Secote co.ltd(SH:603283)2025-10-29 09:45Financial Performance - The company's operating revenue for the third quarter was ¥1,162,028,868.23, a decrease of 25.64% compared to the same period last year[4]. - The total profit for the quarter was ¥322,385,065.18, reflecting a decline of 12.37% year-over-year[4]. - The net profit attributable to shareholders was ¥278,428,600.94, down 13.26% from the previous year[4]. - Basic earnings per share for the quarter were ¥1.00, a decrease of 39.39% compared to the same period last year[5]. - The diluted earnings per share were ¥0.99, down 39.26% year-over-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 2,535,327,339.87, a decrease of approximately 20.7% compared to CNY 3,193,838,844.30 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was CNY 423,103,601.44, a decline of approximately 13.0% from CNY 486,215,977.09 in 2024[20]. - Total comprehensive income for the first three quarters of 2025 is CNY 423,265,177.50, a decrease of 12.5% compared to CNY 483,900,270.55 in the same period of 2024[21]. - Net profit attributable to the parent company for the first three quarters of 2025 is CNY 399,845,167.68, down from CNY 473,002,001.92 in 2024, representing a decline of 15.5%[21]. - Basic earnings per share for the first three quarters of 2025 is CNY 1.44, compared to CNY 2.44 in 2024, reflecting a decrease of 41.0%[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,880,675,782.88, a decrease of 1.34% from the end of the previous year[5]. - The company's total current assets as of September 30, 2025, amount to ¥3,995,675,043.19, a decrease from ¥4,227,419,629.28 as of December 31, 2024[15]. - The company's total assets as of September 30, 2025, are ¥5,880,675,782.88, down from ¥5,960,756,581.36 as of December 31, 2024[16]. - The company's total liabilities decreased to CNY 2,471,399,401.44 as of September 30, 2025, compared to CNY 2,756,678,009.97 at the end of 2024, representing a reduction of about 10.4%[18]. - The total liabilities and equity amounted to CNY 5,880,675,782.88 as of September 30, 2025, compared to CNY 5,960,756,581.36 at the end of 2024, reflecting a slight decrease[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 48,359[12]. - The largest shareholder, Sun Feng, holds 53,916,278 shares, representing 19.35% of total shares, with 22,654,000 shares pledged[12]. - The second largest shareholder, Zeng Hui, holds 52,160,795 shares, representing 18.72% of total shares, with 21,138,400 shares pledged[12]. - The company has repurchased 3,213,710 shares, representing 1.15% of the total share capital[14]. - The company has no significant changes in the participation of major shareholders in margin financing and securities lending[14]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥412,616,608.28, with a noted decrease in cash payments for goods and services[10]. - Net cash flow from operating activities for the first three quarters of 2025 is CNY 412,616,608.28, a significant improvement from a negative CNY 621,925,249.49 in 2024[22]. - Cash inflow from operating activities totaled CNY 2,386,101,915.05, an increase of 8.8% from CNY 2,191,798,598.49 in the previous year[22]. - Cash outflow from operating activities decreased to CNY 1,973,485,306.77 from CNY 2,813,723,847.98, a reduction of 30.0%[22]. - The ending cash and cash equivalents balance for the first three quarters of 2025 is CNY 446,068,012.15, down from CNY 517,163,891.28 in 2024[22]. Expenses and Investments - Research and development expenses for the first three quarters of 2025 were CNY 236,645,470.15, down from CNY 272,987,527.59 in 2024, indicating a decrease of about 13.3%[19]. - The company reported an investment income of CNY 13,571,864.00 for the first three quarters of 2025, significantly higher than CNY 2,678,438.76 in the same period of 2024[20]. - The company's cash and cash equivalents position improved, with a notable increase in interest income to CNY 6,177,594.01 in 2025 from CNY 4,860,890.96 in 2024[20]. - Net cash flow from investing activities for the first three quarters of 2025 is CNY -268,518,776.90, worsening from CNY -129,171,136.38 in 2024[22]. - Cash flow from financing activities resulted in a net outflow of CNY -401,560,131.50 in 2025, compared to a net inflow of CNY 737,769,327.32 in 2024[22]. Accounting Standards - The company has not applied new accounting standards or interpretations for the first time in 2025[23].