保立佳(301037) - 2025 Q3 - 季度财报

Financial Performance - Revenue for Q3 2025 was CNY 455,214,092.89, a decrease of 20.53% year-over-year[7] - Net profit attributable to shareholders was CNY -1,501,863.54, a decline of 96.71% compared to the same period last year[7] - The weighted average return on equity was -0.24% for Q3 2025, a decrease of 5.90% year-over-year[7] - The net profit attributable to shareholders reached ¥7,084,572.04, a significant increase of 110.21% compared to the previous period, primarily due to improved cost control and the sale of a subsidiary[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,325,196.85, reflecting a 93.80% improvement, mainly driven by enhanced cost management[18] - Operating profit reached 4,344,968.81, compared to a loss of 60,883,687.04 in the prior period, indicating a substantial improvement[32] - The company reported a net profit of 7,211,281.19, a significant recovery from a net loss of 68,987,822.01 in the previous period, marking a turnaround of approximately 110.5%[32] - The total comprehensive income for the period was 7,486,948.86, compared to a loss of 68,335,764.04 in the prior period, showcasing a significant recovery[33] - Basic and diluted earnings per share were both ¥0.0509, representing a 110.25% increase influenced by the change in net profit[18] - Basic and diluted earnings per share improved to 0.0509 from a loss of 0.4964, reflecting a positive shift in profitability[33] Cash Flow and Liquidity - Net cash flow from operating activities for the year-to-date was CNY 112,119,618.78, an increase of 162.26%[7] - The net cash flow from operating activities was ¥112,119,618.78, marking a 162.26% increase, largely due to better collection of accounts receivable[18] - The company generated a net cash flow from operating activities of 112,119,618.78, a recovery from a negative cash flow of 180,071,797.94 in the previous period[36] - The company’s cash and cash equivalents at the end of the period stood at 52,772,478.33, down from 89,640,600.21, indicating a decrease in liquidity[36] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 2,435,338,610.23, down 2.66% from the end of the previous year[7] - Total current assets decreased from ¥1,425,004,082.63 to ¥1,334,431,802.65, a decline of approximately 6.4%[28] - Total liabilities decreased from ¥1,866,004,459.31 to ¥1,800,816,209.12, reflecting a reduction of about 3.5%[29] - Total assets decreased from ¥2,501,761,483.54 to ¥2,435,338,610.23, a decline of approximately 2.7%[29] Investment and Expenses - Research and development expenses for the year-to-date were CNY 19,709,646.78, a decrease of 47.12% compared to the same period last year[16] - Research and development expenses decreased to 19,709,646.78 from 37,272,375.03, a reduction of approximately 47.2%, indicating a shift in investment strategy[32] - Investment income increased significantly to CNY 8,620,989.10, a rise of 1,939.40% year-over-year[16] - The company incurred financial expenses of 31,386,952.57, slightly up from 29,843,815.38, primarily due to increased interest expenses[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,078, with no preferred shareholders having restored voting rights[20] - The largest shareholder, Yang Wenyu, holds 52.09% of the shares, amounting to 72,424,660 shares[20] - The top ten shareholders collectively hold significant stakes, with the first three shareholders accounting for over 68% of the total shares[20] - The company repurchased 2,240,985 shares, representing 1.61% of the total share capital, positioning it as the fifth largest shareholder[21] - The company has a total of 89,131,658 restricted shares, with 72,424,660 shares released during the reporting period[23] Future Plans - The company plans to continue focusing on cost control and improving cash flow management to enhance profitability in the future[18] - The company plans to invest up to ¥150 million in establishing wholly-owned subsidiaries in Vietnam, the Middle East, Indonesia, Kazakhstan, and Thailand for the construction of water-based acrylic emulsion production bases[24] Project Updates - The company terminated the Henan Puyang project, with the land use rights being returned to the local government[25] - The registered capital of Hong Kong Baolijia Supply Chain Co., Ltd. was increased from HKD 10,000 to HKD 1 million[24] - The company has completed the registration of "Baolijia Group International Limited" in Kazakhstan with a registered capital of 100,000 KZT[24] - In Indonesia, the company registered "PT BAOLIJIA NEW MATERIAL INDONESIA" with a registered capital of 10 billion IDR, focusing on industrial coatings and printing inks[24]