SITONG(SH:603838)2025-10-30 09:00Financial Performance - The company's operating revenue for the third quarter was ¥92,107,045.43, a decrease of 9.88% compared to the same period last year[4] - The total profit for the third quarter was -¥23,356,358.15, reflecting a significant decrease of 1,308.31% year-on-year[4] - The net profit attributable to shareholders for the third quarter was -¥19,737,698.44, down 2,190.76% compared to the previous year[4] - The net profit attributable to shareholders year-to-date was -¥35,938,286.38, with no applicable percentage change due to the negative figure[4] - Net profit for the first three quarters of 2025 was a loss of ¥40,067,767.88, compared to a loss of ¥8,140,697.41 in the same period of 2024, indicating a worsening financial performance[22] Cash Flow - The cash flow from operating activities for the third quarter was -¥24,965,028.16, indicating a negative trend[5] - The company's operating cash flow for the first three quarters of 2025 was a net outflow of ¥87,622,887.23, compared to a net outflow of ¥26,412,725.38 in 2024[24] - The cash inflow from operating activities was ¥319,576,085.73 in 2025, compared to ¥179,204,626.25 in 2024, an increase of 78.3%[24] - The net cash flow from investing activities was -298,663.80, compared to 414,029,271.89[26] - The net cash flow from financing activities was 824,000.00, with total cash inflows of 6,500,000.00 and outflows of 3,676,000.00[26] - The net increase in cash and cash equivalents was -86,532,799.70, while the beginning balance was 408,803,601.28[26] - The ending balance of cash and cash equivalents stood at 322,270,801.58, down from 477,153,098.18[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,014,519,693.01, a decrease of 3.15% from the end of the previous year[5] - The total current assets decreased slightly to ¥681,367,094.91 from ¥695,371,898.73, a decline of 2.1%[16] - Total assets decreased to ¥1,014,519,693.01 from ¥1,047,535,519.16, a decline of 3.1%[17] - Total current liabilities increased to ¥48,822,842.50 from ¥35,438,758.21, an increase of 37.6%[17] - The total liabilities increased to ¥81,830,674.79 in 2025 from ¥74,778,733.06 in 2024, reflecting a rise of 9.4%[18] - The total equity attributable to shareholders decreased to ¥935,860,922.33 in 2025 from ¥971,799,208.71 in 2024, a decline of 3.7%[18] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 7,291[12] - The largest shareholder, Huang Jianping, holds 90,418,032 shares, representing 28.25% of total shares[12] Revenue and Expenses - The company reported a significant increase in operating revenue year-to-date, with a growth of 32.27% attributed to the expansion of domestic market and zircon-titanium ore refining business[9] - Total operating revenue for the first three quarters of 2025 reached ¥265,836,659.10, a significant increase of 32.3% compared to ¥200,985,056.65 in the same period of 2024[20] - Total operating costs for the first three quarters of 2025 were ¥307,553,239.20, up 37.5% from ¥223,735,865.02 in 2024[20] - Research and development expenses for the first three quarters of 2025 amounted to ¥6,882,193.04, down 14.7% from ¥8,066,079.50 in 2024[21] - The company reported a significant increase in sales expenses, totaling ¥7,757,133.92 in 2025 compared to ¥8,713,738.02 in 2024, a decrease of 11%[21] - The investment income for the first three quarters of 2025 was ¥5,960,547.42, down 60% from ¥14,861,259.16 in 2024[21] Government Support - The company received government subsidies amounting to ¥1,723,931.23 during the reporting period, contributing to its non-recurring gains[7] Other Information - There are no other important reminders regarding the company's operational situation during the reporting period[14] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[13]