凤竹纺织(600493) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 261,200,749.43, representing a decrease of 1.91% compared to the same period last year[3] - The total profit for the period was CNY 11,211,229.24, down 84.88% year-on-year[3] - The net profit attributable to shareholders was CNY 7,788,691.41, reflecting an 86.23% decline compared to the previous year[3] - The basic earnings per share for the period was CNY 0.0286, down 86.24% year-on-year[9] - Total operating revenue for the first three quarters of 2025 was CNY 687.59 million, a decrease of 5.53% compared to CNY 727.89 million in the same period of 2024[27] - Net profit for the first three quarters of 2025 was CNY 15.74 million, a significant decline of 74.83% compared to CNY 62.58 million in the same period of 2024[28] - Earnings per share for the first three quarters of 2025 was CNY 0.0579, down from CNY 0.2301 in the same period of 2024[28] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -2,651,763.42, a significant decrease of 985.20%[3] - Cash flow from operating activities generated a net amount of CNY 18.86 million, an increase from CNY 15.16 million year-over-year[30] - Cash received from sales of goods and services was CNY 581.01 million, an increase of 7.69% compared to CNY 539.44 million in the same period of 2024[30] - The total cash and cash equivalents at the end of the period were 57,369,053.91, down from 126,265,660.17 in the previous period, indicating a decrease in liquidity[31] - The net decrease in cash and cash equivalents was -11,521,695.08, compared to -21,129,725.00 in the previous period, showing an improvement in cash management[31] Assets and Liabilities - The total assets increased by 7.07% to CNY 1,781,596,962.08 compared to the end of the previous year[4] - The total liabilities increased to CNY 657,743,546.09 from CNY 539,852,423.60, marking an increase of approximately 22%[26] - Short-term borrowings rose significantly to CNY 162,695,262.08 from CNY 91,581,134.00, reflecting an increase of about 77.8%[26] - The company reported a total non-current asset value of CNY 1,041,589,086.30, up from CNY 967,343,219.27, which is an increase of approximately 7.6%[25] Investments and Projects - The company has completed land reserve matters for the Henan subsidiary project, acquiring a total of 424.08 acres of land[17] - The investment for the Henan Fengzhu (Anyang) 30,000-ton dyeing project is estimated to be around 300 million yuan, with the main structure of the dyeing workshop already topped out[17] - The company has initiated a joint venture with CITIC Environment for the Anyang dyeing demonstration park, adapting to new environmental regulations[16] - The company is actively pursuing the development of the Anyang project to optimize resource allocation and alleviate financial pressure[18] - The company has received all necessary approvals for the investment agreement related to the Anyang production base project[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,179[11] - The equity attributable to shareholders decreased slightly by 0.02% to CNY 1,123,853,415.99[4] - The total equity remained stable at CNY 1,123,853,415.99, consistent with the previous year[26] Research and Development - Research and development expenses increased to CNY 19.78 million, up 14.66% from CNY 17.27 million in the same period of 2024[27] - The company has ongoing investments in new product development and market expansion strategies, although specific financial figures were not disclosed in the report[25] Financial Management - The company reported a decrease in financial expenses, with a net financial income of CNY -1.60 million compared to CNY -1.07 million in the previous year[27] - The company’s cash flow management strategies are under review to enhance liquidity and investment performance moving forward[31] - The company did not apply new accounting standards or interpretations for the year 2025[32]