Financial Performance - Q3 2025 revenue was CNY 164,661,928.31, a decrease of 15.58% year-over-year, while year-to-date revenue increased by 15.10% to CNY 520,511,117.89[5] - Net profit attributable to shareholders for Q3 2025 was CNY 19,973,682.55, down 43.38% year-over-year, with year-to-date net profit decreasing by 2.54% to CNY 85,943,912.62[5] - The net profit excluding non-recurring gains and losses for Q3 2025 was CNY 15,129,523.23, a decline of 54.90% year-over-year, while year-to-date it decreased by 11.68% to CNY 69,700,603.60[5] - Basic earnings per share for Q3 2025 was CNY 0.15, down 42.31% year-over-year, and diluted earnings per share was also CNY 0.15, down 42.31%[5] - Total operating revenue for the current period reached ¥520,511,117.89, an increase of 15.1% compared to ¥452,210,087.54 in the previous period[20] - Net profit for the current period was ¥86,065,429.27, slightly down from ¥88,148,537.46 in the previous period[21] - The net profit attributable to the parent company shareholders for the current period is CNY 85,943,912.62, compared to CNY 88,179,877.62 in the previous period, reflecting a decrease of approximately 1.4%[22] - The total comprehensive income for the current period is CNY 86,065,429.27, down from CNY 86,895,511.17 in the previous period, reflecting a decrease of about 0.9%[22] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 2,068,776,737.49, a decrease of 0.86% from the end of the previous year[5] - Total current assets decreased to ¥1,731,609,697.05 from ¥1,778,724,440.51, a decline of 2.6%[18] - Total non-current assets increased to ¥337,167,040.44 from ¥307,981,259.70, a growth of 9.4%[18] - Total liabilities decreased to ¥172,811,136.94 from ¥232,475,847.27, a reduction of 25.7%[18] - Total equity increased to ¥1,895,965,600.55 from ¥1,854,229,852.94, reflecting a growth of 2.3%[18] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 124,961,407.51, an increase of 290.71%[5] - The net cash flow generated from operating activities is CNY 124,961,407.51, significantly up from CNY 31,983,315.80 in the previous period, representing an increase of approximately 290%[24] - Total cash inflow from operating activities is CNY 637,575,526.95, compared to CNY 487,937,253.94 in the previous period, marking an increase of about 30.6%[24] - The total cash and cash equivalents at the end of the period is CNY 765,404,821.54, up from CNY 586,854,296.29 in the previous period, reflecting an increase of approximately 30.4%[25] - The net cash flow from investing activities is CNY 197,144,663.67, down from CNY 231,157,929.71 in the previous period, indicating a decrease of about 14.7%[24] - The net cash flow from financing activities is CNY -62,080,800.05, worsening from CNY -51,789,185.75 in the previous period, showing a decline of approximately 19.5%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,251[12] - The largest shareholder, Chen Tao, holds 36.89% of the shares, totaling 49,849,020 shares[12] - Shenzhen Weihai Investment Co., Ltd. is the second-largest shareholder with a 12.99% stake, holding 17,550,000 shares[12] - The top ten shareholders collectively hold significant stakes, with the top three alone accounting for over 61% of the total shares[12] - The total number of restricted shares at the beginning of the period was 76,617,229, with 17,550,000 shares released during the period[14] - The total number of restricted shares at the end of the period is 59,557,492[14] - The company has a clear plan for the release of restricted shares, with specific dates outlined for each shareholder[14] - The company’s major shareholders have established relationships, with Chen Tao controlling 28.41% of Weihai Investment[12] - The report indicates no changes in the participation of the top ten shareholders in margin financing and securities lending[12] - There are no preferred shareholders or changes in restricted shares reported for the period[13] Operational Metrics - Total operating costs amounted to ¥461,262,211.07, up 19.9% from ¥384,898,516.33 in the prior period[21] - Operating profit for the current period was ¥93,406,353.38, compared to a loss in the previous period[21] - Research and development expenses for the current period were ¥70,636,365.67, up from ¥65,951,551.05, indicating a focus on innovation[21] - The company reported a decrease in accounts receivable to ¥107,738,475.42 from ¥146,567,453.09, a decline of 26.5%[18] - Government subsidies recognized in Q3 2025 amounted to CNY 1,820,934.89, with year-to-date subsidies totaling CNY 6,348,979.84[7] - Investment income for the year-to-date period increased by 63.23% to CNY 15,248,651.37, driven by higher returns from large deposits and structured deposits[11] - The company reported a significant increase in prepayments by 149.40% year-over-year, reaching CNY 12,579,037.35, indicating increased operational activity[11] - The weighted average return on equity for the year-to-date period was 4.64%, a decrease of 0.28% compared to the previous year[5]
维海德(301318) - 2025 Q3 - 季度财报