乐凯胶片(600135) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥316,245,683.95, a decrease of 5.16% compared to the same period last year[5]. - The total profit for the quarter was -¥31,517,158.06, with a year-to-date total profit of -¥79,591,969.41[5]. - The net profit attributable to shareholders was -¥33,439,460.44 for the quarter, and -¥86,378,892.61 year-to-date[5]. - The basic earnings per share for the quarter was -¥0.0604, and -¥0.1561 year-to-date[6]. - Total operating revenue for the first three quarters of 2025 was CNY 959,831,965.20, a decrease of 12.7% compared to CNY 1,099,338,506.81 in the same period of 2024[20]. - Net profit for the first three quarters of 2025 was a loss of CNY 81,479,627.97, compared to a loss of CNY 56,512,394.38 in the same period of 2024, representing a 44.2% increase in losses[21]. - The company reported a basic and diluted earnings per share of CNY -0.1561 for the first three quarters of 2025, compared to CNY -0.1037 in the same period of 2024[21]. Assets and Liabilities - The total assets at the end of the quarter were ¥3,231,541,602.75, a decrease of 1.37% from the end of the previous year[6]. - The company's current assets totaled ¥1,955,258,880.41, down from ¥2,063,318,164.17 at the end of 2024, indicating a decline of approximately 5.24%[14]. - The company's total liabilities increased to CNY 410,922,065.16 in 2025 from CNY 376,370,709.12 in 2024, reflecting a growth of 9.2%[20]. - The total equity attributable to shareholders decreased to CNY 2,385,171,308.19 in 2025 from CNY 2,469,423,818.55 in 2024, a decline of 3.4%[20]. - The total liabilities and equity amounted to CNY 3,231,541,602.75 in 2025, a slight decrease from CNY 3,276,366,326.10 in 2024[20]. Cash Flow - The company reported a net cash flow from operating activities of -¥91,268,864.31 year-to-date[6]. - The net cash flow from operating activities was -91,268,864.31, compared to -74,398,549.37 in the previous period, indicating a decline in operational cash generation[24]. - Total cash inflow from investment activities decreased to 520,089,197.03 from 913,314,016.37, reflecting a significant drop in investment recovery[24]. - The net cash flow from investment activities was -419,696,165.07, worsening from -371,854,369.56 in the prior period, highlighting increased cash outflows for investments[24]. - Cash inflow from financing activities totaled 2,034,045.66, down from 19,417,299.93, indicating reduced financing activity[25]. - The net cash flow from financing activities was -11,053,511.93, compared to -453,691,032.03 previously, showing a slight improvement in financing cash outflows[25]. - The ending cash and cash equivalents balance decreased to 363,234,156.47 from 451,776,140.55, reflecting a decline in liquidity[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,796[12]. - The company reported a total of 252,776,443 shares held by its largest shareholder, China Lucky Film Group Co., Ltd., representing 45.68% of total shares[13]. - The company has no significant changes in the shareholding structure among the top ten shareholders, with no participation in margin trading or securities lending[13]. Operational Insights - The company experienced a decline in revenue scale and an increase in cost, leading to reduced profits[10]. - The company's inventory increased to ¥328,414,179.19 from ¥308,295,659.22, reflecting a growth of approximately 6.4%[15]. - Short-term borrowings decreased to ¥15,000,000.00 from ¥25,309,184.66, a reduction of about 40.7%[15]. - Accounts payable rose to ¥93,364,519.07 from ¥74,732,206.54, indicating an increase of approximately 25%[15]. - The company's non-current assets totaled ¥1,276,282,722.34, an increase from ¥1,213,048,161.93, reflecting a growth of approximately 5.2%[15]. - Research and development expenses remained relatively stable at CNY 77,656,490.70 in 2025, slightly down from CNY 77,981,824.83 in 2024[20]. - The company recorded a financial expense of CNY -6,130,378.31 in 2025, an improvement compared to CNY -13,935,717.47 in 2024[20]. - The company has not disclosed any significant new strategies or product developments during the reporting period[14]. Future Considerations - The company will implement new accounting standards starting in 2025, which may affect future financial reporting[26].