Revenue and Profit - Q3 2025 revenue reached ¥57,697,591.57, a slight increase of 0.63% compared to the same period last year[4] - Year-to-date revenue as of Q3 2025 was ¥181,214,421.16, up 0.50% year-on-year, but net profit decreased by 25.86% to ¥31,493,061.25[4] - Total operating revenue for the current period reached ¥181,214,421.16, a slight increase from ¥180,309,714.81 in the previous period, representing a growth of approximately 0.5%[17] - Net profit for the current period was ¥31,493,061.25, down from ¥42,475,543.91, reflecting a decrease of approximately 25.8%[18] - The total comprehensive income for the current period was ¥31,493,061.25, down from ¥42,475,543.91, indicating a decrease of about 25.8%[19] Assets and Liabilities - Total assets as of September 30, 2025, were ¥1,545,666,300.23, a decrease of 1.04% from the end of the previous year[4] - The total current assets decreased from CNY 1,034,430,240.63 to CNY 970,710,505.28, a decline of approximately 6.2%[14] - Total liabilities increased from CNY 124,615,668.48 to CNY 155,135,013.67, reflecting a rise of approximately 24.6%[15] - The company's total assets decreased from CNY 1,561,924,146.98 to CNY 1,545,666,300.23, a decline of about 1%[15] - Total liabilities rose to ¥164,629,248.97 from ¥135,635,063.14, an increase of approximately 21.4%[16] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥30,703,385.54, down 46.92% compared to the previous year[4] - Cash flow from operating activities generated a net amount of ¥30,703,385.54, down from ¥57,840,329.23, a decrease of approximately 47.1%[19] - The net cash flow from investing activities was -$324.33 million, an improvement from -$636.23 million in the previous period[20] - Total cash inflow from investing activities amounted to $1.03 billion, compared to $641.03 million last year[20] - The company reported a net decrease in cash and cash equivalents of -$353.10 million, compared to -$660.27 million in the previous period[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,967, with the largest shareholder holding 59.21% of the shares[11] - Total equity attributable to shareholders decreased to ¥1,381,037,051.26 from ¥1,426,289,083.84, a decline of about 3.2%[16] Expenses and Investments - Total operating costs increased to ¥151,614,912.64 from ¥137,492,714.65, marking a rise of about 10.3%[17] - Research and development expenses increased to ¥16,225,194.44 from ¥14,008,500.90, reflecting a growth of approximately 15.8%[17] - Investment cash inflows significantly increased to ¥817,202,438.36 from ¥487,876,577.51, representing a growth of about 67.4%[19] Other Financial Metrics - Net profit attributable to shareholders decreased by 5.19% to ¥12,229,477.62, while net profit after deducting non-recurring gains and losses increased by 40.55% to ¥10,259,225.24[4] - The weighted average return on net assets was 0.89%, a decrease of 0.03% compared to the previous year[4] - The company received government subsidies totaling ¥394,000.00 in Q3 2025, contributing to its non-recurring gains[5] - The company's inventory decreased slightly from CNY 113,817,604.31 to CNY 109,729,475.99, a reduction of about 3.6%[14] - The company's trading financial assets increased from CNY 141,041,882.44 to CNY 343,886,958.21, marking an increase of approximately 143.5%[14]

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,365,493,364.57, a decrease of 15.75% compared to the same period last year[3] - Net profit attributable to shareholders was ¥101,803,192.08, reflecting a significant increase of 2,905.15% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥103,548,231.23, up by 677.04% compared to the previous year[3] - Total operating revenue decreased to ¥3,942,265,178.09 from ¥4,269,514,199.62, representing a decline of approximately 7.66% year-over-year[18] - Net profit attributable to shareholders decreased to ¥313,347,692.85 from ¥363,457,641.67, reflecting a decline of approximately 13.8%[19] - Operating profit fell to ¥424,750,620.51 from ¥570,256,188.83, a decrease of around 25.5%[18] - The company reported a total comprehensive income of ¥286,125,521.73, down from ¥348,013,287.57, a decrease of approximately 17.8%[19] - Basic and diluted earnings per share decreased to ¥0.13 from ¥0.15, reflecting a decline of 13.33%[19] Assets and Liabilities - The total assets at the end of the reporting period reached ¥32,407,606,012.26, an increase of 10.53% from the end of the previous year[3] - The total assets as of September 30, 2025, amounted to CNY 32.41 billion, an increase from CNY 29.32 billion at the beginning of the period, reflecting a growth of approximately 10.5%[15] - Current assets reached CNY 7.08 billion, up from CNY 5.51 billion, indicating a growth of about 28.5%[14] - Total liabilities rose to CNY 21.26 billion, compared to CNY 18.39 billion, marking an increase of around 15.3%[16] - The company's short-term borrowings increased significantly to CNY 3.73 billion from CNY 2.83 billion, an increase of about 31.7%[16] - The company’s long-term borrowings also increased to CNY 6.32 billion from CNY 5.08 billion, reflecting a growth of around 24.6%[16] Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥496,852,268.31, down by 55.67% compared to the same period last year[3] - Cash flow from operating activities generated ¥496,852,268.31, down from ¥1,120,737,194.38, a decline of approximately 55.7%[21] - The company experienced a net cash outflow from investing activities of ¥1,064,566,296.52, compared to a net outflow of ¥1,786,282,543.06 in the previous period[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,317[10] - The top shareholder, Nantong Qianchuang Investment Co., Ltd., holds 16.86% of the shares, amounting to 421,522,183 shares[10] - The total number of shares repurchased as of September 30, 2025, was 112,750,413 shares, accounting for approximately 4.51% of the total share capital[12] Cash and Equivalents - The company's cash and cash equivalents increased by 80.86% to ¥2,612,085,261.03, primarily due to the collection of receivables and financing[7] - Cash and cash equivalents at the end of the period increased to ¥1,236,434,674.00 from ¥445,064,105.25, showing a significant increase[22] - The company's cash and cash equivalents increased to CNY 2.61 billion from CNY 1.44 billion, representing an increase of approximately 81.5%[14] Inventory and Expenses - The inventory balance rose to CNY 374.28 million from CNY 279.12 million, indicating an increase of approximately 34.1%[14] - Research and development expenses slightly decreased to ¥73,129,087.22 from ¥78,001,562.20, a reduction of about 6.3%[18] Contract Liabilities - Contract liabilities surged by 1,144.48% to ¥149,050,779.15, mainly due to increased project prepayments[8] Return on Assets - The weighted average return on net assets was 0.93%, a decrease of 0.90% year-on-year[3]

浙江亚厦装饰股份有限公司 2025 年第三季度报告 证券代码：00 2 3 7 5 证券简称：亚厦股份 公告编号：20 2 5 - 05 8 1 浙江亚厦装饰股份有限公司 2025 年第三季度报告 一、主要财务数据 重要内容提示： 浙江亚厦装饰股份有限公司 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。 2025 年第三季度报告 3.第三季度财务会计报告是否经过审计 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。 □是 否 | | | | 单位：元 | | --- | --- | --- | --- | | 项目 | 本报告期金额 | 年初至报告期期末金额 | 说明 | | 非流动性资产处置损益（包括已计提资产减值准备的冲销部分） | -2,091,007.34 | -3,765,955.16 | － | | 计入当期损益的政府补助（与公司正常经营业务密切相关、 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥275,838,055.41, a decrease of 7.35% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2025 was ¥112,933,659.51, reflecting a slight increase of 1.38% year-on-year[5]. - For the first nine months of 2025, the total operating revenue was ¥732,924,613.61, down 9.06% from the previous year[9]. - Total operating revenue for the period was ¥732,924,613.61, a decrease of 9.05% compared to ¥805,975,128.97 in the previous period[21]. - Net profit for the period was ¥216,129,854.31, slightly down from ¥219,345,674.84 in the previous period, reflecting a decrease of 1.00%[22]. - Total comprehensive income for the period was CNY 216,129,854.31, compared to CNY 219,345,674.84 in the previous period, reflecting a decrease of approximately 1%[23]. - Basic and diluted earnings per share were both CNY 0.4445, down from CNY 0.4629 in the previous period, indicating a decline of about 5.3%[23]. Cash Flow and Assets - The net cash flow from operating activities for the first nine months was ¥330,708,011.52, a decrease of 6.74% compared to the same period last year[5]. - Cash inflow from operating activities totaled CNY 798,093,355.39, a decrease of approximately 9.4% from CNY 880,889,732.64 in the prior period[23]. - Net cash flow from operating activities was CNY 330,708,011.52, down from CNY 354,594,434.12, representing a decline of about 6.7%[23]. - Cash outflow from investment activities was CNY 44,380,691.40, significantly lower than CNY 115,654,333.79 in the previous period, indicating a reduction of approximately 61.6%[24]. - Net cash flow from investment activities was negative CNY 13,766,850.31, an improvement from negative CNY 109,263,155.84 in the prior period[24]. - The cash and cash equivalents net increase for the first nine months was ¥174,625,980.90, a rise of 42.91% compared to the previous year[9]. - The ending balance of cash and cash equivalents was CNY 1,655,450,059.62, compared to CNY 1,502,536,494.07 in the previous period, indicating a growth of about 10.2%[24]. - The company's cash and cash equivalents rose to ¥1,687,490,821.61 from ¥1,512,310,989.03, an increase of 11.59%[18]. Assets and Liabilities - The total assets at the end of Q3 2025 were ¥3,390,936,650.48, representing a 3.84% increase from the end of the previous year[5]. - Current assets totaled ¥1,810,107,523.12, up 12.29% from ¥1,612,019,021.42 at the beginning of the period[19]. - Non-current assets decreased to ¥1,580,829,127.36 from ¥1,653,563,974.50, a decline of 4.41%[19]. - Total liabilities increased to ¥875,524,953.16 from ¥834,572,877.41, marking a rise of 4.14%[20]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 42,324[11]. - Sichuan Emei Mountain Leshan Giant Buddha Tourism Group Co., Ltd. holds 32.59% of shares, totaling 171,721,744 shares[11]. - The company has a total of 171,721,744 unrestricted shares held by the top shareholders[11]. - The company has no related party relationships among the top shareholders, and they do not constitute concerted actors under the regulations[12]. - The company has not reported any changes in the participation of the top 10 shareholders in margin financing and securities lending[12]. Financial Assistance and Loans - The company provided financial assistance of RMB 40 million to Yunnan Tianyou Technology Development Co., Ltd., with a repayment of RMB 10.44 million as of the reporting period[13]. - The company has approved financial assistance of up to RMB 50 million to Emei Mountain Cloud Tourism Investment Co., Ltd., with a repayment period not exceeding 6 years[14]. - As of the reporting period, Emei Mountain Cloud Tourism Investment Co., Ltd. has drawn RMB 53.62 million from a loan of RMB 560 million, with a remaining balance of RMB 492.96 million[15]. - The company has a total of 3,204.08 million yuan in ETC deposits and pre-litigation property preservation funds[16]. Visitor Statistics - The number of visitors to the Emei Mountain scenic area reached 5.1761 million in the first nine months of 2025, an increase of 5.44% year-on-year[9]. Financial Reporting - The third quarter financial report was not audited, which may impact the reliability of the reported figures[25].

Revenue and Profitability - Revenue for Q3 2025 reached ¥87,518,775.71, an increase of 22.67% year-over-year[5] - Net profit attributable to shareholders was ¥1,018,186.94, a decrease of 93.55% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was -¥27,707,675.08, a decline of 170.22% year-over-year[5] - Total operating revenue for the current period reached ¥226,808,163.12, a slight increase from ¥225,617,843.38 in the previous period, representing a growth of approximately 0.53%[18] - Operating profit for the current period was reported at -¥17,146,673.26, a significant decline compared to the previous period's profit of ¥82,281,071.77[19] - Net profit for the current period was -¥12,446,113.95, contrasting sharply with a net profit of ¥62,363,772.16 in the previous period[19] - Earnings per share (EPS) for the current period was reported at ¥0.0616, down from ¥0.35 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,101,157,077.56, down 7.46% from the end of the previous year[5] - Total liabilities decreased to ¥373,704,203.24 from ¥574,401,155.88, indicating a reduction of approximately 34.93%[17] - Total equity decreased to ¥5,727,452,874.32 from ¥6,018,677,440.02, reflecting a decline of about 4.83%[17] - Current assets total 4,746,410,239.25 yuan, up from 2,397,670,406.85 yuan at the beginning of the period[16] Cash Flow - Cash flow from operating activities showed a net outflow of -¥88,401,783.99, an increase of 28.28% in outflow compared to the previous year[5] - Cash flow from operating activities was ¥411,843,926.61, compared to ¥600,541,902.81 in the previous period, indicating a decrease of approximately 31.4%[22] - The net cash flow from operating activities was -$123,266,443.84, indicating a decrease in cash generated from operations[23] - Total cash inflow from investment activities was $423,910,028.25, while cash outflow was $568,653,644.73, resulting in a net cash flow of -$144,743,616.48[23] - Cash flow from financing activities resulted in a net outflow of -$250,643,991.12, primarily due to debt repayments and dividend distributions[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,154[12] - The largest shareholder, Chen Lili, holds 27.06% of shares, totaling 62,918,895 shares[12] - The company has a total of 13,034,741 shares in the repurchase account, representing 5.61% of total share capital[13] - The largest ten shareholders do not have any changes in their shareholding due to margin trading[14] - The company has no preferred shareholders or related party transactions reported[14] Expenses - Total operating costs increased to ¥333,278,935.45 from ¥319,893,245.81, marking an increase of about 4.29%[18] - Research and development expenses for the current period were ¥68,672,541.07, down from ¥86,244,236.06, a reduction of about 20.38%[19] - The company reported a significant increase in tax expenses, with current period tax expenses at ¥7,168,116.39 compared to ¥15,710,870.64 in the previous period[19] - Cash paid to employees totaled $183,781,155.10, reflecting the company's payroll expenses[23] - Cash paid for taxes amounted to $8,057,329.16, indicating the company's tax obligations[23] Other Income and Government Subsidies - The company reported a significant increase in other income, reaching ¥16,755,557.44, up 4850% year-over-year, primarily due to interest from overdue receivables[10] - The company received government subsidies totaling ¥2,765,610.95 during the reporting period, down from ¥27,214,812.67 year-to-date[7] Inventory and Receivables - Accounts receivable decreased to 652,510,238.66 yuan from 764,441,414.34 yuan[16] - Inventory increased to 101,353,434.32 yuan from 82,298,479.51 yuan[16] Cash and Cash Equivalents - The company's cash and cash equivalents decreased by 63% to ¥183,864,439.57, mainly due to investments in financial products[10] - The ending balance of cash and cash equivalents was $183,864,439.57, down from $378,206,563.50 at the beginning of the period[24] Audit and Reporting - The company did not undergo an audit for the third-quarter report[24]

证券代码：002705 证券简称：新宝股份 公告编号：2025-057 广东新宝电器股份有限公司 2025 年第三季度报告 广东新宝电器股份有限公司（以下简称"新宝股份"、"公司"或"本公司" ）及董事会 全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或者重大遗 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。 广东新宝电器股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 4,481,229,644.94 | -9.78% | 12,283,585,087.44 | -3.20% | | 归属于上市公司股东的 | 298,154,039.67 | -13.05% | 840,92 ...

Financial Performance - Q3 2025 revenue reached ¥598,798,362.55, an increase of 1.57% year-over-year[5] - Net profit attributable to shareholders was ¥7,490,219.67, up 68.68% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥7,324,558.60, a significant increase of 232.46% year-over-year[5] - Basic and diluted earnings per share were both ¥0.0076, reflecting a growth of 68.91%[5] - Total operating revenue for the current period reached ¥1,764,433,733.15, an increase from ¥1,732,936,074.16 in the previous period, reflecting a growth of approximately 1.8%[17] - Operating profit improved to ¥19,355,352.51 compared to a loss of ¥33,991,973.47 in the previous period, indicating a significant turnaround[18] - Net profit for the current period was ¥19,532,591.41, recovering from a net loss of ¥34,751,220.09 in the previous period[18] - The total comprehensive income for the period was CNY 19,532,591.41, compared to a loss of CNY 34,751,220.09 in the previous period[19] - Basic and diluted earnings per share were CNY 0.0197, an improvement from a loss of CNY 0.0353 in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,465,710,324.28, a decrease of 0.98% from the end of the previous year[5] - The company's total assets amounted to ¥2,465,710,324.28, slightly down from ¥2,490,199,984.74[16] - Current liabilities totaled ¥848,278,326.56, a decrease from ¥890,357,181.87, showing a reduction of approximately 4.7%[16] - The company's total liabilities decreased to ¥1,517,432,439.65 from ¥1,561,454,691.52, reflecting a decline of about 2.8%[16] - The equity attributable to shareholders of the parent company increased to ¥948,022,931.60 from ¥928,626,414.47, marking an increase of approximately 2.1%[16] Cash Flow - Cash flow from operating activities showed a net outflow of ¥60,954,768.68, indicating a decline in cash inflow[9] - Cash inflow from operating activities totaled CNY 1,683,572,364.13, slightly up from CNY 1,679,924,410.30 in the previous period[22] - The net cash flow from operating activities was a loss of CNY 60,954,768.68, worsening from a loss of CNY 46,454,160.25 in the previous period[22] - Cash flow from investing activities resulted in a net outflow of CNY 22,874,119.71, compared to a net outflow of CNY 29,401,092.50 in the previous period[22] - Cash flow from financing activities generated a net inflow of CNY 131,834,980.16, an increase from CNY 95,716,018.99 in the previous period[22] - The ending balance of cash and cash equivalents was CNY 288,356,968.05, up from CNY 255,995,179.07 in the previous period[22] - The total cash and cash equivalents at the end of the reporting period is 383,950,695.99 RMB, an increase from 351,916,669.43 RMB at the beginning of the period[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 61,390[11] - The largest shareholder, Shanghai Shengbang Private Fund Management Co., holds 25.00% of shares, totaling 246,358,194 shares[11] - Huzhou Youfu Holdings Co., Ltd. holds 12.35% of shares, totaling 121,717,682 shares, with 121,715,000 shares pledged[11] - Shanghai Yaokuo Enterprise Management Center holds 7.61% of shares, totaling 75,030,285 shares, all of which are frozen[11] - Zhejiang Youfu High-tech Fiber Co., Ltd. has 6.12% of shares, totaling 60,312,778 shares, from a bankruptcy asset disposal account[12] - Hong Kong Jiayuan Limited holds 3.88% of shares, totaling 38,267,570 shares, with 30,613,000 shares pledged[12] - The company has not reported any significant changes in the top 10 shareholders' participation in margin trading[12] - The company has not issued any preferred shares or reported on preferred shareholders[13] Expenses and Costs - The company reported a significant increase in sales expenses by 43.91% to ¥15,703,047.13, attributed to adjustments in the sales personnel structure[9] - Total operating costs decreased to ¥1,745,649,929.27 from ¥1,768,313,731.71, representing a reduction of about 1.3%[17] - Research and development expenses rose to ¥75,063,021.96 from ¥72,334,022.22, indicating an increase of about 3.8%[18] - The company paid CNY 143,026,012.93 to employees, an increase from CNY 139,196,869.41 in the previous period[22] Credit and Impairment - The company reported a credit impairment loss of ¥518,974.29, a significant improvement compared to a loss of ¥4,334,235.62 in the previous period[18] Strategic Developments - There are no significant new strategies or product developments mentioned in the conference call[12]

Revenue and Profitability - Revenue for Q3 2025 was CNY 58,138,647.70, a decrease of 37.13% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 13,465,900.21, an increase of 101.51% year-on-year[5] - Basic earnings per share increased by 140.00% to CNY 0.12[5] - Total operating revenue decreased to ¥249,213,045.06 from ¥306,730,589.39, representing a decline of approximately 18.7% year-over-year[17] - Net profit increased to ¥31,083,820.26 from ¥15,412,273.75, marking a growth of approximately 101.1% year-over-year[18] - Earnings per share rose to ¥0.25 from ¥0.14, reflecting an increase of 78.6% year-over-year[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,398,032,972.22, up 0.65% from the end of the previous year[5] - Total current assets increased from ¥1,941,633,774.57 to ¥1,981,485,230.80, an increase of about 2.0%[14] - Total assets increased from ¥2,382,645,824.81 to ¥2,398,032,972.22, reflecting a growth of approximately 0.6%[15] - Total current liabilities decreased from ¥415,511,543.62 to ¥408,095,444.10, a reduction of about 1.0%[15] - Total liabilities decreased to ¥867,839,591.90 from ¥882,780,695.57, a reduction of about 1.7%[16] - Total equity attributable to shareholders increased to ¥1,530,193,380.32 from ¥1,501,668,673.80, an increase of approximately 1.9%[16] Cash Flow - Operating cash flow for the year-to-date was CNY -11,869,463.92, an improvement of 89.12% compared to the same period last year[5] - The net cash increase from operating activities improved by 89.12% compared to the previous year, reflecting increased cash receipts from sales[10] - Cash flow from operating activities showed a net outflow of ¥11,869,463.92, an improvement compared to the previous year's outflow of ¥109,124,433.31[20] - Cash inflow from investment activities significantly increased to ¥3,565,934,000.00 from ¥1,458,985,000.00, a growth of approximately 144.5% year-over-year[20] - Cash flow from financing activities resulted in a net outflow of approximately -$12.24 million, compared to -$14.62 million in the prior period, indicating a reduction in outflow[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,527[12] - The largest shareholder, Chang'an Huitong Group Co., Ltd., holds 20.58% of shares, totaling 24,153,300 shares[12] - The company has a total of 0 preferred shareholders at the end of the reporting period[13] - The number of shares held by the top 10 shareholders includes significant pledges, with Dai Yue pledging 2,600,000 shares[12] - The company reported a total of 0 shares involved in the margin trading business among the top shareholders[13] Expenses and Costs - Sales expenses rose by 74.51% to CNY 6,301,670.83, primarily due to increased personnel costs and maintenance expenses[10] - Total operating costs decreased to ¥218,775,354.62 from ¥287,068,914.11, a reduction of about 23.8% year-over-year[17] - Research and development expenses decreased to ¥15,731,993.56 from ¥18,575,030.29, a decline of about 15.5% year-over-year[17] Other Financial Metrics - The company experienced a 92.10% increase in fair value gains from financial assets, totaling CNY 17,597,484.89[10] - The company's cash and cash equivalents decreased from ¥694,283,154.83 to ¥343,404,360.20, a decline of approximately 50.5%[14] - The net cash increase in cash and cash equivalents was CNY -350,447,880.22, a 44.59% improvement from the previous year[10] - Deferred income tax liabilities rose to ¥11,895,577.23 from ¥10,499,529.23, an increase of about 13.3%[16] Reporting and Standards - The third quarter financial report was not audited[22] - The company will implement new accounting standards starting from 2025[22] - The report was issued by the Board of Directors of Beijing Xinxing Oriental Aviation Equipment Co., Ltd. on October 31, 2025[23]

Financial Performance - The company's operating revenue for Q3 2025 was ¥189,800,858.81, representing a year-on-year increase of 9.36%[3] - The total profit for the period reached ¥50,529,973.04, a significant increase of 1,979.78% compared to the same period last year[3] - Net profit attributable to shareholders was ¥38,265,834.51, reflecting a year-on-year increase of 1,931.90%[3] - The net profit after deducting non-recurring gains and losses was ¥17,142,895.13, up by 102.25% year-on-year[3] - The basic earnings per share for the period was ¥0.06, an increase of 1,900.00% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2025 was CNY 572.29 million, a decrease of 4.3% compared to CNY 598.30 million in the same period of 2024[19] - Net profit for the first three quarters of 2025 increased to CNY 60.91 million, representing a 71.1% increase from CNY 35.55 million in 2024[20] - Operating profit rose significantly to CNY 88.28 million, up 83.6% from CNY 48.11 million in the previous year[20] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.09, compared to CNY 0.05 in 2024[21] - Operating profit for the first three quarters of 2025 was ¥31,290,641.52, a significant recovery from a loss of ¥20,675,177.89 in the first three quarters of 2024[30] - Net profit for the first three quarters of 2025 amounted to ¥25,895,270.56, compared to a net loss of ¥12,791,604.38 in the same period of 2024[31] Assets and Liabilities - Total assets at the end of the period were ¥2,778,032,429.93, a slight decrease of 0.06% from the end of the previous year[4] - The total assets amount to 2,778,032,429.93 RMB, while total liabilities are 1,187,942,002.51 RMB[17] - Total assets as of September 30, 2025, were ¥2,148,807,569.56, down from ¥2,230,460,163.64 at the end of 2024[28] - Total liabilities decreased to ¥761,794,874.84 from ¥816,530,090.76 at the end of 2024, indicating improved financial stability[28] - Current assets totaled ¥865,904,768.72, a decrease from ¥931,812,503.62 at the end of 2024[28] - The total non-current assets are 1,670,964,587.53 RMB, remaining relatively stable compared to the previous period[16] - The company's total equity as of September 30, 2025, was ¥1,387,012,694.72, slightly down from ¥1,413,930,072.88 at the end of 2024[29] Cash Flow - The company reported a net cash flow from operating activities of ¥49,549,639.72, which decreased by 49.02% year-to-date[3] - Cash flow from operating activities generated a net cash inflow of CNY 49.55 million, down 48.9% from CNY 97.19 million in the same period last year[25] - In the first three quarters of 2025, the company's net cash flow from operating activities was -19,972,555.88 RMB, a significant decline compared to 131,669,948.97 RMB in the same period of 2024[32] - Total cash inflow from operating activities decreased to 741,043,178.18 RMB, down from 871,090,215.82 RMB year-over-year[32] - Cash outflow from operating activities increased to 761,015,734.06 RMB, compared to 739,420,266.85 RMB in the previous year[32] - The net cash flow from investing activities was -116,755,910.46 RMB, a sharp decline from 32,804,469.52 RMB in the same period of 2024[33] - The net cash flow from financing activities was -69,323,812.04 RMB, compared to -152,737,021.31 RMB in the same period of 2024[33] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 58,417[11] - The largest shareholder, Zhang Guofang, holds 273,840,000 shares, representing 41.12% of the total shares[11] - The company has repurchased 5,714,400 shares, accounting for 0.86% of the total share capital[12] Inventory and Investments - Significant increases were noted in prepaid accounts (359.25%) and inventory (34.01%), primarily due to increased purchases of Moutai liquor[8] - The company experienced a 98.40% increase in trading financial assets, mainly due to the rise in the fair value of Aolaide stocks[8] - The company reported a significant increase in investment income of ¥13,491,029.03 for the first three quarters of 2025, compared to ¥9,393,575.57 in the same period of 2024[30] - The company's financial expenses improved, showing a net financial income of ¥3,212,018.60 in the first three quarters of 2025, compared to a loss of ¥6,708,405.16 in the same period of 2024[30] Cash and Cash Equivalents - The company’s cash and cash equivalents are reported at 596,988,619.59 RMB[15] - Cash and cash equivalents at the end of the period were CNY 596.99 million, a decrease from CNY 753.83 million at the end of the same period in 2024[26] - The ending cash and cash equivalents balance was 504,520,462.58 RMB, a decrease from 676,802,951.84 RMB in the previous year[33] Accounting Standards - The company did not apply new accounting standards for the current reporting period[34]

Financial Performance - The company's revenue for Q3 2025 reached CNY 917,076,860.20, representing a year-on-year increase of 15.08%[7] - The total profit for the period was CNY 81,343,466.98, an increase of 88.91% compared to the same period last year[7] - Net profit attributable to shareholders was CNY 80,444,229.49, reflecting a 104.08% increase year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 60,421,583.92, up 68.77% from the previous year[7] - Basic earnings per share for the period were CNY 0.41, a 95.24% increase year-on-year[8] - Total operating revenue for the first three quarters of 2025 reached ¥2,583,097,636.23, an increase of 15.7% compared to ¥2,231,451,496.15 in the same period of 2024[27] - Net profit for the first three quarters of 2025 was ¥226,267,082.93, compared to ¥194,568,839.16 in 2024, representing an increase of 16.3%[28] - Basic earnings per share (EPS) increased to 1.22 CNY from 1.04 CNY year-over-year[29] Assets and Liabilities - The company's total assets increased by 27.85% to CNY 7,039,569,688.14 compared to the end of the previous year[8] - Total assets as of the reporting date amounted to ¥7,039,569,688.14, compared to ¥5,506,042,401.17 in the previous year, indicating a growth of 27.8%[25] - Total liabilities increased to ¥4,295,739,307.09 from ¥2,971,744,405.87, marking a rise of 44.5%[24] - Current liabilities totaled ¥3,687,967,829.10, up from ¥2,416,361,436.85, reflecting an increase of 52.7%[24] - Non-current assets reached ¥3,799,465,567.26, significantly higher than ¥2,080,012,708.12 in the previous year, showing an increase of 82.6%[25] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 409,363,363.60, showing a 64.23% increase[8] - Cash inflow from operating activities for the first three quarters of 2025 was 2,697,378,351.11 CNY, up from 2,297,855,704.55 CNY in the same period of 2024, representing a growth of approximately 17.4%[29] - Net cash flow from operating activities increased to 409,363,363.60 CNY compared to 249,259,633.72 CNY in the previous year, marking a rise of about 64.3%[29] - Total cash inflow from investment activities was 680,093,041.00 CNY, significantly higher than 284,765.67 CNY in the prior year[30] - Net cash flow from investment activities was -856,817,580.24 CNY, worsening from -514,300,845.07 CNY year-over-year[30] - Cash inflow from financing activities totaled 4,685,293,314.18 CNY, compared to 2,727,479,665.09 CNY in the previous year, indicating an increase of approximately 71.8%[30] - Net cash flow from financing activities was -254,010,304.69 CNY, compared to -92,520,046.77 CNY in the same period last year[30] - The ending cash and cash equivalents balance decreased to 473,288,349.66 CNY from 935,734,708.66 CNY year-over-year[30] Shareholder Information - The company repurchased 848,200 shares, representing 0.44% of the total share capital, with a total expenditure of RMB 23,011,177.05[19] - The maximum repurchase price was set at RMB 41.44 per share, later adjusted to RMB 41.28 per share after the 2025 semi-annual equity distribution[18] - The company completed the repurchase and cancellation of 541,835 restricted shares, reducing total share capital from 194,596,610 shares to 194,054,775 shares[21] - The company plans to continue its share repurchase program within the next 12 months, with a budget between RMB 40 million and RMB 80 million[18] - The top shareholder, Zibo Yazhi Investment Co., Ltd., holds 61,159,799 shares, representing 31.52% of the total shares[16] - The second-largest shareholder, Inco Investment (Hong Kong) Limited, holds 17,297,329 shares, accounting for 8.91%[16] - The company has not engaged in any financing or securities lending activities involving its top shareholders[17] Research and Development - Research and development expenses totaled CNY 29,396,809.52, a decrease of 5.98% compared to the same period last year[8] - Research and development expenses were ¥92,094,358.67, slightly up from ¥89,918,965.81 in the previous year, reflecting a focus on innovation[27] Other Information - The company is expanding its production bases in Southeast Asia while exploring new business growth points[9] - The company did not apply new accounting standards starting from 2025[31]