FFEC(SH:600203)2025-10-27 10:30Financial Performance - The company's operating revenue for the third quarter reached ¥4,007,500,559.64, representing a year-on-year increase of 58.33%[5] - The total profit for the period was ¥70,042,856.47, with a net profit attributable to shareholders of ¥65,277,958.21[5] - Basic and diluted earnings per share for the third quarter were both ¥0.1101[5] - The net profit attributable to shareholders for the year-to-date period was ¥87,362,400.85, showing a year-on-year increase of 19.11%[5] - The company reported a significant increase in long-term borrowings to RMB 359,440,000.00 from ¥100,000,000.00, representing a growth of 259.4%[18] - Net profit for the current period reached ¥100,129,520.66, a significant recovery from a net loss of ¥131,797,150.47 in the previous year[21] - The total comprehensive income for the period was ¥101,503,958.02, a recovery from a loss of ¥131,095,949.49 in the previous year[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥115,771,074.02, indicating cash outflow[5] - Cash flow from operating activities showed a net outflow of ¥115,771,074.02, an improvement from a net outflow of ¥693,198,384.09 in the previous year[25] - Cash and cash equivalents at the end of the period decreased to ¥840,024,165.06 from ¥1,199,216,095.34, reflecting a decline of approximately 30%[26] - The net cash flow from operating activities was -9,489,005.50 RMB for the first three quarters of 2025, an improvement from -13,746,930.37 RMB in 2024[33] - Cash inflow from operating activities for the first three quarters of 2025 was 156,839,263.44 RMB, significantly up from 61,706,050.06 RMB in 2024, representing an increase of approximately 154%[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,532,641,790.03, reflecting a 10.30% increase from the end of the previous year[6] - Current assets as of September 30, 2025, totaled RMB 6,252,167,042.17, up from RMB 5,387,591,804.84 at the end of 2024, reflecting a growth of 16.1%[16] - Total liabilities as of September 30, 2025, amounted to RMB 6,721,746,992.00, compared to RMB 6,004,758,265.93 at the end of 2024, indicating a growth of 11.9%[18] - Total assets as of September 30, 2025, amounted to CNY 3,884,319,081.97, a decrease from CNY 3,986,058,016.82 as of December 31, 2024[30] - Total liabilities as of September 30, 2025, were CNY 866,967,906.57, an increase from CNY 700,542,730.26 as of December 31, 2024[30] Revenue and Costs - Total operating revenue for the first three quarters of 2025 reached RMB 9,340,211,891.76, an increase of 19.1% compared to RMB 7,841,600,746.97 in the same period of 2024[20] - Total operating costs increased to ¥9,234,970,977.10 from ¥7,949,250,325.22, representing a growth of approximately 16.2% year-over-year[21] - The company achieved a total revenue of ¥8,832,980,443.13 from sales of goods and services, compared to ¥8,646,153,185.91 in the previous year, marking a growth of about 2.2%[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 142,465[12] - The company's basic and diluted earnings per share improved to ¥0.1473 from a loss of ¥0.2261 in the previous year[22] Investment Activities - Investment activities resulted in a net cash outflow of ¥99,557,670.65, contrasting with a net inflow of ¥143,646,385.29 in the same period last year[26] - The company received 754,677,801.00 RMB from investment recoveries in 2025, compared to 400,000,000.00 RMB in 2024, indicating a significant increase[34] Research and Development - Research and development expenses rose to ¥191,210,701.90, up from ¥185,318,202.55, indicating a focus on innovation[21] Other Financial Metrics - Non-recurring gains and losses for the period totaled ¥3,731,820.16, with government subsidies contributing significantly[8] - Financial expenses for the first three quarters of 2025 were CNY 18,929,396.05, compared to CNY 16,732,059.59 in the same period of 2024[32] - Other comprehensive income after tax for the first three quarters of 2025 was CNY 1,487,068.95, compared to CNY 867,442.34 in the same period of 2024[32]