经纬辉开(300120) - 2025 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2025 was CNY 640,255,897.43, a decrease of 37.34% compared to the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 23,345,266.61, representing a decline of 233.36% year-over-year[3] - Basic and diluted earnings per share were both CNY -0.0406, down 233.34% from the previous year[3] - Total operating revenue for the current period is ¥1,915,180,012.09, a decrease of 27% from ¥2,619,980,221.17 in the previous period[24] - Net profit for the current period is a loss of ¥9,270,542.34, compared to a profit of ¥65,692,152.96 in the previous period, indicating a significant decline in profitability[25] - Basic and diluted earnings per share for the current period are both -¥0.0161, compared to ¥0.1144 in the previous period, reflecting a downturn in earnings[26] - The total comprehensive income for the current period is -¥1,900,056.03, down from ¥56,758,521.64 in the previous period, indicating overall financial challenges[26] Cash Flow - The net cash flow from operating activities increased by 203.49% year-to-date, totaling CNY 164,261,529.34[3] - The net cash flow from operating activities is ¥164,261,529.34, an increase from ¥54,124,332.79 in the previous period, showing improved cash generation[27] - The net cash inflow from investment activities was $45,129,283, compared to a net outflow of $30,446,613 in the previous period, indicating a significant improvement[28] - Cash inflow from financing activities totaled $899,768,204.56, while cash outflow was $1,084,862,786.73, resulting in a net cash outflow of $185,094,582.17[28] - The cash and cash equivalents at the end of the period amounted to $714,635,854.82, an increase from $688,301,356.13 at the beginning of the period[28] - The company reported a cash inflow from the disposal of subsidiaries and other business units of $112,036,800[28] - The cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $17,013,637.84, down from $42,035,424.01 in the previous period[28] - The total cash inflow from investment activities was $132,679,392.97, compared to $40,749,940.00 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,640,308,749.59, an increase of 2.52% from the end of the previous year[3] - Current assets amounted to CNY 2,678,469,835.64, up from CNY 2,475,258,539.89 at the start of the period, indicating a growth of approximately 8.2%[20] - The company's cash and cash equivalents decreased to CNY 775,424,089.25 from CNY 836,415,865.09, reflecting a decline of about 7.3%[19] - Accounts receivable increased significantly to CNY 848,312,495.76 from CNY 686,876,317.29, representing a growth of approximately 23.5%[19] - Inventory levels rose to CNY 774,970,428.86 from CNY 696,824,317.82, marking an increase of about 11.2%[20] - Total liabilities increased to CNY 1,651,064,133.49 from CNY 1,540,583,142.59, reflecting a rise of approximately 7.2%[21] - The company’s long-term investments decreased to CNY 166,247,388.84 from CNY 176,872,082.01, indicating a decline of about 6.5%[20] - Short-term borrowings slightly decreased to CNY 530,194,693.90 from CNY 539,339,946.00, a reduction of approximately 1.9%[21] - The company’s total equity remains stable at CNY 574,393,929.00, unchanged from the previous period[21] Research and Development - Research and development expenses increased to ¥63,105,613.65 from ¥59,176,610.20, highlighting continued investment in innovation[24] Other Financial Metrics - The company reported a 184.23% increase in credit asset losses compared to the same period last year[12] - The company experienced a 100% decrease in asset impairment losses compared to the previous year[12] - Other comprehensive income after tax for the current period is ¥7,370,486.31, compared to a loss of ¥8,933,631.32 in the previous period, indicating a recovery in this area[25] - The company did not undergo an audit for the third quarter financial report[29] - The company will implement new accounting standards starting from 2025[30]