兴源环境(300266) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 259,998,136, representing a 7.53% increase compared to CNY 241,786,100 in the same period last year[5]. - The net profit attributable to shareholders for Q3 2025 was CNY 21,958,520, a significant increase of 66.79% from CNY 66,112,290 in the previous year[5]. - The basic earnings per share for Q3 2025 was -0.0141, an improvement of 66.75% from -0.0425 in the same period last year[5]. - The net loss for the current period was ¥78,045,277.95, an improvement from a net loss of ¥167,981,069.40 in the previous period[26]. - The operating profit (loss) for the current period was -¥74,556,310.71, compared to -¥164,674,896.03 in the previous period, indicating a significant reduction in losses[26]. - The basic and diluted earnings per share were both -¥0.0366, an improvement from -¥0.0992 in the previous period[27]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 39,555,980, showing a decrease of 158.69% compared to CNY 67,396,090 in the same period last year[5]. - Net cash flow from operating activities decreased by 158.69% to -¥395.56 million, mainly due to reduced sales collections[15]. - Cash inflows from operating activities totaled ¥1,006,349,316.86, down from ¥1,147,067,306.51 in the previous period, a decrease of 12.3%[28]. - Cash outflows from operating activities were ¥1,045,905,301.73, compared to ¥1,079,671,206.91 in the previous period, showing a decrease of 3.1%[28]. - The net cash flow from operating activities was -$39.56 million, compared to $67.40 million in the previous period[29]. - The total cash inflow from investing activities was $16.56 million, while cash outflow was $114.04 million, resulting in a net cash flow of -$97.47 million[29]. - Cash inflow from financing activities totaled $989.51 million, with a net cash flow of $86.61 million, contrasting with a net outflow of -$384.51 million in the previous period[29]. - The ending balance of cash and cash equivalents was $351.62 million, down from $402.11 million at the beginning of the period[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,471,975,474.71, reflecting a decrease of 1.49% from CNY 9,614,929,692.86 at the end of the previous year[5]. - The equity attributable to shareholders decreased by 62.76% to CNY 33,981,803.70 from CNY 91,239,271.87 at the end of the previous year[5]. - Total current assets decreased from CNY 3,018,157,388.46 to CNY 2,926,454,233.68, a decline of approximately 3.05%[21]. - Cash and cash equivalents decreased from CNY 547,190,834.14 to CNY 462,331,158.63, representing a decrease of about 15.5%[21]. - Total non-current assets decreased from CNY 6,596,772,304.40 to CNY 6,545,521,241.03, a decline of about 0.78%[22]. - Total liabilities increased significantly, with short-term borrowings rising by 36.56% to ¥956.13 million due to new borrowings[11]. - The total liabilities increased from CNY 7,537,733,931.38 to CNY 7,823,174,097.11, an increase of approximately 3.79%[22]. - The total liabilities decreased slightly to ¥8,795,523,718.53 from ¥8,852,388,791.29, a reduction of 0.6%[23]. Income and Expenses - Total operating revenue for the current period reached ¥731,761,186.81, an increase of 4.3% compared to ¥700,964,526.17 in the previous period[25]. - Total operating costs amounted to ¥891,574,364.06, up from ¥875,871,168.99, reflecting a rise of 1.8%[25]. - Other income surged by 125.60% to ¥1.01 billion, primarily from government subsidies received[12]. - Investment income increased by 647.32% to ¥876.49 million, attributed to higher debt restructuring gains[12]. - The company reported an investment income of ¥8,764,890.56, compared to a loss of -¥1,601,415.57 in the previous period, indicating a positive turnaround[25]. Non-Recurring Items - Non-recurring gains and losses for the reporting period amounted to CNY 15,713,380.78, with a year-to-date total of CNY 99,662,257.19[8]. - The company reported a government subsidy of CNY 333,275.15 for the year-to-date period, contributing to its non-recurring gains[8]. - The company does not have any other items that meet the definition of non-recurring gains and losses[8]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 30,358[16]. - The company reported a total of 892,650 shares under lock-up for executives, with no shares released during the period[19]. Accounting Changes - The company has implemented a change in accounting policy regarding quality assurance liabilities, which will affect future financial reporting[5].