TSGF(SZ:002800)2025-10-27 10:10Financial Performance - The company's operating revenue for Q3 2025 was ¥276,292,113.12, a decrease of 46.66% compared to the same period last year[5] - The net profit attributable to shareholders was -¥6,324,851.83, reflecting a decline of 162.10% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥5,600,110.69, down 202.65% from the previous year[5] - Total operating revenue for the current period is ¥781,928,058.59, a decrease of 22.67% compared to ¥1,011,207,009.73 in the previous period[22] - The net profit for the current period is a loss of ¥14,738,488.32, compared to a profit of ¥19,903,653.29 in the previous period, representing a significant decline[23] - The company’s total profit (loss) for the current period is -¥14,272,080.25, compared to ¥22,666,622.57 in the previous period[23] - The company’s operating profit (loss) is reported at -¥8,348,755.31, a decline from ¥25,759,224.27 in the previous period[23] Cash Flow - The cash flow from operating activities for the year-to-date was ¥115,077,787.77, an increase of 139.96%[5] - The cash flow from operating activities shows a net inflow of ¥115,077,787.77, contrasting with a net outflow of ¥287,968,148.19 in the previous period[25] - Investment activities resulted in a net cash outflow of ¥563,087.11, compared to a net outflow of ¥900,482.66 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,033,748,974.77, a decrease of 10.01% from the end of the previous year[5] - The company's total liabilities decreased from CNY 620,696,281.89 to CNY 523,262,581.10, representing a reduction of about 15.7%[20] - The company's total equity decreased from CNY 527,987,407.64 to CNY 510,486,393.67, a reduction of about 3.3%[21] - The company’s cash and cash equivalents increased to CNY 144,078,766.90 from CNY 142,582,245.59, showing a slight increase of 1.05%[19] - Accounts receivable decreased significantly from CNY 513,803,592.74 to CNY 402,062,762.11, a decline of approximately 21.8%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,619[11] - The largest shareholder, Zhoushan Tianshun Equity Investment Co., Ltd., holds 43.25% of the shares, totaling 65,856,000 shares[11] Expenses and Financial Metrics - The company's basic and diluted earnings per share were both -¥0.0415, a decrease of 189.83% compared to the same period last year[5] - The weighted average return on equity was -1.24%, down 3.17% year-on-year[5] - Financial expenses increased by 147.97% to CNY 11,011,781.32, primarily due to higher loan interest[9] - The company experienced a significant increase in financial expenses, totaling ¥11,011,781.32, compared to ¥4,440,694.86 in the previous period[22] Investments and Subsidiaries - The company established a new wholly-owned subsidiary, Xinjiang Tianxin Supply Chain Co., Ltd., with an investment of CNY 1,000,000[16] - The registered capital of Hainan Qiantai Jiyu Supply Chain Management Service Co., Ltd. was increased from CNY 2,000,000 to CNY 10,000,000 through an investment of CNY 8,000,000[17] Other Financial Metrics - The company recognized government subsidies amounting to ¥333,841.28 during the reporting period, contributing to its financial performance[6] - The company's tax and additional charges decreased by 31.45% to CNY 1,951,642.79 due to reduced business volume during the reporting period[9] - Investment income rose by 43.53% to CNY 3,782,590.08, attributed to increased returns from associated enterprises[9] - Fair value changes resulted in a gain of CNY 388,925.68, a 156.73% increase year-on-year due to fluctuations in trading financial assets[9] - Credit impairment losses surged by 391.03% to CNY -9,029,368.14, reflecting higher provisions under accounting policies[9]