Orbbec (SH:688322)2025-10-24 10:10Financial Performance - The company's revenue for the third quarter reached ¥278,526,945.55, representing a year-on-year increase of 102.49%[3] - The total profit for the period was ¥47,625,387.80, with a net profit attributable to shareholders of ¥47,828,859.33[3] - Year-to-date revenue amounted to ¥713,996,234.39, reflecting a growth of 103.50% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2025 reached ¥713,996,234.39, a significant increase of 103.6% compared to ¥350,864,553.18 in the same period of 2024[20] - The company reported a net profit of ¥107,703,494.60 for the first three quarters of 2025, compared to a net loss of ¥59,378,681.13 in the same period of 2024[21] - Operating profit for the first three quarters of 2025 was ¥99,857,128.20, a turnaround from an operating loss of ¥58,221,860.72 in 2024[20] - Basic earnings per share for the first three quarters of 2025 were ¥0.27, compared to a loss of ¥0.15 per share in the same period of 2024[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,410,441,286.13, an increase of 2.45% from the end of the previous year[4] - The equity attributable to shareholders was ¥2,976,795,579.13, up 3.82% from the previous year-end[4] - The company's total assets increased to ¥3,410,441,286.13 in 2025 from ¥3,328,990,861.53 in 2024, marking a growth of 2.4%[17] - Total liabilities decreased to ¥422,225,269.06 in 2025 from ¥454,710,799.30 in 2024, a reduction of 7.1%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥117,685,465.25, attributed to increased sales collections[10] - In the first three quarters of 2025, the cash inflow from operating activities reached ¥812,027,350.56, a significant increase of 73% compared to ¥468,763,303.11 in the same period of 2024[24] - The net cash flow from operating activities turned positive at ¥117,685,465.25, compared to a negative cash flow of ¥60,580,587.06 in the first three quarters of 2024[24] - Cash inflow from investment activities totaled ¥1,462,750,539.33, while cash outflow was ¥1,520,637,310.68, resulting in a net cash flow of -¥57,886,771.35, an improvement from -¥511,515,468.24 in the previous year[25] - The company reported a cash outflow from financing activities of -¥65,207,642.13, which is an improvement compared to -¥104,943,613.21 in the same period of 2024[25] Research and Development - Research and development expenses totaled ¥55,366,711.41, accounting for 19.88% of revenue, a decrease of 14.48 percentage points from the previous year[3] - Research and development expenses for the first three quarters of 2025 totaled ¥146,547,459.80, slightly down from ¥153,313,676.93 in 2024[20] Revenue Drivers - The growth in revenue was primarily driven by rapid expansion in the fields of 3D scanning, payment verification, and various types of robotics[8] Current Assets - As of September 30, 2025, the total current assets amounted to RMB 1,486,007,341.72, an increase from RMB 1,429,460,907.69 as of December 31, 2024, reflecting a growth of approximately 3.93%[15] - The cash and cash equivalents stood at RMB 613,084,761.75, slightly up from RMB 606,487,655.26 in the previous period[15] - The trading financial assets increased to RMB 399,080,646.59 from RMB 345,000,000.00, representing a growth of approximately 15.7%[15] - Accounts receivable rose to RMB 123,984,667.06, compared to RMB 109,071,611.78, indicating an increase of about 13.6%[15] - Inventory decreased to RMB 204,476,133.15 from RMB 219,943,006.51, showing a decline of approximately 7.1%[15] - The total non-current assets were reported at RMB 1,139,911,850.03, down from RMB 1,175,711,072.45, reflecting a decrease of about 3.05%[15] Other Information - The company has not disclosed any significant new product developments or technological advancements during this reporting period[14] - There are no notable mergers or acquisitions reported in the recent financial disclosures[14] - The company has not provided specific future guidance or market expansion strategies in the current report[14] - The company has not yet adopted the new accounting standards, as indicated in the announcement[26]