百联股份(600827) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥5,797,168,351.51, a decrease of 10.04% compared to the same period last year[4] - The total profit for the quarter was -¥109,102,068.83, reflecting a decline of 106.45% year-on-year[4] - The net profit attributable to shareholders was -¥17,965,903.96, down 101.34% from the previous year[4] - The basic earnings per share for the quarter was -¥0.0101, a decrease of 101.34% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 19,054,325,874.75, a decrease of 11.85% compared to CNY 21,617,212,795.90 in the same period of 2024[21] - Net profit for the first three quarters of 2025 was CNY 263,944,719.74, a significant decline of 82.16% from CNY 1,482,845,936.03 in 2024[23] - The company's operating profit for the first three quarters of 2025 was CNY 448,981,767.50, compared to CNY 2,231,237,505.24 in 2024, indicating a decrease of 79.93%[22] - Operating profit for the first three quarters of 2025 was CNY 817,965,916.84, down 46.5% from CNY 1,528,444,448.99 in 2024[31] - Net profit for the first three quarters of 2025 reached CNY 856,372,133.63, a decline of 30.9% compared to CNY 1,240,568,321.36 in 2024[31] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥240,606,598.92, a decline of 114.22% year-on-year[4] - Cash flow from operating activities for the first three quarters of 2025 was CNY 31.43 billion, down 9.5% from CNY 34.73 billion in 2024[25] - Net cash flow from operating activities turned negative at CNY -240.61 million, compared to a positive CNY 1.69 billion in the previous year[25] - Cash inflow from investment activities decreased to CNY 2.82 billion, down 19.4% from CNY 3.50 billion in 2024[26] - Cash flow from financing activities resulted in a net outflow of CNY 626,594,592.07, worsening from a net outflow of CNY 200,672,925.02 in 2024[35] - The company reported a net decrease in cash and cash equivalents of CNY -1.18 billion for the first three quarters of 2025[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥54,896,667,990.99, a decrease of 2.57% from the end of the previous year[5] - The total assets decreased to CNY 54,896,667,990.99 in 2025 from CNY 56,345,199,270.65 in 2024, a reduction of 2.61%[19] - Total liabilities decreased to CNY 33,288,263,408.44 in 2025 from CNY 35,131,359,518.07 in 2024, reflecting a decrease of 5.25%[19] - The total liabilities amounted to CNY 9,453,375,568.23, a slight decrease from CNY 9,603,421,735.90 in the previous year[29] - Total equity increased to CNY 21,983,188,567.25 from CNY 21,363,419,062.14 year-over-year[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 78,043[13] - The largest shareholder, Bailian Group Co., Ltd., holds 849,631,332 shares, representing 47.62% of total shares[14] - The second-largest shareholder, Shanghai Bailian Holdings Co., Ltd., holds 51,439,036 shares, representing 2.88%[14] Non-Recurring Items and Other Income - The company reported non-recurring gains of ¥13,888,988.04 for the quarter, with a significant portion coming from government subsidies and asset disposals[8] - The company reported a significant increase in financial expenses, rising to CNY 21,140,535.11 in 2025 from CNY 4,336,155.26 in 2024, marking an increase of 387.56%[21] - Other comprehensive income after tax for the first three quarters of 2025 was CNY 238,093,310.93, slightly up from CNY 234,471,930.47 in 2024[23] Future Outlook - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[36] - The announcement was made by the board of directors of Shanghai Bailian Group Co., Ltd. on October 30, 2025[37]