上工申贝(600843) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,129,089,910.55, representing a 4.12% increase compared to the same period last year[1]. - The total profit for the period was CNY 121,209,190.60, while the net profit attributable to shareholders was CNY 77,042,875.24[1]. - The basic earnings per share for the current period was CNY 0.1097, with a diluted earnings per share also at CNY 0.1097[1]. - The weighted average return on net assets increased by 5.13 percentage points to 2.6018% for the current period[1]. - The net profit attributable to shareholders for the year-to-date was CNY 7,506,941.09, reflecting a decrease of 1.91% compared to the same period last year[1]. - Total operating revenue for the first three quarters of 2025 was approximately ¥3.32 billion, a decrease of 1.9% compared to ¥3.38 billion in the same period of 2024[16]. - Operating profit for the first three quarters of 2025 was approximately ¥60.73 million, a significant recovery from a loss of ¥23.88 million in the same period of 2024[16]. - Net profit for the first three quarters of 2025 was approximately ¥13.73 million, compared to a net loss of ¥29.41 million in the same period of 2024[17]. - The company reported a total comprehensive income of approximately ¥89.11 million for the first three quarters of 2025, recovering from a loss of ¥41.26 million in the same period of 2024[17]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,913,398,371.10, a 9.20% increase from the previous year[2]. - As of September 30, 2025, the total assets of the company amounted to RMB 6,913,398,371.10, an increase from RMB 6,330,839,728.08 as of December 31, 2024, reflecting a growth of approximately 9.2%[12][14]. - The company's current assets reached RMB 4,979,211,216.06, up from RMB 4,117,864,320.62, indicating a growth of about 20.9%[12][14]. - The total liabilities increased to RMB 3,553,682,204.14 from RMB 3,146,687,237.25, representing an increase of approximately 12.9%[14]. - The company's equity attributable to shareholders rose to RMB 3,043,680,353.93, compared to RMB 2,952,376,536.20, marking an increase of around 3.1%[14]. - The company's total liabilities to equity ratio stands at approximately 1.16, indicating a leverage increase compared to the previous period[14]. Cash Flow - The company reported a net cash flow from operating activities of CNY -353,913,669.39 for the year-to-date[1]. - Cash flow from operating activities showed a net outflow of approximately ¥353.91 million in the first three quarters of 2025, worsening from a net outflow of ¥50.17 million in 2024[18]. - Cash inflow from investment activities increased to approximately ¥2.03 billion in 2025, compared to ¥1.41 billion in 2024[18]. - The net cash flow generated from investment activities in 2025 was approximately $496.9 million, a significant recovery from a net outflow of about $3.3 million in 2024[19]. - The total cash inflow from financing activities in 2025 reached approximately $1.60 billion, up from about $1.14 billion in 2024, marking an increase of 40%[19]. - The net cash flow from financing activities improved to approximately $416.5 million in 2025, compared to $80.4 million in 2024, indicating a substantial increase of over 418%[19]. - The cash and cash equivalents at the end of Q3 2025 stood at approximately $1.59 billion, a significant increase from about $966.3 million at the end of Q3 2024, representing a growth of 65%[19]. Operational Challenges - The company experienced a significant impact from the European automotive industry's downturn, affecting its operations and profitability[5]. - Research and development expenses for the first three quarters of 2025 were approximately ¥121.16 million, a slight decrease from ¥130.38 million in 2024[16]. Other Financial Metrics - Non-recurring gains and losses for the current period totaled CNY 186,265,475.00, with government subsidies contributing CNY 3,390,249.77[4]. - The company reported an increase in other comprehensive income after tax to approximately ¥75.38 million in 2025, compared to a loss of ¥11.86 million in 2024[17]. - The cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was approximately $80.5 million in 2025, down from about $96.5 million in 2024, showing a decrease of 16.6%[19]. - The impact of exchange rate fluctuations on cash and cash equivalents in 2025 was a positive $31.8 million, contrasting with a negative impact of about $4.6 million in 2024[19]. - The company did not apply new accounting standards or interpretations for the year 2025, ensuring consistency in financial reporting[20].