Financial Performance - The company's operating revenue for Q3 2025 was ¥97,425,430.14, representing a 132.71% increase year-over-year[5] - The net profit attributable to shareholders was -¥7,558,904.89, a 48.07% decrease compared to the same period last year[5] - The basic earnings per share for the period was -¥0.1055, reflecting a 48.08% decline year-over-year[5] - The company reported a significant increase in inventory, which rose by 61.84% to ¥192,085,420.46 due to increased orders and raw material purchases[8] - The company experienced a 40.42% increase in operating income year-to-date, totaling ¥206,583,291.56, attributed to an increase in projects meeting acceptance standards[8] - Total operating revenue for the current period reached ¥206,583,291.56, a significant increase from ¥147,120,788.37 in the previous period, representing an increase of approximately 40.4%[19] - Total operating costs amounted to ¥234,422,837.24, up from ¥183,666,052.91, indicating a rise of about 27.6%[19] - The company's net profit was impacted by a credit impairment loss of ¥24,136,482.97, compared to a loss of ¥8,626,389.72 in the previous period[19] - The company reported a net loss of ¥43,576,515.83, compared to a net loss of ¥45,561,653.31 in the previous period, indicating a slight improvement[20] - The total comprehensive income attributable to the parent company was -¥38,863,391.74, compared to -¥41,994,727.44 in the previous period[20] - The company's total profit before tax was -¥49,400,510.54, compared to -¥47,262,821.38 in the previous period, indicating a decline in profitability[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,210,609,699.26, a slight increase of 0.23% from the end of the previous year[5] - Cash and cash equivalents decreased to ¥99,048,361.60 from ¥146,897,811.39, reflecting a decline of approximately 32.4%[16] - Accounts receivable decreased to ¥244,761,814.41 from ¥265,561,028.96, a reduction of about 7.8%[16] - Inventory increased significantly to ¥192,085,420.46 from ¥118,689,584.99, marking an increase of approximately 61.8%[16] - Total assets rose slightly to ¥1,210,609,699.26 from ¥1,207,802,298.27, showing a marginal increase of about 0.2%[18] - Total liabilities increased to ¥276,921,607.19 from ¥235,301,746.54, representing an increase of approximately 17.7%[18] - The company's equity attributable to shareholders decreased to ¥921,591,115.97 from ¥964,757,550.99, a decline of about 4.5%[18] Cash Flow - Cash flow from operating activities showed a net outflow of -¥82,020,076.74, indicating a 120.13% decline compared to the previous year[5] - Cash flow from operating activities decreased by 120.13% to -¥82,020,076.74, driven by lower-than-expected collections and increased cash payments for raw material purchases[10] - Cash flow from investing activities improved by 97.39% to -¥2,571,214.03, due to a significant redemption of financial products and reduced capital expenditures[10] - Cash flow from financing activities increased by 231.40% to ¥38,497,277.21, primarily due to increased investments from minority shareholders and bank loans[10] - Total cash inflow from investment activities was ¥272,036,720.81, while cash outflow was ¥274,607,934.84, resulting in a net cash outflow of ¥2,571,214.03[23] - The company raised ¥15,410,000.00 from minority shareholders and secured ¥25,000,000.00 in loans, leading to a net cash inflow from financing activities of ¥38,497,277.21[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,061[12] - The largest shareholder, Chen Wandong, holds 31.00% of the shares, totaling 22,207,500 shares[12] - The top ten shareholders collectively hold significant stakes, with the largest non-individual shareholder being Shanghai Xinpu Investment Management Partnership at 14.76%[12] - There were no changes in the number of preferred shareholders, and no preferred shares were reported[14] Other Income and Expenses - The company received government subsidies amounting to ¥153,893.88 during the reporting period, contributing to its financial performance[6] - Other income increased by 92.36% to ¥2,591,138.70, primarily due to VAT rebates and government subsidies received[10] - Investment income showed a significant loss of -1019.36%, amounting to -¥386,306.04, attributed to increased cash discounts during collection[10] - Credit impairment losses rose by 179.80% to -¥24,136,482.97, mainly due to an increase in long-aged accounts receivable and corresponding provisions[10] - The company incurred operating expenses totaling ¥243,547,561.34, compared to ¥200,353,319.55 in the previous period, reflecting increased operational costs[22]
瑞晨环保(301273) - 2025 Q3 - 季度财报