悦安新材(688786) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for the third quarter reached ¥117,458,557.16, representing a year-on-year increase of 10.83%[4] - Total profit for the quarter was ¥26,993,537.31, reflecting a growth of 22.14% compared to the same period last year[4] - Net profit attributable to shareholders was ¥23,429,416.22, up by 19.33% year-on-year[4] - The company reported a basic earnings per share of ¥0.16, which is an increase of 14.29% compared to the same quarter last year[4] - Total revenue for the first three quarters of 2025 reached ¥320,862,718.56, an increase of 3.1% compared to ¥310,941,360.63 in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥70,897,619.25, up from ¥64,410,745.15 in 2024, reflecting a growth of 7.7%[19] - Net profit attributable to shareholders for the first three quarters of 2025 was ¥61,415,847.66, compared to ¥56,322,362.75 in 2024, marking an increase of 9.3%[19] - The total comprehensive income for the first three quarters of 2025 was ¥61,466,663.19, compared to ¥55,857,032.44 in 2024, showing an increase of 10.0%[20] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.43, up from ¥0.39 in 2024, indicating a growth of 10.3%[20] Research and Development - Research and development expenses totaled ¥5,601,520.09, accounting for 4.77% of revenue, a decrease of 0.34 percentage points from the previous year[5] - Research and development expenses increased to ¥15,740,885.80 in 2025 from ¥14,305,254.74 in 2024, representing a rise of 10.1%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,057,620,973.11, marking a 16.51% increase from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥451,624,507.19, an increase from ¥364,177,061.42 as of December 31, 2024[15] - Total assets as of September 30, 2025, are ¥1,057,620,973.11, up from ¥907,714,052.38[16] - Total non-current assets increased to ¥605,996,465.92 from ¥543,536,990.96[16] - Total liabilities as of September 30, 2025, amounted to ¥305,346,084.13, significantly higher than ¥191,008,441.45 at the end of 2024, indicating a growth of 59.9%[18] - The company’s equity attributable to shareholders increased to ¥746,622,517.41, a rise of 5.05% compared to the end of the previous year[5] - Shareholders' equity attributable to the parent company increased to ¥746,622,517.41 as of September 30, 2025, from ¥710,741,482.61 at the end of 2024, reflecting a growth of 5.1%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥118,282,599.36, showing a significant increase of 147.14%[9] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 287,266,708.41, an increase of 11.8% compared to CNY 257,042,832.95 in the same period of 2024[23] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 118,282,599.36, significantly higher than CNY 47,860,758.15 in 2024, marking a 147.5% increase[23] - The cash inflow from investment activities in the first three quarters of 2025 was CNY 100,416,969.88, up from CNY 62,883,161.06 in 2024, representing a 59.9% increase[24] - The net cash flow from investment activities was -CNY 83,196,797.77 in 2025, an improvement compared to -CNY 92,020,031.99 in 2024[24] - The cash inflow from financing activities increased to CNY 68,686,452.66 in 2025 from CNY 40,535,745.60 in 2024, reflecting a 69.3% increase[24] - The net cash flow from financing activities was CNY 15,200,010.71 in 2025, a turnaround from -CNY 63,587,678.73 in 2024[24] - The total cash and cash equivalents at the end of the third quarter of 2025 reached CNY 137,628,898.64, compared to CNY 66,459,657.39 at the end of 2024[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,289[11] - The largest shareholder, Li Shangkui, holds 38,213,700 shares, representing 26.57% of total shares[11] Cash Management - Cash and cash equivalents increased to ¥144,059,327.89 from ¥91,190,381.15[15] - Accounts receivable rose to ¥87,190,519.02 from ¥76,709,822.11[15] - Inventory decreased slightly to ¥100,287,606.86 from ¥103,567,536.28[15] - Accounts payable increased to ¥64,015,465.41 from ¥43,343,920.15[16] - The cash outflow for purchasing goods and services was CNY 59,595,581.70 in 2025, down from CNY 107,321,009.51 in 2024, indicating a 44.4% decrease[23] - The cash outflow for employee payments was CNY 53,786,871.61 in 2025, slightly up from CNY 51,750,454.41 in 2024, showing a 3.9% increase[23] - The cash outflow for taxes paid was CNY 35,708,627.48 in 2025, compared to CNY 28,632,118.24 in 2024, which is a 24.6% increase[23]