华帝股份(002035) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥1,357,836,624.53, a decrease of 7.93% compared to the same period last year[5] - Net profit attributable to shareholders was ¥83,716,563.62, down 19.66% year-on-year[5] - The basic earnings per share decreased by 19.70% to ¥0.1007[5] - Total operating revenue decreased to ¥4,157,645,421.56 from ¥4,575,581,449.41, representing a decline of approximately 9.1% year-over-year[17] - Net profit attributable to shareholders decreased to ¥355,759,635.70 from ¥403,791,138.21, reflecting a decline of approximately 11.9% year-over-year[18] - Basic and diluted earnings per share decreased to ¥0.4281 from ¥0.4848, a drop of about 11.6% year-over-year[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,992,901,181.79, a decline of 4.18% from the previous year[5] - The total assets decreased from CNY 7,298,082,229.49 to CNY 6,992,901,181.79, reflecting a decline of approximately 4.2%[14] - Current assets decreased from CNY 5,045,816,848.08 to CNY 4,716,193,827.23, a reduction of about 6.5%[14] - Total liabilities decreased from CNY 3,474,111,500.18 to CNY 3,063,256,574.01, a decline of around 11.9%[15] - Accounts payable decreased from CNY 771,677,085.74 to CNY 615,324,964.89, a reduction of about 20.3%[15] Cash Flow - Cash flow from operating activities for the year-to-date was ¥299,536,385.94, down 19.54% compared to the previous year[9] - Cash flow from operating activities generated ¥299,536,385.94, down from ¥372,278,733.70, a decrease of approximately 19.5% year-over-year[20] - Cash and cash equivalents at the end of the period decreased to ¥812,923,651.24 from ¥1,039,658,497.13, a decline of about 21.8%[22] - The company experienced a 35.30% decrease in cash and cash equivalents, totaling ¥1,081,511,620.80, primarily due to changes in financial product principal[9] Shareholder Information - The company has a total of 35,516 common shareholders at the end of the reporting period[11] - The company repurchased a total of 16,589,882 shares, accounting for 1.96% of the current total share capital[12] Contract Liabilities - The company reported a significant increase in contract liabilities by 66.95% to ¥360,813,720.69, attributed to increased prepayments from promotional activities[9] - The company's contract liabilities increased from CNY 216,118,143.96 to CNY 360,813,720.69, reflecting an increase of about 67%[15] Expenses - Total operating costs reduced to ¥3,812,128,674.03 from ¥4,231,827,707.73, a decrease of about 9.9% year-over-year[17] - Research and development expenses decreased to ¥171,833,062.82 from ¥196,394,411.76, a reduction of approximately 12.5% year-over-year[17] - Other income decreased to ¥45,091,856.92 from ¥84,359,808.73, a decline of about 46.4% year-over-year[17] Investment and Financing Activities - Investment activities resulted in a net cash outflow of ¥596,106,152.43, compared to a smaller outflow of ¥248,805,555.66 in the previous period[21] - Financing activities generated a net cash outflow of ¥235,075,576.82, an improvement from a larger outflow of ¥316,864,439.41 in the previous period[22] Additional Information - The third quarter financial report of Vatti Co., Ltd. has not been audited[23] - The new accounting standards will be implemented starting from 2025[23] - The financial statement items related to the first year of the new accounting standards will be adjusted[23] - The board of directors of Vatti Co., Ltd. issued the report on October 28, 2025[23]