ACMSH(SH:688082)2025-10-29 09:55Financial Performance - The company's operating revenue for the third quarter reached ¥1,881,127,938.23, representing a year-on-year increase of 19.61%[4] - The total profit for the quarter was ¥507,572,076.54, up 51.54% compared to the same period last year[4] - Net profit attributable to shareholders was ¥570,293,907.88, reflecting an 81.04% increase year-on-year[4] - Basic earnings per share for the quarter were ¥1.29, up 79.17% from the previous year[5] - Total revenue for the first three quarters of 2025 reached ¥5,146,419,780.07, a 29.4% increase compared to ¥3,976,661,775.90 in the same period of 2024[22] - Operating profit for the first three quarters of 2025 was ¥1,325,743,005.73, up from ¥802,883,281.87 in the first three quarters of 2024, reflecting a significant growth[22] - The net profit for the first three quarters of 2025 reached ¥1,265,651,150.33, a significant increase of 67.1% compared to ¥758,184,480.97 in the same period of 2024[23] - The company reported a total comprehensive income of ¥1,265,410,468.36 for the first three quarters of 2025, compared to ¥754,338,899.75 in the previous year, reflecting a growth of 67.5%[23] - Basic earnings per share for the first three quarters of 2025 were ¥2.87, an increase of 64.9% from ¥1.74 in the same period of 2024[23] Research and Development - Research and development expenses totaled ¥323,934,328.70, which is 46.16% higher than the same period last year, accounting for 17.22% of operating revenue[5] - The company plans to continue investing in R&D to enhance existing products and develop new technologies[10] - Research and development expenses for the first three quarters of 2025 were ¥687,555,405.31, compared to ¥538,873,600.37 in the same period of 2024, an increase of 27.6%[22] Assets and Liabilities - Total assets increased by 50.17% year-on-year, reaching ¥18,213,006,462.56[5] - Total current assets increased to ¥15,345,779,295.94 as of September 30, 2025, compared to ¥9,496,059,778.95 at the end of 2024, marking a 61.5% growth[18] - Non-current assets totaled ¥2,867,227,166.62 as of September 30, 2025, compared to ¥2,632,392,603.86 at the end of 2024, showing a 8.9% increase[18] - Total liabilities amounted to ¥4,932,408,226.61, up from ¥4,462,816,629.35, reflecting a 10.5% increase[19] - Shareholders' equity attributable to the company increased by 73.23% year-on-year, amounting to ¥13,279,271,082.93[5] - Shareholders' equity increased to ¥13,280,598,235.95 from ¥7,665,635,753.46, representing a 73.5% growth[19] Cash Flow - The company reported a net cash flow from operating activities of -¥58,968,509.54 for the year-to-date, a decrease of 110.39% compared to the previous year[4] - The net cash flow from operating activities for the first three quarters of 2025 was -¥58,968,509.54, a decline from ¥567,372,779.04 in the same period of 2024[27] - The net cash flow from financing activities for the first three quarters of 2025 was ¥4,703,613,920.16, a significant rise from ¥241,975,759.45 in the same period of 2024[28] - The company experienced a net cash outflow from investment activities of -¥304,714,149.64, slightly improved from -¥317,988,648.45 in the previous year[28] - The total operating cash inflow for the first three quarters of 2025 was ¥4,324,128,810.56, compared to ¥3,966,877,995.49 in the same period of 2024, marking an increase of 9.0%[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,699[12] - ACM RESEARCH, INC. holds 357,692,308 shares, representing 74.54% of the total shares[12] - Shanghai Pudong New Industry Investment Co., Ltd. holds 17,534,167 shares, accounting for 3.65% of the total shares[12] - No major changes in the top 10 shareholders or their shareholding status were reported[14] - The company has not disclosed any related party transactions among major shareholders[14] Capital Increase - The company plans to issue 38,601,326 A-shares at a price of RMB 116.11 per share, raising a total of RMB 4,481,999,961.86[15] - The net amount raised after deducting issuance costs is RMB 4,435,015,697.05[15] - The company's registered capital will increase from RMB 441,291,188.00 to RMB 479,892,514.00 following the issuance[16] - The total number of shares will increase from 441,291,188 to 479,892,514 shares[16] - The company has established a special account for the raised funds, ensuring proper management and oversight[16] Profitability and Efficiency - The significant increase in profits is attributed to higher main business income and reduced share-based payment expenses compared to the previous year[10] - The company reported a net profit margin improvement, with operating costs rising to ¥3,924,499,830.72 from ¥3,146,721,869.89, indicating a focus on efficiency despite increased revenue[22] - The company's cash and cash equivalents rose to ¥6,951,090,505.19, up from ¥2,634,590,605.40, representing a 164.0% increase[17] - The cash and cash equivalents at the end of the period reached ¥6,951,090,505.19, compared to ¥2,007,416,317.76 at the end of the previous year, indicating a substantial increase[28] - Inventory levels increased to ¥4,629,304,409.34 from ¥4,232,200,698.68, indicating a 9.4% rise[17]