GXSH(SZ:000716)2025-10-29 09:20Financial Performance - The company's revenue for Q3 2025 was ¥540,941,445.31, a decrease of 12.07% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥946,223.74, representing a decline of 103.07% year-on-year[4]. - The company's basic earnings per share for the current period was -¥0.001, a decline of 102.38% year-on-year[4]. - Total operating revenue for the period was CNY 1,468,652,129.40, a decrease of 7.53% compared to CNY 1,588,115,908.17 in the previous period[23]. - The net profit for the current period is 8,673,991.79, a decrease of 83.0% compared to 50,923,817.64 in the previous period[24]. - The total profit for the current period is 13,804,716.28, down 76.8% from 59,444,923.67 in the previous period[24]. - Operating profit for the current period is 16,423,459.35, a decline of 74.2% from 63,672,468.32 in the previous period[24]. - The total comprehensive income for the current period is 8,673,991.79, a decrease of 83.0% from 50,923,817.64 in the previous period[25]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥97,076,202.82, down 29.86% compared to the previous year[4]. - The cash received from operating activities increased by 204.68% to ¥154,692,632.02, mainly due to the recovery of receivables[9]. - Cash flow from operating activities for the current period is 97,076,202.82, down 29.8% from 138,398,191.08 in the previous period[26]. - Cash flow from investing activities shows a net inflow of 12,130,087.44, compared to a net outflow of -184,100,610.38 in the previous period[27]. - Cash flow from financing activities results in a net outflow of -187,376,675.78, compared to -8,194,259.63 in the previous period[27]. - The net increase in cash and cash equivalents was -78,192,109.44, a 45.07% decline from -53,901,405.70 in the previous period, primarily due to increased cash payments for goods and services[10]. - The cash and cash equivalents at the end of the period amount to 144,781,714.35, an increase from 71,063,006.24 in the previous period[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,567,241,868.91, a decrease of 0.89% from the end of the previous year[4]. - Total assets decreased to CNY 4,567,241,868.91 from CNY 4,608,467,567.08, a reduction of 0.90%[21]. - Total liabilities decreased to CNY 1,865,778,458.87 from CNY 1,895,813,832.84, a decline of 1.59%[21]. - Total equity decreased to CNY 2,701,463,410.04 from CNY 2,712,653,734.24, a decrease of 0.41%[21]. - Accounts receivable decreased to CNY 279,545,727.81 from CNY 386,305,449.84, a drop of 27.63%[19]. - Inventory stood at CNY 442,587,780.97, slightly down from CNY 452,488,880.69, a decrease of 2.00%[19]. - Cash and cash equivalents at the end of the period were CNY 146,895,325.04, a decline of 36.31% from CNY 230,736,071.85 at the beginning of the period[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 97,011, with no preferred shareholders having restored voting rights[12]. - The largest shareholder, Guangxi Black Five Food Group Co., Ltd., holds 30.02% of the shares, amounting to 226,175,420 shares, with 172,083,334 shares pledged[12]. - The company is planning a significant change in control, with the largest shareholder intending to transfer approximately 20% of its shares to a state-owned enterprise, which may lead to a change in control[14]. - Following the share transfer agreement, the voting rights for 133,071,767 shares (17.66% of total shares) will be unconditionally and irrevocably waived by the current controlling shareholders[15]. - The company’s stock was suspended from trading on August 4, 2025, due to the planned share transfer, and is set to resume trading on August 11, 2025[15]. Operational Costs - Total operating costs amounted to CNY 1,458,577,185.50, down 3.95% from CNY 1,518,580,194.91 in the prior period[23]. - Operating costs included CNY 1,136,109,351.83 for cost of goods sold, a reduction from CNY 1,222,134,975.12, reflecting a decrease of 7.05%[23]. - Research and development expenses were CNY 11,247,843.90, down 24.00% from CNY 14,883,372.08 in the previous period[23]. Asset Disposal - The company recorded an asset disposal gain of ¥9,255,587.84, a substantial increase of 238,109.64% compared to the previous period[9]. - The company reported a significant decrease in cash flow from investing activities, with a net cash flow of 12,130,087.44, compared to a negative cash flow of 184,100,610.38 in the previous period, representing a 106.59% improvement[10].