三江购物(601116) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was approximately CNY 999.96 million, a decrease of 0.81% compared to the same period last year[3]. - Total profit for the quarter was CNY 32.48 million, down 45.24% year-over-year, primarily due to a reduction in government subsidies received[7]. - Net profit attributable to shareholders was CNY 23.12 million, reflecting a 46.64% decrease compared to the previous year[3]. - Basic and diluted earnings per share were both CNY 0.0422, a decline of 46.65% year-over-year[3]. - Total operating revenue for the first three quarters of 2025 reached ¥2,988,064,986.44, a slight increase from ¥2,970,597,838.29 in the same period of 2024, representing a growth of approximately 0.6%[19]. - Total operating costs for the first three quarters of 2025 were ¥2,865,679,659.54, compared to ¥2,836,692,414.57 in 2024, indicating an increase of about 1.5%[19]. - Net profit for the first three quarters of 2025 was ¥114,496,602.97, down from ¥121,060,865.74 in 2024, reflecting a decrease of approximately 5.5%[20]. - Earnings per share (EPS) for the first three quarters of 2025 was ¥0.2091, compared to ¥0.2210 in the same period of 2024, showing a decline of about 5.4%[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5.07 billion, a slight decrease of 0.44% from the end of the previous year[4]. - The company's current assets decreased to RMB 2,255,665,254.36 from RMB 2,586,384,768.35 in the previous period, indicating a decline of approximately 12.8%[15]. - Total liabilities as of the latest reporting period amounted to ¥1,857,089,742.74, a decrease from ¥1,884,984,461.68 in the previous year[17]. - Total equity attributable to shareholders reached ¥3,215,558,090.85, slightly up from ¥3,210,147,167.88 in the previous year[17]. - The company's total liabilities and equity structure remains stable, with no significant changes reported in the financing or borrowing activities[14]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 281.38 million, down 1.32% compared to the previous year[3]. - Cash inflow from operating activities for the first three quarters of 2025 was approximately $3.39 billion, compared to $3.37 billion in the same period of 2024, reflecting a slight increase of 0.3%[22]. - Net cash flow from operating activities for the first three quarters of 2025 was $281.38 million, a decrease of 1.4% from $285.16 million in 2024[22]. - Cash inflow from investment activities in the first three quarters of 2025 was approximately $2.29 billion, significantly higher than $1.87 billion in 2024, marking an increase of 22%[22]. - Net cash flow from investment activities for the first three quarters of 2025 was $23.40 million, recovering from a negative cash flow of $48.91 million in 2024[23]. - The total cash inflow from operating activities was $3.39 billion, while total cash outflow was $3.11 billion, resulting in a net cash inflow of $281.38 million[22]. - The company reported a net cash outflow from financing activities of $175.66 million in the first three quarters of 2025, slightly improved from a net outflow of $178.12 million in 2024[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,419[10]. - The total amount raised for the sixth employee stock ownership plan is capped at RMB 6.8 million, funded by the company's allocation for outstanding employees and part of the annual profit-sharing for store managers[12]. - The sixth employee stock ownership plan purchased 466,000 shares in the secondary market at an average price of RMB 11.9285 per share, totaling RMB 5,558,700 (excluding transaction fees), representing 0.0851% of the company's total share capital[12]. - The company has 9 former employees whose shares in the sixth employee stock ownership plan have been reclaimed, canceling their participation eligibility[13]. Financial Condition - The weighted average return on equity decreased to 0.72%, down 0.65 percentage points from the previous year[4]. - The company reported a significant increase in accounts receivable, which rose by 61.32% year-over-year, attributed to increased credit sales[8]. - The construction of the Ningbo cold chain distribution center has led to a 278.34% increase in construction in progress[8]. - Cash and cash equivalents decreased significantly from RMB 1,437,913,414.11 to RMB 849,161,932.61, a drop of about 40.7%[14]. - The company's inventory decreased from RMB 310,814,697.49 to RMB 264,934,506.49, reflecting a reduction of approximately 14.8%[15]. - The company's fixed assets decreased from RMB 935,000,489.83 to RMB 891,030,615.17, a decline of about 4.7%[15]. - The company's non-current assets increased from RMB 2,508,746,861.21 to RMB 2,816,982,579.23, an increase of approximately 12.2%[15]. - The company reported a financial income of ¥21,569,499.11 for the first three quarters of 2025, down from ¥27,098,325.69 in 2024, indicating a decrease of approximately 20.4%[19]. - The company's financial expenses showed a significant improvement, with a net financial income of -¥19,135,228.21 in 2025 compared to -¥50,712,173.72 in 2024, indicating a reduction in financial costs[19]. Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first execution[24].