Champion Asia(SH:603386)2025-10-28 08:30Financial Performance - The company's operating revenue for the third quarter was ¥655,150,146.64, representing a year-on-year increase of 2.11%[4] - The total profit for the third quarter was a loss of ¥8,251,278.75, with a net profit attributable to shareholders of ¥-16,414,981.29, a decrease of 1,207.69% compared to the same period last year[4] - The basic earnings per share for the third quarter was -¥0.05, a decrease of 600% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,919,292,622.18, an increase of 9.34% compared to ¥1,754,998,548.83 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥27,544,361.01, a significant recovery from a loss of ¥31,862,281.45 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥21,924,980.50, compared to a net loss of ¥15,059,192.01 in 2024, indicating a turnaround in profitability[20] - Earnings per share for the first three quarters of 2025 were ¥0.07, compared to a loss per share of ¥0.05 in the same period of 2024[21] - The company reported a total comprehensive income of ¥19,697,026.67 for the first three quarters of 2025, compared to a loss of ¥14,837,522.42 in 2024[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥278,710,176.86, an increase of 70.21% year-on-year[4] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately $2.12 billion, a significant increase from $1.56 billion in the same period of 2024, representing a growth of 35.4%[25] - Net cash flow from operating activities for the first three quarters of 2025 was approximately $278.71 million, compared to $163.74 million in 2024, indicating a year-over-year increase of 70%[25] - Cash received from other operating activities amounted to approximately $26.46 million in the first three quarters of 2025, compared to $20.70 million in 2024, reflecting a growth of 27.3%[25] - The company reported a cash inflow of approximately $45.38 million from tax refunds in the first three quarters of 2025, up from $24.13 million in 2024, indicating an increase of 88.1%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,560,305,022.67, reflecting a 6.35% increase from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,336,103,515.62, an increase from ¥1,230,704,178.62 as of December 31, 2024[16] - Total current liabilities increased to ¥1,931,646,857.08 from ¥1,735,283,985.43, reflecting a growth of approximately 11.3%[17] - The company reported a significant increase in accounts payable, which rose to ¥676,824,678.75 from ¥621,319,078.29[17] - The company's total liabilities as of the end of September 2025 were ¥2,198,513,147.81, an increase from ¥2,006,908,631.10 at the end of September 2024[20] - Total equity attributable to shareholders of the parent company increased to ¥1,361,352,288.19 from ¥1,340,648,674.19 year-on-year[20] Operational Insights - The increase in operating revenue year-to-date was attributed to a rise in sales and gross margin improvements[10] - The company experienced a decline in net profit due to rising raw material prices and a decrease in gross margin[9] - The company has not disclosed any new product developments or market expansion strategies in this report[1] - The company has not reported any changes in shareholder relationships or participation in margin trading activities[13] - The company implemented new accounting standards starting in 2024, which resulted in an increase in operating costs by ¥2,091,903.51 for the previous year, without affecting profits[22] Investment Activities - Total cash outflow from investing activities in the first three quarters of 2025 was approximately $214.29 million, up from $92.61 million in 2024, reflecting a rise of 131.5%[26] - Net cash flow from investing activities for the first three quarters of 2025 was negative at approximately -$178.39 million, worsening from -$90.51 million in 2024[26] - The company received approximately $35.90 million in cash related to investment activities in the first three quarters of 2025, compared to $2.10 million in 2024, showing a substantial increase[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,953[12] - The largest shareholder, Junya Enterprise Co., Ltd., holds 187,494,500 shares, representing 57.46% of total shares[12]