山子高科(000981) - 2025 Q3 - 季度财报

Revenue and Profitability - Q3 2025 revenue decreased by 43.19% year-on-year to ¥685,332,198.62, while year-to-date revenue fell by 26.76% to ¥2,417,735,507.95[5] - Net profit attributable to shareholders increased by 193.33% in Q3 to ¥218,232,562.03, and year-to-date net profit rose by 132.03% to ¥436,788,863.96[5] - The basic and diluted earnings per share for Q3 were both ¥0.0218, reflecting a 193.33% increase year-on-year[5] - Net profit for the current period was CNY 420,321,405.25, a significant recovery from a net loss of CNY 1,427,280,110.07 in the previous period[22] - Basic earnings per share for the current period was CNY 0.0437, recovering from a loss of CNY 0.1364 in the previous period[22] Assets and Liabilities - Total assets at the end of Q3 were ¥8,853,201,070.76, down 18.67% from the previous year[5] - Total assets decreased to CNY 8,853,201,070.76 from CNY 10,885,120,752.71, a decline of 18.66%[20] - Total liabilities decreased to CNY 7,077,685,150.48 from CNY 9,612,483,228.91, a reduction of 26.36%[20] - The company’s total equity attributable to shareholders increased by 44.03% to ¥1,683,363,386.99 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to CNY 1,683,363,386.99 from CNY 1,168,743,629.31, an increase of 43.83%[20] Cash Flow - The company’s cash flow from operating activities showed a net outflow of ¥193,300,195.68, a decrease of 157.84% compared to the previous year[5] - Operating cash flow for the current period was -193,300,195.68 CNY, a decrease from 334,169,679.67 CNY in the previous period, indicating a significant decline in operational performance[23] - Total cash inflow from operating activities was 2,705,837,249.99 CNY, down 39.9% from 4,497,118,985.60 CNY year-over-year[23] - Cash outflow from operating activities totaled 2,899,137,445.67 CNY, a decrease of 30.5% compared to 4,162,949,305.93 CNY in the previous period[23] - Investment activities generated a net cash flow of -158,279,996.00 CNY, a sharp decline from 781,461,726.72 CNY in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 587,037[14] - The largest shareholder, Zhongxin Zihe Private Fund Management, holds 29.89% of shares, totaling 2,988,200,641 shares[14] - The company’s actual controller, Ye Ji, increased his shareholding by 10,026,000 shares, representing 0.1003% of the total share capital[16] - The top ten shareholders include several entities with significant stakes, indicating concentrated ownership[15] Expenses and Costs - The company experienced a 75.98% reduction in selling expenses, primarily due to previous overseas market expansion efforts[11] - Total operating costs decreased to CNY 2,805,169,217.24 from CNY 3,718,953,329.68, reflecting a reduction of 24.54%[21] - The company reported a significant decrease in financial expenses, down to CNY 34,944,386.10 from CNY 251,535,016.69, a reduction of 86.06%[21] - The company reported a 785.32% increase in income tax expenses, mainly due to the reversal of deferred tax expenses[12] Current Assets - Cash and cash equivalents decreased by 65.82% to ¥21,030.56, attributed to new business expansion and overseas base construction[11] - The company's cash and cash equivalents decreased from 615,367,888.96 to 210,305,594.20, a decline of approximately 65.9%[18] - Accounts receivable decreased from 801,477,032.41 to 630,000,560.97, a reduction of about 21.4%[18] - Inventory decreased significantly from 1,166,851,887.99 to 414,571,072.51, a drop of approximately 64.5%[18] - Long-term equity investments decreased from 1,013,824,516.07 to 914,297,392.73, a decline of about 9.8%[18] - The total current assets decreased from 3,838,931,052.57 to 2,204,576,040.41, a decline of approximately 42.7%[18] Other Comprehensive Income - Other comprehensive income after tax for the current period was CNY -100,788,975.62, compared to CNY 2,536,890.24 in the previous period[22] Audit Information - The company did not undergo an audit for the third quarter financial report[25]