Xiantong Stock(SH:603239)2025-10-22 08:50Financial Performance - The company's operating revenue for the third quarter reached ¥352,573,478.86, representing a year-on-year increase of 22.98%[4] - The total profit for the quarter was ¥51,958,644.14, reflecting a growth of 22.41% compared to the same period last year[4] - The net profit attributable to shareholders was ¥44,635,052.88, an increase of 18.12% year-on-year[4] - The basic earnings per share for the quarter was ¥0.16, up by 14.29% from the previous year[5] - The total operating revenue for the first three quarters of 2025 reached CNY 1,024,468,107.74, an increase of 21.7% compared to CNY 841,506,267.56 in the same period of 2024[17] - The net profit for the first three quarters of 2025 reached CNY 151,670,605.99, an increase of 17.4% compared to CNY 129,193,285.56 in the same period of 2024[19] - The total comprehensive income for the first three quarters of 2025 was CNY 151,670,605.99, compared to CNY 129,193,285.56 in 2024, reflecting an increase of 17.4%[19] - The net profit for the first three quarters of 2025 was CNY 339,087,230.17, representing a significant increase of 190.5% from CNY 116,527,349.77 in the first three quarters of 2024[30] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,654,831,966.45, marking an 8.85% increase from the end of the previous year[5] - The total assets of the company as of September 30, 2025, were CNY 1,654,831,966.45, compared to CNY 1,520,245,474.05 at the end of 2024, showing an increase of 8.8%[15] - The total assets as of September 30, 2025, amounted to CNY 1,675,660,323.30, compared to CNY 1,540,943,091.81 at the end of 2024, reflecting a growth of 8.7%[28] - The total liabilities as of September 30, 2025, were CNY 400,423,552.28, compared to CNY 361,121,263.02 at the end of 2024, reflecting a growth of 10.9%[14] - The total liabilities decreased to CNY 454,974,927.19 as of September 30, 2025, down from CNY 602,018,217.13 at the end of 2024, indicating a reduction of 24.5%[27] Shareholder Information - The number of common shareholders at the end of the reporting period was 22,848[10] - The top shareholder, Taizhou Wucheng Industrial Development Co., Ltd., holds 29.69% of the shares, totaling 80,363,400 shares[10] - The equity attributable to shareholders increased to ¥1,254,408,414.17, which is an 8.22% rise compared to the previous year-end[5] - The total equity increased to CNY 1,220,685,396.11 as of September 30, 2025, compared to CNY 938,924,874.68 at the end of 2024, representing a growth of 30%[28] Cash Flow - The company reported a net cash flow from operating activities of ¥97,211,239.19 for the year-to-date period[5] - Cash flow from operating activities generated a net amount of CNY 97,211,239.19, a significant recovery from a negative cash flow of CNY -4,076,871.53 in the previous year[23] - Cash inflow from operating activities totaled $799.73 million, an increase of 25.5% compared to $637.39 million in the previous period[34] - Net cash flow from operating activities was $96.62 million, a significant recovery from a net outflow of $5.01 million in the prior period[34] - The ending cash and cash equivalents balance was $86.50 million, up from $36.05 million at the end of the previous period[34] Expenses and Costs - The total operating costs for the first three quarters of 2025 were CNY 864,505,321.66, up from CNY 704,859,206.04 in 2024, reflecting a growth of 22.6%[17] - The total operating expenses for the first three quarters of 2025 were CNY 723,516,100.15, compared to CNY 652,574,851.89 in 2024, reflecting an increase of 10.9%[23] - The company reported a total tax expense of CNY 21,494,831.77 for the current period, up from CNY 13,977,945.52 in the previous year, representing an increase of 54.0%[19] - Payments to employees increased to $208.04 million from $165.20 million, representing a rise of 25.9%[34] Investments and Capital - The company completed a capital increase of CNY 40 million in Haohai Xingkong, acquiring a 10% stake, and plans to establish a joint venture with a registered capital of CNY 20 million[11] - The company reported an investment income of CNY 206,200,000.00 for the first three quarters of 2025, a significant increase compared to CNY 481,960.29 in the same period of 2024[29] Inventory and Cash Equivalents - The company's inventory as of September 30, 2025, was CNY 260,878,644.07, an increase from CNY 237,006,977.81 at the end of 2024, representing a growth of 10.1%[13] - The company's cash and cash equivalents as of September 30, 2025, amounted to CNY 128,534,822.50, compared to CNY 107,576,655.75 at the end of 2024, indicating a 19.5% increase[12] - Cash and cash equivalents at the end of the period amounted to CNY 87,324,752.79, a decrease from CNY 39,057,556.10 in the previous year[24] - The company's cash and cash equivalents increased to CNY 127,708,440.57 as of September 30, 2025, up from CNY 107,344,023.14 at the end of 2024[26] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 39,181,033.92, slightly up from CNY 36,040,259.23 in the same period of 2024[29] Credit and Impairment - The company incurred a credit impairment loss of CNY 8,819,599.19, compared to CNY 915,362.67 in the previous year, indicating a significant increase in credit risk[19] Accounting Standards - The company will not apply new accounting standards starting from 2025[35]