CNS(SH:601098)2025-10-29 10:05Financial Performance - The company's operating revenue for the third quarter was CNY 2,152,964,595.48, a decrease of 12.94% compared to the same period last year[4] - The total profit for the quarter was CNY 185,297,120.26, reflecting a decline of 36.23% year-on-year[4] - The net profit attributable to shareholders was CNY 153,199,189.62, down 16.33% from the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 153,681,431.81, a decrease of 16.56% compared to the same period last year[4] - The basic earnings per share for the quarter was CNY 0.08, down 20.00% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was CNY 8,488,251,683.58, a decrease of 9.36% compared to CNY 9,365,892,050.06 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was CNY 1,225,398,792.42, an increase of 18.54% compared to CNY 1,033,580,223.39 in 2024[21] - Earnings per share (EPS) for the first three quarters of 2025 was CNY 0.65, up from CNY 0.53 in the same period of 2024[22] - The total comprehensive income for the first three quarters of 2025 was CNY 1,225,497,659.04, compared to CNY 1,033,177,611.52 in 2024, marking an increase of 18.59%[22] Cash Flow and Assets - The cash flow from operating activities showed a net outflow of CNY 973,024,994.03, representing a decline of 146.90% year-to-date[5] - Operating cash inflow for the first three quarters of 2025 was CNY 13.75 billion, an increase of 20.3% compared to CNY 11.44 billion in the same period of 2024[24] - Net cash flow from operating activities for the first three quarters of 2025 was -CNY 973 million, a decrease from CNY 2.07 billion in the first three quarters of 2024[24] - Cash and cash equivalents at the end of September 2025 were CNY 7.72 billion, down from CNY 12.50 billion at the end of September 2024[25] - Total assets as of September 30, 2025, were CNY 13.42 billion, a decrease from CNY 13.87 billion at the end of 2024[26] - The company's cash and cash equivalents increased to CNY 12,614,230,514.02 from CNY 12,487,292,336.52, reflecting a growth of about 1.0%[15] Liabilities and Equity - The total liabilities decreased to CNY 10,228,654,344.91 from CNY 10,965,425,841.78, reflecting a reduction of 6.73%[18] - The total equity increased to CNY 16,478,407,111.07 from CNY 16,373,168,123.90, showing a growth of 0.64%[18] - The company's total equity decreased to CNY 11.29 billion as of September 30, 2025, from CNY 11.91 billion at the end of 2024[28] - The total current liabilities are yet to be detailed in the provided data, indicating a need for further financial analysis[16] Investments and Expenses - Research and development expenses for the first three quarters of 2025 were CNY 51,438,234.47, down from CNY 61,046,294.09 in 2024, indicating a decrease of 15.92%[20] - The company reported an investment income of CNY 48,299,729.77, significantly higher than CNY 23,398,392.95 in the previous year[21] - Cash outflow from investment activities in the first three quarters of 2025 was CNY 7.34 billion, significantly higher than CNY 1.38 billion in the same period of 2024[25] - The company incurred sales expenses of CNY 172,175,710.89 in the first three quarters of 2025, a decrease of 16.4% from CNY 205,909,226.70 in the same period of 2024[29] Changes and Outlook - The decline in total profit was primarily due to the previous year's recovery of bad debts, which inflated profits at that time[9] - The company has not reported any significant changes in shareholder structure or related party transactions during the reporting period[13] - There are no indications of any new product launches or technological advancements mentioned in the current financial report[14] - The company has not disclosed any future outlook or performance guidance in the provided documents[14] - The company did not apply new accounting standards for the first time in 2025[33]