Financial Performance - The company's operating revenue for the third quarter reached ¥368,235,466.39, representing a year-on-year increase of 72.38%[4] - The total profit for the quarter was ¥21,004,933.39, up 70.72% compared to the same period last year[4] - Net profit attributable to shareholders was ¥19,983,886.10, reflecting a 71.45% increase year-on-year[4] - The net profit after deducting non-recurring gains and losses surged by 269.14% to ¥18,802,367.60 for the quarter[4] - Basic and diluted earnings per share for the current period were CNY 0.58, compared to CNY 0.28 in the previous year, indicating an increase of 107.1%[24] - The net profit for the first three quarters of 2025 reached CNY 56,389,342.01, a significant increase from CNY 26,838,131.71 in the same period of 2024, representing a growth of approximately 109.5%[23] - The company reported a total comprehensive income of CNY 56,390,424.47 for the current period, compared to CNY 26,838,131.71 in the previous year, marking an increase of approximately 109.5%[23] Assets and Liabilities - The company's total assets increased by 15.17% to ¥2,549,629,944.31 compared to the end of the previous year[5] - Current assets totaled ¥1.93 billion as of September 30, 2025, an increase of 20.3% from ¥1.60 billion on December 31, 2024[18] - Non-current assets amounted to ¥621.54 million as of September 30, 2025, slightly up from ¥611.24 million on December 31, 2024[19] - Total liabilities increased to ¥1.40 billion as of September 30, 2025, compared to ¥1.07 billion on December 31, 2024, marking a rise of 30.9%[20] - Total equity attributable to shareholders reached ¥1.15 billion as of September 30, 2025, compared to ¥1.14 billion on December 31, 2024, indicating a modest increase of 0.6%[20] Cash Flow - The cash flow from operating activities showed a net decrease of 92.46%, primarily due to increased inventory payments related to expanded business operations[10] - Cash inflows from operating activities totaled CNY 707,812,937.83, up from CNY 508,891,046.27 in the previous year, reflecting a growth of about 39.1%[26] - The net cash flow from operating activities was CNY 2,130,153.80, a decrease from CNY 28,232,738.76 in the same period last year[26] - Cash outflows from investment activities amounted to CNY 1,916,260,307.23, compared to CNY 2,821,929,050.36 in the previous year, showing a reduction of approximately 32%[27] - The net cash flow from investment activities was negative at CNY -295,681,216.86, slightly improved from CNY -308,046,446.02 in the previous year[27] - The cash and cash equivalents at the end of the period stood at CNY 413,572,400.95, down from CNY 491,588,628.12 at the end of the previous year[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,709[12] - The largest shareholder, Yin Jianping, holds 26,485,120 shares, representing 27.79% of the total shares[12] - The company has a significant shareholder structure, with the top three shareholders holding a combined total of 34,131,898 shares, which is approximately 35.90% of the total shares[14] - The company has not disclosed any related party transactions among the top shareholders[14] - The report indicates no changes in the participation of major shareholders in margin financing and securities lending activities[14] Research and Development - Research and development expenses totaled ¥21,319,389.59, accounting for 5.79% of operating revenue, a decrease of 6.33 percentage points from the previous year[5] - Research and development expenses for the first three quarters of 2025 were ¥66.18 million, slightly higher than ¥63.87 million in the same period of 2024, reflecting a focus on innovation[22] Market and Orders - The company experienced a significant increase in orders due to high demand in the new energy vehicle sector, contributing to revenue growth[9] Share Repurchase - The company plans to repurchase shares with a total amount not less than RMB 30 million and not exceeding RMB 50 million, with a repurchase price cap of RMB 73.47 per share[15] - As of the end of the reporting period, the company has repurchased a total of 519,899 shares, accounting for 0.5455% of the total share capital[16] - The highest purchase price during the repurchase was RMB 67.00 per share, and the lowest was RMB 47.80 per share, with a total amount paid of RMB 29,994,410.37[16] - The company is actively managing its share repurchase program in response to market conditions and shareholder value considerations[15] Future Guidance - The company has not provided specific future performance guidance in the current report[12]

Financial Performance - Q3 2025 revenue was CNY 899,643,647.07, a decrease of 1.56% year-over-year, while year-to-date revenue reached CNY 2,400,113,956.83, down 2.72% compared to the same period last year[4] - The net profit attributable to shareholders was CNY -281,443,091.99 for Q3 2025, representing a decline of 190.37% year-over-year, with a year-to-date net profit of CNY -559,620,172.21, down 57.96%[4] - Basic and diluted earnings per share for Q3 2025 were both CNY -0.25, reflecting a decrease of 177.78% and 150.00% respectively compared to the same period last year[4] - The total operating revenue for the current period was RMB 2.4 billion, a decrease from RMB 2.47 billion in the previous period, representing a decline of approximately 2.7%[25] - The company reported an operating loss of RMB 536.8 million, compared to a loss of RMB 428.1 million in the previous period[25] - The net profit attributable to the parent company was -$559.62 million, compared to -$354.28 million in the previous period, reflecting a deterioration of 58%[26] - The total comprehensive income attributable to the parent company was -$559.59 million, compared to -$342.92 million, indicating a decline of 63%[26] - The basic and diluted earnings per share were both -$0.51, worsening from -$0.32 in the previous period[26] Cash Flow and Assets - Cash flow from operating activities showed a net inflow of CNY 81,155,739.13, an increase of 175.41% year-over-year, attributed to higher revenue from industrial waste resource utilization[8] - The company’s cash and cash equivalents were reported at RMB 896.8 million, down from RMB 1.18 billion[23] - Cash and cash equivalents at the end of the period totaled $782.77 million, up from $268.98 million, marking an increase of 191%[30] - The net cash flow from operating activities was $81.16 million, a significant improvement from -$107.63 million in the previous period[29] - The net cash flow from financing activities was $16.09 million, compared to -$169.73 million, showing a turnaround[30] - The total operating cash outflow was $2.84 billion, down from $3.06 billion, a reduction of 7%[29] Liabilities and Equity - Total assets at the end of Q3 2025 were CNY 10,756,136,687.46, down 4.63% from the end of the previous year[4] - Short-term borrowings increased by 49.19% to CNY 1,785,806,678.92, primarily due to new bank loans taken during the reporting period[6] - The company’s total liabilities included a 80.08% increase in bonds payable, reaching CNY 899,277,316.67, due to the issuance of medium-term notes[6] - The total equity attributable to shareholders decreased by 15.42% to CNY 3,044,743,596.00 compared to the end of the previous year[4] - The company’s total liabilities amounted to RMB 7.25 billion, compared to RMB 7.13 billion in the previous period, indicating an increase of approximately 1.7%[24] Legal and Environmental Issues - The company is required to pay a total of RMB 85,868,122.44 for environmental pollution investigation and related costs, along with interest of RMB 7,216,636.18, as per the court ruling[13] - The company must compensate RMB 10,577,773.11 and service fees of RMB 1,065,881.26 to 嘉园环保有限公司 following a contract dispute[15] - The company is involved in an administrative lawsuit seeking compensation from the Shaoyang Municipal Government for the unilateral termination of a waste management contract[17] - The company is currently facing litigation regarding environmental pollution claims from 江西环保股份有限公司[12] - The company has been ordered to pay additional costs related to soil pollution risk management amounting to RMB 1,057,219.89[13] - The company is currently in discussions regarding compensation for the termination of the waste management contract due to policy changes[17] Investments and Projects - The company reported a significant increase in investment income of CNY 7,647,386.69, up 547.49% due to higher returns from joint ventures[8] - The company established a joint venture, Dongjiang Automotive Resource Recycling (Hubei) Co., Ltd., to expand its automotive parts remanufacturing business[20] - The company plans to fully promote its automotive recycling project under the registered trademarks "Dongjiang Rebirth," "Dongjiang Renewal," and "Dongjiang New Green"[20] Operational Changes - The company recorded a substantial increase in operating expenses, with non-operating expenses rising by 2,894.10% to CNY 110,263,499.28, mainly due to provisions for litigation losses[8] - The company has completed the transfer of assets and operations related to the waste management project to the Shaoyang Municipal Government as part of the contract termination process[17] - The company has provided a guarantee of up to RMB 160 million for its subsidiary 唐山万德斯 to secure a bank credit line[18] - The company has not disclosed any significant changes in the shareholding structure among the top 10 shareholders[11] - The company has not participated in any margin financing activities as indicated in the report[11]

Financial Performance - The company's operating revenue for Q3 2025 was ¥3,107,668,549.87, a decrease of 9.56% compared to the same period last year[3] - Total profit for the quarter was ¥378,801,775.05, down 50.10% year-over-year[3] - Net profit attributable to shareholders was ¥298,100,911.93, reflecting a decline of 55.22% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥143,825,308.45, a significant drop of 78.54% year-over-year[3] - The basic earnings per share for the quarter was ¥0.21, down 55.03% from the same period last year[3] - Net profit for the first three quarters of 2025 was CNY 1,506,796,242.67, a decrease of 17.3% from CNY 1,822,779,409.65 in 2024[20] - Earnings per share (EPS) for the first three quarters of 2025 was CNY 1.08, down from CNY 1.29 in the same period of 2024[22] - The company reported a total comprehensive income of ¥431,586,311.37 for the first three quarters of 2025, down from ¥539,637,737.89 in the same period of 2024[30] Cash Flow - The net cash flow from operating activities was ¥517,267,564.70, a decrease of 32.73% compared to the previous year[3] - In the first three quarters of 2025, the net cash flow from operating activities was ¥458,011,287.76, a decrease of 55.5% compared to ¥1,029,211,957.25 in the same period of 2024[24] - Total cash inflow from operating activities for the first three quarters of 2025 was ¥10,404,489,143.43, up 6.3% from ¥9,788,478,776.79 in 2024[24] - The cash outflow from operating activities increased to ¥9,946,477,855.67 in 2025, compared to ¥8,759,266,819.54 in 2024, reflecting a rise of 13.5%[24] - The company experienced a net cash outflow from financing activities of ¥1,721,170,096.41 in the first three quarters of 2025, compared to a net outflow of ¥2,710,951,807.47 in the same period of 2024[33] Assets and Liabilities - Total assets at the end of the quarter were ¥24,156,894,322.04, a decrease of 1.31% from the end of the previous year[4] - The total assets as of September 30, 2025, reached ¥14,321,788,079.64, an increase of 10.1% from ¥12,932,806,743.68 at the end of 2024[26] - The company's total liabilities increased to ¥6,536,169,593.84 in 2025, compared to ¥4,390,923,329.33 in 2024, marking a rise of 48.9%[27] - The total liabilities decreased from CNY 12,202,548,432.10 in the previous year to CNY 11,490,388,612.32, a reduction of approximately 5.8%[16] - The total equity decreased to ¥6,785,618,485.80 in 2025 from ¥6,541,883,000.00 in 2024, indicating a decline of 3.7%[27] - The total equity increased from CNY 12,273,938,154.83 to CNY 12,666,505,709.71, reflecting a growth of about 3.2%[16] Orders and Production - Total orders on hand reached RMB 17.914 billion, a year-on-year increase of 14.69%[13] - Overseas distribution orders on hand amounted to RMB 2.169 billion, growing by 125.45% year-on-year[13] - The company plans to establish a new production base in Kenya by July 2025 to support business expansion in Africa[13] Research and Development - Research and development expenses for the first three quarters were CNY 421,981,091.96, slightly up from CNY 413,019,007.29 in the previous year[19] - Research and development expenses for the first three quarters of 2025 were ¥96,734,878.23, a decrease of 4.9% compared to ¥101,240,517.46 in the first three quarters of 2024[29] Other Financial Metrics - The weighted average return on equity was 2.45%, a decrease of 12.47% from the end of the previous year[4] - Non-recurring gains and losses for the quarter totaled ¥154,275,603.48, down from ¥248,293,933.48 in the previous year[6] - Financial expenses showed a significant improvement, with a net income of CNY -108,671,097.00 compared to CNY 77,987,744.96 in the previous year[19] - The company reported an investment income of CNY 178,574,515.32, which is a slight increase from CNY 177,637,485.16 in the same period last year[20] - Other comprehensive income after tax for the first three quarters of 2025 was -¥57,086,153.27, compared to -¥7,714,780.00 in the same period of 2024[30]

证券代码：300340 证券简称：科恒股份 公告编号：2025-107 江门市科恒实业股份有限公司 2025 年第三季度报告 江门市科恒实业股份有限公司 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 江门市科恒实业股份有限公司 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 公司是否需追溯调整或重述以前年度会计数据 □是 ☑否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 590,236,888.30 | 2 ...

Revenue and Profitability - Revenue for Q3 2025 reached ¥352,374,010.10, an increase of 16.62% compared to the same period last year[2] - Net profit attributable to shareholders decreased by 22.72% to ¥17,246,910.68 in Q3 2025, and by 42.87% to ¥54,579,793.85 for the year-to-date[2] - Basic earnings per share for Q3 2025 were ¥0.0146, down 22.75% year-on-year[2] - Total operating revenue for the current period is RMB 976,270,444.55, a decrease of 9.07% compared to RMB 1,073,621,963.53 in the previous period[21] - Net profit for the period was ¥57,398,016.43, down from ¥100,471,124.16, representing a decline of about 43%[23] - Basic and diluted earnings per share decreased to ¥0.0462 from ¥0.0808, a drop of approximately 42.5%[23] Assets and Liabilities - Total assets as of September 30, 2025, were ¥3,396,808,707.61, a decrease of 0.91% from the end of the previous year[2] - Total assets decreased to RMB 3,396,808,707.61 from RMB 3,428,120,079.39, a decline of 0.9%[19] - Total liabilities decreased to RMB 1,970,961,247.11 from RMB 2,054,191,740.04, a reduction of 4.0%[19] - Non-current assets decreased slightly to RMB 2,234,426,391.53 from RMB 2,243,141,469.80, a decline of 0.3%[18] - The total equity attributable to the parent company increased to RMB 1,355,366,082.86 from RMB 1,300,786,289.01, a growth of 4.2%[19] Cash Flow and Financial Activities - Cash flow from operating activities for the year-to-date was ¥256,623,163.38, down 10.08% compared to the same period last year[2] - Cash flow from operating activities generated ¥256,623,163.38, compared to ¥285,386,815.04 in the previous period, a decrease of about 10%[25] - Cash and cash equivalents increased to RMB 222,890,633.82 from RMB 163,813,254.90, representing a growth of 36%[18] - Cash and cash equivalents at the end of the period increased to ¥186,178,965.82 from ¥119,922,385.96, reflecting a net increase of approximately 55.4%[26] - The net cash flow from financing activities for the year-to-date was -¥175,892,477.20, a decrease of 51.18% compared to the previous year[10] - Financing activities produced a net cash outflow of ¥175,892,477.20, an improvement from an outflow of ¥360,267,179.13 in the previous period[25] Inventory and Prepayments - Inventory decreased by 20.64% to ¥252,561,995.35, attributed to improved inventory management[6] - Inventory decreased significantly to RMB 252,561,995.35 from RMB 318,237,397.12, a reduction of 20.6%[18] - The company reported a significant increase in prepayments by 63.04% to ¥33,075,466.47, mainly due to increased operational prepayments[6] Financial Performance Metrics - Financial expenses decreased by 21.95% to ¥33,783,971.27 for the year-to-date, primarily due to reduced interest expenses from loan scale compression[8] - The weighted average return on equity for Q3 2025 was 1.28%, an increase of 0.47% from the previous year[2] - Tax expenses decreased to ¥5,879,952.99 from ¥13,939,611.92, a reduction of approximately 57.8%[22] - Other income increased to ¥2,180,154.49 from ¥582,194.48, marking a significant rise of about 274%[22] - The company reported a credit impairment loss of ¥-13,968,652.22, worsening from ¥-913,335.01 in the previous period[22]

Financial Performance - The company's operating revenue for Q3 2025 was ¥2,121,198,322.24, a decrease of 1.60% compared to the same period last year[5]. - The total profit for the period was ¥481,704,034.93, reflecting a decline of 5.10% year-over-year[5]. - Net profit attributable to shareholders was ¥357,555,161.58, down 2.21% from the previous year[5]. - The basic earnings per share for the quarter was ¥0.3202, a decrease of 2.21% compared to the same period last year[5]. - In Q1-Q3 2025, the company achieved total revenue of CNY 578,212.73 million, a decrease of 1.81% year-on-year[16]. - The company's net profit attributable to shareholders for Q1-Q3 2025 was CNY 75,469.57 million, an increase of 4.36% year-on-year[17]. - The total profit for the company in Q1-Q3 2025 was CNY 103,042.27 million, an increase of 4.21% year-on-year[17]. - The net profit for the first three quarters of 2025 reached CNY 780,592,139.34, an increase of 6.7% compared to CNY 731,110,691.96 in the same period of 2024[38]. - The total comprehensive income for the first three quarters of 2025 was CNY 779,679,811.68, up from CNY 730,683,112.04 in 2024, reflecting a growth of 6.7%[38]. - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.6759, compared to CNY 0.6477 in 2024, indicating an increase of 4.9%[38]. Assets and Liabilities - The total assets at the end of the reporting period were ¥24,950,625,486.82, representing a slight increase of 0.26% from the end of the previous year[5]. - Total assets as of September 30, 2025, amounted to CNY 24,950,625,486.82, a slight increase from CNY 24,885,179,791.50 at the end of 2024[36]. - Total liabilities decreased to CNY 12,752,255,743.76 as of September 30, 2025, from CNY 13,064,669,248.36 at the end of 2024, indicating a reduction in financial leverage[36]. - Total liabilities decreased to CNY 3,612,705,435.76 from CNY 4,472,348,992.35, reflecting a reduction of 19.3%[44]. - The company's total equity increased to CNY 12,256,520,304.50 from CNY 11,890,427,273.06, an increase of 3.1%[44]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥2,630,802,381.52, showing a decrease of 2.56%[5]. - Operating cash flow for the first three quarters of 2025 was CNY 2,630,802,381.52, slightly down from CNY 2,699,808,693.36 in 2024, a decrease of 2.6%[39]. - Cash and cash equivalents at the end of September 2025 were CNY 1,283,991,909.22, down from CNY 1,376,701,095.67 at the end of 2024, a decline of 6.7%[40]. - The company reported a net cash outflow from investing activities of CNY 794,253,060.85 for the first three quarters of 2025, compared to a net outflow of CNY 846,970,413.23 in 2024, showing an improvement of 6.2%[40]. - The company's cash inflow from operating activities totaled CNY 195,346,801.59, down from CNY 227,703,789.27 in the previous year, a decline of 14.2%[48]. Hotel Operations - The average daily rate (ADR) for hotels was CNY 259, down 2.0% year-on-year, while the revenue per available room (RevPAR) was CNY 191, down 2.4% year-on-year[12]. - The company opened 387 new hotels in the reporting period, with 219 being standard management hotels, representing 56.6% of all new openings[13]. - As of September 30, 2025, the company had a total of 7,501 hotels, including 2,223 mid-to-high-end hotels, which accounted for 29.6% of the total hotel count[18]. - The company’s hotel operations revenue decreased by 2.00% year-on-year to CNY 539,252.14 million, while hotel management revenue increased by 12.86% to CNY 20,578.63 million[16]. - The company’s mid-to-high-end hotel room count increased to 231,234, representing 42.5% of the total room count[18]. - The company’s economy hotels segment opened 99 new hotels in Q3 2025, while the mid-range segment added 120[23]. - The total number of mature hotels (operating for over 18 months) reached 5,341, with a RevPAR of 165 RMB, down 8.2% year-over-year[28]. - The occupancy rate for all hotels in Q3 2025 was 68.9%, a decline of 0.8 percentage points compared to the previous year[25]. Strategic Initiatives - The company launched the "Youth Card" for university students, enhancing customer engagement and loyalty[14]. - The company plans to continue focusing on cost control and operational efficiency to enhance profitability in the upcoming quarters[37]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and customer experience[38]. - The company will not apply new accounting standards starting from 2025[50].

Financial Performance - The company's operating revenue for the third quarter was ¥215,969,026.10, a decrease of 0.64% compared to the same period last year[4] - The total profit for the quarter was ¥31,886,701.31, reflecting a decline of 12.40% year-over-year[4] - The net profit attributable to shareholders was ¥23,016,173.31, down 20.22% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥21,077,136.63, a decrease of 23.50% compared to the same period last year[4] - The company reported a basic and diluted earnings per share of ¥0.0480, down 20.13% from the previous year[5] - Total comprehensive income for the period reached CNY 61,201,106.44, an increase from CNY 53,672,919.82 in the previous period, representing a growth of approximately 14.2%[19] - The basic and diluted earnings per share were both CNY 0.1177, up from CNY 0.1049, marking an increase of approximately 16.5%[19] Research and Development - Research and development expenses totaled ¥20,846,114.85, accounting for 9.65% of operating revenue, an increase of 1.10 percentage points year-over-year[5] - The company's research and development expenses increased to ¥56,676,705.96 in 2025, compared to ¥47,360,099.25 in 2024, marking a rise of 19.5%[17] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was ¥155,802,272.57, showing a significant increase of 934.02%[9] - Net cash flow from operating activities was CNY 155,802,272.57, significantly up from CNY 15,067,563.79 in the same period last year, indicating a year-over-year increase of over 935%[22] - Cash inflow from sales of goods and services amounted to CNY 790,232,222.00, compared to CNY 666,710,299.68 in the previous year, reflecting a growth of about 18.5%[21] - Total cash and cash equivalents at the end of the period were CNY 2,404,529,418.72, slightly up from CNY 2,403,523,505.15, indicating a stable liquidity position[23] - The net increase in cash and cash equivalents for the period was CNY 31,760,957.93, contrasting with a decrease of CNY 132,818,353.45 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,121,344,372.77, a decrease of 3.04% from the end of the previous year[5] - The total assets of the company amounted to ¥4,121,344,372.77, a decrease from ¥4,250,384,062.74 in the previous year[17] - Total liabilities decreased to ¥609,311,564.92 from ¥737,152,361.33, indicating a reduction of approximately 17.4%[16] - The equity attributable to shareholders of the parent company was ¥3,401,262,976.68, slightly down from ¥3,407,150,283.03[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,761[11] - The largest shareholder, China Railway Harbin Bureau Group Co., Ltd., holds 261,199,999 shares, accounting for 54.42% of total shares[11] - The second-largest shareholder, CRRC (Beijing) Transformation Upgrade Fund Management Co., Ltd., holds 20,843,818 shares, representing 4.34%[11] Operational Insights - The company has not disclosed any significant operational issues during the reporting period[13] - The report does not indicate any new product launches or technological developments[12] - There are no updates on market expansion or mergers and acquisitions strategies[12] Other Financial Metrics - The weighted average return on equity was 0.68%, a decrease of 0.18 percentage points compared to the previous year[5] - The company reported a financial income of ¥21,549,142.70, compared to ¥33,931,757.70 in the previous year, reflecting a decrease of 36.5%[18] - The company's contract liabilities were reported at ¥104,413,365.48, down from ¥115,917,286.18, indicating a decrease of 9.5%[16] - Cash outflow from investing activities was CNY 63,371,453.20, down from CNY 101,429,834.02, showing a reduction of approximately 37.5%[22] - Cash outflow for financing activities totaled CNY 63,194,581.54, compared to CNY 48,894,797.80 in the previous year, representing an increase of about 29.3%[23] - The company reported a foreign exchange gain of CNY 43,184.88, contributing positively to the overall financial results[19]

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。 中际联合（北京）科技股份有限公司2025 年第三季度报告 证券代码：605305 证券简称：中际联合 中际联合（北京）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。 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 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 533,677,662.80 | 46.68 | 1, ...

Financial Performance - Total revenue for Q3 2025 was ¥890,563,219.19, a decrease of 14.44% compared to the same period last year[4] - Net profit attributable to shareholders was -¥722,935.72, representing a decline of 103.55% year-on-year[4] - The total profit for the year-to-date was ¥34,181,516.84, down 51.37% compared to the previous year[4] - Basic earnings per share for Q3 2025 was -¥0.0004, a decrease of 103.54% from the same period last year[6] - Total operating revenue for the first three quarters of 2025 was CNY 2,734,486,872.56, a decrease of 10.2% compared to CNY 3,045,295,579.97 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 32,573,041.36, a decline of 46.3% from CNY 60,547,460.16 in 2024[20] - The company's operating revenue for the first three quarters of 2025 was CNY 40,216,686.15, a decrease of 33.4% compared to CNY 60,424,626.42 in the same period of 2024[27] - The net profit for the first three quarters of 2025 reached CNY 87,145,023.74, significantly up from CNY 18,946,245.71 in the previous year, marking an increase of 359.5%[27] Cash Flow - Cash flow from operating activities for the year-to-date was -¥36,499,696.15, an increase of 52.00% compared to the previous year[4] - Cash flow from operating activities for the first three quarters of 2025 was a net outflow of CNY 36,499,696.15, an improvement from a net outflow of CNY 76,046,728.03 in 2024[22] - The company's cash flow from investing activities showed a net inflow of CNY 61,910,751.03, contrasting with a net outflow of CNY 305,148,829.77 in the previous year[23] - The company's cash flow from financing activities generated a net inflow of CNY 7,024,143.18, compared to a net outflow of CNY 535,466,084.16 in the previous year[23] - In the first three quarters of 2025, the company generated cash inflows from operating activities amounting to ¥153,633,282.83, a significant increase from ¥6,491,372.26 in the same period of 2024[29] - The net cash flow from operating activities for the first three quarters of 2025 was ¥132,942,519.77, compared to a negative cash flow of ¥4,002,013.31 in 2024[29] - The company reported cash inflows from investment activities totaling ¥1,044,373,466.37 in the first three quarters of 2025, up from ¥295,780,480.82 in 2024[29] - The net cash flow from investment activities was negative at ¥691,709,147.54 for the first three quarters of 2025, contrasting with a positive cash flow of ¥34,484,989.10 in 2024[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,204,082,234.35, down 4.01% from the end of the previous year[6] - The total current assets as of September 30, 2025, amount to ¥4,385,289,354.16, a decrease from ¥4,615,129,893.14 on December 31, 2024[16] - The total assets as of September 30, 2025, are ¥5,204,082,234.35, down from ¥5,421,739,476.49 on December 31, 2024[17] - The total current liabilities as of September 30, 2025, are ¥1,364,349,110.78, a decrease from ¥1,592,552,177.74 on December 31, 2024[17] - Total liabilities increased to CNY 1,621,588,418.95 in 2025 from CNY 1,389,324,990.93 in 2024, reflecting a growth of 16.7%[18] - The total liabilities as of September 30, 2025, were CNY 68,587,340.84, compared to CNY 53,787,592.53 at the end of 2024[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 114,729[12] - ShowWorld HongKong Limited holds 332,615,750 shares, accounting for 18.40% of total shares[12] - WB Online Investment Limited owns 147,726,614 shares, representing 8.17% of total shares[12] Management and Strategy - The company attributed the decline in profits to market environment impacts and a decrease in business scale[10] - The company has increased efforts in receivables collection, contributing to improved cash flow from operating activities[11] - The company's management expenses for the first three quarters of 2025 were CNY 12,679,589.98, significantly higher than CNY 4,971,445.76 in the same period of 2024[27] - The company's management indicated a focus on expanding market presence and enhancing product offerings in future strategies[30] Other Financial Metrics - The weighted average return on equity was -0.02%, a decrease of 0.55 percentage points compared to the previous year[6] - Non-recurring gains and losses for the current period totaled -¥1,832,462.92, with a year-to-date total of ¥2,308,817.58[9] - The company reported a credit impairment loss of CNY 14,138,755.69 in 2025, compared to a gain of CNY 47,391,677.10 in 2024[20] - The company recorded other comprehensive income after tax of CNY -3,538,025.05 in 2025, contrasting with CNY 959,542.33 in 2024[20] - The company's total equity attributable to shareholders increased slightly to CNY 3,846,397,748.84 in 2025 from CNY 3,830,224,006.07 in 2024[18] - The company's total equity as of September 30, 2025, was CNY 3,135,112,513.74, an increase from CNY 3,063,514,120.43 at the end of 2024[26]

浙江尖峰集团股份有限公司 2025 年第三季度报告 证券代码：600668 证券简称：尖峰集团 浙江尖峰集团股份有限公司 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：万元 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 | 62,125.44 | -6.33 | 191,9 ...