兴业科技(002674) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥674,929,119.77, a decrease of 10.30% compared to the same period last year[3] - Net profit attributable to shareholders was ¥8,404,975.29, down 84.02% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥6,681,694.32, a decrease of 86.44%[3] - Basic earnings per share were ¥0.0284, reflecting an 84.22% decline compared to the previous year[4] - Net profit for the current period was ¥82,667,365.26, down from ¥155,116,257.12, indicating a decline of about 46.8%[28] - Earnings per share decreased to ¥0.1341 from ¥0.3760, representing a decline of approximately 64.3%[29] - The total comprehensive income for the current period was ¥75,907,257.38, down from ¥160,854,082.41, indicating a decrease of about 52.8%[29] Assets and Liabilities - Total assets increased by 6.29% to ¥4,770,564,595.15 compared to the end of the previous year[4] - Total assets reached ¥4,770,564,595.15, up from ¥4,488,448,415.51, indicating an increase of approximately 6.3%[23] - The company reported a significant increase in short-term borrowings, which rose by 33.07% to ¥938,917,476.40, attributed to increased bank loans[9] - Non-current liabilities include long-term borrowings of ¥338,843,256.90, significantly up from ¥74,661,050.23[24] - The company reported a total current liabilities of ¥1,638,358,855.52, slightly down from ¥1,659,252,714.90[24] - The total liabilities increased to ¥2,049,550,978.46 from ¥1,805,991,433.90, marking an increase of approximately 13.5%[25] Cash Flow - Cash flow from operating activities for the year-to-date was ¥272,561,651.31, up 60.64% year-on-year, primarily due to increased cash receipts from sales[14] - Cash flow from operating activities generated a net amount of ¥272,561,651.31, an increase from ¥169,667,887.16 in the previous period[32] - Cash inflow from investment activities totaled $1,833,727,361.60, a decrease from $1,997,082,774.38 in the previous period[33] - Cash outflow for investment activities was $1,883,885,637.21, compared to $1,955,821,462.21 last year, resulting in a net cash flow from investment activities of -$50,158,275.61, down from $41,261,312.17[33] - Cash inflow from financing activities reached $1,285,456,922.70, significantly higher than $779,193,694.16 in the prior period[33] - Cash outflow for financing activities was $1,203,346,162.02, compared to $770,018,174.82 last year, leading to a net cash flow from financing activities of $82,110,760.68, up from $9,175,519.34[33] - The net increase in cash and cash equivalents was $300,790,129.20, compared to $213,346,972.06 in the previous period[34] - The ending balance of cash and cash equivalents stood at $1,032,237,228.41, an increase from $742,404,147.76 last year[34] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,595[16] - The largest shareholder, Fujian Wanxing Equity Investment Partnership, holds 28.67% of shares, totaling 84,744,000 shares[16] Other Financial Metrics - Financial expenses rose by 85.70% to ¥31,463,484.36, mainly due to reduced interest income and increased exchange losses[12] - The company reported a 70.04% decrease in income tax expenses to ¥6,634,806.24, reflecting a decline in profits[12] - Research and development expenses rose to ¥58,000,363.78 from ¥47,260,413.80, reflecting an increase of about 22.7%[27] - Deferred income decreased to ¥31,970,444.63 from ¥33,371,936.54, a decline of approximately 4.2%[25] - The company experienced a negative impact of -$3,724,007.18 from foreign exchange rate changes on cash and cash equivalents[34] Inventory and Receivables - Accounts receivable decreased to ¥415,315,802.58 from ¥562,453,259.56, a decline of approximately 26%[22] - Inventory increased to ¥1,470,046,997.67 from ¥1,310,229,682.21, reflecting a rise of about 12%[22] Audit Status - The third quarter financial report remains unaudited as of October 27, 2025[36]