兴森科技(002436) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 reached ¥1,947,164,444.92, representing a year-on-year increase of 32.42%[5] - Net profit attributable to shareholders was ¥102,658,486.21, a significant increase of 300.88% compared to the same period last year[5] - The basic earnings per share rose to ¥0.06, reflecting a 300% increase year-on-year[5] - The total operating revenue for the current period reached ¥5,373,027,880.87, an increase of 23.5% compared to ¥4,351,489,626.62 in the previous period[25] - The total operating profit (loss) for the current period was -69,532,843.86, an improvement from -356,570,163.63 in the previous period[26] - Net profit (loss) attributable to shareholders of the parent company was 131,491,435.36, compared to a loss of -31,602,075.54 in the previous period[26] - The total comprehensive income for the current period was 117,837,250.72, compared to -302,356,758.34 in the previous period[27] - Basic and diluted earnings per share for the current period were 0.08, compared to -0.02 in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,982,193,640.33, up 9.61% from the end of the previous year[5] - The total liabilities amounted to ¥9,135,808,130.62, up from ¥8,091,938,591.17, reflecting a growth of 12.9%[23] - The company’s total equity attributable to shareholders increased by 9.26% to ¥5,392,352,222.81 compared to the end of the previous year[5] - Accounts receivable increased to ¥2,340,933,823.47 from ¥1,912,936,504.44, marking a rise of 22.4%[21] - Inventory levels rose to ¥938,577,964.65, up from ¥770,964,625.43, reflecting an increase of 21.8%[21] Cash Flow - The company reported a cash flow from operating activities of -¥121,800,538.45, indicating a decline of 194.22% year-to-date[5] - Cash flow from operating activities generated a net outflow of -121,800,538.45, a decrease from a net inflow of 129,278,209.68 in the previous period[29] - Cash flow from investing activities resulted in a net outflow of -555,216,047.77, compared to -1,133,569,522.52 in the previous period[30] - Cash flow from financing activities generated a net inflow of 904,576,740.05, an increase from 123,333,323.60 in the previous period[30] - The ending cash and cash equivalents balance was 676,900,236.78, down from 1,003,157,597.90 in the previous period[30] Borrowings and Liabilities - The company's short-term borrowings increased by 187.81% to ¥438,252,396.05 due to additional bank loans[9] - Short-term borrowings increased significantly to ¥438,252,396.05 from ¥152,273,894.78, a rise of 187.5%[22] - Cash repaid for debts decreased by 35.32% to approximately ¥980.67 million, indicating a reduction in loan repayments during the reporting period[13] Investments - The company recorded an investment income of ¥30,659,542.23, a substantial increase of 248.44% year-on-year[11] - Cash recovered from investments surged by 135.82% to approximately ¥1.65 billion, attributed to the redemption of financial products[13] - Cash received from investment income skyrocketed by 538.63% to approximately ¥131.38 million, mainly from the sale of Ruvi Optoelectronics shares[13] - Cash paid for investments increased by 65.63% to approximately ¥1.64 billion, primarily due to increased purchases of financial products[13] Other Financial Metrics - The company's contract liabilities rose by 101.20% to ¥91,542,846.91, attributed to increased customer prepayments[9] - The company’s deferred tax assets increased by 32.08% to ¥455,508,326.29, primarily due to losses from subsidiaries that were not expected to be recoverable[9] - Tax refunds received increased by 138.68% to approximately ¥41.76 million due to export tax rebates received during the reporting period[13] - Cash received from other operating activities rose by 38.99% to approximately ¥97.87 million, primarily due to an increase in government subsidies related to assets[13] - The impact of exchange rate fluctuations on cash and cash equivalents increased by 211.17% to approximately ¥16.67 million, attributed to exchange rate volatility[13] Shareholder Information - The top shareholder, Qiu Xingya, holds 13.79% of shares, with 234,462,652 shares, of which 55,450,000 are pledged[16] - The company issued a total of 26.89 million convertible bonds, with a total amount of ¥268.90 million, which were fully redeemed upon maturity[17] Operating Costs - The total operating costs amounted to ¥5,401,258,454.53, up from ¥4,672,630,219.53, reflecting a rise of 15.6%[25] - The operating cost specifically increased to ¥4,305,503,839.67, compared to ¥3,656,451,554.70, indicating a growth of 17.7%[25] - Research and development expenses were ¥356,365,016.10, which is an increase from ¥320,908,889.18, showing a growth of 11.0%[25] Cash and Equivalents - The cash and cash equivalents stood at ¥822,171,822.08, compared to ¥617,907,207.55, representing a growth of 33.0%[21]