and development expenses for the first three quarters of 2025 were ¥97,851,778.06, down 28.1% from ¥136,061,360.24 in the same period of 2024[33]. - The company reported investment income of ¥1,304,208,195.55, which is a substantial increase from ¥806,340,506.28 in the previous year[33]. - Non-recurring gains and losses for the quarter amounted to approximately ¥472.13 million, significantly influenced by the increase in investment gains from Huafeng Technology[10]. Market Position and Strategy - The company's cash and cash equivalents amount to ¥24,865,718,140.25, a decrease from ¥25,421,106,757.23 at the end of the previous period[17]. - Accounts receivable increased to ¥15,629,101,779.28 from ¥14,897,082,693.84, reflecting a growth of approximately 4.9%[17]. - Inventory decreased to ¥18,862,898,619.26 from ¥22,864,696,172.96, indicating a reduction of about 17.5%[17]. - The total current assets amount to ¥71,763,920,552.85, down from ¥73,334,298,542.47[17]. - The company achieved a cash inflow from investment activities of CNY 37.51 billion in 2025, significantly higher than CNY 18.12 billion in 2024, indicating a growth of 106.5%[27]. Accounting and Standards - The company did not apply new accounting standards for the year 2025[37].

Financial Performance - The company's operating revenue for the third quarter reached ¥112,477,006.90, representing a 124.12% increase compared to the same period last year[5] - The net profit attributable to shareholders was -¥2,598,402.92, a decrease of 26.99% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥2,772,112.03, reflecting a 57.29% increase in losses compared to the previous year[5] - The company's operating income for the year-to-date reached ¥294,374,160.07, an 88.71% increase compared to the same period last year[8] - Total operating revenue for Q3 2025 reached CNY 294,374,160.07, a significant increase from CNY 155,994,341.01 in the same period last year, representing an increase of 88.6%[15] - The net loss for Q3 2025 was CNY 13,495,557.26, compared to a net loss of CNY 15,532,421.60 in Q3 2024, showing an improvement of 13.2%[16] - Basic earnings per share (EPS) for the current period is -0.0123, compared to -0.0142 in the previous period[17] Cash Flow - The net cash flow from operating activities was ¥83,971,253.59, showing a significant increase of 11,516.57% year-on-year[5] - Cash flow from operating activities increased to 83,971,253.59 CNY from 722,857.64 CNY year-over-year, representing a significant improvement[18] - Cash inflow from operating activities totaled 254,497,038.80 CNY, up from 165,801,061.54 CNY in the previous period[17] - The net cash flow from financing activities was -¥14,197,661.13, a decrease of 117.55% compared to the previous year[8] - The net cash flow from financing activities was -14,197,661.13 CNY, worsening from -6,526,251.44 CNY year-over-year[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥509,144,403.06, down 10.27% from the end of the previous year[5] - The total assets decreased from CNY 567,402,831.84 in the previous quarter to CNY 509,144,403.06, a decline of 10.2%[15] - Total liabilities decreased from CNY 168,429,253.44 to CNY 123,666,381.92, representing a reduction of 26.6%[15] - The company's total equity decreased from CNY 398,973,578.40 to CNY 385,478,021.14, a decline of 3.8%[15] Inventory and Receivables - The company's inventory decreased by 38.24% to ¥222,259,127.65, attributed to increased sales of seedlings[8] - Inventory decreased to ¥222,259,127.65 from ¥359,876,908.61, reflecting a reduction of about 38.2%[13] - Accounts receivable rose to ¥74,290,478.79 from ¥66,065,029.10, indicating an increase of approximately 18.5%[13] - The total current assets decreased to ¥396,836,459.55 from ¥446,613,153.60, a decline of approximately 11.1%[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 68,146[9] - The largest shareholder, Fujian Bwater Agricultural Investment Co., Ltd., holds 27.78% of shares, totaling 285,990,000 shares[9] - The company has no preferred shareholders or significant changes in the top ten shareholders participating in margin trading[10] Strategic Initiatives - The company entered into a strategic cooperation agreement with Xinyang Xinport Trade Co., Ltd., establishing a long-term supply channel for seedlings, with a total contract value of ¥26,098,107[11] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[16] Other Financial Metrics - The company's cash and cash equivalents increased to ¥85,982,480.18 from ¥8,012,633.33 at the beginning of the period, representing a significant growth[13] - The company reported a significant increase in other income, which rose by 5,252.25% to ¥742,914.83 due to government compensation for relocation[8] - Research and development expenses amounted to CNY 21,096,501.38, slightly up from CNY 20,697,253.25, reflecting a year-over-year increase of 1.9%[15] - The company reported an investment income of CNY 1,547,446.60, compared to no investment income in the previous year[16] Audit and Compliance - The company did not undergo an audit for the third quarter financial report[19] - The company has not applied the new accounting standards for the current reporting period[19] - There were no profits reported from the merged entity prior to the merger[17]

江苏常宝钢管股份有限公司 2025 年第三季度报告 证券代码：002478 证券简称：常宝股份 公告编号：2025-050 江苏常宝钢管股份有限公司 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。 □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 | | | 营业收入（元） | 1,472,088,768.46 | 3.66% | 4,283,685,542.75 | 1.40% | | 归属于上市公司股东 | 137,570,737.51 | 61.15% | 392,435,814.78 | -4.60% | | 的净利润（元） | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 133,558,271.24 | 40.60% ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥96,115,821.58, representing a 57.03% increase year-over-year[5] - The net profit attributable to shareholders was -¥19,414,463.54, a decrease of 15.40% compared to the same period last year[5] - The basic earnings per share for Q3 2025 was -¥0.0444, reflecting a 15.27% increase in loss compared to the previous year[5] - The net profit for the current period was a loss of ¥64,192,879.70, compared to a profit of ¥51,985,591.30 in the previous period, indicating a significant decline[31] - The operating profit for the current period was reported at -¥45,032,779.60, a decrease from ¥68,530,996.95 in the previous period[31] - The basic earnings per share for the current period was -¥0.1541, compared to ¥0.1083 in the previous period, indicating a negative shift[32] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥2,345,498,987.76, down 5.16% from the end of the previous year[5] - The total liabilities decreased slightly to ¥1,303,347,547.11 from ¥1,330,265,724.40, showing a reduction of about 2.0%[28] - The total assets decreased to ¥2,345,498,987.76 from ¥2,473,097,996.92, reflecting a decline of approximately 5.2%[28] - The company's long-term liabilities increased, with long-term payables rising to ¥102,036,974.40 from ¥36,974.40[28] - The deferred income tax assets decreased to ¥56,086,568.18 from ¥63,788,049.03, a decline of approximately 12.5%[28] Cash Flow - Cash flow from operating activities for the year-to-date was ¥45,867,970.93, a significant decline of 87.34% compared to the same period last year[15] - The company's cash flow from operating activities was significantly lower, with cash received from sales dropping to ¥248,523,559.25 from ¥399,539,857.90 in the previous period[34] - Net cash inflow from operating activities was $45,867,970.93, a decrease of 87.3% compared to $362,414,335.90 in the previous period[35] - Total cash inflow from investing activities was $5,035,951.00, down from $21,409,261.52, resulting in a net cash outflow of $18,979,616.78[35] - Cash inflow from financing activities totaled $971,513,679.74, an increase of 13.7% from $854,853,911.38, with a net cash outflow of $27,506,688.59[36] - Cash and cash equivalents at the end of the period were $123,824,427.00, down from $237,604,297.17, reflecting a decrease of 47.9%[36] - Total cash outflow for operating activities was $489,946,144.46, a decrease of 49.3% from $968,597,926.88[35] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,619[18] - The largest shareholder, Xihu Electronics Group, holds 30.57% of shares, totaling 133,820,941 shares[18] - The second-largest shareholder, Hangzhou Information Technology Co., Ltd., holds 10.03% of shares, totaling 43,904,536 shares[19] Operational Costs - The company reported an increase in operating costs by 39.28% to ¥155,281,210.24, primarily due to higher sales costs[12] - Total operating costs increased to ¥264,188,964.05, up from ¥247,386,968.58, reflecting a rise of approximately 6.9%[30] Other Information - The company held a board meeting on August 21, 2025, to approve the use of part of the idle raised funds to temporarily supplement working capital[22] - The company is involved in a lawsuit with Hangzhou Songdu Real Estate Group, with updates provided in the court's notifications[22] - The company has revised its articles of association and related rules during the board meetings held in August 2025[21] - The company experienced a 75.22% increase in non-operating income, totaling ¥3,599,417.58, attributed to an increase in unpayable liabilities[13] - The total current assets amount to 790,375,381.10 RMB, down from 871,983,777.19 RMB at the beginning of the period, reflecting a decrease of approximately 9.3%[26] - Accounts receivable decreased from 107,324,784.26 RMB to 69,961,130.02 RMB, a decline of about 34.7%[26] - Inventory decreased from 419,916,304.20 RMB to 399,353,831.09 RMB, a reduction of approximately 4.9%[26] - Long-term equity investments decreased from 478,030,038.71 RMB to 469,792,887.46 RMB, a decline of about 1.6%[26]

Financial Performance - The company's revenue for Q3 2025 reached ¥206,174,434.09, representing a 34.65% increase year-over-year[3] - Net profit attributable to shareholders was ¥58,576,416.33, a significant increase of 248.63% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥53,072,136.93, up 165.93% year-over-year[3] - Total operating revenue for the current period reached ¥509.59 million, a 26.2% increase from ¥403.76 million in the previous period[25] - Net profit for the current period was ¥139.60 million, a decrease of 20.4% compared to ¥175.22 million in the previous period[26] - The company reported a total comprehensive income of ¥139.60 million, down from ¥175.22 million in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,500,148,412.38, reflecting a 4.00% increase from the end of the previous year[3] - Total current assets increased to approximately 2.03 billion RMB from 1.94 billion RMB, with cash and cash equivalents decreasing from approximately 1.24 billion RMB to 472.43 million RMB[20][21] - The company's total assets reached approximately 4.50 billion RMB, up from 4.33 billion RMB at the beginning of the period[22] - The company has a total of 741.79 million RMB in current liabilities, up from 537.92 million RMB, reflecting increased operational activities[22] - Total liabilities amounted to ¥981.19 million, an increase from ¥904.47 million in the previous period[23] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥226,342,370.02, down 35.73% compared to the previous year[3] - Cash flow from operating activities generated ¥226.34 million, down 35.7% from ¥352.18 million in the previous period[30] - Cash outflow from investment activities totaled ¥966.43 million, an increase from ¥928.51 million in the previous period[30] - Cash inflow from financing activities was ¥25.00 million, a decrease from ¥45.14 million in the previous period[30] - Net cash flow from financing activities was -$73.22 million, a decrease from -$144.35 million year-over-year[31] - The net increase in cash and cash equivalents for the period was -$771.34 million, compared to -$689.52 million in the previous year[31] - The ending balance of cash and cash equivalents was $468.99 million, up from $420.52 million year-over-year[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,413[13] - The company has a total of 63.94 million shares held by Rongjie Investment Holding Group, indicating a significant shareholder presence[15] Investments and Projects - The company is investing at least 900 million RMB in the lithium-ion battery cathode material manufacturing and R&D base project in Nansha District, Guangzhou, with the environmental assessment report approved on July 28, 2025[17] - The company has signed a cooperation agreement with the government of Kangding City for outsourcing mineral processing, allowing for the processing of up to 350,000 tons of ore annually, with 320,000 tons already processed as of the reporting period[18] - The company is preparing for a 350,000 tons/year expansion project in mineral processing, indicating growth in production capacity[18] Inventory and Receivables - The company's inventory increased by 120.98% to ¥156,313,925.35, primarily due to an increase in products and goods dispatched[9] - The company reported a significant increase in trading financial assets, rising to approximately 1.13 billion RMB from 418.16 million RMB[20] - The company's accounts receivable increased to approximately 155.67 million RMB from 97.73 million RMB, indicating improved sales performance[20] Equity and Returns - The weighted average return on equity decreased by 1.16 percentage points to 1.70% for the current period[3] - Total equity attributable to shareholders increased to ¥3,458.50 million from ¥3,357.86 million, reflecting a growth of 3.0%[23] Other Information - The company's short-term borrowings decreased by 50.01% to ¥25,015,972.22, mainly due to repayment of bank loans[10] - The third quarter financial report was not audited[32] - Earnings per share (EPS) decreased to ¥0.5545 from ¥0.7039, reflecting a decline of 21.2%[27] - Total operating costs increased to ¥405.74 million, up 29.0% from ¥314.61 million in the previous period[25]