Financial Performance - The company's operating revenue for Q3 2025 was ¥156,557,133.92, an increase of 2.27% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 27.49% to ¥10,954,892.13 in Q3 2025[5] - The basic earnings per share fell by 28.24% to ¥0.0752, while diluted earnings per share decreased by 27.96% to ¥0.0755[5] - Total operating revenue for Q3 2025 reached CNY 489,993,513.67, an increase of 2.13% compared to CNY 475,978,604.90 in the same period last year[29] - Total operating costs for Q3 2025 were CNY 423,507,257.63, up from CNY 418,849,344.51, reflecting a year-over-year increase of 1.57%[31] - Net profit for Q3 2025 was CNY 57,474,571.42, representing a 4.14% increase from CNY 53,373,090.44 in Q3 2024[31] - The total comprehensive income for the period was CNY 58,016,008.36, compared to CNY 53,314,801.36 in the previous period, reflecting an increase of approximately 12.7%[33] - Basic earnings per share increased to CNY 0.3975 from CNY 0.3682, representing a growth of about 7.9%[33] Assets and Liabilities - Total assets increased by 14.22% to ¥1,285,706,162.45 compared to the end of the previous year[5] - The company's total assets as of Q3 2025 amounted to CNY 1,285,706,162.45, compared to CNY 1,125,628,141.88 at the end of the previous year, indicating a growth of 14.23%[28] - Current liabilities increased to CNY 234,528,439.45 from CNY 180,201,485.30, marking a rise of 30.14% year-over-year[28] - Long-term borrowings rose significantly to CNY 98,946,653.88 from CNY 27,682,930.02, a substantial increase of 257.36%[28] - The company's inventory as of Q3 2025 was CNY 189,586,453.64, up from CNY 174,325,670.32, reflecting an increase of 8.77%[26] - The total equity attributable to shareholders increased to CNY 939,871,378.56 from CNY 912,635,969.71, an increase of 2.98%[28] Cash Flow and Investments - Operating cash flow for the year-to-date period was ¥65,433,200.71, a decrease of 3.87% compared to the previous year[5] - Cash inflow from investment activities was CNY 115,615,633.17, down from CNY 569,336,409.63, indicating a significant decline of about 79.7%[37] - Net cash flow from operating activities was CNY 65,433,200.71, slightly down from CNY 68,064,241.66 in the previous period, a decrease of approximately 2.4%[37] - Net cash flow from financing activities improved to CNY 64,885,784.08 from a negative CNY 67,238,049.78, marking a turnaround[37] - The cash and cash equivalents at the end of the period totaled CNY 143,061,699.72, up from CNY 108,847,929.30, an increase of approximately 31.3%[37] - Cash received from investment recoveries decreased by 79.89% to $114 million compared to $567 million in the same period last year, primarily due to reduced idle funds following the completion of investment projects[14] - Cash received from investment income fell by 87.59% to $268,190.56 from $2.16 million, attributed to decreased idle funds and reduced financial product purchases[14] - Cash received from the disposal of fixed assets increased by 672.17% to $1.35 million from $174,500, due to higher proceeds from the disposal of old equipment[14] - Cash paid for investments decreased by 82.55% to $74 million from $424 million, mainly due to reduced idle funds following the completion of investment projects[14] - Cash received from borrowings rose by 83.56% to $189.8 million from $103.4 million, reflecting an increase in bank loans to meet operational needs[14] - Cash received from other financing activities amounted to $6.25 million, resulting from employee stock option subscription funds[14] - Cash paid for other financing activities decreased by 88.73% to $3.08 million from $27.33 million, primarily due to share repurchase activities in the previous period[14] Government Support and Future Plans - The company received government subsidies totaling ¥1,574,235.98, which are closely related to its normal business operations[8] - The company plans to invest a total of $17 million in the intelligent manufacturing project for automotive suspension dampers, with a construction period of 18 months[22] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30] Other Financial Metrics - The company experienced a 65.90% increase in asset impairment losses, amounting to ¥5,166,418.40, primarily due to higher costs of new products[12] - The company reported a 436.46% increase in asset disposal gains, totaling ¥162,813.38, due to increased sales of old machinery[12] - The impact of exchange rate fluctuations on cash and cash equivalents increased by 100.28% to $4.05 million from $2.02 million, attributed to significant exchange rate volatility during the period[14] - The company received CNY 189,800,000.00 in borrowings, compared to CNY 103,400,000.00 in the previous period, an increase of about 83.3%[37] - The company paid CNY 46,342,179.34 in dividends and interest, slightly up from CNY 45,350,477.19, an increase of about 2.2%[37] - The company reported a decrease in tax refunds received, totaling CNY 38,766,673.49 compared to CNY 40,403,292.73 in the previous period, a decline of about 4.1%[37] - The company did not undergo an audit for the third quarter financial report[38]
东利机械(301298) - 2025 Q3 - 季度财报