扬农化工(600486) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 reached CNY 2,922,780,836.51, representing a year-on-year increase of 26.15%[5] - The total profit for the period was CNY 296,082,302.76, showing a slight increase of 0.13% compared to the same period last year[5] - The net profit attributable to shareholders decreased by 5.01% to CNY 249,545,765.09[5] - Total revenue for the first three quarters of 2025 reached ¥9,156,301,932.22, an increase of 14.2% compared to ¥8,015,697,859.55 in the same period of 2024[22] - Operating profit for the first three quarters of 2025 was ¥1,248,863,833.26, up from ¥1,187,082,282.62 in the first three quarters of 2024, reflecting a growth of 5.2%[22] - Net profit for the first three quarters of 2025 reached ¥1,055,797,182.65, a slight increase of 2.6% compared to ¥1,026,323,014.97 in the same period of 2024[24] - The net profit margin for the first three quarters of 2025 was approximately 13.6%, compared to 14.8% in the same period of 2024, indicating a decrease in profitability[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 2,125,801,113.29, reflecting a significant decline of 31.50%[10] - Cash flow from operating activities for the first three quarters of 2025 was ¥2,125,801,113.29, down 31.5% from ¥3,103,545,535.39 in 2024[26] - Total cash inflow from operating activities was ¥9,171,613,066.42, slightly increasing from ¥9,157,013,272.91 in the previous year[26] - Cash outflow from operating activities increased to ¥7,045,811,953.13, compared to ¥6,053,467,737.52 in 2024, marking a rise of 16.4%[26] - The company's cash and cash equivalents increased to ¥1,759,470,110.91 from ¥1,618,026,888.46, marking a growth of 8.7%[18] - The cash and cash equivalents at the end of the period totaled ¥1,663,747,569.03, an increase from ¥1,477,837,497.99 at the end of the same period last year[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 18,619,356,788.58, an increase of 5.40% from the end of the previous year[7] - Total assets as of September 30, 2025, amounted to ¥18,619,356,788.58, compared to ¥17,664,818,218.90 at the end of 2024, indicating an increase of 5.4%[20] - Current assets totaled ¥8,951,724,347.39 as of September 30, 2025, a significant rise from ¥7,181,950,809.61 at the end of 2024, representing an increase of 24.7%[18] - Total liabilities as of September 30, 2025, were ¥7,341,894,903.13, compared to ¥7,122,251,673.36 at the end of 2024, reflecting an increase of 3.1%[20] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 6.97% to CNY 11,270,404,152.01[7] - The company's total equity increased to ¥11,277,461,885.45 as of September 30, 2025, from ¥10,542,566,545.54 at the end of 2024, representing a growth of 6.9%[20] Earnings and Expenses - The basic earnings per share for the quarter was CNY 0.619, down 4.21% year-on-year[5] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥2.615, up from ¥2.524 in 2024, reflecting a growth of 3.6%[24] - Research and development expenses for the first three quarters of 2025 were ¥277,695,720.58, compared to ¥249,458,370.83 in the same period of 2024, an increase of 11.3%[22] Comprehensive Income - The total comprehensive income for the first three quarters of 2025 was ¥1,040,921,314.89, compared to ¥1,022,869,743.16 in 2024, reflecting a growth of 1.8%[24] - The company reported a decrease in other comprehensive income after tax, amounting to -¥14,875,867.76 in 2025, compared to -¥3,453,271.81 in 2024[24] Non-Recurring Items - Non-recurring gains and losses for the period totaled CNY 1,820,311.28, with a year-to-date total of CNY 11,804,517.43[9]