Jiangsu Boyun Plastic Industry Co., Ltd. 2025 Annual Financial Settlement Report
Jiangsu Boyun Plastic Industry Co., Ltd. (hereinafter referred to as "Jiangsu Boyun" or "the Company") has had its 2025 annual financial statements audited by Tianheng Accounting Firm (Special General Partnership), which issued audit report No. Tianheng Audit (2026) 00077. The auditor's opinion is: We believe that the attached financial statements have been prepared in accordance with the provisions of the enterprise accounting standards in all material respects and fairly reflect the consolidated and parent company financial position of Jiangsu Boyun as of December 31, 2025, as well as the consolidated and parent company operating results and cash flows for the year 2025. The financial settlement situation for the year 2025 is reported as follows:
Overall Operating Situation:
In 2025, the Company achieved operating revenue of CNY 546,087,197.51, a decrease of 15.31% year-on-year; total profit was CNY 120,634,946.43, a decrease of 26.13% year-on-year; and net profit attributable to ordinary shareholders of the Company was CNY 102,042,034.08, a decrease of 27.66% year-on-year.
Key Financial Data and Indicators:
| Item | Current Period | Same Period Last Year | Change Rate |
|---|
| Operating Revenue | 546,087,197.51 | 644,774,068.16 | -15.31% |
| Total Profit | 120,634,946.43 | 163,315,982.62 | -26.13% |
| Net Profit | 102,042,034.08 | 141,060,144.81 | -27.66% |
| Net Profit Attributable to Ordinary Shareholders | 102,042,034.08 | 141,060,144.81 | -27.66% |
| Non-Recurring Gains and Losses | 3,433,453.60 | 7,255,776.89 | -52.68% |
| Net Profit Deducting Non-Recurring Gains and Losses | 98,608,580.48 | 133,804,367.92 | -26.30% |
| Net Cash Flow from Operating Activities | 178,374,693.28 | 125,977,792.22 | 41.59% |
| Item | End of Current Period | Beginning of Current Period | Change Rate |
|---|
| Total Assets | 1,179,314,285.71 | 1,282,471,958.71 | -8.04% |
| Net Assets Attributable to Ordinary Shareholders | 1,131,011,911.00 | 1,204,047,166.18 | -6.07% |
| Net Asset per Share | 11.64 | 12.16 | -4.21% |
1. Asset and Liability Situation, Operating Results, and Cash Flow:
(1) Major Asset Composition and Changes:
| Item | End of Reporting Period | Beginning of Reporting Period | Change Rate |
|---|
| Cash and Cash Equivalents | 459,502,270.08 | 475,879,757.22 | -3.44% |
| Trading Financial Assets | 160,854,015.46 | 185,323,835.61 | -13.20% |
| Accounts Receivable | 127,761,968.54 | 147,291,896.26 | -13.26% |
| Financing Receivables | 1,008,883.99 | - | - |
| Prepayments | 12,274,529.29 | 32,530,572.61 | -62.27% |
| Other Receivables | 130,791.65 | 1,571,614.83 | -91.68% |
| Inventory | 63,449,454.63 | 75,295,495.51 | -15.73% |
| Other Current Assets | 109,335.05 | 2,998,957.52 | -96.35% |
| Fixed Assets | 324,306,065.45 | 325,628,254.16 | -0.41% |
| Construction in Progress | - | 178,239.67 | -100.00% |
| Intangible Assets | 28,094,869.26 | 29,393,117.92 | -4.42% |
| Deferred Tax Assets | 1,470,238.19 | 2,135,048.64 | -31.14% |
| Other Non-Current Assets | 335,960.00 | 4,245,168.76 | -92.09% |