天原股份(002386) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥2,821,621,478, a decrease of 16.39% compared to the same period last year[5]. - Net profit attributable to shareholders increased by 113.90% to ¥15,054,883.23 for the quarter, and by 132.63% to ¥31,693,371.45 year-to-date[5]. - The basic earnings per share for the quarter was ¥0.0116, reflecting an increase of 113.94% year-on-year[5]. - Total operating revenue for the current period was ¥8,489,943,718.24, a decrease of 14.92% from ¥9,974,756,461.02 in the previous period[22]. - Net profit for the current period was ¥3,936,510.69, compared to a net loss of ¥114,620,271.32 in the previous period, indicating a significant recovery[23]. - Earnings per share (EPS) for the current period was ¥0.0243, a turnaround from a loss of ¥0.0746 per share in the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,275,786,839.86, a decrease of 1.86% from the end of the previous year[5]. - Current assets decreased to CNY 5,565,494,785.92 from CNY 6,298,361,159.62, reflecting a decline of approximately 11.6%[19]. - Non-current assets increased to CNY 13,710,292,053.94 from CNY 13,343,543,895.20, representing an increase of about 2.8%[20]. - Total liabilities decreased to CNY 10,839,983,065.25 from CNY 11,768,486,862.71, reflecting a decrease of about 7.9%[20]. - Total liabilities amounted to ¥11,635,924,130.86, a slight decrease from ¥12,016,116,895.68 in the previous period[21]. Cash Flow - The company reported a net cash flow from operating activities of ¥51,830,795.09, which is an increase of 125.20% year-to-date[5]. - The net cash flow from operating activities was 51,830,795.09, a significant improvement from the previous year's negative cash flow of -205,713,088.87[27]. - Cash inflow from operating activities totaled ¥10,048,854,528.92, a decrease of 11.05% from ¥11,298,093,676.51 in the previous period[26]. - The net cash flow from financing activities decreased by 45.93% to 22,609,044, primarily due to a proactive reduction in debt financing scale after issuing corporate bonds[10]. - The net cash flow from investing activities was -537,070,065.17, slightly better than the previous year's -587,000,878.23[27]. Equity and Shareholder Information - The company’s equity attributable to shareholders increased by 0.55% to ¥7,514,126,616.82 compared to the end of the previous year[5]. - The total number of ordinary shareholders at the end of the reporting period was 51,283[12]. - Total equity attributable to shareholders of the parent company was ¥7,514,126,616.82, an increase from ¥7,472,903,056.44 in the previous period[21]. Expenses and Gains - The company's tax expenses increased by 126.38% to 33,172,834, reflecting higher income tax provisions[10]. - Non-recurring gains and losses for the quarter totaled -¥98,267.71, with significant impacts from non-normal shutdown losses[6]. - The company received government subsidies related to normal business operations amounting to ¥9,526,084.31 during the quarter[6]. - The company has identified several tax benefits as recurring gains, including a VAT deduction of ¥38,680,568.59 under advanced manufacturing policies[7]. Other Financial Metrics - The weighted average return on net assets was 0.20% for the quarter, a decrease of 1.56% compared to the previous year[5]. - Trading financial assets increased by 121.77% to 818,225,000, primarily due to changes in the fair value of futures held during the period[9]. - Prepayments rose by 67.97% to 251,308,928, attributed to stable supply of key raw materials[9]. - Investment income decreased by 120.70%, resulting in a loss of 10,388,035, primarily due to reduced profits from futures delivery investments compared to the same period last year[10]. - The company's long-term payables increased by 73.92% to 102,011,471, mainly due to new financing leases[9]. Legal and Compliance - The company’s litigation case resulted in a judgment requiring a payment of CNY 15,583,604.32[18]. - The company did not undergo an audit for the third quarter financial report[29]. - The company will implement new accounting standards starting in 2025, but this does not apply to the current reporting period[28].