共创草坪(605099) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥792,348,237.42, representing a year-on-year increase of 5.69%[4] - Total profit for the quarter was ¥186,746,852.96, a significant increase of 54.99% compared to the same period last year[4] - Net profit attributable to shareholders was ¥170,583,801.86, reflecting a year-on-year growth of 54.49%[4] - Basic earnings per share for the quarter were ¥0.42, up 55.56% from the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥2,474,132,050.70, an increase of 9.5% compared to ¥2,259,058,359.91 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥515,213,228.91, up 31% from ¥393,615,443.22 in the first three quarters of 2024[22] - The company reported a comprehensive income total of ¥471,828,776.09 for the first three quarters of 2025, compared to ¥369,072,674.58 in 2024, reflecting an increase of 27.8%[22] - The basic earnings per share for the first three quarters of 2025 was ¥1.28, compared to ¥0.98 in the same period of 2024, showing a growth of 30.6%[22] Cash Flow - The net cash flow from operating activities for the quarter was ¥263,894,677.79, showing a 5.85% increase year-on-year[5] - Cash inflow from operating activities was ¥2,537,095,904.67 in the first three quarters of 2025, compared to ¥2,212,283,800.88 in 2024, representing a growth of 14.6%[23] - The net cash flow from operating activities was $542,050,573.39, an increase from $266,006,759.98 in the previous period, reflecting a significant improvement[24] - Cash outflows from investing activities totaled $1,389,599,798.78, compared to $333,292,875.04 previously, indicating increased investment expenditures[24] - The net cash flow from investing activities was -$431,606,883.12, worsening from -$16,653,283.18, highlighting a substantial increase in cash outflows[24] - Cash inflows from financing activities amounted to $777,853,471.69, up from $314,508,732.19, showing a strong increase in financing received[24] - The net cash flow from financing activities was $23,944,841.53, a recovery from -$305,610,145.81, indicating improved financing conditions[24] - The total cash and cash equivalents at the end of the period were $838,970,351.86, compared to $781,924,299.98 at the end of the previous period, reflecting a net increase[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,946,751,416.47, an increase of 19.32% compared to the end of the previous year[5] - As of September 30, 2025, the company's total assets reached approximately RMB 3.95 billion, an increase from RMB 3.31 billion as of December 31, 2024, reflecting a growth of about 19%[15] - The company's current assets totaled approximately RMB 2.79 billion, up from RMB 2.34 billion, indicating a growth of around 20%[16] - Total liabilities increased to ¥942,151,478.52 in 2025 from ¥548,326,344.90 in 2024, reflecting a growth of 71.7%[18] - The company's total current liabilities reached ¥882,339,126.24 in 2025, up from ¥539,152,297.51 in 2024, indicating a rise of 63.7%[18] - The company's total equity rose to ¥3,004,599,937.95 in 2025, compared to ¥2,759,460,471.49 in 2024, marking an increase of 8.8%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,169[11] - The top shareholder, Wang Qiangxiang, holds 54.5% of the shares, totaling 219,517,200 shares[12] - The top ten shareholders include significant holdings by Wang Qiangxiang with 219.52 million shares and Jiangsu Best Investment Group with 63.73 million shares[13] - The company has established consistent action relationships among its major shareholders, indicating a unified strategic direction[13] Cost and Expenses - The company reported a significant improvement in gross profit margin and profit margin due to cost reduction measures and a decrease in raw material prices[10] - Research and development expenses for the first three quarters of 2025 amounted to ¥71,821,465.58, an increase from ¥64,950,119.09 in the same period of 2024[20] - The financial cost for the first three quarters of 2025 was reported as -¥21,854,037.10, an improvement from -¥24,633,005.34 in 2024[20] - The company paid $349,962,563.95 in employee-related cash outflows, up from $339,506,545.19, indicating a rise in employee compensation expenses[24] - Tax payments increased to $113,097,171.10 from $64,089,985.97, reflecting higher tax obligations[24] Inventory and Receivables - Accounts receivable rose to approximately RMB 695.65 million, compared to RMB 582.70 million, marking an increase of approximately 19%[15] - Inventory decreased to approximately RMB 497.59 million from RMB 564.48 million, showing a decline of about 12%[16] - Fixed assets increased to approximately RMB 767.33 million from RMB 551.57 million, reflecting a growth of around 39%[16] Borrowings and Financing - Short-term borrowings increased significantly to RMB 440 million from RMB 150 million, indicating a rise of approximately 193%[16] - The company reported no changes in the participation of major shareholders in margin financing and securities lending activities[14] Exchange Rate Impact - The impact of exchange rate changes on cash and cash equivalents was -$33,155,219.03, worsening from -$18,789,406.15, suggesting increased foreign exchange losses[24]