苏豪时尚(600287) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥667,493,786.48, a decrease of 24.16% year-on-year[4]. - Total profit for the quarter was ¥46,916,945.07, down 36.84% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥17,539,680.42, reflecting a decline of 54.25% year-on-year[4]. - The basic earnings per share for the quarter was ¥0.0402, a decrease of 54.25% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2025 was CNY 1,848,048,444.99, a decrease of 20.1% compared to CNY 2,313,482,032.58 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 67,850,495.54, a decline of 29.5% compared to CNY 96,281,139.74 in the same period of 2024[18]. - The company's basic earnings per share of CNY 0.0759 for the first three quarters of 2025, down from CNY 0.1310 in the same period of 2024[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,192,184,051.98, an increase of 0.90% from the end of the previous year[4]. - The company's total assets as of September 30, 2025, amounted to CNY 3,192,184,051.98, slightly up from CNY 3,163,772,349.08 at the end of 2024[16]. - Total liabilities decreased to CNY 718,567,000.43 as of September 30, 2025, from CNY 898,798,567.82 at the end of 2024, representing a reduction of 20.0%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥56,920,355.34, a decrease of 120.84% compared to the same period last year[4]. - In the first three quarters of 2025, the net cash flow from operating activities was -56,920,355.34 RMB, compared to 273,072,382.94 RMB in the same period of 2024, indicating a significant decline[20]. - Total cash inflow from operating activities in 2025 was 2,080,381,831.23 RMB, down from 2,784,990,235.27 RMB in 2024, representing a decrease of approximately 25.3%[20]. - Cash outflow from operating activities totaled 2,137,302,186.57 RMB in 2025, compared to 2,511,917,852.33 RMB in 2024, reflecting a decrease of about 15%[20]. - The company reported a total cash inflow from operating activities of 2,080,381,831.23 RMB, while cash outflow was 2,137,302,186.57 RMB, leading to a negative cash flow[20]. Inventory and Costs - Total operating costs for the first three quarters of 2025 were CNY 1,783,728,609.52, down 20.5% from CNY 2,241,796,400.06 in the previous year[18]. - The company's inventory decreased to CNY 271,292,501.65 as of September 30, 2025, from CNY 409,774,151.33 at the end of 2024, indicating a reduction of 33.8%[16]. Other Income and Gains - Non-recurring gains and losses for the quarter amounted to ¥8,354,013.52, with significant contributions from government subsidies[9]. - The company reported a significant increase of 892.46% in net profit attributable to shareholders after deducting non-recurring gains and losses for the quarter[10]. - Other comprehensive income after tax for the first three quarters of 2025 was CNY 184,100,774.75, significantly higher than CNY 11,285,889.37 in the same period of 2024[18]. Cash Management - The net cash flow from investing activities was 115,080,628.62 RMB in 2025, a significant increase from 20,195,329.14 RMB in 2024[20]. - Cash inflow from investing activities in 2025 was 123,487,670.37 RMB, compared to 24,765,090.89 RMB in 2024, marking a substantial increase[20]. - Cash inflow from financing activities was 72,563,554.58 RMB in 2025, a decrease from 456,558,889.33 RMB in 2024, indicating a decline of approximately 84.2%[20]. - The net cash flow from financing activities was -115,167,331.63 RMB in 2025, compared to -476,741,797.85 RMB in 2024, showing an improvement in cash flow management[20]. - The ending cash and cash equivalents balance for 2025 was 623,481,308.82 RMB, an increase from 546,970,214.13 RMB in 2024[20]. Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[4]. - The company did not apply new accounting standards or interpretations for the year 2025[21].