DFAC(SH:600006)2025-10-29 11:15Financial Performance - The company's operating revenue for the third quarter was CNY 1,979,955,958.87, a decrease of 9.22% compared to the same period last year[5]. - The total profit for the year-to-date period was CNY 120,131,843.56, reflecting a decrease of 12.13% year-on-year[5]. - The net profit attributable to shareholders for the year-to-date period was CNY 101,535,463.51, with a significant drop in net profit excluding non-recurring gains and losses, amounting to CNY -202,536,912.43[5]. - The basic earnings per share for the third quarter was CNY 0.0022, while the diluted earnings per share was also CNY 0.0022[5]. - The weighted average return on equity for the third quarter was 0.05%, down from 1.22% at the end of the previous year[6]. - The net profit for the current period is CNY 102,664,419.72, a significant recovery from a net loss of CNY 113,781,148.41 in the previous period[20]. - Operating profit stands at CNY 122,947,232.31, compared to an operating loss of CNY 107,981,688.39 last year, indicating a turnaround in operational performance[19]. - The total comprehensive income attributable to the parent company is CNY 101,535,463.51, recovering from a loss of CNY 114,643,537.63 in the previous period[20]. - The basic and diluted earnings per share are both CNY -0.0573, compared to CNY 0.0508 in the prior year, indicating a decline in profitability per share[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 16,332,385,745.12, a decrease of 5.23% compared to the end of the previous year[6]. - The equity attributable to shareholders increased to CNY 8,367,934,079.30, reflecting a growth of 1.11% from the previous year-end[6]. - The company reported a total liability of CNY 7,670,648,086.41 as of September 30, 2025, down from CNY 8,663,879,094.54 in 2024[16]. - The total equity attributable to shareholders was CNY 8,367,934,079.30 as of September 30, 2025, an increase from CNY 8,276,398,615.79 at the end of 2024[16]. - Cash and cash equivalents decreased to CNY 3,474,767,423.35 from CNY 4,200,560,773.33 in the previous year[14]. - The company’s long-term investments were valued at CNY 1,395,256,577.04 as of September 30, 2025, down from CNY 1,472,105,561.94 at the end of 2024[14]. - The company’s inventory decreased to CNY 1,051,471,882.09 from CNY 1,507,392,268.51 in the previous year[14]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY -258,044,680.95, indicating challenges in cash generation[5]. - The net cash flow from operating activities is negative at CNY -258,044,680.95, an improvement from CNY -2,313,518,166.89 in the previous year[22]. - Investment activities generated a net cash outflow of CNY -433,572,937.93, contrasting with a net inflow of CNY 891,991,607.95 last year[22]. Revenue and Costs - Total operating revenue for the first three quarters of 2025 was CNY 7,010,936,212.38, a decrease of 12.16% compared to CNY 7,978,602,563.63 in the same period of 2024[18]. - Total operating costs for the first three quarters of 2025 amounted to CNY 7,476,471,528.68, down 13.09% from CNY 8,604,160,516.47 in the previous year[18]. - Operating costs included CNY 6,764,604,739.56 in operating expenses for 2025, which decreased from CNY 7,737,215,546.64 in 2024[18]. - Total revenue from sales of goods and services received cash of CNY 7,323,460,803.93, down from CNY 7,969,543,626.21 in the same period last year, representing a decline of 8.1%[22]. Non-Recurring Items - Non-recurring gains and losses for the year-to-date period totaled CNY 119,799,891.80, with significant contributions from government subsidies and asset disposals[8]. - The company implemented measures to stabilize prices, adjust sales structure, and reduce costs, which contributed to performance improvement[7]. Research and Development - Research and development expenses decreased to CNY 218,612,033.01 from CNY 344,674,062.48, reflecting a 36.6% reduction year-over-year[19]. Taxation - The company reported a tax expense of CNY 17,467,423.84, up from CNY 8,100,443.01 in the previous period, indicating increased tax obligations[19].