USISH(SH:601231)2025-10-28 09:15Financial Performance - The company's operating revenue for the third quarter was CNY 16.43 billion, a decrease of 1.16% compared to the same period last year[6]. - Total profit for the quarter reached CNY 720.95 million, representing a year-on-year increase of 30.45%[6]. - Net profit attributable to shareholders was CNY 625.16 million, up 21.98% from the previous year[6]. - The basic earnings per share increased to CNY 0.29, reflecting a growth of 26.09% year-on-year[6]. - Total revenue for the first three quarters of 2025 was CNY 43.64 billion, a decrease of 0.83% compared to CNY 44.01 billion in the same period of 2024[22]. - Operating profit for the first three quarters of 2025 was CNY 1.47 billion, an increase of 6.32% from CNY 1.38 billion in the first three quarters of 2024[22]. - Net profit for the first three quarters of 2025 was CNY 1.24 billion, a decrease of 4.49% compared to CNY 1.30 billion in the same period of 2024[22]. - The company reported a total comprehensive income of CNY 1.41 billion for the first three quarters of 2025, compared to CNY 1.14 billion in the same period of 2024, indicating a growth of 23.36%[23]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 42.14 billion, an increase of 5.36% compared to the beginning of the year[6]. - Total liabilities rose to CNY 23.22 billion as of September 30, 2025, compared to CNY 21.94 billion at the end of 2024[20]. - Cash and cash equivalents amounted to CNY 12.55 billion as of September 30, 2025, slightly up from CNY 12.49 billion at the end of 2024[20]. - Inventory increased to CNY 8.27 billion as of September 30, 2025, compared to CNY 7.75 billion at the end of 2024, reflecting a growth of 6.69%[20]. Cash Flow - The company reported a net cash flow from operating activities of CNY 1.83 billion for the year-to-date, a decrease of 8.66% compared to the previous year[6]. - In the first three quarters of 2025, the net cash flow from operating activities was ¥1,825,362,364.40, a decrease of 8.7% compared to ¥1,998,511,578.74 in the same period of 2024[26]. - Total cash inflow from operating activities was ¥43,600,319,831.61, down 1.9% from ¥44,427,827,352.38 year-over-year[26]. - Cash outflow from operating activities totaled ¥41,774,957,467.21, a decrease of 1.5% compared to ¥42,429,315,773.64 in the previous year[26]. - The net cash flow from investing activities was -¥1,234,130,307.64, worsening from -¥978,084,781.09 in the same period last year[26]. - Cash inflow from investing activities was ¥7,540,285,433.78, down 35.4% from ¥11,587,928,314.15 year-over-year[26]. - Cash outflow from investing activities decreased to ¥8,774,415,741.42 from ¥12,566,013,095.24, a reduction of 30.5%[26]. - The net cash flow from financing activities was -¥585,367,520.50, an improvement from -¥1,439,024,641.02 in the previous year[27]. - Total cash inflow from financing activities increased to ¥6,254,916,194.83, up 13.4% from ¥5,518,053,129.57 year-over-year[27]. - The ending balance of cash and cash equivalents was ¥12,517,620,777.87, an increase from ¥10,726,237,135.91 at the end of the previous year[27]. Market and Strategic Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[6]. - The company plans to focus on market expansion and new product development as part of its future strategy[17]. - The company expects fourth-quarter revenue to be similar to the previous year, influenced by a decrease in key material procurement costs for communication products[16]. - The company emphasizes that its future operational goals are subject to uncertainties due to external market conditions[17]. - The company's operating profit margin is expected to remain stable year-over-year despite revenue fluctuations[16]. Shareholder Information - The company has a total of 1,683,749,126 shares held by Huan Cheng Technology Co., Ltd., representing 76.5% of the total shares[15]. - The top ten shareholders include various investment funds and banks, with the largest being Huan Cheng Technology Co., Ltd.[15].