新农开发(600359) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 54,746,300, a decrease of 19.2% compared to CNY 67,796,300 in the same period last year[3] - The total profit for the quarter was CNY -8,421,600, representing a 68.6% decline from CNY 37,271,100 in the previous year[4] - The net profit attributable to shareholders was CNY -8,174,700, down 67.5% from CNY 33,171,100 year-on-year[4] - The basic earnings per share for the quarter was CNY -0.02, a decrease of 66.6% compared to CNY 0.09 in the same period last year[4] - Total operating revenue for the first three quarters of 2025 was CNY 338,675,919.03, a decrease of 22% compared to CNY 433,905,755.33 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was CNY 11,403,341.77, a decline of 67% compared to CNY 34,444,209.04 in 2024[23] - Basic earnings per share for the first three quarters of 2025 were CNY 0.03, down from CNY 0.09 in 2024[24] - The company reported a total comprehensive income of CNY 9,685,717.13 for the first three quarters of 2025, compared to CNY 33,964,707.62 in 2024, reflecting a decrease of approximately 71.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,532,591,856.26, reflecting a 5.33% increase from CNY 1,454,998,981.16 at the end of the previous year[4] - Total liabilities rose to CNY 839,800,849.93 in 2025, compared to CNY 736,732,909.96 in 2024, marking an increase of about 14%[20] - The company's total non-current liabilities increased to CNY 155,529,996.59 in 2025 from CNY 88,094,659.35 in 2024, representing a significant rise of 76%[20] - The equity attributable to shareholders decreased by 4.35% to CNY 669,064,551.62 from CNY 699,468,075.05 at the end of the previous year[4] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 69,289,300, compared to CNY 62,095,300 in the previous year[4] - The company's cash flow from operating activities was CNY 261,451,388.83 in the first three quarters of 2025, down from CNY 338,156,956.66 in 2024, indicating a decrease of approximately 22.7%[26] - Total cash inflow from financing activities was $487,513,444.13, compared to $323,081,800.45 in the prior period[28] - Cash outflow for financing activities totaled $334,712,678.90, up from $173,744,933.55 previously[28] - The net cash flow from financing activities was $152,800,765.23, slightly higher than $149,336,866.90 in the last period[28] - Cash and cash equivalents at the end of the period reached $416,966,174.42, compared to $396,647,975.90 at the end of the previous period[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,477[14] - The largest shareholder, Aral State Capital Investment Group Co., Ltd., holds 153,815,575 shares, accounting for 40.32% of total shares[14] Borrowings and Investments - Short-term borrowings increased by 32.50%, driven by increased funding needs from operating activities[11] - Long-term borrowings rose by 113.89%, primarily due to new bank loans for construction projects by subsidiaries[11] - Cash inflow from investment activities was $1,391,278.05, significantly higher than $126,322.85 in the previous period[27] - Cash outflow for investment activities was $148,609,624.17, compared to $74,287,093.09 previously[27] - The net cash flow from investment activities was -$147,218,346.12, worsening from -$74,160,770.24 in the last period[27] Impairment and Subsidies - The company reported a significant impairment loss reversal of CNY 400,000 in the current period[7] - Government subsidies related to assets amounted to $5,419,385.99, closely linked to the company's normal business operations and in compliance with national policies[10] Accounts Receivable and Prepayments - Accounts receivable increased by 178.14%, primarily due to product sales on credit by subsidiaries[11] - Prepayments decreased by 59.64%, mainly due to the recovery of prepaid expense invoices during the reporting period[11] Operating Costs - Total operating costs for the first three quarters of 2025 were CNY 328,645,943.56, down 16% from CNY 391,336,532.73 in 2024[22] - Total profit decreased by 68.60%, attributed to a decline in gross profit margins of major product sales[12] - Net profit attributable to shareholders decreased by 67.56%, also due to the decline in gross profit margins of major product sales[12]