金枫酒业(600616) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 114,136,515.60, representing a decrease of 2.46% compared to the same period last year[5]. - The total profit for the period was a loss of CNY 4,704,515.95, with a year-to-date total profit loss of CNY 14,891,688.04[5]. - The net profit attributable to shareholders for Q3 2025 was a loss of CNY 2,450,733.10, with a year-to-date net profit loss of CNY 9,586,729.12[5]. - Total revenue for the first three quarters of 2025 was CNY 330,044,517.70, a decrease of 6.86% compared to CNY 354,367,069.28 in the same period of 2024[18]. - The net profit for the first three quarters of 2025 was -10,994,028.54 RMB, compared to -30,750,038.75 RMB in the same period of 2024, showing an improvement[20]. - The total comprehensive income attributable to the parent company was -9,586,729.12 RMB in 2025, compared to -29,660,087.99 RMB in 2024, indicating a significant reduction in losses[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,141,968,680.22, a decrease of 5.15% from the end of the previous year[5]. - Total assets as of September 30, 2025, were CNY 2,141,968,680.22, down from CNY 2,258,207,067.21 at the end of 2024[16]. - Total liabilities decreased to CNY 236,923,227.60 from CNY 308,717,338.55 in the previous year[16]. - The company’s equity attributable to shareholders decreased to CNY 1,922,208,663.42 from CNY 1,965,245,640.04 in 2024[17]. Cash Flow - The net cash flow from operating activities for the year-to-date was a negative CNY 36,677,449.61[5]. - The net cash flow from operating activities was -36,677,449.61 RMB for the first three quarters of 2025, worsening from -21,205,355.19 RMB in 2024[22]. - Cash and cash equivalents decreased to CNY 889,484,105.12 as of September 30, 2025, from CNY 968,760,424.64 at the end of 2024[14]. - The cash and cash equivalents at the end of Q3 2025 were 196,912,146.91 RMB, down from 235,485,616.87 RMB at the end of Q3 2024[24]. - The cash outflow from investing activities was -10,096,908.38 RMB in 2025, compared to a cash inflow of 13,859,205.38 RMB in 2024, indicating a shift in investment strategy[24]. - The cash outflow from financing activities was -36,274,073.46 RMB in 2025, compared to -39,141,204.82 RMB in 2024, showing a slight improvement[24]. - The company received 20,491,960.19 RMB from other investment-related cash activities in 2025, a significant decrease from 319,832,842.69 RMB in 2024[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,278[10]. - The largest shareholder, Shanghai Sugar Tobacco and Alcohol (Group) Co., Ltd., held 34.88% of the shares[10]. Cost Management and Expenses - The company implemented cost control measures, resulting in a reduction in management expenses and improved financial performance compared to the previous year[8]. - Total operating costs for the first three quarters of 2025 were CNY 346,979,727.90, down from CNY 398,708,268.26 in 2024, reflecting a reduction of 13.04%[18]. - The company reported a net profit margin decline due to increased sales and management expenses, with sales expenses at CNY 59,983,811.61, down from CNY 83,963,516.58 in 2024[18]. - Research and development expenses increased to CNY 7,406,251.15, up from CNY 3,696,661.39 in the same period last year, indicating a focus on innovation[18]. - Sales revenue from mid-to-high-end products was CNY 25,480.65 million, a decline of 2.55% year-on-year, while low-end product sales dropped by 19.90% to CNY 6,835.21 million[13]. Share Performance - The company reported a basic and diluted earnings per share of -0.01 RMB for the first three quarters of 2025, compared to -0.04 RMB in 2024[21]. - The weighted average return on net assets for Q3 2025 was -0.13%, an increase of 0.60 percentage points compared to the previous year[5]. - The company incurred interest expenses of 2,206,530.91 RMB in 2025, down from 2,669,326.19 RMB in 2024, reflecting a decrease of approximately 17.3%[20]. - The company added 77 new distributors and had a total of 894 distributors by the end of the reporting period, an increase of 40 compared to the end of 2024[12].