海南瑞泽(002596) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥274,494,844.71, a decrease of 10.44% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥13,166,031.59, representing a 66.04% increase in losses year-over-year[5]. - The net profit after deducting non-recurring gains and losses was -¥18,533,615.72, a 54.36% increase in losses compared to the previous year[5]. - Total operating revenue decreased to ¥893,511,759.88 from ¥1,036,229,976.87, representing a decline of approximately 13.7% year-over-year[24]. - Total operating costs decreased to ¥977,492,773.39 from ¥1,091,169,704.45, a reduction of about 10.4% year-over-year[24]. - Net loss for the period was ¥79,053,785.85, compared to a net loss of ¥85,105,901.34 in the previous period, showing an improvement of approximately 7.4%[25]. Cash Flow - The net cash flow from operating activities was ¥14,304,588.56, down 77.30% year-to-date[5]. - Cash flow from operating activities was ¥838,008,401.79, down from ¥1,011,077,418.98, reflecting a decline of approximately 17.1%[28]. - Total cash inflow from operating activities amounted to $863,100,396.70, while cash outflow was $848,795,808.14, resulting in a net inflow[29]. - Cash flow from investment activities generated a net inflow of $25,189,640.48, down from $57,361,509.83, reflecting a decrease of about 56.1%[29]. - The net cash flow from financing activities was -$60,436,765.83, an improvement from -$106,686,876.52, indicating a reduction in cash outflow[30]. - The total cash outflow for operating activities was $848,795,808.14, compared to $1,022,474,947.74 previously, indicating a reduction of about 16.9%[29]. Assets and Liabilities - Total assets at the end of Q3 2025 were ¥3,217,240,513.80, a decrease of 6.38% from the end of the previous year[5]. - The company's equity attributable to shareholders decreased by 10.83% to ¥668,261,437.23 compared to the end of the previous year[5]. - Total current assets decreased to ¥2,417,700,751.06 from ¥2,566,220,150.97, indicating a decline in liquidity[21]. - Total non-current assets decreased to ¥305,113,730.77 from ¥363,045,599.84, reflecting a decline in long-term investments[21]. - Total liabilities decreased to ¥2,584,066,236.50 from ¥2,724,395,765.28, a reduction of about 5.2%[23]. - Non-current assets totaled ¥799,539,762.74, down from ¥870,403,677.46, indicating a decrease of approximately 8.1%[23]. Expenses - The cash and cash equivalents decreased by 61.70% to ¥32,731,794.40 due to reduced sales collections[9]. - The company's sales expenses decreased by 30.47% to ¥27,938,747.88, primarily due to reduced intermediary service fees related to sales collections[11]. - Research and development expenses were ¥30,225,465.20, down from ¥33,009,796.39, indicating a decrease of about 8.5%[25]. - The company paid $180,222,683.37 in employee compensation, down from $227,758,231.38, reflecting a decrease of approximately 20.9%[29]. Investment and Financing Activities - Cash received from investment activities surged by 2,472.87% to ¥32,672,757.21 from ¥1,269,895.56, mainly due to the recovery of investment guarantees[15]. - Cash received from financing activities dropped by 36.64% to ¥13,000,000.00 from ¥20,517,337.45, attributed to a decrease in financing activities[15]. - Interest payments decreased by 60.49% to ¥21,147,700.30 from ¥53,525,304.63, due to lower financing costs and adjustments in loan interest payment plans[15].