ENC(SH:603869)2025-10-28 09:45Financial Performance - The company's operating revenue for the third quarter reached ¥142,331,817.37, an increase of 24.60% compared to the same period last year[4] - The total profit for the third quarter was ¥24,718,585.39, with a year-to-date profit increase of 616.99% to ¥55,072,531.88[4] - Net profit attributable to shareholders for the third quarter was ¥20,045,422.61, reflecting an increase of 87.48% year-to-date, totaling ¥36,957,962.37[4] - Total operating revenue for the first three quarters of 2025 reached ¥419,020,560.39, a slight increase from ¥416,049,632.81 in the same period of 2024, representing a growth of approximately 0.47%[20] - Net profit for the first three quarters of 2025 was ¥35,426,592.43, up from ¥18,028,677.97 in 2024, reflecting an increase of approximately 96.5%[21] - Basic and diluted earnings per share for the third quarter were both ¥0.04, representing a 100% increase year-to-date[5] - Earnings per share (EPS) for the first three quarters of 2025 was ¥0.08, doubling from ¥0.04 in the same period of 2024[21] Cash Flow and Investments - The net cash flow from operating activities for the third quarter was ¥112,717,245.31, an increase of 37.96% compared to the previous quarter[5] - Operating cash flow for the first nine months was $94,673,964, a decrease of 40% compared to $157,847,996 in the same period last year[24] - Total cash inflow from operating activities was $658,838,680, while cash outflow was $564,164,716, resulting in a net cash flow from operating activities of $94,673,964[24] - Cash flow from financing activities resulted in a net outflow of $7,228,519, contrasting with a net inflow of $377,897,583 in the same period last year[25] - The company reported a total cash and cash equivalents balance of $677,660,081 at the end of the period, down from $846,113,627 at the end of the previous year[25] - The company experienced a net decrease in cash and cash equivalents of $193,021,499, compared to a decrease of $3,099,619 in the previous year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,695,988,860.44, a 1.68% increase from the end of the previous year[5] - Current assets total 2,452,520,396.54 RMB, down from 2,578,363,252.36 RMB in the previous year[16] - The total liabilities increased to ¥929,618,342.04 from ¥881,423,480.86, showing a rise of about 5.45%[20] - The total liabilities include short-term borrowings of 50,609,555.25 RMB, slightly up from 49,922,595.02 RMB[16] - The company has a goodwill amounting to 551,723,866.61 RMB, unchanged from the previous year[16] - Total equity rose to ¥3,766,370,518.40 from ¥3,736,886,838.53, indicating a growth of approximately 0.79%[20] Cost Management - The company has implemented cost reduction measures, leading to a decrease in operating expenses[9] - Total operating costs decreased to ¥382,062,904.65 from ¥415,011,400.59, marking a reduction of about 7.93%[20] - Research and development expenses decreased to ¥22,647,238.14 from ¥50,123,034.53, a reduction of about 54.8%[20] - The company reported a significant decrease in sales expenses, which fell to ¥37,270,867.40 from ¥58,712,375.80, a decline of approximately 36.5%[20] Business Strategy and Development - The company's focus on optimizing resource allocation and enhancing core business operations contributed to significant profit growth[9] - The company has made progress in its new computing power business, which has positively impacted overall revenue growth[9] - The company is focusing on the development of intelligent security and enterprise digitalization as part of its core business strategy[9] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,187[12] - The largest shareholder, Xin'ao Energy Supply Chain Co., Ltd., holds 212,841,072 shares, accounting for 43.08% of total shares[12] Financial Performance Changes - The company experienced a credit impairment loss of ¥9,348,519.87, compared to a gain of ¥13,781,509.19 in the previous year, indicating a shift in financial performance[20] - The company paid $50,000,000 in debt repayment during the financing activities, compared to $279,579,859 in the previous year[25] - The company received $34,308,621 in investment income, a significant increase from $7,953,747 in the same period last year[24]