AISINO CO.LTD.(SH:600271)2025-10-30 09:45Financial Performance - The company's operating revenue for the third quarter was CNY 111,006.80 million, a decrease of 28.82% compared to the same period last year[5]. - The total profit for the third quarter was CNY -19,556.17 million, representing a decline of 447.47% year-on-year[5]. - The net profit attributable to shareholders was CNY -15,564.83 million, a decrease of 402.09% compared to the previous year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 3,597,754,030, a decrease of 37.8% compared to CNY 5,776,966,468.99 in the same period of 2024[19]. - Operating profit for the first three quarters of 2025 was a loss of CNY 604,299,655.56, compared to a profit of CNY 4,227,171.83 in 2024[20]. - Net profit for the first three quarters of 2025 was a loss of CNY 606,452,787.24, compared to a loss of CNY 61,033,359.96 in 2024[20]. - The company reported a total comprehensive loss of CNY 635,648,430.88 for the first three quarters of 2025, compared to a loss of CNY 68,025,105.28 in 2024[20]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.25, compared to CNY -0.01 in 2024[21]. Cash Flow and Liquidity - The cash flow from operating activities was CNY -116,490.21 million for the year-to-date period, indicating significant cash outflow[6]. - Operating cash inflow for the first three quarters of 2025 was approximately $4.27 billion, a decrease of 31.9% compared to $6.27 billion in the same period of 2024[22]. - Net cash outflow from operating activities for the first three quarters of 2025 was approximately -$1.16 billion, an improvement from -$1.39 billion in the first three quarters of 2024[22]. - Cash inflow from financing activities for the first three quarters of 2025 was approximately $176.43 million, down from $301.50 million in the same period of 2024[23]. - The ending cash and cash equivalents balance for the first three quarters of 2025 was approximately $6.07 billion, an increase from $5.57 billion in the same period of 2024[23]. - The company reported a decrease in cash received from sales of goods and services, totaling approximately $4.06 billion in the first three quarters of 2025, down from $5.82 billion in 2024[22]. - Cash paid for purchasing goods and services was approximately $3.23 billion in the first three quarters of 2025, a decrease from $4.49 billion in the same period of 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,011,693.54 million, down 5.84% from the end of the previous year[6]. - The equity attributable to shareholders decreased by 3.53% to CNY 1,350,980.78 million compared to the previous year-end[6]. - Total current assets as of September 30, 2025, amount to ¥12,426,196,798.89, a decrease from ¥13,419,878,736.06 as of December 31, 2024[15]. - Total non-current assets as of September 30, 2025, are ¥7,690,738,623.07, down from ¥7,943,780,789.66[16]. - Total assets decreased to ¥20,116,935,421.96 from ¥21,363,659,525.72[16]. - The total liabilities decreased to CNY 3,738,467,767.96 in 2025 from CNY 4,263,375,471.58 in 2024, reflecting a reduction of 12.3%[19]. - Total equity decreased to CNY 16,378,467,654.00 in 2025 from CNY 17,100,284,054.14 in 2024, a decline of 4.2%[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 91,283[13]. - The largest shareholder, China Aerospace Science and Industry Corporation, holds 741,448,172 shares, representing 40.02% of total shares[13]. Market and Operational Challenges - The decline in operating revenue for the year-to-date period was primarily due to adjustments in the industry structure and intensified market competition in key business areas[10]. - The company faced challenges in business expansion due to internal and external environmental factors, leading to unmet growth expectations[11]. - The company did not report any new product launches or significant market expansion strategies during the conference call[24]. Non-Recurring Items - Non-recurring gains and losses for the current period amounted to CNY 41,336,727.94 million, with significant contributions from government subsidies and financial asset disposals[8]. Financial Expenses - The company experienced a significant increase in financial expenses, with a net financial expense of CNY -66,592,622.28 in 2025 compared to CNY -45,527,215.26 in 2024[19].