艾华集团(603989) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥982,464,629.96, a decrease of 5.58% compared to the same period last year[5] - The total profit for the period was ¥89,716,125.37, down 21.58% year-on-year[5] - The net profit attributable to shareholders was ¥73,561,194.83, reflecting a decline of 21.70% compared to the previous year[5] - The basic earnings per share were ¥0.1844, down 21.26% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was CNY 2,943,688,218.83, a decrease of 0.75% compared to CNY 2,965,296,255.42 in the same period of 2024[24] - Total operating costs for the first three quarters of 2025 were CNY 2,715,967,297.75, down 2.00% from CNY 2,771,247,150.27 in the previous year[25] - Net profit for the first three quarters of 2025 reached CNY 220,208,681.08, an increase of 14.74% compared to CNY 191,831,788.23 in the same period of 2024[26] - Operating profit for the first three quarters of 2025 was CNY 260,651,716.68, up from CNY 232,252,015.17 in the previous year, reflecting a growth of 12.24%[25] - Basic earnings per share for the first three quarters of 2025 were CNY 0.5549, compared to CNY 0.4944 in the same period of 2024, indicating an increase of 12.00%[26] Cash Flow - The net cash flow from operating activities showed a significant decrease of 420.84%, amounting to -¥96,240,883.16[10] - In the first three quarters of 2025, cash inflows from operating activities amounted to ¥1,655,945,880.22, compared to ¥1,561,122,498.63 in the same period of 2024, representing an increase of approximately 6%[28] - The net cash flow from operating activities for the first three quarters of 2025 was -¥96,240,883.16, a decline from a positive net cash flow of ¥29,996,242.26 in 2024[28] - Cash inflows from investment activities totaled ¥739,447,822.81 in 2025, down from ¥1,026,832,434.55 in 2024, indicating a decrease of about 28%[29] - The net cash flow from investment activities was ¥25,963,352.88 in 2025, significantly lower than ¥349,830,394.17 in 2024, reflecting a decrease of approximately 93%[29] - Cash inflows from financing activities were ¥378,000,000.00 in 2025, slightly down from ¥380,000,000.00 in 2024[29] - The net cash flow from financing activities was -¥24,756,182.01 in 2025, compared to -¥261,503,230.53 in 2024, showing an improvement in cash flow[29] - The ending balance of cash and cash equivalents as of September 2025 was ¥254,118,733.60, down from ¥356,281,784.12 at the end of September 2024[29] - The company reported a significant increase in cash paid for purchasing goods and services, totaling ¥1,084,622,371.81 in 2025, compared to ¥784,588,449.79 in 2024, an increase of approximately 38%[28] - The company experienced a decrease in cash received from other operating activities, which was ¥13,602,267.43 in 2025, down from ¥21,976,281.59 in 2024, a decline of about 38%[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,857,999,321.15, a decrease of 0.66% from the previous year-end[6] - As of September 30, 2025, the total current assets amounted to RMB 4,005,989,453.87, an increase from RMB 3,971,953,665.61 at the end of 2024[19] - Total assets as of the reporting date were CNY 5,857,999,321.15, slightly down from CNY 5,896,916,208.72 at the end of the previous period[21] - Total liabilities decreased to CNY 2,011,104,591.97 from CNY 2,188,641,181.62, a reduction of approximately 8.09%[21] - Non-current liabilities totaled CNY 197,182,553.08, down from CNY 289,070,937.86, reflecting a decrease of 31.83%[21] Shareholder Information - The company had a total of 25,685 common shareholders at the end of the reporting period[11] - The largest shareholder, Hunan Aihua Holdings Co., Ltd., held 48.36% of the shares[11] - The first major shareholder, Hunan Aihua Holdings Co., Ltd., holds 193,969,263 shares, representing a significant portion of the company's equity[12] Investments and Projects - The company decided to terminate the convertible bond project and permanently supplement the remaining raised funds into working capital[14] - The total investment for the new film capacitor and new materials project is planned at RMB 45,600,000, with RMB 21,158,800 already invested as of the reporting period[18] - The company’s subsidiary Jiangsu Lifeng reduced its registered capital from RMB 80 million to RMB 48 million, with a reduction of RMB 32 million from a shareholder[17] - The company has completed the cancellation of the special account for the convertible bond fundraising project, transferring RMB 97,693,623.92 to its general account[16] Non-recurring Items - Non-recurring gains and losses for the period totaled ¥5,745,829.63, with government subsidies contributing ¥4,108,357.34[8] Accounting Standards - The company did not apply new accounting standards for the year 2025[30]