三祥新材(603663) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥296,174,452.26, representing a year-on-year increase of 21.66%[4]. - The total profit for the period reached ¥35,078,344.77, a significant increase of 279.79% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥33,048,620.54, reflecting a year-on-year growth of 133.44%[4]. - The net profit excluding non-recurring gains and losses was ¥32,480,035.02, up 126.80% year-on-year[5]. - Total operating revenue for the first three quarters of 2025 reached CNY 858.23 million, a slight increase from CNY 850.06 million in the same period of 2024, representing a growth of approximately 0.14%[19]. - Net profit for the first three quarters of 2025 was CNY 77.33 million, a decrease from CNY 79.83 million in 2024, reflecting a decline of approximately 3.13%[20]. - Other comprehensive income after tax for the first three quarters of 2025 was CNY 8.63 million, compared to a loss of CNY 3.93 million in 2024, showing a significant turnaround[20]. Assets and Liabilities - The company's total assets increased by 4.71% to ¥2,145,043,565.47 compared to the end of the previous year[5]. - The total assets as of September 30, 2025, amounted to RMB 2,145,043,565.47, an increase from RMB 2,048,468,378.57 at the end of 2024[14]. - Current assets reached RMB 897,053,933.06, up from RMB 765,870,756.23 in the previous year, indicating a growth of approximately 17.1%[14]. - The total liabilities increased to CNY 743.18 million in 2025 from CNY 677.28 million in 2024, representing an increase of approximately 9.7%[19]. - Non-current assets totaled RMB 1,247,989,632.41, down from RMB 1,282,597,622.34, indicating a decrease of approximately 2.7%[15]. Shareholder Information - The company reported a total of 33,720 common shareholders at the end of the reporting period[11]. - Major shareholders include Japan's Eisho Trading Co., Ltd. with a 20.1% stake and Ningde City Huifu Investment Co., Ltd. with a 17.12% stake[11]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥68,664,575.44[5]. - The net cash flow from operating activities improved significantly to CNY 68.66 million in 2025, compared to CNY 6.08 million in 2024, indicating a substantial increase in operational efficiency[22]. - The total cash inflow from operating activities was CNY 834.02 million in 2025, down from CNY 930.59 million in 2024, indicating a decrease of approximately 10.3%[22]. - The net cash flow from investment activities was -$7,282,929.68, compared to -$72,639,420.81 in the previous period, indicating an improvement[23]. - The net cash flow from financing activities was -$31,111,737.50, contrasting with a positive flow of $80,538,742.46 in the prior year[23]. Expenses - Total operating costs increased to CNY 762.60 million in 2025 from CNY 740.57 million in 2024, marking an increase of about 2.03%[19]. - Research and development expenses for the first three quarters of 2025 were CNY 29.87 million, down from CNY 34.49 million in 2024, showing a decrease of about 13.4%[19]. Government Support - The company received government subsidies amounting to ¥1,333,406.23 during the period, which positively impacted the financial results[7].