NNCC(SH:600435)2025-10-23 09:15Financial Performance - The company's operating revenue for Q3 2025 reached ¥765,494,659.19, representing a year-on-year increase of 52.12%[2] - The net profit attributable to shareholders for Q3 2025 was ¥8,298,880.28, a significant increase of 1,681.27% compared to the same period last year[2] - The total profit for Q3 2025 decreased by 89.79% to ¥666,967.01, primarily due to increased R&D expenses[7] - For the year-to-date period, the operating revenue reached ¥2,468,319,953.83, marking a substantial increase of 210.01% compared to the previous year[2] - The basic earnings per share for Q3 2025 was ¥0.005, an increase of 1,566.67% year-on-year[2] - Net profit for the first three quarters of 2025 was CNY 111,495,913.96, a turnaround from a net loss of CNY 76,191,961.04 in the same period of 2024[17] - The company reported a total comprehensive income of CNY 111,996,727.67 for the first three quarters of 2025, compared to a loss of CNY 76,200,648.57 in 2024[18] Assets and Equity - The total assets at the end of the reporting period were ¥8,036,107,462.97, reflecting a 3.45% increase from the end of the previous year[3] - The equity attributable to shareholders increased by 5.26% to ¥2,915,094,393.48 compared to the previous year-end[3] - The company's total assets increased to CNY 8,036,107,462.97 in 2025 from CNY 7,768,118,163.77 in 2024, reflecting a growth of approximately 3.5%[14] - The total equity attributable to shareholders of the parent company increased to CNY 2,915,094,393.48 in 2025 from CNY 2,769,527,349.03 in 2024, representing a growth of about 5.3%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was negative at -¥195,765,313.15[2] - The company's cash flow from operating activities for the first three quarters of 2025 was CNY 2,701,718,779.38, significantly higher than CNY 871,969,356.51 in 2024[20] - The net cash flow from operating activities was -195,765,313.15, an improvement from -1,098,242,124.00 in the previous period, indicating a significant reduction in cash outflow[21] - Total cash inflow from investment activities was 564,852,702.61, down from 908,274,491.88, reflecting a decrease in cash recovery from investments[21] - The net cash flow from financing activities was -6,210,944.43, compared to -70,402,397.57 in the previous period, showing a notable improvement in cash management[22] - The total cash and cash equivalents at the end of the period stood at 827,649,835.58, a decrease from 1,300,015,695.52 at the beginning of the period[22] Shareholder Information - The total number of common shareholders at the end of the reporting period was 150,457[9] - The largest shareholder, North Navigation Technology Group Co., Ltd., holds 339,388,862 shares, representing 22.46% of total shares[9] - The second-largest shareholder, China Weapon Investment Management Co., Ltd., holds 240,750,708 shares, representing 15.93% of total shares[9] - The company reported a total of 33,442,600 shares held by Central Huijin Asset Management Co., Ltd., representing 2.21% of total shares[9] - The company has no significant changes in the participation of major shareholders in margin trading or securities lending[10] Operational Expenses - Total operating costs for the first three quarters of 2025 were CNY 2,386,368,036.14, compared to CNY 911,082,919.88 in 2024, indicating an increase of about 162.1%[16] - Research and development expenses for the first three quarters of 2025 were CNY 203,463,551.51, compared to CNY 164,773,996.26 in 2024, showing an increase of approximately 23.4%[17] - Cash outflow for purchasing goods and services was 2,246,077,708.48, up from 1,344,419,947.55, indicating increased operational expenses[21] - Cash paid to employees increased to 353,541,712.86 from 307,352,452.80, reflecting higher labor costs[21] - Cash paid for fixed assets and intangible assets was 89,355,220.36, compared to 67,625,309.15, showing increased capital expenditures[21] Other Information - The company received government subsidies amounting to ¥1,589,579.45 during the year-to-date period[5] - There are no other significant reminders regarding the company's operational situation during the reporting period[11] - The impact of exchange rate changes on cash and cash equivalents was minimal, with a net effect of 375.20 compared to 1,173.96 previously[22]