天桥起重(002523) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 reached ¥476,465,813.69, representing a 25.26% increase compared to ¥380,386,977.76 in the same period last year[5] - Net profit attributable to shareholders was ¥41,288,147.26, a significant increase of 618.70% from a loss of ¥7,959,960.78 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥17,799,560.52, up 292.42% from a loss of ¥9,250,285.15 in the same period last year[5] - The basic earnings per share (EPS) for Q3 2025 was ¥0.029, reflecting a 550.00% increase from ¥-0.006 in the same period last year[5] - The net profit attributable to shareholders increased by 383.58% to $85,201,465.95, driven by higher delivery volumes of core products and investment income[12] - The net profit attributable to the parent company's shareholders increased to ¥85,201,465.95, compared to ¥17,618,985.55 in the previous period, representing a growth of 384.5%[21] - Operating profit surged to ¥86,817,905.97, compared to ¥11,745,894.88 in the previous period, reflecting a significant increase of 638.5%[21] - Total comprehensive income reached ¥117,153,819.14, compared to a loss of ¥5,924,709.12 in the previous period, marking a turnaround[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,649,598,334.90, a decrease of 0.96% from ¥4,694,759,462.62 at the end of the previous year[5] - Total liabilities decreased to CNY 2,067,579,594.25 from CNY 2,210,982,759.52, reflecting a decline of approximately 6.5%[19] - The equity attributable to the parent company increased to CNY 2,505,222,268.77 from CNY 2,400,174,119.80, representing a growth of about 4.4%[19] - The company reported a decrease in short-term borrowings to CNY 60,000,000.00 from CNY 87,729,472.40, a reduction of approximately 31.7%[19] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥56,376,839.60, a decline of 226.09% compared to a net inflow of ¥44,709,906.38 in the previous year[5] - Net cash flow from operating activities decreased by 226.09% to -$56,376,839.60, mainly due to reduced net inflows from government subsidies and other operating activities[12] - The net cash flow from investing activities worsened by 287.51% to -$166,567,132.21, as the company increased its short-term financial investments[12] - The net cash flow from financing activities improved by 63.72% to -$56,918,918.33, as the company replaced high-interest debt with low-cost financing[12] Investments and Expenses - Research and development expenses rose by 34.70% to $79,557,597.20, reflecting increased investment in product intelligence and digitalization[11] - Investment income surged by 388.70% to $30,097,453.57, primarily from dividends received from investment projects[12] - The total operating costs amounted to CNY 1,240,418,303.34, up from CNY 1,054,444,785.34, indicating an increase of about 17.6%[20] Government Support and Taxation - The company received government subsidies amounting to ¥3,409,759.83 during the reporting period, contributing positively to its financial performance[7] - Tax payable increased by 92.03% to $24,566,814.08, driven by the growth in total profit leading to higher statutory tax burdens[11] - The total tax expenses amounted to ¥6,508,942.91, compared to a tax benefit of ¥3,113,960.35 in the previous period[21] Other Financial Metrics - The weighted average return on net assets was 1.68%, up from -0.34% in the previous year[5] - Cash and cash equivalents at the end of the period decreased to ¥476,448,630.43 from ¥594,158,696.90, a drop of 19.8%[24] - Sales revenue from goods and services received cash of ¥1,368,012,337.23, an increase from ¥1,215,616,006.35, reflecting a growth of 12.5%[23]