Hangcha (SH:603298)2025-10-22 10:30Financial Performance - The company's operating revenue for the third quarter reached ¥4,669,589,651.54, an increase of 11.22% compared to the same period last year[6] - Total profit for the quarter was ¥745,097,203.80, reflecting a growth of 17.46% year-over-year[6] - Net profit attributable to shareholders was ¥632,914,648.33, up 12.79% from the previous year[6] - Basic earnings per share for the quarter were ¥0.48, representing an increase of 11.63% year-over-year[6] - Total operating revenue for the first three quarters of 2025 reached RMB 13,971,607,476.15, an increase of 8.7% compared to RMB 12,854,274,681.62 in the same period of 2024[19] - The net profit for the first three quarters of 2025 reached CNY 1,821,336,114.56, an increase from CNY 1,649,580,609.17 in the same period of 2024, representing a growth of approximately 10.4%[20] - The total revenue from operating activities for the first three quarters of 2025 was CNY 10,743,417,262.44, compared to CNY 9,984,722,422.59 in 2024, indicating a year-over-year increase of about 7.6%[22] - The company reported a total profit of CNY 2,037,999,245.45 for the first three quarters of 2025, compared to CNY 1,847,740,712.82 in 2024, marking an increase of around 10.3%[20] - The company’s operating profit for the first three quarters of 2025 was CNY 2,039,637,257.00, an increase from CNY 1,848,888,095.05 in 2024, representing a growth of about 10.3%[20] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥688,725,522.57, showing a 6.52% increase compared to the same period last year[6] - The company's cash and cash equivalents decreased to RMB 3,734,728,668.09 from RMB 4,182,694,613.32, a decline of approximately 10.7%[15] - The cash flow from operating activities netted CNY 688,725,522.57 in 2025, up from CNY 646,554,489.98 in 2024, reflecting a growth of approximately 6.5%[22] - The cash and cash equivalents at the end of the period stood at CNY 3,706,092,038.07, compared to CNY 3,471,986,850.29 at the end of 2024, showing an increase of about 6.7%[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥18,827,049,792.25, a year-over-year increase of 11.59%[6] - Total assets as of September 30, 2025, were RMB 18,827,049,792.25, compared to RMB 16,871,203,269.11 at the end of 2024, marking an increase of 11.6%[17] - Total liabilities rose to RMB 6,755,124,509.77 from RMB 6,087,857,386.17, reflecting an increase of 10.9%[16] - The company's equity attributable to shareholders increased to RMB 11,387,552,355.15 from RMB 10,091,719,471.40, a growth of 12.8%[17] Investment and Expenses - Research and development expenses amounted to RMB 665,397,168.25, slightly higher than RMB 651,893,162.72 in the previous year, indicating a focus on innovation[19] - The company reported an investment income of RMB 395,679,609.85, up from RMB 335,927,915.51, indicating a positive trend in investment performance[19] - The company incurred a net cash outflow from investing activities of CNY -332,193,943.60 in 2025, compared to CNY -172,954,312.33 in 2024, indicating a higher investment expenditure[23] Shareholder Information - The company has a total of 18,350 common shareholders as of the end of the reporting period[12] - The company has not indicated any significant changes in shareholder relationships or actions regarding financing and securities lending[14] Other Financial Metrics - Non-recurring gains and losses for the quarter totaled ¥6,164,783.59, with significant contributions from government subsidies and asset disposals[9] - The weighted average return on equity for the quarter was 5.77%, a decrease of 0.35 percentage points compared to the previous year[6] - The company reported a decrease in credit impairment losses, which were CNY -49,236,834.97 in 2025, compared to CNY -74,881,222.83 in 2024, indicating improved asset quality[20]