海源复材(002529) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥71,541,054.65, representing a 279.03% increase year-over-year[5] - The net profit attributable to shareholders was -¥24,617,896.37, a decline of 399.56% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,916,377.71, a decrease of 38.90% year-over-year[5] - Total operating revenue for the current period reached ¥277,687,470.67, a significant increase of 126.5% compared to ¥122,789,385.08 in the previous period[26] - Net profit for the current period was a loss of ¥90,366,359.22, compared to a loss of ¥41,967,774.36 in the previous period, reflecting a deterioration in profitability[27] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥796,271,992.62, down 8.66% from the end of the previous year[5] - The total liabilities increased to ¥602,942,897.42 from ¥580,777,646.33, reflecting a rise in financial obligations[25] - The equity attributable to shareholders decreased by 33.57% to ¥193,329,095.20 compared to the end of the previous year[5] - Current liabilities decreased to ¥470,965,057.22 from ¥501,224,606.86, showing a decline of approximately 6.0%[24] - Total assets decreased to ¥796,271,992.62 from ¥871,787,343.08, a reduction of about 8.6%[24] Cash Flow - Cash flow from operating activities increased by 151.66% year-over-year, amounting to ¥9,466,171.27[20] - The net cash flow from operating activities was ¥9,466,171.27, a recovery from a negative cash flow of ¥18,322,607.10 in the prior period[28] - The net cash flow from investing activities decreased by 69.92% year-over-year, mainly due to reduced cash received from the disposal of fixed assets and subsidiaries[20] - The company reported a significant increase in sales cash inflow to ¥287,694,602.10 from ¥143,471,971.82 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,396[21] - The largest shareholder, Xinyu Jinzixin Enterprise Management Center (Limited Partnership), holds 14.30% of shares, totaling 37,175,000 shares[21] Operational Metrics - The company reported a 126.15% increase in operating income year-over-year, primarily due to growth in the photovoltaic business[15] - The company experienced a 409.13% increase in credit impairment losses compared to the previous year, attributed to increased provisions for bad debts[17] - Research and development expenses increased to ¥11,918,499.03, up from ¥10,988,975.76, indicating a focus on innovation[26] - The company incurred a credit impairment loss of ¥3,583,110.83, compared to ¥703,777.98 in the previous period, highlighting increased credit risk[27] Other Information - The company has not disclosed any changes in the participation of major shareholders in margin trading or securities lending[22] - There are no significant updates regarding new products, technologies, market expansion, or mergers and acquisitions mentioned in the reports[22] - The third quarter financial report of Jiangxi Haiyuan Composite Materials Technology Co., Ltd. has not been audited[31] - The new accounting standards will be implemented starting from 2025, affecting the financial statements from the beginning of that year[31] - The company’s board of directors provided the financial report on October 30, 2025[31]