Yantai Changyu Pioneer Wine: q3 operating revenue and profit decline in 2025

Yantai Changyu Pioneer Wine Co., Ltd. reported its 2025 third quarter results, with operating revenue for January-September 2025 reaching 2,115,970,388 yuan, a 3.70% decrease compared to the same period last year. Net profit attributed to shareholders of the listed company was 187,514,296 yuan, down 16.27% year-on-year. For the July-September quarter specifically, operating revenue was 645,394,211 yuan, a 4.38% decline, and net profit attributable to shareholders was 1,917,154 yuan, decreasing by 30.96%.

The company's total assets stood at 12,157,409,575 yuan at the end of the reporting period, a 2.90% decrease from the end of last year. Owners' equity attributable to shareholders also saw a slight decrease of 1.57% to 10,452,926,548 yuan. Notably, net cash flows from operating activities surged by 96.36% to 357,912,343 yuan.

Several accounting data changes were highlighted, including a 35.26% decrease in accounts receivable due to timely recovery and an 834.02% increase in financial expenses, mainly attributed to exchange gains and losses. Treasury stock increased by 141.23% as the company bought back 12.43 million B shares. The report was unaudited.