HOLIKE(SH:603898)2025-10-29 09:55Financial Performance - The company's operating revenue for Q3 2025 was ¥435,103,726.90, a decrease of 16.44% compared to the same period last year[2] - The total profit for the period was a loss of ¥4,703,705.80, representing a decline of 111.19% year-on-year[2] - The net profit attributable to shareholders was ¥6,731,162.73, down 85.40% from the previous year[2] - The net profit after deducting non-recurring gains and losses was ¥2,108,189.44, a decrease of 93.90% year-on-year, primarily due to a decline in business orders as the home furnishing retail market is still recovering[6] - The basic earnings per share for the period was ¥0.02, down 86.67% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2025 was approximately ¥1.27 billion, a decrease of 12.4% compared to ¥1.44 billion in the same period of 2024[15] - Net profit for the first three quarters of 2025 was approximately ¥30.72 million, a decline of 66.3% from ¥90.96 million in 2024[16] - Basic earnings per share for the first three quarters of 2025 were ¥0.10, down from ¥0.29 in 2024[17] - The company recorded a total comprehensive income of approximately ¥30.34 million for the first three quarters of 2025, down from ¥86.75 million in 2024[16] Assets and Liabilities - The total assets at the end of the period were ¥3,852,882,714.93, a decrease of 19.03% from the end of the previous year[3] - As of September 30, 2025, the total assets of the company amounted to RMB 3,852,882,714.93, a decrease from RMB 4,758,594,752.94 as of December 31, 2024[11] - The company's current assets totaled RMB 1,386,187,445.09, down from RMB 2,292,822,036.73 in the previous period[11] - The company's inventory stood at RMB 287,271,079.68, a decline from RMB 324,928,719.11[12] - Total non-current assets were reported at RMB 2,466,695,269.84, slightly up from RMB 2,465,772,716.21[12] - Accounts receivable decreased to RMB 171,002,709.65 from RMB 193,694,673.08[11] - The company's total liabilities included accounts payable of RMB 171,405,904.21, down from RMB 194,689,787.51[12] - Contract liabilities were reported at RMB 246,158,289.63, a decrease from RMB 485,273,620.40[12] - The company has no short-term borrowings as of the latest report[12] - The company reported a total liability of approximately ¥685.19 million as of the end of the reporting period[15] Cash Flow - The net cash flow from operating activities for the year-to-date was a negative ¥135,628,183.04, a significant decline of 5,112.42%[2] - Cash flow from operating activities for the first three quarters of 2025 was negative at approximately -¥135.63 million, compared to a positive cash flow of ¥2.71 million in 2024[17] - The company’s cash inflow from operating activities was approximately ¥1.19 billion, compared to ¥1.55 billion in the same period of 2024[17] - Cash inflow from investment activities totaled $4,063,328,032.91, a decrease of 2.87% from $4,183,124,685.04[18] - Net cash outflow from investment activities was $523,133,161.61, compared to a negative cash flow of $231,282,535.73 in the previous period[18] - Cash inflow from financing activities amounted to $20,540,526.58, down from $4,390,068.04, indicating a significant decline[18] - Net cash outflow from financing activities was -$673,245,638.66, worsening from -$95,457,088.05 in the prior period[18] - The net increase in cash and cash equivalents was -$285,643,290.90, compared to -$323,820,367.52 previously[18] - The ending balance of cash and cash equivalents stood at $201,853,071.86, up from $155,991,869.08[18] Equity and Investments - The equity attributable to shareholders increased slightly to ¥3,147,516,699.30, up 0.66% from the end of the previous year[3] - Total equity attributable to shareholders was approximately ¥3.15 billion, showing a slight increase from ¥3.13 billion in the previous year[15] - Research and development expenses for the first three quarters of 2025 were approximately ¥64.84 million, a decrease of 16.6% from ¥77.77 million in 2024[15] - Cash received from investment in subsidiaries was $20,000,000.00, a significant increase from $548,822.00[18] - Cash paid for the acquisition of fixed assets and intangible assets was $24,259,091.30, down from $50,507,220.77[18] Accounting Standards - The company will not apply new accounting standards starting from 2025[19]