CNANO(SH:688116)2025-10-26 07:50Revenue and Profit - Revenue for the third quarter was CNY 347,306,742, a decrease of 11.79% compared to the same period last year[4] - Total profit for the quarter reached CNY 90,074,713, an increase of 20.59% year-over-year[4] - Net profit attributable to shareholders was CNY 79,354,432, reflecting an 18.26% increase compared to the previous year[4] - Total operating revenue for the first three quarters of 2025 was approximately CNY 1,000.91 million, a decrease of 3.2% compared to CNY 1,040.35 million in the same period of 2024[19] - Operating profit increased to approximately CNY 224.48 million in 2025, up by 8.1% from CNY 207.76 million in 2024[20] - Net profit for the first three quarters of 2025 was approximately CNY 195.88 million, an increase of 7.8% compared to CNY 181.63 million in 2024[20] - The total comprehensive income for the period was reported at 218,808,587.45 RMB, compared to 185,555,991.44 RMB in the previous period[29] Assets and Liabilities - Total assets at the end of the quarter were CNY 5,773,699,505.83, representing a 12.36% increase from the end of the previous year[5] - The company's total current assets amounted to CNY 2,970,351,124.85, up from CNY 2,472,057,947.44, indicating a growth of about 20.1%[14] - The company's total liabilities decreased to CNY 1,988,253,948.47 from CNY 2,175,345,370.36, a reduction of about 8.6%[16] - The total assets as of September 30, 2025, amounted to CNY 5,205,274,283.96, up from CNY 4,417,590,782.26 at the end of 2024, reflecting a growth of 17.8%[27] - The total liabilities decreased to CNY 1,489,476,518.01 as of September 30, 2025, compared to CNY 1,610,315,259.74 at the end of 2024, indicating a reduction of 7.5%[27] Shareholders' Equity - Shareholders' equity attributable to the company was CNY 3,775,861,437.55, up 30.34% compared to the previous year[5] - The equity attributable to shareholders increased to CNY 3,775,861,437.55 from CNY 2,896,842,941.63, marking a significant increase of approximately 30.4%[16] - The company's total equity increased to CNY 3,715,797,765.95 as of September 30, 2025, compared to CNY 2,807,275,522.52 at the end of 2024, reflecting a growth of 32.3%[27] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 122,277,200.38, an increase of 65.36%[4][9] - Cash flow from operating activities generated a net amount of approximately CNY 122.28 million in 2025, significantly up from CNY 73.95 million in 2024, marking a growth of 65.2%[23] - Total cash inflow from operating activities increased to 982,018,994.10 RMB in 2025 from 935,323,070.17 RMB in 2024, reflecting a growth of approximately 5.5%[31] - Cash outflow from investing activities was 1,937,081,006.75 RMB in 2025, up from 1,533,309,086.05 RMB in 2024, indicating an increase of about 26.4%[32] - Net cash flow from financing activities improved significantly to 792,066,337.03 RMB in 2025, compared to a negative cash flow of -248,213,601.02 RMB in 2024[32] Research and Development - Research and development expenses totaled CNY 27,951,742.64, accounting for 8.05% of revenue, an increase of 0.53 percentage points[5] - Research and development expenses for the first three quarters of 2025 were approximately CNY 76.97 million, slightly down from CNY 80.05 million in 2024, a decrease of 3.8%[19] - The company's R&D expenses for the first three quarters of 2025 were CNY 55,751,020.69, down from CNY 65,835,157.61 in the same period of 2024, a decrease of 15.4%[28] Inventory and Receivables - The company's accounts receivable decreased to CNY 428,691,931.90 from CNY 567,376,543.58, a decline of about 24.5%[14] - The company reported a total inventory of CNY 222,854,153.91, which is an increase from CNY 207,156,378.39, reflecting a growth of approximately 7.6%[14] - The company's inventory as of September 30, 2025, was CNY 212,809,095.16, an increase from CNY 195,375,755.80 in the previous year, indicating a growth of 8.3%[26] Cash and Cash Equivalents - Cash and cash equivalents decreased to CNY 520,734,607.40 from CNY 615,274,438.47, reflecting a decline of approximately 15.3%[14] - The company's cash and cash equivalents at the end of the reporting period were CNY 281,357,569.52, a slight decrease from CNY 275,984,710.70 in the previous year[24] - Cash and cash equivalents at the end of the period decreased to 131,640,319.74 RMB in 2025 from 134,959,178.53 RMB in 2024[32] Other Financial Metrics - The basic earnings per share for the quarter was CNY 0.22, unchanged from the previous quarter[5] - The weighted average return on equity was 2.10%, a decrease of 0.19 percentage points compared to the previous year[5] - The company reported non-recurring gains of CNY 9,993,186.87 for the quarter[8] - The company reported a tax expense of approximately CNY 28.69 million in 2025, compared to CNY 25.20 million in 2024, an increase of 9.9%[20] - Other comprehensive income after tax for 2025 was approximately -CNY 2.64 million, an improvement from -CNY 5.28 million in 2024[20] - The company has not adopted new accounting standards for the year 2025[33]