Financial Performance - The company's operating revenue for the third quarter reached ¥2,593,726,116.08, representing a year-on-year increase of 22.46%[4] - The total profit for the third quarter was ¥128,742,728.60, an increase of 80.02% compared to the same period last year[4] - The net profit attributable to shareholders for the third quarter was ¥122,797,681.23, reflecting a growth of 70.41% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was ¥119,897,568.48, up 53.58% from the previous year[4] - The company's operating revenue for the current period is ¥7,020,359,517.71, an increase from ¥5,850,030,170.64 in the previous period, representing a growth of approximately 19.97%[20] - The total operating costs increased to ¥6,695,717,523.62 from ¥5,613,972,336.01, reflecting a rise of about 19.26%[20] - The net profit for the current period is ¥308,615,289.73, compared to ¥235,606,617.93 in the previous period, indicating an increase of approximately 30.93%[21] - The basic and diluted earnings per share for the current period are both ¥1.71, up from ¥1.60 in the previous period, showing a growth of 6.88%[21] - Net profit for the first three quarters of 2025 was ¥80,697,719.49, compared to ¥46,268,202.46 in 2024, indicating a 74% increase[30] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,820,815,471.35, a 37.58% increase compared to the end of the previous year[5] - Current assets as of September 30, 2025, totaled CNY 3,853,549,965.94, up from CNY 2,599,543,945.34 at the end of December 2024, reflecting a growth of 48.25%[14] - Total liabilities as of September 30, 2025, amounted to CNY 2,003,672,545.74, compared to CNY 1,827,957,093.93, reflecting an increase of 9.62%[16] - Total assets increased to ¥2,583,849,773.12 in 2025 from ¥1,507,390,336.16 in 2024, marking a growth of 72%[28] - Total liabilities rose to ¥752,451,185.09 in 2025 from ¥589,267,158.10 in 2024, an increase of 28%[28] Equity - The equity attributable to shareholders at the end of the reporting period was ¥2,817,142,925.61, which is a 68.09% increase year-on-year[5] - Total equity increased to CNY 2,817,142,925.61 from CNY 1,675,949,945.40, showing a growth of 68.06%[16] - The company's total equity reached ¥1,831,398,588.03 in 2025, up from ¥918,123,178.06 in 2024, reflecting a growth of 99%[28] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥279,701,547.42, reflecting a significant increase due to higher procurement payment ratios[9] - The net cash flow from operating activities for the first three quarters of 2025 is ¥279,701,547.42, significantly higher than ¥3,828,894.73 in the same period of 2024[23] - Cash and cash equivalents at the end of the period increased to ¥500,444,355.06 from ¥240,725,802.90, marking a growth of approximately 108.00%[24] - The company reported a net cash outflow from investing activities of ¥346,442,063.21, compared to a smaller outflow of ¥49,355,452.12 in the previous period[24] - The net cash flow from financing activities for the current period is ¥223,730,152.84, a recovery from a net outflow of ¥4,925,762.28 in the previous period[24] - Cash flow from operating activities for the first three quarters of 2025 was ¥117,156,569.82, a significant improvement from a negative cash flow of -¥24,346,245.33 in 2024[32] Inventory and Receivables - Accounts receivable rose to CNY 1,288,391,010.82, compared to CNY 838,081,359.64, marking a significant increase of 53.73%[14] - The company has reported an increase in accounts receivable to ¥483,312,257.65 from ¥314,550,109.30, indicating a growth of approximately 53.67%[26] - The company reported a significant increase in inventory, which rose to ¥229,051,690.30 in 2025 from ¥201,873,271.06 in 2024, an increase of 13%[28] Research and Development - Research and development expenses increased to ¥65,969,232.82 in 2025 from ¥47,405,048.28 in 2024, representing a 39% rise[30] Capital Reserves - The company reported a significant increase in capital reserves, rising to CNY 1,399,191,066.14 from CNY 516,469,775.66, an increase of 170.06%[16]
永杰新材(603271) - 2025 Q3 - 季度财报