网宿科技(300017) - 2025 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2025 was CNY 1,141,267,311.82, a decrease of 12.85% year-over-year[5] - Net profit attributable to shareholders increased by 84.77% to CNY 243,617,504.58 in Q3 2025[5] - Basic earnings per share rose by 83.06% to CNY 0.0994, while diluted earnings per share increased by 81.82% to CNY 0.0980[5] - In the first three quarters of 2025, the company achieved operating revenue of CNY 3,491.84 million, a year-on-year decrease of 3.27%[19] - The net profit attributable to shareholders of the listed company was CNY 616.12 million, up 43.60% year-on-year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 348.36 million, an increase of 14.73% year-on-year[19] - The net profit for the current period is 611,008,085.94 CNY, an increase from 435,388,473.80 CNY in the previous period, representing a growth of approximately 40.3%[38] - The total comprehensive income for the current period is 632,289,516.81 CNY, compared to 451,968,519.91 CNY in the previous period, representing an increase of about 40.0%[39] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 12,116,841,809.99, reflecting a slight increase of 0.21% from the end of the previous year[5] - Current assets totaled ¥9,252,014,621.46, slightly up from ¥9,228,104,505.25 at the beginning of the period[34] - Total liabilities decreased to ¥1,845,068,898.56 from ¥1,973,927,216.60, a reduction of 6.51%[35] - The company's equity attributable to shareholders rose to ¥10,138,775,337.97 from ¥9,891,340,288.32, an increase of 2.49%[35] - Total assets increased slightly to ¥12,116,841,809.99 from ¥12,092,004,476.55[35] Cash Flow and Investments - Cash flow from operating activities for the year-to-date was CNY 795,816,997.00, an increase of 5.09%[5] - The company reported cash generated from financing activities of -CNY 661.77 million, a decrease of 311.64% primarily due to bank loan repayments[14] - The company’s cash and cash equivalents decreased by 31.77% to CNY 1,388,750,871.89, mainly due to increased investments in financial products[9] - The cash flow from operating activities net amount is 795,816,997.00 CNY, up from 757,248,989.95 CNY, reflecting an increase of approximately 5.1%[41] - The company incurred financial expenses of -56,277,019.89 CNY, a decrease from -72,056,310.66 CNY in the previous period, indicating a reduction in financial costs[38] Operating Performance - The gross profit for the same period was CNY 1,205.51 million, representing a year-on-year increase of 9.67%[19] - Revenue from CDN and edge computing business was CNY 2,177.19 million, accounting for 62.35% of total operating revenue[19] - The gross margin for the CDN and edge computing business was 14.76%[19] - Revenue from security and value-added services was CNY 1,030.81 million, making up 29.52% of total operating revenue[19] - The gross margin for security and value-added services was 78.90%[19] - Total operating revenue for the current period was ¥3,491,837,022.99, a decrease of 3.26% from ¥3,609,798,538.24 in the previous period[37] - Total operating costs decreased to ¥3,087,018,441.79, down 5.51% from ¥3,267,677,433.33 in the previous period[37] - Operating costs included ¥2,286,330,879.09 for cost of goods sold, a decrease from ¥2,510,581,602.26, reflecting a reduction of 8.91%[37] Expenses and Management - Management expenses increased by 39.69% to CNY 288,593,175.54, primarily due to increased option expenses[12] - Research and development expenses were ¥294,634,402.24, down 11.96% from ¥334,679,326.34 in the previous period[37] - The stock incentive plan incurred share-based payment expenses of CNY 92.89 million in Q3 2025, an increase of CNY 34.31 million from Q2 2025[20] - The 2025 stock incentive plan's cost recognized in Q3 2025 was CNY 86.76 million, with a total of CNY 139.26 million recognized in the first three quarters[23] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[42] - The company completed a capital increase and partial equity transfer for its subsidiary, resulting in a registered capital increase from CNY 51.90 million to CNY 66.62 million[30] - The company provided a guarantee of up to CNY 10 million for its wholly-owned subsidiary Shanghai Yunshu to support its business expansion[29] - The company has approved the use of up to CNY 7.5 billion of idle funds for purchasing low-risk financial products[26] Non-Recurring Items - The company disposed of non-current assets, resulting in a non-recurring gain of CNY 156,656,078.64 for Q3 2025[6] - The company reported a non-recurring net profit of CNY 86.96 million in Q3 2025, which decreased by 21.88% compared to the previous quarter[20] - The investment income from the subsidiary Shenzhen Green Cloud Technology Co., Ltd. amounted to CNY 9.9 million, classified as a non-recurring gain[20] - The company reported a significant increase in investment income of 325.49% to CNY 155,324,997.17 for the first nine months of 2025[12]