Revenue and Profitability - The company's revenue for Q3 2025 was ¥150,830,750.29, a decrease of 12.79% compared to the same period last year[5] - Net profit attributable to shareholders increased by 106.00% to ¥10,098,587.24 for the quarter, while year-to-date net profit rose by 26.56% to ¥25,271,171.74[5] - Basic and diluted earnings per share for the quarter were both ¥0.09, reflecting a 125.00% increase year-on-year[5] - Total operating revenue decreased to ¥446,926,634.57 from ¥496,214,059.96, representing a decline of approximately 9.1% year-over-year[19] - Net profit increased to ¥21,731,895.88 from ¥18,099,576.53, reflecting a growth of approximately 20.5% year-over-year[20] - Profit attributable to shareholders of the parent company rose to ¥25,271,171.74 from ¥19,967,113.20, an increase of around 26.5% year-over-year[20] - Basic and diluted earnings per share improved to ¥0.23 from ¥0.18, marking a growth of approximately 27.8% year-over-year[21] - The company reported a comprehensive income total of ¥21,732,776.09 compared to ¥18,100,719.33, indicating an increase of about 20.5% year-over-year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,485,550,805.66, representing a 9.28% increase from the previous year[5] - The total assets increased to ¥1,485,550,805.66 from ¥1,359,420,316.10, indicating growth in the company's asset base[17] - The company's long-term borrowings increased by 34.02% to ¥89,064,079.99, primarily due to loans for the optical board factory project[10] - Total liabilities increased to ¥306,733,506.21 from ¥277,897,354.84, an increase of about 10.4% year-over-year[18] - The total liabilities decreased, with short-term borrowings at ¥36,509,358.90, down from ¥50,372,917.82[17] Cash Flow - Cash flow from operating activities showed a significant increase of 468.16% year-to-date, totaling ¥90,610,381.74[5] - The net cash flow from operating activities was ¥90,610,381.74, a significant increase of 468.16% compared to the previous period, primarily due to the gradual consumption of inventory and a decrease in the price of optical board materials[11] - The net cash flow from investing activities was -¥228,656,779.82, reflecting a decrease of 608.93%, mainly due to expenditures on the optical board factory construction and the Anhui Jiguang TAC film project[11] - The net cash flow from financing activities was ¥75,977,109.06, a decrease of 42.70%, attributed to changes in minority shareholder investments and bank borrowings[11] - Net cash flow from operating activities was $90.61 million, a significant improvement from a net outflow of $24.61 million in the previous period[24] - Total cash inflow from investment activities was $339.24 million, compared to $476.18 million in the prior period, indicating a decrease of approximately 29%[24] - Cash outflow from investment activities totaled $567.89 million, up from $508.44 million, reflecting an increase of about 11.6%[24] - Net cash flow from financing activities was $75.98 million, down from $132.59 million, representing a decline of approximately 42.5%[24] - The ending cash and cash equivalents balance was $285.60 million, down from $448.88 million, indicating a decrease of about 36.4%[24] - Cash inflow from operating activities totaled $515.90 million, slightly up from $507.56 million, showing a modest increase of about 0.7%[24] - Cash outflow for purchasing goods and services was $290.81 million, down from $406.39 million, reflecting a decrease of approximately 28.5%[24] - Cash paid for employee compensation was $93.35 million, consistent with $93.16 million in the previous period, showing stability in labor costs[24] - Cash received from investment recoveries was $337.34 million, down from $463.54 million, indicating a decrease of about 27.2%[24] - The company’s cash flow from financing activities included $80 million from new investments, which was consistent with the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,978, with no preferred shareholders having restored voting rights[13] - The largest shareholder, Meitan, holds 25.71% of the shares, amounting to 28,360,341 shares, with 21,270,256 shares under lock-up[13] Inventory and Other Financial Metrics - The inventory decreased to ¥77,918,583.56 from ¥98,657,213.29, reflecting a reduction in stock levels[17] - The company's long-term investments in other debt instruments decreased to ¥113,087,314.66 from ¥161,907,063.59[17] - The company's financial expenses decreased by 33.76% to -¥3,151,483.33, attributed to reduced interest income and exchange gains[10] - The company’s other income increased by 81.10% to ¥2,801,067.66, mainly due to an increase in VAT deductions[10] - Total operating costs decreased to ¥423,403,834.54 from ¥473,785,848.53, a reduction of about 10.6% year-over-year[20]
天禄科技(301045) - 2025 Q3 - 季度财报