晶盛机电(300316) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥2,474,269,855.06, representing a decrease of 42.87% compared to the same period last year[5] - Net profit attributable to shareholders was ¥262,097,276.52, down 69.65% year-over-year[5] - The net profit excluding non-recurring gains and losses was ¥218,854,910.61, a decline of 73.35% compared to the previous year[5] - The basic earnings per share for the period was ¥0.20, reflecting a decrease of 69.70% year-over-year[5] - Total operating revenue decreased to ¥8.27 billion from ¥14.48 billion, a decline of approximately 42.5% year-over-year[20] - Net profit for the period was ¥865.96 million, down from ¥3.24 billion, a decline of approximately 73.3% year-over-year[21] - Basic and diluted earnings per share decreased to ¥0.69 from ¥2.26, reflecting a significant drop in profitability[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥28,339,280,268.67, down 10.18% from the end of the previous year[5] - The total current assets decreased from CNY 21,142,612,098.06 to CNY 17,672,595,426.08, representing a decline of approximately 16.5%[17] - Cash and cash equivalents decreased from CNY 2,787,148,776.35 to CNY 2,412,151,080.25, a reduction of about 13.5%[17] - Inventory decreased significantly from CNY 10,884,176,752.31 to CNY 8,348,002,164.34, reflecting a decline of approximately 23.3%[17] - Accounts receivable increased from CNY 3,222,610,253.60 to CNY 3,300,258,704.40, an increase of about 2.4%[17] - The total non-current assets remained relatively stable, with a slight decrease from CNY 7,200,000,000 to CNY 7,188,000,000[17] - Total liabilities decreased to ¥9.51 billion from ¥13.62 billion, a reduction of about 30.9% year-over-year[18] - Shareholders' equity increased to ¥18.82 billion from ¥17.93 billion, reflecting a growth of approximately 5.0%[19] Cash Flow - The company reported a net cash flow from operating activities of ¥379,742,931.17, down 56.76% year-to-date[5] - Cash generated from operating activities was ¥4.32 billion, down from ¥7.34 billion, indicating a decline of about 41.0% year-over-year[23] - Net cash inflow from operating activities was $379.74 million, a decrease of 56.7% compared to $878.19 million in the previous period[24] - Cash paid for operating activities totaled $4.49 billion, a decrease from $7.04 billion in the previous period[24] - Cash received from tax refunds was $84.40 million, compared to $183.13 million in the previous period[24] Investments and Financing - The company received government subsidies amounting to ¥18,425,161.29 during the reporting period, which is a significant increase compared to previous periods[6] - The company reported a significant increase in trading financial assets from CNY 674,000,000.00 to CNY 868,000,000.00, an increase of approximately 28.9%[17] - Total cash inflow from investment activities was $4.56 billion, significantly higher than $650.57 million in the prior period[24] - Net cash outflow from investment activities was -$1.27 billion, compared to -$1.15 billion in the previous period, indicating increased investment expenditures[24] - Cash inflow from financing activities totaled $1.46 billion, slightly lower than $1.55 billion in the previous period[24] - Net cash outflow from financing activities was $175.08 million, a recovery from a net outflow of -$461.80 million in the prior period[24] Strategic Focus - The company has a strong focus on maintaining liquidity, as evidenced by the substantial cash reserves[17] - The company plans to continue its investment in technology and market expansion strategies to drive future growth[17] - The management highlighted the importance of strategic partnerships and potential acquisitions to enhance market position[17] - Research and development expenses were ¥673.03 million, down from ¥868.67 million, a decrease of about 22.5% year-over-year[20] - The company reported a significant increase in other income to ¥248.47 million from ¥127.60 million, an increase of approximately 94.9% year-over-year[20]