Revenue and Profit - The company's revenue for Q3 2025 was ¥632,947,358.75, representing a 9.79% increase year-over-year, but a 14.66% decrease for the year-to-date period[5] - Net profit attributable to shareholders for Q3 2025 was ¥22,881,787.45, down 73.72% year-over-year, and down 47.57% year-to-date[5] - The basic and diluted earnings per share for Q3 2025 were both ¥0.06, reflecting a 73.91% decrease compared to the same period last year[5] - Total operating revenue for the current period is ¥1,745,719,809, a decrease of 14.6% from ¥2,045,698,394 in the previous period[22] - Net profit for the current period is ¥114,106,900.86, a decline of 47.5% compared to ¥217,648,474.44 in the previous period[23] - Basic and diluted earnings per share are both ¥0.29, down from ¥0.59 in the previous period[24] - The total comprehensive income for the current period is ¥114,868,875.48, a decrease from ¥217,779,890.61 in the previous period[24] Assets and Liabilities - Total assets at the end of Q3 2025 reached ¥4,904,987,615.57, an increase of 10.84% from the end of the previous year[5] - The total current assets increased to CNY 3,888,924,446.02 from CNY 3,409,810,371.85, reflecting a growth of approximately 14.1%[19] - The total assets reached CNY 4,904,987,615.57, up from CNY 4,425,315,332.28, indicating an increase of about 10.8%[21] - The total liabilities decreased slightly to CNY 1,745,912,055.41 from CNY 1,774,769,798.00, showing a reduction of approximately 1.6%[20] - The company reported a decrease in short-term borrowings to CNY 269,870,429.58 from CNY 371,739,198.23, a reduction of about 27.5%[20] - The non-current liabilities decreased to CNY 22,517,882.49 from CNY 28,289,036.99, showing a decline of approximately 20.5%[20] Cash Flow - The cash flow from operating activities showed a net outflow of ¥15,475,213.34 year-to-date, a significant decline of 123.36%[5] - Net cash flow from operating activities decreased by 123.36% to -$15,475,213.34, primarily due to a larger decrease in cash inflows compared to cash outflows[12] - Cash inflow from investing activities increased by 3934.53% to $68,269,040.39, mainly due to an increase in interest received from large certificates of deposit[12] - Cash outflow from investing activities decreased by 41.94% to $131,251,230.17, primarily due to reduced cash payments for fixed asset purchases[12] - Net cash flow from investing activities improved by 71.93% to -$62,982,189.78, attributed to increased interest received and decreased cash payments for fixed assets[12] - Cash inflow from financing activities rose by 77.28% to $856,543,976.66, mainly due to increased IPO fundraising and note discounting[12] - Cash outflow from financing activities surged by 262.62% to $802,534,551.05, primarily due to increased repayments of loans and note discounting[12] - Net cash flow from financing activities decreased by 79.37% to $54,009,425.61, reflecting increased IPO funds and higher repayments of loans and notes[12] - The impact of exchange rate fluctuations on cash and cash equivalents increased by 295.70% to $53,415,527.93, primarily due to exchange rate volatility[12] Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,671, with no preferred shareholders having restored voting rights[14] - The largest shareholder, Xu Tao, holds 41.96% of shares, totaling 173,037,202 shares[14] Inventory and Receivables - The company experienced a 41.56% increase in accounts receivable, totaling ¥1,419,538,285.88, due to an increase in unreceived futures payments[9] - The inventory balance grew to CNY 975,510,493.94 from CNY 879,213,454.56, reflecting an increase of about 10.9%[19] Financial Expenses and Investment Income - Financial expenses for Q3 2025 were reported at -¥153,893,912.14, a drastic increase of 940.53% compared to the previous year, mainly due to increased foreign exchange gains[11] - The company recorded a significant loss in investment income of -¥23,216,720.81, attributed to losses from foreign exchange hedging derivatives and fees from expired options[11] Accounting Standards - The new accounting standards will be implemented starting from 2025, affecting the financial statements from the beginning of that year[27] Audit Status - The third quarter financial report of Shenzhen Shihang New Energy Co., Ltd. has not been audited[27]
首航新能(301658) - 2025 Q3 - 季度财报