Hengtong(SH:600226)2025-10-27 09:25Financial Performance - The company's operating revenue for the third quarter was ¥443,627,294.68, an increase of 27.84% compared to the same period last year[4] - The total profit for the quarter was ¥57,528,085.83, a decrease of 21.80% year-on-year[4] - The net profit attributable to shareholders was ¥61,707,348.67, down 12.87% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥42,108,233.23, which represents a slight increase of 1.98%[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,261,838,782.76, compared to ¥908,204,370.68 in the same period of 2024, indicating a year-over-year increase of approximately 39%[25] - Net profit for the first three quarters of 2025 was ¥188,653,761.80, compared to ¥163,641,791.74 in 2024, reflecting an increase of approximately 15%[26] - The company reported a total comprehensive income of ¥188,312,799.99 for the first three quarters of 2025, up from ¥163,413,851.24 in 2024, representing an increase of approximately 15%[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,853,471,108.68, reflecting a 7.96% increase from the end of the previous year[5] - The company's total assets amounted to RMB 4,853,471,108.68, up from RMB 4,495,818,200.43 at the end of 2024, reflecting an increase of about 8%[22] - The company's total liabilities as of September 30, 2025, were RMB 1,239,819,164.32, compared to RMB 1,080,532,389.40 at the end of 2024, marking an increase of approximately 14.7%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 51,829[11] - Hengtong Group Co., Ltd. holds 504,153,332 shares, accounting for 16.95% of total shares[12] - Suzhou Hengtong Yongxu Venture Capital holds 322,231,091 shares, representing 10.83% of total shares[12] - The top ten shareholders do not have any changes in their shareholding due to securities lending activities[12] Cash Flow - The company reported a cash flow from operating activities of ¥8,980,451.08 for the year-to-date[4] - Cash flow from operating activities generated a net amount of ¥8,980,451.08, a recovery from a negative cash flow of ¥62,436,017.73 in the previous year[30] - Cash flow from investing activities showed a net outflow of ¥422,211,889.30, worsening from a net outflow of ¥131,248,274.32 in the same period last year[31] - Cash flow from financing activities yielded a net inflow of ¥239,975,766.95, compared to a slight outflow of ¥6,268,615.19 in the previous year[31] Equity and Investments - The equity attributable to shareholders increased by 5.81% to ¥3,613,651,944.36 compared to the previous year[5] - Long-term equity investments increased to RMB 1,674,891,998.18 as of September 30, 2025, from RMB 1,581,854,668.21 at the end of 2024, representing a rise of about 5.9%[21] - The company's retained earnings increased to RMB 383,469,161.99 as of September 30, 2025, compared to RMB 194,815,400.19 at the end of 2024, showing a significant growth of approximately 96.5%[22] Legal Matters - The company has initiated legal proceedings against parties for overdue transaction intention funds, with a court ruling in favor of the company[13] - The company has received execution funds amounting to RMB 24.48 million from legal proceedings, with remaining amounts still pending[17] - The company is closely monitoring the progress of legal matters to protect the interests of the company and its shareholders[17] Research and Development - Research and development expenses surged to ¥59,479,278.91, up from ¥26,936,007.87, indicating a growth of around 121%[26] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[32]