FUDA ALLOY(SH:603045)2025-10-29 09:45Financial Performance - The company's operating revenue for the third quarter reached ¥1,256,357,207.50, an increase of 24.35% compared to the same period last year[4] - The total profit for the quarter was ¥29,599,805.88, reflecting a significant increase of 2,291.37% year-over-year[4] - Net profit attributable to shareholders was ¥30,635,915.21, up 508.82% from the previous year[4] - The basic earnings per share for the quarter was ¥0.2262, representing a 509.70% increase compared to the same period last year[5] - The net profit for the year-to-date period reached ¥55,504,175.69, an increase of 33.52% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 3,496,846,186.44, a 30.0% increase from CNY 2,689,363,050.89 in the same period of 2024[20] - Operating profit for the first three quarters of 2025 was CNY 56,429,612.10, up 56.1% from CNY 36,154,632.84 in 2024[21] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was CNY 55,504,175.69, compared to CNY 41,568,485.16 in 2024, representing a 33.5% increase[22] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.4098, compared to CNY 0.3069 in 2024, indicating enhanced profitability per share[22] - The total comprehensive income for the first three quarters of 2025 was CNY 54,295,171.35, compared to CNY 41,578,978.01 in 2024, reflecting overall growth[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,904,822,406.32, a 16.05% increase from the end of the previous year[5] - As of September 30, 2025, the company's total assets reached CNY 2,904,822,406.32, an increase from CNY 2,502,975,140.83 as of December 31, 2024, representing a growth of approximately 16.0%[15] - Total liabilities increased to CNY 1,879,756,089.97 in 2025 from CNY 1,532,069,977.75 in 2024, indicating a growth in financial obligations[18] - The company's total equity rose to CNY 1,025,066,316.35 in 2025, up from CNY 970,905,163.08 in 2024, showing improved financial health[18] Cash Flow - Cash flow from operating activities for the quarter was negative at -¥34,892,502.55[4] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately ¥3.81 billion, a significant increase of 30.7% compared to ¥2.91 billion in the same period of 2024[24] - Net cash outflow from operating activities was ¥203.98 million, worsening from a net outflow of ¥127.01 million in the previous year[25] - Cash inflow from investment activities totaled ¥4.31 million, up from ¥1.60 million in the first three quarters of 2024[25] - Net cash outflow from investment activities was ¥34.61 million, compared to a net outflow of ¥30.75 million in the same period last year[25] - Cash inflow from financing activities amounted to ¥1.85 billion, an increase from ¥1.26 billion in the first three quarters of 2024[25] - Net cash flow from financing activities improved to ¥333.22 million, up from ¥128.89 million in the previous year[25] - The company's cash and cash equivalents at the end of the period stood at ¥167.25 million, an increase from ¥137.87 million at the end of the same period in 2024[25] Shareholder Information - The company had a total of 13,845 common shareholders at the end of the reporting period[10] Regulatory and Compliance - The company plans to acquire a 52.61% stake in Zhejiang Guangda Electronic Technology Co., Ltd. for a total consideration of CNY 352.50 million, pending shareholder and regulatory approvals[12] - The company received an inquiry letter from the Shanghai Stock Exchange regarding the major asset purchase, indicating ongoing regulatory scrutiny[13] - The company is actively organizing responses to the inquiry letter from the Shanghai Stock Exchange to ensure compliance with disclosure obligations[13] Operational Insights - The increase in revenue and profit was primarily driven by higher sales volume and improved cost control measures[8] - Research and development expenses for the first three quarters of 2025 amounted to CNY 111,720,831.72, an increase from CNY 94,930,026.94 in 2024, reflecting a focus on innovation[20] - The company's total operating costs for the first three quarters of 2025 were CNY 3,450,158,121.74, an increase from CNY 2,661,085,734.41 in 2024, highlighting rising operational expenses[20] - The company reported a decrease in credit impairment losses to CNY -2,997,729.23 in 2025 from CNY -9,470,294.23 in 2024, indicating improved credit quality[21] Inventory and Receivables - Accounts receivable increased to CNY 799,547,391.19 from CNY 724,461,072.11, reflecting a rise of about 10.4%[15] - Inventory levels rose to CNY 790,710,136.87 compared to CNY 776,561,593.79, marking an increase of approximately 1.5%[16] - Short-term borrowings surged to CNY 793,296,144.49 from CNY 547,469,215.39, representing an increase of around 44.9%[16] - The total current liabilities increased, with accounts payable decreasing to CNY 58,371,071.55 from CNY 103,470,725.65, a decline of approximately 43.6%[16] - The company reported a total non-current asset value of CNY 771,838,643.23, up from CNY 748,051,926.94, reflecting a growth of about 3.2%[16]