Financial Performance - The company's operating revenue for Q3 2025 was ¥465,914,178.79, an increase of 5.51% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2025 reached ¥45,540,828.15, a significant increase of 455.70% year-on-year[5]. - The basic earnings per share for Q3 2025 was ¥0.0369, reflecting a growth of 454.81% compared to the previous year[5]. - Total operating revenue decreased to ¥1,217,250,722.03 from ¥1,243,637,571.71, representing a decline of approximately 2.1% year-over-year[23]. - Net profit increased significantly to ¥102,663,372.01 compared to ¥47,457,089.90 in the previous period, marking a growth of approximately 116.5%[23]. - Earnings per share (EPS) rose to ¥0.0754 from ¥0.031, representing an increase of approximately 142.6%[24]. Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥5,045,857,582.25, a slight decrease of 0.39% from the end of the previous year[5]. - The total liabilities decreased to ¥2,529,828,059.71 from ¥2,592,178,008.28, reflecting a reduction of about 2.4%[20]. - The company’s total equity attributable to shareholders increased by 3.79% to ¥2,083,133,871.44 compared to the end of the previous year[5]. - The total equity attributable to shareholders increased to ¥2,083,133,871.44 from ¥2,007,073,603.17, showing an increase of approximately 3.8%[20]. - The company reported a total current liability of CNY 29,097,001.76 for short-term borrowings, an increase from CNY 19,402,430.56[19]. Cash Flow - The company reported a net cash flow from operating activities of ¥53,645,853.11 for the year-to-date, down 4.40% from the previous year[5]. - The net cash flow from operating activities was $53,645,853.11, a decrease from $56,115,225.68 in the previous period, reflecting a decline of approximately 2.5%[26]. - Cash inflow from investment activities totaled $109,975,494.92, down from $331,643,485.88, indicating a significant decrease of about 66.8%[26]. - The net cash flow from financing activities was -$23,541,070.70, compared to -$330,676,879.46 in the prior period, showing an improvement in cash flow management[26]. - The cash inflow from operating activities was $1,334,312,203.80, compared to $1,425,595,063.58, marking a decline of about 6.4%[26]. Investments and Other Income - The company experienced a 804.02% increase in net cash flow from investing activities, amounting to -¥263,722,292.47, primarily due to increased investments in distributed power stations[12]. - The company reported a significant increase in other operating income, which rose by 927.98% to ¥26,193,130.67, mainly due to arbitration awards for customer penalties[11]. - The cash outflow for investment activities was $373,697,787.39, slightly up from $360,815,675.26, suggesting continued investment despite cash flow challenges[26]. Shareholder and Corporate Governance - The company has no significant changes in the top 10 shareholders or their shareholdings during the reporting period[15]. - There are ongoing litigation matters involving the company's subsidiaries, with updates expected in the coming months[16]. - The company did not undergo an audit for the third quarter report, which may impact investor confidence[28]. Current Assets and Inventory - Current assets decreased to CNY 2,905,849,257.79 from CNY 3,031,615,431.47, primarily due to a reduction in cash and cash equivalents[19]. - The company's cash and cash equivalents stood at CNY 796,164,222.58, down from CNY 1,013,767,043.88[19]. - Accounts receivable increased to CNY 334,088,341.70 from CNY 281,974,498.93, indicating a growth of approximately 18.5%[19]. - Inventory decreased to CNY 1,448,967,524.42 from CNY 1,522,788,361.58, reflecting a decline of about 4.8%[19].

深圳瑞捷技术股份有限公司 2025 年第三季度报告 证券代码：300977 证券简称：深圳瑞捷 公告编号：2025-054 深圳瑞捷技术股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 □是 否 | | 本报告期 | 本报告期比上年同 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 期增减 | | 上年同期增减 | | 营业收入（元） | 126,273,029.08 | -1.53% | 326,545,648.89 | -3.13% | | 归属于上市公司股 | 8,116,695.35 | 38.32% | 27,12 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥37,241,444.57, a decrease of 47.92% compared to the same period last year[5] - The net profit attributable to shareholders was -¥50,818,754.46, representing a 26.70% increase in losses year-over-year[5] - The basic earnings per share were -¥0.15, which is a 25.00% improvement compared to the previous year[5] - The company experienced a 49.58% decrease in operating revenue year-to-date, totaling ¥109,442,238.43[9] - Total operating revenue decreased to ¥109,442,238.43 from ¥217,079,111.55, representing a decline of approximately 49.6% year-over-year[21] - The company's net loss from investments was ¥95,499,031.85, compared to a loss of ¥116,086,486.32 in the previous period[21] - The company reported a net loss of approximately ¥170.73 million for the current period, compared to a net loss of ¥199.04 million in the previous period, indicating an improvement of about 14.3% year-over-year[22] - The company reported a total comprehensive loss of approximately ¥170.73 million, compared to a loss of ¥199.04 million in the previous period, showing a year-over-year improvement[22] - Basic earnings per share were reported at -¥0.48, an improvement from -¥0.55 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥559,866,333.33, down 22.65% from the end of the previous year[5] - Total assets decreased to ¥559,866,333.33 from ¥723,805,372.44, a reduction of about 22.7%[19] - Total liabilities decreased to ¥115,693,650.24 from ¥120,197,982.79, a decrease of approximately 3.9%[19] - The company's long-term equity investments decreased to ¥160,507,401.00 from ¥256,490,151.51, a decline of about 37.4%[18] - The company's total current assets decreased to ¥323,080,986.25 from ¥379,642,733.32, a decline of about 15.0%[18] Cash Flow - The company reported a net cash flow from operating activities of -¥59,659,003.60, a significant decline of 929.63% compared to the previous year[5] - Operating cash flow for the current period was negative at ¥59.66 million, a significant decline from a positive cash flow of ¥7.19 million in the previous period[23] - The company generated cash inflows from operating activities totaling ¥115.85 million, a decrease of 48.3% compared to the previous period[23] - The company’s investment activities resulted in a net cash outflow of approximately ¥671,494.88, compared to a much larger outflow of ¥94.69 million in the previous period[23] - The company’s financing activities resulted in a net cash outflow of approximately ¥2.85 million, a significant reduction from an outflow of ¥58.27 million in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,531[11] - The largest shareholder, Chen Chongjun, holds 19.91% of the shares, totaling 67,693,537 shares, with 83.19% of his shares pledged[15] - The total number of shares pledged by Chen Chongjun amounts to 56,312,923 shares, representing 16.56% of the company's total equity[15] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder holding nearly 20%[11] - A total of 989,981 shares are under lock-up due to executive restrictions, with a release schedule based on the tenure of the executives[12] Legal and Regulatory Matters - The company has initiated legal proceedings regarding the unpaid remaining 49% of the equity transfer payment for the sale of a 20.41% stake in Shanghai Zhiyu Information Technology Co., Ltd.[13] - The company has not yet received performance compensation payments from Dongfang Gaosheng and Shanghai Muyu for unmet performance commitments for 2024[14] - The company has a significant risk of forced selling if the court executes the frozen shares held by the controlling shareholder[15] Operational Efficiency - The company recorded a 77.79% reduction in sales expenses, amounting to ¥21,964,435.42, primarily due to the exclusion of Donggao Technology from the consolidation scope[9] - Total operating costs decreased to ¥170,050,767.30 from ¥260,516,057.25, a reduction of about 34.7% year-over-year[21] - The company incurred total operating expenses of ¥175.51 million, which is a decrease from ¥217.07 million in the previous period, reflecting a cost reduction strategy[23] Other Financial Metrics - Cash and cash equivalents decreased to ¥147,896,326.66 from ¥201,909,179.33, a decline of approximately 26.7%[18] - Inventory decreased to ¥93,435,717.93 from ¥106,706,414.42, a reduction of approximately 12.4%[18] - The company's retained earnings showed a significant decline, with an increase in the negative balance to ¥-382,072,270.87 from ¥-217,810,272.80[20]

Financial Performance - The company's revenue for Q3 2025 was ¥851,300,049.61, representing a decrease of 13.85% compared to the same period last year[5] - The net profit attributable to shareholders was -¥221,629,661.73, a decline of 98.08% year-on-year[5] - The basic earnings per share were -¥0.4594, down 98.53% from the previous year[5] - Total revenue for the current period is CNY 3,828,041,060.57, a decrease of 3.8% compared to CNY 3,979,698,933.71 in the previous period[25] - The net profit for the current period is a loss of CNY 88,914,858.38, compared to a profit of CNY 9,367,107.46 in the previous period[26] - Total comprehensive income amounted to ¥85,265,716.53, a decrease of ¥47,057,886.98 compared to the previous period[27] - Basic and diluted earnings per share were both -0.1841, compared to 0.0191 in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,423,855,513.50, an increase of 10.85% compared to the end of the previous year[5] - The company's total assets increased to CNY 10,423,855,513.50 from CNY 9,403,298,316.92 at the beginning of the period[24] - Current assets rose to CNY 8,037,458,359.01, up from CNY 7,303,988,505.63 at the beginning of the period, reflecting a growth of 10.1%[24] - The total liabilities increased to CNY 5,964,474,577.45 from CNY 5,026,997,777.21, marking an increase of 18.6%[24] - Short-term borrowings increased significantly to CNY 1,999,021,902.94 from CNY 1,073,120,303.39, indicating a rise of 86.1%[24] Cash Flow - Cash flow from operating activities showed a net outflow of -¥49,786,934.34, a decrease of 105.85% year-on-year[5] - Cash inflow from operating activities was ¥5,197,688,390.27, an increase from ¥4,879,420,187.82 in the previous period[28] - Net cash flow from operating activities was -¥49,786,934.34, a significant decline from ¥850,540,046.61 in the previous period[29] - Cash inflow from investing activities totaled ¥1,597,269,093.70, slightly up from ¥1,582,885,132.12 in the previous period[29] - Net cash flow from investing activities was -¥1,069,537,971.52, worsening from -¥688,623,615.17 in the previous period[29] - Cash inflow from financing activities reached ¥4,218,863,870.68, compared to ¥1,474,082,778.77 in the previous period[29] - Net cash flow from financing activities was ¥973,334,561.72, a recovery from -¥99,049,892.20 in the previous period[29] - The ending balance of cash and cash equivalents was ¥1,907,319,284.84, down from ¥1,797,781,830.88 in the previous period[29] Research and Development - Research and development expenses increased by 30.91% to ¥19,545.44 million, reflecting a rise in R&D personnel[11] - Research and development expenses for the current period were CNY 195,454,422.60, up from CNY 149,307,896.33 in the previous period, reflecting a growth of 30.9%[26] Shareholder Information - The total equity attributable to shareholders was ¥4,459,908,139.42, reflecting a slight increase of 1.90% from the previous year[5] - The total number of common shareholders at the end of the reporting period is 25,455[15] - GLOBE HOLDINGS (HONG KONG) CO., LIMITED holds 52.98% of shares, totaling 255,598,466 shares[15] - The second largest shareholder, Junma Enterprise Limited, holds 18.82% with 90,790,870 shares[15] - The total number of shares held by the top 10 shareholders is 57.10% when including indirect holdings[16] - The company has 278,021,304 shares under lock-up, with no shares released during the reporting period[19] - The company plans to reserve stock options for incentive purposes, as approved in board meetings held on August 27, 2025[20] - The stock option incentive plan for 2024 was completed on September 3, 2025[20] - The number of shares held by Chen Yin, the actual controller, is 18,232,632, representing 3.92% of the total shares[16] - The company has no preferred shareholders or changes in restricted shares during the reporting period[17] - The top 10 unrestricted shareholders hold a total of 94,000,000 shares[16] Other Information - The financial report for the third quarter was not audited[31]

Financial Performance - The company's operating revenue for Q3 2025 was ¥52,196,387.10, a decrease of 21.71% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2025 was ¥745,806.94, down 37.86% year-on-year[4] - The basic earnings per share for Q3 2025 was ¥0.0025, reflecting a decline of 37.50% compared to the previous year[4] - Total operating revenue for the current period was ¥193,751,244.66, a decrease of 11.2% from ¥218,236,369.58 in the previous period[22] - Operating profit for the current period was ¥9,328,859.36, compared to ¥10,778,282.84 in the previous period, indicating a decline of 13.5%[22] - Net profit for the current period is 4,275,958.81, a decrease of 16.1% from 5,093,497.45 in the previous period[23] - Total comprehensive income for the current period is 4,275,958.81, a decrease of 16.1% from 5,093,497.45 in the previous period[23] - Basic and diluted earnings per share are both 0.0152, down from 0.0209 in the previous period[23] Assets and Liabilities - Total assets at the end of Q3 2025 reached ¥1,272,048,615.06, an increase of 6.64% from the end of the previous year[5] - The total assets increased to ¥1,272,048,615.06 from ¥1,192,790,641.91, representing a growth of 6.7%[21] - Current liabilities rose to ¥414,139,773.43, up from ¥321,279,947.23, marking an increase of 29%[21] - The total liabilities increased to ¥422,816,346.41 from ¥333,015,017.42, reflecting a growth of 27%[21] - The total equity attributable to shareholders decreased to ¥846,218,671.64 from ¥856,524,656.94, a decline of 1.9%[21] - Cash and cash equivalents decreased to ¥398,521,682.34 from ¥476,092,459.93, a reduction of 16.3%[20] Cash Flow - The company's net cash flow from operating activities showed a negative net amount of ¥48,672,019.52, an increase of 52.66% in outflow compared to the previous year[4] - Operating cash flow net amount is -48,672,019.52, an improvement from -102,812,910.72 in the previous period[26] - Investment activities generated a net cash flow of -4,008,444.66, compared to -75,727,937.82 in the previous period, indicating a significant reduction in cash outflow[26] - Cash flow from financing activities resulted in a net outflow of -24,541,484.15, compared to -2,701,147.46 in the previous period[27] - Cash and cash equivalents at the end of the period stand at 390,462,665.57, an increase from 310,737,485.51 in the previous period[27] Inventory and Prepayments - The company reported a significant increase in inventory, which rose by 131.66% to ¥212,030,334.74 due to increased costs of unfinished projects[9] - The company experienced a substantial increase in prepayments, which rose by 228.36% to ¥125,121,747.97, attributed to project progress[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,947[13] - The largest shareholder, China Academy of Sciences Holdings Co., Ltd., holds 90,477,651 shares, representing a significant portion of the company's equity[15] - The total number of shares held by the top 10 unrestricted shareholders amounts to 100,000,000 shares, indicating strong institutional support[15] - The company has a total of 10,837,361 restricted shares at the beginning of the period, with 5,729,463 shares released from restriction during the period[17] - The company plans to release 268,880 additional restricted shares, resulting in a total of 5,376,778 restricted shares remaining[17] - The company has not disclosed any significant changes in shareholder relationships among the top 10 shareholders[15] - The company has a total of 1,339,400 shares held by Jiangsu Bank Co., Ltd. under a flexible allocation mixed securities investment fund[15] - The company has a total of 1,872,900 shares held by Wu Zhiming, indicating individual investor interest[15] - The company has a total of 1,367,400 shares held by China Minsheng Bank Co., Ltd., reflecting institutional investment[15] - The company has a total of 1,359,950 shares held by Qianhai Life Insurance Co., Ltd., showcasing diversified investment sources[15] - The company has a total of 2,169,828 shares held by Shanghai Tongli Industrial Co., Ltd., indicating potential strategic partnerships[15] Other Income - The company reported a decrease in other income by 44.64% to ¥1,475,072.24, due to reduced government subsidies recognized during the reporting period[12] - The company reported an investment income of ¥12,002,006.20, up from ¥6,612,362.94, indicating an increase of 81.5%[22]

Financial Performance - The company's operating revenue for Q3 2025 was ¥166,179,049.80, representing a year-on-year increase of 20.48%[4] - The total profit for the period was a loss of ¥626,662.73, with a year-to-date loss of ¥14,212,883.22[4] - The net profit attributable to shareholders was a loss of ¥1,377,446.16 for the quarter, with a year-to-date loss of ¥16,861,808.64[4] - The company reported a significant improvement in financial performance, with a reduction in loss margins due to a 20.48% increase in revenue compared to the previous year[9] - The net loss for the first three quarters of 2025 was ¥16,861,808.64, an improvement from a net loss of ¥21,345,064.81 in the same period of 2024[21] - The operating profit for the first three quarters of 2025 was reported at -¥14,234,488.92, compared to -¥19,819,303.84 in 2024, indicating a reduction in losses[21] - The company recorded a total comprehensive loss of ¥17,625,838.30 for the first three quarters of 2025, compared to a loss of ¥21,387,617.15 in 2024[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.16, an improvement from -¥0.21 in the same period of 2024[22] Research and Development - Research and development expenses totaled ¥31,225,446.28, accounting for 18.79% of operating revenue, a decrease of 4.85 percentage points year-on-year[5] - Research and development expenses for the first three quarters of 2025 were ¥97,363,189.93, compared to ¥98,609,713.47 in 2024, showing a slight decrease[19] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,819,061,039.59, a decrease of 0.82% compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,345,199,246.57, a decrease from ¥1,408,877,111.26 at the end of 2024[14] - Total non-current assets increased to ¥473,861,793.02 from ¥425,300,181.41[15] - The total liabilities as of the reporting date were ¥604,340,191.59, slightly up from ¥601,830,606.37 in the previous year[16] - Total equity attributable to shareholders was ¥1,214,720,848.00, down from ¥1,232,346,686.30 in the previous year[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥8,338,305.00, reflecting improved cash collection from customers[9] - Cash inflow from operating activities for the first three quarters of 2025 was $558.68 million, an increase of 9% compared to $512.57 million in the same period of 2024[23] - Net cash flow from operating activities turned positive at $8.34 million in 2025, compared to a negative $79.91 million in 2024[23] - Cash inflow from investment activities totaled $812.88 million in 2025, up from $652.01 million in 2024, marking a 24.6% increase[24] - Net cash flow from investment activities improved to -$10.04 million in 2025, compared to -$230.42 million in 2024[24] - Cash inflow from financing activities decreased to $29.32 million in 2025 from $67.02 million in 2024, a decline of 56.3%[24] - Net cash flow from financing activities was -$39.75 million in 2025, contrasting with a positive $16.20 million in 2024[24] - The ending cash and cash equivalents balance for 2025 was $190.94 million, down from $236.89 million in 2024[24] - Cash received from the recovery of investments was $809.50 million in 2025, compared to $649.00 million in 2024, reflecting a 24.7% increase[24] - Total cash outflow for investment activities was $822.92 million in 2025, a decrease from $882.43 million in 2024[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,754[11] - The largest shareholder, Zhao Yuxing, holds 22.68% of shares, totaling 23,445,000 shares[12] Other Financial Metrics - The basic and diluted earnings per share for the quarter were both -¥0.01, with a year-to-date figure of -¥0.16[4] - The weighted average return on net assets was -0.11%, an increase of 0.81 percentage points compared to the same period last year, indicating a narrowing of losses[4] - Non-operating income for the period amounted to ¥5,154,251.22, with government subsidies contributing significantly to this figure[7] - Total operating revenue for the first three quarters of 2025 reached ¥451,394,584.04, an increase of 8.5% compared to ¥416,212,299.43 in the same period of 2024[19] - Total operating costs for the first three quarters of 2025 were ¥475,096,210.26, up from ¥442,175,902.83 in 2024, reflecting a rise of 7.4%[19] - The company reported a financial income of ¥2,454,737.78 for the first three quarters of 2025, down from ¥6,371,914.02 in the same period of 2024[19]

浙江大胜达包装股份有限公司 2025 年第三季度报告 证券代码：603687 证券简称：大胜达 浙江大胜达包装股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 年同期增减变 | 年初至报告期末 | 比上年同期增减 | | | | 动幅度(%) | | 变动幅度(%) | | 营业收入 | 561,992,516.68 | 5.85 | 1,587,302,761.9 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥608,843,952.69, representing a year-on-year increase of 21.42%[4] - The total profit for the period was ¥98,303,105.16, reflecting a growth of 24.35% compared to the same period last year[4] - The net profit attributable to shareholders was ¥85,348,767.25, which is an increase of 28.58% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥80,954,805.57, up by 28.93% from the previous year[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,604,604,873.92, an increase of 11.8% compared to ¥1,435,307,024.26 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥184,540,169.65, a decrease of 19.2% from ¥228,401,237.25 in the same period of 2024[23] Earnings and Shareholder Information - The basic earnings per share for the period was ¥0.08, reflecting a 60.00% increase[5] - The diluted earnings per share also stood at ¥0.08, with a similar increase of 60.00%[5] - Basic earnings per share for the first three quarters of 2025 were ¥0.16, down from ¥0.19 in the same period of 2024[23] - Total number of common shareholders at the end of the reporting period is 23,809[11] - The top 10 shareholders hold a total of 1,000,000,000 shares, representing 84.54% of the total shares[11] - Hefei Qizhong Technology Holding Co., Ltd. holds 397,127,159 shares, accounting for 33.40% of total shares[11] Research and Development - Research and development expenses totaled ¥50,219,059.32, accounting for 8.25% of operating revenue, a decrease of 0.04 percentage points[5] - Research and development expenses increased to ¥142,529,783.14 in 2025, compared to ¥109,761,777.71 in 2024, marking a rise of 29.8%[22] Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥7,290,769,173.61, an increase of 4.29% from the end of the previous year[5] - The company's total assets as of the end of the reporting period were ¥7,290,769,173.61, up from ¥6,991,013,658.68 at the end of the previous year, indicating a growth of 4.3%[19] - Total liabilities increased to ¥1,276,313,424.96, compared to ¥987,721,636.48 in the previous year, representing a significant increase of 29.2%[19] - The company's equity attributable to shareholders reached ¥6,014,455,748.65, slightly up from ¥6,003,292,022.20, showing a marginal increase of 0.02%[19] Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥380,382,395.09, showing a decrease of 20.55% compared to the previous year[4] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately $1.87 billion, an increase from $1.77 billion in the same period of 2024, representing a growth of about 6.2%[25] - Net cash flow from operating activities decreased to approximately $380.38 million in 2025 from $478.74 million in 2024, a decline of about 20.5%[25] - Total cash inflow from investment activities significantly increased to approximately $6.16 billion in 2025, compared to $3.44 billion in 2024, marking an increase of about 79.5%[26] - Net cash flow from investment activities showed a loss of approximately $408.85 million in 2025, an improvement from a loss of $1.16 billion in 2024[26] - Cash inflow from financing activities increased to approximately $387.22 million in 2025, compared to $139.68 million in 2024, representing a growth of about 177.5%[26] - Net cash flow from financing activities improved to approximately $44.86 million in 2025, compared to a net outflow of $323.03 million in 2024[26] - The cash and cash equivalents at the end of the period for 2025 stood at approximately $990.62 million, a decrease from $1.15 billion in 2024[26] - The company received approximately $6.15 billion from investment recoveries in 2025, a significant increase from $3.43 billion in 2024, indicating strong investment performance[25] - Cash paid for the purchase of fixed assets and other long-term assets was approximately $509.22 million in 2025, down from $895.53 million in 2024, reflecting a reduction in capital expenditures[26] Share Repurchase - The company has repurchased a total of 8,714,483 shares, which is 0.73% of the total share capital of 1,189,037,288 shares[14] - The highest repurchase price was RMB 11.86 per share, and the lowest was RMB 11.10 per share, with a total expenditure of RMB 100,398,688.97[15] - The company plans to use repurchased shares for employee stock ownership plans or equity incentives in the future[13] Accounting Standards - The company will not apply new accounting standards or interpretations starting from 2025, maintaining consistency in financial reporting[27]

Financial Performance - The company's operating revenue for Q3 2025 was ¥345,664,992.29, representing a year-on-year increase of 32.55%[4] - The total profit for Q3 2025 was a loss of ¥1,785,561.06, while the net profit attributable to shareholders was a loss of ¥3,732,443.30[4] - Year-to-date revenue as of Q3 2025 was ¥1,176,682,888.68, showing a decline of 4.09% compared to the same period last year[4] - The company experienced a decrease in net profit attributable to shareholders for the year-to-date period, primarily due to a decline in overall operating revenue and increased asset impairment losses[9] - Net profit for the first three quarters of 2025 was a loss of CNY 37,479,740.52, compared to a loss of CNY 29,116,284.23 in 2024, representing a 28.7% increase in losses[19] - Earnings per share for the first three quarters of 2025 was CNY -0.09, compared to CNY -0.07 in the same period of 2024[20] - The company reported a total comprehensive loss of CNY 38,121,312.60 for the first three quarters of 2025, compared to a loss of CNY 30,502,059.20 in 2024[20] Cash Flow - The net cash flow from operating activities for the year-to-date period was a negative ¥12,179,913.08, reflecting a decrease of 103.10%[5] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 1,495,270,455.61, a decrease of 22.5% from CNY 1,928,225,260.17 in 2024[22] - Cash received from sales of goods and services was CNY 1,324,693,130.29, down from CNY 1,429,344,168.04 in the previous year[22] - The net cash flow from operating activities was -$12.18 million, a significant decrease compared to $393.16 million in the previous period[23] - The company reported a total cash outflow from operating activities of $1.51 billion, slightly lower than $1.54 billion in the previous period[23] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥2,594,850,868.54, down 5.61% from the end of the previous year[5] - The equity attributable to shareholders at the end of Q3 2025 was ¥2,447,228,432.65, a decrease of 1.49% from the previous year[5] - As of September 30, 2025, the company's total assets amounted to CNY 2,594,850,868.54, a decrease from CNY 2,748,938,027.69 as of December 31, 2024[14] - The company's cash and cash equivalents decreased to CNY 649,081,257.74 from CNY 833,765,764.39 year-over-year[14] - The total current liabilities decreased significantly to CNY 151,409,506.24 from CNY 261,185,420.31 in the previous year[16] - The company's inventory decreased to CNY 352,367,990.61 from CNY 435,666,051.57 year-over-year[15] - The company's long-term equity investments decreased to CNY 6,796,287.94 from CNY 8,979,311.89 year-over-year[15] - The company's total non-current liabilities decreased to CNY 4,410,593.60 from CNY 10,600,526.09 year-over-year[16] - The company's accounts receivable decreased to CNY 41,703,459.69 from CNY 51,312,892.08 year-over-year[14] - The company reported a significant increase in other receivables, totaling CNY 152,275,088.44 compared to CNY 164,834,832.97 in the previous year[15] Strategic Developments - The company's self-owned brand and general agency business grew rapidly, accounting for nearly 15% of total revenue in the first three quarters of 2025[13] - The company entered into a strategic partnership with ENDOCARE, becoming the brand's general agent in mainland China, responsible for brand promotion and market operations[13] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 16,574,954.98, slightly down from CNY 17,715,212.00 in 2024[18] Other Income - The company reported non-recurring gains of ¥19,605,893.77 for the current period, with government subsidies contributing ¥23,677,467.71[7] - Other income for the first three quarters of 2025 was CNY 24,620,305.36, an increase from CNY 19,342,129.12 in 2024[18]

悦康药业集团股份有限公司2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 1 / 15 证券代码：688658 证券简称：悦康药业 悦康药业集团股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 单位：元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 591,724,095.10 -43.20 1,759,106,131.97 -41.20 利润总额 -57,556,783.12 -152.45 -164,811,303.27 -166.38 归属于上 ...