NUG(SH:600051)2025-10-27 09:45Financial Performance - The company's operating revenue for the third quarter was ¥302,139,115.60, a decrease of 47.66% compared to the same period last year[4] - The net profit attributable to shareholders was ¥32,035,986.72, representing a significant increase of 215.48% year-on-year[4] - The total profit for the year-to-date reached ¥51,920,060.61, showing a remarkable increase of 139.75% compared to the previous year[4] - Basic earnings per share for the quarter were ¥0.103, up 212.12% from the same period last year[5] - Total operating revenue for the first three quarters of 2025 was approximately ¥890.58 million, a decrease of 11.95% compared to ¥1,011.67 million in the same period of 2024[18] - Net profit for the first three quarters of 2025 was approximately ¥43.98 million, a significant increase of 480.5% compared to ¥7.57 million in 2024[19] - The company reported a total profit of approximately ¥51.92 million for the first three quarters of 2025, compared to ¥21.66 million in 2024[19] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.216, an increase from ¥0.177 in 2024[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,871,375,771.65, a decrease of 6.57% from the end of the previous year[5] - As of September 30, 2025, the total assets of Ningbo United Group Co., Ltd. amounted to CNY 4,871,375,771.65, a decrease from CNY 5,214,070,295.44 at the end of 2024[13] - The company's current assets totaled CNY 2,948,867,506.17, slightly up from CNY 2,915,831,013.48 in the previous year[13] - The total liabilities decreased to CNY 1,153,104,622.06 from CNY 1,502,645,931.27, indicating a reduction of about 23.2%[15] - The company's total non-current assets decreased to CNY 1,922,508,265.48 from CNY 2,298,239,281.96, a decline of about 16.4%[14] Cash Flow - The company reported a net cash flow from operating activities of ¥426,352,566.67 for the year-to-date[4] - The company reported a net cash flow from operating activities of approximately ¥426.35 million in the first three quarters of 2025, compared to a negative cash flow of ¥1.77 million in 2024[20] - The company achieved an investment activity cash flow net of approximately ¥114.91 million in the first three quarters of 2025, compared to a negative cash flow of ¥5.66 million in 2024[21] Shareholder Information - The top shareholder, Zhejiang Rongsheng Holding Group Co., Ltd., holds 29.08% of the shares, with 60 million shares pledged[10] - The equity attributable to shareholders increased to ¥3,397,620,836.59, reflecting a growth of 0.91% compared to the end of the previous year[5] - The company's equity attributable to shareholders rose to CNY 3,397,620,836.59 from CNY 3,366,870,844.59, showing a slight increase of 0.9%[15] Inventory and Receivables - Inventory increased to CNY 1,302,654,338.71 from CNY 1,182,863,179.67, reflecting a growth of approximately 10.1%[13] - Accounts receivable decreased significantly to CNY 387,489,582.98 from CNY 538,914,865.95, a decline of approximately 28%[13] Investment and Financial Expenses - The increase in net profit was largely driven by higher investment income from joint ventures and a reduction in credit impairment losses[8] - Long-term equity investments increased to CNY 375,813,158.19 from CNY 301,458,869.71, marking a growth of approximately 24.6%[14] - The company’s financial expenses for the first three quarters of 2025 were approximately ¥13.65 million, a decrease of 59% from ¥33.30 million in 2024[18] - The company’s tax expenses for the first three quarters of 2025 were approximately ¥7.94 million, a decrease of 43.5% compared to ¥14.09 million in 2024[19] Operating Costs - Total operating costs for the first three quarters of 2025 were approximately ¥919.06 million, down by 7.1% from ¥988.95 million in 2024[18]