神马电力(603530) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥458,718,781.71, representing a year-on-year increase of 33.38%[4] - The total profit for the third quarter was ¥138,083,576.18, reflecting a significant growth of 57.96% compared to the previous year[4] - The net profit attributable to shareholders was ¥116,743,783.19, which is an increase of 56.69% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥114,967,225.51, up by 57.83% from the same period last year[4] - Basic earnings per share for the quarter were ¥0.28, a 55.56% increase compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,163,200,291.11, a 30% increase from ¥895,405,866.70 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥326,214,544.38, up 28% from ¥253,999,986.43 in 2024[20] - Net profit for the first three quarters of 2025 was ¥277,026,026.66, representing a 29% increase compared to ¥215,600,963.58 in 2024[20] - Basic earnings per share for the first three quarters of 2025 were ¥0.66, compared to ¥0.51 in the same period of 2024[21] - The company reported a total comprehensive income of ¥276,076,334.20 for the first three quarters of 2025, compared to ¥215,592,105.66 in 2024, showing overall growth in profitability[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,695,225,176.67, an increase of 8.80% compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,749,646,867.80, an increase from ¥1,654,992,674.13 in the previous year[15] - Total assets amount to ¥2,695,225,176.67, up from ¥2,477,286,638.13 year-over-year[15] - Total liabilities increased to ¥1,062,747,261.80 in 2025 from ¥700,215,983.00 in 2024, indicating a significant rise in financial obligations[16] - Non-current liabilities rose to ¥361,651,611.13 in 2025, compared to ¥53,234,958.06 in 2024, reflecting a substantial increase in long-term debt[16] - Total equity attributable to shareholders decreased to ¥1,632,477,914.87 in 2025 from ¥1,777,070,655.13 in 2024, indicating a decline in shareholder value[16] Cash Flow - The company experienced a decline in cash flow from operating activities, with a net cash flow of ¥28,347,152.85, down by 67.55% year-on-year due to increased payments for strategic inventory[10] - Cash inflow from operating activities totaled ¥938,211,353.64 in the first three quarters of 2025, up from ¥662,600,176.74 in 2024[22] - Net cash flow from operating activities was $28,347,152.85, compared to $87,364,663.57 in the previous period, indicating a decrease[23] - Cash inflow from investment activities totaled $1,135,396,018.42, significantly higher than $526,246,129.64 last year[23] - Cash outflow from investment activities was $1,292,099,240.49, up from $687,465,399.68, resulting in a net cash flow from investment activities of -$156,703,222.07[23] - Cash inflow from financing activities was $603,513,225.00, compared to $139,621,418.62 in the previous period, showing substantial growth[23] - Cash outflow from financing activities increased to $626,032,519.64 from $249,906,679.06, leading to a net cash flow from financing activities of -$22,519,294.64[23] - The net increase in cash and cash equivalents was -$151,221,658.93, compared to -$183,388,089.22 last year[23] - The ending balance of cash and cash equivalents was $231,375,859.36, slightly up from $226,438,850.36 in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,276[12] - Shanghai Shenneng Power Holding Co., Ltd. holds 62.55% of shares, totaling 270,000,000 shares[12] - Chen Xiaoqin holds 16.61% of shares, totaling 71,701,402 shares[12] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥47,875,356.54, up from ¥35,305,524.45 in 2024, highlighting increased investment in innovation[19] Government Subsidies - The company reported a total of ¥2,018,830.90 in government subsidies related to normal business operations, contributing positively to the financial results[7] Inventory and Receivables - Accounts receivable increased to ¥732,558,140.30 from ¥596,103,430.73 year-over-year[14] - Inventory increased to ¥457,675,563.93 from ¥326,765,589.49 year-over-year[14]