通达电气(603390) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 reached ¥250,741,988.13, representing a year-on-year increase of 58.54%[4] - The total profit for the period was ¥22,947,461.05, a significant increase of 944.97% compared to the same period last year[4] - Net profit attributable to shareholders was ¥23,151,621.52, reflecting an increase of 840.91% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥22,250,395.50, showing a remarkable increase of 2,923.41%[4] - Total operating revenue for the first three quarters of 2025 reached ¥672,091,613.94, a significant increase of 64.8% compared to ¥407,878,020.78 in the same period of 2024[20] - Operating profit for the first three quarters of 2025 was ¥56,461,769.60, up from ¥13,697,600.18 in 2024, representing a growth of 313.5%[21] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥54,884,754.36, compared to ¥16,703,404.76 in 2024, an increase of 228.5%[21] - The total comprehensive income for the first three quarters of 2025 was ¥54,389,887.53, significantly higher than ¥15,440,783.75 in 2024, reflecting a growth of 252.5%[21] Assets and Liabilities - The company's total assets at the end of the period amounted to ¥1,895,914,756.97, a 2.44% increase from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,098,658,251.44, an increase from ¥1,032,033,042.31 as of December 31, 2024[16] - Total liabilities as of September 30, 2025, are ¥278,955,309.87, compared to ¥261,784,306.20 previously[17] - The total assets amount to ¥1,895,914,756.97, up from ¥1,850,751,665.29[16] - Total assets and shareholders' equity amounted to ¥1,895,914,756.97 and ¥1,616,959,447.10 respectively, showing a year-over-year increase from ¥1,850,751,665.29 and ¥1,588,967,359.09[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥59,230,188.73, reflecting a 74.75% increase compared to the previous year[4] - The net cash flow from operating activities for the first three quarters of 2025 was ¥59,230,188.73, compared to ¥33,894,649.56 in 2024, reflecting a growth of 74.8%[24] - Cash inflow from sales of goods and services amounting to ¥434,914,998.42 in the first three quarters of 2025, compared to ¥274,759,619.70 in 2024, an increase of 58.4%[24] - Cash inflow from investment activities totaled $919,076.34, a significant decrease from $15,172,711.51 in the previous period[25] - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $32,718,376.95, compared to $23,047,621.63 previously[25] - Net cash flow from investment activities was -$31,799,300.61, reflecting a decline from -$37,174,910.12[25] - Cash inflow from financing activities amounted to $19,900,000.00, while the previous period recorded only $310,000.00[25] - Total cash outflow for financing activities was $31,928,803.56, compared to $48,549,547.59 in the previous period[25] - Net cash flow from financing activities was -$12,028,803.56, an improvement from -$48,239,547.59[25] - The net increase in cash and cash equivalents was $15,412,916.20, contrasting with a decrease of $51,518,821.10 in the previous period[25] - The ending balance of cash and cash equivalents was $384,466,679.71, up from $341,170,217.90[25] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 31,754[12] - The top two shareholders, Xing Yingbiao and Chen Lina, hold 33.37% and 29.12% of shares respectively[12] - There are no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[13] Company Strategy and Outlook - The company attributed the revenue growth to favorable market conditions and increased demand in the commercial vehicle sector[9] - The company plans to continue optimizing its product structure and enhancing product technology to maintain profitability[9] - The company has not engaged in any financing or securities lending activities as of the reporting period[13] - The company will not apply new accounting standards starting from 2025[26] Earnings Per Share - Basic earnings per share for the period were ¥0.07, a 600.00% increase compared to the same period last year[4] - The basic earnings per share for the first three quarters of 2025 was ¥0.16, compared to ¥0.05 in 2024, marking a 220% increase[21] Research and Development - Research and development expenses increased to ¥43,641,425.95 in the first three quarters of 2025, up from ¥35,651,516.30 in 2024, indicating a rise of 22.4%[20] Credit Quality - The company reported a decrease in credit impairment losses to -¥5,752,663.87 in 2025 from ¥1,535,164.13 in 2024, indicating improved asset quality[21]