北元集团(601568) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥2,195,780,613.74, a decrease of 13.52% compared to the same period last year[3]. - The total profit for the period was ¥86,485,215.44, down 13.24% year-on-year[3]. - Net profit attributable to shareholders was ¥75,484,475.43, reflecting a decline of 27.51% compared to the previous year[3]. - The basic earnings per share for the quarter was ¥0.02, a decrease of 33.33% year-on-year[4]. - Total operating revenue for the first three quarters of 2025 was CNY 6,761,645,834.08, a decrease of 9.87% compared to CNY 7,505,223,405.77 in the same period of 2024[16]. - Net profit for the first three quarters of 2025 was CNY 213,749,403.94, a decline of 10.87% from CNY 239,835,917.55 in 2024[18]. - The company’s total comprehensive income for the first three quarters of 2025 was CNY 214,443,153.94, down from CNY 239,835,917.55 in 2024, a decrease of 10.56%[18]. - The operating profit for the first three quarters of 2025 was CNY 173,023,533.75, down from CNY 302,356,485.51 in the first three quarters of 2024, reflecting a decline of 42.7%[25]. - The company reported a total comprehensive income of CNY 152,610,592.67, significantly lower than CNY 264,415,958.90 in the previous year[26]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥321,183,091.01, down 67.13% compared to the previous year[3]. - Cash inflow from operating activities for the first three quarters of 2025 was CNY 3,977,033,437.99, down from CNY 5,308,929,872.70 in 2024, a decrease of 25.00%[19]. - The net cash flow from operating activities for the period was CNY 321,183,091.01, significantly lower than CNY 977,186,188.82 in the previous year, indicating a decrease of 67.2%[20]. - Total cash inflow from operating activities is CNY 3,729,829,552.83, a decline of 21.5% compared to CNY 4,756,391,848.01 in the previous year[27]. - Cash outflow from operating activities is CNY 3,449,444,693.31, reduced by 16.8% from CNY 4,146,923,816.86 in 2024[28]. - The company reported a net cash outflow from investing activities of CNY 108,856,169.85, an improvement from a net outflow of CNY 550,783,852.87 in the previous year[20]. - Cash flow from investment activities shows a net outflow of CNY 49,490,630.47, an improvement from a net outflow of CNY 470,641,759.45 in the previous year[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,915,524,553.72, a decrease of 4.17% from the end of the previous year[4]. - The company reported total current assets of approximately ¥5.14 billion as of September 30, 2025, a decrease from ¥5.43 billion on December 31, 2024[12]. - Total non-current assets amounted to approximately ¥8.78 billion, down from ¥9.09 billion in the previous period[13]. - The total assets of the company were approximately ¥13.92 billion, compared to ¥14.52 billion at the end of 2024[14]. - Current liabilities decreased to approximately ¥2.25 billion from ¥2.67 billion in the previous period[14]. - The total liabilities of the company were approximately ¥2.46 billion, down from ¥2.88 billion[14]. - The total assets as of September 30, 2025, amounted to CNY 13,923,771,790.97, down from CNY 14,602,219,161.90 at the end of 2024, representing a reduction of 4.6%[23]. - The total liabilities decreased to CNY 2,688,347,462.10 from CNY 3,127,030,735.45, marking a decline of 14.0%[23]. Shareholder Information - The company has a significant shareholder, Shaanxi Coal and Chemical Industry Group, holding 35.31% of shares[11]. - The company has no significant changes in the top 10 shareholders or their participation in margin financing[12]. - The company reported a pledge of 110 million shares by shareholder Wang Wenming[11]. Research and Development - Research and development expenses increased to CNY 67,465,876.45 in 2025 from CNY 44,920,425.32 in 2024, representing a growth of 50.23%[16]. - Research and development expenses increased to CNY 60,211,412.47 in the first three quarters of 2025, compared to CNY 43,045,000.33 in the same period of 2024, reflecting a growth of 39.9%[25]. Earnings Per Share - The diluted earnings per share also decreased by 33.33% to ¥0.02 for the current period[4]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.05, compared to CNY 0.06 in the same period of 2024[18]. - Basic and diluted earnings per share for the current period are CNY 0.04, a decrease from CNY 0.07 in the same period last year[26]. Other Financial Metrics - Non-recurring gains and losses for the period totaled -¥10,172,522.85, impacting overall profitability[7]. - The decline in net profit was attributed to a decrease in the sales price of main products[8]. - The company incurred a financial expense of CNY -71,762,312.49, which is an improvement compared to CNY -95,276,699.75 in the previous year[25]. - The company reported an asset impairment loss of CNY 460,602,409.82 for the first three quarters of 2025, compared to CNY 323,868,367.15 in 2024, an increase of 42.24%[17]. - The total equity decreased to CNY 11,235,424,328.87 from CNY 11,475,188,426.45, a decline of 2.1%[24]. Accounting Standards - The company has not adopted new accounting standards for the current reporting period[29].