NUPMG(SH:601999)2025-10-29 11:50Financial Performance - The company's operating revenue for the third quarter was ¥692,463,426.45, a decrease of 6.87% compared to the same period last year[3]. - The total profit for the quarter was ¥32,763,011.89, reflecting a decline of 25.06% year-over-year[3]. - Net profit attributable to shareholders was ¥33,394,264.85, an increase of 10.63% compared to the same quarter last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,471,400.91, up 12.47% year-to-date[3]. - Total operating revenue for the first three quarters of 2025 was RMB 1,684,930,076.54, a decrease of 5.9% compared to RMB 1,790,602,399.85 in the same period of 2024[19]. - The net profit for the first three quarters of 2025 reached CNY 74,572,093.32, a significant increase from CNY 39,344,241.79 in the same period of 2024, representing an increase of approximately 89.4%[20]. - The total comprehensive income for the first three quarters of 2025 was CNY 74,403,795.75, compared to CNY 39,816,662.38 in 2024, indicating a growth of about 86.9%[21]. - The company reported a total revenue from sales and services of CNY 1,348,014,354.82 for the first three quarters of 2025, slightly up from CNY 1,343,663,575.24 in 2024[22]. Assets and Liabilities - The company's total assets increased by 4.18% to ¥4,276,847,661.55 compared to the end of the previous year[7]. - Total assets as of September 30, 2025, reached RMB 4,276,847,661.55, an increase from RMB 4,105,236,859.83 at the end of 2024[18]. - Total liabilities increased to RMB 1,609,937,834.10 as of September 30, 2025, compared to RMB 1,479,185,947.13 at the end of 2024, reflecting a rise of 8.8%[19]. - The company's equity attributable to shareholders was RMB 2,649,329,362.38 as of September 30, 2025, compared to RMB 2,605,738,615.87 at the end of 2024, showing a slight increase of 1.7%[19]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥86,834,173.49 for the quarter[3]. - Cash flow from operating activities showed a net outflow of CNY -165,915,630.92 for the first three quarters of 2025, an improvement from CNY -183,757,913.13 in 2024[23]. - Cash and cash equivalents as of September 30, 2025, amounted to RMB 1,147,603,580.43, a decrease of 14.1% from RMB 1,335,731,392.08 at the end of 2024[16]. - Cash and cash equivalents at the end of the period stood at CNY 1,084,412,918.38, compared to CNY 1,015,348,762.80 at the end of the same period in 2024, marking an increase of approximately 6.8%[23]. Shareholder Returns - Basic earnings per share for the year-to-date period was ¥0.14, reflecting a 75% increase compared to the same period last year[7]. - Basic earnings per share for the first three quarters of 2025 were CNY 0.14, up from CNY 0.08 in 2024, reflecting a 75% increase[21]. Government Support and Taxation - The company received government subsidies amounting to ¥6,800,466.86 during the quarter, contributing to its financial performance[6]. - The company anticipates continued benefits from the tax exemption policy for the publishing industry, which positively impacted profits this year[8]. Operational Efficiency - Total operating costs for the first three quarters of 2025 were RMB 1,619,228,075.79, down 6.5% from RMB 1,731,433,063.89 in the previous year[19]. - The company incurred research and development expenses of CNY 8,032,662.67 in 2025, down from CNY 8,880,672.92 in 2024, indicating a decrease of about 9.5%[20]. - The company’s total operating profit for the first three quarters of 2025 was CNY 75,078,488.94, compared to CNY 67,922,966.68 in 2024, reflecting an increase of approximately 10.7%[20]. - The company’s financial expenses showed a decrease, with interest expenses at CNY 4,748,238.63 in 2025, down from CNY 7,499,642.86 in 2024, representing a reduction of about 36.9%[20]. Accounts Receivable and Inventory - Accounts receivable increased significantly to RMB 847,540,683.89 as of September 30, 2025, compared to RMB 426,125,434.18 at the end of 2024, representing a growth of 99.0%[16]. - Inventory decreased to RMB 721,105,847.57 as of September 30, 2025, down from RMB 771,704,054.07 at the end of 2024, a decline of 6.5%[16]. - Deferred income increased to RMB 50,356,531.37 as of September 30, 2025, compared to RMB 44,050,401.59 at the end of 2024, reflecting an increase of 14.9%[19]. Borrowings - Short-term borrowings rose to RMB 123,129,041.67 as of September 30, 2025, compared to RMB 85,097,152.78 at the end of 2024, indicating a growth of 44.7%[18].