创源股份(300703) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 reached ¥605,207,649.04, an increase of 9.34% compared to the same period last year[5] - Net profit attributable to shareholders was ¥29,862,859.23, reflecting a growth of 34.24% year-on-year[5] - The basic earnings per share (EPS) for the period was ¥0.1655, up 34.31% from the previous year[5] - Total operating revenue for the current period reached ¥1,601,560,575.10, an increase of 15.6% compared to ¥1,385,070,175.48 in the previous period[15] - Net profit for the current period was ¥98,834,201.76, representing a 33.8% increase from ¥73,874,210.93 in the previous period[16] - Earnings per share (EPS) for the current period was ¥0.4416, compared to ¥0.3309 in the previous period, reflecting a growth of 33.6%[17] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥2,033,108,523.72, representing a 6.99% increase from the end of the previous year[5] - Total assets increased to ¥2,033,108,523.72 from ¥1,900,208,938.78, representing an increase of about 7%[13] - Total liabilities increased to ¥1,028,883,765.47 from ¥947,871,163.57, indicating a rise of approximately 8.5%[14] - Total current liabilities decreased to ¥635,159,816.48 from ¥740,292,542.02, a reduction of approximately 14.2%[13] - Long-term borrowings increased significantly to ¥307,050,000.00 from ¥147,100,000.00, indicating a growth of over 108%[13] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥84,951,270.46, a significant increase of 479.36%[5] - Cash flow from operating activities generated a net amount of ¥84,951,270.46, a significant recovery from a negative cash flow of ¥22,393,368.78 in the prior period[18] - The company received cash inflows from operating activities totaling ¥1,532,606,577.73, an increase from ¥1,233,495,539.23 in the prior period, reflecting a growth of 24.3%[18] - Cash outflow for debt repayment was $289.25 million, compared to $116.82 million previously, showing a substantial rise in debt servicing costs[19] - The ending cash and cash equivalents balance was $501.38 million, down from $352.72 million, reflecting a decrease in liquidity[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,697[10] - The largest shareholder, Zhejiang Ninglv Enterprise Management Co., Ltd., holds 29.27% of shares, totaling 52,793,000 shares[10] - The number of shares held by the top ten shareholders does not include any pledged or frozen shares[10] - The company has no preferred shareholders or changes in restricted shares during the reporting period[11] Expenses and Costs - The company reported a 35.47% increase in sales expenses, totaling ¥209,615,320.19, primarily due to growth in the cross-border e-commerce sector[9] - The company’s financial expenses increased by 237.27%, amounting to ¥4,614,139.32, mainly due to exchange rate fluctuations[9] - The company reported a decrease in research and development expenses to ¥43,018,735.34 from ¥46,156,568.73, a decline of 6.2%[15] - Total operating costs amounted to ¥1,475,416,843.07, up 14% from ¥1,297,097,614.47 in the prior period[15] Government Support - The company received government subsidies totaling ¥6,032,767.21, a 143.73% increase compared to the previous year[9] Other Financial Metrics - Other comprehensive income after tax for the current period was -¥7,095,633.44, compared to -¥4,294,736.83 in the previous period, indicating a worsening of 65.3%[16] - The company reported a total non-current asset value of ¥813,173,818.46, up from ¥713,298,378.59, marking a rise of about 14%[13] Future Outlook - The company plans to implement new accounting standards starting in 2025, which could impact future financial reporting[20] - The company did not undergo an audit for the third quarter financial report, which may affect investor confidence[20]