ZBD(SH:603567)2025-10-27 09:40Financial Performance - The company's operating revenue for the third quarter was ¥204,775,131.76, a decrease of 44.14% compared to the same period last year[3] - The total profit for the third quarter was -¥350,538,468.09, representing a decline of 456.59% year-on-year[3] - The net profit attributable to shareholders was -¥294,808,449.23, a significant drop of 6,798.17% compared to the previous year[3] - The basic earnings per share for the third quarter was -¥0.3136, down 6,917.39% year-on-year[3] - Total revenue for the first three quarters of 2025 was CNY 918,803,288.12, a decrease of 54.7% compared to CNY 2,029,396,710.78 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was a loss of CNY 375,638,904.85, compared to a profit of CNY 396,434,638.66 in the same period of 2024[20] - The total comprehensive income attributable to the parent company for the first three quarters of 2025 was -373,098,345.72 CNY, compared to 397,733,293.18 CNY in the same period of 2024, indicating a significant decline[21] - The company reported a basic and diluted earnings per share of -0.3969 CNY for the first three quarters of 2025, compared to 0.4233 CNY and 0.4226 CNY respectively in the same period of 2024[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,796,553,751.25, a decrease of 7.21% from the end of the previous year[4] - The company's total assets decreased to CNY 11,796,553,751.25 from CNY 12,712,631,463.50 year-over-year[17] - Current liabilities increased to CNY 3,556,783,211.46 from CNY 2,520,276,122.92, representing a rise of 41.0%[16] - Long-term borrowings decreased significantly to CNY 607,000,000.00 from CNY 1,546,000,000.00, a reduction of 60.7%[16] - The total equity attributable to shareholders decreased to CNY 7,288,279,720.76 from CNY 7,800,611,827.44, a decline of 6.6%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥223,271,909.47[3] - The net cash flow from operating activities for the first three quarters of 2025 was 223,271,909.47 CNY, a recovery from a negative cash flow of -171,898,694.24 CNY in the same period of 2024[23] - Cash received from sales of goods and services decreased to 1,291,395,030.87 CNY in the first three quarters of 2025, down from 1,485,758,005.68 CNY in 2024, reflecting a decline of approximately 13%[22] - The net cash outflow from investing activities for the first three quarters of 2025 was -585,047,150.17 CNY, compared to a positive cash flow of 26,387,968.91 CNY in the same period of 2024[23] - Cash and cash equivalents at the end of the third quarter of 2025 stood at 202,729,523.20 CNY, a decrease from 943,179,188.92 CNY at the end of the same period in 2024[23] - The company experienced a net cash decrease of 847,583,720.84 CNY in the first three quarters of 2025, compared to a decrease of 503,009,900.25 CNY in the same period of 2024[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,893[11] - The largest shareholder, Heilongjiang Chuangda Group Co., Ltd., holds 50.05% of shares, totaling 470,985,300 shares[11] - The second-largest shareholder holds 9.01% of shares, totaling 84,772,958 shares[11] - The company has no significant changes in the top 10 shareholders or their participation in financing and securities lending[13] - There are no related party transactions among the top shareholders listed[12] Operational Challenges - The decline in revenue was primarily due to lower shipment volumes and a decrease in product prices[8] - The company anticipates continued challenges in sales scale and credit impairment losses affecting future performance[9] Other Information - The company reported a total non-recurring gains and losses of ¥23,599,994.76 for the current period[7] - Research and development expenses increased to CNY 19,522,837.29 from CNY 15,794,348.20, indicating a growth of 23.4%[19] - The company reported a significant increase in tax expenses, with a tax expense of CNY -89,308,222.52 compared to CNY 42,253,434.21 in the previous year[20] - The company has not disclosed any new strategies or future outlook in the provided documents[12] - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first implementation[24]