SDHH(SZ:000822)2025-10-24 08:40Revenue and Profitability - Revenue for Q3 2025 was CNY 1,425,298,037.71, an increase of 5.94% compared to the same period last year, but a decrease of 26.05% year-to-date[2] - Net profit attributable to shareholders was a loss of CNY 138,259,120.48, down 162.98% year-on-year, and a loss of CNY 396,141,126.74 year-to-date, down 330.61%[2] - Basic and diluted earnings per share were both CNY -0.15, reflecting a decrease of 150.00% compared to the same period last year[2] - Total operating revenue for the current period is ¥3,563,231,111.56, a decrease of 26.1% from ¥4,818,657,162.07 in the previous period[15] - Net profit for the current period is -¥396,141,126.74, compared to a profit of ¥171,778,621.89 in the previous period, indicating a significant decline[15] - Basic and diluted earnings per share for the current period are both -¥0.44, compared to ¥0.19 in the previous period[16] Assets and Liabilities - Total assets increased to CNY 9,282,957,496.29, up 8.22% from the end of the previous year[2] - Owner's equity attributable to shareholders decreased to CNY 4,797,075,822.19, down 7.73% from the end of the previous year[2] - The company's total liabilities amount to ¥4,504,238,056.13, up from ¥3,397,182,023.15 in the previous period[14] - The total liabilities include short-term borrowings of ¥980,454,826.98[13] - The company's long-term equity investments decreased from ¥103,820,663.76 to ¥97,351,551.18, a decline of about 6.5%[13] - The total non-current assets increased from ¥3,768,147,583.31 to ¥6,020,448,542.65, an increase of approximately 59.7%[13] Cash Flow - Cash flow from operating activities was negative at CNY -131,198,303.70, a decrease of 112.78% year-to-date[6] - Cash inflow from operating activities totals ¥4,249,741,241.92, a decrease from ¥4,775,476,670.62 in the previous period[17] - The net cash flow from operating activities was -131,198,303.70, a significant decrease from 1,026,754,620.28 in the previous period[19] - The net cash flow from investment activities was -1,861,473,667.10, a decline from -30,269,586.95 in the prior period[19] - Cash inflow from financing activities amounted to 1,327,679,621.80, up from 56,134,000.00 in the previous period[19] - The net cash flow from financing activities was 1,078,788,016.52, compared to -46,457,896.54 previously[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 58,496[8] - The largest shareholder, Shandong Haihua Group Co., Ltd., holds 40.34% of the shares, totaling 361,048,878 shares[8] Inventory and Receivables - The company reported a significant increase in accounts receivable by 2,606.81% to CNY 190,244,151.40, attributed to increased sales on credit[5] - The company experienced a 52.73% decrease in inventory, with current inventory at CNY 269,121,413.38, due to reduced stock levels of soda ash[5] - The company's inventory decreased significantly from ¥569,278,078.32 to ¥269,121,413.38, a reduction of approximately 52.8%[13] Other Financial Information - The company reported a significant asset impairment loss of ¥450,751,373.58 in the current period, compared to ¥104,420,274.35 in the previous period[15] - Other comprehensive income after tax for the current period is -¥12,214,714.51, compared to -¥4,050.00 in the previous period[16] - The company's cash and cash equivalents decreased from ¥2,216,877,815.93 to ¥1,509,791,900.72, a decline of approximately 32%[12] - The ending balance of cash and cash equivalents was 1,302,502,520.63, down from 1,821,551,408.46 previously[19] Corporate Governance - There were changes in the board of directors, with two resignations and one election occurring in October and November 2025[11] - The company has no preferred shareholders as of the reporting period[11] Accounting Standards - The new accounting standards will be first implemented starting in 2025[21] - The company did not undergo an audit for the third quarter financial report[20]