HARSON(SH:603958)2025-10-27 10:15Financial Performance - The company's operating revenue for the third quarter reached ¥358,430,846.35, representing a year-on-year increase of 140.71%[4] - Year-to-date revenue until the reporting period was ¥1,057,794,109.49, showing an increase of 86.36% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 1,057,794,109.49, a significant increase from CNY 567,611,811.98 in the same period of 2024, representing an 86% growth[17] - Total operating costs for the first three quarters of 2025 were CNY 1,044,837,909.00, compared to CNY 577,618,848.02 in 2024, indicating an increase of 81%[18] - The net profit for the first three quarters of 2025 was a loss of CNY 5,772,021.36, an improvement from a loss of CNY 34,655,081.26 in the same period of 2024[19] - The operating profit for the first three quarters of 2025 was CNY 919,965.01, contrasting with a loss of CNY 20,778,642.39 in 2024[18] Profitability and Earnings - The total profit for the period was a loss of ¥11,410,405.55, while the net profit attributable to shareholders was a loss of ¥16,763,996.20[4] - The basic and diluted earnings per share for the current period were both -¥0.076[5] - The company reported a basic and diluted earnings per share of -0.084 for the first three quarters of 2025, compared to -0.189 in 2024[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,930,921,524.68, reflecting an increase of 8.46% from the end of the previous year[5] - The equity attributable to shareholders decreased to ¥688,514,251.73, a decline of 2.61% compared to the previous year-end[5] - The total liabilities increased to RMB 889,430,534.17 from RMB 778,520,884.41, reflecting a rise of about 14.2%[15] - The total liabilities amounted to CNY 1,107,830,185.07, compared to CNY 951,994,371.10 in the previous year, showing an increase of 16%[16] - The total non-current liabilities increased to CNY 218,399,650.90 from CNY 173,473,486.69 in the previous year, marking a rise of 26%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥32,460,312.15[5] - Cash flow from operating activities for the first three quarters of 2025 was CNY 1,286,164,087.56, up from CNY 668,473,124.20 in 2024, reflecting a 92% increase[22] - Net cash flow from operating activities was $32.46 million, a significant improvement from a net outflow of $13.20 million in the previous period[23] - Total cash outflow for operating activities was $1.30 billion, compared to $695.02 million in the previous period, indicating increased operational expenses[23] Investments and Acquisitions - The company plans to acquire 100% equity of Suzhou Chenling Optical Co., Ltd. and 45% equity of Suzhou Langkes Precision Hardware Co., Ltd. through a share issuance[12] - The company has not yet completed the due diligence, audit, and evaluation for the planned acquisitions, which may affect the transaction's approval[13] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 25,861,784.72, a significant increase from CNY 1,564,790.17 in 2024, indicating a focus on innovation[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,435[10] Accounting Standards - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[25]