Core Viewpoint - Dou Shen Education (300010.SZ) reported a revenue of 776 million yuan for the first three quarters of 2025, reflecting a year-on-year growth of 39.36% [1] Financial Performance - The net profit attributable to shareholders of the listed company was 91.77 million yuan, showing a year-on-year decrease of 17.23% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 43.94 million yuan, which represents a year-on-year decrease of 59.97% [1] - The basic earnings per share stood at 0.0444 yuan [1]

Core Viewpoint - Dou Shen Education reported a significant increase in revenue for Q3 2025, but still faced a net loss attributed to shareholders [1] Financial Performance - The company achieved a revenue of 327 million yuan in Q3 2025, representing a year-on-year growth of 44.05% [1] - The net profit attributable to shareholders was a loss of 12.098 million yuan [1] - The basic earnings per share were reported at -0.0059 yuan [1]

Group 1 - The company Dou Shen Education (SZ 300010) announced its sixth board meeting on October 24, 2025, where the Q3 2025 report was reviewed [1] - For the first half of 2025, Dou Shen Education's revenue composition was 99.21% from the information technology services sector and 0.79% from other businesses [1] - As of the report date, Dou Shen Education's market capitalization was 14.6 billion yuan [1]

证券代码：300010 证券简称：豆神教育 公告编号：2025-035 豆神教育科技（北京）股份有限公司 第六届监事会第六次会议决议公告 本公司及监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。 一、监事会会议召开情况 同意 3 票，反对 0 票，弃权 0 票。 公司监事对《2025 年第三季度报告》签署了书面确认意见。 《2025 年第三季度报告》具体内容详见公司同日在《证券时报》《中国证 券报》《上海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn） 上披露的公告。 1 三、备查文件 豆神教育科技（北京）股份有限公司（以下简称"公司"）第六届监事会第 六次会议于 2025 年 10 月 24 日在北京市海淀区东北旺西路 8 号院 25 号楼豆神教 育集团会议室以现场方式召开，会议通知于 2025 年 10 月 17 日以电子邮件等方 式送达各位监事，与会的各位监事已知悉与所议事项相关的必要信息。本次会议 由公司监事会主席王遥初女士主持，会议应出席监事 3 人，实际出席监事 3 人。 本次会议召开符合《中华人民共和国公司法》《公司章程 ...

一、董事会会议召开情况 证券代码：300010 证券简称：豆神教育 公告编号：2025-034 豆神教育科技（北京）股份有限公司 第六届董事会第八次会议决议公告 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。 同意 9 票，反对 0 票，弃权 0 票。 豆神教育科技（北京）股份有限公司（以下简称"公司"）第六届董事会第八 次会议于 2025 年 10 月 24 日在北京市海淀区东北旺西路 8 号院 25 号楼豆神教育集 团会议室以现场结合通讯表决的方式召开，会议通知已于 2025 年 10 月 17 日以电子 邮件等方式送达全体董事，与会的各位董事已知悉与所议事项相关的必要信息。本 次董事会会议应出席董事 9 名，实际出席会议董事 9 名。本次会议由董事长窦昕先 生主持，公司部分监事、高级管理人员列席了本次会议。会议的召开和表决程序符 合《中华人民共和国公司法》《公司章程》和《董事会议事规则》的相关规定。 二、董事会会议审议情况 1、审议通过《2025 年第三季度报告》 公司董事会认真审议了公司《2025 年第三季度报告》，认为公司 2025 年第三 季度报告 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥326,977,059.41, representing a 44.05% increase year-over-year[5] - The net profit attributable to shareholders was a loss of ¥12,097,998.83, a decline of 128.96% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥23,440,232.82, down 155.93% year-over-year[5] - Basic and diluted earnings per share were both -¥0.0059, a decrease of 127.88% compared to the previous year[5] - The net profit for the current period was 69,740,857.31, reflecting a 36.13% decline from the previous period's 109,189,577.14, mainly due to increased sales expenses[10] - Net profit for the current period was ¥69,740,857.31, a decrease of 36.1% from ¥109,189,577.14 in the previous period[21] Cash Flow - The operating cash flow net amount for the year-to-date was a negative ¥238,646,326.63, reflecting a significant decline of 1,087.85%[5] - The company reported a significant decrease in cash flow from operating activities, indicating potential liquidity challenges[5] - The cash flow from operating activities showed a significant decline, with a net outflow of -238,646,326.63 compared to a positive inflow of 24,158,257.61 in the previous period, driven by higher marketing costs[10] - The net cash flow from operating activities was -238,646,326.63, a decrease from 24,158,257.61 in the previous period[24] - Cash inflow from operating activities totaled 790,868,026.90, compared to 658,640,803.00 in the prior year, indicating a year-over-year increase of approximately 20%[24] - Cash outflow from operating activities increased significantly to 1,029,514,353.53 from 634,482,545.39, representing a rise of about 62%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,392,746,233.25, an increase of 1.83% from the end of the previous year[5] - Total current assets decreased from 1,199,667,195.70 RMB at the beginning of the period to 1,144,700,075.62 RMB at the end[17] - Total liabilities decreased to ¥640,307,232.03 from ¥736,385,935.07, a reduction of 13.0%[19] - The company's financial assets decreased by 56.46% to 24,233,485.43, primarily due to the redemption of financial products during the period[9] Shareholder Information - The total number of common shareholders at the end of the reporting period is 100,518[12] - The largest shareholder, Dou Xin, holds 18.29% of the shares, totaling 378,068,362 shares[12] - The proportion of shares held by the top 10 shareholders remains stable, with no significant changes reported[14] Research and Development - Research and development expenses decreased by 77.70% to 3,286,159.55, primarily due to a reduction in capitalized R&D costs[10] - Research and development expenses decreased to ¥3,286,159.55 from ¥14,734,174.78, a decline of 77.7%[20] Marketing and Sales - The company reported a significant increase in sales expenses, totaling 464,341,878.19, which is a 300.15% rise attributed to increased marketing efforts[10] - The company launched new AI education products, "AI Dual Teacher" and "AI Super Training Ground," generating approximately 50 million RMB in revenue in Q3[15] - The company aims to expand its AI education product offerings and enhance the overall user experience[15] - The company is focusing on integrating AI technology into educational scenarios to improve quality and effectiveness[14] Other Financial Metrics - Non-recurring gains and losses totaled ¥11,342,233.99 for the current period, compared to ¥47,825,778.62 for the year-to-date[6] - The company's long-term equity investments were fully disposed of, resulting in a 100% decrease in this asset category[9] - The company confirmed a 39.58% increase in prepayments, amounting to 41,732,830.42, due to business scale growth and ongoing orders[9] - Total operating costs amounted to ¥770,440,461.86, up 56.7% from ¥492,030,012.37 in the prior period[20] - The company's goodwill remained stable at ¥296,125,209.25, slightly increasing from ¥295,131,246.05[19] Audit and Compliance - The company did not undergo an audit for the third quarter financial report[26]

Market Overview - The education sector experienced a decline of 0.25% on October 24, with ST Dongshi leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - Notable gainers included: - Guomai Technology (002093) with a closing price of 11.52, up 1.77% and a trading volume of 193,600 shares [1] - ST Chuan Zhi (003032) closed at 6.74, up 0.60% with a trading volume of 41,800 shares [1] - Angli Education (600661) closed at 10.65, up 0.47% with a trading volume of 39,500 shares [1] - Notable decliners included: - ST Dongshi (603377) closed at 3.54, down 3.28% with a trading volume of 149,900 shares [2] - Dou Shen Education (300010) closed at 7.06, down 2.49% with a trading volume of 730,200 shares [2] - Quantu Education (300359) closed at 5.56, down 0.89% with a trading volume of 71,200 shares [2] Capital Flow Analysis - The education sector saw a net outflow of 243 million yuan from institutional investors, while retail investors contributed a net inflow of 174 million yuan [2] - The net inflow from speculative funds was 69.54 million yuan [2] Detailed Capital Flow for Selected Stocks - Guomai Technology (002093) had a net inflow of 25.47 million yuan from institutional investors, while it saw a net outflow of 13.26 million yuan from speculative funds [3] - ST Chuan Zhi (003032) experienced a net inflow of 4.85 million yuan from institutional investors, but a net outflow of 3.23 million yuan from speculative funds [3] - ST Kaiyuan (300338) had a significant net outflow of 4.32 million yuan from institutional investors, while speculative funds contributed a net inflow of 1.35 million yuan [3]

Core Viewpoint - The education sector experienced a slight increase of 0.11% on October 23, with Action Education leading the gains. The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1]. Group 1: Stock Performance - Action Education (605098) closed at 41.30, with a rise of 3.51% and a trading volume of 74,400 shares, amounting to a transaction value of 319 million yuan [1]. - Other notable performers included *ST Chuan Zhi (003032) with a closing price of 6.70, up 1.36%, and Quanta Education (300359) at 5.61, up 0.90% [1]. - The overall trading activity in the education sector showed mixed results, with some stocks experiencing gains while others faced declines [2]. Group 2: Capital Flow - The education sector saw a net outflow of 110 million yuan from institutional investors, while retail investors contributed a net inflow of 120 million yuan [2]. - The capital flow data indicated that major stocks like China High-Tech (600730) had a net inflow of 5.27 million yuan from institutional investors, while stocks like *ST Dong Shi (603377) faced significant outflows [3]. - The overall sentiment in the education sector appears to be cautious, with institutional investors pulling back while retail investors remain active [2][3].

Market Overview - On October 17, the education sector declined by 2.68%, with Chuangye Heima leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Individual Stock Performance - ST Dongshi (603377) closed at 3.52, up 1.15% with a trading volume of 144,200 shares and a turnover of 50.35 million yuan [1] - China High-Tech (600730) closed at 9.00, up 1.01% with a trading volume of 286,600 shares and a turnover of 257 million yuan [1] - Other notable declines include Chuangye Heima (300688) down 6.53% to 27.61, and Kede Education (300192) down 5.26% to 17.10 [2] Capital Flow Analysis - The education sector experienced a net outflow of 284 million yuan from institutional investors, while retail investors saw a net inflow of 254 million yuan [2] - The main capital inflow and outflow for selected stocks indicate varying investor sentiment, with ST Guohua (600636) seeing a significant net outflow of 490,420 yuan from institutional investors [3] Summary of Key Stocks - ST Dongshi (603377) had a net outflow of 755,840 yuan from institutional investors, while retail investors contributed a net inflow of 368,000 yuan [3] - ST Ka Yuan (300338) and All-in-One Education (300359) also showed negative net inflows from institutional investors, indicating a cautious outlook among larger investors [3]

Market Overview - On October 14, the education sector declined by 0.64%, with China High-Tech leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Individual Stock Performance - Kevin Education (002659) closed at 5.68, up 2.53% with a trading volume of 425,300 shares and a turnover of 242 million yuan [1] - Zhonggong Education (002607) closed at 2.87, up 1.77% with a trading volume of 4,533,100 shares and a turnover of 1.323 billion yuan [1] - China High-Tech (600730) closed at 8.08, down 4.04% with a trading volume of 179,200 shares and a turnover of 148 million yuan [2] - Dou Shen Education (300010) closed at 7.49, down 2.22% with a trading volume of 757,300 shares and a turnover of 578 million yuan [2] Capital Flow Analysis - The education sector saw a net inflow of 7.2596 million yuan from institutional investors, while retail investors experienced a net outflow of 6.8507 million yuan [2][3] - Major stocks like Zhonggong Education had a net inflow of 18.4 million yuan from institutional investors, but a net outflow of 58.9373 million yuan from retail investors [3] - Kevin Education experienced a net inflow of 15.4896 million yuan from institutional investors, while retail investors had a net outflow of 10.2938 million yuan [3]