新赛股份(600540) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥683,803,607.34, representing a year-on-year increase of 434.23%[2] - The total profit for the period was -¥73,657,439.85, with a year-to-date total profit of -¥51,154,647.15[2] - The net profit attributable to shareholders was -¥53,767,497.14 for the quarter, and -¥47,250,292.51 year-to-date[2] - The basic earnings per share for the quarter was -¥0.0925, a decrease of 19.28% year-on-year[4] - The diluted earnings per share for the quarter was -¥0.0925, reflecting a decrease of 19.28% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 3,316,804,841.55, a significant increase from CNY 618,298,525.33 in the same period of 2024, representing a growth of approximately 436%[22] - The company reported an operating loss of CNY -51,566,917.59 for the first three quarters of 2025, an improvement from a loss of CNY -63,290,985.20 in the same period of 2024[22] - The net profit for the first three quarters of 2025 was -51,622,119.51 CNY, an improvement from -63,805,896.99 CNY in the same period of 2024, representing a decrease in net loss of approximately 19%[24] - The total comprehensive income for the first three quarters of 2025 was -51,622,119.51 CNY, an improvement from -63,805,896.99 CNY in 2024, indicating a reduction in comprehensive loss of approximately 19%[24] Cash Flow and Assets - The net cash flow from operating activities was -¥747,036,170.82, a decrease of 9503.49% compared to the same period last year[2] - Cash flow from operating activities increased by 3.258 billion yuan compared to the same period last year, attributed to higher cash receipts from sales of goods and services[9] - The company's cash and cash equivalents increased to CNY 1,738,386,699.08 as of September 30, 2025, compared to CNY 1,068,543,479.14 at the end of 2024, reflecting a growth of approximately 63%[18] - The net cash flow from operating activities for the first three quarters of 2025 was 1,031,728,251.57 CNY, compared to 345,720,427.01 CNY in 2024, indicating a rise of approximately 198%[28] - The total cash outflow from investing activities in the first three quarters of 2025 was 346,888,387.78 CNY, compared to 175,054,286.80 CNY in 2024, indicating an increase of about 98%[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,429,676,949.44, down 5.40% from the end of the previous year[4] - Total assets decreased by 5.40% year-to-date, mainly due to reduced inventory and depreciation of fixed and intangible assets[11] - Current assets totaled CNY 3,378,449,648.17 as of September 30, 2025, down from CNY 3,631,976,417.48 at the end of 2024[19] - Total liabilities decreased to CNY 3,981,755,973.62 as of September 30, 2025, from CNY 4,181,234,290.05 at the end of 2024[19] - The company's equity attributable to shareholders was CNY 436,179,172.43 as of September 30, 2025, down from CNY 485,345,703.05 at the end of 2024[19] Shareholder Information - The company has a total of 32,124 common shareholders at the end of the reporting period[13] - The largest shareholder, China New Construction Logistics Group Co., Ltd., holds 29.16% of the shares, totaling 169,534,111 shares[13] Operational Highlights - Operating revenue for the current reporting period increased by 434.23% compared to the same period last year, driven by a significant increase in cotton trade volume, which rose by 181,061.83 tons[9] - Total operating costs for the first three quarters of 2025 were CNY 3,374,277,326.56, compared to CNY 715,906,786.84 in 2024, indicating an increase of about 371%[22] - The company is actively expanding its product offerings, including cotton yarn and agricultural input trading, contributing to revenue growth[9] - The company incurred operating expenses of 4,308,632,357.43 CNY in the first three quarters of 2025, significantly higher than 544,639,200.01 CNY in 2024, reflecting an increase of over 690%[28] Investment and Financial Expenses - The company reported investment income of CNY 83,590,790.34 for the first three quarters of 2025, compared to CNY 19,543,014.86 in the same period of 2024, marking an increase of approximately 327%[22] - The company incurred financial expenses of CNY 38,041,147.48 in the first three quarters of 2025, slightly up from CNY 35,630,393.57 in 2024[22] Non-Recurring Items - Non-recurring losses for the period totaled -¥12,250,619.78, with a year-to-date total of ¥28,266,919.68[8] - The company has not reported any net profit from subsidiaries prior to consolidation for both periods under review[24]