GHMC(SZ:000523)2025-10-30 08:25Financial Performance - The company's operating revenue for the third quarter reached CNY 570.60 million, an increase of 5.36% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 31.78 million, reflecting a growth of 7.03% year-on-year[5]. - The net profit excluding non-recurring gains and losses was CNY 26.97 million, up 10.22% from the previous year[5]. - The company's basic earnings per share were CNY 0.0173, up 6.79% year-on-year[5]. - Revenue for the reporting period was $1,643,483,089.29, a decrease of 4.46% compared to $1,720,204,052.86 in the previous year due to market fluctuations and a decline in sugar product sales[10]. - Net profit for the current period was ¥92,003,141.67, slightly up from ¥91,795,015.20, representing a growth of 0.23%[23]. - Earnings per share increased to ¥0.0356 from ¥0.0353, reflecting a growth of 0.85%[24]. Cash Flow - The net cash flow from operating activities surged to CNY 337.81 million, a significant increase of 1,004.86% compared to the same period last year[5]. - Net cash flow from operating activities improved significantly to $337,814,994.13, a 1004.86% increase from -$37,333,362.08 in the previous year, driven by reduced payments for raw sugar procurement[10]. - The net cash flow from investment activities was -$226.88 million, compared to -$60.82 million in the previous period, indicating a significant increase in cash outflows[26]. - The net cash flow from financing activities was -$246.65 million, a stark contrast to the positive $71.97 million reported previously, highlighting increased cash outflows for debt repayment and dividends[26]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 3.66 billion, representing a 2.57% increase from the beginning of the year[5]. - Total liabilities increased to ¥1,502,598,063.66, up from ¥1,341,623,840.61, marking a rise of 11.93%[20]. - Total equity attributable to shareholders decreased to ¥1,891,332,475.53 from ¥1,970,655,269.72, a decline of 4.01%[20]. - The company's cash and cash equivalents decreased to RMB 1.12 billion from RMB 1.22 billion at the beginning of the period[18]. - The company's short-term borrowings decreased to RMB 239.5 million from RMB 288.98 million[19]. - The company's long-term borrowings were reduced to zero from RMB 48.5 million[19]. Investments and Expenses - The company reported a 261.92% increase in receivables financing, reaching CNY 19.13 million due to improved collection from quality clients[9]. - The company’s long-term equity investments increased by 1,372.53% to CNY 107.49 million, indicating new joint ventures[9]. - Research and development expenses were reduced by 41.89% to $5,632,005.67 from $9,692,750.58, indicating a decrease in R&D investment[10]. - Financial expenses increased by 71.36% to $15,423,573.13, attributed to interest expenses from newly recognized right-of-use assets and increased bank loan interest[10]. - The company recorded an investment income of ¥7,122,370.83, an increase from ¥5,771,791.58, representing a growth of 23.43%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 38,570[13]. - The largest shareholder, Guangzhou Light Industry Trade Group Co., Ltd., holds 27.80% of shares, totaling 510,308,307 shares[13]. - The company completed a share buyback plan, repurchasing 18,135,928 shares, which accounts for 0.99% of the total share capital, with a total expenditure of approximately RMB 55.24 million[17]. - The company plans to maintain shareholder value through a share repurchase program with a maximum price of RMB 3.68 per share[16]. - The company has committed to not reducing its shareholdings in accordance with regulatory requirements following the completion of the share buyback[14]. Other Income and Subsidies - The company received government subsidies amounting to CNY 5.85 million during the reporting period[6]. - Other income rose by 48.87% to $10,305,193.24, primarily due to an increase in government subsidies received during the reporting period[10]. Contract Liabilities - Contract liabilities rose by 205.35% to CNY 75.54 million, attributed to increased prepayments and promotional expenses[9]. - The company’s contract liabilities increased to RMB 75.54 million from RMB 24.74 million, indicating a growth in advance payments received[19]. Audit Status - The financial report for the third quarter was not audited, which may impact the reliability of the reported figures[27].