JXAC(SH:600495)2025-10-20 11:40Financial Performance - The company's operating revenue for the third quarter was ¥264,100,752.58, a decrease of 40.52% compared to the same period last year[5]. - Total profit for the quarter was ¥8,144,981.58, down 68.76% year-on-year, primarily due to a decrease in railway vehicle product sales[9]. - Net profit attributable to shareholders was ¥8,213,543.11, a decline of 68.22% compared to the previous year, also driven by reduced sales in railway vehicle products[9]. - The basic earnings per share for the quarter was ¥0.006, a decrease of 71.43% year-on-year[10]. - The diluted earnings per share for the quarter was also ¥0.006, reflecting the same percentage decrease as basic earnings[10]. - The net cash flow from operating activities was negative at -¥92,912,177.46 for the quarter[5]. - The company reported a significant increase in net profit of 238.01% year-to-date, attributed to changes in product structure and enhanced cost control[9]. - The net profit for the first three quarters of 2025 reached CNY 22,114,433.33, a significant increase from CNY 6,008,907.32 in the same period of 2024, representing a growth of approximately 268%[20]. - The total profit before tax for the first three quarters of 2025 was CNY 22,186,426.06, compared to CNY 6,563,795.23 in 2024, marking a growth of approximately 237%[20]. Revenue and Costs - Total operating revenue for the first three quarters of 2025 was RMB 871,996,956.48, a slight decrease of 0.12% compared to RMB 872,962,348.02 in the same period of 2024[19]. - Total operating costs decreased to RMB 868,740,657.05 from RMB 916,689,370.13, representing a reduction of approximately 5.23%[19]. - The total revenue from operating activities for the first three quarters of 2025 was CNY 766,667,815.76, compared to CNY 700,745,292.68 in 2024, indicating an increase of about 9.4%[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,973,805,227.30, a decrease of 0.60% from the end of the previous year[6]. - The total assets of the company as of September 30, 2025, were RMB 3,973,805,227.30, a slight decrease from RMB 3,997,878,780.30 at the end of 2024[18]. - The total liabilities decreased to RMB 705,571,248.20 from RMB 737,151,291.83, a reduction of about 4.27%[17]. - The company's equity attributable to shareholders increased to RMB 3,268,233,979.10 from RMB 3,260,727,488.47, showing a growth of approximately 0.23%[18]. Cash Flow - The cash flow from operating activities showed a net outflow of CNY -105,413,186.17 in 2025, an improvement from CNY -150,651,272.96 in 2024[21]. - The company incurred an investment cash outflow of CNY 1,126,137,746.33 in 2025, compared to CNY 1,025,414,344.82 in 2024, indicating an increase in investment activities[22]. - The company reported a net cash flow from investing activities of CNY -218,867,702.20 in 2025, a decline from CNY 78,002,467.88 in 2024[22]. - The company experienced a decrease in cash flow from financing activities, with a net outflow of CNY -16,914,672.40 in 2025, compared to CNY -14,498,290.63 in 2024[22]. Shareholder Information - The controlling shareholder plans to increase its stake in the company by investing between RMB 50 million and RMB 100 million within 12 months starting from April 9, 2025[14]. Research and Development - The company reported R&D expenses of RMB 50,605,564.95 for the first three quarters of 2025, slightly higher than RMB 50,025,137.32 in the same period of 2024[19].