SSI(SZ:002742)2025-10-28 08:40Financial Performance - The company's operating revenue for the third quarter was ¥250,917,565.15, representing a slight increase of 0.14% compared to the same period last year, but a significant decline of 25.24% year-to-date [5]. - The net profit attributable to shareholders was -¥46,769,581.69, a decrease of 276.67% year-on-year, and a year-to-date decline of 344.30% to -¥177,748,131.00 [5]. - The company's operating profit for the current period was -165,611,768.76 CNY, compared to -479,047.78 CNY in the previous period, indicating a significant decline in profitability [16]. - The net profit for the current period was -179,007,810.88 CNY, compared to -31,555,280.05 CNY in the previous period, reflecting a worsening financial performance [17]. - The total comprehensive income for the current period was -197,091,703.48 CNY, compared to -142,883,937.35 CNY in the previous period, showing a substantial increase in losses [17]. - The company reported a decrease in sales revenue from 734,660,835.36 CNY to 578,749,349.49 CNY, representing a decline of approximately 21.2% [19]. - The basic and diluted earnings per share for the current period were -0.4115, compared to -0.0926 in the previous period, indicating a deterioration in shareholder value [17]. Cash Flow and Assets - The cash flow from operating activities showed a net inflow of ¥11,604,243.54, marking a substantial increase of 142.75% compared to the previous year [8]. - The cash flow from operating activities generated a net cash inflow of 11,604,243.54 CNY, a recovery from a net outflow of -27,142,884.89 CNY in the previous period [20]. - The cash and cash equivalents were CNY 73,226,652.68, down from CNY 88,868,835.48, a decrease of 17.5% [12]. - The cash and cash equivalents at the end of the period decreased by 17,702,550.04 CNY, compared to a decrease of 36,760,272.31 CNY in the previous period [20]. - Current assets decreased to CNY 989,166,779.95 from CNY 1,137,725,271.18, reflecting a decline of 13.1% [13]. - The total assets at the end of the reporting period were ¥2,428,860,919.59, down 7.51% from the end of the previous year [5]. - The company's total assets decreased to CNY 2,428,860,919.59 from CNY 2,626,041,333.84, a decline of 7.5% [14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,388 [9]. - The top shareholder, Pan Xianwen, holds 16.75% of the shares, totaling 72,354,232 shares, which are currently frozen [9]. - The equity attributable to shareholders decreased by 47.55% to -¥607,642,963.49 compared to the end of the previous year [5]. - The company's equity attributable to shareholders was CNY -607,642,963.49, compared to CNY -411,810,939.89 in the prior period [14]. Operating Costs and Expenses - Total operating costs amounted to CNY 903,659,688.48, down 20.7% from CNY 1,138,588,477.68 in the prior period [15]. - Research and development expenses decreased from 17,808,468.10 CNY to 12,751,325.98 CNY, a reduction of about 28.5% [16]. - The financial expenses, including interest expenses, decreased from 140,439,282.15 CNY to 134,011,650.63 CNY, indicating a slight improvement in cost management [16]. - The company experienced a significant increase in tax expenses, rising from 11,558,915.09 CNY to 10,977,694.08 CNY, despite a decrease in overall profitability [17]. Other Operating Income and Investments - The company reported a significant increase in other operating income, which rose by 2140.29% to ¥804,504.29, primarily due to incidental income from the disposal of waste materials [8]. - The company’s construction in progress increased by 64.74% to ¥20,896,739.69, mainly due to investments in a sewage treatment plant [8]. Liabilities - Total liabilities rose to CNY 2,927,766,305.88 from CNY 2,855,055,016.65, an increase of 2.5% [14]. - The net loss attributable to the parent company was CNY -1,028,931,686.23, worsening from CNY -851,183,555.23 in the previous period [14].