Financial Performance - The company's operating revenue for Q3 2025 was approximately ¥58.50 billion, a decrease of 20.42% compared to the same period last year[6]. - The total profit for the quarter was approximately ¥12.89 billion, reflecting a significant decline of 55.56% year-over-year[6]. - Net profit attributable to shareholders was approximately ¥9.53 billion, down 55.14% compared to the previous year[6]. - The basic earnings per share for the quarter were ¥0.62, a decrease of 53.38% compared to the same period last year[6]. - The group’s net profit for the first three quarters of 2025 was RMB 26.040 billion, down RMB 13.063 billion from the same period in 2024[23]. - Net profit for the first nine months of 2025 was RMB 3,636,217,000, down 34.01% from RMB 5,508,888,000 in 2024[25]. - The company's net profit for the first three quarters of 2025 reached CNY 8.16 billion, compared to CNY 4.94 billion in the same period of 2024, representing an increase of approximately 65.0%[45]. Revenue and Costs - Revenue from the container shipping business for the first three quarters of 2025 was RMB 161.031 billion, a decrease of RMB 7.809 billion compared to the same period in 2024[23]. - Total operating revenue for the first three quarters of 2025 was CNY 167.60 billion, a decrease of 4.5% compared to CNY 174.74 billion in the same period of 2024[36]. - Total operating costs increased to CNY 136.26 billion in 2025, up 7.5% from CNY 126.61 billion in 2024[36]. - In Q3 2025, total container shipping revenue was RMB 7,264,783,000, a decrease of 23.53% year-over-year[24]. - For the first nine months of 2025, container shipping revenue reached RMB 20,721,347,000, down 6.76% compared to the same period in 2024[24]. Market Conditions - The average container shipping market price index (CCFI) decreased by 39.49% in Q3 2025, impacting revenue per container[9]. - The group’s revenue from the Trans-Pacific route in Q3 2025 was RMB 14.545 billion, down 34.16% from Q3 2024[20]. - Revenue from the Asia-Europe route in Q3 2025 was RMB 10.907 billion, a decrease of 32.27% compared to the same quarter in 2024[20]. Assets and Liabilities - The company's total assets at the end of the reporting period were approximately ¥500.03 billion, a slight increase of 0.51% from the end of the previous year[6]. - Total liabilities increased to CNY 217.33 billion in 2025 from CNY 212.41 billion in 2024, reflecting a growth of 2.8%[33]. - The total equity attributable to shareholders decreased slightly to CNY 232.24 billion in 2025 from CNY 234.67 billion in 2024[33]. Cash Flow - Cash flow from operating activities for the first three quarters of 2025 was CNY 39.98 billion, a decrease of 23% compared to CNY 51.69 billion in 2024[38]. - Cash flow from investing activities for the first three quarters of 2025 was negative CNY 17.46 billion, compared to negative CNY 15.49 billion in 2024[39]. - Cash flow from financing activities for the first three quarters of 2025 was negative CNY 35.44 billion, an increase in outflow compared to negative CNY 26.80 billion in 2024[39]. Operational Metrics - The container shipping business handled a total freight volume of 20.184 million TEUs in the first three quarters of 2025, representing a year-on-year increase of 6.01%[17]. - In Q3 2025, the total freight volume was 6.903 million TEUs, up 4.91% compared to Q3 2024[18]. - The total throughput of the group's ports in the first nine months of 2025 was 11,327,750 TEUs, an increase of 5.60% year-over-year[27]. - The EBIT margin for the container shipping business decreased by 8.30 percentage points to 20.65% in the first three quarters of 2025[23]. Strategic Initiatives - The company is focusing on enhancing customer service and global supply chain resilience amid external uncertainties[7]. - The company plans to accelerate the integration of its main shipping business with digital supply chain initiatives to adapt to market changes[7]. Other Financial Metrics - The company reported non-operating income of approximately ¥33.32 million for the quarter, primarily from asset disposals and government subsidies[8]. - The company reported an investment income of CNY 4.43 billion for the first three quarters of 2025, up from CNY 3.76 billion in 2024, representing an increase of 17.7%[36]. - The company’s research and development expenses for the first three quarters of 2025 were CNY 796.89 million, a slight increase from CNY 768.77 million in 2024[36].

Financial Performance - The company's operating revenue for Q3 2025 was ¥176,554,014.86, representing a year-on-year increase of 15.96%[3] - The total profit for the quarter was ¥7,016,565.63, a significant increase of 376.99% compared to the same period last year[3] - Net profit attributable to shareholders was ¥8,840,993.01, reflecting a remarkable growth of 785.02% year-on-year[3] - Basic earnings per share for the quarter were ¥0.08, a significant increase of 910.91% year-on-year[3] - Total operating revenue for the first three quarters of 2025 reached ¥462.37 million, an increase of 4.0% compared to ¥442.85 million in the same period of 2024[16] - Net profit for the first three quarters of 2025 was a loss of ¥26.51 million, compared to a profit of ¥5.55 million in the same period of 2024[17] - Basic and diluted earnings per share for the current period were both -¥0.25, down from ¥0.05 in the previous year[18] Cash Flow - The net cash flow from operating activities for the year-to-date period reached ¥70,349,187.98, an increase of 187.59%[3] - Cash flow from operating activities for the first three quarters of 2025 showed a significant decline, reflecting challenges in cash generation[19] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 357,093,448.42, a significant increase from CNY 197,570,260.26 in the same period of 2024, representing an increase of approximately 80.7%[20] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 70,349,187.98, compared to a net outflow of CNY 80,316,784.51 in the first three quarters of 2024, indicating a turnaround in performance[21] - The total cash outflow from operating activities in the first three quarters of 2025 was CNY 286,744,260.44, slightly higher than CNY 277,887,044.77 in the same period of 2024[21] Research and Development - Research and development (R&D) expenses for the quarter totaled ¥33,400,052.36, up 18.14% from the previous year[4] - R&D expenses accounted for 18.92% of operating revenue, an increase of 0.35 percentage points year-on-year[4] - Research and development expenses rose to ¥93.30 million, reflecting an increase of 11.5% from ¥83.75 million in the previous year[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,533,537,659.18, a 3.24% increase from the end of the previous year[4] - Total assets amounted to ¥1,533.54 million, a slight increase from ¥1,485.43 million year-over-year[14] - Total liabilities increased to ¥322.15 million, compared to ¥247.18 million in the previous year, marking a rise of 30.2%[14] - Non-current liabilities totaled ¥38.57 million, down from ¥45.95 million year-over-year[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,153[9] - The largest shareholder, Shenzhen Mingwei Technology Co., Ltd., holds 35.17% of shares, totaling 38,714,069 shares[9] - The second-largest shareholder, Wang Lekang, holds 11.74% of shares, totaling 12,922,176 shares[9] Investment Activities - Cash inflow from investment activities in the first three quarters of 2025 was CNY 558,974,703.74, down from CNY 790,797,146.54 in the same period of 2024, reflecting a decrease of approximately 29.2%[21] - The net cash flow from investment activities for the first three quarters of 2025 was -CNY 15,912,176.30, compared to a positive net cash flow of CNY 8,282,560.77 in the first three quarters of 2024[21] Other Information - The company has not reported any significant changes in shareholder participation in financing or securities lending activities[11] - The company has not identified any other important information regarding its operational performance during the reporting period[11] - The company did not report any new product launches or technological advancements during this reporting period[22]

Financial Performance - The company's operating revenue for the third quarter was CNY 549,376,275.97, a decrease of 24.73% compared to the same period last year[4] - The total profit for the quarter was CNY 77,308,932.94, reflecting a decline of 20.62% year-over-year[4] - The net profit attributable to shareholders was CNY 64,668,113.90, down 19.94% from the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 74,906,282.78, a decrease of 8.96% compared to the same period last year[4] - The basic earnings per share for the quarter was CNY 0.12, representing a decline of 19.94% year-over-year[5] - Total operating revenue for the first three quarters of 2025 was approximately CNY 1.86 billion, a decrease of 18.8% compared to CNY 2.29 billion in the same period of 2024[18] - Net profit for the first three quarters of 2025 was approximately CNY 246.32 million, a decrease of 23.2% compared to CNY 320.65 million in 2024[19] - Earnings per share for the first three quarters of 2025 were CNY 0.44, down from CNY 0.57 in the same period of 2024[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,845,272,161.62, a decrease of 2.43% from the end of the previous year[5] - Total assets as of September 30, 2025, were approximately CNY 6.85 billion, a decrease from CNY 7.02 billion at the end of 2024[17] - Total liabilities as of September 30, 2025, were approximately CNY 2.93 billion, down from CNY 3.17 billion at the end of 2024[17] - Non-current assets totaled approximately CNY 1.26 billion as of September 30, 2025, an increase from CNY 1.22 billion at the end of 2024[17] - The company’s total equity as of September 30, 2025, was approximately CNY 3.92 billion, an increase from CNY 3.84 billion at the end of 2024[17] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -204,191,566.88, indicating a negative cash flow situation[5] - Net cash flow from operating activities improved to -CNY 204,191,566.88, compared to -CNY 495,864,044.43 in the previous year, mainly due to lower project payments[10] - The cash inflow from operating activities was CNY 1,780,980,856.56, a decrease of 1.5% compared to CNY 1,808,311,611.79 in the same period of 2024[21] - The net cash outflow from operating activities was CNY -204,191,566.88, an improvement from CNY -495,864,044.43 in the previous year, indicating a reduction in losses[21] - The cash outflow for purchasing goods and services was CNY 1,190,274,923.15, down 5.4% from CNY 1,258,398,599.82 in 2024[21] - The net cash flow from investing activities was CNY -6,018,931.33, an improvement from CNY -14,355,008.78 in the same period last year[23] - The cash inflow from financing activities was CNY 900,000,000.00, significantly higher than CNY 401,000,000.00 in 2024, reflecting increased borrowing[23] - The net cash outflow from financing activities was CNY -75,475,660.07, compared to CNY -8,749,078.42 in the previous year, indicating higher cash outflows for debt repayment and dividends[23] - The ending cash and cash equivalents balance was CNY 806,864,245.57, compared to CNY 751,655,164.19 at the end of the same period in 2024, showing an increase in liquidity[23] Shareholder Information - The equity attributable to shareholders increased by 1.93% to CNY 3,844,380,668.48 compared to the end of the previous year[5] - The largest shareholder, Anhui Provincial Transportation Holding Group, holds 47.32% of the shares, totaling 265,238,400 shares[12] Other Financial Metrics - Financial expenses increased by 354.41% to CNY 6,047,948.41 compared to the same period last year due to higher interest expenses[10] - Other income decreased by 47.19% to CNY 4,028,188.79, primarily due to lower VAT deductions compared to the previous year[10] - Fair value changes resulted in a gain of CNY 14,652,886.07, a significant improvement from a loss of CNY 7,776,060.50 in the same period last year[10] - The company reported a significant increase in credit impairment losses, which rose by 266.87% to CNY 4,066,281.07 compared to the previous year[10] - The company has not adopted new accounting standards for the current reporting period, maintaining consistency in financial reporting[24]

Financial Performance - Total revenue for Q3 2025 reached ¥9,004,162,355.11, a 55.94% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥4,480,495,200.25, reflecting a 73.94% year-over-year growth[4] - The total profit for the period was ¥5,619,017,956.67, marking a significant increase of 96.52% from the previous year[4] - Basic earnings per share rose to ¥0.38, a 90.00% increase compared to the same quarter last year[4] - Total operating revenue for the first three quarters of 2025 reached ¥22.75 billion, a 44.3% increase from ¥15.76 billion in the same period of 2024[26] - Net profit for the first three quarters of 2025 was ¥10.97 billion, up 57.5% from ¥6.96 billion in the first three quarters of 2024[27] - The company reported a significant increase in investment income, totaling ¥11.15 billion, compared to ¥1.48 billion in the same period last year, marking a growth of 651.5%[26] - Net profit for the first three quarters of 2025 was CNY 9.92 billion, a 54.5% increase from CNY 6.42 billion in 2024[34] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥861,092,526,709.18, representing a 16.76% increase from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to RMB 861,092,526,709.18, an increase from RMB 737,470,691,457.89 as of December 31, 2024[23] - Total liabilities increased to RMB 792,174,186,709.18 from RMB 670,000,000,000.00 in the previous period[23] - The company's total assets as of September 30, 2025, amounted to CNY 730,648,365,129.09, an increase from CNY 645,705,764,711.05 at the end of 2024[31] - The company's total liabilities rose to CNY 584,469,422,772.00 as of September 30, 2025, up from CNY 510,205,709,946.22 at the end of 2024[32] Cash Flow - The company reported a net cash flow from operating activities of ¥33,090,979,606.89, down 43.00% compared to the previous year[4] - Operating cash flow for the first three quarters of 2025 was CNY 33,090,979,606.89, a decrease of 43% compared to CNY 58,056,098,739.59 in the same period of 2024[29] - Cash flow from operating activities generated a net inflow of CNY 8.92 billion, down 81.7% from CNY 48.68 billion in the previous year[36] - Cash flow from financing activities resulted in a net inflow of CNY 15.65 billion, reversing a net outflow of CNY 20.37 billion in the previous year[37] Income and Expenses - The company reported a significant increase in tax expenses, with income tax expenses rising by 422.40% to CNY 2,286,082,368.18, attributed to higher taxable income[15] - The company’s total operating expenses were ¥9.46 billion, an increase from ¥8.36 billion, which is a rise of 13.1% year-over-year[26] - Total operating expenses were CNY 7.10 billion, up 17.4% from CNY 6.04 billion in 2024[33] Shareholder Information - Total number of common shareholders at the end of the reporting period was 125,066, with 124,499 A-share common shareholders and 567 H-share registered shareholders[20] - The largest shareholder, China Galaxy Financial Holdings Co., Ltd., holds 5,186,538,364 shares, representing 47.43% of total shares[20] - The number of shares held by the top 10 shareholders accounted for a significant portion of the total shares, with the top shareholder alone holding 47.43%[20] Investment and Commission Income - Net commission income increased by 63.14% year-on-year to CNY 7,255,493,995.09, driven by growth in brokerage and investment banking services[15] - Net interest income for the current period reached CNY 1,267,133,775.08, a 61.05% increase due to reduced financing interest expenses[16] - Net interest income increased to ¥3.21 billion, compared to ¥2.63 billion in the previous year, reflecting a growth of 21.9%[26] - Net commission and fee income surged to CNY 6.29 billion, a 78.5% increase from CNY 3.53 billion in the previous year[33] Other Comprehensive Income - Other comprehensive income showed a negative change of -138.12%, with a net amount of CNY -1,090,047,143.06, impacted by fair value changes of equity investments[15] - Other comprehensive income after tax for the first three quarters of 2025 was a loss of ¥1.09 billion, compared to a gain of ¥2.86 billion in the same period last year[27]

Financial Performance - The company's operating revenue for Q3 2025 was ¥105,456,600.44, a decrease of 14.03% compared to the same period last year[5] - The net profit attributable to shareholders was -¥125,378.06, representing a decline of 100.93% year-on-year[5] - Basic earnings per share were -¥0.0009, a decrease of 100.92% compared to the same period last year[5] - Operating profit decreased to ¥41,693,959.38, down 25.4% from ¥55,873,604.57 year-over-year[20] - Net profit attributable to shareholders of the parent company was ¥36,673,596.51, a decline of 24.7% from ¥48,712,473.46 in the previous year[20] - Other comprehensive income after tax increased to ¥1,888,525.74, compared to ¥1,233,422.39 in the previous year, indicating improved financial performance in this area[20] Cash Flow - The net cash flow from operating activities was ¥9,166,362.02, down 66.30% from the previous year[5] - Operating cash flow for the current period is ¥9,166,362.02, a decrease of 66.3% compared to ¥27,203,657.73 in the previous period[22] - Net cash flow from financing activities decreased by 72.60% to -¥17,368,781.70, reflecting reduced cash related to financing activities[10] - Cash flow from financing activities shows a net outflow of -¥17,368,781.70, compared to -¥63,400,976.01 in the previous period, indicating an improvement[23] - The ending balance of cash and cash equivalents is ¥98,166,085.68, down from ¥118,081,846.36 in the previous period[23] - The company's cash and cash equivalents decreased from ¥130,812,145.32 to ¥101,491,421.45, a decline of approximately 22.4%[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,372,487,389.28, a decrease of 0.36% from the end of the previous year[5] - Total assets amounted to ¥1,372,487,389.28, slightly down from ¥1,377,513,566.58 at the end of the previous period[18] - Total liabilities decreased to ¥230,458,755.42 from ¥260,187,910.49, reflecting a reduction of 11.4%[18] - The total current assets decreased from ¥1,067,692,847.33 to ¥1,045,446,572.32, a reduction of about 2.1%[16] Investments and Expenses - Investment income decreased by 53.56% to ¥773,638.42, attributed to reduced returns from financial products[10] - Research and development expenses rose to ¥24,288,848.52, up 18.0% from ¥20,447,053.55, indicating a focus on innovation[19] - The company's financial expenses increased by 424.84% to -¥4,516,116.11, primarily due to increased exchange gains[10] - Cash paid for the purchase of fixed assets and intangible assets is ¥45,047,054.25, down from ¥73,126,935.76 in the previous period[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,262[12] - The largest shareholder, Changzhou Changqing Industrial Investment Group Co., Ltd., holds 30.60% of shares, totaling 42,228,000 shares[12] - The company has a total of 10.23% of shares held by foreign entity, Ewei Holdings Limited, amounting to 14,118,400 shares[12] Inventory and Receivables - Accounts receivable increased from ¥341,277,165.42 to ¥372,794,847.69, representing an increase of about 9.5%[16] - Inventory rose from ¥145,568,239.30 to ¥168,794,589.16, indicating an increase of approximately 15.9%[16] - The company reported a significant increase in contract liabilities by 347.19% to ¥7,861,078.00, mainly due to increased customer prepayments[9] - The company reported a significant increase in contract liabilities, which rose to ¥7,861,078.00 from ¥1,757,875.54, suggesting growth in future revenue streams[19] Impairment and Provisions - The company experienced a 283.73% increase in credit impairment losses, totaling -¥3,845,599.02, due to higher provisions for bad debts[10]

Financial Performance - The company's operating revenue for Q3 2025 was ¥396,353,626.83, a decrease of 42.46% compared to the same period last year[5] - The net profit attributable to shareholders was -¥324,701,162.08, reflecting a significant decline of 1,027.84% year-over-year[5] - The basic earnings per share were -¥0.0553, down 1,021.64% from the previous year[5] - Total revenue for the current period is CNY 1,168,650,247.66, a decrease of 48.3% compared to CNY 2,264,078,669.87 in the previous period[20] - The company reported a net loss of ¥494,918,656.79, compared to a net profit of ¥45,145,589.56 in the previous period[21] - Total comprehensive income amounted to ¥-496,784,809.38, down from ¥52,802,330.18 in the prior period[22] - Basic and diluted earnings per share were both ¥-0.0828, compared to ¥0.0142 in the previous period[22] - Operating profit was ¥-445,246,449.31, a significant decline from ¥124,499,671.53 in the prior period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,826,220,756.93, a decrease of 3.12% from the end of the previous year[5] - The total assets decreased to CNY 11,826,220,756.93 from CNY 12,207,434,811.89, a reduction of 3.1%[19] - Total liabilities increased to CNY 6,917,554,520.20 from CNY 6,871,018,701.81, reflecting a rise of 0.7%[19] - The company's equity attributable to shareholders decreased by 8.49% to ¥4,472,215,191.22 compared to the previous year[5] - The company's equity attributable to shareholders decreased to CNY 4,472,215,191.22 from CNY 4,887,127,060.87, a decline of 8.5%[19] Cash Flow and Investments - Cash flow from operating activities for the year-to-date was ¥149,120,955.32, an increase of 150.91%[5] - Cash flow from operating activities generated a net inflow of ¥149,120,955.32, recovering from a net outflow of ¥-292,919,966.25 in the previous period[22] - Cash and cash equivalents at the end of the period totaled ¥520,504,861.63, an increase from ¥300,104,114.42 at the end of the previous period[23] - The company's cash and cash equivalents increased to CNY 834,730,802.76 from CNY 803,172,874.93, showing a growth of 3.5%[17] - The company received cash inflows from investment activities totaling ¥66,524,518.91, compared to ¥14,769,626.61 in the previous period[23] - The company reported a net investment loss of CNY 892,786.33 compared to a gain of CNY 8,321,347.46 in the previous period[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 72,080[11] - The largest shareholder, Xinhua Lian Cultural Tourism Development Co., Ltd., holds 28.47% of shares, totaling 1,671,517,991 shares[11] - Hunan Tianxiang Yingxin Technology Development Co., Ltd. holds 20.44% of shares, totaling 1,200,000,000 shares, with 300,000,000 shares frozen[11] - Xinhua Lian Holdings Co., Ltd. has a stake of 6.22%, amounting to 365,469,658 shares[11] - The company has a total of 1,671,517,991 unrestricted shares held by its major shareholders[12] - The company’s financial management subsidiary holds 111,682,858 shares, all of which are unrestricted[12] - The company is actively managing its shareholder structure, with several shareholders involved in financing and securities lending activities[12] Incentive Plans - The company has approved a stock option incentive plan for 2025, with a total of 3,895,000 options granted to 84 individuals[16] - The stock option incentive plan was publicly announced and no objections were raised during the public notice period[14] - The stock option plan is part of the company's strategy to enhance employee motivation and retention[13] Other Income and Expenses - The company reported a significant increase in other income, which rose by 82.33% to ¥36,924,905.02 due to increased tax incentives[9] - The company experienced a 7008.37% increase in tax refunds received, amounting to ¥42,808,667.27[9] - The company recorded an asset disposal gain of ¥1,315,507.13, a substantial increase of 2501.60% compared to the previous year[9] - The financial expenses for the current period were CNY 66,270,676.22, an increase from CNY 55,988,137.64, indicating a rise of 18.8%[20] - The company reported a tax expense of ¥2,921,725.33, compared to ¥67,365,460.50 in the previous period[21]

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。 广东宏川智慧物流股份有限公司 2025 年第三季度报告 证券代码:002930 债券代码:128121 证券简称:宏川智慧 债券简称:宏川转债 公告编号:2025-138 广东宏川智慧物流股份有限公司 2025 年第三季度报告 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 0是 ☑否 l 广东宏川智慧物流股份有限公司 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 日是 ☑否 | 项目 | 本报告期 | 本报告期比上年 | 年初至报告 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 同期增减 | 期末 | 比上年同期增减 | | ...

Revenue and Profitability - Revenue for Q3 2025 was CNY 203,344,161.17, a decrease of 30.00% compared to the same period last year[5] - Net profit attributable to shareholders was a loss of CNY 9,989,150.34, representing a 95.24% increase in loss year-over-year[5] - Operating revenue for the first nine months of 2025 was CNY 515,084,489.56, down 65.79% from CNY 1,505,650,505.72 in the same period last year[9] - The total net profit for the period was -34,238,069.18, representing a 92.10% improvement compared to -433,517,962.52 from the previous period[10] - Operating profit decreased to -31,204,207.01, showing a 91.48% improvement from -366,345,210.29 in the prior period[10] - The total profit for the period was -31,100,117.33, reflecting a 93.06% improvement compared to -448,329,096.65 from the previous period[10] - The company reported a basic earnings per share of -0.02, improving by 93.10% from -0.29 in the previous period[10] Cash Flow and Assets - Cash flow from operating activities showed a net outflow of CNY 46,083,306.98, a decline of 66.42% compared to the beginning of the year[5] - The net cash flow from operating activities was -46,083,306.98, a 66.42% improvement from -137,216,060.16 in the previous year[10] - The cash and cash equivalents net increase was -432,327,472.73, a significant decline of 1169.69% from -34,049,933.44 in the prior period[10] - The company's cash and cash equivalents dropped significantly to ¥148,174,321.30 from ¥542,934,453.45, a decline of about 72.7%[19] - The ending cash and cash equivalents balance is ¥102,216,175.42, down from ¥425,371,068.39 in the previous period[25] Assets and Liabilities - Total assets decreased by 13.41% to CNY 1,222,215,857.29 compared to the end of the previous year[5] - The company's total assets amounted to ¥1,222,215,857.29, a decrease from ¥1,411,518,298.06 at the beginning of the period[20] - The company's current assets decreased to ¥742,849,407.42 from ¥920,463,652.61, indicating a reduction of approximately 19.3%[20] - Total liabilities decreased to ¥1,254,920,383.65 from ¥1,417,962,705.38, a reduction of about 11.5%[21] - The company's total equity attributable to shareholders was a negative CNY 31,897,078.67, a decline of 420.56% due to operational losses[9] - The company's total equity attributable to shareholders decreased to -¥31,897,078.67 from -¥6,127,507.99, indicating a worsening financial position[21] Inventory and Receivables - Accounts receivable increased by 448.80% to CNY 93,364,991.68, primarily due to uncollected project payments[9] - Accounts receivable increased to ¥93,364,991.68 from ¥17,012,541.38, reflecting a growth of approximately 448.5%[19] - Inventory surged by 7503.61% to CNY 19,204,658.38, attributed to increased material purchases[9] - The company reported a significant increase in inventory, rising to ¥19,204,658.38 from ¥252,572.86, marking a growth of approximately 7,487.5%[19] Research and Development - Research and development expenses decreased by 69.76% to CNY 15,293,962.92, mainly due to changes in the consolidation scope[9] - Research and development expenses for the current period are ¥15,293,962.92, a decrease of 69.8% from ¥50,569,614.05 in the previous period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,219[12] - The largest shareholder, Zhuhai Dahengqin Group Co., Ltd., holds 20.37% of the shares, totaling 308,888,983 shares[12] Regulatory and Corporate Actions - The company received an administrative regulatory measure decision from the Shenzhen Securities Regulatory Bureau on October 17, 2025, emphasizing the importance of compliance and internal management[16] - On October 24, 2025, the company signed a conditional share transfer agreement, with the controlling shareholder transferring 75,964,060 shares (5.01% of total shares) to Hainan Shitong Niu Investment Co., Ltd.[17] - Following the share transfer, Hainan Shitong Niu will hold 499,244,483 shares, representing 25.74% of voting rights, changing the controlling shareholder to Hainan Shitong Niu Investment Co., Ltd.[17] Financial Reporting - The third quarter financial report of Shenzhen Baoying Construction Holdings Group Co., Ltd. has not been audited[26] - The new accounting standards will be implemented starting from 2025[26]

Financial Performance - The company's operating revenue for the third quarter was CNY 1,830,760,493.11, a decrease of 2.79% compared to the same period last year[4] - The total profit for the period was a loss of CNY 69,526,294.92, with a year-to-date loss of CNY 161,685,259.58, representing a significant decline of 637.96%[4] - The net profit attributable to shareholders was a loss of CNY 36,398,636.15 for the quarter, and a year-to-date loss of CNY 94,323,947.79, down 234.78% year-on-year[4] - The basic earnings per share for the quarter was -CNY 0.02, and -CNY 0.05 year-to-date, reflecting a decrease of 236.35%[5] - Operating profit for the first three quarters of 2025 was a loss of CNY 163,080,856.37, compared to a profit of CNY 29,162,720.65 in 2024[18][19] - Net profit for the first three quarters of 2025 was a loss of CNY 160,318,876.39, compared to a profit of CNY 8,047,532.00 in 2024[19] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.05, compared to CNY 0.04 in 2024[20] Assets and Liabilities - Total assets increased to CNY 11,862,509,550.21, up 5.66% from the end of the previous year[5] - As of September 30, 2025, the company's total assets amounted to approximately CNY 11.86 billion, an increase from CNY 11.23 billion at the end of 2024[14][15] - Current assets totaled CNY 4.87 billion, up from CNY 4.62 billion at the end of 2024, with cash and cash equivalents at CNY 943.94 million[14] - Total liabilities increased, with current liabilities at CNY 3.73 billion, reflecting a need for careful cash flow management[15] - Total liabilities as of the reporting date were CNY 5,852,359,302.15, an increase from CNY 4,958,280,444.19 in the previous year[18] - Total equity as of the reporting date was CNY 6,010,150,248.06, a decrease from CNY 6,268,409,015.58 in the previous year[18] Cash Flow - The company's cash flow from operating activities showed a negative net amount of CNY -3,632,411.65 for the quarter[4] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 4,739,373,343.11, an increase of 3.7% compared to CNY 4,569,872,109.95 in the same period of 2024[21] - The net cash flow from operating activities was -CNY 925,495,642.03, worsening from -CNY 258,408,492.31 year-over-year[21] - Cash inflow from investment activities totaled CNY 177,976,247.67, down 21.4% from CNY 226,475,562.75 in the previous year[22] - The net cash flow from investment activities was -CNY 462,939,919.59, compared to -CNY 236,714,949.38 in the same period of 2024[22] - Cash inflow from financing activities was CNY 3,387,674,991.96, slightly down from CNY 3,394,459,406.42 year-over-year[22] - The net cash flow from financing activities improved to CNY 1,137,621,977.10, up from CNY 695,468,719.24 in the previous year[22] - The ending balance of cash and cash equivalents was CNY 943,943,536.23, compared to CNY 715,603,045.02 at the end of the same period in 2024[22] - The total cash outflow from operating activities was CNY 5,664,868,985.14, an increase of 17.4% from CNY 4,828,280,602.26 in the same period of 2024[21] Operational Challenges - The company reported a significant loss during the reporting period due to intensified industry competition and a decline in product prices[13] - The company is actively integrating its business segments to mitigate the adverse effects of declining sales prices[13] - The management highlighted uncertainties regarding the impact of business integration and industry downturn risks on future performance[13] Investments and Expenses - The company reported a significant increase in prepayments by 109.46%, attributed to increased project payments[8] - Short-term borrowings rose by 33.82%, indicating an increase in liquidity needs[9] - The company experienced a 51.86% increase in financial expenses due to higher interest expenses from increased loan scales[9] - Research and development expenses for the first three quarters of 2025 were CNY 240,423,437.66, a decrease of 25.52% from CNY 322,756,751.31 in 2024[18] - Other income for the first three quarters of 2025 was CNY 21,900,798.86, a decrease of 65.94% from CNY 64,385,810.35 in 2024[18] - Investment income for the first three quarters of 2025 was CNY 14,089,860.45, compared to a loss of CNY 12,317,784.10 in 2024[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,518[11] - The company did not apply new accounting standards for the year 2025[23]

证券代码：002422 证券简称：科伦药业 公告编号：2025-079 四川科伦药业股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 四川科伦药业股份有限公司 2025 年第三季度报告 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 四川科伦药业股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 2 四川科伦药业股份有限公司 2025 年第三季度报告 | 减：所得税影响额 | 6,673,168.00 | 18,855,109.00 | | | --- | --- | --- | --- | | 少数股东权益影响额 （税后） | 8,628,878.00 | 19,831 ...