MFSP(SH:600235)2025-10-24 07:55Financial Performance - The company's operating revenue for the third quarter was ¥287,274,861.40, a decrease of 24.44% compared to the same period last year[4] - The total profit for the third quarter was ¥3,587,826.47, down 71.40% year-on-year[4] - The net profit attributable to shareholders was ¥3,567,366.75, reflecting a decline of 71.56% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was -¥7,687,641.61, a significant drop of 162.37%[4] - The basic earnings per share for the quarter was ¥0.010, down 72.22% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was ¥888.72 million, a decrease of 23.6% compared to ¥1,163.40 million in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥18.64 million, a significant decline of 69.5% compared to ¥60.98 million in 2024[21] - Operating profit for the first three quarters of 2025 was ¥18.79 million, down 69.0% from ¥60.88 million in the same period of 2024[20] - The company reported a basic and diluted earnings per share of ¥0.053 for the first three quarters of 2025, compared to ¥0.174 in 2024[21] Cash Flow and Investments - The net cash flow from operating activities was ¥10,787,110.22, down 64.73% from the same period last year[9] - Cash flow from operating activities for the first three quarters of 2025 was ¥27.25 million, a decrease of 81.8% compared to ¥149.88 million in 2024[22] - Cash flow from investing activities for the first three quarters of 2025 was -¥91.41 million, compared to -¥524.75 million in 2024, indicating a reduced outflow[23] - Cash flow from financing activities for the first three quarters of 2025 was ¥27.04 million, down 93.3% from ¥401.82 million in 2024[23] - The ending cash and cash equivalents balance for the first three quarters of 2025 was ¥104.29 million, down from ¥159.55 million in 2024[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,064,827,122.39, a decrease of 0.62% from the previous year[5] - The company's current assets totaled ¥945,878,089.82, down from ¥980,390,445.22, indicating a decrease of about 3.5%[16] - The company's total liabilities were ¥1,551,587,162.85, a slight decrease from ¥1,583,381,006.61, showing a reduction of about 2%[18] - The accounts receivable decreased to ¥166,514,681.08 from ¥181,298,882.95, representing a decline of approximately 8.1%[16] - The company's cash and cash equivalents decreased to ¥108,676,909.55 from ¥177,344,633.50, a significant drop of about 61.2%[16] - The company's long-term investments remained stable at ¥40,569,318.79 compared to ¥40,516,416.92, showing minimal change[16] - The short-term borrowings were recorded at ¥663,980,307.49, slightly down from ¥664,948,146.74, indicating a decrease of about 0.1%[17] Government Support and Subsidies - The company received government subsidies amounting to ¥11,338,816.26, which positively impacted the financial results despite the overall losses[7] Retained Earnings - The net profit attributable to the parent company for the first nine months of 2025 is not provided in the extracted data, but the retained earnings increased to ¥235,495,838.00 from ¥222,826,848.37, reflecting an increase of approximately 5.5%[18] Production and Sales - The company experienced a significant decline in production and sales due to the shutdown of paper machines PM20 and PM22, leading to reduced revenue and profit[12] Accounting Standards - The company has not adopted new accounting standards or interpretations for the year 2025[24]