Financial Performance - Total revenue for the third quarter reached RMB 182,796,942.97, representing a year-on-year increase of 21.46%[7] - Net profit attributable to shareholders decreased by 17.89% to RMB 50,734,374.65 compared to the same period last year[7] - The total profit for the third quarter was RMB 52,308,161.65, showing a decline of 14.54% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 45,935,923.66, down 10.90% year-on-year[7] - Net profit for the first three quarters of 2025 was ¥174,109,768.79, a decrease of 6.5% from ¥185,312,027.04 in 2024[33] - Total comprehensive income for the first three quarters of 2025 is 166,919,281.15 RMB, down from 183,514,566.60 RMB in 2024, reflecting a decline of 9.0%[36] - Basic earnings per share for the first three quarters of 2025 is 1.72 RMB, compared to 1.99 RMB in 2024, indicating a decrease of 13.6%[36] Research and Development - Research and development expenses totaled RMB 38,820,117.14, an increase of 56.00% year-on-year, accounting for 21.24% of total revenue[7] - The company plans to continue strengthening its R&D efforts, as indicated by the significant increase in R&D investment[15] - Research and development expenses increased to ¥109,529,795.60 in the first three quarters of 2025, compared to ¥65,078,833.46 in 2024, reflecting a growth of 68.3%[32] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 5,113,512,174.92, reflecting a 93.02% increase from the previous year[9] - The company's equity attributable to shareholders increased by 94.57% to RMB 4,967,148,245.82 at the end of the reporting period[9] - Total assets as of September 30, 2025, amounted to ¥5,113,512,174.92, significantly higher than ¥2,649,250,831.90 at the end of 2024[30] - Total liabilities as of September 30, 2025, were ¥146,363,929.10, compared to ¥96,315,024.51 at the end of 2024, indicating an increase of 52.1%[29] - Non-current assets totaled ¥793,705,435.86 as of September 30, 2025, down from ¥1,013,069,756.50 at the end of 2024[28] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 46.55%, attributed to expanded sales and increased cash collections[15] - Cash inflow from operating activities for the first three quarters of 2025 is 651,559,134.32 RMB, an increase of 26.3% from 515,739,089.27 RMB in 2024[39] - Cash outflow from operating activities for the first three quarters of 2025 is 475,561,103.00 RMB, up from 395,644,447.67 RMB in 2024, representing an increase of 20.2%[40] - Cash flow from investing activities for the first three quarters of 2025 shows a net outflow of -2,465,387,521.44 RMB, compared to -439,257,398.39 RMB in 2024, indicating a significant increase in outflow[41] - Cash inflow from financing activities for the first three quarters of 2025 is 2,328,435,857.41 RMB, with no comparable figure provided for 2024[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 6,589[17] - The top ten shareholders hold a total of 35,154,431 shares, representing 30.86% of the total shares[18] - The number of H-share shareholders is 12, with HKSCC NOMINEES LIMITED holding shares on behalf of multiple clients[23] - There are no changes in the top ten shareholders due to securities lending or borrowing activities[24] - The company has not identified any relationships or concerted actions among the shareholders listed[21]
FORTIOR(01304) - 2025 Q3 - 季度业绩