金杯电工(002533) - 2025 Q3 - 季度财报

Revenue and Profitability - The company's revenue for Q3 2025 reached ¥5,434,182,458.55, representing a year-on-year increase of 13.30%[4] - Net profit attributable to shareholders was ¥167,756,435.84, up 11.05% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥152,489,072.73, reflecting a significant increase of 29.25% year-on-year[4] - Total operating revenue for the current period reached CNY 14,084,828,215.93, up from CNY 12,515,749,623.72, reflecting a growth of 12.57%[26] - The net profit for the current period is CNY 535,515,578.54, an increase of 11.87% compared to CNY 478,808,910.00 in the previous period[24] - The company reported a total comprehensive income of CNY 639,961,031.82, compared to CNY 540,820,976.98 in the previous period, indicating an increase of 18.29%[24] - The basic and diluted earnings per share increased to CNY 0.6322 from CNY 0.5815, representing a growth of 8.09%[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥11,903,142,615.01, an increase of 15.06% from the end of the previous year[4] - Shareholders' equity attributable to the parent company was ¥4,308,522,897.40, up 9.43% compared to the end of the previous year[4] - Total liabilities amount to $9.191 billion, indicating a manageable debt level relative to assets[20] - The total non-current liabilities decreased to ¥793,596,618.91 from ¥1,021,978,464.47, reflecting a decline of approximately 22.3%[21] - Total current assets reached ¥8,986,958,973.16, up from ¥7,606,329,735.66 in the previous period[19] - The total number of ordinary shareholders at the end of the reporting period was 41,278[16] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥1,201,029,075.38, a decline of 152.82% year-to-date[4] - Net cash flow from operating activities fell by 152.82% to -¥1,201,029,075.38, influenced by increased maturity of notes payable and higher employee compensation payments[14] - The net cash flow from investing activities improved by 35.84% to -¥399,112,789.97, due to reduced cash outflows for bank wealth management products and external investments[14] - The net cash flow from financing activities increased by 218.50% to ¥531,573,223.14, primarily due to increased note discount financing[14] - The cash and cash equivalents at the end of the period decreased to CNY 665,219,380.93 from CNY 822,527,022.57, a decline of 19.14%[28] Investments and Expenses - The company's long-term equity investments rose by 107.79% to ¥99,617,100.56, due to increased investments in joint ventures[10] - Financial expenses increased by 33.89% to ¥40,462,470.50, primarily due to reduced interest income and increased financing costs[12] - Investment income surged by 161.42% to ¥26,870,751.41, mainly attributed to increased ineffective hedging gains[12] - Research and development expenses increased to ¥490,720,319.94 from ¥436,068,700.85, reflecting a growth of approximately 12.5%[23] Inventory and Borrowings - Inventory grew by 49.72% to ¥1,994,961,992.53, attributed to rising copper prices and increased production scale[10] - The company's short-term borrowings increased by 248.68% to ¥768,851,223.58, driven by increased business volume and financing needs[10] - Short-term borrowings stand at $7.688 billion, which may impact liquidity management strategies[20] - The company has $1.123 billion in accounts payable, suggesting a need for effective cash flow management[20]