2025-10-28 12:05Financial Performance - Total operating revenue for Q3 2025 was ¥139,249,323.84, a decrease of 85.48% compared to the same period last year[5] - Net profit attributable to shareholders was ¥5,695,374.68, an increase of 57.36% year-on-year, but a decrease of 87.27% year-to-date[5] - Basic earnings per share for the period was ¥0.0057, up 56.98% from the previous year, but down 87.12% year-to-date[5] - Total operating revenue decreased by 76.77% to CNY 461,782,507.83 from CNY 1,987,514,255.44 due to changes in accounting treatment for related trade business[11] - Net profit declined by 87.27% to CNY 2,089,726.41 from CNY 16,419,986.60, primarily due to a decrease in total profit[13] - Total profit decreased by 93.16% to CNY 1,487,510.52 from CNY 21,756,815.18, mainly due to reduced brokerage income and net interest income[13] - Other income decreased by 81.26% to CNY 159,270.48 from CNY 849,855.78, mainly due to a reduction in government subsidies received[11] - The company reported a comprehensive income total of CNY 200,542.79, down 98.67% from CNY 15,093,914.36, primarily due to the decrease in net profit[13] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,532,567,660.71, an increase of 7.12% compared to the end of the previous year[5] - Total assets increased to ¥12,532,567,660.71 from ¥11,699,369,620.88, reflecting a growth of approximately 7.1%[24] - The company’s total liabilities increased significantly, with derivative financial liabilities rising by 276.99% due to changes in fair value[10] - Total liabilities rose to ¥10,665,666,242.37, compared to ¥9,822,590,967.55 in the previous period, marking an increase of about 8.6%[24] - The company’s equity attributable to shareholders decreased slightly by 0.53% compared to the end of the previous year[5] - The company’s total equity attributable to shareholders decreased to ¥1,866,901,418.34 from ¥1,876,778,653.33, a decline of approximately 0.6%[24] Cash Flow - The company reported a significant decrease in cash flow from operating activities, with a net cash flow of ¥874,254,026.51, down 64.13% year-to-date[5] - The company reported a net cash inflow from operating activities of ¥2,461,842,435.31, up from ¥1,910,946,174.05 in the previous period, representing an increase of approximately 28.8%[27] - Net cash flow from operating activities was 874,254,026.51, a decrease of 64% compared to 2,436,949,452.19 in the previous period[28] - The net increase in cash and cash equivalents was 759,810,690.19, compared to 2,103,541,245.20 in the previous period, reflecting a decrease of approximately 64%[29] - Cash received from investment recoveries was 16,279,510,787.30, compared to 13,432,271,923.36, marking an increase of about 21%[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 54,428[15] - Jiangsu Suhao Holding Group Co., Ltd. holds 27.33% of shares, totaling 275,456,777 shares[15] - A total of 431,642,122 shares, representing 42.83% of the total share capital, will be released from restrictions on August 8, 2025[20] Investment and Financial Assets - The company’s other receivables increased by 40.13%, indicating an increase in amounts owed by counterparties[10] - Derivative financial assets decreased by 95.84% due to a reduction in the scale of options contracts held by a subsidiary[10] - The company’s financial investments increased to ¥407,337,051.29 from ¥319,257,374.35[22] - The trading financial assets rose to ¥376,799,863.28 from ¥280,696,608.62[22] Operating Expenses - Operating expenses decreased by 76.59% to CNY 460,717,530.65 from CNY 1,968,292,877.76, also due to changes in accounting treatment[12] - The company’s total operating expenses for the current period are ¥460,717,530.65, compared to ¥1,968,292,877.76 in the previous period, a decrease of about 76.6%[25]