HMT(SH:603306)2025-10-28 09:45Financial Performance - The company's operating revenue for the third quarter was ¥675,671,865.44, an increase of 18.34% compared to the same period last year[3] - The total profit for the quarter decreased by 47.06% to ¥37,894,696.72, while the net profit attributable to shareholders fell by 43.72% to ¥35,917,400.28[3] - The basic earnings per share decreased by 45.00% to ¥0.11, and diluted earnings per share also fell by 42.11% to ¥0.11[3] - Net profit for the first three quarters of 2025 was ¥161,905,952.90, a decrease of 15.3% from ¥191,268,779.27 in 2024[20] - Earnings per share for the first three quarters of 2025 were ¥0.55, down from ¥0.61 in the same period of 2024[21] - The company reported a total comprehensive income of ¥130,020,418.63 for the first three quarters of 2025, down from ¥177,550,601.27 in 2024, a decrease of 26.7%[21] Cash Flow - The net cash flow from operating activities dropped significantly by 69.45% to ¥65,310,133.05[3] - The cash received from sales and services decreased significantly, accounting for 80.09% of the total reduction in net cash flow from operating activities[8] - The net cash flow from operating activities was $194,599,279.67, a decrease of 61.8% compared to $510,252,450.58 in the previous period[23] - Cash inflow from investment activities totaled $40,969,101.34, significantly lower than $930,650,810.45 from the prior period[23] - The total cash and cash equivalents at the end of the period stood at $966,255,277.83, down from $1,378,234,278.70 at the beginning of the period[24] - The company reported a net increase in cash and cash equivalents of -$159,562,942.97, compared to -$102,283,804.43 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,864,754,474.93, reflecting a 9.19% increase from the end of the previous year[4] - The equity attributable to shareholders decreased by 11.17% to ¥3,363,507,381.94 compared to the end of the previous year[4] - Total current assets as of September 30, 2025, amounted to RMB 2,402,204,522.98, a decrease from RMB 2,464,406,047.41 as of December 31, 2024[15] - Total liabilities increased to ¥2,329,271,473.26 in 2025 from ¥1,464,637,297.46 in 2024, reflecting a growth of 58.9%[17] - Total equity decreased to ¥3,535,483,001.67 in 2025 from ¥3,906,262,930.15 in 2024, a decline of 9.5%[17] Operational Efficiency and Future Plans - The company reported a significant decline in net profit due to increased costs from the employee stock ownership plan and lower profitability from its Vietnam subsidiary[7] - The company plans to focus on improving operational efficiency and exploring new market opportunities to enhance future performance[7] Shareholder Information - Total number of common shareholders at the end of the reporting period was 28,529[10] - The largest shareholder, Dongyang Huasheng Enterprise Management Partnership, holds 49,228,260 shares, representing 14.94% of total shares[11] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥84,677,074.95, compared to ¥71,355,522.06 in 2024, indicating a 18.7% increase[20] - Other income for the first three quarters of 2025 was ¥20,333,796.49, up from ¥18,526,402.21 in 2024, reflecting a growth of 9.7%[20]