AFR(SZ:300620)2025-10-22 08:55Financial Performance - The company's revenue for Q3 2025 reached ¥401,760,502.34, representing a year-on-year increase of 26.53%[5] - Net profit attributable to shareholders was ¥63,439,087.88, a significant increase of 149.09% compared to the same period last year[5] - The basic earnings per share (EPS) rose to ¥0.2546, reflecting a 149.12% increase year-on-year[5] - Operating revenue reached ¥998,407,985.90, an increase of 35.11% compared to ¥738,946,754.08 in the same period last year, driven by technological innovation and new product launches[9] - Operating profit increased to ¥94,016,937.03, up 70.8% from ¥55,033,024.31 year-over-year[21] - Net profit attributable to shareholders of the parent company was ¥115,308,780.52, compared to ¥55,808,805.54 in the previous period, representing a 106.5% increase[21] - The company reported a total comprehensive income of ¥138,320,474.94, up from ¥73,472,603.57 in the previous period, reflecting an increase of 88.3%[21] - Basic earnings per share rose to ¥0.4628 from ¥0.2253, marking a 105.5% increase[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,575,778,664.08, marking a 21.14% increase from the end of the previous year[5] - The company’s estimated liabilities increased significantly by 1160.43% to ¥1,485,951.18, mainly due to the acquisition of 100% equity in Jabil Technology (Wuhan) Co., Ltd.[9] - Total liabilities reached RMB 1,467,078,261.58, compared to RMB 990,073,709.88 at the beginning of the period, indicating a rise of approximately 48%[19] - The company’s deferred income tax liabilities increased by 46.21% to ¥11,573,897.83, primarily due to the valuation increase of land and buildings from the recent acquisition[9] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥64,800,688.09, reflecting a decrease of 56.13%[5] - The company reported a net cash flow from operating activities of ¥64,800,688.09, a decrease of 56.13% from ¥147,697,785.41 year-on-year, primarily due to reduced R&D funding and increased working capital requirements[9] - Cash flow from operating activities generated ¥64,800,688.09, down 56.0% from ¥147,697,785.41 in the previous period[22] - Cash flow from investing activities resulted in a net outflow of ¥307,277,176.53, an improvement from a net outflow of ¥462,555,346.99 in the previous period[22] - Cash flow from financing activities yielded a net inflow of ¥293,688,767.17, compared to ¥400,728,091.73 in the previous period, indicating a decrease of 26.7%[23] Investments and Acquisitions - The company acquired 100% equity of Jabil Technology (Wuhan) Co., Ltd. for USD 17 million plus net cash at the time of delivery, making it a wholly-owned subsidiary[15] - The company raised a net amount of RMB 697,054,124.51 in 2020 for the development and industrialization of lithium niobate high-speed modulator chips and to supplement working capital[14] - The company raised a net amount of RMB 175,314,155.53 in 2023 for the Thailand optical base project and to supplement working capital, with plans to complete major equipment procurement and installation in Q4[14] Other Financial Metrics - The company reported a significant increase in non-operating income to ¥17,478,783.64, a rise of 2614.34% from ¥643,941.54, mainly due to negative goodwill from the acquisition[9] - Investment income surged to ¥1,500,531.48, reflecting a 232.48% increase from ¥451,309.95, attributed to higher returns from cash management bank financial products[9] - Financial expenses improved to -¥447,001.95, a decrease of 113.63% from ¥3,279,967.89, mainly due to increased interest income and reduced exchange losses[9] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,043, with the top ten shareholders holding a combined 54.75% of shares[10] Inventory and Receivables - Accounts receivable increased by 41.96% to ¥490,972,062.63, driven by the growth in operating revenue[8] - Inventory levels rose by 36.94% to ¥367,485,192.01, attributed to the expansion of the company's operations and the acquisition of Jabil Technology (Wuhan) Co., Ltd.[8]