SJY.(SH:600676)2025-10-30 08:10Financial Performance - The company's operating revenue for the third quarter reached ¥1,044,760,196.03, an increase of 1.89% compared to the same period last year[4] - Total profit for the quarter was ¥35,656,291.39, representing a significant increase of 137.22% year-on-year[4] - Net profit attributable to shareholders was ¥32,647,036.01, up 134.64% from the previous year[4] - Revenue for the current reporting period increased by 1.89%, remaining stable compared to the same period last year[11] - Revenue from the beginning of the year to the end of the reporting period rose by 6.87%, driven by increased demand and sales in the automotive parts manufacturing and sales service sector[11] - Total profit for the current reporting period surged by 137.22% due to new compensation payments from property expropriation[11] - Net profit attributable to shareholders for the current reporting period increased by 134.64%, also influenced by property expropriation compensation[11] - Total operating revenue for the first three quarters of 2025 reached ¥3,230,280,862.47, an increase of 6.9% compared to ¥3,022,559,560.65 in the same period of 2024[23] - The net profit for the first three quarters of 2025 was a loss of ¥29,208,881.18, an improvement from a loss of ¥230,481,255.99 in the same period of 2024[24] - The net profit for the first three quarters of 2025 was CNY 72,388,834.44, a turnaround from a net loss of CNY 86,429,707.91 in the same period of 2024[34] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥188,370,263.27, reflecting a 60.02% increase compared to the same period last year[5] - The net cash flow from operating activities increased by 60.02% year-on-year, primarily due to higher compensation payments received[12] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 112,657,211.37, compared to CNY 89,866,324.31 in 2024, showing an improvement[36] - The net cash flow from investing activities was -¥9,544,562.25, an improvement from -¥16,435,540.67 in the previous year, showing a reduction in cash outflow by approximately 42%[28] - The company’s net cash flow from financing activities was -¥32,068,322.42, a decline from -¥984,769.16 in the previous year, showing a worsening in cash flow from financing[28] Earnings and Expenses - Basic and diluted earnings per share for the quarter were both ¥0.03, a 133.33% increase year-on-year[5] - The diluted earnings per share for the current reporting period was 133.33 yuan, reversing losses from the same period last year[12] - The basic earnings per share for the first three quarters of 2025 was -¥0.03, compared to -¥0.22 in the same period of 2024[25] - Research and development expenses rose significantly to ¥39,536,972.16, a 68.2% increase from ¥23,505,283.61 in the previous year[24] - The company reported a significant increase in other income to ¥168,718,977.45 compared to ¥3,932,465.89 in the prior year[24] - The company incurred a credit impairment loss of CNY 16,226,654.24 in 2025, compared to CNY 2,872,812.30 in 2024, indicating increased credit risk[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,112,552,388.51, a decrease of 3.29% from the end of the previous year[5] - The total liabilities decreased to ¥1,943,747,921.67 from ¥2,154,874,672.00, reflecting a reduction of approximately 9.8%[21] - Total current assets as of September 30, 2025, amounted to ¥2,538,423,883.47, up from ¥2,464,345,837.92 at the end of 2024, representing a growth of about 3%[30] - The total equity attributable to shareholders decreased to ¥5,131,449,771.37 from ¥5,158,699,803.77, a decline of approximately 0.5%[21] - Total operating costs increased to ¥3,448,742,503.49, up 5.4% from ¥3,273,415,290.26 year-over-year[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,793[15] - The largest shareholder, Shanghai Jiushi (Group) Co., Ltd., holds 373,767,497 shares, representing 36.34% of total shares[15] - The total number of shares held by the top 10 shareholders is 476,593,690, indicating significant concentration of ownership[16] - The company has no shareholders participating in margin trading or securities lending activities[16] Management and Operations - The company has authorized the management to proceed with land acquisition for the Dragon Wu Road project, with a compensation amounting to ¥207,100,389.06[17] - The company implemented cost reduction measures, resulting in a 27.71% decrease in non-recurring expenses for the current reporting period[11] - The company reported a decrease in management expenses to ¥59,982,806.96 from ¥76,775,472.82 year-over-year, a reduction of about 21.9%[33] - The company has not applied new accounting standards for the year 2025, as stated in their announcement[38]