HEILAN HOME(SH:600398)2025-10-30 09:15Financial Performance - The company's revenue for Q3 2025 reached approximately CNY 4.03 billion, an increase of 3.71% compared to the same period last year[7] - Total profit for the quarter was approximately CNY 386.55 million, reflecting a decrease of 4.01% year-over-year[7] - Net profit attributable to shareholders was approximately CNY 281.99 million, up by 3.95% compared to the previous year[7] - Total operating revenue for the first three quarters of 2025 reached CNY 15,599,408,001.60, an increase of 2.24% compared to CNY 15,258,841,551.72 in the same period of 2024[25] - Net profit for the first three quarters of 2025 was CNY 1,843,673,394.34, a decrease of 6.13% from CNY 1,964,014,369.52 in the previous year[26] - Total comprehensive income for the first three quarters of 2025 was CNY 1,845,237,087.61, down from CNY 1,975,279,703.18, a decline of 6.57%[26] Cash Flow - The net cash flow from operating activities for the year-to-date period was approximately CNY 2.03 billion, showing a significant increase of 7,436.93%[7] - In the first three quarters of 2025, the cash inflow from operating activities was approximately ¥16.91 billion, an increase of 2.1% compared to ¥16.57 billion in the same period of 2024[28] - The net cash flow from operating activities reached ¥2.03 billion, a significant increase from just ¥26.89 million in the first three quarters of 2024[28] - Cash outflow for purchasing goods and services decreased to ¥9.02 billion from ¥10.50 billion year-over-year, reflecting a reduction of 14.2%[28] - The net cash flow from investing activities was -¥1.31 billion, an improvement from -¥1.59 billion in the same period last year[29] - Cash inflow from financing activities was ¥780 million, down from ¥1.11 billion in the previous year[29] - The cash outflow for dividend distribution and interest payments was ¥864.50 million, a decrease of 77.2% compared to ¥3.79 billion in the same period of 2024[29] - The company received ¥191.29 million from investment recoveries, a notable increase from ¥100,000 in the previous year[29] Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 33.09 billion, a decrease of 1.03% from the previous year-end[8] - Total liabilities decreased to CNY 14,819,600,287.44 from CNY 16,144,102,669.57, indicating a reduction of approximately 8.18%[22] - Total equity increased to CNY 18,267,406,291.16 from CNY 17,286,917,855.83, reflecting a growth of about 5.68%[23] - The company's cash and cash equivalents decreased from approximately RMB 6.79 billion at the end of 2024 to RMB 5.59 billion by September 30, 2025[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,651[12] - The basic earnings per share for the quarter was CNY 0.06, a decrease of 4.88% compared to the same period last year[8] - Earnings per share (EPS) for the first three quarters of 2025 was CNY 0.39, down from CNY 0.41 in the same period of 2024[26] Business Operations - The total number of stores increased from 7,178 at the beginning of the year to 7,241 by the end of the reporting period, resulting in a net increase of 63 stores[15] - The company opened 681 new stores while closing 618, resulting in a net increase of 63 stores across all brands[15] - Online sales accounted for 20.42% of total revenue, generating approximately RMB 3.09 billion, while offline sales contributed 79.58% with around RMB 12.05 billion[18] - The main business revenue for the Hai Lan Zhi Jia series reached approximately RMB 10.85 billion, with a gross margin of 47.68%, reflecting a year-on-year decrease of 3.99% in revenue[15] - The main business income for the franchise and other stores was approximately RMB 9.35 billion, with a gross margin of 40.29%[16] - The company reported a total main business income of approximately RMB 15.14 billion, with a gross margin of 46.25%[16] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 156,993,010.89, down from CNY 184,381,815.17, representing a decrease of 14.81%[25] Other Financial Metrics - The company reported a weighted average return on equity of 1.66%, down by 0.09 percentage points from the previous year[8] - Non-recurring gains and losses for the quarter totaled approximately CNY 32.00 million[10] - The gross profit margin for direct stores was 63.22%, showing an increase of 1.26% compared to the previous year[16] - The company reported a financial income of CNY 201,409,904.60, compared to CNY 186,010,853.71 in the previous year, marking an increase of 8.06%[25] - The company reported a negative impact of ¥9.45 million from exchange rate fluctuations on cash and cash equivalents[29]