RAYNEN(SH:603933)2025-10-29 10:45Financial Performance - The company's revenue for the third quarter reached ¥509,840,271.34, an increase of 11.05% compared to the same period last year[5] - The total profit for the quarter was ¥9,054,505.36, reflecting a growth of 12.28% year-on-year[5] - Net profit attributable to shareholders decreased by 40.52% to ¥5,159,616.79 in the third quarter[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,642,755,461.58, an increase of 12.93% compared to ¥1,454,393,518.06 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥43,366,041.88, a decrease of 29.06% from ¥61,194,660.28 in 2024[20] - The company reported a decrease in comprehensive income attributable to shareholders of the parent company, totaling ¥36,905,375.33 compared to ¥56,967,661.70 in the previous year[20] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥5,508,450.78, down 95.76% compared to the previous year[5] - The net cash flow from operating activities for the first three quarters of 2025 was ¥5,508,450.78, down significantly from ¥130,054,551.90 in 2024[22] - The cash inflow from operating activities totaled ¥1,562,962,712.64, compared to ¥1,302,445,374.83 in the same period last year[22] - Cash flow from investment activities showed a net outflow of $35.54 million, compared to a net outflow of $56.21 million in the previous period[23] - The net cash flow from financing activities was $49.45 million, a significant recovery from a net outflow of $62.77 million in the prior period[23] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥2,492,504,357.71, representing a 6.13% increase from the end of the previous year[6] - The total liabilities as of the end of the reporting period amounted to ¥1,137,516,336.32, an increase from ¥1,019,769,487.17 in the previous year[17] - The total equity attributable to shareholders of the parent company was ¥1,319,738,322.47, up from ¥1,295,285,621.64 year-over-year[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,470[10] - The largest shareholder, Ruineng Industrial Co., Ltd., holds 59.65% of the shares[11] - There are no significant changes in the top 10 shareholders or any related party transactions reported during the period[13] Operational Insights - The company attributed the decline in net profit to decreased demand in the industrial automation sector, particularly in the knitting machine control systems business[9] - The company is focusing on expanding its market presence and enhancing product development to drive future growth[15] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥90,023,109.34, slightly down from ¥90,488,635.13 in 2024[19] Cash Management - The company's cash and cash equivalents increased to RMB 234,768,196.88 from RMB 204,937,796.57, representing a growth of about 14.5%[15] - The ending balance of cash and cash equivalents was $192.88 million, up from $134.65 million at the end of the previous period[23] - The company received $552.32 million in cash from borrowings, an increase from $362.30 million year-over-year[23] - The cash paid for debt repayment was $464.18 million, compared to $395.49 million in the previous period[23] Accounting Standards - The company did not apply new accounting standards starting from 2025[24]