嘉美包装(002969) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 reached ¥782,637,508.67, an increase of 11.38% compared to the same period last year[4] - Net profit attributable to shareholders was ¥19,418,650.48, reflecting a growth of 15.08% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥18,986,990.90, up 21.31% from the previous year[4] - Total operating revenue for the current period is CNY 2,039,240,964.48, a decrease from CNY 2,079,508,874.68 in the previous period[19] - Net profit for the current period is CNY 39,160,214.22, down from CNY 74,243,533.85 in the previous period, representing a decline of approximately 47.3%[20] - Basic and diluted earnings per share for the current period are both CNY 0.0410, compared to CNY 0.0774 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,307,275,179.40, a decrease of 4.06% from the end of the previous year[4] - The company’s total assets as of September 30, 2025, amount to 4,307,275,179.40 yuan, a decrease from 4,489,680,655.19 yuan at the beginning of the period[17] - Current assets total 1,507,587,411.12 yuan, down from 1,726,002,496.27 yuan at the beginning of the period[17] - Total liabilities amount to CNY 1,905,272,787.79, a decrease from CNY 2,053,171,622.88 in the previous period[18] - Total equity attributable to shareholders of the parent company is CNY 2,402,002,391.61, down from CNY 2,436,509,032.31 in the previous period[18] Cash Flow - The company reported a net cash flow from operating activities of ¥321,177,106.41, down 18.25% year-on-year due to reduced cash received from sales[9] - Cash flow from operating activities for the current period is CNY 321,177,106.41, down from CNY 392,894,490.26 in the previous period[22] - Net cash flow from investing activities was -$206.20 million, compared to -$171.83 million in the previous period, indicating a decrease in investment returns[23] - Cash inflow from financing activities totaled $40 million, down from $233.40 million in the previous period, reflecting reduced borrowing[23] - Cash outflow from financing activities was $397.93 million, compared to $438.34 million in the previous period, showing a slight decrease in cash used for financing[23] - The net increase in cash and cash equivalents was -$242.83 million, contrasting with a positive increase of $16.12 million in the previous period[23] - The ending balance of cash and cash equivalents was $72.76 million, down from $91.15 million in the previous period[23] Business Strategy and Market Expansion - The company is expanding its market by exporting three-piece tinplate beer cans and two-piece aluminum cans to Vietnam, enhancing its beverage service platform[10] - The company has successfully reduced reliance on a single major customer, improving the risk profile of its customer base[10] - New business models and customer orders have shown sustainable growth, particularly in the beverage service platform covering various popular drink categories[10] - The company has seen a significant increase in order quantities and frequencies from some major clients, indicating a positive trend in its contract manufacturing business[10] - The overall performance remains stable despite a significant decline compared to the previous year, aligning with the average level for a "small year" in the beverage industry[9] - The company is actively expanding into new markets, including the export of three-piece tin beer cans and two-piece aluminum cans to Vietnam, achieving positive results[11] - The number of orders in the traditional core business remains stable at an average level for a "small year," laying a foundation for sustainable development[11] - The company's strategy of becoming a "full-industry chain beverage service platform" is progressing well, with positive trends in traditional core customer growth, new customers, new products, and new business developments[11] - The first major customer’s proportion and reliance on a single major customer have significantly decreased, indicating effective business structure adjustments[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 25,481, with no preferred shareholders[13] - The largest shareholder, China Food Packaging Co., Ltd., holds 44.75% of the shares, amounting to 427,547,807 shares[13] Research and Development - Research and development expenses for the current period are CNY 5,904,675.87, down from CNY 6,691,002.59 in the previous period[19] - Other income increased to CNY 9,804,392.29 from CNY 7,322,320.10 in the previous period[20] Audit and Oversight - The company did not undergo an audit for the third quarter financial report, indicating potential limitations in financial oversight[24]