Financial Performance - The company's operating revenue for Q3 2025 reached ¥307,157,970.85, representing a 10.66% increase compared to the same period last year[5] - Total profit for the quarter was ¥130,408,150.45, marking a significant increase of 77.02% year-over-year[5] - Net profit attributable to shareholders was ¥125,054,479.05, reflecting a 75.70% growth compared to the previous year[5] - The company reported a basic earnings per share of ¥1.10, up 74.60% from ¥0.63 in the same quarter last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥830,238,833.67, a significant increase of 32% compared to ¥629,467,857.08 in the same period of 2024[23] - Net profit attributable to shareholders for the year-to-date period increased by 89.11%, supported by software licensing revenue growth[11] - The net profit for the first three quarters of 2025 reached CNY 326,573,448, a significant increase from CNY 170,876,998 in the same period of 2024, representing an increase of approximately 91%[25] - Operating profit for the current period was CNY 349,487,278, compared to CNY 173,212,448 in the previous year, indicating a growth of about 102%[25] - The basic and diluted earnings per share for the current period were CNY 2.91, compared to CNY 1.85 in the same period last year, representing a growth of approximately 57%[25] Research and Development - Research and development expenses totaled ¥64,487,891.92, which is 21.00% of operating revenue, an increase of 3.06 percentage points year-over-year[5] - Research and development expenses increased to ¥176,240,472.83 in 2025 from ¥141,721,528.88 in 2024, indicating a growth of about 24%[23] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥109,585,988.15, up 46.74% from the same period last year[5] - The company's cash and cash equivalents stood at ¥2,820,712,408.88 as of September 30, 2025, compared to ¥2,980,399,826.30 at the end of 2024, reflecting a decrease of approximately 5.4%[18] - The cash flow from operating activities showed a net inflow of CNY 109,585,988, compared to CNY 74,682,368 in the previous year, marking an increase of about 46%[28] - Cash and cash equivalents at the end of the period totaled CNY 2,819,020,441, compared to CNY 2,701,664,399 at the end of the previous year, showing an increase of approximately 4.4%[28] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥4,068,166,468.66, a 7.42% increase from the end of the previous year[6] - The total assets as of September 30, 2025, amounted to ¥4,068,166,468.66, compared to ¥3,787,239,041.00 at the end of 2024, representing an increase of approximately 7.4%[20] - The total liabilities as of September 30, 2025, were ¥546,808,189.19, slightly up from ¥524,510,209.53 in 2024, showing an increase of about 4.6%[20] - The total current assets increased to ¥3,558,160,875.62 in 2025 from ¥3,464,553,540.01 in 2024, marking a growth of about 2.7%[18] - The company's retained earnings rose to ¥1,525,423,540.07 as of September 30, 2025, compared to ¥1,263,637,972.40 in 2024, indicating an increase of approximately 20.7%[20] - The total equity attributable to shareholders increased to ¥3,499,337,568.80 in 2025 from ¥3,237,552,001.13 in 2024, reflecting a growth of about 8.1%[20] Government Support and Subsidies - The company received government subsidies amounting to ¥10,987,152.26 during the quarter, contributing positively to its financial performance[7] - The company reported a total of ¥47,620,595.71 in VAT refunds, which are closely related to its normal business operations[10] Strategic Focus - The company is focused on innovation-driven strategies, market expansion, and brand building to sustain growth[11] - The company has committed to not reducing its shareholding in the next 12 months, ensuring stability for investors[15] Investment Activities - The company incurred a credit impairment loss of CNY 18,943,608, compared to CNY 9,377,793 in the previous year, indicating an increase of about 102%[25] - The company’s investment activities resulted in a net cash outflow of CNY 216,626,439, compared to CNY 92,024,518 in the previous year, reflecting an increase in investment expenditures[28] - The company’s financing activities generated a net cash outflow of CNY 52,859,992, contrasting with a net inflow of CNY 1,607,977,956 in the previous year, indicating a significant change in financing strategy[28]
达梦数据(688692) - 2025 Q3 - 季度财报