Financial Performance - The company's operating revenue for the third quarter was ¥666,937,913.33, a decrease of 3.38% compared to the same period last year[4] - The total profit for the third quarter was -¥2,871,767.46, representing a decline of 109.33% year-on-year[4] - The net profit attributable to shareholders for the third quarter was ¥1,875,834.06, down 93.47% from the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,366,540.80, a decrease of 94.72% compared to the same period last year[4] - The basic earnings per share for the third quarter was ¥0.01, a decline of 94.74% year-on-year[5] - The diluted earnings per share for the third quarter was also ¥0.01, reflecting a 94.74% decrease compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 was CNY 2,480,803,265.32, a decrease of 6.9% compared to CNY 2,665,734,815.31 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 49,583,853.41, a decline of 56.6% compared to CNY 114,473,087.02 in 2024[19] - Operating profit for the first three quarters of 2025 was CNY 52,493,670.15, down 59.2% from CNY 128,700,443.23 in 2024[19] - Total comprehensive income attributable to the parent company was CNY 45,842,339.75 for the first three quarters of 2025, compared to CNY 111,852,181.60 in the same period of 2024, reflecting a significant decrease[20] - Basic and diluted earnings per share were CNY 0.18 for the first three quarters of 2025, down from CNY 0.75 in the same period of 2024[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,463,285,918.61, an increase of 2.30% compared to the end of the previous year[5] - The company's total assets increased to CNY 2,463,285,918.61 in 2025 from CNY 2,407,832,304.35 in 2024, reflecting a growth of 2.3%[16] - Total liabilities rose to CNY 908,144,232.94 in 2025, compared to CNY 874,158,554.63 in 2024, marking an increase of 3.1%[16] - Shareholders' equity totaled CNY 1,555,141,685.67 in 2025, up from CNY 1,533,673,749.72 in 2024, indicating a growth of 1.4%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥27,761,998.98, a decline of 165.22% compared to the previous year[4] - Net cash flow from operating activities was negative CNY 27,761,998.98 for the first three quarters of 2025, compared to positive CNY 42,564,596.87 in the same period of 2024[21] - Cash inflow from operating activities totaled CNY 2,744,129,374.32, an increase from CNY 2,477,350,499.04 in the previous year[21] - Cash outflow from operating activities increased to CNY 2,771,891,373.30, compared to CNY 2,434,785,902.17 in the same period of 2024[21] - Net cash flow from investing activities was negative CNY 37,332,591.60, an improvement from negative CNY 109,784,319.13 in the previous year[21] - Cash inflow from financing activities was CNY 257,000,000.00, down from CNY 320,000,000.00 in the same period of 2024[21] - Cash outflow from financing activities increased to CNY 253,843,581.13, compared to CNY 200,427,352.81 in the previous year[21] - The ending cash and cash equivalents balance was CNY 379,343,776.85, compared to CNY 164,263,440.77 at the end of the same period in 2024[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,308[11] - The largest shareholder, Zhongyan Anhui Hong Sifang Co., Ltd., holds 172,900,000 shares, accounting for 66.50% of total shares[11] - The company has no significant changes in major shareholders or their participation in margin trading[12] Operational Status - There are no other significant reminders regarding the company's operational status during the reporting period[13] - The company will not apply new accounting standards starting from 2025[22] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 52,715,447.65, slightly higher than CNY 50,829,852.82 in 2024[18] Financial Expenses - Financial expenses decreased significantly to CNY 2,161,663.90 in 2025 from CNY 5,473,747.00 in 2024[19] - The company reported a decrease in interest expenses to CNY 3,397,847.06 in 2025 from CNY 7,523,749.90 in 2024[19]
红四方(603395) - 2025 Q3 - 季度财报