茂化实华(000637) - 2025 Q3 - 季度财报

Financial Performance - Q3 2025 revenue was CNY 823,454,925.98, a decrease of 11.88% year-over-year[5] - Net profit attributable to shareholders was CNY -11,071,451.09, an increase in loss of 45.76% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -28,411,053.14, down 27.84% year-over-year[5] - The company reported total operating revenue of CNY 2,303,616,239.40 for the current period, a decrease of approximately 19.2% compared to CNY 2,852,495,462.23 in the previous period[20] - The company’s net loss attributable to shareholders was CNY -211,540,105.03, compared to CNY -117,809,526.36 in the previous period, indicating a worsening of approximately 79.4%[20] - The total comprehensive income for the period is -104,701,705.78 CNY, slightly better than -110,590,044.21 CNY from the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,097,226,634.77, a decrease of 12.32% from the end of the previous year[5] - Current assets totaled CNY 625,415,505.12, a decline from CNY 830,352,316.24, representing a decrease of about 24.7%[18] - The company's total liabilities decreased to CNY 1,439,668,357.64 from CNY 1,633,783,213.13, a reduction of approximately 11.9%[20] - The company’s long-term investments decreased to CNY 39,016,137.46 from CNY 45,663,429.27, a decline of about 14.6%[18] Shareholder Information - Shareholders' equity attributable to the listed company was CNY 554,832,003.16, down 14.00% from the end of the previous year[5] - The company’s major shareholder, Maoming Port Group, completed a share buyback plan, acquiring 3,379,200 shares, representing 0.65% of the total share capital, for approximately ¥12.43 million[13] - The total number of ordinary shareholders at the end of the reporting period was 27,825[11] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -45,350,637.29, a decrease of 130.17% year-to-date[5] - The company reported a net cash outflow from operating activities of ¥-45,350,637.29, a decrease of 130.17% compared to ¥150,295,522.76 in the previous period[10] - The net cash flow from financing activities is -62,949,755.98 CNY, an improvement from -105,631,271.78 CNY year-over-year[23] - The ending cash and cash equivalents balance is 192,709,848.60 CNY, up from 149,776,555.08 CNY at the end of the previous period[23] Operating Costs and Expenses - Total operating costs amounted to CNY 2,432,529,766.11, down from CNY 2,946,187,976.75, reflecting a reduction of about 17.4%[20] - Research and development expenses decreased by 55.29% to ¥5,553,726.12 from ¥12,422,760.70 mainly due to a reduction in R&D projects[10] - The company’s research and development expenses were CNY 5,553,726.12, down from CNY 12,422,760.70, indicating a decrease of about 55.3%[20] Non-Recurring Gains and Losses - Non-recurring gains and losses totaled CNY 17,339,602.04 for the reporting period, compared to CNY 14,796,895.02 for the same period last year[6] - The company reported a government subsidy of CNY 15,000.00, which is included in non-recurring gains[6] - The company has not identified any other non-recurring gains and losses beyond those reported[8]