青达环保(688501) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for the third quarter reached ¥283,568,260.52, an increase of 11.24% compared to the same period last year[3] - The total profit for the quarter was ¥17,554,394.66, reflecting a growth of 31.26% year-over-year[3] - Net profit attributable to shareholders was ¥15,799,522.14, marking a significant increase of 60.68% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses for the quarter was ¥14,375,468.91, up 99.60% year-over-year[3] - The total profit for the year-to-date period increased by 250.80% to ¥152,218,584.53[3] - The company reported a year-to-date net profit attributable to shareholders of ¥124,147,683.04, up 267.14% compared to the previous year[3] - Basic earnings per share for the quarter were ¥0.12, a 50.00% increase compared to the same period last year[4] - Basic earnings per share for the first three quarters of 2025 were ¥1.01, compared to ¥0.27 in 2024, indicating improved profitability on a per-share basis[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,835,153,014.26, a decrease of 7.83% from the end of the previous year[4] - The company's current assets decreased from CNY 2,423,178,921.95 on December 31, 2024, to CNY 2,110,029,200.55 on September 30, 2025, a decline of approximately 12.91%[15] - Inventory decreased from CNY 982,623,063.52 to CNY 760,485,180.97, a reduction of about 22.6%[15] - The total liabilities decreased from CNY 1,681,424,695.45 to CNY 1,648,915,059.04, a decline of approximately 1.93%[15] - Total liabilities decreased to ¥1,725,158,357.07 in 2025 from ¥2,080,671,071.56 in 2024, showing a reduction in financial leverage[19] - The company's total equity increased to ¥1,109,994,657.20 in 2025 from ¥995,181,469.00 in 2024, reflecting a growth of approximately 11.5%[19] Research and Development - Research and development expenses totaled ¥17,458,548.59 for the quarter, representing 6.16% of revenue, an increase of 0.96 percentage points[4] - Research and development expenses increased to ¥56,937,577.30 in 2025 from ¥37,048,065.75 in 2024, indicating a focus on innovation and product development[20] Cash Flow - The company reported a net cash flow from operating activities of -¥16,782,577.88 for the first three quarters of 2025, an improvement from -¥240,812,349.11 in the same period of 2024[25] - The company generated cash inflows from operating activities totaling ¥1,381,142,768.12 in 2025, compared to ¥906,628,106.31 in 2024, representing a 52% increase[25] - Net cash flow from investing activities was -$107.65 million, a decrease from -$336.70 million year-over-year[26] - Total cash inflow from financing activities amounted to $616.80 million, compared to $890.10 million in the previous period[26] - Cash outflow for financing activities totaled $499.08 million, slightly up from $472.63 million year-over-year[26] - The net cash flow from financing activities was $117.72 million, down from $417.47 million in the previous period[26] - The ending balance of cash and cash equivalents was $166.20 million, a decrease from $282.79 million year-over-year[26] - Cash and cash equivalents decreased by $6.59 million during the period, compared to a decrease of $159.70 million in the previous period[26] - Cash inflow from loans received was $572.85 million, down from $667.08 million year-over-year[26] - Cash paid for debt repayment was $453.65 million, an increase from $394.99 million in the previous period[26] - Cash received from other financing activities was $33.28 million, compared to $221.52 million in the previous period[26] - The impact of exchange rate changes on cash and cash equivalents was $118.38 thousand, down from $344.39 thousand year-over-year[26] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 4,404[11] - The largest shareholder, Wang Yong, holds 21,482,430 shares, representing 17.29% of total shares[11] - The company has no significant changes in the shareholder structure or any new strategies reported during the conference call[13] Year-to-Date Performance - Total operating revenue for the first three quarters of 2025 reached ¥1,469,518,484.03, a significant increase of 91% compared to ¥768,846,275.47 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥151,606,646.51, compared to ¥43,430,934.64 in 2024, reflecting a growth of 248%[20] - Net profit attributable to shareholders for the first three quarters of 2025 was ¥124,147,683.04, up from ¥33,815,154.50 in 2024, marking a 267% increase[21]