嘉环科技(603206) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥855,423,680.69, a decrease of 18.68% compared to the same period last year[5]. - The total profit for the quarter was ¥5,076,547.95, down 72.57% year-on-year[5]. - The net profit attributable to shareholders was ¥10,153,564.29, representing a decline of 27.19% compared to the previous year[5]. - The net profit after deducting non-recurring gains and losses was ¥5,940,949.32, a decrease of 51.07% year-on-year[5]. - The basic and diluted earnings per share for the quarter were both ¥0.03, down 40.00% from the same period last year[6]. - Total operating revenue for the first three quarters of 2025 was CNY 2,774,981,321.73, a decrease of 10.59% compared to CNY 3,103,009,364.10 in the same period of 2024[21]. - Net profit for the first three quarters of 2025 was CNY 55,601,691.19, a decline of 26.06% from CNY 75,206,939.94 in 2024[22]. - The net profit for the first three quarters of 2025 was CNY 48,762,315.42, down 41.73% from CNY 83,588,270.26 in the first three quarters of 2024[30]. - Total comprehensive income for the period was ¥48,762,315.42, compared to ¥83,588,270.26 in the previous year[31]. Assets and Liabilities - The total assets at the end of the quarter were ¥8,165,880,199.84, an increase of 13.77% compared to the end of the previous year[6]. - Total current assets as of September 30, 2025, amount to RMB 7,929,638,523.45, an increase from RMB 6,967,327,456.17 as of December 31, 2024[17]. - Total assets have risen to RMB 8,165,880,199.84 from RMB 7,177,709,501.47, reflecting an increase of about 13.8%[18]. - The total liabilities as of the end of the reporting period were CNY 5,870,715,827.55, up from CNY 4,940,587,707.27 in the previous year[19]. - The total liabilities as of September 30, 2025, were CNY 5,187,345,117.23, compared to CNY 4,102,799,205.45 at the end of 2024, reflecting a growth of 26.48%[29]. - Total current liabilities are reported at RMB 5,836,318,173.42, up from RMB 4,915,883,884.06, showing an increase of approximately 18.7%[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,529[13]. - The top two shareholders, Zong Yan and Qin Weizhong, hold 29.60% and 29.59% of shares respectively, totaling 180,638,900 shares[13]. - The company has no significant changes in the shareholding structure or participation in margin trading activities among the top shareholders[14]. Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥659,975,227.96[6]. - The net cash flow from operating activities for the first three quarters of 2025 was -CNY 659,975,227.96, an improvement from -CNY 1,222,880,786.74 in 2024[25]. - Operating cash inflow for the first three quarters of 2025 reached ¥3,660,280,479.82, an increase of 14.3% compared to ¥3,201,688,933.44 in the same period of 2024[33]. - Net cash flow from operating activities was -¥612,790,133.59, an improvement from -¥1,181,239,025.01 year-over-year[33]. - Cash flow from investment activities showed a net outflow of -¥62,267,752.78, compared to -¥10,904,090.96 in the previous year[34]. - Cash flow from financing activities generated a net inflow of ¥663,407,923.84, slightly down from ¥713,826,537.11 in the same period last year[34]. Inventory and Expenses - Inventory has increased significantly to RMB 4,255,423,275.57 from RMB 3,151,342,359.65, indicating a growth of approximately 35%[17]. - The company's inventory increased to CNY 2,904,527,109.24 from CNY 2,123,177,126.27, indicating a significant rise of 36.67%[28]. - Research and development expenses for the first three quarters of 2025 were CNY 110,751,728.75, slightly up from CNY 109,543,820.07 in 2024[22]. - The company’s research and development expenses for the first three quarters of 2025 were CNY 110,751,728.75, a marginal increase from CNY 109,543,820.07 in the same period of 2024[30]. Other Financial Metrics - The company has reported a significant increase in contract liabilities to RMB 1,269,045,571.81 from RMB 639,667,481.19, indicating a growth of approximately 98.5%[18]. - The company incurred cash payments for purchasing goods and services amounting to ¥3,001,965,177.04, compared to ¥2,947,308,713.03 in the same period last year[33]. - The company has not adopted new accounting standards for the current year[35].