五芳斋(603237) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥393,770,585.06, a decrease of 15.68% compared to the same period last year[5] - The total profit for the quarter was -¥26,956,176.81, with a year-to-date profit of ¥227,013,200.18, reflecting a decrease of 17.07% year-on-year[5] - The net profit attributable to shareholders was -¥19,619,562.42 for the quarter, with a year-to-date net profit of ¥174,897,385.84, down 16.89% compared to the previous year[5] - The basic earnings per share for the quarter was -¥0.10, while the year-to-date earnings per share was ¥0.91, a decrease of 16.51%[6] - Total operating revenue for the first three quarters of 2025 was CNY 1,985,451,094.26, a decrease of 3.06% compared to CNY 2,048,204,998.92 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was CNY 175,293,847.87, a decline of 16.3% from CNY 209,485,750.35 in 2024[21] - Earnings per share for the first three quarters of 2025 were CNY 0.91, compared to CNY 1.09 in the same period of 2024[22] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥255,703,241.91, down 51.92% compared to the previous year[5] - The company reported a significant decline in cash flow due to reduced sales and collection cycles[10] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 2,051,756,210.43, down from CNY 2,271,376,854.63 in 2024[24] - The net cash flow from operating activities was $255.7 million, a decrease of 52% compared to $531.8 million in the previous period[25] - The company reported a total cash outflow of $1,796.1 million from operating activities, slightly up from $1,739.6 million in the previous period[25] Assets and Liabilities - Total assets at the end of the quarter were ¥2,401,806,176.62, an increase of 6.34% from the end of the previous year[6] - Total current assets as of September 30, 2025, amount to ¥1,012,599,481.25, an increase from ¥885,830,017.99 in the previous year[16] - Total assets as of September 30, 2025, are ¥2,401,806,176.62, up from ¥2,258,652,695.20[16] - Total liabilities as of the end of the reporting period were CNY 635,317,113.53, an increase from CNY 538,795,873.80 in the previous year[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,521[12] - The largest shareholder, Wufangzhai Group Co., Ltd., holds 32.33% of shares, totaling 63,726,734 shares[12] - The company repurchased 5,590,384 shares, representing 2.84% of total share capital[13] - The company has no known related party transactions among the top 10 shareholders[14] Expenses and Financial Activities - Total operating costs for the first three quarters of 2025 were CNY 1,764,019,455.81, down 1.41% from CNY 1,789,319,169.67 in 2024[20] - Research and development expenses for the first three quarters of 2025 were CNY 17,931,746.57, a decrease from CNY 20,704,246.25 in 2024[20] - The company reported a financial expense of CNY 2,257,824.24 for the first three quarters of 2025, compared to a financial income of CNY 239,080.17 in 2024[21] - The company received tax refunds amounting to CNY 29,163,053.70 during the first three quarters of 2025, compared to CNY 27,505,469.41 in 2024[24] Cash Management - Cash and cash equivalents decreased to ¥314,702,804.45 from ¥519,915,036.15 year-over-year[15] - Short-term borrowings increased to ¥1,000,000.00 from ¥500,000.00[16] - The ending balance of cash and cash equivalents was $292.5 million, a decrease from $741.9 million at the end of the previous period[27] - The company received $751.2 million in cash related to investment activities, a significant increase from $175.7 million in the prior period[25] - The company paid $970 million in cash related to other investment activities, compared to $226.6 million in the previous period[25] Accounting Standards - The company did not apply the new accounting standards starting from 2025[28]