HUAKANG(SH:605077)2025-10-28 12:50Financial Performance - The company's operating revenue for the third quarter reached ¥1,093,165,350.61, an increase of 46.33% compared to the same period last year[4]. - The total profit for the quarter was ¥42,471,912.19, reflecting a decrease of 10.35% year-over-year[4]. - Net profit attributable to shareholders was ¥34,676,338.94, down 28.55% from the previous year[4]. - The net profit after deducting non-recurring gains and losses was ¥30,681,673.79, a decline of 40.47% year-over-year[4]. - Basic earnings per share for the quarter were ¥0.12, down 29.41% year-over-year[5]. - Total operating revenue for the first three quarters of 2025 reached ¥2,959,027,061.98, a significant increase of 40.6% compared to ¥2,105,806,164.55 in the same period of 2024[20]. - Net profit for the first three quarters of 2025 was ¥170,589,214.44, a decrease of 8.9% from ¥187,389,971.00 in 2024[21]. - Basic earnings per share for the first three quarters of 2025 were ¥0.57, down from ¥0.63 in 2024[22]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥334,074,436.24, an increase of 307.49% compared to the same period last year[5]. - Operating cash inflow totaled approximately $4.26 billion, an increase from $2.57 billion year-over-year[25]. - Operating cash outflow amounted to about $3.93 billion, compared to $2.49 billion in the previous year[25]. - Net cash flow from operating activities was approximately $334.07 million, up from $81.98 million year-over-year[25]. - Cash inflow from investment activities reached around $815.13 million, compared to $648.88 million in the prior year[25]. - Cash outflow from investment activities was approximately $1.39 billion, down from $2.00 billion year-over-year[25]. - Net cash flow from investment activities was negative at about $573.02 million, an improvement from negative $1.35 billion in the previous year[25]. - Cash inflow from financing activities was approximately $1.40 billion, compared to $348.12 million year-over-year[26]. - Cash outflow from financing activities totaled about $1.24 billion, an increase from $802.87 million in the previous year[26]. - Net cash flow from financing activities was approximately $166.87 million, a turnaround from negative $454.75 million year-over-year[26]. - The ending cash and cash equivalents balance was approximately $319.82 million, down from $408.46 million in the previous year[26]. Assets and Liabilities - Total assets at the end of the quarter amounted to ¥7,761,480,140.55, an increase of 11.00% from the end of the previous year[5]. - The company's total assets reached ¥7,761,480,140.55, up from ¥6,992,028,952.79, indicating an increase of approximately 11%[16]. - The company's total liabilities increased to ¥3,339,640,462.40 from ¥2,840,038,509.92, representing an increase of approximately 17.6%[16]. - The company's total liabilities increased to ¥4,541,080,912.00 in 2025 from ¥3,736,704,991.08 in 2024, reflecting a growth of 21.5%[17]. - The total equity attributable to shareholders decreased to ¥3,206,298,590.97 in 2025 from ¥3,243,431,005.24 in 2024, a decline of 1.1%[17]. Shareholder Information - The company reported a total of 14,510,674 shares held by Fujian Yake Food Co., Ltd., representing 4.79% of total shares[13]. - The top shareholder, Chen Deshui, holds 47,208,121 shares, accounting for 15.58% of the total shares[12]. Operational Insights - The company attributed the revenue growth to the gradual production ramp-up of the new production line in Zhoushan[9]. - The decline in net profit was primarily due to changes in product sales structure and increased financial expenses from convertible bond interest[10]. - Research and development expenses for the first three quarters of 2025 were ¥104,499,707.10, an increase of 11.5% compared to ¥93,932,063.17 in 2024[21]. - Cash received from sales of goods and services in the first three quarters of 2025 was ¥3,477,576,988.51, compared to ¥1,967,705,218.43 in 2024, indicating a growth of 76.7%[24].