TKRT(SH:688569)2025-10-29 08:15Financial Performance - The company's operating revenue for the third quarter was ¥287,884,432, a decrease of 3.21% compared to the same period last year[4] - Total profit for the quarter reached ¥47,650,394.99, representing a significant increase of 45.71% year-over-year[4] - Net profit attributable to shareholders was ¥23,578,163.50, reflecting a 13.11% increase compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,022,155.45, up by 20.45% year-over-year[4] - The basic earnings per share for the quarter was ¥0.11, a 10.00% increase compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 was RMB 791.93 million, a decrease of 20.3% compared to RMB 993.60 million in the same period of 2024[17] - Net profit for the first three quarters of 2025 was RMB 145.54 million, down 16.3% from RMB 173.84 million in 2024[18] - Operating profit for the first three quarters of 2025 was RMB 163.57 million, a decrease of 15.7% compared to RMB 193.96 million in 2024[17] - Basic earnings per share for the first three quarters of 2025 was RMB 0.43, down from RMB 0.65 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 36,597,524.55, a decline of about 70.8% compared to CNY 125,175,673.12 in the same period of 2024[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,924,528,445.80, an increase of 1.90% from the end of the previous year[5] - The company's total equity reached CNY 3,359,716,844.23, compared to CNY 3,299,851,774.68, showing an increase of approximately 1.8%[15] - The company's total assets as of September 30, 2025, were CNY 3,066,119,536.32, compared to CNY 3,133,466,773.23 at the end of 2024[25] - Current assets totaled CNY 2,481,579,275.27 as of September 30, 2025, slightly down from CNY 2,531,159,575.87 at the end of 2024[24] - The company's total liabilities decreased to CNY 543,729,777.05 as of September 30, 2025, from CNY 575,525,440.46 at the end of 2024[25] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥104,197,553.97, a decrease of 28.28% compared to the previous year[4] - In the first three quarters of 2025, the net cash flow from operating activities was -43,836,420.10, compared to 71,313,940.24 in the same period of 2024, indicating a significant decline[31] - Total cash inflow from operating activities in 2025 was 521,026,104.12, while in 2024 it was 539,637,652.41, showing a decrease of approximately 3.5%[31] - Cash outflow from operating activities increased to 564,862,524.22 in 2025 from 468,323,712.17 in 2024, representing an increase of about 20.6%[31] - The net cash flow from investing activities in 2025 was 235,745,500.32, compared to -185,106,624.75 in 2024, indicating a positive turnaround[32] - Cash inflow from investing activities totaled 239,475,984.27 in 2025, significantly higher than 22,965,300.00 in 2024[32] - Cash outflow from investing activities rose to 3,730,483.95 in 2025 from 208,071,924.75 in 2024, showing a decrease of approximately 98.2%[32] - Cash flow from financing activities resulted in a net outflow of -73,733,345.00 in 2025, compared to -94,800,015.00 in 2024, indicating a reduction in cash outflow[32] - The ending cash and cash equivalents balance increased to 1,388,759,682.49 in 2025 from 1,130,539,422.37 in 2024, reflecting a growth of approximately 22.8%[32] Research and Development - Research and development expenses totaled ¥19,561,442.80, accounting for 6.79% of operating revenue, a decrease of 2.21 percentage points from the previous year[5] - The company reported a decrease in research and development expenses to RMB 64.07 million from RMB 68.23 million, a reduction of 6.3%[17] - Research and development expenses for the first three quarters of 2025 were CNY 41,014,246.33, compared to CNY 46,087,179.48 in the same period of 2024[27] Market and Shareholder Information - The company reported a total of 6,682 common shareholders at the end of the reporting period[10] - There are no significant changes in the shareholder structure or any related party transactions reported during the period[12] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[12] - The company has plans for market expansion and new product development, although specific details were not disclosed in the financial report[27] Miscellaneous - The weighted average return on net assets was 0.83%, an increase of 0.13 percentage points compared to the previous year[5] - The company has ongoing investments in fixed assets totaling CNY 573,426,527.95, down from CNY 593,252,443.63, reflecting a decrease of approximately 3.2%[14] - The company has not adopted new accounting standards or interpretations for the first execution year[33]