HAIMO(SZ:300084)2025-10-29 11:35Financial Performance - The company's revenue for Q3 2025 was ¥108,270,098.55, a decrease of 20.78% compared to the same period last year[5] - The net profit attributable to shareholders was -¥47,986,047.77, representing a decline of 189.47% year-on-year[5] - Basic earnings per share were -¥0.094, reflecting a decrease of 123.81% compared to the previous year[5] - The weighted average return on equity was -3.76%, a decline of 2.18% year-on-year[5] - Total operating revenue for the current period reached ¥305,652,486.68, a slight increase from ¥300,765,456.21 in the previous period, representing a growth of approximately 1.3%[35] - Net loss for the current period was ¥62,281,858.47, compared to a net loss of ¥51,320,617.19 in the previous period, indicating a worsening of approximately 21.5%[37] - The company reported a total comprehensive loss of ¥60,774,356.25, compared to a loss of ¥56,256,130.68 in the previous period, indicating a decline of approximately 8.9%[37] - Basic and diluted earnings per share for the current period were both -0.1186, compared to -0.1374 in the previous period, showing an improvement in loss per share[38] Cash Flow - The cash flow from operating activities showed a significant increase of 130.64%, amounting to ¥66,817,871.33[5] - Total cash inflow from operating activities reached ¥595,133,605.67, up from ¥460,725,656.90, reflecting a growth of 29.1%[39] - Cash received from other operating activities increased significantly to ¥114,849,244.08 from ¥29,048,434.96, marking a growth of 295.5%[39] - The company’s cash flow from operating activities was positively impacted by a reduction in tax payments, which decreased to ¥30,088,822.43 from ¥33,860,477.87, a decline of 11.4%[39] - Cash inflow from financing activities totaled ¥318,350,000.00, while cash outflow was ¥510,903,074.10, leading to a net cash flow from financing activities of -¥192,553,074.10[40] - Cash outflow from investing activities was ¥875,213,938.18, resulting in a net cash flow from investing activities of -¥142,384,960.02, compared to -¥21,666,017.40 in the previous period[40] - The ending cash and cash equivalents balance was ¥325,566,344.45, compared to ¥139,500,618.59 at the end of the previous period, indicating a decrease of 133.3%[40] - The company received cash from investment recoveries amounting to ¥721,637,364.71, which was not present in the previous period[40] - The company reported a cash inflow of ¥2,640,009.45 from investment income, which was not recorded in the previous period[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,003,949,470.25, down 10.31% from the end of the previous year[5] - The company's total assets decreased to ¥2,003,949,470.25 from ¥2,234,266,441.08, reflecting a decline of about 10.3%[34] - Total liabilities also decreased to ¥738,910,136.72 from ¥909,959,248.71, a reduction of approximately 18.8%[34] - The company's total equity decreased to ¥1,265,039,333.53 from ¥1,324,307,192.37, indicating a decline of about 4.5%[34] - The company's fixed assets decreased from CNY 289,081,523.04 to CNY 258,012,690.65 during the same period[31] - As of September 30, 2025, the total current assets amounted to CNY 1,347,427,043.62, down from CNY 1,529,010,683.23 at the beginning of the period[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,667[11] - Shandong New Journey Energy Co., Ltd. holds 22.39% of shares, totaling 114,260,979 shares, with 59,000,000 shares pledged[11] - The largest shareholder, Dou Jianwen, holds 7.58% of shares, totaling 38,664,456 shares[11] - The company has a total of 114,260,979 restricted shares, which will be released on May 18, 2026[14] - The company has a total of 2,188,100 shares held by shareholder Deng Gang, with 1,322,100 shares in a regular account and 866,000 shares in a margin account[12] - Dou Jianwen's shares are subject to a lock-up period until August 5, 2026, with 25% of his total shares eligible for circulation each year[14] - The company has not disclosed any changes in the shareholding structure of the top 10 shareholders due to margin trading[12] - The company has a total of 2,740,717 shares held by Morgan Stanley & Co. International PLC, representing 0.54% of shares[11] - The company has a total of 2,543,759 shares held by Goldman Sachs International, representing 0.50% of shares[11] - The voting rights of 117,447,279 shares, representing 23.02% of the total share capital, have been entrusted to Fan Zhonghua until July 30, 2025[11] - The company completed the repurchase and cancellation of 86,818 restricted shares, with a total payment of RMB 276,443.82[20] - The company's registered capital was changed to RMB 510,334,717 following board and shareholder approvals[18] - The total number of shares after the repurchase and cancellation is now 510,247,899[20] - The company transferred a total of 25,525,000 shares, representing 5.00% of the total share capital, to Mr. Fan Zhonghua, changing the controlling shareholder to him[22] - The voting rights of 117,447,279 shares, accounting for 23.02% of the total share capital, were irrevocably entrusted to Mr. Fan Zhonghua[23] - Mr. He Xiaodeng reduced his shareholding by 134,800 shares, which is 0.0264% of the total share capital[24] - Mr. Dou Jianwen reduced his shareholding by 8,427,302 shares, representing 1.65% of the total share capital[25] - Mr. Ma Jun reduced his shareholding by 700,000 shares, which is 0.14% of the total share capital[26] Management and Governance - The company appointed Du Qinjie as the new chairman and CEO, effective from January 8, 2025[16] - The company has undergone changes in its board of directors, including the resignation of non-independent director Peng Duan[16] - The company completed the election of 5 non-independent directors and 3 independent directors during the board's early re-election[27] - The company relocated its office to a new address in Lanzhou, Gansu Province[28] - The company decided to repurchase and cancel a total of 1,858,000 restricted shares due to the disqualification of certain incentive plan participants[29] - The company reported a total of 165,862,133 restricted shares held by 71 incentive targets[19] - The company will implement a stock incentive plan with a gradual release of shares for executives[19] - The company has a lock-up period for executive shares until March 28, 2026, with 25% of shares becoming tradable annually[19] - The company completed the necessary registration and documentation for changes in its legal representative and capital structure[18] Investment and Expenses - Investment income surged by 1257.27% to ¥2,638,958.87, attributed to returns from purchased financial products[9] - Research and development expenses increased to ¥32,148,503.80 from ¥26,388,549.69, representing a growth of approximately 21.5%[35] - The company recorded an asset impairment loss of -¥25,411,574.35, a significant increase of 456.60% due to prudent asset valuation measures[9] - The company paid ¥138,814,837.12 in employee compensation, slightly up from ¥134,160,220.93, reflecting a 3.9% increase[39]