NBZB(SH:600857)2025-10-31 00:45Financial Performance - The company's operating revenue for the third quarter was ¥89,672,759.40, a decrease of 56.01% compared to the same period last year[5]. - The total profit for the third quarter reached ¥37,827,707.11, an increase of 168.99% year-on-year, primarily due to changes in the fair value of held stocks[5][9]. - Net profit attributable to shareholders was ¥28,375,973.55, reflecting a year-on-year increase of 164.65%[5][9]. - The basic earnings per share for the third quarter was ¥0.126, up 162.50% compared to the previous year[5][9]. - Total operating revenue for the first three quarters of 2025 was CNY 378,585,123.47, a decrease of 46% compared to CNY 701,432,271.47 in the same period of 2024[20]. - Net profit for the first three quarters of 2025 reached CNY 46,011,611.18, a significant recovery from a net loss of CNY 8,012,521.42 in the same period of 2024[21]. - The company reported a comprehensive income total of CNY 59,400,752.96 for the first three quarters of 2025, compared to CNY 10,158,456.71 in 2024[22]. - Earnings per share for the first three quarters of 2025 were CNY 0.21, recovering from a loss of CNY 0.04 per share in the same period of 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥978,677,240.39, representing a 7.95% increase from the end of the previous year[6]. - The equity attributable to shareholders increased by 7.14% to ¥890,788,079.75 compared to the end of the previous year[6]. - Total liabilities increased to CNY 87,889,160.64 in 2025 from CNY 75,241,473.61 in 2024, reflecting a growth of about 17%[18]. - Total equity attributable to shareholders rose to CNY 890,788,079.75 in 2025, compared to CNY 831,387,326.79 in 2024, marking an increase of approximately 7%[18]. Cash Flow - The net cash flow from operating activities for the third quarter was ¥6,466,075.40, a decrease of 40.29% year-on-year[5][9]. - Operating cash inflow totaled $594.2 million, a decrease from $973.4 million in the previous period[26]. - Cash outflow from operating activities was $605.5 million, compared to $952.2 million last year[26]. - Net cash flow from operating activities was negative at -$11.3 million, down from a positive $21.2 million previously[26]. - The net increase in cash and cash equivalents was -$5.6 million, contrasting with a positive increase of $5.8 million previously[27]. - The ending balance of cash and cash equivalents was $395.2 million, down from $454.3 million at the end of the last period[27]. Shareholder Information - The company’s major shareholder, Tibet Zetian Investment Development Co., Ltd., holds 35,405,252 shares, representing 15.78% of the total shares, which are currently frozen[12]. - The second-largest shareholder, Zhang Jiangbo, owns 22,627,869 shares, accounting for 10.09% of the total shares, with 12,313,950 shares pledged[12]. - The company is facing potential judicial auctions of shares held by major shareholders, with 35,405,252 shares and 18,884,000 shares scheduled for auction on November 22, 2025, and October 20, 2025, respectively[14]. - The company has not reported any changes in the top 10 shareholders or their shareholding status due to transfer or lending activities[13]. Inventory and Current Assets - The company’s inventory increased to RMB 39,577,613.69 from RMB 21,673,769.35, indicating a significant rise of approximately 82.5%[16]. - The company’s total current assets reached RMB 546,700,214.70, compared to RMB 476,948,062.29 in the previous period, marking an increase of about 14.6%[16]. - The company’s non-current assets totaled RMB 431,977,025.69, a slight increase from RMB 429,680,738.11, showing a growth of approximately 0.5%[16]. - The company’s other receivables increased slightly to RMB 2,690,442.12 from RMB 2,678,908.48, indicating a marginal growth[16]. Financial Expenses and Tax Liabilities - The company’s financial expenses improved, showing a reduction from CNY -3,401,183.68 in 2024 to CNY -1,916,926.41 in 2025[21]. - Deferred income tax liabilities increased to CNY 32,459,640.83 in 2025 from CNY 27,911,392.14 in 2024, representing an increase of about 16%[18]. Accounting Standards - The company will not apply new accounting standards starting from 2025[28].