纵横通信(603602) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥517,688,711.44, an increase of 19.61% compared to the same period last year[4] - The net profit attributable to shareholders was ¥18,850,962.68, representing a significant increase of 43.49% year-on-year[4] - The total profit for the third quarter was ¥22,263,183.86, an increase of 18.84% year-on-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 1,315,175,454.03, a decrease of 1.0% compared to CNY 1,340,251,667.49 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 33,157,959.31, down 15.2% from CNY 39,098,616.09 in the first three quarters of 2024[20] - Earnings attributable to shareholders of the parent company for the first three quarters of 2025 were CNY 30,591,724.37, an increase of 44.5% from CNY 21,189,475.35 in the same period of 2024[21] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,526,678,851.37, reflecting an increase of 8.38% from the end of the previous year[5] - The company's total assets amounted to CNY 2,526,678,851.37, an increase from CNY 2,331,232,251.85 as of December 31, 2024, reflecting a growth of approximately 8.4%[14] - The company's current assets totaled CNY 1,922,101,926.30, up from CNY 1,717,072,810.98, indicating an increase of about 11.9%[15] - The company's total liabilities increased to CNY 1,446,540,876.92 from CNY 1,276,540,242.35, which is an increase of about 13.3%[16] - The total equity of the company was CNY 1,080,137,974.45, up from CNY 1,054,691,009.50, indicating a growth of about 2.4%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was reported at -¥226,032,977.34[4] - Cash flow from operating activities for the first three quarters of 2025 was negative at CNY -226,032,977.34, slightly worse than CNY -225,654,873.54 in the same period of 2024[22] - The net cash flow from investing activities was -$48.5 million, a decrease from -$182.2 million year-over-year[23] - Cash inflow from financing activities totaled $877.4 million, compared to $446.2 million in the previous period[23] - The net cash flow from financing activities was $278.8 million, slightly down from $293.8 million year-over-year[23] - The company reported a net increase in cash and cash equivalents of $4.3 million, contrasting with a decrease of $114.1 million in the prior year[23] - The ending balance of cash and cash equivalents was $197.8 million, compared to $149.5 million in the previous period[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,684[10] - The company reported a total of 6,926,800 shares held in its repurchase account, accounting for 3.02% of total shares[12] - The company has not disclosed any significant changes in shareholder relationships or actions among the top ten shareholders[12] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 53,724,006.20, compared to CNY 49,691,214.56 in the same period of 2024, reflecting a 6.1% increase[18] Other Financial Metrics - The weighted average return on equity was 1.79%, a decrease of 0.02 percentage points compared to the previous year[5] - The company reported a gross profit margin of approximately 1.3% for the first three quarters of 2025, down from the previous year[18] - The company’s total costs for the first three quarters of 2025 were CNY 1,298,101,127.46, an increase of 0.9% from CNY 1,286,300,186.41 in the same period of 2024[18] - Basic earnings per share for the first three quarters of 2025 were CNY 0.13, up from CNY 0.11 in the same period of 2024[21] Accounting Standards - The company did not apply new accounting standards starting from 2025[24]