Financial Performance - Q3 2025 revenue was CNY 226,015,950.56, a decrease of 9.38% year-over-year[5] - Net profit attributable to shareholders was CNY 40,230,706.05, down 1.00% compared to the same period last year[5] - Basic and diluted earnings per share decreased by 25.75% to CNY 0.2012[5] - Total operating revenue for the current period reached ¥762,966,513.86, a slight increase from ¥760,684,419.75 in the previous period, representing a growth of approximately 0.3%[17] - Net profit for the current period was ¥138,627,083.48, compared to ¥137,263,893.58 in the previous period, indicating a growth of approximately 1.0%[18] Assets and Liabilities - Total assets increased by 52.10% to CNY 2,147,863,243.17 compared to the end of the previous year[5] - The total current assets increased to CNY 1,944,323,622.67 from CNY 1,214,867,088.76, reflecting a growth of approximately 60.0%[15] - The total liabilities increased to CNY 560,525,212.58 from CNY 498,483,534.82, which is an increase of about 12.4%[16] - The company reported a non-current asset total of CNY 203,539,620.50, up from CNY 197,317,742.23, reflecting a growth of about 3.7%[16] Equity - Shareholders' equity attributable to shareholders rose by 73.73% to CNY 1,587,338,030.59[5] - The company's equity increased significantly, with the share capital rising to CNY 200,000,000.00 from CNY 150,000,000.00, a growth of 33.3%[16] - The capital reserve surged to CNY 628,375,515.42 from CNY 143,365,864.48, indicating an increase of approximately 338.5%[16] - The company reported an increase in total equity attributable to shareholders to ¥1,587,338,030.59 from ¥913,701,296.17, representing an increase of approximately 73.7%[17] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 219,334,024.19 year-to-date, not applicable for the current period[5] - The net cash flow from operating activities was negative at -¥219,334,024.19, a significant decline from a positive cash flow of ¥27,315,454.40 in the previous period[19] - The company generated cash inflows from investment activities totaling ¥191,498,757.71, compared to ¥524,996.16 in the previous period[19] - The net cash flow from financing activities was positive at ¥488,303,581.97, a significant improvement from a negative cash flow of -¥50,995,079.07 in the previous period[20] Accounts and Inventory - Accounts receivable increased by 82.64% compared to the beginning of the period, attributed to higher sales amounts[9] - Accounts receivable rose significantly to CNY 542,737,237.00 from CNY 297,158,060.45, marking an increase of about 82.5%[15] - Inventory levels increased to CNY 671,889,787.02 from CNY 570,673,382.96, representing a growth of approximately 17.7%[15] - The company has a significant increase in prepayments, which rose to CNY 256,535,937.43 from CNY 154,704,940.43, marking a growth of about 65.9%[15] Expenses - Sales expenses increased by 33.67% year-over-year, primarily due to higher advertising costs[12] - Research and development expenses decreased to ¥18,628,167.46 from ¥23,799,357.03, a reduction of about 21.6%[17] Other Information - The third quarter financial report of the company has not been audited[21] - The new accounting standards will be implemented starting from 2025[22] - Investment income increased significantly year-over-year due to cash returns from purchased financial products[12] - Short-term borrowings decreased to CNY 130,897,715.27 from CNY 158,115,861.11, a reduction of approximately 17.2%[16]
古麒绒材(001390) - 2025 Q3 - 季度财报