Der(SZ:002631)2025-10-29 10:55Revenue and Profitability - The company's revenue for Q3 2025 was ¥308,170,664.89, representing a decrease of 31.23% compared to the same period last year[5] - The net profit attributable to shareholders was -¥13,770,304.07, a decline of 154.60% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥19,890,737.50, down 267.87% from the previous year[5] - Total operating revenue for the current period was ¥831,387,695.64, a decrease of 26.3% from ¥1,128,850,710.49 in the previous period[23] - Net profit for the current period was a loss of ¥70,094,716.98, compared to a profit of ¥1,457,751.70 in the previous period[24] - The company reported a basic and diluted earnings per share of -0.0889, compared to 0.0019 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,284,245,241.03, a decrease of 12.24% from the end of the previous year[5] - Total current assets decreased from CNY 2,745,129,991.59 to CNY 2,619,312,262.67, a decline of approximately 4.6%[17] - Total assets decreased from CNY 3,742,356,609.49 to CNY 3,284,245,241.03, a decline of approximately 12.3%[19] - Total liabilities decreased to ¥1,090,842,221.50 from ¥1,478,858,872.99 in the previous period, reflecting a reduction of 26.2%[21] - Total equity attributable to shareholders decreased to ¥2,187,174,957.31 from ¥2,258,076,240.45, a decline of 3.1%[21] Cash Flow - Cash flow from operating activities for the year-to-date was -¥138,805,386.98, a decline of 263.71%[5] - The net cash flow from operating activities was negative at ¥138,805,386.98, a significant decline from a positive cash flow of ¥84,789,048.68 in the previous period[26] - Cash inflow from investment activities increased to ¥8,255,291,783.73, up from ¥6,509,377,902.58 in the previous period[26] - Cash outflow from investment activities totaled $8,689,102,898.70, an increase from $7,412,406,353.60 in the previous period, reflecting a significant investment strategy[27] - Net cash flow from investment activities was -$433,811,114.97, improving from -$903,028,451.02 year-over-year[27] - Cash inflow from financing activities amounted to $290,276,688.49, down from $568,273,260.22 in the prior period[27] - Net cash flow from financing activities was $81,150,476.86, a turnaround from -$183,621,504.84 in the previous year[27] - The net increase in cash and cash equivalents was -$491,464,527.31, compared to -$1,001,859,478.64 in the same period last year[27] - The ending balance of cash and cash equivalents was $328,222,573.80, up from $195,767,755.25 year-over-year[27] Financial Position Changes - The company reported a significant increase in financial assets, with trading financial assets rising by 225.64% compared to the previous year-end[8] - The company experienced a 91.16% decrease in financial expenses due to the redemption of convertible bonds[9] - Cash received from the sale of goods and services decreased by 34% year-on-year, primarily due to reduced sales revenue[12] - The company recorded a 2535% increase in cash received from the disposal of fixed assets, indicating a significant rise in idle asset sales[12] - Cash and cash equivalents dropped significantly from CNY 967,956,463.37 to CNY 363,935,676.35, representing a decrease of about 62.4%[17] - Trading financial assets increased from CNY 309,064,359.90 to CNY 1,006,445,270.59, marking a growth of approximately 225.3%[17] - Inventory decreased from CNY 636,169,436.88 to CNY 474,743,901.26, a reduction of about 25.4%[17] - Short-term borrowings decreased from CNY 350,207,045.55 to CNY 271,272,434.44, a reduction of about 22.6%[19] - Accounts payable decreased from CNY 259,731,603.34 to CNY 236,611,055.66, a decline of approximately 8.9%[19] - Contract liabilities decreased from CNY 592,818,673.75 to CNY 399,164,676.02, a reduction of about 32.7%[19] Corporate Actions and Future Outlook - The company completed the cancellation of Wuxi Huicheng Graphene Technology Application Co., Ltd. on August 21, 2025, which had no significant impact on overall operations and performance[15] - The company reported a total of 42,225 preferred shareholders at the end of the reporting period[14] - The company’s research and development expenses were ¥20,941,837.43, down from ¥23,267,485.63 in the previous period, indicating a decrease of 9.9%[23] - The third quarter financial report was not audited, indicating potential areas for further scrutiny[28] - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[29]