通源环境(688679) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥254,545,508.65, a decrease of 35.63% compared to the same period last year[3] - The total profit for the period was ¥3,424,392.71, reflecting a 3.07% increase year-on-year[3] - The net profit attributable to shareholders was a loss of ¥6,802,309.38, with a year-to-date loss of ¥16,794,068.35[3] - The basic earnings per share for the period was -¥0.05, reflecting a decrease in the company's profitability[4] - The net profit for the first three quarters of 2025 was a loss of CNY 13,413,091.39, compared to a profit of CNY 7,816,210.44 in the same period of 2024[18] - The company reported a basic and diluted earnings per share of CNY -0.13 for the first three quarters of 2025, compared to CNY 0.05 in 2024[19] - The total comprehensive income for the first three quarters of 2025 was CNY -12,877,284.84, compared to CNY 7,816,210.44 in 2024, indicating a significant decline[19] Cash Flow - The net cash flow from operating activities for Q3 was -¥20,555,279.65, a decrease of 67.21% compared to the previous year[3] - The company reported a net cash flow from operating activities increase of 96.28% year-to-date, attributed to higher cash receipts from sales[9] - The company reported a significant increase in cash flow from operating activities, totaling CNY 1,138,556,812.64 in the first three quarters of 2025, compared to CNY 878,559,992.67 in 2024, representing a growth of approximately 29.6%[20] - The net cash flow from operating activities was -$6,050,380.47, an improvement from -$162,773,293.79 in the previous period[22] - The company reported a total cash inflow from operating activities of $1,169,202,640.77, an increase from $913,725,388.05[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,806,309,900.09, a decrease of 9.24% from the end of the previous year[4] - The total assets of the company are ¥2,806,309,900.09, down from ¥3,091,938,697.12[15] - Current liabilities total ¥1,512,056,281.17, a decrease from ¥1,757,969,000.47[15] - The total liabilities decreased from CNY 1,939,980,763.08 in 2024 to CNY 1,672,221,898.14 in 2025, a reduction of approximately 13.8%[16] - The total equity attributable to shareholders decreased from CNY 1,144,201,316.47 in 2024 to CNY 1,122,731,403.54 in 2025, reflecting a decline of about 1.9%[16] Research and Development - Research and development expenses totaled ¥8,756,370.38, down 36.74% year-on-year, representing 3.44% of operating revenue[4] - Research and development expenses for the first three quarters of 2025 were CNY 28,805,638.56, down from CNY 36,309,045.77 in 2024, indicating a decrease of about 20.6%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,693[11] - The largest shareholder, Yang Ming, holds 59,385,600 shares, representing 45.10% of total shares[12] Inventory and Receivables - Accounts receivable decreased to ¥1,132,402,594.22 from ¥1,395,447,964.13, indicating a reduction of approximately 18.9%[14] - The company reported a decrease in inventory from ¥73,961,590.85 to ¥53,919,004.32, a reduction of approximately 27.1%[14] Other Financial Metrics - The weighted average return on net assets was -0.60%, indicating a decline in profitability[4] - The company experienced a significant decline in gross profit margin due to increased competition and rising fixed asset depreciation costs[8] - The company's other income decreased from CNY 3,026,780.14 in 2024 to CNY 502,503.11 in 2025, a drop of approximately 83.4%[18] Investment Activities - Total cash inflow from investment activities was $97,116,278.54, compared to $73,303,379.60 last year[22] - Cash outflow for investing activities was $115,762,837.56, up from $104,752,423.03 last year[22] - The cash inflow from recovering investments was $95,600,000.00, compared to $73,000,000.00 in the previous period[22] Financing Activities - The net cash flow from financing activities was $53,562,822.34, down from $129,276,145.99 in the previous year[23] - The company received $181,995,152.46 in cash from borrowings, compared to $200,000,000.00 in the previous period[23] - The company paid $14,609,407.12 in dividends and interest, down from $17,573,180.96 last year[23]