康达新材(002669) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 reached ¥1,491,706,277.89, representing an increase of 82.70% compared to the same period last year[4] - Net profit attributable to shareholders was ¥32,874,782.37, a significant increase of 264.65% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥10,973,916.98, up by 152.51% compared to the previous year[4] - Revenue for the reporting period reached ¥3,749,809,890.48, a 72.10% increase compared to ¥2,178,859,546.56 in the same period last year, primarily driven by increased sales of adhesive products[8] - The net profit attributable to shareholders reached ¥84,048,436.95, a 209.90% improvement from a net loss of ¥76,477,138.03 in the previous year, driven by increased product sales and operational efficiency[8] - Operating profit for the current period was ¥103,882,693.22, recovering from a loss of ¥101,086,799.28 in the previous period[22] - Net profit for the current period was ¥75,266,214.44, compared to a net loss of ¥105,905,526.02 in the previous period, indicating a turnaround[22] Earnings and Shareholder Information - The company reported a basic earnings per share of ¥0.112, which is an increase of 267.16% year-on-year[4] - The basic earnings per share improved to ¥0.284 from a loss of ¥0.257, marking a 210.51% increase, attributed to enhanced profitability and operational efficiency[8] - The total number of ordinary shareholders at the end of the reporting period was 28,279, with the largest shareholder, Tangshan Industrial Holding Group Co., Ltd., holding 28.81% of shares[10] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥8,497,051,041.34, reflecting a growth of 22.43% from the end of the previous year[4] - The company's total assets reached RMB 8.50 billion, an increase from RMB 6.94 billion at the beginning of the period[18] - The company's current liabilities totaled RMB 4.85 billion, up from RMB 3.19 billion at the beginning of the period[19] - The company's non-current liabilities decreased to RMB 763.17 million from RMB 839.87 million[19] - The company's total liabilities and equity amounted to ¥8,497,051,041.34, with total equity at ¥2,887,741,658.73, slightly down from ¥2,905,718,109.27[20] Cash Flow and Operating Activities - The cash flow from operating activities showed a negative net amount of ¥427,448,070.62, indicating a decline of 199.94% compared to the previous year[4] - Cash flow from operating activities showed a net outflow of ¥427,448,070.62, contrasting with a net inflow of ¥427,698,633.72 in the previous period[24] - The company’s cash flow from operating activities was not detailed in the provided data[25] Investments and Acquisitions - Long-term equity investments increased by 146.17% to ¥405,693,254.08, primarily due to the transfer of partial equity in subsidiaries[7] - The company has registered a medium-term note issuance amounting to RMB 1 billion, valid for 2 years from the acceptance notice date[12] - The company completed a capital increase of RMB 116.67 million for its wholly-owned subsidiary Chengdu Kangda Jinrui Technology Co., Ltd., with Tianjin Tangkong Kechuang Group Co., Ltd. and Shanghai Fengfan Jingying Industrial Material Supply Co., Ltd. participating[15] - The company plans to increase capital in its Thai subsidiary, Kangda New Materials (Thailand) Co., Ltd., with a total capital increase of 9.8 million Thai Baht, raising its registered capital from 2 million to 100 million Thai Baht[16] - The company has acquired 51% of Chengdu Zhongke Huamei Electronics Co., Ltd. for RMB 275.4 million, making it a subsidiary included in the consolidated financial statements[16] - The company signed a letter of intent to acquire at least 51% of Beiyi Semiconductor Technology (Guangdong) Co., Ltd., with the transaction currently in the due diligence phase[17] Other Financial Metrics - The company received government subsidies amounting to ¥10,470,225.40 during the reporting period, contributing to its financial performance[5] - The company reported a significant increase in other income, which rose by 66.14% to ¥37,965,003.98 from ¥22,851,236.39, primarily due to government subsidies[8] - Investment income surged to ¥33,765,242.15, a staggering 6203.74% increase from ¥535,637.85, due to the transfer of partial equity in subsidiaries[8] - Research and development expenses were ¥113,046,159.44, down from ¥134,715,961.26, indicating a reduction of approximately 16.2%[21] - Other comprehensive income after tax for the current period was ¥274,426.67, compared to a loss of ¥274,064.58 in the previous period[22] Cash Management - The company's cash and cash equivalents decreased to RMB 622.88 million from RMB 799.83 million[18] - The cash and cash equivalents at the end of the period were $528.03 million, a decrease from $722.23 million at the beginning of the period[25] - The company received $1.39 billion in cash from borrowings, an increase from $1.17 billion in the previous period[25] - The company paid $1.28 billion in cash to repay debts, an increase from $1.03 billion in the previous period[25]