Yibin paper(SH:600793)2025-10-30 12:35Financial Performance - The company's operating revenue for Q3 2025 was CNY 499,048,523.37, representing a decrease of 6.75% compared to CNY 535,148,150.83 in the same period last year[5] - The total profit for the quarter was CNY 26,483,713.94, a significant increase of 666.63% from a loss of CNY 50,778,234.58 in the previous year[5] - The net profit attributable to shareholders was a loss of CNY 6,978,598.79, an improvement from a loss of CNY 50,792,897.02 year-over-year[5] - The basic earnings per share for the quarter was -0.0394, improving from -0.2871 in the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,729,476,089.48, an increase from ¥1,686,311,991.77 in the same period of 2024, representing a growth of approximately 2.55%[22] - Net profit for the first three quarters of 2025 was ¥90,306,478.66, a significant recovery from a net loss of ¥1,541,919.73 in 2024[23] - The total profit for the first three quarters of 2025 was ¥138,602,075.56, a substantial increase from ¥18,079,464.02 in 2024[23] Cash Flow - The net cash flow from operating activities for the quarter was CNY 37,114,133.37, a decrease of 72.73% compared to CNY 136,082,259.98 in the previous year[5] - The company reported a net cash flow from operating activities of ¥356,903,812.18 for the first three quarters of 2025, compared to ¥319,289,972.61 in 2024, indicating an increase of approximately 11.8%[28] - Cash and cash equivalents at the end of the third quarter of 2025 totaled ¥227,762,335.36, up from ¥107,905,664.53 at the end of the same period in 2024, reflecting a growth of about 110.9%[29] - The company’s financing activities generated a net cash outflow of ¥159,853,222.40 in 2025, an improvement from a net outflow of ¥200,977,775.39 in 2024[29] - The company received cash inflows from financing activities totaling ¥1,012,025,423.80 in 2025, compared to ¥1,515,000,000.00 in 2024, indicating a decrease of approximately 33.3%[29] Assets and Liabilities - The company reported a total asset value of CNY 3,355,214,064.72, a slight decrease of 0.42% from CNY 3,369,366,773.86 at the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥987,859,942.38, an increase from ¥929,063,959.47 as of December 31, 2024[17] - Total non-current assets decreased to ¥2,367,354,122.34 from ¥2,440,302,814.39[17] - Total current liabilities are ¥955,613,455.34, down from ¥1,223,474,163.32[18] - Total non-current liabilities increased to ¥1,974,570,029.95 from ¥1,865,958,234.28[18] - Total liabilities amount to ¥2,930,183,485.29, compared to ¥3,089,432,397.60 previously[18] - The total equity attributable to shareholders of the parent company is ¥237,979,819.73, up from ¥221,023,281.42[19] - The company reported a net loss of ¥248,747,888.21 in retained earnings, an improvement from a loss of ¥263,834,096.11[19] Business Developments - The company attributed the improved profit margins to the addition of corrugated paper business and enhanced profitability of acetate fiber products[11] - The company completed the acquisition of a 67% stake in Sichuan Pushi Acetate Fiber Co., Ltd., which contributed to the financial adjustments in the previous year's data[7] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,100[13] - The largest shareholder, Sichuan Yibin Wuliangye Group Co., Ltd., holds 79,368,520 shares, representing 44.87% of total shares[13] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥36,618,979.73, slightly down from ¥39,647,148.33 in 2024, a decrease of approximately 5.1%[22]