EASPRING(SZ:300073)2025-10-24 10:15Financial Performance - The company's revenue for Q3 2025 reached ¥2,966,751,678.69, representing a year-on-year increase of 49.54%[5] - Net profit attributable to shareholders was ¥191,641,019.00, an increase of 8.02% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was ¥135,889,224.44, up 29.36% year-on-year[5] - Operating revenue for the first nine months of 2025 reached CNY 7,399,249,417.11, a 33.92% increase from CNY 5,525,269,718.72 in the same period of 2024[17] - The company’s net profit attributable to shareholders increased by 8.30% to CNY 502,795,315.36, compared to CNY 464,282,441.42 in the prior year[18] - Net profit for the current period was ¥497,227,819.84, representing a 13.5% increase from ¥437,832,028.30 in the previous period[34] - Total comprehensive income for the period reached ¥510,740,865.06, an increase from ¥436,119,121.76 in the previous period, representing a growth of approximately 17.5%[35] - Basic and diluted earnings per share increased to ¥0.9686 from ¥0.9166, reflecting a rise of about 5.5%[35] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥20,308,370,195.83, reflecting an 18.61% increase from the end of the previous year[5] - Total liabilities increased by 40.23% to CNY 4,808,491,698.63 as of September 30, 2025, compared to CNY 3,429,090,779.89 at the end of 2024[11] - The total number of common shareholders at the end of the reporting period is 86,399[22] - The company’s equity attributable to shareholders increased to ¥14,563,611,082.99 from ¥13,166,629,133.04, a growth of 10.6%[31] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥729,719,371.57, down 36.65% compared to the previous year[5] - Net cash flow from operating activities decreased by 36.65% to CNY 729,719,371.57, down from CNY 1,151,896,539.29, mainly due to higher customer note repayments[20] - Cash and cash equivalents at the end of the period totaled ¥6,936,401,346.25, up from ¥5,948,120,927.80, marking an increase of about 16.6%[39] - Net cash flow from financing activities was ¥1,160,901,913.82, compared to a net outflow of ¥61,436,976.10 in the previous period, indicating a significant turnaround[38] Investments and Expenses - Investment activities generated a net cash outflow of CNY 1,351,679,812.93, a 71.81% increase in outflow compared to CNY -786,707,112.26 in the previous year[20] - Research and development expenses for the current period were ¥345,070,626.74, an increase from ¥305,745,052.47 in the previous period[34] - The company reported a significant increase in construction in progress, which rose by ¥74,424.46 million, or 368.52%, due to increased investment in the European new materials industry base project[10] Shareholder Information - The largest shareholder, Minmetals Technology Group Co., Ltd., holds 28.52% of shares, totaling 155,230,155 shares[22] - The company plans to raise between RMB 800 million and RMB 1 billion through a private placement to its controlling shareholder, Minmetals Group[26] - The company issued 37,792,894 new shares at a price of RMB 26.46 per share, increasing total shares from 506,500,774 to 544,293,668[26] Other Financial Metrics - The company received government subsidies amounting to ¥20,062,276.25 during the reporting period, contributing to its financial performance[6] - The company’s financial expenses improved by 25.35%, resulting in a net financial income of CNY -55,947,353.35 compared to CNY -74,947,982.42 in the previous year[17] - The company’s other comprehensive income after tax was ¥13,513,045.22, compared to a loss of ¥1,712,906.54 in the previous period[34]