森麒麟(002984) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was CNY 2,318,282,344.39, representing a 3.94% increase year-over-year[5] - Net profit attributable to shareholders decreased by 47.03% to CNY 343,443,427.21 for the same period[5] - The basic earnings per share (EPS) fell by 58.75% to CNY 0.33, while diluted EPS decreased by 58.97% to CNY 0.32[5] - The company reported a 42.18% decrease in net profit after deducting non-recurring gains and losses, totaling CNY 993,190,730.77 year-to-date[5] - The net profit for the current period is CNY 1,015,309,782.11, a decrease of 41.1% compared to CNY 1,725,743,010.89 in the previous period[29] - The total profit for the current period is CNY 1,100,787,605.74, down from CNY 1,890,012,239.94, reflecting a decline of 41.8%[29] - The operating profit for the current period is CNY 1,099,566,317.52, compared to CNY 1,888,339,984.56 in the previous period, indicating a decrease of 41.8%[29] - Basic earnings per share for the current period is CNY 0.98, down from CNY 2.13 in the previous period, a decline of 53.9%[30] - Diluted earnings per share for the current period is CNY 0.94, compared to CNY 1.94 in the previous period, reflecting a decrease of 51.5%[30] - The total comprehensive income for the current period is CNY 957,452,769.40, down from CNY 1,666,951,887.94 in the previous period, a decline of 42.5%[29] Assets and Liabilities - Total assets increased by 5.89% to CNY 18,443,680,103.22 compared to the end of the previous year[5] - Total liabilities rose to ¥4,596,353,476.75 from ¥3,924,690,719.73, an increase of about 17.1%[27] - The company’s equity attributable to shareholders increased to ¥13,847,326,626.47 from ¥13,493,079,387.65, a growth of approximately 2.63%[27] Cash Flow - Cash flow from operating activities showed a significant decline of 87.01%, totaling CNY 197,762,622.06 year-to-date[5] - The cash flow from operating activities for the current period is CNY 197,762,622.06, significantly lower than CNY 1,521,995,657.95 from the previous period[31] - The cash flow from investing activities shows a net outflow of CNY 940,205,767.67, compared to a net outflow of CNY 1,825,004,228.57 in the previous period[32] - The cash flow from financing activities has a net inflow of CNY 227,516,389.72, contrasting with a net outflow of CNY 377,698,634.94 in the previous period[32] Inventory and Operating Costs - The company reported a 54.94% increase in inventory, amounting to CNY 2,731,495,056.89, primarily due to an increase in raw materials and finished goods[10] - Total operating costs increased to ¥5,353,400,766.32 from ¥4,451,728,994.77, representing a rise of about 20.25%[28] - Operating costs included ¥4,890,558,597.90 in operating expenses, up from ¥4,092,598,200.50, indicating a growth of approximately 19.5%[28] - Inventory levels rose significantly to ¥2,731,495,056.89 from ¥1,762,913,898.85, marking an increase of about 54.9%[25] Dividends and Shareholder Returns - The company proposed a cash dividend of RMB 2.9 per 10 shares for the 2024 fiscal year, to be distributed on June 30, 2025[15] - The actual controller and chairman, Qin Long, suggested a mid-year cash dividend of RMB 3.00 per 10 shares for 2025, reflecting confidence in the company's future[16] - The company held a meeting on August 29, 2025, to approve a cash dividend of RMB 3.0 per 10 shares for the first half of 2025[21] Government Support and Other Income - The company received government subsidies totaling CNY 5,670,750.75 during the quarter, contributing to a 49.44% increase in other income[6][10] Business Operations - The company has completed the registration of changes to its business scope and updated its articles of association as of September 15, 2025[20] - The company reported that 477,652 shares were exercised under the 2022 stock option incentive plan[18] Research and Development - Research and development expenses were reported at ¥138,707,047.51, slightly down from ¥139,731,367.23, indicating a decrease of about 0.73%[28]