汉马科技(600375) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥1,607,454,326.33, representing a year-on-year increase of 35.74%[4] - Year-to-date operating revenue totaled ¥4,454,673,371.37, reflecting a growth of 44.54% compared to the same period last year[4] - The net profit attributable to shareholders for the third quarter was ¥12,904,368.97, with a year-to-date net profit of ¥40,632,622.00[4] - The basic earnings per share for the third quarter was ¥0.01, and year-to-date it was ¥0.03[5] - The net profit for the first three quarters of 2025 was CNY 41,863,652.63, a turnaround from a net loss of CNY 401,256,026.92 in the previous year[22] - The company reported a basic and diluted earnings per share of CNY 0.03, compared to a loss of CNY 0.57 per share in the same period of 2024[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥8,259,363,874.59, an increase of 11.30% from the end of the previous year[5] - The total liabilities increased to CNY 4,936,435,167.71 in 2025 from CNY 4,145,714,985.95 in 2024, reflecting a growth of 19.1%[19] - The total equity attributable to shareholders increased to CNY 3,344,417,085.03, up from CNY 3,298,382,017.76 in the previous year[19] Cash Flow - The company reported a net cash flow from operating activities of -¥54,004,641.58 year-to-date[4] - Cash inflow from operating activities for the first three quarters of 2025 was $1,955,046,400.56, an increase of 10.5% compared to $1,769,967,894.23 in the same period of 2024[25] - Net cash flow from operating activities was -$54,004,641.58, an improvement from -$188,986,942.05 in the previous year[26] - Cash outflow from investing activities totaled $13,500,254.64, compared to $32,223,054.91 in the first three quarters of 2024, indicating a reduction of 58.2%[26] - The ending cash and cash equivalents balance for the first three quarters of 2025 was $801,522,940.60, down from $328,722,517.32 in 2024[27] - The company reported a net cash decrease of $232,247,874.02 for the first three quarters of 2025, contrasting with a net increase of $142,346,514.10 in the same period of 2024[27] Sales and Market Expansion - The increase in operating revenue was primarily driven by an increase in product sales[8] - The company's revenue growth is primarily driven by the rapid increase in new energy products, with new energy heavy truck sales reaching 7,290 units, a year-on-year increase of 114.98%[13] - New energy vehicle sales accounted for 81.36% of total sales, up from 1.83% in 2020, with new energy business revenue for the first nine months of 2025 reaching RMB 3.452 billion, representing 85.92% of total vehicle and engine revenue, a year-on-year growth of 80.09%[13] - The company is actively expanding its market presence in the green shipping sector, with the first vessel powered by its alcohol-hydrogen system successfully launched in Shanghai[14] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 118,050,911.28, slightly up from CNY 113,364,105.68 in 2024[21] Non-Recurring Gains and Losses - Non-recurring gains and losses for the current period totaled ¥38,800,589.12, with year-to-date non-recurring gains and losses amounting to ¥94,703,719.74[7]