水晶光电(002273) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 reached ¥2,102,722,764.55, representing a year-on-year increase of 2.33%[5] - Net profit attributable to shareholders was ¥482,630,738.24, up 10.98% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥479,980,733.34, reflecting a 9.18% increase year-on-year[5] - Total operating revenue for the current period reached ¥5,123,182,541.62, an increase of 8.75% compared to ¥4,709,724,778.54 in the previous period[21] - Net profit for the current period was ¥988,011,243.63, representing a 12.35% increase from ¥879,135,775.94 in the prior period[21] - The total comprehensive income for the period attributable to the parent company was CNY 974,300,128.65, an increase from CNY 859,640,244.61 in the previous period, representing a growth of approximately 13.3%[22] - Basic earnings per share increased to CNY 0.72 from CNY 0.63, reflecting a growth of 14.3% year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥12,215,677,459.11, an increase of 4.59% from the end of the previous year[5] - The company's total assets increased to ¥12,215,677,459.11 from ¥11,679,654,327.79, marking a growth of 4.59%[19] - Current assets totaled ¥4,468,035,737.00, up from ¥4,231,898,416.82, indicating an increase of 5.57%[19] - Total liabilities decreased slightly to ¥2,274,615,145.46 from ¥2,296,312,105.44, a reduction of 0.94%[19] - The equity attributable to shareholders of the parent company increased to ¥9,585,092,717.83 from ¥9,029,468,319.02, a growth of 6.12%[19] Cash Flow - Cash flow from operating activities for the year-to-date was ¥824,148,315.50, showing a significant decrease of 40.71%[5] - Net cash flow from operating activities was CNY 824,148,315.50, down from CNY 1,390,000,604.84, indicating a decline of approximately 40.8%[24] - Cash inflow from investment activities totaled CNY 2,338,058,763.19, compared to CNY 1,824,860,187.27 in the previous period, marking an increase of about 28.2%[24] - The net cash flow from investment activities was negative at CNY -1,081,163,337.70, an improvement from CNY -1,382,500,978.45 in the previous period[24] - Cash and cash equivalents at the end of the period stood at CNY 1,296,954,865.81, up from CNY 1,252,641,575.83, reflecting an increase of approximately 3.5%[24] - The company reported a net increase in cash flow from financing activities of CNY -352,193,256.01, an improvement from CNY -530,156,829.36 in the previous period[24] - The total cash inflow from operating activities was CNY 5,249,389,070.75, compared to CNY 5,094,795,321.06 in the previous period, showing a growth of about 3.0%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period was 124,670[12] - The largest shareholder, Star Group Limited, holds 8.90% of shares, equating to 123,753,273 shares[12] - The company approved a restricted stock incentive plan for 2025, granting 500,000 shares at a price of 10.07 RMB per share, representing 0.04% of total shares[13] - The eighth employee stock ownership plan has 300,000 shares unlocked, accounting for 0.02% of total shares[14] - The company has a total of 50,000 shares in the incentive plan that will be unlocked in three phases over 36 months[13] - The company has 163 participants in the employee stock ownership plan, with 9 participants disqualified due to resignation or misconduct[14] Governance and Management Changes - The company completed the election of the seventh board of directors, consisting of 12 members, including 4 independent directors[15] - The founder, Lin Min, transitioned from chairman to focus on long-term strategic development while Li Xiayun was appointed as the new chairman[15] - The company has made adjustments to its governance structure to align with the latest legal regulations, including abolishing the supervisory committee[15] - No changes were reported in the top 10 shareholders' participation in margin financing and securities lending[12] Other Financial Metrics - The basic earnings per share for the period was ¥0.35, up 9.37% year-on-year[5] - The weighted average return on equity was 5.08%, a slight increase of 0.11% compared to the previous year[5] - The company reported a significant increase in investment income, which rose by 172.13% to ¥92,366,274.12 compared to the previous year[10] - The company experienced a 290.44% increase in credit impairment losses, amounting to -¥25,593,546.66, due to changes in accounts receivable[10] - Research and development expenses for the current period were ¥297,671,170.74, compared to ¥259,492,433.34 in the previous period, an increase of 14.67%[21] - The company's cash and cash equivalents decreased to ¥1,223,657,544.60 from ¥2,061,991,141.69, a decline of 40.53%[19] - Accounts receivable rose to ¥1,561,928,485.87 from ¥1,109,518,336.78, reflecting an increase of 40.67%[19] - The company did not undergo an audit for the third quarter financial report[25]