森林包装(605500) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥820,822,724.12, an increase of 42.45% compared to the same period last year[4] - The total profit for the third quarter was a loss of ¥34,050,607.72, representing a decrease of 161.88% year-on-year[4] - The net profit attributable to shareholders for the third quarter was a loss of ¥1,168,239.21, down 102.50% compared to the previous year[4] - Year-to-date revenue until the reporting period was ¥1,981,009,749.48, reflecting a growth of 17.03% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 1,981,009,749.48, an increase of 17.1% compared to CNY 1,692,762,038.21 in the same period of 2024[19] - Total operating costs increased to CNY 2,061,176,312.01, up 28.0% from CNY 1,611,127,035.69 year-over-year[19] - Net profit for the first three quarters of 2025 was a loss of CNY 7,958,749.11, compared to a profit of CNY 135,017,399.34 in the same period of 2024[20] - Operating profit for the first three quarters of 2025 was a loss of CNY 44,499,852.33, down from a profit of CNY 131,434,587.02 in the previous year[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,340,589,285.14, an increase of 8.27% from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,328,625,698.59, a decrease from ¥1,381,885,354.51 as of December 31, 2024[15] - Total liabilities increased to ¥1,619,105,951.61 from ¥1,206,483,046.30 year-over-year[16] - Total assets as of September 30, 2025, are ¥4,340,589,285.14, up from ¥4,009,085,128.94 as of December 31, 2024[15] - Non-current assets increased to ¥3,011,963,586.55 from ¥2,627,199,774.43 year-over-year[15] - The company has a total equity of ¥2,721,483,333.53 as of September 30, 2025[16] - The company's total equity decreased to CNY 2,721,483,333.53 from CNY 2,802,602,082.64 year-over-year[18] Cash Flow - The cash flow from operating activities for the year-to-date was a negative ¥30,520,125.67, indicating a decline of 261.19%[5] - Cash flow from operating activities was CNY 2,153,502,445.41, an increase from CNY 1,716,339,812.48 in the first three quarters of 2024[23] - Operating cash inflow totaled $2,213,943,771.41, an increase from $1,786,247,160.79 in the previous period, reflecting a growth of approximately 24%[24] - Operating cash outflow amounted to $2,244,463,897.08, compared to $1,767,312,626.05, resulting in a net cash flow from operating activities of -$30,520,125.67, down from $18,934,534.74[24] - Investment cash inflow was $757,100,681.31, significantly higher than $383,884,395.32, indicating a growth of about 97%[24] - Investment cash outflow reached $1,166,623,895.72, up from $993,669,794.38, leading to a net cash flow from investing activities of -$409,523,214.41, an improvement from -$609,785,399.06[24] - Financing cash inflow totaled $441,575,947.41, compared to $361,887,603.91, marking an increase of approximately 22%[25] - Financing cash outflow was $97,554,765.21, up from $70,631,269.14, resulting in a net cash flow from financing activities of $344,021,182.20, compared to $291,256,334.77[25] - The net increase in cash and cash equivalents was -$97,681,481.66, a decrease from -$303,247,251.60 in the previous period[25] - The ending balance of cash and cash equivalents was $141,402,491.01, down from $191,847,489.49[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,600[12] - The top 10 shareholders hold a total of 22.34% (92,578,722 shares) by Lin Qijun, followed by Lin Qiqun with 19.15% (79,360,891 shares)[12] Other Information - The company reported non-recurring gains and losses totaling ¥252,502.47 for the third quarter[7] - The increase in operating revenue was attributed to the production capacity coming online from the "60,000 tons digital inkjet paper industry upgrade project"[10] - The basic and diluted earnings per share for the third quarter were both ¥0.00, a decrease of 100% compared to the same period last year[5] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.07, down from CNY 0.33 in the same period of 2024[21] - Other comprehensive income after tax for the first three quarters of 2025 was a loss of CNY 670,293.89, compared to a loss of CNY 37,353.78 in the previous year[21] - Research and development expenses for the first three quarters of 2025 were CNY 59,762,516.04, slightly up from CNY 58,695,646.25 in the same period of 2024[20] - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[26]