Core Viewpoint - The company reported a significant decline in net profit for the third quarter, primarily due to rising costs of raw materials, particularly copper and gold, which have outpaced the company's ability to raise product prices [3][22]. Financial Performance - The net profit attributable to shareholders decreased by 47.50% year-on-year [3]. - The company plans to negotiate price adjustments with customers and optimize product and customer structures to improve profitability in the fourth quarter [3]. Cash Dividend Plan - The company announced a mid-term cash dividend plan for 2025, proposing a distribution of 1.50 yuan per 10 shares, totaling approximately 2,242.27 million yuan, which represents 36.48% of the net profit for the first three quarters of 2025 [15][17]. - The total distributable profit as of September 30, 2025, is 207.83 million yuan, after accounting for legal reserves and previous profits [14][15]. Asset Impairment Provision - The company recognized an asset impairment provision of 10.43 million yuan in the third quarter, which accounts for 13.00% of the net profit attributable to shareholders for 2024 [22][28]. - The impairment includes provisions for receivables and inventory, with specific amounts of 0.84 million yuan for receivables and 9.59 million yuan for inventory [26][27]. Share Repurchase - The company completed a share repurchase program, acquiring 1,655,200 shares, which is 1.10% of the total share capital, at a total cost of approximately 30.01 million yuan [11][17].
金禄电子科技股份有限公司 2025年第三季度报告