Xinhua Media(SH:600825)2025-10-30 09:45Financial Performance - The company's operating revenue for the third quarter was ¥184,866,858.91, representing a year-on-year increase of 1.95%[4] - The total profit for the period was -¥25,464,197.68, with a year-to-date profit of ¥16,745,245.96, reflecting a decrease of 25.11% compared to the previous year[4] - The net profit attributable to shareholders was -¥19,746,601.81 for the quarter, while year-to-date it was ¥12,600,751.44, showing an increase of 28.68%[4] - The basic and diluted earnings per share for the quarter were both -¥0.019, while year-to-date they were ¥0.012, indicating a 33.33% increase[5] - The weighted average return on equity was -0.80% for the quarter, a decrease of 0.01 percentage points, while year-to-date it was 0.51%, an increase of 0.11 percentage points[5] - Total operating revenue for the first three quarters of 2025 reached ¥815,568,221.86, an increase of 2.0% compared to ¥796,978,044.33 in the same period of 2024[16] - Total operating costs increased to ¥835,031,405.01, up from ¥800,223,606.89, reflecting a rise of 4.4% year-over-year[16] - Operating profit for the first three quarters of 2025 was ¥13,021,229.25, a significant recovery from a loss of ¥8,504,565.97 in the same period of 2024[16] - Net profit attributable to shareholders of the parent company was ¥12,600,751.44, compared to ¥9,792,316.20 in the previous year, marking a growth of 28.4%[17] - The net profit for the first three quarters of 2025 was ¥76,408,660.62, compared to ¥10,046,222.22 in the same period of 2024, marking a substantial increase of approximately 661%[27] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥34,666,893.08, reflecting a significant decrease of 361.53%[5] - The company reported a net cash outflow from operating activities of ¥34,666,893.08, contrasting with a net inflow of ¥13,255,435.40 in the same period last year[20] - In the first three quarters of 2025, the net cash flow from operating activities was -156,368,654.77 RMB, compared to 7,571,078.32 RMB in the same period of 2024, indicating a significant decline[29] - Cash inflow from operating activities totaled 886,376,221.71 RMB in 2025, down from 1,443,443,911.02 RMB in 2024, reflecting a decrease of approximately 38.7%[29] - The company reported a cash outflow of 1,019,202,746.27 RMB related to other operating activities in 2025, compared to 1,414,939,884.07 RMB in 2024, indicating a decrease of about 28%[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,874,707,603.73, a slight increase of 0.21% compared to the end of the previous year[5] - The total assets as of September 30, 2025, amounted to ¥4,484,286,986.39, slightly down from ¥4,580,411,011.50 at the end of 2024[24] - The total liabilities of the company were CNY 1,423,301,837.95, slightly up from CNY 1,415,028,100.25, indicating a marginal increase of 0.19%[14] - The total liabilities decreased to ¥2,060,037,984.00 from ¥2,220,032,015.53, indicating a reduction of about 7.2%[25] - The company's total equity increased to ¥2,424,249,002.39 from ¥2,360,378,995.97, reflecting a growth of approximately 2.7%[25] Shareholder Information - The company had a total of 49,744 common shareholders at the end of the reporting period[10] - The largest shareholder, Shanghai Xinhua Publishing Group Co., Ltd., held 28.00% of the shares, totaling 292,533,681 shares[10] Investment and Income - Non-recurring gains and losses for the quarter totaled ¥7,634,362.77, with year-to-date non-recurring gains and losses amounting to ¥41,768,472.66[7] - The company experienced a significant increase in investment income, reporting ¥5,958,285.85 compared to a loss of ¥897,882.98 in the previous year[16] - The company reported an investment income of ¥94,751,491.59 for the first three quarters of 2025, significantly higher than ¥42,155,705.08 in the same period of 2024[27] Current Assets and Inventory - The company's current assets totaled CNY 2,423,048,906.14, up from CNY 2,287,031,805.90 at the end of 2024, indicating a growth of approximately 5.95%[12][14] - The inventory increased significantly to CNY 477,788,628.48 from CNY 332,914,015.88, reflecting a growth of about 43.5%[12][13] - The total current assets as of September 30, 2025, were ¥2,304,187,719.85, compared to ¥2,262,496,345.27 at the end of 2024, showing a slight increase of about 1.8%[24] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 1,282,320,293.24 from CNY 1,343,467,139.37, a decrease of approximately 4.5%[12][14] - The company's cash and cash equivalents at the end of September 2025 stood at ¥1,281,086,793.24, down from ¥1,166,039,707.20 at the end of September 2024[21] - The cash and cash equivalents at the end of the period were 889,103,288.96 RMB in 2025, down from 771,100,007.78 RMB in 2024, reflecting a decrease of approximately 15.3%[30] Research and Development - Research and development expenses for the first three quarters of 2025 were not explicitly stated but are part of the overall management expenses of ¥26,756,249.86, which increased from ¥22,207,557.49 in 2024[26] Other Comprehensive Income - Other comprehensive income after tax was reported at -¥122,398.47, a decline from ¥10,207,356.23 in the same period last year[17] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first execution[31]