SUNSTONE(SH:603612)2025-10-30 12:55Financial Performance - The company's operating revenue for Q3 2025 reached ¥4,455,716,926.72, an increase of 29.38% year-on-year, while the year-to-date revenue was ¥12,762,138,454.81, up 28.66% compared to the same period last year[3] - Total profit for the quarter was ¥212,610,310.69, a decrease of 12.58% year-on-year, but the year-to-date profit increased significantly by 165.99% to ¥1,091,804,235.97[3] - Net profit attributable to shareholders for Q3 was ¥130,672,347.42, down 29.47% year-on-year, while the year-to-date net profit rose by 201.81% to ¥653,764,787.48[3] - The basic earnings per share for the quarter was ¥0.26, a decrease of 23.53% year-on-year, while the diluted earnings per share also stood at ¥0.26[4] - Net profit for the first three quarters of 2025 was ¥886.33 million, representing a significant increase of 159.5% compared to ¥341.84 million in 2024[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥1.31, compared to ¥0.40 in the same period of 2024[23] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥324,017,527.07, reflecting a significant increase of 1,241.51% compared to the previous year[3] - Cash flow from operating activities generated a net amount of ¥324.02 million, a substantial increase from ¥24.15 million in the previous year[26] - Cash inflow from investment activities was ¥55.99 million, while cash outflow was ¥658.74 million, resulting in a net cash flow of -¥602.76 million[26] - The net cash flow from financing activities was -$403.10 million, compared to $658.01 million in the previous period[28] - The net increase in cash and cash equivalents was -$671.57 million, compared to an increase of $91.39 million in the prior period[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥18,343,542,922.67, representing a 4.14% increase from the previous year-end[4] - The company's current assets totaled RMB 9,485,284,578.81, compared to RMB 9,040,725,740.98 at the end of 2024, indicating an increase of about 4.91%[16] - Total liabilities reached RMB 11,122,193,689.35, up from RMB 10,713,773,846.61, which is an increase of approximately 3.82%[18] - The company's short-term borrowings increased to RMB 3,365,244,850.38 from RMB 3,132,484,537.86, marking a rise of about 7.43%[17] - The company's long-term borrowings rose to RMB 4,063,927,551.64 from RMB 3,143,702,773.98, reflecting an increase of about 29.32%[18] Inventory and Receivables - Inventory levels rose significantly to RMB 3,776,212,293.09 from RMB 2,741,875,971.89, representing an increase of approximately 37.73%[16] - The accounts receivable decreased to RMB 2,020,002,634.80 from RMB 2,341,740,968.52, indicating a reduction of about 13.73%[16] - The company reported a significant increase in prepayments to RMB 472,118,769.76 from RMB 201,754,734.48, which is an increase of approximately 133.33%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,631[12] - The equity attributable to shareholders increased by 8.51% to ¥5,610,883,412.45 compared to the previous year-end[4] - The company's equity attributable to shareholders rose to RMB 5,610,883,412.45 from RMB 5,170,755,674.52, reflecting an increase of around 8.52%[18] Profitability - The company reported a significant improvement in profitability, driven by increased sales and market prices of prebaked anode products[10] - The net profit excluding non-recurring gains and losses for Q3 was ¥119,684,579.73, a substantial increase of 419.16% year-on-year, while the year-to-date figure was ¥641,774,330.04, up 373.83%[3] - Total operating costs increased to ¥11.58 billion, up 21.3% from ¥9.56 billion year-over-year[20] - The company incurred a loss of ¥21.94 million from investment income, worsening from a loss of ¥5.77 million in the previous year[20] - Other comprehensive income after tax totaled ¥1.22 million, down from ¥2.52 million in the same period of 2024[21]