Financial Performance - The company's revenue for Q3 2025 reached ¥796,436,734.54, representing a year-on-year increase of 26.15% and a year-to-date increase of 46.04%[3] - Total profit for the quarter was ¥82,917,435.57, up 75.81% year-on-year, while year-to-date profit increased by 128.99% to ¥264,371,253.08[3] - Net profit attributable to shareholders for Q3 was ¥76,016,224.12, reflecting an 85.41% increase compared to the same period last year, and a year-to-date increase of 119.89%[3] - The basic earnings per share for the quarter was ¥0.37, a 42.31% increase year-on-year, with year-to-date earnings per share at ¥1.14, up 70.15%[3] - Total operating revenue for the first three quarters of 2025 reached ¥2,321,243,110.96, a significant increase of 46.0% compared to ¥1,589,446,323.13 in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥265,796,360.86, up 130.0% from ¥115,563,653.59 in the first three quarters of 2024[18] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥232,998,297.12, representing a 120.0% increase from ¥105,962,961.63 in the same period of 2024[19] - The company reported a total comprehensive income of ¥239,449,747.78 for the first three quarters of 2025, compared to ¥95,145,489.45 in the same period of 2024, indicating a substantial increase[19] - Basic earnings per share for the first three quarters of 2025 were ¥1.14, up from ¥0.67 in the same period of 2024, reflecting a growth of 70.1%[19] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of ¥17,312,907.30 year-to-date, which is a significant decrease of 89.62% compared to the previous year[3] - The company’s cash flow statement for the first three quarters of 2025 indicates a strong liquidity position, although specific cash flow figures were not provided in the available data[21] - In the first three quarters of 2025, the cash inflow from operating activities reached ¥1,910,043,611.18, a 30% increase from ¥1,469,031,185.20 in the same period of 2024[22] - The net cash flow from operating activities was ¥17,312,907.30, a significant decrease of 89.6% compared to ¥166,750,269.57 in the previous year[22] - Cash inflow from investment activities totaled ¥1,198,233,754.48, up from ¥230,757,803.40 in the first three quarters of 2024[23] - The net cash flow from investment activities was -¥405,892,380.11, an improvement from -¥587,789,791.74 in the same period last year[23] - Cash inflow from financing activities amounted to ¥963,051,284.48, compared to ¥641,468,088.68 in the first three quarters of 2024, marking a 50% increase[23] - The net cash flow from financing activities was ¥287,760,391.07, up from ¥166,138,526.91 in the previous year[23] - The ending balance of cash and cash equivalents was ¥860,580,654.51, an increase from ¥656,835,327.55 at the end of the same period last year[23] - The company received ¥8,782,166.99 from investment contributions, which is a 149% increase from ¥3,527,622.21 in the previous year[23] - The total cash outflow from investment activities was ¥1,604,126,134.59, compared to ¥818,547,595.14 in the same period of 2024[23] - The company reported a cash outflow of ¥501,987,997.33 for debt repayment, which increased from ¥317,354,557.70 in the previous year[23] Assets and Liabilities - The company has seen a 9.03% increase in total assets year-on-year, reaching ¥4,711,437,358.76, and a 9.44% increase in equity attributable to shareholders[4] - Total assets as of September 30, 2025, amounted to RMB 4,711,437,358.76, an increase from RMB 4,321,263,951.75 as of December 31, 2024[13] - Current assets totaled RMB 3,227,715,194.43, up from RMB 3,013,865,135.28 in the previous period, reflecting a growth of approximately 7.1%[13] - Cash and cash equivalents decreased to RMB 900,784,368.38 from RMB 1,015,471,964.72, indicating a decline of about 11.3%[13] - Accounts receivable increased to RMB 925,902,993.50 from RMB 895,747,358.89, showing a rise of approximately 3.1%[13] - Inventory decreased to RMB 544,291,032.51 from RMB 607,192,981.77, representing a decline of about 10.4%[13] - Total liabilities as of September 30, 2025, were RMB 2,827,715,194.43, compared to RMB 2,713,865,135.28 previously, reflecting an increase of approximately 4.1%[14] - Short-term borrowings increased to RMB 498,343,245.51 from RMB 466,230,744.41, indicating a rise of about 6.0%[14] - Accounts payable decreased to RMB 821,982,019.48 from RMB 973,479,420.15, showing a decline of approximately 15.6%[14] - The total liabilities increased to ¥2,376,125,435.28 in 2025 from ¥2,189,517,280.62 in 2024, reflecting a growth of 8.5%[18] - The total equity attributable to shareholders of the parent company rose to ¥2,293,235,904.32 in 2025, compared to ¥2,095,392,838.27 in 2024, marking an increase of 9.5%[18] Research and Development - Research and development expenses accounted for a significant portion of the company's revenue, indicating a strong focus on innovation and product development[4] - Research and development expenses for the first three quarters of 2025 were ¥105,196,932.27, slightly down from ¥111,278,053.79 in the same period of 2024[18] Market Expansion and Strategy - The company is expanding its overseas operations, particularly in Mexico and the United States, which has contributed to increased production capacity and operational efficiency[8] - The increase in profit margins is attributed to steady growth in various business segments, technological innovations, and improved operational efficiency[9] - The company is actively pursuing new market opportunities and product innovations, which are expected to drive future growth[8] - The company has no significant changes in major shareholders or their holdings during the reporting period[12]

Financial Performance - The company's operating revenue for the third quarter reached ¥86,170,827.01, representing a year-on-year increase of 47.41%[5] - The total profit for the period was a loss of ¥91,109,604.17, with a net profit attributable to shareholders of ¥-86,732,800.64[5] - Total revenue for the first three quarters of 2025 reached ¥216,408,302.14, a significant increase of 55.7% compared to ¥138,951,629.03 in the same period of 2024[21] - Net loss for the first three quarters of 2025 was ¥261,050,841.03, slightly improved from a net loss of ¥271,342,070.94 in the same period of 2024[22] - Basic earnings per share for the first three quarters of 2025 were -¥0.44, compared to -¥0.48 in the previous year[23] Research and Development - Research and development (R&D) expenses amounted to ¥53,359,320.94, which is a decrease of 17.96% compared to the previous year[6] - R&D expenses accounted for 61.92% of operating revenue in the current period, down by 49.34 percentage points year-on-year[6] - Research and development expenses were ¥169,848,302.99, a decrease of 22.4% from ¥219,040,308.86 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,148,699,982.48, a decrease of 3.34% from the previous year[6] - The net assets attributable to shareholders decreased by 11.42% to ¥1,744,502,159.34 compared to the end of the previous year[6] - Total assets decreased to ¥2,148,699,982.48 from ¥2,222,991,903.79, reflecting a decline of 3.3%[19] - Total liabilities increased to ¥412,493,308.25, up from ¥252,618,105.29, marking a rise of 63.4%[19] - The company's equity attributable to shareholders decreased to ¥1,744,502,159.34 from ¥1,969,405,336.09, a decline of 11.4%[19] Cash Flow - The company reported a net cash flow from operating activities of ¥-301,798,901.12 for the year-to-date period[5] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately $216.36 million, a significant increase from $128.58 million in the same period of 2024, representing a growth of about 68.2%[25] - The net cash flow from operating activities was negative at approximately -$301.80 million for 2025, compared to -$325.16 million in 2024, showing an improvement of about 7.1%[26] - The total cash outflow from operating activities was approximately $518.16 million in 2025, compared to $453.74 million in 2024, marking an increase of about 14.2%[26] Investments - Cash inflow from investment activities totaled approximately $4.56 billion in 2025, compared to $3.40 billion in 2024, indicating an increase of about 34.1%[26] - The net cash flow from investment activities was negative at approximately -$60.29 million in 2025, contrasting with a positive $443.76 million in 2024, reflecting a significant decline[26] - The company received approximately $8.07 million from investment in subsidiaries in 2025, while no such income was recorded in 2024[26] - The company reported a cash inflow from the recovery of investments of approximately $4.56 billion in 2025, compared to $3.40 billion in 2024, indicating a strong performance in investment recovery[26] Shareholder Information - The company has a total of 8,667,675 shares in its repurchase account, accounting for 1.52% of total shares[14] - The top shareholder, Pan-Scientific Holdings Co., Ltd., holds 31,858,481 shares, representing a significant portion of the company's equity[14] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[15] Financial Statements - The financial statements for the quarter are unaudited, indicating that the figures are subject to final review and adjustments[17]

Financial Performance - The company's revenue for the third quarter was ¥95,964,238.07, representing a year-on-year increase of 3.11%[4] - The total profit for the period was -¥1,270,319.61, with a net profit attributable to shareholders of -¥2,825,421.55, indicating a significant loss[4] - The net profit attributable to shareholders for the year-to-date period was -¥26,683,288.76, a decrease in loss of ¥2,668,330 compared to the previous year[10] - The net profit for the first three quarters of 2025 was a loss of ¥23,610,637.06, an improvement from a loss of ¥35,211,093.34 in the same period of 2024[22] - The company's basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.32, compared to -¥0.49 and -¥0.50 in 2024 respectively[22] Research and Development - Research and development expenses totaled ¥14,781,302.37, a decrease of 28.52% compared to the same period last year, accounting for 15.40% of revenue[5] - The company plans to continue focusing on R&D and expanding its market presence, particularly in the copper foil and film resistor segments[10] - Research and development expenses for the first three quarters of 2025 were ¥44,698,368.58, down from ¥53,935,159.86 in 2024, showing a decrease of 17.1%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,810,845,618.16, reflecting a slight increase of 0.60% from the previous year[5] - Total current assets as of September 30, 2025, amount to ¥915,586,703.23, an increase from ¥830,054,240.15 as of December 31, 2024[16] - The company's total liabilities as of the end of the reporting period were ¥407,623,478.49, slightly up from ¥404,219,688.79 in the previous year[18] - The total equity attributable to shareholders increased to ¥1,382,944,956.70 from ¥1,374,196,062.02, reflecting a growth of 0.6%[18] - The company's total non-current liabilities decreased to ¥82,211,844.74 from ¥87,642,815.79, indicating a reduction of 6.1%[18] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥25,904,324.24, indicating positive cash flow due to reduced cash procurement expenditures[10] - Cash inflow from operating activities totaled ¥282,199,452.55 in the first three quarters of 2025, compared to ¥277,586,086.03 in 2024, indicating a slight increase[25] - The net cash flow from operating activities was $25,904,324.24, a significant improvement compared to a net outflow of $5,028,092.11 in the previous period, indicating a positive operational performance[26] - Total cash outflow from operating activities was $256,295,128.31, slightly lower than $282,614,178.14 in the previous period, indicating better cost control[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,204[12] - The largest shareholder, Hu Yunlian, holds 14,555,802 shares, representing 17.89% of total shares[12] - The company has no reported changes in major shareholders participating in margin trading or securities lending[13] Operational Highlights - The company reported a significant increase in sales volume of RTF products, up 1,030% year-on-year, contributing to improved gross margins[10] - Government subsidies and other business profits increased, with some projects receiving approval in the third quarter, leading to recognized income and profits[10] - There are no significant reminders for investors regarding the company's operational status during the reporting period[14] Cash Management - Cash and cash equivalents are reported at ¥184,372,843.79, up from ¥68,448,109.56 in the previous period[15] - Accounts receivable increased to ¥147,367,723.45 from ¥137,960,676.02[15] - Inventory decreased to ¥66,021,010.49 from ¥85,368,282.18[16] - Short-term borrowings increased to ¥249,346,842.36 from ¥210,154,322.86[16] - The ending balance of cash and cash equivalents was $184,372,843.79, up from $118,713,064.54, showing improved liquidity position[28] - The company paid $66,728,778.22 to employees, an increase from $58,947,402.80, reflecting a rise in workforce compensation[26] - The company received $46,849,733.28 from investment absorption, significantly higher than $3,205,609.44 in the previous period, indicating increased investor confidence[28] - The company experienced a negative impact of -$84,485.58 from exchange rate fluctuations on cash and cash equivalents, which is an improvement from -$305,711.91 previously[28]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 424,470,623.44, representing a year-on-year increase of 2.67%[4] - The total profit for the period reached CNY 9,941,768.63, a significant increase of 273.79% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 5,978,861.00, up 162.48% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 5,536,316.03, an increase of 190.64%[4] - The total revenue for the company was CNY 1,183,897,627.30, representing an 11.43% decrease year-over-year, with an overall gross margin of 24.22%[12] - Total operating revenue for the first three quarters of 2025 was ¥1,186,902,173.45, a decrease of 11.43% compared to ¥1,340,673,177.46 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥30,474,636.07, slightly up from ¥29,947,526.30 in 2024, representing an increase of 1.76%[20] - The company achieved a gross profit of ¥19,928,305.84 in the first three quarters of 2025, compared to a gross profit of ¥294,629,217.40 in 2024, indicating a significant decline[19] - The total comprehensive income for the first three quarters of 2025 was ¥10,245,764.13, a decrease from ¥24,167,937.53 in 2024[20] Assets and Liabilities - The company's total assets increased by 7.12% to CNY 3,738,301,973.19 compared to the end of the previous year[5] - As of September 30, 2025, the company's total assets amounted to CNY 3,738,301,973.19, an increase from CNY 3,489,768,020.93 at the end of 2024[14] - The company's current assets totaled CNY 2,198,942,152.62, up from CNY 1,906,060,559.97 at the end of 2024[14] - The total liabilities increased to CNY 2,088,811,617.38 from CNY 1,863,525,871.55 in the previous year[16] - The company's cash and cash equivalents rose to CNY 343,860,135.43, compared to CNY 180,039,805.83 at the end of 2024[14] - Cash and cash equivalents at the end of the first three quarters of 2025 totaled ¥318,713,235.45, compared to ¥329,443,242.18 at the end of the same period in 2024[25] Shareholder Information - The top shareholder, Zhengzhou Tai Rong Industrial Investment Co., Ltd., holds 14.37% of the shares, with 41,220,584 shares pledged[9] - The company has a total of 40,442 common shareholders as of the end of the reporting period[9] Business Segments - The main business segment, pharmaceutical preparations, faced a decline in sales revenue due to incomplete coverage of national traditional Chinese medicine procurement and price reductions[11] - The total revenue for the pharmaceutical preparation segment was CNY 226,792,579.87, a decrease of 37.73% compared to the previous year, with a gross margin of 42.39%[12] - The revenue from traditional Chinese medicine pieces was CNY 611,281,775.45, down 8.75% year-over-year, with a gross margin of 17.22%[12] - The pharmaceutical R&D services generated revenue of CNY 164,566,927.79, reflecting a decline of 25.43% from the previous year, with a gross margin of 34.87%[12] - The pharmaceutical materials circulation segment saw a significant revenue increase of 121.13% to CNY 181,256,344.19, with a gross margin of 15.38%[12] Cash Flow and Financing - The company reported a net cash flow from operating activities of CNY -88,989,041.18, reflecting a decrease of 7.99% year-on-year[4] - The company reported a net cash flow from operating activities of -¥88,989,041.18 for the first three quarters of 2025, an improvement from -¥96,714,807.67 in 2024[24] - The company issued a short-term financing bond totaling CNY 400 million at an annual interest rate of 2.80% on September 25, 2025[13] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥38,101,656.16, a decrease of 50.7% from ¥77,116,859.71 in 2024[19] Earnings Per Share - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.0458, down from ¥0.0519 in 2024[20] Investment Income - The company reported an investment income loss of ¥265,270.00 in the first three quarters of 2025, compared to a gain of ¥1,051,330.44 in 2024[19]

北京同益中新材料科技股份有限公司2025 年第三季度报告 证券代码：688722 证券简称：同益中 北京同益中新材料科技股份有限公司 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： 公司董事会及董事、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 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 235,859,374.68 | 36.20 | 7 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥940,135,749.83, representing a year-on-year increase of 9.96%[3] - The total profit for the quarter was ¥19,890,612.81, reflecting a growth of 14.02% compared to the same period last year[3] - The net profit attributable to shareholders was ¥16,130,113.00, which is an increase of 22.39% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥7,704,572.65, showing a significant increase of 108.92% compared to the previous year[3] - The basic earnings per share for the quarter was ¥0.04, up 33.33% from the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 3,331,120,844.67, an increase of 9.4% compared to CNY 3,044,072,489.89 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 67,355,257.02, compared to CNY 60,210,704.52 in 2024, representing an increase of 11.3%[19] - Earnings per share for the first three quarters of 2025 were CNY 0.16, up from CNY 0.14 in the same period of 2024[20] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was -¥17,666,680.03, indicating a decrease of 90.62% compared to the previous year[3] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 2,388,212,719.53, compared to CNY 2,255,780,460.43 in 2024, indicating a growth of 5.9%[22] - The ending balance of cash and cash equivalents was $590,095,498.76, compared to $529,627,500.05 in the previous period[24] - Total cash outflow from operating activities was $2,405,879,399.56, slightly down from $2,444,047,040.21[23] - Cash paid for employee benefits was $282,013,336.34, compared to $275,144,140.45 in the previous period[23] - Cash paid for taxes was $93,893,861.09, significantly higher than $24,286,802.39 in the previous period[23] - Cash received from investment income was $39,218,455.59, up from $25,849,150.36 in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 43,023[9] - The largest shareholder, Anhui Quanchai Group Co., Ltd., holds 82,483,676 shares, accounting for 18.94% of total shares[9] Assets and Liabilities - The company's total liabilities as of the end of the reporting period amounted to CNY 2,913,256,076.29, an increase from CNY 2,844,082,548.85 in the previous year[15] - Total equity attributable to shareholders increased to CNY 3,254,076,271.43 from CNY 3,211,385,083.55, reflecting a growth of 1.3%[15] - The company's total current assets as of September 30, 2025, amount to ¥4,965,019,800.17, an increase from ¥4,647,335,492.30 as of December 31, 2024[12] - Total assets increased to ¥6,198,966,902.19 from ¥6,089,442,774.30[13] Operational Insights - The company reported a significant increase in accounts receivable by 100.91%, primarily due to industry characteristics affecting cash collection[7] - The company experienced a 113.95% increase in prepayments, mainly due to an increase in material payments at the end of the period[7] - There are no other important reminders regarding the company's operational situation during the reporting period[11] - The company aims to expand its market presence and enhance product offerings in the upcoming quarters[16] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 116,492,967.48, slightly up from CNY 115,205,660.32 in 2024[18]

中信重工机械股份有限公司 2025 年第三季度报告 证券代码：601608 证券简称：中信重工 第三季度财务报表是否经审计 □是 √否 审计师发表非标意见的事项 □适用 √不适用 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 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 1,924,189,533.96 | -3.16 | 5,905,517,183.65 | 0.49 | | 利润总额 | 83,906,152.12 | -9.92 | 291,229,877.82 | 1.21 | | 归属于上市公司股东的净 利润 | 81,711,175.64 | -12.28 | 284,954,624.96 | 0.27 | | 归属于上市公司股东的扣 除非经常性损益的净利润 | 68,184,614.23 | 5.55 | 259, ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥1,814,684,352.80, representing an increase of 8.34% compared to the same period last year[4] - The total profit for the quarter was ¥159,746,715.66, reflecting a growth of 23.51% year-over-year[4] - Net profit attributable to shareholders was ¥150,442,969.93, up by 22.85% compared to the previous year[4] - The basic earnings per share for the quarter was ¥0.59, an increase of 22.92% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 was approximately ¥5.03 billion, a decrease of 2.28% compared to ¥5.15 billion in the same period of 2024[17] - Net profit for the first three quarters of 2025 reached approximately ¥395.35 million, an increase of 9.79% compared to ¥360.10 million in the same period of 2024[18] - Earnings per share for the first three quarters of 2025 were ¥1.54, compared to ¥1.41 in the same period of 2024, reflecting a growth of 9.2%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥9,506,464,633.38, showing a growth of 7.72% from the end of the previous year[5] - Shareholders' equity attributable to the parent company increased to ¥3,140,350,589.43, up by 6.83% compared to the previous year-end[5] - Total liabilities increased to approximately ¥6.33 billion in 2025 from ¥5.85 billion in 2024, representing an increase of 8.27%[17] - Total equity attributable to shareholders reached approximately ¥3.14 billion in 2025, up from ¥2.94 billion in 2024, marking an increase of 6.79%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥536,332,496.48, a significant increase of 513.01%[9] - The company reported a significant increase in long-term equity investments to ¥19,287,488.02 from ¥1,902,939.22, indicating a growth of approximately 911.5%[14] - Cash inflow from operating activities for the first three quarters of 2025 was $4,968,590,424.28, a decrease of 3.77% compared to $5,163,702,674.24 in the same period of 2024[20] - Net cash outflow from investing activities was -$861,460,853.64 in the first three quarters of 2025, compared to -$622,874,438.01 in the same period of 2024, indicating increased investment expenditures[21] - Net cash flow from financing activities showed a decline to -$24,719,585.77 in 2025 from a positive $258,045,206.84 in 2024, reflecting reduced financing activities[21] - The net cash and cash equivalents at the end of Q3 2025 stood at $731,945,985.33, up from $660,720,699.08 at the end of Q3 2024[21] Operational Efficiency - The net profit after deducting non-recurring gains and losses was ¥99,600,826.26, which decreased by 10.06% year-over-year[4] - The company reported a decrease in cash payments for goods settled in cash, contributing to the significant increase in net cash flow from operating activities[9] - Cash paid for purchasing goods and services decreased to $2,920,246,801.87 in 2025 from $3,396,779,777.70 in 2024, showing improved cost management[20] - Cash paid to employees decreased to $797,960,376.53 in 2025 from $859,068,112.24 in 2024, reflecting potential workforce adjustments[20] - The company reported a net cash flow from operating activities of $536,332,496.48 in 2025, a significant increase from $87,491,135.42 in 2024, indicating improved operational efficiency[20] Investment and Other Income - Non-recurring gains for the quarter totaled ¥50,842,143.67, with a year-to-date total of ¥78,288,465.46[8] - The company achieved an investment income of approximately ¥19.38 million in 2025, significantly higher than ¥8.64 million in 2024[17] - Other comprehensive income after tax for the first three quarters of 2025 was approximately ¥28.52 million, compared to -¥7.34 million in the same period of 2024[18]

上海友升铝业股份有限公司 2025 年第三季度报告 证券代码：603418 证券简称：友升股份 上海友升铝业股份有限公司 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： 1 / 13 上海友升铝业股份有限公司 2025 年第三季度报告 | 经营活动产生的现金流 | 不适用 | 不适用 | 183,448,106.76 | | -191.97 | | --- | --- | --- | --- | --- | --- | | 量净额 | | | | | | | 基本每股收益（元/股） | 0.95 | 22.34 | 2.48 | | 38.08 | | 稀释每股收益（元/股） | 0.95 | 22.34 | 2.48 | | 38.08 | | 加权平均净资产收益率 | | 减少0.35个 | | 增加 1.31 | 个百 | | （%） | 6.08 | 百分点 | 16.78 | | 分点 | | | | | | 本报告期末比 | | | | 本报告期末 | | 上年度末 | 上 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 1,109,867,672.94, representing a year-on-year increase of 0.12%[4] - The total profit for the quarter was CNY 59,660,739.76, an increase of 18.14% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 40,717,714.33, reflecting a year-on-year increase of 12.26%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 39,752,603.78, up by 9.47% year-on-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 2,935,793,543.50, a decrease of 5.2% compared to CNY 3,095,521,387.41 in the same period of 2024[26] - Total operating costs for the first three quarters of 2025 were CNY 2,829,374,047.50, down 4.7% from CNY 2,967,249,940.77 in the previous year[26] - The company reported a net profit of CNY 106,484,175.75 for the first three quarters of 2025, compared to CNY 100,458,713.40 in the same period of 2024[25] - Net profit for the first three quarters of 2025 was CNY 72,838,150.77, a decrease of 33.94% compared to CNY 110,319,239.47 in the same period of 2024[28] - Operating profit for the first three quarters of 2025 was CNY 111,210,074.94, down from CNY 153,049,433.36 in 2024, reflecting a decline of 27.38%[28] - Total comprehensive income for the first three quarters of 2025 was CNY 73,085,962.41, compared to CNY 114,154,252.89 in 2024, representing a decrease of 36.14%[28] Cash Flow and Assets - The cash flow from operating activities for the year-to-date was CNY 271,862,795.38, down by 34.79% compared to the previous year[5] - The company's cash and cash equivalents as of September 30, 2025, amounted to CNY 644,105,288.53, an increase from CNY 606,487,787.38 at the end of 2024[22] - Cash flow from operating activities for the first three quarters of 2025 was CNY 271,862,795.38, a decrease of 34.69% compared to CNY 416,907,716.99 in 2024[30] - Cash flow from investing activities showed a net outflow of CNY 846,594,735.58 in 2025, compared to a net outflow of CNY 192,415,600.14 in 2024, indicating increased investment activity[30] - Cash flow from financing activities resulted in a net inflow of CNY 588,274,563.85 in 2025, contrasting with a net outflow of CNY 252,531,762.12 in 2024, highlighting improved financing conditions[30] - The total cash and cash equivalents at the end of September 2025 amounted to CNY 584,930,570.78, down from CNY 666,816,910.67 at the end of September 2024[31] - Total current assets decreased to CNY 412,698,579.27 as of September 30, 2025, down from CNY 664,881,384.32 at the end of 2024, a reduction of about 38%[34] - Total non-current assets increased to CNY 5,018,081,322.74 as of September 30, 2025, compared to CNY 4,824,715,043.31 at the end of 2024, showing a growth of approximately 4%[34] Liabilities and Equity - Total liabilities increased to CNY 4,492,275,424.11 as of September 30, 2025, from CNY 3,918,384,895.50 at the end of 2024[24] - The company's total equity decreased slightly to CNY 5,127,646,389.66 as of September 30, 2025, from CNY 5,131,351,148.59 at the end of 2024, a marginal decline of about 0.07%[35] - Total liabilities decreased to CNY 303,133,512.35 as of September 30, 2025, down from CNY 358,245,279.04 at the end of 2024, a decline of about 15.4%[35] Investments and Projects - The company reported a significant increase in construction projects, with "large thermal power" project investments rising by 429.27%[9] - The company experienced a 51.66% increase in short-term borrowings due to increased bank loans during the reporting period[9] - The company received approval from the China Securities Regulatory Commission for a major asset restructuring plan, allowing it to issue shares to purchase assets and raise matching funds[14] - The company has established a joint venture with China Coal Xi'an Company, holding 49% of the venture, with an initial registered capital of RMB 5 million, which may increase to RMB 120 million based on project investment progress[16] - The company has completed the registration of its joint venture, which focuses on flue gas treatment and water management services[16] Corporate Governance and Compliance - The company has revised its articles of association and related rules in accordance with legal regulations and its actual situation, which have been disclosed on the Shanghai Stock Exchange[15] - The company has adjusted its board committees, including changes in the Audit and Risk Committee and the Strategic and Investment Committee[17] - The company held an online investor meeting to discuss its half-year performance and the progress of its major asset restructuring[15] - The company has implemented changes to its accounting policies in line with new guidelines issued by the Ministry of Finance[18] Impairments and Financial Risks - The company recognized a significant impairment provision of RMB 32.95 million for receivables from a bankrupt client, impacting the net profit attributable to shareholders by RMB 27.39 million for the first half of 2025[20] - The company reported a credit impairment loss of CNY -46,937,275.58 for the first three quarters of 2025, compared to CNY -9,011,103.87 in 2024, indicating a significant increase in credit risk[28] Employee and Operational Expenses - Research and development expenses for the first three quarters of 2025 were CNY 34,845,619.04, up from CNY 27,658,026.99 in the previous year[26] - Cash paid for employee compensation was $44.01 million, slightly down from $45.63 million[38]