JZNEE(SH:603507)2025-10-30 10:50Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,024,863,106.36, representing a year-on-year increase of 9.56%[3] - Total profit for the period decreased by 29.60% to CNY 39,232,361.06, while net profit attributable to shareholders fell by 32.76% to CNY 27,828,898.59[3] - The company reported a significant decline in net profit for the year-to-date period, down 73.60% to CNY 43,522,391.60[3] - Net profit for the first three quarters of 2025 was CNY 44,322,394.25, a significant decline of 73.7% from CNY 168,283,477.13 in the previous year[18] - The company's total liabilities rose to CNY 5,381,317,555.54, compared to CNY 4,407,588,107.74 in the previous year, reflecting an increase of 22.1%[16] - Total equity attributable to shareholders decreased to CNY 2,421,730,699.53 from CNY 2,472,228,295.82, a decline of 2.04%[16] - The company reported a total comprehensive income of CNY 45,748,020.86 for the first three quarters of 2025, down from CNY 167,351,394.99 in 2024[19] Cash Flow - The net cash flow from operating activities was negative at CNY -78,097,329.88, indicating a significant decline compared to the previous year[3] - The net cash flow from operating activities for the year-to-date period decreased by 337.22% due to inventory and receivables from capacity ramp-up[8] - Cash inflow from operating activities totaled $2,822,113,359.16, a decrease from $3,068,453,925.54 in the previous period, reflecting a decline of approximately 8.0%[22] - Net cash outflow from operating activities was $200,373,335.33, compared to a net inflow of $85,931,358.37 previously[22] - Total cash inflow from financing activities was $2,644,285,935.27, compared to $1,742,435,880.38, representing an increase of about 51.8%[23] - Net cash flow from financing activities improved to $468,116,987.32 from $19,854,334.14, indicating a positive shift[23] Assets and Liabilities - Total assets increased by 13.23% to CNY 7,840,970,023.00 compared to the end of the previous year[4] - Total current assets as of September 30, 2025, amount to ¥3,635,481,847.96, an increase from ¥3,449,009,439.61 as of December 31, 2024[14] - Total liabilities as of September 30, 2025, are ¥4,579,958,641.78, up from ¥3,772,414,269.15[15] - Non-current assets total ¥4,205,488,175.04, up from ¥3,475,744,605.95[15] - The company's total assets reached CNY 7,840,970,023.00, up from CNY 6,924,754,045.56, indicating a growth of 13.2%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,220[11] - The largest shareholder, Hu Zhen, holds 41,206,155 shares, representing 22.36% of total shares[12] Operational Costs and Expenses - Total operating costs increased to CNY 2,675,911,652.51, up 1.03% from CNY 2,641,656,971.61 year-over-year[17] - Research and development expenses for the first three quarters were CNY 99,678,674.19, an increase of 7.99% from CNY 93,181,646.59 in the same period last year[18] - Cash paid to employees increased to $427,795,363.94 from $383,652,032.62, an increase of about 11.5%[22] Non-Recurring Items - Non-recurring losses totaled CNY -8,943,449.56 for the year-to-date period, reflecting various financial impacts[7] - Deferred income increased to CNY 69,117,340.20 from CNY 55,571,140.37, marking a rise of 24.3%[16] Inventory and Receivables - Accounts receivable increased to ¥740,927,586.12 from ¥537,573,267.85[14] - Inventory increased to ¥1,404,356,288.59 from ¥1,116,055,651.85[14] - Cash received from tax refunds was $130,676,998.59, compared to $181,248,379.90, a decrease of approximately 27.7%[22]