BJBASHI(SH:600386)2025-10-21 09:50Financial Performance - The company's operating revenue for Q3 2025 was CNY 970,526,118, a decrease of 11.6% compared to the same period last year[4]. - The total profit for the period was CNY 14,088,725, reflecting a significant decline of 57.6% year-on-year[5]. - The net profit attributable to shareholders was CNY -1,265,204, marking a decrease of 108.5% compared to the previous year[5]. - The company reported a decrease of 198.43% in net profit attributable to shareholders after deducting non-recurring gains and losses for the current period[9]. - Total operating revenue for the first three quarters of 2025 was ¥2,894,356,331.89, a decrease of 6.9% compared to ¥3,108,359,705.61 in the same period of 2024[17]. - Net profit for the first three quarters of 2025 was ¥3,950,753.21, a significant decline of 90.8% compared to ¥43,084,101.07 in 2024[18]. - Comprehensive income for the first three quarters of 2025 totaled ¥24,484,253.21, compared to ¥32,201,346.07 in 2024, reflecting a decrease of 23.9%[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 372,889,041, an increase of 62.86% compared to the same period last year[9]. - The company reported a net cash flow from operating activities of ¥372,889,041.13 for the first three quarters of 2025, an increase of 62.8% from ¥228,969,255.38 in 2024[20]. - The net cash flow from investing activities was -80,098,150.76, a decrease from -165,071,953.86 year-over-year[21]. - The net cash flow from financing activities was -324,269,706.54, an increase in outflow from -140,024,653.95 year-over-year[21]. - The ending balance of cash and cash equivalents was 796,303,501.92, up from 768,247,206.97 in the previous period[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,485,241,556.13, representing a decrease of 2.52% from the previous year-end[5]. - Total current assets as of September 30, 2025, amount to 1,967,445,540.41 RMB, compared to 1,939,223,347.15 RMB as of December 31, 2024, reflecting an increase[14]. - Total liabilities decreased to 2,502,258,514.32 RMB from 2,652,153,901.80 RMB, representing a reduction of approximately 5.6%[15]. - The total equity attributable to shareholders of the parent company increased to 1,785,591,950.66 RMB from 1,767,983,051.84 RMB, reflecting a growth of about 1.0%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,793[11]. - The largest shareholder, Beijing Public Transport Holding (Group) Co., Ltd., holds 443,520,000 shares, representing 55.00% of the total shares[11]. - The company reported no changes in the top 10 shareholders due to securities lending activities[12]. Operational Changes - The company experienced a significant reduction in revenue from its vehicle media and vehicle sales businesses, contributing to the overall decline in profits[9]. - The company has terminated the operations of certain subsidiaries, leading to one-time expense recognition impacting the financial results[9]. - There are no significant reminders regarding the company's operational performance during the reporting period[12]. Expenses and Investments - Research and development expenses for the first three quarters of 2025 were ¥19,186,415.81, a decrease of 8.8% from ¥21,052,254.64 in 2024[17]. - The company incurred an investment loss of ¥12,597,314.10 in the first three quarters of 2025, compared to a gain of ¥821,340.00 in 2024[18]. - Other income for the first three quarters of 2025 was ¥2,040,100.49, down from ¥5,194,357.49 in 2024[17]. - The company reported a tax expense of ¥31,893,015.73 for the first three quarters of 2025, an increase of 29.3% compared to ¥24,700,319.09 in 2024[18]. Accounting Standards - The company did not apply new accounting standards starting from 2025[22].