HYMD(SH:600971)2025-10-23 09:15Financial Performance - The company's operating revenue for the third quarter was CNY 1,404,262,794.44, a decrease of 7.29% compared to the same period last year[4]. - The total profit for the quarter was CNY 28,399,023.42, down 84.90% year-on-year[4]. - The net profit attributable to shareholders was CNY 29,489,142.04, reflecting an 84.17% decline compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses was CNY 24,342,225.16, a decrease of 86.98% year-on-year[4]. - The basic earnings per share for the quarter was CNY 0.0246, a decrease of 84.17% year-on-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 3,781,534,935.80, a decrease of 30% compared to CNY 5,407,956,808.86 in the same period of 2024[19]. - The net profit for the first three quarters of 2025 was a loss of CNY 105,563,098.61, compared to a net profit of CNY 944,092,322.54 in the same period of 2024[20]. - The operating profit for the first three quarters of 2025 was a loss of CNY 73,142,471.62, contrasting with a profit of CNY 1,105,142,183.17 in 2024[19]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.0831, compared to CNY 0.7873 in the same period of 2024[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 21,571,860,937.61, an increase of 5.05% from the end of the previous year[5]. - The total current assets amounted to ¥7,323,605,457.52, a decrease from ¥8,564,809,009.42 as of December 31, 2024, reflecting a decline of approximately 14.5%[14]. - The total non-current assets increased to ¥14,248,255,480.09 from ¥11,970,181,462.01, representing a growth of about 19.1%[15]. - The total liabilities decreased to ¥9,200,000,000.00 from ¥9,500,000,000.00, reflecting a reduction of about 3.2%[15]. - The total liabilities increased to CNY 9,536,866,679.16 in 2025 from CNY 8,101,487,964.42 in 2024, marking an increase of approximately 18%[19]. - Total equity decreased to CNY 12,034,994,258.45 in 2025 from CNY 12,433,502,507.01 in 2024, indicating a decline of about 3%[19]. Cash Flow - The cash flow from operating activities for the year-to-date was CNY 391,720,828.56, down 70.13% compared to the previous year[4]. - Cash inflow from operating activities for the first three quarters of 2025 was approximately $6.61 billion, a decrease of 12.6% compared to $7.56 billion in the same period of 2024[23]. - Net cash flow from operating activities for the first three quarters of 2025 was $391.72 million, down 70% from $1.31 billion in 2024[23]. - Cash inflow from investment activities in the first three quarters of 2025 was approximately $4.54 billion, significantly higher than $762.94 million in 2024[24]. - Cash inflow from financing activities in the first three quarters of 2025 was $1.16 billion, compared to $978.96 million in 2024, reflecting an 18.2% increase[24]. - The total cash and cash equivalents at the end of the first three quarters of 2025 was approximately $5.07 billion, down from $5.87 billion at the end of 2024[24]. Non-Recurring Items and Other Income - The company reported non-recurring gains of CNY 5,146,916.88 for the quarter[8]. - Investment income for the first three quarters of 2025 was CNY 114,176,628.58, an increase from CNY 92,099,818.83 in 2024, representing a growth of approximately 24%[20]. - Other income for the first three quarters of 2025 was CNY 8,004,817.89, compared to CNY 1,270,091.72 in 2024, showing a substantial increase[19]. Financial Expenses - The company reported a significant increase in financial expenses, rising to CNY 103,463,238.42 in 2025 from CNY 20,525,972.18 in 2024[19]. Inventory and Fixed Assets - The inventory increased to ¥257,667,919.89 from ¥235,216,441.29, representing an increase of about 9.5%[14]. - The company reported a significant increase in fixed assets, which rose to ¥6,626,939,856.74 from ¥5,568,210,873.54, indicating a growth of approximately 19.1%[15]. Future Accounting Standards - The company will implement new accounting standards starting in 2025, which may affect the financial statements[25].