GSMG(SH:600543)2025-10-30 10:30Financial Performance - The company's operating revenue for the third quarter was ¥21,757,089.36, a decrease of 65.63% compared to the same period last year[5]. - The total profit for the quarter was -¥18,293,151.84, with a year-to-date total profit of -¥50,950,704.38[5]. - The net profit attributable to shareholders was -¥18,009,111.79 for the quarter, and -¥49,873,622.24 year-to-date[5]. - The basic and diluted earnings per share for the quarter were both -¥0.06, compared to -¥0.16 for the same period last year[6]. - Total operating revenue for the first three quarters of 2025 was CNY 142,578,544.85, a decrease of 36.4% compared to CNY 224,501,623.09 in the same period of 2024[23]. - Net profit for the first three quarters of 2025 was a loss of CNY 50,812,650.19, compared to a loss of CNY 27,214,556.11 in the same period of 2024, representing an increase in losses[24]. - The company reported a basic and diluted earnings per share of CNY -0.16 for the first three quarters of 2025, compared to CNY -0.08 in the same period of 2024[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥989,368,242.69, a slight decrease of 0.11% from the end of the previous year[6]. - Total current assets as of September 30, 2025, amount to 398,210,576.09 RMB, an increase from 374,902,620.65 RMB at the end of 2024[18]. - The company's total liabilities amounted to CNY 222,861,626.95, an increase from CNY 174,916,638.48 in the previous year[20]. - Total equity attributable to shareholders of the parent company decreased to CNY 759,746,283.89 from CNY 809,619,906.13 year-over-year[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥128,197,725.37, indicating increased procurement expenditures[10]. - Cash inflow from operating activities for the first three quarters of 2025 was CNY 128,653,725.16, down 24.5% from CNY 170,339,314.17 in the same period of 2024[27]. - Cash outflows from operating activities totaled $256.85 million, up from $213.68 million, reflecting increased operational costs[28]. - The net cash flow from operating activities was -$128.20 million, compared to -$43.34 million in the previous period, indicating a significant decline in operational performance[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,915[13]. - The largest shareholder, Gansu Agricultural Reclamation Group Co., Ltd., holds 52,192,036 shares, representing 16.25% of total shares[13]. - Gansu Huangyanghe Agricultural Industry Group Co., Ltd. holds 42,729,215 shares, accounting for 13.31%[14]. - The company has no significant changes in major shareholders or their shareholding status during the reporting period[14]. Market Conditions - The decline in revenue was primarily due to a continuous shrinkage in the domestic wine market, affecting both wine and pharmaceutical business revenues[10]. - There are no applicable reminders for investors regarding the company's operational situation during the reporting period[15]. Operational Costs - Total operating costs for the first three quarters of 2025 were CNY 192,194,877.30, down 22.8% from CNY 249,078,456.16 in the previous year[23]. - Cash paid for purchasing goods and services in the first three quarters of 2025 was CNY 182,950,137.84, an increase of 25.7% compared to CNY 145,565,575.28 in the previous year[27]. Non-Recurring Items - Non-recurring gains and losses for the period totaled ¥193,203.08, with government subsidies contributing positively[8].