迎丰股份(605055) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥402,815,168.64, representing a year-on-year increase of 5.18%[4] - The total profit for the quarter was a loss of ¥29,751,544.52, a decrease of 2,106.81% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥22,487,691.50, reflecting a decrease of 2,093.16% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥18,819,366.96, down 2,065.63% from the previous year[4] - The basic earnings per share for the quarter was -¥0.05, a decrease of 600.00% compared to the same period last year[5] - The diluted earnings per share for the quarter was also -¥0.05, reflecting a decrease of 600.00% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was CNY 1,095,111,333.28, a decrease of 3.3% compared to CNY 1,136,367,102.64 in the same period of 2024[19] - The company reported an operating loss of CNY -55,530,213.58 for the first three quarters of 2025, compared to an operating profit of CNY 24,588,027.11 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY -46,171,161.08, a significant decline from CNY 25,178,106.83 in 2024[20] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.10, compared to CNY 0.07 in the same period of 2024[21] - The company's gross profit margin for the first three quarters of 2025 was approximately 10.0%, down from the previous year's margin[26] - The net profit margin for the first three quarters of 2025 was negative, with a total profit of -CNY 52,138,224.16 compared to a profit of CNY 29,737,561.30 in the previous year[26] Assets and Liabilities - The total assets at the end of the quarter were ¥2,877,634,194.62, an increase of 3.53% from the end of the previous year[5] - The equity attributable to shareholders decreased by 10.26% to ¥1,044,222,337.28 compared to the end of the previous year[5] - Total assets increased to ¥2,877,634,194.62 from ¥2,779,453,668.60, representing a growth of about 3.5%[16] - Total liabilities increased to CNY 1,835,107,288.24, up from CNY 1,613,996,984.14 year-over-year[18] - The total equity attributable to shareholders decreased to CNY 1,044,222,337.28 from CNY 1,163,658,521.36 in the previous year[18] - The total liabilities increased to CNY 1,833,179,955.15 from CNY 1,612,047,964.51, reflecting a rise in both current and non-current liabilities[24] Cash Flow - The cash flow from operating activities for the year-to-date was ¥362,885,010.89, an increase of 75.53%[4] - Cash flow from operating activities generated CNY 362,885,010.89, an increase of 75.6% from CNY 206,741,787.88 in the previous year[21] - Total cash inflow from operating activities is 1,676,929,410.93 RMB, up from 1,551,752,395.19 RMB year-over-year[29] - Cash outflow from operating activities decreased to 1,227,372,407.56 RMB from 1,258,765,327.94 RMB, reflecting improved cash management[30] - The net cash flow from investment activities was -CNY 416,380,294.07, compared to -CNY 213,695,904.38 in the previous year, indicating a significant increase in cash outflow[22] - Cash inflow from financing activities increased significantly to 638,283,823.01 RMB, compared to 228,485,000.00 RMB in the same period of 2024[30] - The net cash flow from financing activities turned negative at -75,335,703.64 RMB, contrasting with a positive flow of 31,077,911.48 RMB in the previous year[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,220[12] - Zhejiang Zheyu Holding Group Co., Ltd. holds 46.31% of shares, totaling 203,773,684 shares[12] - The company repurchased 8,748,525 shares, accounting for 1.99% of the total share capital[13] Operational Challenges - The decline in profits was primarily due to increased costs from the new plant and a decrease in gross margin[9] - Research and development expenses for the first three quarters of 2025 were CNY 43,574,770.30, slightly lower than CNY 45,477,084.84 in the same period of 2024[26] - The company incurred a total of CNY 14,773,143.11 in financial expenses, down from CNY 16,888,573.61 in the same period of 2024[19] Other Information - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[14] - The company has not adopted new accounting standards for the year 2025[31]