哈尔斯(002615) - 2025 Q3 - 季度财报

Financial Performance - Q3 2025 revenue was CNY 865,551,624.51, a decrease of 11.19% year-on-year, while year-to-date revenue increased by 2.94% to CNY 2,436,971,539.78[5] - Net profit attributable to shareholders was CNY 8,771,935.72, down 90.89% year-on-year, with year-to-date net profit decreasing by 55.49% to CNY 100,123,499.56[5] - Basic earnings per share for Q3 2025 was CNY 0.02, a decline of 90.48% compared to the same period last year[5] - Total operating revenue for the current period reached ¥2,436,971,539.78, an increase of 2.9% compared to ¥2,367,389,237.90 in the previous period[30] - Total operating costs increased to ¥2,302,439,899.95, up 9.5% from ¥2,103,055,835.76 in the previous period[30] - Net profit for the current period was ¥99,857,408.12, a decrease of 55.7% from ¥225,503,385.34 in the previous period[31] - Operating profit decreased to ¥116,633,518.21, down 52.9% from ¥247,273,837.24 in the previous period[31] - The total comprehensive income for the current period was ¥131,212,328.60, down from ¥238,969,481.34 in the previous period[31] - Basic and diluted earnings per share decreased to ¥0.22 from ¥0.49 in the previous period[31] Assets and Liabilities - Total assets increased by 12.31% year-on-year to CNY 3,792,181,315.70 as of the end of the reporting period[5] - The company's current liabilities increased to RMB 1,473,119,584.73 from RMB 1,182,588,896.44, indicating a rise in short-term financial obligations[28] - The company's total equity attributable to shareholders decreased to RMB 1,701,317,761.82 from RMB 1,720,679,007.72, indicating a slight decline in shareholder value[29] - The company reported an increase in inventory to RMB 649,791,633.36 from RMB 536,589,145.33, suggesting a buildup of stock[27] - Long-term borrowings rose to RMB 562,920,464.09 from RMB 416,522,928.34, indicating increased leverage[28] - The company’s total liabilities increased to RMB 2,097,185,874.49 from RMB 1,661,791,878.75, reflecting a rise in overall debt levels[28] Cash Flow - Cash flow from operating activities decreased by 57.74% year-on-year, attributed to profit decline and increased inventory from ramping up production in Thailand[13] - Cash flow from operating activities generated a net amount of ¥103,913,278.61, a decline of 57.7% compared to ¥245,883,858.38 in the previous period[32] - Cash flow from investing activities resulted in a net outflow of ¥411,894,723.88, worsening from a net outflow of ¥275,702,128.81 in the previous period[32] - Cash flow from financing activities generated a net inflow of ¥202,971,261.87, compared to a net inflow of ¥10,713,795.08 in the previous period[33] - The ending balance of cash and cash equivalents was ¥696,356,934.72, down from ¥836,964,784.28 in the previous period[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,163[15] - The largest shareholder, Lü Qiang, holds 37.82% of the shares, totaling 176,327,685 shares[15] - Lü Qiang and his concerted action parties hold a combined total of 223,874,485 shares, representing 48.01% of the total share capital[21] - The company’s repurchase account held 8,244,179 shares at the end of the reporting period, accounting for 1.77% of total shares[15] - The company completed a share buyback plan, repurchasing a total of 5,605,550 shares, which accounts for approximately 1.20% of the total share capital[25] - The total amount spent on share repurchases reached RMB 6,021,777.50, with the latest purchases made by major shareholders[22] - The company plans to use between RMB 80 million and RMB 160 million for future share buybacks, with a maximum repurchase price set at RMB 10.85 per share[23] - The company plans for Lü Lizhen and Ouyang Bo to increase their holdings by investing between RMB 6 million and RMB 12 million within six months starting April 9, 2025[19] - Ouyang Bo has increased his holdings by 250,000 shares, bringing his total to 14,093,800 shares, or 3.02% of the total[21] Future Outlook and Regulatory Matters - The company expects gradual improvement in performance as international trade stabilizes and overseas production capacity ramps up[10] - The company plans to issue A-shares to specific investors, with the proposal approved by the board on December 29, 2023[16] - The Shenzhen Stock Exchange accepted the company's application for issuing shares to specific investors on January 4, 2025[16] - The company received approval from the China Securities Regulatory Commission for the stock issuance on September 3, 2025[18] - The company’s board will handle the stock issuance matters within the specified timeframe and fulfill information disclosure obligations[18] - The third quarter financial report has not been audited[34] - The new accounting standards will be implemented starting from 2025[35]