孚能科技(688567) - 2025 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2025 was approximately ¥2.21 billion, a decrease of 1.20% compared to the same period last year[3] - Net profit attributable to shareholders was approximately -¥223.53 million, with a year-to-date net profit of -¥385.49 million, indicating significant losses[3] - The company reported a significant decline in total revenue year-to-date, down 28.74% due to factors such as raw material price decreases and adjustments in customer product structure[9] - Total operating revenue for the first three quarters of 2025 was CNY 6.56 billion, a decrease from CNY 9.21 billion in the same period of 2024, representing a decline of approximately 28.8%[16] - Net profit for the first three quarters of 2025 was a loss of CNY 385.49 million, compared to a loss of CNY 303.79 million in 2024, reflecting an increase in losses of approximately 27%[16] - The company reported a total comprehensive loss of CNY 288.77 million for the first three quarters of 2025, compared to a loss of CNY 302.12 million in 2024, indicating a slight improvement in overall performance[17] Cash Flow - The net cash flow from operating activities increased by 49.15% year-to-date, amounting to approximately ¥413.63 million, attributed to improved customer payment collection[9] - Cash flow from operating activities for the first three quarters of 2025 was CNY 413.63 million, an increase from CNY 277.33 million in 2024, showing a growth of about 49%[19] - Cash flow from investing activities for the first three quarters of 2025 was a net outflow of CNY 143.39 million, compared to a net outflow of CNY 1.88 billion in 2024, indicating a significant improvement[19] - Cash flow from financing activities for the first three quarters of 2025 resulted in a net outflow of CNY 476.50 million, compared to a net outflow of CNY 385.25 million in 2024, showing a slight increase in outflows[22] Assets and Liabilities - Total assets decreased by 7.93% from the end of the previous year, totaling approximately ¥24.52 billion[4] - As of September 30, 2025, the total assets amounted to RMB 24,516,239,376.56, a decrease from RMB 26,627,192,608.24 as of December 31, 2024, reflecting a decline of approximately 7.94%[14] - The company's current assets totaled RMB 11,429,945,013.44, down from RMB 12,940,247,293.38, indicating a decrease of about 11.66%[13] - Total liabilities decreased to RMB 14,893,394,894.25 from RMB 16,715,575,148.16, a reduction of approximately 10.96%[14] - The company's equity attributable to shareholders decreased to RMB 9,622,844,482.31 from RMB 9,911,617,460.08, reflecting a decline of about 2.91%[14] Shareholder Information - The top shareholder, Farasis Energy (Asia Pacific) Limited, holds 15.22% of the shares, totaling 186,051,508 shares[11] Accounting and Reporting - The company has not reported any audited financial statements for this quarter[3] - The company has implemented a retrospective adjustment for accounting policy changes, affecting the presentation of financial statements for the previous year[5] Other Financial Metrics - Research and development expenses totaled approximately ¥164.08 million for the quarter, a decrease of 12.25% year-over-year, representing 7.42% of total revenue[4] - The weighted average return on equity was -2.30% for the quarter, reflecting ongoing financial challenges[4] - Inventory increased to RMB 3,265,731,463.52 from RMB 2,717,591,760.47, representing a growth of approximately 20.19%[13] - Short-term borrowings rose to RMB 2,041,348,685.64 from RMB 1,860,885,049.13, an increase of about 9.72%[14] - The cash and cash equivalents decreased to RMB 4,785,477,220.76 from RMB 6,174,621,384.93, a decline of approximately 22.47%[13] - The company's long-term investments increased to RMB 387,799,014.98 from RMB 306,712,362.19, showing an increase of about 26.43%[13] - The total non-current assets amounted to RMB 13,086,294,363.12, a slight decrease from RMB 13,686,945,314.86, indicating a decline of approximately 4.39%[14] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.32, compared to CNY -0.25 in 2024, indicating a worsening in per-share losses[17] - Other comprehensive income after tax for the first three quarters of 2025 was CNY 96.72 million, significantly higher than CNY 1.67 million in 2024, reflecting a substantial increase[17]