XCC(SH:603667)2025-10-27 09:35Financial Performance - The company's operating revenue for the third quarter reached ¥766,563,907.97, representing a year-on-year increase of 6.33%[4] - The total profit for the period was ¥30,924,342.53, reflecting an 8.46% increase compared to the same period last year[4] - The net profit attributable to shareholders was ¥23,192,938.07, showing a slight increase of 0.07% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,547,886.25, which is a significant increase of 65.15% compared to the previous year[4][9] - Total operating revenue for the first three quarters of 2025 reached ¥2,660,901,728.39, an increase of 7.6% compared to ¥2,472,924,038.44 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥109,159,074.14, compared to ¥101,374,385.10 in 2024, representing an increase of 7.5%[21] Assets and Liabilities - The company's total assets at the end of the reporting period amounted to ¥5,206,956,878.22, a decrease of 0.11% from the end of the previous year[5] - The total liabilities as of the reporting date amounted to ¥2,169,907,504.99, a decrease from ¥2,251,064,947.14 in the previous year[18] - Total current assets as of September 30, 2025, amount to ¥2,624,184,750.04, a decrease from ¥2,692,839,307.59 at the end of 2024[17] - Accounts receivable increased to ¥868,814,200.95 from ¥820,852,520.99 year-over-year[16] - Inventory decreased to ¥832,257,291.85 from ¥934,349,062.43 year-over-year[16] - Short-term borrowings increased significantly to ¥1,011,320,681.64 from ¥815,579,284.25[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 72,258[13] - The largest shareholder, Zhang Feng, holds 69,621,123 shares, representing 19.01% of total shares[13] Cash Flow and Financing Activities - The cash flow from operating activities for the year-to-date was ¥140,984,623.49, reflecting a 3.75% increase[5] - The net cash flow from financing activities was -$50.26 million, a decline from a positive $166.00 million[23] - Total cash inflow from financing activities amounted to $1.35 billion, compared to $1.22 billion in the previous period[23] - Cash outflow for financing activities was $1.40 billion, up from $1.06 billion[23] - Cash paid for debt repayment was $951.66 million, an increase from $571.98 million[23] Investment and Other Income - The company reported a government subsidy of ¥2,555,310.52 for the current period, contributing to the overall profit[7] - The company recorded an investment income of ¥1,284,508.15 in 2025, compared to a loss of ¥467,531.29 in 2024, showing improved investment performance[20] - Other comprehensive income after tax for the first three quarters of 2025 was ¥12,047,773.07, significantly higher than ¥2,849,510.82 in 2024, reflecting better overall financial health[21] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥83,502,886.14, a decrease from ¥88,990,797.00 in 2024, indicating a focus on cost management[20] Cash and Equivalents - The company’s cash and cash equivalents decreased to ¥588,994,256.82 from ¥612,595,942.63[16] - The ending balance of cash and cash equivalents was $265.58 million, slightly down from $267.72 million[23] - The impact of exchange rate changes on cash and cash equivalents was $4.58 million, compared to -$175,011.57 previously[23]