CRUN(SZ:002272)2025-10-28 10:25Financial Performance - The company's operating revenue for the third quarter was ¥458,235,334.45, a decrease of 17.88% compared to the same period last year[5] - The net profit attributable to shareholders was ¥1,915,142.30, down 92.52% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥1,980,528.55, a decrease of 109.98%[5] - The company achieved a total operating revenue of RMB 1.262 billion for the first three quarters, representing a year-on-year growth of 5.11%[18] - The net profit attributable to shareholders was a loss of RMB 21.6564 million, which is a reduction in loss by 30.14% year-on-year[18] - Total operating revenue for the third quarter reached ¥1,262,311,172.38, an increase of 5.3% compared to ¥1,200,902,286.32 in the previous year[24] - The net loss for the period was ¥17,616,850.81, an improvement from a net loss of ¥29,061,614.64 in the same period last year[25] - The company reported a basic and diluted earnings per share of -0.0447, compared to -0.0654 in the previous year[25] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,652,994,958.70, reflecting a 10.78% increase from the end of the previous year[5] - Total assets increased to ¥3,652,994,958.70 from ¥3,297,515,848.19, representing a growth of 10.8%[23] - Total liabilities rose to ¥2,134,264,448.64, compared to ¥1,761,108,845.98, marking an increase of 21.2%[22] - Non-current assets totaled ¥1,306,298,244.57, up from ¥1,219,337,670.26, indicating a growth of 7.2%[22] Cash Flow - Cash flow from operating activities showed a net outflow of -¥6,955,166.85, representing a 95.94% increase in outflow compared to the previous year[5] - The net cash flow from operating activities improved from a loss of RMB 171 million in the same period last year to a loss of RMB 6.9552 million[18] - Cash inflows from operating activities totaled ¥769,811,784.39, an increase from ¥684,547,365.94 in the prior year[26] - Net cash flow from operating activities was -$6.96 million, an improvement from -$171.11 million in the previous period, indicating a significant reduction in cash outflow[27] - Total cash outflow for operating activities was $776.77 million, compared to $855.65 million in the prior period, showing a decrease in operational cash outflow[27] Investments and Financing - Cash outflow from investing activities totaled -$63.02 million, compared to -$3.20 million in the prior period, reflecting increased investment expenditures[27] - Cash inflow from financing activities was $100.38 million, down from $269.05 million in the previous period, showing a decrease in financing activities[27] - Cash inflow from borrowings was $687.13 million, slightly up from $677.00 million in the previous period, reflecting stable borrowing activity[27] - Cash outflow for debt repayment was $537.62 million, down from $575.34 million in the prior period, indicating improved debt management[27] Operational Highlights - Sales revenue from new energy fluid system products increased by 40.12% year-on-year, benefiting from the growing demand in the wind power market[18] - The company is positioned to benefit from the projected annual new installed capacity of 120GW for wind power during the "14th Five-Year Plan" period[18] - The company plans to leverage its leading technology and service capabilities to capture market opportunities in the high-growth wind power sector[18] Changes and Future Outlook - The company plans to implement new accounting policies effective December 6, 2024, which may impact future financial reporting[13] - The company plans to focus on expanding its market presence and investing in new product development to drive future growth[24] Audit Status - The company’s third-quarter financial report was not audited, which may affect the reliability of the reported figures[29]