Financial Performance - Revenue for Q3 2025 was CNY 162,055,247.86, a decrease of 3.72% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 10,705,023.80, down 55.66% year-on-year[5] - Basic earnings per share decreased by 56.10% to CNY 0.18[5] - The company’s net profit for the year-to-date period decreased by 63.29% to CNY 20,070,081.64[5] - Total operating revenue decreased to ¥405,003,238.68 from ¥431,071,808.24, representing a decline of approximately 6.06% year-over-year[26] - Total profit decreased to ¥17,119,878.91 from ¥59,497,734.87, a decline of approximately 71.2% year-over-year[27] - Basic and diluted earnings per share fell to ¥0.34 from ¥0.93, a decrease of approximately 63.4% year-over-year[27] Assets and Liabilities - Total assets increased by 3.32% to CNY 1,253,926,936.65 compared to the end of the previous year[5] - As of September 30, 2025, the total assets amounted to ¥1,253,926,936.65, an increase from ¥1,213,610,911.62 at the beginning of the period, reflecting a growth of approximately 3.32%[22][24] - The total liabilities increased to ¥240,824,286.79 from ¥182,723,165.46, marking an increase of approximately 31.73%[23] - The company's equity attributable to shareholders decreased to ¥1,013,102,649.86 from ¥1,030,887,746.16, a decrease of about 1.73%[24] Cash Flow - Cash flow from operating activities decreased by 58.38% to CNY 15,953,124.03[5] - Net cash flow from operating activities dropped by 58.38% to CNY 15,953,124.03, mainly attributed to increased employee expenses[11] - Cash and cash equivalents at the end of the period decreased by 36.85% to CNY 41,344,810.44, primarily due to reduced cash flow from operating activities[11] - The cash inflow from investment activities decreased by 53.01% to CNY 643,557,628.74, mainly due to the redemption of financial products[11] - The cash outflow from investment activities decreased by 57.90% to CNY 773,822,309.20, primarily due to reduced purchases of financial products[11] - The net cash increase in cash and cash equivalents was CNY -156,416,955.44, a decrease of 66.90%[11] - The cash flow from investment activities resulted in a net outflow of CNY -130,264,680.46, a decrease of 72.19%[11] - Operating cash flow net amount was ¥15,953,124.03, down from ¥38,332,421.00, indicating a decrease of approximately 58.5% year-over-year[28] - Cash and cash equivalents at the end of the period were ¥41,344,810.44, down from ¥65,466,563.81, a decrease of about 36.8% year-over-year[29] Research and Development - Research and development expenses rose by 50.93% to CNY 49,881,817.35, reflecting increased investment in new product development[10] - Research and development expenses rose significantly to ¥49,881,817.35 from ¥33,049,311.60, reflecting a growth of approximately 51.1% year-over-year[26] - The total comprehensive income decreased by 62.18% to CNY 20,680,489.94, primarily due to increased R&D expenses[11] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,949[13] - The largest shareholder, Chen Yimin, holds 17.53% of the shares, totaling 10,255,100 shares[13] - The company plans to reduce its shares by up to 581,693 shares, representing 1% of the total share capital, within three months following the disclosure of the reduction plan[20] Investments and Mergers - The company completed its first capital contribution to an industrial fund, resulting in a long-term equity investment of CNY 16,000,000.00[10] - The company completed the absorption merger of its wholly-owned subsidiary, Changshu Yinghuate Environmental Technology Co., Ltd., with the merger finalized on July 24, 2025[18] - The company has invested ¥40,000,000 in a new partnership fund, holding a 40% share in the Changshu Xieli Yinghuate Venture Capital Partnership, which has a total subscribed capital of ¥100,000,000[19] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 32.12% to CNY 82,790,506.53, attributed to increased credit sales[10] - The company reported accounts receivable of ¥82,790,506.53, up from ¥62,662,177.49, indicating an increase of approximately 32.06%[22] - The company's inventory increased to ¥67,000,797.80 from ¥61,733,519.51, reflecting an increase of about 8.06%[22]
英华特(301272) - 2025 Q3 - 季度财报