NJEC(SH:600699)2025-10-29 09:45Financial Performance - The company's operating revenue for Q3 2025 reached ¥15,497,417,581.73, representing a year-on-year increase of 10.25%[4] - The total profit for the period was ¥597,381,623.68, showing a decrease of 6.05% compared to the same period last year[4] - Net profit attributable to shareholders was ¥412,608,865.30, reflecting a significant increase of 35.40% year-on-year[4] - The basic earnings per share for the quarter was ¥0.30, up 36.36% from the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥45.84 billion, an increase of 11.5% compared to ¥41.13 billion in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥1.84 billion, up from ¥1.78 billion in the same period of 2024, reflecting a growth of 3.8%[19] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥1.12 billion, compared to ¥941.50 million in 2024, representing a year-on-year increase of 18.9%[20] - The company reported a comprehensive income total of ¥2.12 billion for the first three quarters of 2025, compared to ¥570 million in 2024, indicating a substantial increase[20] - Basic earnings per share for the first three quarters of 2025 were ¥0.81, up from ¥0.67 in the same period of 2024, representing a growth of 20.9%[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥68,679,430,225.81, an increase of 7.03% compared to the end of the previous year[5] - Total assets increased to ¥68.68 billion in 2025 from ¥64.17 billion in 2024, marking a growth of 7.8%[16] - Total liabilities rose to ¥47.54 billion in 2025, up from ¥44.32 billion in 2024, indicating an increase of 5.0%[16] - Total current assets as of September 30, 2025, amounted to ¥32,149,607,961.67, an increase from ¥30,088,535,413.33 at the end of 2024[14] - Inventory as of September 30, 2025, was ¥11,281,424,841.45, up from ¥10,538,159,090.50 at the end of 2024[14] - Cash and cash equivalents stood at ¥7,204,544,902.78, slightly down from ¥7,262,612,109.21 at the end of 2024[14] - The company reported accounts receivable of ¥9,058,489,252.63, an increase from ¥8,678,239,875.31 at the end of 2024[14] - Long-term equity investments reached ¥200,900,093.22, compared to ¥167,559,851.63 at the end of 2024[14] - The company’s goodwill as of September 30, 2025, was ¥7,250,091,006.84, slightly up from ¥7,216,314,555.77 at the end of 2024[14] - The company’s total non-current assets were valued at ¥40,000,000,000.00 as of September 30, 2025[14] Shareholder Information - Total number of common shareholders at the end of the reporting period was 126,515[11] - The largest shareholder, Junsheng Group Co., Ltd., holds 520,669,101 shares, representing 37.31% of total shares[11] Cash Flow and Investments - The company's cash flow from operating activities for the first three quarters of 2025 showed a positive trend, contributing to overall financial stability[22] - In the first three quarters of 2025, the cash inflow from operating activities reached ¥52.25 billion, an increase of 15.4% compared to ¥45.34 billion in the same period of 2024[23] - The net cash flow from operating activities for the first three quarters of 2025 was ¥3.64 billion, up from ¥3.05 billion in 2024, representing a growth of 19.2%[23] - The cash outflow from investment activities totaled ¥6.93 billion in 2025, significantly higher than ¥2.74 billion in 2024, leading to a net cash flow from investment activities of -¥3.34 billion[23] - Cash inflow from financing activities was ¥10.85 billion in 2025, down from ¥14.51 billion in 2024, resulting in a net cash flow from financing activities of -¥0.38 billion[25] - The total cash and cash equivalents at the end of Q3 2025 stood at ¥6.02 billion, a decrease from ¥6.48 billion at the end of Q3 2024[25] - The company received ¥134.07 million in investment income during the first three quarters of 2025, compared to ¥30.22 million in the same period of 2024, marking an increase of 343.5%[23] - The cash inflow from other investment-related activities was ¥3.24 billion in 2025, a substantial increase from ¥641.70 million in 2024[23] - The cash outflow for purchasing fixed assets and other long-term assets was ¥3.07 billion in 2025, compared to ¥2.49 billion in 2024, indicating a rise of 23.4%[23] - The company paid ¥9.03 billion in employee-related cash during the first three quarters of 2025, an increase from ¥8.05 billion in 2024, reflecting a growth of 12.1%[23] - The cash flow from tax payments was ¥1.74 billion in 2025, compared to ¥1.51 billion in 2024, showing an increase of 15.0%[23] Business Strategy - New business orders in Q3 2025 surged, with total new orders amounting to approximately ¥402 billion for the quarter, and ¥714 billion for the first three quarters[8] - The company achieved a net profit of approximately ¥1.12 billion for the first three quarters of 2025, a year-on-year growth of about 19.0%[8] - The gross profit margin for the first three quarters of 2025 improved by approximately 2.7 percentage points to 18.3%[8] - The company plans to continue enhancing its core competitiveness and expanding into new business areas, particularly in smart driving technologies[8] - Research and development expenses for the first three quarters of 2025 amounted to ¥2.56 billion, a significant increase of 44.3% from ¥1.77 billion in the same period of 2024[19] - The weighted average return on equity increased to 2.84%, reflecting an improvement of 0.72 percentage points[5]