First(SH:603806)2025-10-29 10:25Financial Performance - The company's operating revenue for the third quarter was ¥3,829,411,071.58, a decrease of 13.18% compared to the same period last year[4] - The total profit for the third quarter was ¥219,779,678.61, down 37.93% year-on-year[4] - The net profit attributable to shareholders was ¥191,846,385.55, reflecting a decline of 41.79% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥181,219,858.10, a decrease of 43.23% year-on-year[4] - The basic earnings per share for the third quarter was ¥0.07, down 41.67% from the same period last year[4] - The diluted earnings per share was ¥0.08, a decrease of 38.46% year-on-year[4] - The net profit for the year-to-date period was ¥687,598,094.54, down 45.34% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 was CNY 11,787,924,723.01, a decrease of 22.5% compared to CNY 15,174,251,391.12 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 667,831,464.19, a decline of 46.5% compared to CNY 1,256,863,367.93 in 2024[19] - Earnings per share for the first three quarters of 2025 were CNY 0.26, down from CNY 0.48 in the same period of 2024[20] - The total comprehensive income for the first three quarters of 2025 was CNY 661,137,257.84, down from CNY 1,287,299,247.51 in 2024[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥20,684,415,747.11, a decrease of 2.49% from the end of the previous year[5] - As of September 30, 2025, the total assets amounted to RMB 20,684,415,747.11, a decrease from RMB 21,211,809,320.40 as of December 31, 2024, reflecting a decline of approximately 2.48%[14] - Current assets totaled RMB 15,280,973,315.34, down from RMB 15,925,575,984.71, indicating a decrease of about 4.05%[15] - The company's fixed assets rose to RMB 4,176,960,147.15 from RMB 3,886,744,435.08, reflecting an increase of approximately 7.45%[15] - The total liabilities decreased to CNY 4,083,409,225.81 in 2025 from CNY 4,594,141,839.45 in 2024, reflecting a reduction of 11.1%[17] - The total liabilities were not explicitly stated, but current liabilities included accounts payable of RMB 809,656,434.24, down from RMB 925,268,505.83, indicating a decrease of about 12.50%[15] - The company reported a total of RMB 5,403,442,431.77 in non-current assets, an increase from RMB 5,286,233,335.69, representing a growth of approximately 2.22%[15] Cash Flow - The company reported a significant decline in cash flow from operating activities, with a net cash flow of ¥13,947,307.42, down 99.50% year-on-year[4] - In the first three quarters of 2025, the cash inflow from operating activities was approximately CNY 10.98 billion, a decrease of 27.5% compared to CNY 15.11 billion in the same period of 2024[21] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 13.95 million, significantly lower than CNY 2.79 billion in 2024[22] - The total cash outflow from investing activities in the first three quarters of 2025 was CNY 14.51 billion, compared to CNY 4.98 billion in 2024, resulting in a net cash outflow of CNY 1.63 billion[22] - Cash inflow from investment activities was CNY 12.88 billion in 2025, a substantial increase from CNY 2.27 billion in 2024[22] - The cash outflow for financing activities in the first three quarters of 2025 was CNY 1.06 billion, compared to CNY 1.65 billion in 2024, leading to a net cash outflow of CNY 1.05 billion[22] - The cash and cash equivalents at the end of the third quarter of 2025 were CNY 2.34 billion, down from CNY 4.59 billion at the end of the same period in 2024[22] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 363,965,846.53, a decrease of 29.7% from CNY 518,013,725.90 in 2024[18] Shareholder Information - There were no significant changes in the top 10 shareholders or their shareholding percentages compared to the previous period[13] Company Activities - The company has not disclosed any new product developments or market expansion strategies during the reporting period[13] - The company did not participate in any financing or securities lending activities during the reporting period[13]