GLCC(SH:600234)2025-10-30 09:10Financial Performance - The company's operating revenue for the third quarter was CNY 133,465,624.97, representing a year-on-year increase of 5.55%[4] - The total profit for the quarter was CNY 9,454,195.68, showing a significant decrease of 51.01% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 8,195,589.23, down 55.75% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 5,172,167.09, a decrease of 46.10% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.0312, reflecting a decline of 55.78% year-on-year[5] - The total profit for the current reporting period was negative RMB 51.01 million, with net profit attributable to shareholders also negative at RMB 55.75 million[10] - The total profit for the year-to-date was RMB 176.42 million, driven by the recovery of bad debt provisions and significant growth in construction business revenue[10] - Net profit for the first three quarters of 2025 was ¥31,435,679.29, up from ¥12,172,664.40 in 2024, reflecting a growth of approximately 158%[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 853,306,681.67, a decrease of 2.02% from the end of the previous year[5] - The company's total assets decreased from ¥870,920,562.88 in the previous year to ¥853,306,681.67, a decline of about 2%[19] - Total liabilities decreased from ¥382,792,395.18 to ¥333,742,834.68, representing a reduction of approximately 13%[19] - The company's cash and cash equivalents decreased from ¥61,110,222.74 to ¥38,176,812.98, a decline of about 38%[17] - Accounts receivable decreased from ¥232,954,069.69 to ¥221,803,588.21, a reduction of approximately 5%[17] - The company's inventory decreased from ¥168,550.79 to ¥130,701.58, a decline of about 22%[17] - The total equity attributable to shareholders increased from ¥468,915,809.98 to ¥500,008,606.20, reflecting a growth of approximately 7%[19] Cash Flow - The company reported a net cash flow from operating activities of CNY -17,965,112.79 for the year-to-date[4] - The net cash flow from operating activities was negative, reflecting a decrease compared to the same period last year due to increased business volume[10] - Cash inflow from operating activities totaled CNY 447,715,703.35, down from CNY 684,146,927.38 in the same period last year, reflecting a decrease of approximately 34.6%[26] - Net cash outflow from operating activities was CNY -17,965,112.79, compared to CNY -10,810,543.78 in the previous year[27] - Cash flow from investing activities resulted in a net outflow of CNY -367,976.35, compared to CNY -1,757,401.90 in the same period last year[28] - Cash flow from financing activities generated a net inflow of CNY 6,861,947.37, contrasting with a net outflow of CNY -673,032.57 in the previous year[28] - The ending cash and cash equivalents balance was CNY 45,791,230.27, down from CNY 57,723,911.21 year-over-year[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,277[13] - The top ten shareholders held a total of 46,949,044 shares, representing 17.88% of the total shares[13] Government Support and Other Income - The company received government subsidies amounting to CNY 241,246.42 during the quarter[7] - Other income for the current period amounted to RMB 1,780.40 million, mainly from office rent subsidies and corporate incentives[10] Research and Development - Research and development expenses for the current period were zero, resulting in a significant decrease compared to the previous year[10] Financial Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the current year[29]