AGNM(SH:603429)2025-10-20 09:35Financial Performance - The company's operating revenue for the third quarter was ¥24,274,281.19, a decrease of 80.22% compared to the same period last year[4] - The total profit for the quarter was -¥4,994,818.67, with a net profit attributable to shareholders of -¥4,587,539.08, reflecting a decline of 130.14% year-on-year[4] - Basic and diluted earnings per share for the quarter were both -¥0.009, representing a decrease of 130% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 was CNY 128,226,263.90, a decrease from CNY 406,615,982.40 in the same period of 2024, representing a decline of approximately 68.4%[19] - The net profit for the first three quarters of 2025 was a loss of CNY 6,527,446.15, compared to a loss of CNY 53,292,896.10 in the same period of 2024, showing an improvement in losses[20] - The operating profit for the first three quarters of 2025 was a loss of CNY 3,689,003.39, contrasting with a profit of CNY 101,059,140.16 in 2024[19] - The basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.012, compared to CNY -0.11 in 2024[20] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was -¥34,798,895.53, indicating significant cash outflow[4] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 144,237,894.74, a decrease of 67.0% compared to CNY 437,383,229.95 in the same period of 2024[23] - The net cash outflow from operating activities was CNY -34,798,895.53, improving from CNY -70,224,287.90 year-over-year[23] - The cash inflow from investment activities totaled CNY 50,446,560.00, down 53.5% from CNY 108,432,361.19 in the previous year[24] - The net cash flow from investment activities was CNY 41,420,404.51, a decrease of 60.6% compared to CNY 105,020,905.71 in 2024[24] - The ending balance of cash and cash equivalents was CNY 764,216,214.03, slightly down from CNY 767,750,949.48 in 2024[24] - The company reported a significant reduction in cash paid to employees, totaling CNY 30,303,884.86, down 54.1% from CNY 66,040,433.27[23] - The cash paid for taxes decreased to CNY 23,800,265.45, a reduction of 59.1% compared to CNY 58,237,042.62 in the same period last year[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,542[11] - The largest shareholder, Xu Shanshui, holds 215,305,300 shares, accounting for 41.05% of the total share capital[11] - Xu Shanshui's shares include 129,477,280 shares that are frozen due to legal proceedings, representing 24.69% of the total share capital[14] - The company emphasizes that the freezing of shares has not materially affected its operations or governance structure[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,337,365,969.55, down 4.43% from the end of the previous year[5] - The total liabilities decreased from CNY 151,325,920.23 in the previous year to CNY 95,872,441.43 in the current year, reflecting a reduction of approximately 36.7%[17] - The company's total current assets as of September 30, 2025, amounted to ¥970,398,836.34, a decrease from ¥1,014,178,665.62 at the end of 2024[15] - The company's total equity decreased from CNY 1,248,020,974.27 to CNY 1,241,493,528.12, a slight decline of about 0.5%[17] Operational Insights - The decline in operating revenue was primarily due to reduced income from the cigarette packaging printing business and a decrease in the scope of consolidation following the disposal of a subsidiary last year[9] - The company reported a decrease in the weighted average return on net assets to -0.37%[5] - The company has not provided specific guidance for future performance or new product developments in the current report[4] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending[12] - The company reported a significant reduction in research and development expenses from CNY 16,394,040.22 in 2024 to CNY 7,712,392.25 in 2025, a decrease of approximately 53%[19]