志邦家居股份有限公司 2025 年第三季度报告 证券代码：603801 证券简称：志邦家居 志邦家居股份有限公司 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 12 志邦家居股份有限公司 2025 年第三季度报告 | 量净额 | | | | | | --- | --- | --- | --- | --- | | 基本每股收益（元/股） | 0.0811 | -69.84 | 0.3997 | -34.44 | | 稀释每股收益（元/股） | 0.0811 | -70.00 | 0.3997 | -34.69 | | 加权平均净资产收益率 （%） | 1.09 | 减少 2.48 个百分点 | 5. ...

Financial Performance - The company's operating revenue for the third quarter reached ¥102,788,298.92, representing a year-on-year increase of 36.58%[4] - The total profit for the third quarter was ¥2,941,046.91, with a net profit attributable to shareholders of ¥5,798,742.46[4] - The net profit for the current period is CNY 11,389,072.54, a significant recovery from a net loss of CNY 17,768,192.62 in the previous period[20] - The net profit for the first three quarters of 2025 was ¥11,952,460.78, significantly higher than ¥4,682,317.68 in the first three quarters of 2024, representing a growth of 154.3%[30] Cash Flow - The cash flow generated from operating activities amounted to ¥12,215,768.60, reflecting a growth of 31.3% compared to the same period last year[4] - Cash flow from operating activities generated a net amount of CNY 19,950,890.59, an increase from CNY 17,039,030.92 in the previous period[23] - The company's cash flow from operating activities generated a net amount of ¥6,499,607.66, down from ¥31,865,721.84 in the previous year, indicating a decrease of 79.7%[31] - The company's cash inflow from operating activities totaled ¥371,737,740.28, compared to ¥404,157,223.91 in the previous year, reflecting a decrease of 8.0%[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,121,061,695.38, a decrease of 4.84% from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to CNY 1,121,061,695.38, compared to CNY 1,178,054,042.99 at the end of 2024[16] - The total liabilities decreased to CNY 1,017,161,813.68 from CNY 1,097,543,233.83, a reduction of 7.3%[16] - The total liabilities decreased from ¥859,727,831.11 to ¥807,605,071.46, a reduction of about 6.1%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,781[11] - The net assets attributable to shareholders increased by 6.68% to ¥193,759,096.63 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to CNY 193,759,096.63 from CNY 181,618,068.80, an increase of 6.3%[16] - The company's total equity increased from ¥528,095,529.65 to ¥541,047,990.43, an increase of approximately 2.5%[27] Earnings Per Share - The basic earnings per share for the third quarter was ¥0.05, with diluted earnings per share also at ¥0.05[5] - Basic and diluted earnings per share for the current period are CNY 0.11, recovering from a loss of CNY 0.17 in the previous period[20] - The company's basic earnings per share of ¥0.11 for the first three quarters of 2025, compared to ¥0.04 in the same period of 2024, representing a growth of 175%[30] Research and Development - Research and development expenses decreased to CNY 26,984,948.78 from CNY 34,746,965.50, reflecting a reduction of approximately 22.3%[20] - Research and development expenses for the first three quarters of 2025 were ¥24,530,459.40, a decrease of 13.5% compared to ¥28,400,541.16 in the same period of 2024[30] Investment Activities - Cash outflow from investment activities totaled $495.2 million, compared to $686.7 million in the previous period[32] - Net cash flow from investment activities was $23.6 million, a significant improvement from a loss of $11.2 million previously[32] Financing Activities - Cash inflow from financing activities amounted to $322.7 million, up from $168.6 million year-over-year[32] - Cash outflow from financing activities was $351.4 million, compared to $216.8 million in the prior period[32] - Net cash flow from financing activities showed a decrease of $28.8 million, improving from a loss of $48.2 million previously[32] Overall Financial Health - The company reported a significant reduction in losses from subsidiaries, positively impacting overall profit figures[9] - The company reported a net loss of CNY 308,814,930.96 for the first three quarters of 2025, an improvement from a net loss of CNY 320,955,958.79 in the same period of 2024[16]

Financial Performance - The company's operating revenue for Q3 2025 was ¥164,089,397.31, a decrease of 17.01% compared to the same period last year[3] - The total profit for the period was ¥38,668,274.94, reflecting a decline of 28.01% year-over-year[3] - The net profit attributable to shareholders was ¥37,685,799.29, down 23.33% from the previous year[3] - The basic earnings per share for the quarter was ¥0.05, a decrease of 16.67% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2025 was CNY 645,961,585.61, a decrease of 6.4% compared to CNY 690,126,439.62 in the same period of 2024[16] - Net profit for the first three quarters of 2025 was CNY 207,031,905.94, down 9.6% from CNY 228,985,673.66 in 2024[17] - The company reported a total profit of CNY 233,345,728.07 for the first three quarters of 2025, compared to CNY 261,279,487.39 in 2024, indicating a decline of 10.7%[17] Cash Flow - The net cash flow from operating activities increased significantly by 127.35% to ¥102,241,945.57 for the quarter[8] - Operating cash inflow for the first three quarters of 2025 reached ¥720,011,893.88, an increase of 17.7% compared to ¥611,796,197.96 in the same period of 2024[20] - Net cash flow from operating activities was ¥147,645,612.37, up 76.1% from ¥83,903,512.00 year-over-year[20] - Investment activities generated a net cash outflow of ¥47,837,784.40, an improvement from a net outflow of ¥85,649,460.36 in the previous year[21] - Cash inflow from financing activities totaled ¥307,896,522.55, compared to ¥170,100,000.00 in the same period last year, marking an increase of 81.1%[21] - The ending balance of cash and cash equivalents was ¥1,080,724,603.12, compared to ¥993,570,174.44 at the end of the same period last year, reflecting a net increase of ¥32,143,383.97[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,060,353,890.21, representing a 2.61% increase from the end of the previous year[4] - Current assets increased to CNY 1,793,706,183.58 from CNY 1,709,169,547.87, reflecting a growth of approximately 4.94%[12] - The total liabilities as of the reporting date were CNY 713,053,258.18, slightly up from CNY 710,498,847.68 in the previous year[14] - Total equity attributable to shareholders increased to CNY 2,347,300,632.03 from CNY 2,271,891,202.71, representing a growth of 3.3%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,998[10] - The largest shareholder, Zheng Zhiguo, holds 50.64% of the company's shares, totaling 420,433,703 shares[10] Research and Development - Research and development expenses increased to CNY 81,618,800.72 in 2025, up from CNY 64,018,512.40 in 2024, reflecting a growth of 27.5%[16] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[19] Accounting and Reporting - The company did not apply new accounting standards for the current reporting period[22] - The financial report was released by Zhejiang Aoxiang Pharmaceutical Co., Ltd. on October 30, 2025[23]

Financial Performance - The company's operating revenue for the third quarter was ¥132,547,612.01, a decrease of 30.38% compared to the same period last year[5] - Total profit for the quarter was ¥41,584,447.66, down 39.53% year-over-year[5] - Net profit attributable to shareholders was ¥36,852,395.89, reflecting a decline of 40.63% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥8,434,567.99, a significant drop of 68.23% year-over-year[5] - The basic and diluted earnings per share were both ¥0.26, down 40.91% from the same period last year[6] - Total operating revenue for the first three quarters of 2025 reached ¥818,027,106.97, an increase of 3.1% compared to ¥790,531,638.81 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥182,807,111.02, representing a 11.0% increase from ¥164,679,701.14 in 2024[23] - Operating profit for the first three quarters of 2025 was ¥209,740,485.25, compared to ¥190,006,340.17 in 2024, marking an increase of 10.4%[22] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥1.30, an increase from ¥1.16 in 2024[23] Assets and Liabilities - Total assets increased to ¥2,474,218,784.58, representing a growth of 5.28% from the end of the previous year[6] - Total current assets as of September 30, 2025, amounted to approximately RMB 1.5 billion, an increase from RMB 1.4 billion at the end of 2024[16] - Total liabilities include accounts payable of RMB 147.70 million, down from RMB 197.78 million[17] - Non-current assets totaled approximately RMB 973.85 million, up from RMB 941.90 million[17] - The total liabilities decreased to ¥267,233,975.14 in 2025 from ¥310,227,575.04 in 2024, showing a reduction of 13.9%[18] - The total equity attributable to shareholders increased to ¥2,199,685,375.10 in 2025 from ¥2,034,165,708.58 in 2024, reflecting an increase of 8.1%[18] Cash Flow - Cash flow from operating activities for the year-to-date was ¥251,282,261.42, an increase of 39.23%[5] - The net cash flow from operating activities for the first three quarters of 2025 was ¥251,282,261.42, up from ¥180,478,743.03 in 2024, indicating a growth of 39.2%[24] - The company reported a significant increase in investment cash inflow, totaling ¥616,600,396.37 in the first three quarters of 2025, compared to ¥444,017,713.97 in 2024[24] - The net cash flow from investing activities was $52.59 million, a significant improvement from a net outflow of $279.82 million in the previous period[25] - Total cash inflow from financing activities was $89.55 million, down from $323.88 million year-over-year[25] - The net cash flow from financing activities showed a decline of $83.62 million, resulting in a net outflow of $8.25 million compared to a net inflow of $75.37 million previously[25] - The cash and cash equivalents at the end of the period increased to $474.68 million, up from $315.35 million at the end of the previous period[25] - The total cash inflow from investment activities was $623.99 million, compared to $456.45 million in the prior year[25] - Cash outflow for the acquisition of fixed assets and intangible assets was $101.19 million, down from $140.40 million year-over-year[25] - The cash outflow for debt repayment was $50.19 million, a decrease from $228.98 million in the prior year[25] - The impact of exchange rate changes on cash and cash equivalents was a negative $908,028.23, compared to a negative $1.61 million previously[25] Shareholder Information - Total shareholders of common stock at the end of the reporting period reached 11,031[13] - The largest shareholder, Shanghai Yangda Enterprise Management Co., Ltd., holds 75,600,000 shares, accounting for 53.40% of total shares[14] - The company has no significant changes in the top 10 shareholders or their participation in margin trading[14] - There are no significant reminders for investors regarding the company's operational status during the reporting period[15] Market Factors - The decline in revenue and profit was primarily attributed to market demand factors[10][11] Non-Recurring Gains - The company reported non-recurring gains of ¥28,417,827.90 for the period, with government subsidies contributing significantly to this figure[7] Accounting Standards - The company will not apply new accounting standards starting from 2025[26]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 114,136,515.60, representing a decrease of 2.46% compared to the same period last year[5]. - The total profit for the period was a loss of CNY 4,704,515.95, with a year-to-date total profit loss of CNY 14,891,688.04[5]. - The net profit attributable to shareholders for Q3 2025 was a loss of CNY 2,450,733.10, with a year-to-date net profit loss of CNY 9,586,729.12[5]. - Total revenue for the first three quarters of 2025 was CNY 330,044,517.70, a decrease of 6.86% compared to CNY 354,367,069.28 in the same period of 2024[18]. - The net profit for the first three quarters of 2025 was -10,994,028.54 RMB, compared to -30,750,038.75 RMB in the same period of 2024, showing an improvement[20]. - The total comprehensive income attributable to the parent company was -9,586,729.12 RMB in 2025, compared to -29,660,087.99 RMB in 2024, indicating a significant reduction in losses[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,141,968,680.22, a decrease of 5.15% from the end of the previous year[5]. - Total assets as of September 30, 2025, were CNY 2,141,968,680.22, down from CNY 2,258,207,067.21 at the end of 2024[16]. - Total liabilities decreased to CNY 236,923,227.60 from CNY 308,717,338.55 in the previous year[16]. - The company’s equity attributable to shareholders decreased to CNY 1,922,208,663.42 from CNY 1,965,245,640.04 in 2024[17]. Cash Flow - The net cash flow from operating activities for the year-to-date was a negative CNY 36,677,449.61[5]. - The net cash flow from operating activities was -36,677,449.61 RMB for the first three quarters of 2025, worsening from -21,205,355.19 RMB in 2024[22]. - Cash and cash equivalents decreased to CNY 889,484,105.12 as of September 30, 2025, from CNY 968,760,424.64 at the end of 2024[14]. - The cash and cash equivalents at the end of Q3 2025 were 196,912,146.91 RMB, down from 235,485,616.87 RMB at the end of Q3 2024[24]. - The cash outflow from investing activities was -10,096,908.38 RMB in 2025, compared to a cash inflow of 13,859,205.38 RMB in 2024, indicating a shift in investment strategy[24]. - The cash outflow from financing activities was -36,274,073.46 RMB in 2025, compared to -39,141,204.82 RMB in 2024, showing a slight improvement[24]. - The company received 20,491,960.19 RMB from other investment-related cash activities in 2025, a significant decrease from 319,832,842.69 RMB in 2024[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,278[10]. - The largest shareholder, Shanghai Sugar Tobacco and Alcohol (Group) Co., Ltd., held 34.88% of the shares[10]. Cost Management and Expenses - The company implemented cost control measures, resulting in a reduction in management expenses and improved financial performance compared to the previous year[8]. - Total operating costs for the first three quarters of 2025 were CNY 346,979,727.90, down from CNY 398,708,268.26 in 2024, reflecting a reduction of 13.04%[18]. - The company reported a net profit margin decline due to increased sales and management expenses, with sales expenses at CNY 59,983,811.61, down from CNY 83,963,516.58 in 2024[18]. - Research and development expenses increased to CNY 7,406,251.15, up from CNY 3,696,661.39 in the same period last year, indicating a focus on innovation[18]. - Sales revenue from mid-to-high-end products was CNY 25,480.65 million, a decline of 2.55% year-on-year, while low-end product sales dropped by 19.90% to CNY 6,835.21 million[13]. Share Performance - The company reported a basic and diluted earnings per share of -0.01 RMB for the first three quarters of 2025, compared to -0.04 RMB in 2024[21]. - The weighted average return on net assets for Q3 2025 was -0.13%, an increase of 0.60 percentage points compared to the previous year[5]. - The company incurred interest expenses of 2,206,530.91 RMB in 2025, down from 2,669,326.19 RMB in 2024, reflecting a decrease of approximately 17.3%[20]. - The company added 77 new distributors and had a total of 894 distributors by the end of the reporting period, an increase of 40 compared to the end of 2024[12].

Financial Performance - Q3 2025 revenue was CNY 173,439,517.24, a decrease of 12.91% year-over-year[5] - Net profit attributable to shareholders was CNY -23,960,993.12, down 43.94% compared to the same period last year[5] - Net profit excluding non-recurring items was CNY -19,276,673.39, a decline of 119.24% year-over-year[5] - Basic earnings per share were CNY -0.0440, a decrease of 43.79% from the previous year[5] - Total operating revenue for the period was CNY 559,356,824.80, a decrease of 9.4% compared to CNY 617,599,788.87 in the previous period[16] - The company reported a net loss of CNY -531,365,633.60, compared to a loss of CNY -485,660,553.24 in the previous period[15] - The company reported a net loss of ¥45,810,293.88 for the current period, compared to a net loss of ¥36,552,298.36 in the previous period, representing an increase in loss of approximately 25.5%[17] - Operating revenue from sales of goods and services decreased to ¥2,513,166,067.13, down 32.7% from ¥3,735,562,087.98 in the previous period[18] - The company recorded a total comprehensive loss of ¥52,947,753.84, compared to a total comprehensive loss of ¥36,552,298.36 in the previous period[17] - The basic and diluted earnings per share were both reported at -¥0.0840, compared to -¥0.0670 in the previous period[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,801,007,232.95, an increase of 0.77% from the end of the previous year[5] - The company’s total assets reached CNY 1,801,007,232.95, up from CNY 1,787,159,089.72[15] - Total liabilities increased to CNY 623,758,790.06 from CNY 556,972,357.44, marking an increase of 12%[15] - Non-current assets totaled CNY 1,373,851,085.38, a slight decrease from CNY 1,409,261,769.10[14] - Cash and cash equivalents decreased to CNY 212,621,468.38 from CNY 229,877,981.85, reflecting a decline of 7.4%[13] - Cash and cash equivalents at the end of the period were ¥206,545,957.95, a decrease from ¥208,688,741.60 at the end of the previous period[19] Cash Flow - The company reported a net cash flow from operating activities of CNY -115,327,353.25, down 8.39% year-to-date[5] - The net cash flow from operating activities was negative at ¥115,327,353.25, slightly worse than the previous period's negative cash flow of ¥106,398,608.59[19] - The company generated ¥36,910,423.38 in cash inflows from investing activities, down from ¥63,618,123.47 in the previous period[19] - Cash inflows from financing activities totaled ¥81,000,000.00, compared to ¥140,508,581.41 in the previous period, indicating a decrease of approximately 42.3%[19] Operational Metrics - The company sold commercial properties for a total of CNY 15.45 million during the reporting period[11] - Rental income from seven leased properties amounted to CNY 1.253 million[11] - The weighted average return on equity was -2.01%, a decrease of 0.78% year-over-year[5] - Accounts receivable increased significantly to CNY 103,699,815.58, up 45.5% from CNY 71,285,823.93[13] - Inventory decreased to CNY 18,358,346.22, down 33.2% from CNY 27,525,257.84[13] - Short-term borrowings rose to CNY 78,000,000.00, an increase from CNY 28,000,000.00, reflecting a growth of 178.6%[14] - The company incurred operating expenses of ¥2,683,201,416.44, down from ¥3,871,411,021.06 in the previous period, reflecting a cost reduction strategy[19] - The company reported a foreign exchange loss of ¥7,137,459.96 in other comprehensive income[17]

Financial Performance - The company's operating revenue for the third quarter was CNY 2,643,042,394.08, a decrease of 7.84% compared to the same period last year[5] - The total profit for the year-to-date period reached CNY 47,697,511.23, reflecting an increase of 34.04% year-on-year[5] - The net profit attributable to shareholders was CNY 28,229,683.64, a significant recovery from a loss of CNY 25,406,915.80 in the previous year[5] - Total revenue for the first three quarters of 2025 was CNY 7,877,515,626.73, a decrease of 11.88% compared to CNY 8,939,723,830.79 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was a loss of CNY 4,130,743.61, an improvement from a loss of CNY 19,626,192.44 in the same period of 2024[20] Earnings and Shareholder Returns - The basic earnings per share for the quarter was CNY 0.0214, compared to a loss of CNY 0.0192 per share in the same period last year[6] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.0192, an improvement from CNY -0.0403 in 2024[21] - The weighted average return on equity increased to 0.88%, up by 4.24 percentage points from the previous year[6] Assets and Liabilities - The total assets at the end of the reporting period were CNY 10,081,485,187.78, a decrease of 1.49% from the end of the previous year[6] - The company's total assets decreased from CNY 10,234,367,753.33 to CNY 10,081,485,187.78, a decline of 1.49%[17] - Total liabilities decreased from CNY 6,708,570,272.96 to CNY 6,511,123,933.87, a reduction of 2.93%[17] - The company's equity attributable to shareholders increased from CNY 3,187,333,480.06 to CNY 3,212,567,206.43, an increase of 0.79%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 280,981,015.67, down by 31.64% compared to the same period last year[5] - In the first three quarters of 2025, the cash inflow from operating activities totaled ¥8,928,565,391.05, a decrease of 14.3% compared to ¥10,417,674,596.75 in the same period of 2024[23] - The cash received from the disposal of fixed assets and other long-term assets was ¥5,694,131.64, up from ¥1,999,990.89 in the previous year[24] - The cash paid for purchasing goods and services was ¥6,200,781,912.41, a decrease from ¥7,139,178,063.00 in the same period last year[24] Investments and Income - The company reported a significant increase in investment income from joint ventures and associates, contributing an additional CNY 61,613,900 to profits year-on-year[9] - The company reported an investment income of CNY 108,795,077.84, compared to CNY 49,732,767.19 in the previous year, indicating a substantial increase of 118.00%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 42,448[12] - The largest shareholder, Shanghai Shenda (Group) Co., Ltd., holds 520,514,373 shares, accounting for 39.41% of total shares[12] Current Assets - Total current assets as of September 30, 2025, amount to ¥4,913,325,398.86, a decrease from ¥5,051,820,988.38 as of December 31, 2024[15] - Cash and cash equivalents are reported at ¥1,708,650,811.62, down from ¥1,912,167,367.55[15] - Accounts receivable decreased to ¥1,707,565,481.90 from ¥1,778,718,737.75[16] - Inventory increased to ¥857,481,481.01 from ¥765,683,796.08, indicating a growth of approximately 11.97%[16] - Long-term equity investments rose to ¥824,727,378.56 from ¥765,116,464.10, reflecting an increase of about 7.79%[16] - Non-current assets total ¥5,168,159,788.92, slightly down from ¥5,182,546,764.95[16] Operational Insights - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[9] - There are no other important reminders regarding the company's operational situation during the reporting period[14] - The company has no significant changes in major shareholders due to securities lending activities[13] Expenses - Research and development expenses for the first three quarters of 2025 were CNY 92,999,658.36, slightly down from CNY 93,177,708.96 in 2024[20] - Financial expenses increased significantly from CNY 140,933,234.49 in 2024 to CNY 233,921,997.75 in 2025, marking a rise of 66.00%[20] Non-Recurring Items - Non-recurring gains and losses for the quarter amounted to CNY 1,571,761.13, with government subsidies contributing CNY 2,742,396.84[8]

Financial Performance - The company's operating revenue for the third quarter was CNY 323,649,155.78, representing a year-on-year increase of 144.84%[4] - The total profit for the period was a loss of CNY 280,718,803.29, with a year-to-date loss of CNY 822,024,611.71[4] - The net profit attributable to shareholders was a loss of CNY 269,643,041.83 for the quarter, and a loss of CNY 788,723,789.98 year-to-date[4] - The basic earnings per share for the quarter was -CNY 0.2438, and -CNY 0.7133 year-to-date[5] - The net profit for the first three quarters of 2025 was -823,307,789.14, compared to -218,579,891.51 in the same period of 2024, indicating a significant increase in losses[24] - The total comprehensive income for the current period was -822,359,087.48, compared to -218,579,891.51 in the previous period, reflecting a worsening overall financial performance[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,685,694,348.87, a decrease of 5.78% compared to the end of the previous year[5] - The company's total assets decreased from 13,463,648,252.18 to 12,685,694,348.87, a reduction of approximately 5.8%[20] - Total liabilities increased from 12,967,697,123.45 to 13,012,402,307.61, reflecting a slight increase of about 0.3%[20] - The equity attributable to shareholders was -CNY 770,861,342.76, reflecting a significant decrease of 4,657.60% compared to the previous year[5] - The company's equity attributable to shareholders decreased from 16,913,745.56 to -770,861,342.76, indicating a significant decline in shareholder equity[20] Cash Flow - The net cash flow from operating activities year-to-date was -CNY 25,488,867.18[4] - Operating cash inflow for the first three quarters of 2025 was CNY 1,531,366,910.59, an increase of 36% compared to CNY 1,126,018,807.61 in the same period of 2024[26] - Cash outflow from operating activities totaled CNY 1,556,855,777.77, slightly down from CNY 1,575,111,662.81 year-over-year[27] - Net cash flow from operating activities improved to -CNY 25,488,867.18, compared to -CNY 449,092,855.20 in the previous year, indicating a significant reduction in losses[27] - Cash inflow from investment activities was CNY 2,927,667.67, a substantial increase from CNY 200,404.80 in the same period last year[27] - Cash outflow from investment activities decreased to CNY 73,744.93 from CNY 16,719,624.39, reflecting a strategic reduction in capital expenditures[27] - Net cash flow from financing activities was -CNY 158,077,604.60, a decline from a positive CNY 401,971,997.06 in the previous year, indicating increased cash outflows for debt repayment and dividends[27] - Total cash and cash equivalents at the end of the period stood at CNY 51,027,431.92, down from CNY 85,644,023.69 year-over-year[27] Shareholder Information - The total number of common shareholders at the end of the reporting period was 64,286[13] - The largest shareholder, Tianjin State-owned Capital Investment Operation Co., Ltd., holds 190,186,440 shares, representing 17.20% of the total shares[13] Operational Challenges - The company continues to face challenges in covering its expenses due to insufficient profits, leading to ongoing losses[9] - The company has made significant adjustments to its major asset restructuring plan as of September 19, 2025[15] - The adjusted restructuring plan's implementation remains uncertain, pending negotiations and approvals[16] Other Financial Metrics - Non-recurring gains and losses for the period totaled CNY 575,677.51, with year-to-date non-recurring gains and losses amounting to CNY 7,480,931.07[8] - The company's cash and cash equivalents decreased from 407,919,045.07 RMB to 184,245,021.49 RMB, a decline of approximately 54.8%[18] - Accounts receivable increased from 1,555,545,467.61 RMB to 1,565,271,780.26 RMB, reflecting a growth of about 0.99%[18] - Inventory decreased from 9,252,079,891.58 RMB to 8,759,533,951.85 RMB, a reduction of approximately 5.3%[18] - The total current assets decreased from 11,970,403,105.64 RMB to 11,242,749,724.23 RMB, a decline of about 6.1%[18] - Long-term equity investments slightly decreased from 420,123,861.79 RMB to 412,567,253.15 RMB, a decrease of approximately 1.8%[18] - The company signed a change agreement regarding major asset replacement and fundraising on September 26, 2025[15] - Total operating revenue for the first three quarters of 2025 was 840,812,742.39, down from 1,021,910,983.36 in the same period of 2024, representing a decrease of approximately 17.7%[23] - Total operating costs increased to 1,567,005,828.08 from 1,387,299,645.79, marking an increase of about 12.9%[23] - The financial expenses for the first three quarters were 421,257,304.45, slightly down from 432,190,173.68, indicating a reduction in financial costs[24] - The company reported an investment loss of -7,329,480.98, a significant decline from the investment income of 64,049,298.22 in the previous year[24] - The basic and diluted earnings per share for the current period were both -0.7133, compared to -0.1944 in the previous period, showing a worsening in earnings performance[25] - Cash paid for employee compensation increased to CNY 76,873,113.62 from CNY 70,045,574.39, reflecting a rise in workforce costs[27] - Cash received from tax refunds was CNY 8,624,432.02, significantly lower than CNY 107,300,407.83 in the previous year, indicating changes in tax recovery dynamics[27]

海南矿业股份有限公司 2025 年第三季度报告 证券代码：601969 证券简称：海南矿业 海南矿业股份有限公司 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：千元 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 | 944,584.27 | -4.13 | 3,359,840.97 | ...

Financial Performance - The company's operating revenue for the third quarter was ¥133,595,899.15, an increase of 128.04% compared to the same period last year[3] - The total profit for the period was -¥19,756,825.68, with a year-to-date total profit of -¥59,973,473.55, reflecting a decrease of 3,308.91% year-on-year[3] - The net profit attributable to shareholders was -¥10,092,481.01 for the quarter, and -¥33,810,641.15 year-to-date, showing a significant decline of 563.38% compared to the previous year[3] - The company reported a basic earnings per share of -¥0.09 for the quarter, and -¥0.29 year-to-date, indicating a decline of 583.33%[3] - Total operating revenue for the first three quarters of 2025 was CNY 339,829,105.93, a decrease of 1.5% compared to CNY 345,997,199.76 in the same period of 2024[16] - Net profit for the first three quarters of 2025 was a loss of CNY 57,218,840.40, compared to a profit of CNY 3,892,007.01 in the same period of 2024[17] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.29, compared to CNY 0.06 in the same period of 2024[18] Cash Flow - The net cash flow from operating activities for the quarter was ¥7,706,647.58, contrasting with a negative cash flow of -¥28,311,190.09 year-to-date[3] - The net cash flow from operating activities was -28,311,190.09, an improvement from -97,588,478.34 in the previous period, indicating a reduction in cash outflow[22] - Cash inflow from operating activities was CNY 537,980,465.94, an increase from CNY 447,601,222.17 in the previous year[20] - The total cash outflow from operating activities was 566,291,656.03, compared to 545,189,700.51, indicating a slight increase in operational cash expenses[22] - The ending balance of cash and cash equivalents was 168,357,148.24, down from 198,228,185.09, reflecting a decrease in liquidity[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,903,227,473.01, representing a 5.21% increase from the previous year[4] - Current assets totaled CNY 1,408,484,004.06, compared to CNY 1,373,313,717.17 at the end of 2024, indicating an increase of about 2.5%[14] - Total liabilities rose to CNY 1,042,053,613.52, up from CNY 868,910,501.39, marking an increase of around 19.9%[15] - The company's total liabilities and equity decreased to CNY 861,173,859.49 from CNY 940,014,136.24 year-over-year[16] - The total equity remained stable at CNY 861,173,859.49, with no change from the previous reporting period[15] Research and Development - Research and development expenses totaled ¥13,597,309.73 for the quarter, accounting for 10.18% of operating revenue, which is an increase of 1.71 percentage points year-on-year[4] - The company experienced a significant increase in R&D investment, with a 45.16% rise in the current quarter compared to the previous year, driven by increased investment in smart manufacturing solutions[7] - The company reported a significant increase in R&D expenses, which rose to CNY 33,360,393.41, up 18.3% from CNY 28,059,798.93 year-over-year[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,131[9] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[11] Other Financial Metrics - The company recorded a financial loss of CNY 47,532,591.97 due to asset impairment losses, compared to a loss of CNY 7,051,586.24 in the previous year[17] - Other comprehensive income after tax for the first three quarters of 2025 was CNY 508,877.87, compared to a loss of CNY 41,195.95 in the previous year[18] - The company paid 122,221,033.98 in employee compensation, a decrease from 127,679,706.78, suggesting cost management efforts[22] - The impact of exchange rate changes on cash and cash equivalents was positive at 4,243,247.17, contrasting with a negative impact of -46,312.24 previously, reflecting favorable currency movements[22]