SCTE(SH:600674)2025-10-20 09:15Financial Performance - The company's operating revenue for the third quarter was CNY 428,502,665.99, a decrease of 11.30% compared to the same period last year[4]. - The total profit for the quarter was CNY 1,817,468,742.77, down 17.66% year-on-year[4]. - The net profit attributable to shareholders was CNY 1,760,254,513.64, reflecting a decline of 16.96% compared to the previous year[4]. - The basic earnings per share for the quarter was CNY 0.3611, a decrease of 17.21% year-on-year[5]. - Net profit for the first three quarters of 2025 was CNY 4,292,071,193.24, a decrease from CNY 4,503,584,192.80 in the same period of 2024, representing a decline of approximately 4.7%[18]. - Operating profit for the first three quarters of 2025 was CNY 4,339,411,507.23, down from CNY 4,558,423,999.34 in 2024, indicating a decrease of about 4.8%[18]. - Total comprehensive income for the first three quarters of 2025 was CNY 4,261,471,193.24, compared to CNY 4,625,984,192.80 in 2024, reflecting a decline of approximately 7.9%[19]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.8660, down from CNY 0.9133 in the same period of 2024, a decrease of about 5.2%[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 68,806,177,425.38, an increase of 5.78% from the end of the previous year[5]. - The company's current assets as of September 30, 2025, totaled RMB 4,588,848,086.39, compared to RMB 3,637,035,976.58 at the end of 2024, indicating a growth of 26.2%[13]. - Non-current assets increased to RMB 64,217,329,338.99 as of September 30, 2025, from RMB 61,412,181,009.85 at the end of 2024, representing a growth of 4.6%[14]. - Total liabilities as of September 30, 2025, amounted to RMB 22,589,214,945.98, compared to RMB 21,162,798,627.63 at the end of 2024, marking an increase of 6.7%[15]. - The company's total equity reached RMB 46,216,962,479.40 as of September 30, 2025, up from RMB 43,886,418,358.80 at the end of 2024, reflecting a growth of 5.3%[15]. - Short-term borrowings decreased to RMB 1,629,897,581.37 as of September 30, 2025, from RMB 2,921,931,494.79 at the end of 2024, a reduction of 44.2%[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 577,484,534.41, a decrease of 11.97%[5]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 577,484,534.41, compared to CNY 655,997,695.77 in 2024, a decrease of approximately 11.9%[21]. - Cash flow from investing activities generated a net inflow of CNY 1,232,222,750.52 in the first three quarters of 2025, up from CNY 944,171,209.25 in 2024, an increase of about 30.6%[21]. - Cash flow from financing activities resulted in a net outflow of CNY 829,879,904.23 in the first three quarters of 2025, an improvement compared to a net outflow of CNY 1,210,573,326.83 in 2024[23]. - Total cash and cash equivalents at the end of the first three quarters of 2025 amounted to CNY 1,841,959,954.63, significantly higher than CNY 890,168,722.05 at the end of 2024, an increase of approximately 106.5%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 84,645[10]. - There are no significant changes in the top ten shareholders' participation in margin financing and securities lending activities as of the reporting period[12]. Research and Development - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[16]. - Research and development expenses for the first three quarters of 2025 were CNY 26,951,256.62, slightly up from CNY 25,154,735.36 in 2024, an increase of about 7.1%[18]. Non-Recurring Items - Non-recurring gains and losses for the quarter totaled CNY 6,510,988.32[8]. - The company reported a tax expense of CNY 47,425,881.75 for the first three quarters of 2025, down from CNY 56,450,552.84 in 2024, a decrease of about 16.5%[18].