新大洲控股(000571) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥143,077,823.75, a decrease of 14.92% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥24,041,166.76, representing an increase in loss of 53.12% year-on-year[5]. - The company reported a 30.98% decrease in year-to-date operating revenue, totaling ¥394,581,434.73[11]. - Operating revenue for the first nine months of 2025 was RMB 394.58 million, a decrease of 30.98% compared to RMB 571.71 million in the same period of 2024, primarily due to reduced coal sales by Wujin Group[14]. - The company reported a net loss of ¥121.64 million for the current period, compared to a net loss of ¥84.71 million in the previous period[23]. - The net profit attributable to the parent company was -102,111,962.54 CNY, compared to -78,056,799.68 CNY in the previous period, indicating a decline of approximately 30.7%[24]. - The total comprehensive income attributable to the parent company was -84,826,102.85 CNY, a decrease from -72,127,053.15 CNY, reflecting a worsening performance[24]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥137,337,994.32, a significant decrease of 383.07% compared to the previous year[10]. - Cash flow from operating activities generated a net outflow of -137,337,994.32 CNY, contrasting with a positive inflow of 48,516,646.96 CNY in the prior period[25]. - The company reported cash inflows from operating activities of 439,078,312.19 CNY, down 39.9% from 729,788,865.30 CNY in the previous period[26]. - Total cash and cash equivalents at the end of the period stood at 285,641,564.18 CNY, down from 508,228,362.12 CNY, representing a decrease of approximately 43.8%[27]. - Cash and cash equivalents decreased by 47.57% to ¥285,728,783.32 due to operational payments and fixed asset purchases[13]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,548,908,428.88, down 2.22% from the end of the previous year[5]. - Total assets decreased to ¥2.55 billion from ¥2.61 billion, a reduction of 2.5%[21]. - Total liabilities increased to ¥1.68 billion from ¥1.63 billion, an increase of 3.5%[21]. - The company's equity attributable to shareholders decreased to ¥141.89 million from ¥226.93 million, a decline of 37.4%[21]. - A debt of RMB 80 million from the wholly-owned subsidiary, New Dazhou (Zhejiang) Trading Co., is overdue, representing 35.71% of the company's latest audited net assets[17]. - The company has failed to repay debts to China Great Wall Asset Management Co., Ltd., totaling approximately ¥245.48 million, which accounts for 108.17% of the company's latest audited net assets[18]. Operational Metrics - The inventory increased by 290.93% to ¥120,119,935.09, attributed to higher coal stock levels[13]. - The company experienced a 67.19% increase in accounts payable, reaching ¥192,263,510.41, indicating higher operational liabilities[13]. - Accounts receivable increased to ¥37.02 million from ¥13.20 million, a significant rise of 180.67%[20]. - R&D expenses dropped by 83.26% to RMB 1.46 million from RMB 8.74 million year-on-year, attributed to decreased R&D spending by Wujin Group[14]. - Other income fell by 77.29% to RMB 185,013.55 from RMB 814,579.11, mainly due to a reduction in wage stabilization subsidies received by Wujin Group[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,726, with no preferred shareholders[15]. - The largest shareholder, Dalian Hesheng Holdings Group, holds 12.85% of shares, with 81.2 million shares pledged[15]. Impairment and Losses - Credit impairment losses increased by 198.71% to RMB 4.26 million from RMB 1.43 million, primarily due to the reversal of bad debt provisions from the previous year[14]. - Minority interests loss increased by 193.40% to RMB 19.53 million from RMB 6.66 million, reflecting a significant operational loss recognized by Wujin Group during the reporting period[14]. Fair Value Changes - Fair value changes showed a loss of RMB 879.03, a 92.28% improvement from a loss of RMB 11,386.71, due to decreased valuation losses on equity held in Hangzhou Changyu Asset Management Partnership[14].