浙江恒威(301222) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥199,499,675.12, a decrease of 1.20% compared to the same period last year[4] - Net profit attributable to shareholders was ¥25,224,188.92, down 0.66% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥24,057,487.98, an increase of 4.83%[4] - Year-to-date net profit attributable to shareholders decreased by 29.79% to ¥61,237,191.89, with a year-to-date net profit after deducting non-recurring gains and losses down 32.92% to ¥55,747,458.88[4] - The basic earnings per share for Q3 2025 was ¥0.2516, reflecting a decrease of 29.02% year-on-year[4] - The company's total revenue for the current period was ¥474,699,003.68, a decrease from ¥515,437,677.92 in the previous period[22] - The net profit for the current period is 61,237,191.89, a decrease of 29.7% compared to 87,217,627.82 in the previous period[24] - Operating profit for the current period is 70,754,205.79, down 30.4% from 101,708,070.84 in the previous period[24] - The total comprehensive income for the current period is 52,341,319.00, compared to 87,088,190.74 in the previous period, reflecting a significant decline[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,608,237,355.39, an increase of 6.89% from the end of the previous year[4] - The company's total assets as of September 30, 2025, amounted to ¥1,608,237,355.39, an increase from ¥1,504,563,452.76 at the beginning of the period[19][21] - Total current assets increased to ¥1,259,725,087.20 from ¥1,202,643,601.10[19] - Total liabilities rose to ¥175,327,557.61 from ¥85,914,916.07[21] - The company's retained earnings increased to ¥410,482,826.10 from ¥379,318,114.20[21] Cash Flow - The company reported a significant increase in cash flow from operating activities, with a net cash flow of ¥83,465,280.76, up 364.28% year-to-date[4] - Cash flow from operating activities generated a net amount of 83,465,280.76, a turnaround from a negative cash flow of -31,582,605.36 in the previous period[27] - Cash inflow from investment activities totaled 2,017,274,799.20, an increase from 1,864,742,499.15 in the previous period[27] - Cash outflow from investment activities was 2,104,141,539.29, compared to 1,899,995,705.55 in the previous period, indicating increased investment spending[27] - The ending cash and cash equivalents balance is 821,872,083.72, down from 861,367,184.03 at the end of the previous period[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,429[9] - The largest shareholder, Jiaxing Hengmao Enterprise Management Co., Ltd., holds 38.13% of the shares, totaling 38,220,150 shares[10] - Wang Jianping, a significant shareholder, holds 12.48% of the shares, amounting to 12,511,725 shares, with 9,383,794 shares under lock-up[10] - Wang Jianhong holds 9.37% of the shares, totaling 9,390,675 shares, with 7,043,006 shares under lock-up[10] - Wang Xiaoyang, another key shareholder, owns 4.94% of the shares, which is 4,954,200 shares, with 3,715,650 shares under lock-up[10] - The company has a total of 20,179,950 shares that were newly restricted during the reporting period[12] - The company has not disclosed any changes in the shareholding structure of the top 10 shareholders due to margin trading activities[10] Share Repurchase - The company plans to repurchase shares using between RMB 25 million and RMB 50 million, at a price not exceeding RMB 36.50 per share, within 12 months from the board's approval date[13] - The maximum repurchase price for shares has been adjusted to RMB 36.20 per share due to dividend distributions[14] - The company repurchased a total of 1,091,800 shares, accounting for 1.08% of the total share capital, with a total transaction amount of ¥25,047,815.46[15] - The share repurchase price ranged from a minimum of ¥19.65 to a maximum of ¥26.25 per share[15] - Following the repurchase, the company decided to cancel the repurchased shares, reducing the total share capital from ¥101,333,400 to ¥100,241,600[16] Organizational Changes - The company adjusted its organizational structure, eliminating the supervisory board and introducing a worker representative director position[17] Tax and Expenses - The company reported a tax expense of 9,437,837.56, down from 14,752,599.70 in the previous period, reflecting a lower tax burden[24] - Research and development expenses for the current period were 14,859,224.54, a decrease from 16,649,026.57 in the previous period[24] Market Impact - The decline in net profit was primarily attributed to the impact of the US-China trade war, increased competition, and a reduction in export tax rebate rates from 13% to 9%[7] Foreign Exchange - The company experienced a foreign exchange loss of -8,895,872.89, compared to a loss of -129,437.08 in the previous period, indicating increased volatility in currency exchange[24]