美力科技(300611) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 reached ¥513,105,889.20, representing a 26.08% increase year-over-year[4] - Net profit attributable to shareholders was ¥36,375,525.41, an 18.04% increase compared to the same period last year[4] - The basic earnings per share (EPS) for the period was ¥0.17, reflecting a 13.33% increase year-over-year[4] - Total revenue for the third quarter reached ¥1,412,707,060.65, an increase of 25.5% compared to ¥1,125,230,242.22 in the previous year[21] - Net profit attributable to the parent company increased to ¥408,635,780.19, compared to ¥319,896,403.69 in the previous year, reflecting a growth of 27.7%[20] - The net profit for Q3 2025 reached CNY 120,631,451.84, a significant increase of 53.7% compared to CNY 78,454,669.82 in the same period last year[22] - Operating profit for the quarter was CNY 133,652,579.57, up from CNY 85,808,087.92, reflecting a growth of 55.7% year-over-year[22] - The total comprehensive income for the quarter was CNY 129,916,969.27, compared to CNY 78,454,669.82 in the previous year, an increase of 65.5%[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,405,153,710.90, a 10.80% increase from the end of the previous year[4] - The company’s total assets reached ¥2,405,153,710.90, a growth of 10.8% from ¥2,170,674,166.45[20] - Current liabilities increased to ¥950,683,130.33, up 28.5% from ¥739,687,992.12[19] - Non-current liabilities decreased to ¥137,078,939.00 from ¥258,771,987.82, a reduction of 47.1%[19] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥160,555,205.04, showing a significant increase of 102.96%[4] - The net cash flow from operating activities increased by 102.96% to ¥160,555,205.04, primarily due to improved customer collections and higher cash received from sales[10] - Cash flow from operating activities showed a net increase of CNY 160,555,205.04, compared to CNY 79,105,092.28 in the previous year, indicating a growth of 103.1%[23] - The company reported a net cash increase of CNY 141,466,229.88 for the quarter, compared to CNY 39,533,721.66 in the same period last year, reflecting a growth of 257.5%[24] Investments and Acquisitions - The company plans to issue convertible bonds to unspecified investors, as approved in the board meetings held on March 27, 2025, and April 22, 2025[14] - The company approved the acquisition of 10.1% equity stakes in Beijing Meili Dayuan Spring Co., Ltd. and Jiangsu Meili Dayuan Spring Co., Ltd. from Dayuan Steel Co., Ltd.[15] - The company intends to acquire 100% equity of Hitched Holdings 3 B.V. through its wholly-owned subsidiary Meili Holding GmbH, as part of a major asset restructuring plan[16] Operational Metrics - The company reported a 299.09% increase in construction in progress, primarily due to the commencement of projects for smart suspension and electric/hydraulic components[8] - Research and development expenses for the quarter were ¥56,647,488.03, compared to ¥51,833,954.78 in the previous year, indicating a 9.5% increase[21] Impairment and Losses - The company reported a significant increase in credit impairment losses, which rose by 706.31% to ¥2,266,376.31, attributed to a decrease in accounts receivable and corresponding reductions in bad debt provisions[10] - The company recorded an asset impairment loss of -¥10,280,450.50, an increase of 183.57%, mainly due to higher provisions for inventory write-downs[10] - The company incurred asset impairment losses of CNY 10,280,450.50, compared to CNY 3,625,415.83 in the previous year, indicating a rise of 184.5%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,543, with the largest shareholder, Zhang Bihong, holding 36.29% of the shares[12] Government Support - The company received government subsidies amounting to ¥1,725,042.03 during the reporting period, contributing to its financial performance[5] Cash and Inventory - Cash and cash equivalents rose to ¥299,248,341.44 from ¥192,932,077.40, marking an increase of 55.2%[18] - Inventory levels increased to ¥365,432,562.92, up 27.5% from ¥286,553,982.39 at the beginning of the period[18] - The company’s cash and cash equivalents at the end of the period totaled CNY 298,690,762.31, up from CNY 233,022,441.12 at the end of the previous year, an increase of 28.2%[24] Audit Status - The company has not undergone an audit for the Q3 financial report[25]