NKF(SH:603707)2025-10-24 09:05Financial Performance - The company's operating revenue for the third quarter was CNY 945,898,414, representing a year-on-year increase of 0.06%[4] - The total profit for the quarter was CNY 151,928,051.88, a decrease of 38.56% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 143,199,605.86, down 28.67% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 123,973,705.84, reflecting a decrease of 30.95% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.09, down 25.00% year-on-year[5] - Total revenue for the first three quarters of 2025 was CNY 2,925,743,881.48, a decrease of 5.3% compared to CNY 3,088,009,007.42 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 429,455,986.44, down 29.1% from CNY 605,775,481.17 in the previous year[19] - The company reported a total comprehensive income of CNY 429,971,758.03, down from CNY 613,080,783.94 in the previous year[20] - Basic earnings per share decreased to CNY 0.27 from CNY 0.37, a decline of 27.0%[20] Cash Flow and Assets - The cash flow from operating activities for the year-to-date was CNY 900,324,655.05, a decline of 14.67% compared to the same period last year[5] - The company reported cash and cash equivalents of ¥1,447,642,112.17 as of September 30, 2025, an increase from ¥1,024,384,215.58 on December 31, 2024, representing a growth of approximately 41.3%[14] - The total current assets amounted to ¥7,530,416,166.22 as of September 30, 2025, compared to ¥7,045,889,981.21 at the end of 2024, indicating an increase of about 6.9%[15] - Non-current assets totaled ¥2,777,039,115.22 as of September 30, 2025, up from ¥2,464,060,382.73, marking an increase of approximately 12.7%[15] - The ending balance of cash and cash equivalents increased to ¥1,315,566,941.98 from ¥626,536,891.47, marking a significant rise of 110.0%[24] Shareholder Information - The company reported a total of 29,213 ordinary shareholders at the end of the reporting period[11] - The company has a significant shareholder structure, with the largest shareholder, Xie Juhua, holding 27.21% of shares, followed by Jiangsu Coastal Development Group with 21.3%[12] - Tang Yongqun, an overseas individual shareholder, holds 19.8% of shares, with 42,841,500 shares pledged[12] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending activities[13] Operational Insights - The decline in profit was primarily due to reduced selling prices of certain products and an increase in period expenses[9] - The company has not reported any significant operational issues during the reporting period[14] - The company continues to focus on expanding its market presence and enhancing its product offerings through ongoing research and development efforts[14] - Research and development expenses rose to CNY 260,994,913.06, an increase of 20.7% compared to CNY 216,228,047.16 in 2024[19] Liabilities and Costs - Total operating costs increased to CNY 2,589,795,987.83, up 6.6% from CNY 2,430,007,182.20 year-over-year[18] - Total liabilities rose to CNY 3,556,274,956.94, up from CNY 3,021,793,728.13, marking an increase of 17.7%[16]