BIYI(SH:603215)2025-10-29 08:00Financial Performance - The company's operating revenue for Q3 2025 was ¥598,085,627.19, a decrease of 3.40% compared to the same period last year[3] - Total profit for the quarter was ¥14,919,079.47, down 59.06% year-over-year[3] - Net profit attributable to shareholders was ¥18,492,198.30, reflecting a decline of 45.08% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses for the quarter was ¥17,241,711.17, a decrease of 47.15% year-over-year[3] - Basic earnings per share for the quarter were ¥0.10, down 44.44% from the same period last year[3] - Total operating revenue for the first three quarters of 2025 reached ¥1,755,522,383.79, an increase of 18.66% compared to ¥1,479,505,421.84 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was ¥65,856,778.41, a decrease of 33.06% from ¥98,220,926.28 in 2024[19] - Operating profit for the first three quarters of 2025 was ¥71,777,750.90, down 35.36% from ¥110,933,717.77 in 2024[19] - Total comprehensive income attributable to the parent company decreased to ¥76,620,967.73 from ¥106,636,225.55, a decline of approximately 28.2% year-over-year[20] - Basic and diluted earnings per share decreased to ¥0.39 from ¥0.54, representing a decline of 27.8%[20] - The net profit for the first three quarters of 2025 was ¥87,810,169.86, a decrease of 22.8% from ¥113,675,334.87 in the first three quarters of 2024[26] Assets and Liabilities - Total assets at the end of the quarter were ¥3,167,872,462.21, an increase of 16.20% compared to the end of the previous year[4] - Total liabilities as of the reporting date amounted to ¥1,952,469,653.71, an increase of 26.38% from ¥1,545,159,404.83 in the previous year[16] - Total equity attributable to shareholders reached ¥1,214,741,790.46, up 3.45% from ¥1,175,216,487.75 in 2024[16] - The total liabilities increased to ¥1,325,055,405.39 in 2025 from ¥1,268,533,236.74 in 2024, indicating a rise in financial obligations[24] - The total equity of the company increased to ¥1,239,994,349.29 in 2025 from ¥1,189,279,844.45 in 2024, reflecting a strengthening of the financial position[24] Cash Flow - The company reported a net cash flow from operating activities of -¥8,475,950.56 for the year-to-date period[3] - The company's cash flow from operating activities showed improvement, contributing positively to the overall financial health[19] - Net cash flow from operating activities was negative at -¥8,475,950.56, an improvement from -¥35,390,318.28 in the previous year[21] - Cash inflow from operating activities increased to ¥1,680,182,089.21 from ¥1,175,809,080.07, a growth of approximately 43%[21] - Cash outflow from investing activities totaled ¥658,799,210.85, down from ¥780,232,595.42, indicating a reduction of about 15.5%[21] - Net cash flow from financing activities was positive at ¥335,579,976.78, compared to ¥383,799,333.75 in the previous year, a decrease of approximately 12.6%[21] - The company's cash and cash equivalents decreased to RMB 278,155,475.60 from RMB 500,060,149.56, representing a decline of about 44.2%[13] - The company's cash and cash equivalents at the end of the period were ¥101,890,174.95, down from ¥289,482,388.93 at the end of the same period last year[30] Investments and Expenses - The decline in profits is primarily attributed to increased investments in new molds and the expansion of subsidiaries in their initial stages[8] - Research and development expenses increased to ¥51,409,519.02 in 2025, compared to ¥45,153,665.39 in 2024, reflecting a growth of 13.00%[18] - Research and development expenses increased to ¥49,712,506.25 in the first three quarters of 2025, up from ¥44,923,400.04 in the same period of 2024, reflecting a focus on innovation[26] Shareholder Information - The company has a major shareholder, Bi Yi Group Limited, holding 55.86% of the shares, while Bi Yi Group (Hong Kong) Limited holds 5.96%[12] - The top 10 shareholders collectively hold significant stakes, with the largest being Bi Yi Group Limited at 104,996,250 shares[12] - The company has a repurchase account holding 1,842,700 shares as of the reporting period[12] Future Outlook - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[12] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[19] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31]