TC(SH:603085)2025-10-28 08:05Financial Performance - The company's operating revenue for Q3 2025 reached ¥699,216,859.91, representing a year-on-year increase of 21.07%[2] - Total profit for the period was ¥39,616,801.93, a significant increase of 219.47% compared to the same period last year[2] - Net profit attributable to shareholders was ¥27,056,940.66, reflecting a year-on-year growth of 158.24%[2] - The net profit after deducting non-recurring gains and losses was ¥24,652,003.31, up 258.52% year-on-year[2] - The basic earnings per share for the period was ¥0.07, an increase of 133.33% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2025 reached ¥1,854,933,263.18, a 27.2% increase from ¥1,457,082,560.95 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was ¥50,327,859.21, compared to ¥26,248,885.64 in 2024, representing a 91.6% increase[18] - Operating profit for the first three quarters of 2025 was ¥77,855,982.60, significantly higher than ¥18,069,098.25 in 2024[17] - The company reported a total comprehensive income of ¥31,390,617.54 for the first three quarters of 2025, compared to ¥16,041,976.28 in 2024[18] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.13, up from ¥0.07 in 2024[18] Assets and Liabilities - Total assets at the end of the period amounted to ¥3,508,473,710.44, a 3.36% increase from the end of the previous year[3] - As of September 30, 2025, the total assets of Zhejiang Tiancheng Automation Co., Ltd. amounted to RMB 3,508,473,710.44, an increase from RMB 3,394,553,409.59 as of December 31, 2024, reflecting a growth of approximately 3.35%[12][14] - The company's current assets totaled RMB 1,922,115,357.46, compared to RMB 1,888,311,766.57 in the previous period, indicating an increase of about 1.79%[12][14] - The total liabilities of the company were RMB 2,617,071,649.47, compared to RMB 2,534,640,275.93, marking an increase of approximately 3.25%[12][14] - The total equity attributable to shareholders increased to RMB 891,402,060.97 from RMB 859,913,133.66, reflecting a growth of about 3.1%[12][14] Cash Flow - The net cash flow from operating activities for the year-to-date reached ¥287,569,720.92, a remarkable increase of 409.97%[2] - Cash flow from operating activities for the first three quarters of 2025 was ¥287,569,720.92, compared to ¥56,389,735.72 in 2024, indicating a substantial improvement[21] - Cash and cash equivalents at the end of the third quarter of 2025 were ¥71,909,096.32, down from ¥88,626,193.29 at the end of the same period in 2024[23] - The company experienced a net cash outflow from financing activities of ¥176,252,701.61 in 2025, compared to a net inflow of ¥148,229,504.87 in 2024[23] Operational Metrics - The company's accounts receivable rose to RMB 920,868,889.78, compared to RMB 794,306,879.60, indicating an increase of approximately 15.9%[12][14] - The inventory level rose to RMB 603,404,306.56, up from RMB 483,639,005.54, representing a significant increase of approximately 24.8%[12][14] - Short-term borrowings decreased to RMB 291,501,329.92 from RMB 424,131,638.83, a reduction of about 31.2%[12][14] - The company's net loss for the period was RMB 464,405,930.21, an improvement from a loss of RMB 514,733,789.42 in the previous period[12][14] - Research and development expenses rose to ¥104,602,573.39 in 2025, an increase of 31.1% from ¥79,742,819.27 in 2024[17] - The company attributed the significant profit increases to a rise in business orders and sales volume of main products[6]