青龙管业(002457) - 2025 Q3 - 季度财报

Financial Performance - Q3 2025 revenue was CNY 633.83 million, a decrease of 2.27% year-over-year, and year-to-date revenue was CNY 1.57 billion, down 9.32% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was CNY 37.52 million, a decline of 9.21%, while year-to-date net profit was CNY 50.99 million, down 54.91% year-over-year[5] - Basic and diluted earnings per share for Q3 2025 were CNY 0.1132, reflecting a decrease of 9.20% compared to the same quarter last year[5] - Total operating revenue for the current period is CNY 1,568,374,499.70, a decrease of 9.26% from CNY 1,728,330,812.46 in the previous period[16] - Net profit for the current period is 44,218,177.69, a decrease of 64.0% compared to 122,850,870.74 in the previous period[17] - Total comprehensive income for the current period is 44,646,067.69, down from 122,232,155.67 in the previous period, reflecting a decline of 63.4%[17] - The company reported a decrease in operating profit to 39,812,422.72, down 70.7% from 135,954,666.15 in the previous period[17] - Basic and diluted earnings per share are both 0.1539, down from 0.3413 in the previous period, reflecting a decline of 54.8%[18] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 4.87 billion, an increase of 7.25% from the end of the previous year[5] - Total liabilities increased to CNY 2,166,379,802.82 from CNY 1,838,919,911.02, reflecting a growth of 17.83%[15] - Total assets reached CNY 4,867,296,102.02, up from CNY 4,538,299,072.11, indicating an increase of 7.25%[16] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 118.68 million year-to-date, a significant decrease of 138.43% compared to the previous year[5] - Cash flow from operating activities shows a net outflow of -118,675,663.38, compared to -49,774,005.93 in the previous period, indicating a worsening cash flow situation[19] - Cash flow from financing activities generated a net inflow of 284,697,299.56, an increase of 145.0% compared to 116,094,862.80 in the previous period[19] - Investment activities resulted in a net cash outflow of -111,526,212.99, an improvement from -129,182,089.56 in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 52,338[11] - Ningxia Qinglong Technology Holdings Co., Ltd. holds 19.09% of shares, totaling 63,649,904 shares, with 43,800,000 shares pledged[11] - The second largest shareholder, Chen Jiaxing, holds 8.17% of shares, totaling 27,242,300 shares, with 6,200,000 shares pledged[11] - The total number of preferred shareholders is zero, indicating no preferred shares outstanding[12] - The top ten shareholders do not include any shareholders involved in margin trading or securities lending[11] - The company has not disclosed any changes in the top ten shareholders due to securities lending or borrowing[12] - The company’s major shareholder, Ningxia Qinglong Technology Holdings Co., Ltd., is also the actual controller of the company[11] Investments and Income - The company reported a 40.23% decrease in notes receivable compared to the beginning of the year, primarily due to fewer notes received during the period[9] - Inventory increased by 39.57% compared to the beginning of the year, attributed to goods shipped but not yet recognized as revenue[9] - Long-term equity investments rose by 227.23% compared to the beginning of the year, due to investments in joint ventures[9] - The company experienced a 56.69% decrease in investment income year-over-year, mainly due to reduced fund income received[9] - The company reported a loss of RMB 26,433,699.46 from fair value changes in securities investments during the reporting period[12] - The company has a total investment in securities of RMB 137,408,600, with a fair value of RMB 59,102,141.40 at the end of the period[12] - The company’s financial assets include a total of RMB 12,284,613.27 from other investments[12] - The company reported a significant increase in interest income to CNY 1,256,555.33 from CNY 143,837.80, a growth of 772.5%[16] Operational Metrics - Total operating costs for the current period amount to CNY 1,469,440,277.50, down from CNY 1,552,032,172.37, reflecting a reduction of 5.34%[16] - The company's net profit margin is under pressure due to increased operating costs, with operating costs constituting approximately 93.7% of total revenue[16] - Total revenue from sales of goods and services received cash of 1,636,698,403.91, down 22.0% from 2,096,979,850.86 in the previous period[18] Miscellaneous - Cash and cash equivalents increased to CNY 560,463,011.40 from CNY 557,744,768.48, showing a slight growth of 0.31%[14] - Accounts receivable decreased to CNY 1,527,940,685.39 from CNY 1,598,480,473.70, a decline of 4.43%[14] - Inventory rose significantly to CNY 924,855,717.48 from CNY 662,655,183.59, representing an increase of 39.5%[14] - Short-term borrowings increased to CNY 862,898,854.45 from CNY 595,076,856.90, marking an increase of 45.0%[15] - The company has not undergone an audit for the third quarter financial report[20]