珈伟新能(300317) - 2025 Q3 - 季度财报

Financial Performance - Revenue for Q3 2025 was CNY 100,921,497.29, a decrease of 17.78% compared to the same period last year[4] - Net profit attributable to shareholders was CNY -26,312,709.87, an increase of 16.78% year-on-year, while the year-to-date net profit was CNY -41,110,152.01, a decrease of 45.42%[4] - The company reported a 24.92% increase in year-to-date revenue, reaching CNY 425,181,957.78, primarily due to increased sales from power station operations[7] - The company’s basic and diluted earnings per share for Q3 were both CNY -0.0317, reflecting a 17.45% improvement year-on-year[4] - Operating profit decreased to -¥56,968,197.71 compared to -¥90,962,312.68 in the previous period, showing an improvement of approximately 37%[17] - Net profit for the period was -¥51,682,792.98, an improvement from -¥94,603,426.70, reflecting a reduction in losses of about 45% year-over-year[18] - Basic and diluted earnings per share were both -¥0.0495, compared to -¥0.0910 in the previous period[18] Cash Flow and Investments - The cash flow from operating activities showed a significant increase of 142.38%, totaling CNY 47,411,558.91 year-to-date[4] - Cash flow from operating activities was ¥496,300,532.97, down from ¥547,445,096.44, a decline of about 9%[20] - Total cash inflow from investment activities was $52.33 million, compared to $5.13 million in the prior period, indicating a strong recovery in investment cash flow[21] - Cash outflow from investment activities increased to $164.59 million from $48.99 million, resulting in a net cash flow from investment activities of -$112.26 million, worsening from -$43.87 million[21] - Cash inflow from financing activities was $318 million, down from $484.48 million in the previous period, reflecting a decrease in borrowing[21] - Cash outflow from financing activities rose to $422.07 million from $180.80 million, leading to a net cash flow from financing activities of -$104.07 million, compared to a positive $303.68 million previously[21] - The net increase in cash and cash equivalents was -$169.66 million, contrasting with a positive increase of $147.64 million in the prior period[21] - The ending balance of cash and cash equivalents stood at $284.27 million, slightly up from $271.35 million in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,783,060,273.36, a decrease of 2.63% from the end of the previous year[4] - Total current assets amount to 1,304,493,736.03 CNY, down from 1,410,121,998.64 CNY at the beginning of the period, representing a decrease of approximately 7.5%[14] - Total liabilities decreased slightly to ¥1,261,909,560.62 from ¥1,282,330,505.67, a reduction of about 1.6%[15] - Non-current liabilities increased to ¥632,934,708.34 from ¥511,651,612.52, representing a growth of approximately 24%[15] - The company’s long-term borrowings increased by 95.26% to CNY 310,277,000.00, indicating new financing activities[7] - The company’s total liabilities decreased by 55.82% for current liabilities due to repayment of part of the borrowings[7] Shareholder Information - Total number of common shareholders at the end of the reporting period is 46,865[10] - The largest shareholder, Qisheng Holdings Limited, holds 6.37% of shares, totaling 52,914,712 shares[10] Operational Metrics - Operating income from other sources surged by 16,576.59%, amounting to CNY 5,901,062.20, mainly due to non-repayable receivables[8] - The company’s cash paid for the purchase of fixed assets increased by 267.33% to CNY 159,586,088.86, reflecting higher investment in power station construction[8] - Accounts receivable decreased from 473,098,883.79 CNY to 359,939,719.34 CNY, a reduction of approximately 24%[14] - Inventory increased from 181,190,404.57 CNY to 225,479,576.31 CNY, an increase of about 24.4%[14] Accounting and Governance - The company did not undergo an audit for the third quarter financial report[22] - The new accounting standards will be first implemented starting in 2025, affecting the financial statements from the beginning of that year[22] - The board of directors of Jiawei New Energy Co., Ltd. convened on October 25, 2025[23]