HMD(SZ:002947)2025-10-24 10:20Revenue and Profitability - Q3 2025 revenue was CNY 718,106,659.52, a decrease of 5.22% year-over-year, while year-to-date revenue reached CNY 1,962,558,240.53, an increase of 15.51%[5] - Net profit attributable to shareholders for Q3 2025 was CNY 173,579,907.21, up 18.12% year-over-year, and year-to-date net profit was CNY 407,904,010.23, an increase of 31.24%[5] - Basic earnings per share for Q3 2025 was CNY 0.69, reflecting a 15.00% increase year-over-year, with diluted earnings per share also at CNY 0.69[5] - The net profit margin for the year-to-date period improved to 20.77%, indicating a positive trend in profitability[5] - Total operating revenue for the current period reached ¥1,962,558,240.53, an increase of 15.5% compared to ¥1,699,069,780.31 in the previous period[20] - Net profit for the current period was ¥409,317,335.28, representing a 31.1% increase from ¥311,979,157.83 in the previous period[21] - Earnings per share (EPS) for the current period was ¥1.61, compared to ¥1.33 in the previous period, reflecting a growth of 21.1%[22] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 703,998,135.21, a significant increase of 143.43%[5] - The net cash flow from operating activities was $703.99 million, an increase from $289.20 million[24] - Cash inflow from operating activities totaled ¥2,145,871,389.27, an increase of 24.0% from ¥1,732,322,403.01 in the prior period[23] - Cash outflow from operating activities was ¥1,441,873,254.06, slightly decreased from ¥1,443,124,990.80 in the previous period[23] - The total cash and cash equivalents at the end of the period reached $1.40 billion, compared to $955.91 million at the end of the previous period[24] - The company reported a cash inflow from borrowing of $154.72 million, up from $15.04 million last year[24] - The cash outflow for dividend distribution and interest payments was $150.45 million, compared to $114.81 million in the previous year[24] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $4.06 million[24] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 4,291,468,344.07, an increase of 8.41% compared to the end of the previous year[5] - The total assets of the company reached RMB 4,291,468,344.07, up from RMB 3,958,683,616.29, indicating a growth of approximately 8.4%[17] - Total current assets increased to RMB 3,543,770,795.20 from RMB 3,214,997,695.14, reflecting a growth of approximately 10.2%[17] - The total liabilities increased to RMB 946,320,529.81 from RMB 708,939,227.26, representing a rise of about 33.5%[17] - The total liabilities increased to ¥1,017,719,041.65 from ¥788,449,689.97, marking a rise of 29.1%[18] - Total equity attributable to shareholders of the parent company rose to ¥3,261,416,589.29, up from ¥3,159,314,538.24, an increase of 3.2%[18] Operational Performance - The company's cash and cash equivalents increased by 132.84% to CNY 1,398,849,849.47 due to the recovery of accounts receivable[10] - Inventory increased by 44.33% to CNY 389,418,576.21, attributed to a rise in sales orders[10] - Short-term borrowings rose by 192.13% to CNY 149,803,286.94, reflecting an increase in borrowing during the period[10] - The company reported a significant increase in other income, which rose by 117.13% to CNY 7,861,878.25, mainly due to changes in government subsidies[10] - The company has added a new implementation site for its smart manufacturing base project in Huizhou[15] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[12] Financial Expenses - The company reported a financial expense of -¥6,530,758.69, compared to -¥2,634,183.55 in the previous period, indicating a worsening in financial costs[21]