沃尔核材(002130) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 reached ¥2,136,899,369.95, representing a year-on-year increase of 23.87%[3] - The net profit attributable to shareholders for the same period was ¥263,765,564.87, up 11.92% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥258,120,396.78, reflecting a 13.75% increase year-on-year[3] - The net profit for the current period is 883,303,509.40, an increase from 709,242,581.34 in the previous period, representing a growth of approximately 24.5%[26] - Operating profit for the current period reached 1,037,089,313.12, compared to 811,976,792.83 in the previous period, indicating an increase of approximately 27.7%[25] - Total comprehensive income for the current period is 853,466,647.33, up from 698,491,369.49, marking a growth of around 22.2%[26] - Basic and diluted earnings per share increased to 0.6590 from 0.5200, representing a rise of approximately 26.7%[26] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥11,698,651,067.93, an increase of 13.96% from the end of the previous year[4] - The total assets of the company reached ¥11,698,651,067.93, up from ¥10,265,362,143.33, indicating a growth of 13.9%[22] - The total liabilities increased to ¥5,232,957,152.03 from ¥4,137,035,609.92, reflecting a rise of 26.5%[22] - The company's equity attributable to shareholders increased by 11.54% to ¥6,173,519,369.35 compared to the previous year[4] - The equity attributable to the parent company increased to ¥6,173,519,369.35 from ¥5,534,803,254.52, a growth of 11.6%[22] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥624,581,072.51, an increase of 13.80% compared to the previous year[3] - Cash flow from operating activities generated a net amount of 624,581,072.51, compared to 548,818,875.02 in the previous period, showing an increase of about 13.8%[29] - The net cash flow from investing activities decreased by 14,459.43 thousand yuan, a decline of 25.87% compared to the same period last year, primarily due to increased cash payments for fixed assets, intangible assets, and other long-term assets[13] - Cash flow from investing activities resulted in a net outflow of -703,591,016.69, worsening from -558,996,742.41 in the previous period[30] - The net cash flow from financing activities increased by 20,119.88 thousand yuan, representing a growth of 137.58% year-over-year, mainly due to funds received from the employee stock ownership plan and reduced cash payments for debt repayment[13] - Cash flow from financing activities yielded a net inflow of 54,957,356.46, a recovery from a net outflow of -146,241,372.67 in the previous period[30] Expenses and Costs - The gross profit margin for the reporting period was 32.08%, slightly down from 32.84% in the previous year[10] - Total operating costs amounted to ¥5,049,113,155.09, up from ¥4,049,224,070.80, reflecting a year-over-year increase of 24.7%[24] - Research and development expenses rose by 26.86% to ¥32,568,760.00, primarily due to increased employee compensation and material costs[10] - Research and development expenses increased to 325,687,560.30 from 256,721,320.26, reflecting a rise of about 26.8%[25] - Tax expenses for the current period were 152,782,760.51, up from 103,101,833.69, indicating an increase of about 48.2%[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 203,344[15] Inventory and Borrowings - The company reported a significant increase in inventory, which rose by 31.64% to ¥1,139,055,200.00, driven by increased demand and unfulfilled orders[8] - Short-term borrowings increased by 76.88% to ¥607,807,200.00, primarily due to new short-term loans taken during the reporting period[8] - Accounts receivable increased to ¥2,755,800,865.68, compared to ¥2,489,745,112.23, representing a growth of 10.7%[20] - Inventory rose significantly to ¥1,139,055,150.76 from ¥865,307,210.98, marking a 31.6% increase[20] Future Plans - The company plans to issue H shares and apply for listing on the Hong Kong Stock Exchange, with the application materials submitted to regulatory authorities[18] - The company sold 4,552,200 shares of Shuguang Cable during the reporting period, resulting in no remaining holdings in that stock[17]