长城电工(600192) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 401,063,486.61, a decrease of 19.15% compared to the same period last year[4] - The total profit for the period was a loss of CNY 45,506,208.23, representing a decline of 17.43% year-on-year[4] - The net profit attributable to shareholders was a loss of CNY 46,392,774.67, down 21.26% from the previous year[4] - The basic earnings per share for the period was -CNY 0.1050, a decrease of 21.26% compared to the same period last year[4] - The total comprehensive income attributable to the parent company was -167,405,262.97 yuan, compared to -130,277,202.74 yuan in the same period last year, reflecting a decline of approximately 28.5%[20] - Basic and diluted earnings per share were both -0.3589 yuan, compared to -0.2699 yuan in the previous year, indicating a worsening in earnings performance[20] Revenue and Costs - The company experienced a 11.46% decline in revenue year-to-date, with a total revenue of CNY 1,094,829,376.02[4] - Total operating revenue for the first three quarters of 2025 was CNY 1,094,829,376.02, a decrease of 11.5% compared to CNY 1,236,512,502.98 in the same period of 2024[19] - Total operating costs for the first three quarters of 2025 were CNY 1,258,367,570.68, down 7.6% from CNY 1,361,818,707.16 in the previous year[19] - The company reported a decrease in sales revenue from goods and services received, totaling 873,676,260.04 yuan, down from 1,056,166,779.28 yuan year-over-year, a decline of approximately 17.3%[22] Cash Flow - The net cash flow from operating activities was -CNY 19,969,233.74, indicating a significant cash outflow[4] - The net cash flow from operating activities was -105,845,106.55 yuan, a significant decrease from 13,815,834.60 yuan in the previous year[23] - Cash inflow from operating activities totaled 1,061,673,054.78 yuan, down from 1,280,310,085.73 yuan year-over-year, indicating a decline of about 17.1%[23] - Cash outflow from operating activities was 1,167,518,161.33 yuan, compared to 1,266,494,251.13 yuan in the previous year, showing a decrease of approximately 7.8%[23] - The net cash flow from investing activities was -20,469,772.05 yuan, slightly worse than -20,227,419.94 yuan in the same period last year[24] - Cash inflow from financing activities was 1,441,299,111.94 yuan, down from 1,606,224,053.23 yuan year-over-year, representing a decline of about 10.3%[24] - The net cash flow from financing activities increased to 165,131,839.79 yuan, compared to 94,094,015.90 yuan in the previous year, marking an increase of approximately 75.5%[24] - The ending cash and cash equivalents balance was 287,660,467.80 yuan, up from 224,445,340.13 yuan in the same period last year, reflecting an increase of about 28.2%[24] Assets and Liabilities - Total assets at the end of the period were CNY 4,653,552,264.13, a slight decrease of 0.13% from the end of the previous year[5] - The company's total assets as of September 30, 2025, were CNY 4,653,552,264.13, slightly down from CNY 4,659,509,015.78 at the end of 2024[16] - Current liabilities increased to CNY 3,026,336,224.81 as of September 30, 2025, compared to CNY 2,819,561,010.84 at the end of 2024, reflecting a rise of 7.3%[17] - The company's total liabilities reached CNY 3,619,263,012.97, up from CNY 3,451,007,008.28 at the end of 2024, indicating an increase of 4.9%[17] - The equity attributable to shareholders decreased by 14.19% to CNY 1,014,048,516.21 compared to the end of the previous year[5] - The company’s equity attributable to shareholders decreased to CNY 1,014,048,516.21 as of September 30, 2025, down from CNY 1,181,707,422.65 at the end of 2024[17] Research and Development - The company reported a decrease in research and development expenses to CNY 56,989,269.33 in the first three quarters of 2025, down from CNY 60,753,888.51 in the same period of 2024[19] Inventory - The company’s inventory as of September 30, 2025, was CNY 1,083,366,644.04, an increase from CNY 1,040,851,143.17 at the end of 2024[16] Accounts Receivable - The company reported a decrease in accounts receivable financing by 66.61% due to a reduction in high-credit bank acceptance bills received[9]