Financial Performance - In Q3 2025, the company's operating revenue reached ¥27,584,043,546.48, representing a significant year-on-year increase of 139.04%[5] - The net profit attributable to shareholders for Q3 2025 was ¥1,256,306,602.29, reflecting a year-on-year growth of 169.53%[6] - Basic earnings per share for Q3 2025 were ¥0.47, which is a 176.47% increase compared to the same period last year[6] - For the first nine months of 2025, the total operating revenue was ¥48,286,172,796.13, up 6.19% from the previous year[5] - Total operating revenue for the current period reached ¥48.29 billion, an increase of 6.0% from ¥45.47 billion in the previous period[46] - Net profit for the current period was ¥2.17 billion, a decrease of 36.0% compared to ¥3.40 billion in the previous period[46] - The net profit attributable to shareholders of the parent company was ¥2.17 billion, down 35.1% from ¥3.35 billion in the previous period[47] - Basic and diluted earnings per share for the current period were both ¥0.81, compared to ¥1.25 in the previous period[47] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of ¥4,031,518,199.04, a 78.13% increase compared to the same period last year[5] - The net cash flow from operating activities was -4,031,518,199.04, compared to -18,436,847,981.45 in the previous period, indicating an improvement[50] - Total cash inflow from operating activities amounted to 43,654,193,124.83, while cash outflow was 47,685,711,323.87, resulting in a net cash outflow of -4,031,518,199.04[50] - Cash inflow from investment activities was 45,829,220.34, while cash outflow was 1,095,324,536.25, leading to a net cash outflow of -1,049,495,315.91[50] - Cash inflow from financing activities totaled 3,172,329,334.95, with cash outflow of 4,565,158,587.44, resulting in a net cash outflow of -1,392,829,252.49[51] - The total cash and cash equivalents at the end of the period were 20,465,194,212.48, down from 26,940,471,046.71 at the beginning of the period[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥117,749,854,177.72, marking a 9.12% increase from the end of the previous year[5] - Total liabilities increased significantly, with accounts payable rising by 34.53% compared to the end of last year, indicating outstanding payments to suppliers[20] - Total liabilities increased to ¥95.54 billion, up 10.0% from ¥86.24 billion in the previous period[46] - The company’s total non-current liabilities decreased to ¥8.50 billion from ¥10.22 billion, a decline of 16.8%[46] - The total cash and cash equivalents at the end of the period were 20,465,194,212.48, down from 26,940,471,046.71 at the beginning of the period[51] Shareholder Information - The number of common shareholders at the end of the reporting period was 72,211[39] - The largest shareholder, China Aviation Industry Group, holds 78.66% of the shares, totaling approximately 2.10 billion shares[39] Expenses and Investments - Research and development expenses decreased by 37.76% year-on-year, mainly due to reduced self-funded project investments[29] - The company reported a decrease in research and development expenses to ¥336.28 million from ¥540.32 million, a reduction of 37.7%[46] - The company paid 5,056,374,447.51 in employee compensation, slightly up from 4,986,185,227.78 in the previous period[50] - The company absorbed investments totaling 30,000,000.00 from minority shareholders[51] Other Financial Metrics - Non-recurring gains and losses for the reporting period included government subsidies amounting to ¥17,988,577.94[8] - The company did not identify any other non-recurring gains or losses beyond those reported[10] - Accounts receivable decreased by 91.57% compared to the end of last year, mainly due to the collection of receivables during the period[11] - Prepayments increased by 121.99% compared to the end of last year, primarily due to increased advance payments to suppliers[14] - Contract assets increased by 126.62% compared to the end of last year, mainly because some sales have not yet reached the payment stage[15] - Total profit decreased by 33.42% year-on-year, primarily due to changes in the product sales structure[32] - Net profit decreased by 35.96% year-on-year, attributed to the reduction in total profit[33] - Financial expenses decreased by 87.41% year-on-year, mainly due to a reduction in interest income[30] - Other current assets increased by 451.02% compared to the end of last year, primarily due to an increase in deductible VAT input tax[16]
中航成飞(302132) - 2025 Q3 - 季度财报