Core Viewpoint - Tianli Lithium Energy (301152.SZ) reported a revenue of 1.535 billion yuan for the first three quarters of 2025, marking an 11.18% year-on-year increase, but the net profit attributable to shareholders was -89.74 million yuan, an improvement from -171 million yuan in the same period last year [1] Financial Performance - For the first nine months of 2025, the company achieved a revenue of 1.535 billion yuan, up 11.18% year-on-year [1] - The net profit attributable to shareholders was -89.74 million yuan, compared to -171 million yuan in the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -90.42 million yuan, improving from -179 million yuan year-on-year [1] - The net cash flow from operating activities was 51.47 million yuan, a significant increase of 114.11% year-on-year [1] Previous Year Comparison - In 2024, the company reported a revenue of 1.754 billion yuan, a decrease of 28.23% compared to the previous year [3] - The net profit attributable to shareholders for 2024 was -429 million yuan, compared to -502 million yuan in the previous year [3] - The net cash flow from operating activities in 2024 was -305 million yuan, down from a positive 124 million yuan in the previous year [3] Initial Public Offering (IPO) Details - Tianli Lithium Energy was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on August 29, 2022, with an initial public offering of 30.5 million shares at a price of 57.00 yuan per share [2] - The total amount raised from the IPO was 1.7385 billion yuan, with a net amount of 1.5503 billion yuan after expenses [3] - The company planned to use the raised funds for the construction of projects related to ternary cathode materials [3]