UE(SH:603600)2025-10-27 08:15Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,294,159,182.94, a decrease of 3.26% compared to the same period last year[4] - The total profit for the period was CNY 59,146,658.71, down 41.86% year-on-year[4] - The net profit attributable to shareholders was CNY 58,943,598.98, reflecting a decline of 40.15% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 55,481,983.13, a decrease of 43.51% year-on-year[4] - The basic earnings per share for the period was CNY 0.18, down 40.00% from the same period last year[5] - The diluted earnings per share also stood at CNY 0.18, reflecting a 40.00% decrease year-on-year[5] - The weighted average return on equity was 2.54%, a decrease of 1.99 percentage points compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥3,482,957,150.03, an increase of 2.7% compared to ¥3,389,890,021.11 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥190,854,635.67, a decrease of 16.9% from ¥229,895,901.24 in 2024[21] - Earnings per share for the first three quarters of 2025 were ¥0.58, down from ¥0.68 in the same period of 2024[22] - The total profit for the first three quarters of 2025 was ¥195,578,859.32, down from ¥242,666,043.38 in 2024[21] Assets and Liabilities - The total assets at the end of the period were CNY 4,585,042,784.06, an increase of 6.48% from the end of the previous year[5] - The total assets as of September 30, 2025, amounted to RMB 4,585,042,784.06, an increase from RMB 4,305,922,757.02 as of December 31, 2024, reflecting a growth of approximately 6.5%[16] - Current assets increased to RMB 2,724,870,507.47 from RMB 2,449,016,562.26, representing a growth of about 11.2%[17] - Total liabilities reached RMB 2,281,034,528.99, compared to RMB 2,055,360,461.05, which is an increase of about 10.9%[18] - The company's non-current assets totaled RMB 1,860,172,276.59, slightly up from RMB 1,856,906,194.76, showing a marginal increase of 0.1%[17] - The total equity as of September 30, 2025, was RMB 2,304,008,255.07, reflecting a growth from the previous period[18] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 361,918,796.05, an increase of 363.44%[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥3,675,100,595.71, an increase of 9.5% compared to ¥3,354,965,212.45 in 2024[23] - Net cash inflow from operating activities amounted to $361.92 million, a significant increase from $78.09 million in the previous period, reflecting a growth of 363%[24] - Cash and cash equivalents at the end of the period totaled $1.35 billion, up from $809.76 million, representing a growth of 66%[25] - Cash paid for operating activities was $3.64 billion, compared to $3.48 billion, reflecting an increase of 4.5%[24] - Cash received from tax refunds was $229.48 million, up from $154.45 million, marking an increase of 48.5%[24] Costs and Expenses - Total operating costs for the first three quarters of 2025 were ¥3,292,096,033.82, up 4.8% from ¥3,141,833,490.93 in 2024[20] - Research and development expenses for the first three quarters of 2025 were ¥121,665,038.33, slightly up from ¥117,483,108.24 in 2024[20] - Cash paid for employee compensation was $604.85 million, an increase from $548.86 million, which is a rise of 10.2%[24] Other Financial Metrics - The decline in profits was primarily attributed to the impact of trade wars and inflation in Europe and the United States, which affected terminal demand sensitivity to prices[9] - The accounts receivable decreased to RMB 576,671,991.21 from RMB 644,612,010.10, indicating a decline of approximately 10.5%[16] - The inventory level remained relatively stable at RMB 579,911,943.87, compared to RMB 584,411,757.26, showing a slight decrease of about 0.6%[17] - The company reported a significant increase in other current assets, which decreased to RMB 86,967,594.68 from RMB 121,386,178.14, reflecting a decline of approximately 28.3%[17] - Other comprehensive income after tax for the first three quarters of 2025 was ¥24,440,634.63, compared to a loss of ¥8,820,205.53 in 2024[21] - The company reported a decrease in minority shareholders' equity from ¥22,395,535.44 in 2024 to ¥14,433,289.79 in 2025[19] Cash Flow from Financing Activities - Total cash inflow from financing activities reached $1.07 billion, compared to $846.92 million in the prior period, indicating an increase of 27%[25] - Cash outflow for financing activities totaled $988.57 million, compared to $588.33 million, indicating an increase of 68%[25] Accounting Changes - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[26]