Financial Performance - The company's operating revenue for Q3 2025 reached ¥872,177,513.55, representing a 10.50% increase year-over-year[6] - Net profit attributable to shareholders was ¥43,397,668.66, a significant increase of 101.94% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥36,014,549.16, up by 71.05% year-over-year[6] - The basic earnings per share for Q3 2025 was ¥0.0844, reflecting a 100.74% increase from the previous year[6] - Total operating revenue for the current period reached ¥2,296,679,000.84, an increase of 10.7% compared to ¥2,073,750,719.46 in the previous period[20] - Net profit for the current period was ¥124,717,742.51, a decrease of 2.5% from ¥127,930,624.29 in the previous period[21] - Earnings per share (EPS) for the current period was ¥0.2459, slightly down from ¥0.2490 in the previous period[22] - The company reported a total comprehensive income of ¥123,836,381.72, compared to ¥126,215,953.35 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,543,281,055.56, an increase of 1.54% from the end of the previous year[6] - Total assets amounted to ¥6,543,281,055.56, an increase from ¥6,443,803,845.67 at the beginning of the period[18] - Current assets totaled ¥4,707,315,825.41, compared to ¥4,652,910,318.57 at the beginning of the period, reflecting a growth in liquidity[17] - Total liabilities reached ¥3,430,302,890.35, up from ¥3,302,671,502.80, representing an increase of approximately 3.87%[18] - Non-current assets totaled ¥1,835,965,230.15, an increase from ¥1,790,893,527.10, indicating growth in long-term investments[18] Cash Flow - The cash flow from operating activities for the year-to-date was ¥130,639,470.02, showing a substantial increase of 119.48% compared to the same period last year[11] - Cash flow from operating activities generated a net amount of ¥130,639,470.02, recovering from a negative cash flow of ¥670,701,071.94 in the prior period[22] - The total cash and cash equivalents at the end of the period stood at 672,068,289.18, compared to 516,099,272.15 at the end of the previous period, showing an increase in liquidity[23] - The company’s net increase in cash and cash equivalents was -77,679,360.97, compared to -235,660,955.08 in the previous period, indicating improved cash management despite negative growth[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,718, with the largest shareholder holding 27.36% of the shares[13] - The company held 21,541,893 shares in the repurchase special account, accounting for approximately 4.05% of the total share capital of 532,008,275 shares as of the reporting period[15] - The company’s equity remained stable with a share capital of ¥532,008,275.00, slightly up from ¥532,004,997.00[18] Investment and Financing Activities - Long-term borrowings increased by 126.57% to ¥289,809,620.00 as the company adjusted its financing structure[10] - The company received government subsidies totaling ¥7,725,031.26 during the reporting period, which positively impacted its financial performance[8] - Cash inflow from financing activities totaled 1,153,161,756.00, down from 1,329,832,768.38, reflecting a decrease in financing received[23] - Cash outflow for debt repayment was 1,092,453,956.00, significantly higher than 633,450,831.38 in the prior period, showing increased debt servicing[23] - The net cash flow from financing activities was -78,375,725.05, contrasting with a positive flow of 497,458,567.19 previously, indicating a shift in financing strategy[23] Inventory and Receivables - The company reported a decrease in accounts receivable by 70.12%, amounting to ¥10,306,464.21, due to the maturity of commercial acceptance bills[10] - The company reported accounts receivable of ¥1,381,173,799.80, down from ¥1,499,280,119.15, reflecting a decrease of about 7.87%[17] - Inventory increased to ¥2,054,789,265.33 from ¥1,884,606,049.02, indicating a rise of approximately 9.01%[17] Research and Development - Research and development expenses increased to ¥101,760,705.13, up from ¥95,738,312.65 in the previous period, reflecting a focus on innovation[20] Other Financial Metrics - Other comprehensive income after tax was reported at -¥881,360.79, an improvement from -¥1,714,670.94 in the previous period[21] - Investment activities generated a net cash flow of -131,510,313.24, compared to -67,457,366.30 in the previous period, indicating a decline in investment performance[23] - Cash outflows for financing activities amounted to 1,231,537,481.05, compared to 832,374,201.19, indicating increased cash usage for financing[23] - The impact of exchange rate changes on cash and cash equivalents was 1,567,207.30, a decrease from 5,038,915.97, suggesting reduced foreign exchange gains[23] - The third quarter financial report was not audited, which may affect the reliability of the reported figures[24]

第三季度财务报表是否经审计 □是 √否 杭州奥泰生物技术股份有限公司 2025 年第三季度报告 证券代码：688606 证券简称：奥泰生物 杭州奥泰生物技术股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 203,226,543.55 | -8. ...

Financial Performance - The company's operating revenue for the third quarter reached ¥390,962,898.51, representing an increase of 18.26% compared to the same period last year[4]. - The total profit for the year-to-date period was ¥75,627,175.41, reflecting a significant increase of 57.85% year-on-year[4]. - The net profit attributable to shareholders for the third quarter was ¥34,706,837.15, which is a substantial increase of 5,640.96% compared to the same period last year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period was ¥53,527,025.87, up by 23.52% year-on-year[4]. - The basic earnings per share for the third quarter was ¥0.15, showing an increase of 5,669.23% compared to the same period last year[4]. - The net profit for the first three quarters of 2025 reached CNY 66,899,579.77, an increase of 30.5% compared to CNY 51,257,231.34 in the same period of 2024[20]. - Operating profit for the first three quarters of 2025 was CNY 75,546,048.53, up from CNY 47,007,704.93 in 2024, reflecting a growth of 60.7%[20]. - The company reported a total comprehensive income of CNY 71,480,232.49 for the first three quarters of 2025, compared to CNY 51,059,463.02 in 2024, indicating a growth of 40%[21]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.28, up from CNY 0.22 in the same period of 2024, reflecting a 27.3% increase[22]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,202,795,290.13, which is a 1.37% increase from the end of the previous year[5]. - The equity attributable to shareholders at the end of the reporting period was ¥2,693,506,581.28, reflecting a growth of 1.82% compared to the end of the previous year[5]. - Total current assets increased to RMB 2,146,292,221.84 from RMB 2,068,101,411.69 at the end of 2024[14]. - Total non-current assets decreased to RMB 1,056,503,068.29 from RMB 1,091,501,074.55 at the end of 2024[15]. - Total liabilities decreased slightly to RMB 509,288,708.85 from RMB 514,114,339.55 at the end of 2024[15]. - The total equity of the company as of September 30, 2025, was CNY 2,647,146,901.51, compared to CNY 2,601,173,583.95 at the end of 2024, an increase of 1.8%[27]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥132,388,451.73, which is a significant increase of 146.46% year-on-year[4]. - Cash inflow from operating activities for the first three quarters of 2025 was CNY 540,853,143.72, compared to CNY 633,130,586.79 in 2024, representing a decrease of approximately 14.6%[33]. - Net cash flow from operating activities decreased significantly to CNY 96,102,850.71 in 2025 from CNY 36,719,059.66 in 2024, indicating a decline in operational efficiency[33]. - Cash inflow from investment activities in 2025 was CNY 2,254,117,542.09, a substantial increase from CNY 1,087,282,224.24 in 2024, reflecting a growth of approximately 107.5%[33]. - The company reported a significant increase in cash received from investment recoveries, totaling CNY 2,242,000,000.00 in 2025 compared to CNY 1,070,000,000.00 in 2024, marking a growth of approximately 109.5%[33]. - The ending cash and cash equivalents balance for 2025 was CNY 320,011,948.83, down from CNY 634,148,975.79 in 2024, reflecting a decrease of approximately 49.6%[34]. Cost Management - The company plans to continue expanding its market presence and controlling costs to sustain profit growth[8]. - Total operating costs for the first three quarters of 2025 were RMB 965,943,507.31, slightly down from RMB 969,053,275.38 in the previous year[19]. - Operating costs included RMB 809,369,358.70 in operating expenses, up from RMB 776,221,413.59 in the same period last year[19]. - The company’s management expenses decreased to CNY 76,323,388.50 from CNY 91,853,587.22, a reduction of 17%[20]. - Research and development expenses were CNY 40,954,588.82, down from CNY 66,459,217.80, representing a decrease of 38.5%[20]. - Research and development expenses for the first three quarters of 2025 were CNY 32,548,727.17, down 39.5% from CNY 53,871,205.29 in 2024[29]. Financial Reporting - The company did not apply new accounting standards for the first time in 2025, maintaining consistency in financial reporting[35].

Financial Performance - Q3 2025 revenue decreased by 5.47% year-over-year to CNY 481,472,874.76, and year-to-date revenue decreased by 9.84% to CNY 1,504,919,616.64[4] - Total profit for the quarter was a loss of CNY 30,594,575.58, with a year-to-date loss of CNY 41,881,997.34[4] - Net profit attributable to shareholders was a loss of CNY 29,073,859.79 for the quarter, and a loss of CNY 52,046,575.82 year-to-date[4] - The company reported a significant decline in net profit due to a decrease in revenue during the reporting period[8] - The net profit for the first three quarters of 2025 was a loss of CNY 54,626,346.70, compared to a loss of CNY 15,913,645.21 in the same period of 2024, indicating a significant increase in losses[18] - The total comprehensive loss for the period was -¥54,635,650.54, compared to -¥15,938,471.37 in the previous year, indicating a worsening financial performance[22] Earnings Per Share - Basic and diluted earnings per share for the quarter were both CNY -0.05, with year-to-date figures also at CNY -0.09[5] - Basic and diluted earnings per share for the current period were both -¥0.09, compared to -¥0.02 in the same period last year[22] Assets and Liabilities - Total assets decreased by 7.22% from the previous year to CNY 3,672,159,562.66[5] - Shareholders' equity attributable to the parent company decreased by 7.24% to CNY 2,611,079,512.16[5] - The total assets of the company as of September 30, 2025, were CNY 3,672,159,562.66, a decrease from CNY 3,957,893,690.14 at the end of 2024, reflecting a reduction of 7.21%[15] - The total liabilities decreased to CNY 898,627,490.54 as of September 30, 2025, compared to CNY 976,259,253.24 at the end of 2024, a decline of 8.00%[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 97,158,440.49[5] - In the first three quarters of 2025, the company reported a net cash flow from operating activities of ¥97,158,440.49, a significant improvement compared to a net outflow of -¥36,868,985.37 in the same period of 2024[22] - The total cash inflow from investment activities for the first three quarters of 2025 was ¥556,205,345.39, compared to ¥242,964,687.34 in 2024, resulting in a net cash flow from investment activities of ¥85,504,427.19, up from -¥205,527,149.66[22][23] - The company experienced a net cash outflow from financing activities of -¥130,946,852.71 in 2025, an improvement from -¥374,360,445.71 in 2024[23] - The company’s total cash outflow from operating activities was ¥1,672,458,715.61, compared to ¥1,943,526,872.39 in the previous year[22] - Cash and cash equivalents at the end of the period increased to ¥1,092,043,917.20 from ¥1,049,005,280.31 in the previous year[23] - The company's cash and cash equivalents increased to CNY 1,141,210,198.83 as of September 30, 2025, up from CNY 1,047,895,384.87 at the end of 2024, representing an increase of 8.87%[13] Operating Costs and Expenses - Total operating revenue for the first three quarters of 2025 was CNY 1,504,919,616.64, a decrease of 9.83% compared to CNY 1,669,198,833.50 in the same period of 2024[17] - Total operating costs for the first three quarters of 2025 were CNY 1,543,126,066.23, down from CNY 1,665,803,761.02 in 2024, reflecting a reduction of 7.34%[17] - Research and development expenses for the first three quarters of 2025 were CNY 19,444,772.52, down from CNY 23,497,457.59 in the same period of 2024, a decrease of 17.66%[18] - The company reported a significant increase in financial expenses, with interest expenses of CNY 3,835,900.68 for the first three quarters of 2025, compared to CNY 6,528,025.79 in 2024[18] - The company paid ¥291,089,446.66 in employee compensation during the first three quarters of 2025, slightly down from ¥298,529,727.41 in the same period of 2024[22] Inventory - Inventory decreased to CNY 458,777,767.35 as of September 30, 2025, down from CNY 519,883,948.58 at the end of 2024, a decline of 11.75%[13] Shareholder Information - The top shareholder, Hongqingtian Group Co., Ltd., holds 43.64% of the shares, totaling 251,472,200 shares[10]

Financial Performance - The company's operating revenue for Q3 2025 was ¥89,873,425.44, representing a decrease of 62.00% compared to the same period last year[4] - The total profit for the period was ¥55,265,702.84, down 8.82% year-on-year[4] - The net profit attributable to shareholders was ¥46,181,910.65, reflecting a decline of 12.25% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥25,387,600.55, a decrease of 35.35% year-on-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 475,093,111.92, a decrease of 31.9% compared to CNY 698,300,814.93 in the same period of 2024[21] - Net profit for the first three quarters of 2025 was CNY 142,535,391.72, a decline of 4.6% from CNY 148,809,303.94 in the same period of 2024[22] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 1.0441, compared to CNY 1.0682 in the previous year[23] Cash Flow - The cash flow from operating activities for the year-to-date was ¥298,796,083.69, an increase of 90.82% compared to the previous year[4] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 666,725,135.54, slightly up from CNY 661,892,311.84 in the same period of 2024[24] - Net cash flow from operating activities was $298.8 million, an increase from $156.6 million in the previous period, reflecting a strong operational performance[25] - Cash inflow from financing activities was $118.5 million, compared to $105.2 million previously, showing an increase in financing efforts[25] - Cash outflow for financing activities decreased to $129.7 million from $149.5 million, resulting in a net cash flow from financing activities of -$11.3 million[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,204,433,307.60, a slight increase of 0.03% from the end of the previous year[5] - As of September 30, 2025, the company's total current assets amounted to RMB 3,178,457,453.06, a decrease from RMB 3,257,272,662.97 as of December 31, 2024, representing a decline of approximately 2.43%[17] - The company's cash and cash equivalents decreased to RMB 487,178,680.54 from RMB 831,704,385.40, reflecting a significant drop of about 41.3%[17] - Total liabilities decreased to CNY 320,872,938.30 from CNY 428,187,650.84 in the previous period[19] - Total equity increased to CNY 3,883,560,369.30 from CNY 3,775,194,025.28 in the previous period[19] Investment Activities - Total cash inflow from investment activities was $1.71 billion, down from $2.39 billion, indicating a decrease in investment recovery[25] - Cash outflow for investment activities totaled $2.59 billion, slightly lower than $2.73 billion in the previous period, leading to a net cash flow from investment activities of -$883.3 million[25] Research and Development - Research and development expenses totaled ¥11,141,928.46 for the quarter, accounting for 12.40% of operating revenue, an increase of 5.98 percentage points[5] Stock and Shareholder Information - The company plans to grant 130,191.6 thousand restricted stocks at a price of RMB 14.76 per share as part of its 2025 incentive plan[13] - The company approved the adjustment of the grant price for the 2025 restricted stock incentive plan from RMB 14.76 to RMB 14.42 per share[15] - The repurchase account holds 1,301,916 shares, accounting for 0.93% of the total share capital[13] - The company has not reported any changes in the participation of major shareholders in the securities lending business[13] Market Conditions - The company experienced a significant decline in revenue due to intensified market competition, with both prices and sales volume decreasing compared to the previous year[9] Non-Recurring Gains - Non-recurring gains for the period amounted to ¥20,794,310.10, with a total of ¥37,543,777.85 year-to-date[8] Other Financial Metrics - The return on equity (ROE) was 1.20%, a decrease of 0.23 percentage points year-on-year[5] - Cash paid for purchasing goods and services in the first three quarters of 2025 was CNY 172,290,399.06, a decrease from CNY 269,385,498.36 in the previous year[24] - The company did not implement new accounting standards for the current reporting period[26]

Financial Performance - The company's operating revenue for Q3 2025 was ¥236,812,002.18, a decrease of 58.03% compared to the same period last year[2]. - The total profit for the period was -¥72,708,714.90, with a year-to-date total profit of -¥195,817,912.62, both figures not applicable for year-over-year comparison[2]. - The net profit attributable to shareholders was -¥74,582,402.95 for the quarter, and -¥207,742,367.49 year-to-date, with no applicable year-over-year comparison[2]. - Total operating revenue for the first three quarters of 2025 was CNY 869,944,128.89, a decrease from CNY 2,052,825,094.42 in the same period of 2024[19]. - Total operating costs for the first three quarters of 2025 amounted to CNY 1,060,234,147.63, down from CNY 2,257,998,894.92 year-over-year[20]. - The net loss for the first three quarters of 2025 was CNY 207,742,367.49, compared to a net loss of CNY 248,584,184.33 in the same period of 2024[21]. - The company reported a gross profit margin of approximately -21.5% for the first three quarters of 2025, compared to -13.6% in the same period of 2024[20]. - Basic earnings per share for the first three quarters of 2025 were CNY -2.51, compared to CNY -3.00 in the same period of 2024[21]. Cash Flow - The company reported a cash flow from operating activities of ¥274,976,796.35 year-to-date, representing a 144.69% increase compared to the previous year[2]. - In the first three quarters of 2025, the net cash flow from operating activities was CNY 274,976,796.35, a significant increase from CNY 112,379,650.93 in the same period of 2024, representing a growth of approximately 144.5%[23]. - Total cash inflow from operating activities decreased to CNY 1,201,105,863.46 in 2025 from CNY 2,072,044,916.81 in 2024, reflecting a decline of about 42%[23]. - Cash outflow from operating activities also decreased to CNY 926,129,067.11 in 2025 from CNY 1,959,665,265.88 in 2024, a reduction of approximately 53.3%[23]. - The net cash flow from investing activities was negative at CNY -115,489,182.79 in 2025, compared to a positive CNY 12,002,726.93 in 2024, indicating a decline in investment performance[24]. - Cash inflow from investing activities increased to CNY 844,081,503.75 in 2025 from CNY 468,248,509.12 in 2024, marking an increase of about 80.4%[24]. - Cash outflow from investing activities rose to CNY 959,570,686.54 in 2025, up from CNY 456,245,782.19 in 2024, which is an increase of approximately 110.7%[24]. - The net cash flow from financing activities improved to CNY -8,728,020.49 in 2025 from CNY -319,514,164.25 in 2024, showing a positive trend in financing[24]. - Cash inflow from financing activities decreased to CNY 409,113,367.52 in 2025 from CNY 1,041,655,089.72 in 2024, a decline of about 60.7%[24]. - The ending cash and cash equivalents balance increased to CNY 501,380,438.40 in 2025 from CNY 246,816,660.94 in 2024, reflecting a growth of approximately 102.5%[24]. Assets and Liabilities - Total assets decreased by 10.26% from the previous year, amounting to ¥2,893,930,082.15[3]. - As of September 30, 2025, the company's total current assets amounted to ¥1,731,219,293.89, a decrease from ¥2,045,665,438.94 as of December 31, 2024, representing a decline of approximately 15.3%[14]. - The company's cash and cash equivalents increased to ¥502,780,793.54 from ¥351,891,310.33, reflecting a growth of about 42.8%[14]. - Accounts receivable decreased to ¥524,647,742.96 from ¥786,060,758.61, indicating a reduction of approximately 33.3%[14]. - The total assets of the company were reported at ¥2,893,930,082.15, down from ¥3,224,646,284.11, which is a decrease of around 10.3%[15]. - The company's fixed assets increased to ¥691,029,130.93 from ¥621,550,210.19, showing an increase of about 11.2%[15]. - Short-term borrowings rose to ¥427,968,781.70 from ¥321,339,254.93, marking an increase of approximately 33.2%[15]. - The total liabilities decreased to ¥693,411,922.06 from ¥867,930,767.64, reflecting a decline of about 20.1%[15]. - The company's total liabilities decreased to CNY 1,478,987,492.47 from CNY 1,617,611,278.56 year-over-year[16]. - The total equity attributable to shareholders decreased to CNY 1,414,942,589.68 from CNY 1,607,035,005.55 year-over-year[16]. - The total non-current liabilities increased to CNY 785,575,570.41 from CNY 749,680,510.92 year-over-year[16]. Research and Development - Research and development expenses totaled ¥21,644,496.96 for the quarter, a decrease of 17.94% year-over-year, and accounted for 9.14% of operating revenue[3]. - Research and development expenses for the first three quarters of 2025 were CNY 57,864,409.81, down from CNY 90,010,524.87 in the same period of 2024[20]. Shareholder Information - The company reported a total of 8,122 common shareholders at the end of the reporting period[10]. - The top shareholder, Li Min, holds 20,020,120 shares, representing 23.83% of the total shares[11]. - The company has not reported any significant changes in the participation of major shareholders in securities lending or borrowing activities[12]. Management and Strategy - The company implemented a cautious sales policy due to a significant drop in the price of key raw materials, leading to a decrease in sales volume of its photovoltaic film products[7]. - The company experienced a reduction in losses due to improved management of raw materials and inventory, resulting in a decrease in impairment provisions[7]. - The company continues to invest in new business areas, which has negatively impacted short-term profitability[7]. Accounting Practices - The company has not adopted new accounting standards for the year 2025, indicating continuity in financial reporting practices[25].

Financial Performance - The company's operating revenue for the third quarter was ¥617,907,764.96, representing a year-on-year increase of 4.43%[4] - The total profit for the quarter was ¥41,000,623.23, showing a decrease of 3.46% compared to the same period last year[4] - The net profit attributable to shareholders was ¥15,587,964.62, which is an increase of 26.68% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,888,326.42, reflecting a significant increase of 94.17%[4] - Total operating revenue for the first three quarters of 2025 was CNY 1,807,280,638.20, a decrease of 3.67% compared to CNY 1,876,122,232.73 in the same period of 2024[20] - The company reported a net profit of -CNY 4,647,808.88 for the first three quarters of 2025, a significant decline from a net profit of CNY 111,391,120.81 in the same period of 2024[21] - The operating profit for the first three quarters of 2025 was CNY 88,724,893.34, down from CNY 161,746,368.38 in 2024, reflecting operational challenges[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,395,457,030.83, an increase of 4.17% from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to RMB 4,395,457,030.83, an increase from RMB 4,219,515,694.00 at the end of 2024[16] - Current assets totaled RMB 1,254,105,538.25, up from RMB 1,143,070,562.94 in the previous year, reflecting a growth of approximately 9.73%[16] - Total non-current assets reached RMB 3,141,351,492.58, compared to RMB 3,076,445,131.06, showing a growth of about 2.1%[17] - The total liabilities increased to CNY 2,560,605,792.13 in 2025 from CNY 2,378,198,372.40 in 2024, indicating a rise in financial obligations[18] - Total current liabilities were RMB 1,590,496,693.17, down from RMB 1,734,981,532.20, indicating a decrease of about 8.3%[17] Shareholder Information - The equity attributable to shareholders decreased by 4.54% to ¥1,420,395,569.16 compared to the end of the previous year[5] - The total equity attributable to shareholders decreased to CNY 1,420,395,569.16 in 2025 from CNY 1,487,920,579.80 in 2024, reflecting a decline in shareholder value[18] - Basic earnings per share for the first three quarters of 2025 were -CNY 0.10, compared to CNY 0.14 in 2024, indicating a negative return for shareholders[22] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥56,796,166.25, down 64.72% compared to the previous year[4] - In the first three quarters of 2025, the net cash flow from operating activities was ¥56,796,166.25, a decrease of 64.7% compared to ¥160,995,237.75 in the same period of 2024[24] - Total cash inflow from operating activities was ¥1,770,888,885.60, down 9.5% from ¥1,956,487,566.97 year-on-year[24] - The net cash flow from investing activities was ¥116,018,844.50, a significant improvement from a negative cash flow of -¥58,303,404.01 in the same period last year[25] - Cash inflow from financing activities totaled ¥2,210,874,258.44, an increase of 80.9% compared to ¥1,223,250,000.00 in 2024[25] Operational Challenges and Strategies - The company experienced a significant decline in net profit for the year-to-date period, down 171.15% to -¥45,469,004.88, primarily due to reduced gas operation revenue and provisions for goodwill impairment[10] - The company reported a total of CNY 52,350,919.29 in non-operating expenses in 2025, compared to CNY 1,530,594.02 in 2024, indicating increased financial strain[21] - Research and development expenses increased to CNY 16,173,963.67 in 2025 from CNY 11,497,667.57 in 2024, highlighting a focus on innovation[20] - The company is actively involved in market expansion and new product development, although specific details were not disclosed in the provided content[15] Shareholder Structure - The company has a major shareholder, Water Development Group Co., Ltd., holding 24.35% of shares, with a pledged amount of 98,113,184 shares[12] Accounting Standards - The company did not apply new accounting standards for the first time in 2025[26]

Financial Performance - The company's revenue for the third quarter reached ¥2,927,682,940.03, representing a year-on-year increase of 14.32%[4] - Net profit attributable to shareholders was ¥252,058,339.10, a significant increase of 130.65% compared to the same period last year[4] - The basic earnings per share rose to ¥0.2201, reflecting a growth of 130.71% year-on-year[4] - Total operating revenue for the current period reached ¥9,638,970,204.82, a 30.1% increase from ¥7,404,741,793.19 in the previous period[26] - Net profit for the current period was ¥777,286,486.77, up 85.0% from ¥420,157,543.11 in the previous period[27] - Basic and diluted earnings per share increased to ¥0.6617 from ¥0.3416, representing a 93.8% growth[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥12,703,393,090.80, an increase of 5.97% from the end of the previous year[4] - Total assets rose to ¥12,703,393,090.80, compared to ¥11,987,782,082.65 in the previous period, marking a 6.0% increase[24] - Total liabilities increased to ¥6,773,032,135.13 from ¥6,569,874,210.92, reflecting a 3.1% rise[24] - The total equity attributable to shareholders of the parent company increased to ¥5,482,996,284.85 from ¥4,989,644,246.74, a growth of 9.9%[24] - The company’s total liabilities and equity amounted to ¥12,703,393,090.80, up from ¥11,987,782,082.65, reflecting a 6.0% increase[24] Cash Flow - The company reported a cash flow from operating activities of ¥686,706,982.62, which is an increase of 86.87% year-to-date[4] - The net cash flow from operating activities increased by 86.87% year-on-year, reaching ¥68,670.70 million, primarily due to higher cash received from sales[15] - Operating cash inflow for the current period reached ¥9,479,654,863.02, a 31.7% increase from ¥7,197,283,224.29 in the previous period[29] - Cash received from sales of goods and services totaling ¥8,977,049,253.35, an increase of 32.3% from ¥6,787,391,545.11[29] - Cash paid to employees was ¥878,499,699.89, an increase of 25% from ¥703,276,188.39 year-on-year[29] Investments and Subsidies - Investment income surged by 318.43% to ¥11,646.68, driven by increased returns from joint ventures[13] - The company reported a significant increase in government subsidies, which positively impacted other income by 62.80%[13] - The company is actively investing in new factory projects, leading to a 111.56% increase in construction in progress[11] - Long-term equity investments rose to ¥1,065,806,357.60 from ¥955,039,208.30, indicating a strategic focus on long-term growth[21] - The company reported an investment income of ¥116,466,798.55, significantly higher than ¥27,834,328.62 in the previous period[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 164,538, with no preferred shareholders having restored voting rights[17] - The largest shareholder, Chongqing Zongshen High-speed Boat Development Co., Ltd., holds 20.10% of shares, totaling 230,192,114 shares, with 90,000,000 shares pledged[17] Other Financial Metrics - The weighted average return on equity increased by 6.32 percentage points to 14.31%[4] - Research and development expenses for the current period were ¥252,308,220.02, up from ¥219,673,876.07, indicating a 14.8% increase[26] - Other comprehensive income after tax was -¥36,900,551.27, compared to -¥14,271,560.76 in the previous period[27] - The cash flow impact from exchange rate fluctuations was positive, increasing by 57.83% to ¥4,829.67 million, mainly due to USD/RMB exchange rate changes[15] Cash and Cash Equivalents - The company's cash and cash equivalents at the end of the period were ¥1,340,635,041.41, down from ¥1,499,326,983.32 at the beginning of the period[21] - The cash and cash equivalents at the end of the period amounted to ¥1,249,777,211.89, down from ¥1,510,577,453.09 in the previous period[30]

Financial Performance - The company's operating revenue for the third quarter was ¥100,684,281.73, a decrease of 6.05% compared to the same period last year[3] - The total profit for the quarter was -¥29,238,371.02, with a year-to-date total profit of -¥67,927,282.45[3] - The net profit attributable to shareholders was -¥28,985,082.83 for the quarter, and -¥62,719,319.40 year-to-date[3] - The basic and diluted earnings per share for the quarter were both -¥0.16, compared to -¥0.35 in the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached ¥282,615,584.06, an increase of 18.1% compared to ¥239,139,268.85 in the same period of 2024[21] - Net loss for the first three quarters of 2025 was ¥62,719,319.40, compared to a net loss of ¥48,670,684.74 in the same period of 2024, representing a decline of 29%[22] - Operating profit for the first three quarters of 2025 was reported at -¥66,580,349.73, worsening from -¥49,767,277.94 in 2024[22] Research and Development - Research and development expenses totaled ¥10,703,547.22 for the quarter, representing 10.63% of operating revenue, an increase of 2.02 percentage points year-on-year[4] - Research and development expenses for the first three quarters of 2025 were ¥27,819,215.64, compared to ¥26,080,351.34 in 2024, indicating a growth of 6.7%[22] Assets and Liabilities - The company's total assets at the end of the quarter were ¥2,546,283,438.05, a decrease of 0.69% from the end of the previous year[4] - Total liabilities amounted to ¥1,665,881,612.53, compared to ¥1,620,826,006.25 in the previous year, marking an increase of 2.9%[19] - Total assets decreased slightly to ¥2,546,283,438.05 from ¥2,563,947,151.17, a decline of 0.7%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥108,103,946.75, an increase of 158.34% compared to the same period last year[3] - Cash flow from operating activities was ¥213,107,770.42, a slight increase from ¥203,573,038.14 in the previous year[25] - Cash and cash equivalents at the end of the period amounted to ¥154,286,302.28, up from ¥91,329,369.03 at the beginning of the period[27] - Cash received from interest, fees, and commissions totaled ¥62,328,772.19, compared to ¥10,483,229.49 previously, indicating a strong increase in operational cash inflows[26] - Cash outflow for purchasing goods and services was ¥61,700,203.82, down from ¥105,012,872.05, showing improved cost management[26] - Cash flow from investment activities was negative at -¥47,647,438.54, reflecting higher capital expenditures compared to the previous period[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,542[12] - The largest shareholder, Hangke New Century Technology Development (Shenzhen) Co., Ltd., holds 42,083,059 shares, accounting for 23.38% of total shares[12] - The second largest shareholder, Guotou High-tech Investment Co., Ltd., holds 18,750,082 shares, representing 10.42% of total shares[12] Financial Management - Financial expenses rose to ¥39,992,490.21, up from ¥26,255,026.69, reflecting a significant increase of 52.5%[22] - Deferred income tax assets increased to ¥22,962,208.60 from ¥12,921,831.50, showing a growth of 77.6%[18] - The company received government subsidies amounting to ¥1,102,065.33 year-to-date, which positively impacted the financial results[6] Other Information - The company has no reported changes in the participation of major shareholders in margin trading and securities lending[14] - There are no significant reminders regarding the company's operational status during the reporting period[14] - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[28]

浙江司太立制药股份有限公司 2025 年第三季度报告 证券代码：603520 证券简称：司太立 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 浙江司太立制药股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 （二） 非经常性损益项目和金额 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 447,255,2 ...