醋化股份(603968) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥592,215,558.91, a decrease of 15.74% compared to the same period last year[4] - The total profit for the third quarter was -¥29,812,965.01, representing an increase of 42.44% year-on-year[4] - The net profit attributable to shareholders was -¥26,838,871.21, reflecting a 45.93% increase compared to the same quarter last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥34,805,677.92, a decrease of 34.67% year-on-year[4] - The basic earnings per share for the third quarter was -¥0.1300, an increase of 45.54% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 was RMB 1,991,274,646.75, a decrease of 9.45% compared to RMB 2,198,902,945.07 in the same period of 2024[18] - The net profit for the first three quarters of 2025 was -21,415,825.28 RMB, compared to -91,351,734.39 RMB in the same period of 2024, showing an improvement[19] - The company reported a total comprehensive loss of -21,648,048.11 RMB for the first three quarters of 2025, compared to -90,875,229.29 RMB in 2024[19] - The basic and diluted earnings per share for the first three quarters of 2025 were both -0.1174 RMB, an improvement from -0.4503 RMB in 2024[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,412,557,179.21, an increase of 1.68% from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to RMB 3,412,557,179.21, an increase from RMB 3,356,330,821.20 at the end of 2024[16] - Total liabilities as of September 30, 2025, were RMB 1,513,863,346.68, compared to RMB 1,438,950,953.60 at the end of 2024, reflecting an increase of 5.2%[15] - The company's equity attributable to shareholders was RMB 1,805,945,809.76 as of September 30, 2025, down from RMB 1,825,205,300.81 at the end of 2024[16] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥123,572,668.05, a decrease of 403.86% compared to the same period last year[4] - Operating cash flow for the first three quarters of 2025 was -123,572,668.05 RMB, a decline from -24,525,152.38 RMB in 2024[21] - Cash and cash equivalents as of September 30, 2025, were RMB 339,878,449.86, a decrease from RMB 658,162,888.55 at the end of 2024[13] - The cash and cash equivalents at the end of the period were 324,054,571.21 RMB, down from 456,160,441.44 RMB at the end of the same period in 2024[22] - The net cash flow from investing activities for the first three quarters of 2025 was -326,134,696.41 RMB, an improvement from -414,466,502.31 RMB in 2024[22] Operating Costs and Expenses - Total operating costs for the first three quarters of 2025 were RMB 1,985,006,859.22, down 11.58% from RMB 2,244,815,413.87 in the previous year[18] - Operating costs included RMB 1,752,043,398.69 for cost of goods sold, which decreased from RMB 2,010,765,649.25 in 2024, indicating a reduction of 13.0%[18] - The company incurred a total operating expense of 1,786,725,003.70 RMB in 2025, slightly lower than 1,791,219,170.68 RMB in 2024[21] Research and Development - Research and development expenses for the first three quarters of 2025 were RMB 67,148,435.29, slightly down from RMB 67,239,395.73 in 2024[18] Borrowings and Financing - The company reported a significant increase in short-term borrowings, rising to RMB 273,000,000.00 from RMB 97,000,000.00 in the previous period[14] - The company received cash from borrowings amounting to 632,932,853.04 RMB in 2025, compared to 547,064,682.03 RMB in 2024, reflecting an increase of approximately 15.7%[22] Non-Recurring Gains - The company reported non-recurring gains of ¥7,966,806.71 for the third quarter, with government subsidies contributing ¥3,454,396.25[7] - The company reported a decrease in other comprehensive income attributable to the parent company, with a net amount of -411,969.10 RMB in 2025 compared to 240,764.10 RMB in 2024[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,554[10] - The weighted average return on net assets was -1.47%, an increase of 1.12 percentage points compared to the previous year[4]