舍得酒业(600702) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,000,479,022.41, a decrease of 15.88% compared to the same period last year[3] - The total profit for the period was ¥43,725,105.42, down 61.32% year-on-year[3] - Net profit attributable to shareholders was ¥28,734,739.00, reflecting a decline of 63.18% compared to the previous year[3] - Basic earnings per share for the period were ¥0.0880, down 58.29% year-on-year[3] - The weighted average return on equity decreased to 0.45%, down 0.41 percentage points from the previous year[3] - The net profit for the first three quarters of 2025 is CNY 469,919,705.49, a decrease of 29.5% compared to CNY 667,141,604.73 in the same period of 2024[15] - The total operating income for the first three quarters of 2025 is CNY 3,699,783,549.78, down from CNY 4,584,722,399.75 in 2024, representing a decline of 19.3%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥244,498,929.38, a decrease of 69.47%[8] - The net cash flow from operating activities for the first three quarters of 2025 is -CNY 244,498,929.38, compared to -CNY 144,275,175.51 in 2024[17] - The net cash flow from investing activities is -CNY 726,639,813.63 for 2025, a significant decrease from CNY 89,561,408.86 in 2024[18] - The net cash flow from financing activities for the first three quarters of 2025 is CNY 838,448,095.61, compared to -CNY 218,064,774.88 in 2024, indicating a positive shift[18] Assets and Liabilities - Total assets at the end of the period were ¥12,558,367,422.42, an increase of 6.41% from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to CNY 12,558,367,422.42, an increase from CNY 11,802,108,893.04 at the end of 2024[14] - Total liabilities increased to CNY 5,147,942,279.22 as of September 30, 2025, compared to CNY 4,670,838,401.80 at the end of 2024[13] Shareholder Information - The company has a total of 114,375 common shareholders as of the end of the reporting period[9] Operating Costs and Expenses - Total operating revenue for the first three quarters of 2025 was CNY 3,701,680,961.01, a decrease of 16.99% compared to CNY 4,459,901,263.34 in the same period of 2024[14] - Total operating costs for the first three quarters of 2025 were CNY 3,115,306,320.00, down 13.00% from CNY 3,574,334,951.54 in the previous year[14] - The total operating expenses for the first three quarters of 2025 are CNY 4,202,594,815.40, a decrease from CNY 4,998,798,616.08 in 2024[17] Research and Development - The company continues to focus on research and development, with R&D expenses amounting to CNY 58,491,035.77 for the first three quarters of 2025, slightly down from CNY 64,966,728.01 in the same period of 2024[14] Borrowings - Short-term borrowings rose to CNY 1,103,089,632.87 as of September 30, 2025, compared to CNY 710,968,042.19 at the end of 2024, representing a significant increase of 55.00%[13] - The company reported an increase in borrowing, with cash received from loans amounting to CNY 1,645,679,709.28 in 2025, compared to CNY 973,963,624.28 in 2024[18] Accounting Standards - The company has not applied new accounting standards for the year 2025[19]