Grandbuy(SZ:002187)2025-10-28 10:30Financial Performance - The company's operating revenue for Q3 2025 was ¥538,759,095.51, a decrease of 40.23% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥15,643,727.28, representing a decline of 148.13% year-on-year[5]. - The company reported a 31.60% decrease in total operating income year-on-year, attributed to a slowdown in macroeconomic growth and adjustments in business operations[9]. - Operating profit decreased by 158.60% year-on-year, primarily due to the dual pressure on consumer capacity and willingness amid a slowing macroeconomic growth, leading to adjustments in business layout and closure of inefficient stores[12]. - Total profit decreased by 171.25% compared to the same period last year, reflecting the same pressures and adjustments in business strategy[12]. - Net profit decreased by 155.06% year-on-year, following the trend of total profit changes[12]. - Comprehensive income decreased by 111.94% compared to the same period last year, mainly due to the reduction in net profit[13]. - Net profit for the current period is a loss of ¥29,002,049.35, compared to a profit of ¥52,677,616.28 in the previous period, representing a significant decline[27]. - The company reported a total comprehensive income of -¥8,075,000.37, compared to ¥67,610,218.81 in the previous period[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,106,220,170.41, down 21.98% from the end of the previous year[5]. - The company's current assets decreased to RMB 2,418,482,237.83 from RMB 3,521,814,575.02, indicating a reduction of approximately 31.4%[23][24]. - The total liabilities decreased to RMB 3,055,955,168.82 from RMB 5,023,775,599.60, reflecting a decline of about 39.2%[24]. - The total owner's equity decreased to RMB 4,050,264,001.59 from RMB 4,085,125,000.00, reflecting a decline of approximately 0.9%[24]. - The total non-current assets decreased to RMB 4,687,737,932.58 from RMB 5,586,953,321.30, indicating a decline of approximately 16.1%[24]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥57,456,498.45, a decrease of 118.98% year-to-date[5]. - Cash flow from operating activities decreased by 118.98% year-on-year, attributed to reduced retail income and increased payments to suppliers and taxes[14]. - Cash inflow from operating activities totaled ¥4,929,543,712.03, down from ¥6,781,810,857.58 in the previous period[29]. - Cash inflow from financing activities totaled $213.21 million, a decrease from $651.80 million in the previous period[30]. - Cash outflow from financing activities amounted to $1.22 billion, compared to $914.31 million previously[30]. - Net cash flow from financing activities was -$1.01 billion, worsening from -$262.51 million year-over-year[30]. - The ending balance of cash and cash equivalents was $405.77 million, down from $587.72 million in the prior period[30]. - The company’s cash and cash equivalents decreased by $484.27 million during the period[30]. Operating Costs and Income - The total operating costs decreased by 30.64% compared to the same period last year, primarily due to the reduction in operating revenue[11]. - Financial expenses decreased by 55.95% year-on-year, mainly due to reduced bank interest and lease interest expenses[11]. - The company experienced a 258.76% increase in other income, primarily from increased government subsidies received[11]. - Investment income increased by 108.28% year-on-year, attributed to higher returns from joint ventures[11]. - Cash received from investment income decreased by 43.51% compared to the same period last year, mainly due to a decrease in interest from fixed deposits[14]. - Cash outflow from investment activities decreased by 93.86% year-on-year, primarily due to no new fixed deposit investments this period[14]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 34,293[18]. - The company received a total of RMB 1,509,263.52 in cash dividends from the compensation shares returned by Lingnan Capital[21]. - The company repurchased and canceled 3,144,299 shares at a total price of RMB 1, completing the compensation plan[21]. Other Information - The third quarter financial report was not audited[31]. - The company is set to implement new accounting standards starting in 2025[32].