Financial Performance - The company's revenue for the third quarter reached ¥389,870,658.49, representing a 141.28% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥16,322,752.23, a significant increase of 187.95% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,382,128.01, up 170.18% from the previous year[4] - The basic earnings per share for the quarter was ¥0.0875, an increase of 187.94% compared to the same period last year[4] - The weighted average return on net assets was 1.63%, showing a slight increase of 3.16% year-on-year[4] - The company reported a net profit of ¥24,964,446.71 for the current period, compared to a loss of ¥11,796,325.07 in the previous period, showing a significant turnaround[20] - The net profit for the current period is CNY 45,963,008.94, a decrease from CNY 47,224,917.15 in the previous period, representing a decline of approximately 2.66%[24] - Operating profit for the current period is CNY 50,756,612.16, down from CNY 65,912,933.44, indicating a decrease of about 23%[24] - Total comprehensive income for the current period is CNY 45,963,008.94, compared to CNY 47,224,917.15 in the previous period, reflecting a decrease of approximately 2.66%[24] - Basic and diluted earnings per share for the current period are both CNY 0.2471, down from CNY 0.2539 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,520,275,513.20, reflecting a 13.15% increase from the end of the previous year[4] - The company's total assets increased to ¥2,520,275,513.20 as of September 30, 2025, up from ¥2,227,279,513.99 at the beginning of the period[20] - The company's total liabilities rose to ¥1,503,267,358.01 from ¥1,247,630,543.09, reflecting an increase of about 20.5%[20] - The company's short-term borrowings increased to ¥327,191,939.03 from ¥209,745,763.88, marking a rise of about 56.0%[19] - The company’s long-term borrowings increased to ¥604,399,416.44 from ¥355,000,000.00, representing a growth of approximately 70.0%[20] Cash Flow - The cash flow from operating activities showed a net outflow of ¥76,862,022.26, which is a 76.40% improvement compared to the previous period[4] - Cash flow from operating activities shows a net outflow of CNY 76,862,022.26, an improvement from a net outflow of CNY 325,635,674.96 in the previous period[25] - The company generated CNY 561,360,128.57 in cash from sales of goods and services, up from CNY 447,257,918.86 in the previous period, marking an increase of about 25.5%[25] - The company incurred a total of CNY 699,956,827.38 in cash outflows from operating activities, down from CNY 888,044,519.22 in the previous period[25] Shareholder Information - The company reported a total of 10,567 common shareholders at the end of the reporting period[10] - The largest shareholder, Changchun Huifeng Automobile Gear Co., Ltd., holds 52.09% of the shares[10] - The company has a significant shareholder, Changchun Huifeng Automotive Gear Co., Ltd., holding 97.16 million shares, which accounts for a substantial portion of the total shares[11] - The second-largest shareholder, Wang Ran, holds 35 million shares, indicating a concentrated ownership structure[11] - The top ten shareholders include several individuals and entities, with the largest holding representing 60% of the total shares[11] - The company has not disclosed any other significant shareholder relationships or actions outside of the listed shareholders[11] - There are no changes reported in the top ten shareholders due to securities lending or borrowing activities[11] - The company has not issued any preferred shares or reported any changes in restricted shares[12] Share Repurchase - The company plans to repurchase between 1.5 million and 3 million shares, representing approximately 0.8042% to 1.6085% of the total share capital[13] - The total estimated repurchase amount could range from RMB 33 million to RMB 66 million, based on a maximum repurchase price of RMB 22.00 per share[13] - The implementation period for the share repurchase is set for 12 months from the board's approval date[13] - The company is focused on using its own and raised funds for the share repurchase, indicating a strategic approach to capital management[13] - As of September 30, 2025, the company repurchased a total of 124,000 shares, accounting for 0.0665% of the total share capital, with a total transaction amount of ¥2,477,809.00[14] Operating Performance - Total operating revenue for the current period reached ¥1,205,078,444.83, compared to ¥968,030,643.71 in the previous period, representing a growth of approximately 24.5%[22] - Total operating costs increased to ¥1,160,474,173.81 from ¥888,325,772.02, indicating a rise of about 30.6%[22] - The company's cash and cash equivalents rose to ¥165,861,146.29 from ¥136,317,938.96, reflecting an increase of approximately 21.8%[18] - The company's inventory as of September 30, 2025, was ¥677,879,433.89, up from ¥648,385,746.39, indicating an increase of approximately 4.5%[18] - The company raised CNY 505,000,000.00 through financing activities, compared to CNY 400,000,000.00 in the previous period, indicating a growth of 26.25%[26] - The company reported a total investment cash outflow of CNY 37,651,300.73, compared to CNY 29,723,433.88 in the previous period, indicating an increase in investment activities[26]
致远新能(300985) - 2025 Q3 - 季度财报