中通国脉(603559) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥131,887,120.38, representing a year-on-year increase of 3.45%[4] - The total profit for the period was a loss of ¥22,454,629.41, with a year-to-date loss of ¥65,490,575.67[4] - The net profit attributable to shareholders was a loss of ¥22,231,281.31 for the quarter, and a year-to-date loss of ¥64,925,902.84[4] - The basic and diluted earnings per share for the quarter were both -¥0.06, with year-to-date figures at -¥0.16[5] - Total operating revenue for the first three quarters of 2025 reached ¥307,046,078.42, an increase of 26.0% compared to ¥243,708,519.25 in the same period of 2024[17] - Total operating costs for the first three quarters of 2025 were ¥338,756,455.63, up 28.8% from ¥262,961,991.26 in the previous year[17] - Net loss for the first three quarters of 2025 was ¥65,492,296.46, compared to a net loss of ¥84,389,611.59 in the same period of 2024, representing a 22.4% improvement[18] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.16, an improvement from -¥0.59 in the same period of 2024[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,474,173,353.49, a decrease of 12.48% compared to the end of the previous year[5] - The equity attributable to shareholders was ¥951,653,207.71, down 6.32% from the previous year-end[5] - The company's total assets amounted to approximately ¥1.47 billion, a decrease from ¥1.68 billion as of December 31, 2024[13] - The company's current assets totaled approximately ¥1.41 billion, down from ¥1.62 billion in the previous period[14] - The company's total liabilities decreased to ¥530,621,428.18 in 2025 from ¥676,011,478.87 in 2024, a reduction of 21.5%[16] - The total equity attributable to shareholders decreased to ¥951,653,207.71 in 2025 from ¥1,015,819,423.34 in 2024, a decline of 6.3%[16] Cash Flow - The cash flow from operating activities for the year-to-date was -¥52,059,829.10, indicating negative cash flow[5] - The company's cash inflow from operating activities totaled ¥514,588,436.95 in the first three quarters of 2025, significantly higher than ¥105,000,068.47 in the same period of 2024[21] - Cash received from sales of goods and services was ¥140,459,135.79, compared to ¥85,237,353.12 in the first three quarters of 2024, marking a 64.8% increase[21] - The net cash flow from operating activities was -$52.06 million, compared to -$4.37 million in the previous period, indicating a significant decline in operational cash generation[22] - Total cash outflow from operating activities amounted to $566.65 million, up from $109.37 million, reflecting increased operational expenses[22] - The ending cash and cash equivalents balance was $25.57 million, down from $145.02 million at the beginning of the period, showing a significant reduction in liquidity[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,271[10] - The largest shareholder, Xinjiang Jinzheng Construction Technology Co., Ltd., holds 22.50% of the shares, totaling 90,287,321 shares[10] Operational Insights - The company reported non-operating income and expenses totaling -¥565,147.66 for the quarter, with a year-to-date total of -¥4,178,971.64[8] - The company has not reported any new product developments or technological advancements during this period[12] - There are no indications of market expansion or mergers and acquisitions in the recent financial report[12] - The company has not provided any future performance guidance or outlook in the current report[12] Expense Management - The company reported a significant increase in management expenses, which rose to ¥49,108,327.76 in 2025 from ¥23,241,524.39 in 2024, an increase of 111.5%[17] - The company’s credit impairment losses were reported at ¥33,083,579.24, compared to ¥21,282,776.34 in the previous year, indicating a 55.5% increase[18] - Cash paid to employees was $77.28 million, significantly higher than $38.18 million previously, indicating increased labor costs[22] - The company reported cash paid for taxes of $13.33 million, up from $1.83 million, reflecting higher tax obligations[22] Future Considerations - The company is set to implement new accounting standards starting in 2025, which may impact future financial reporting[24]