Accotest(SH:688200)2025-10-29 10:15Financial Performance - The company's operating revenue for the third quarter reached ¥404,859,890.20, an increase of 67.21% compared to the same period last year[4] - The total profit for the third quarter was ¥210,684,266.17, reflecting an increase of 89.28% year-over-year[4] - The net profit attributable to shareholders was ¥191,140,918.24, up 89.99% from the previous year[4] - The basic earnings per share for the third quarter was ¥1.41, representing a 90.54% increase compared to the same period last year[5] - The net profit excluding non-recurring gains and losses for the third quarter was ¥168,946,611.25, a 75.54% increase compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached ¥939,315,871.52, a significant increase of 51.2% compared to ¥621,198,629.10 in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥421,498,300.38, up 83.9% from ¥228,967,339.25 in the first three quarters of 2024[18] - Net profit for the first three quarters of 2025 was ¥386,924,067.95, representing a 81.5% increase from ¥213,093,657.21 in the same period of 2024[19] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥2.86, compared to ¥1.58 in the same period of 2024[19] Research and Development - Research and development expenses totaled ¥71,307,809.54, which is 62.59% higher than the previous year[5] - Research and development expenses for the first three quarters of 2025 totaled ¥182,202,203.01, an increase from ¥120,879,307.89 in the same period of 2024[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,182,107,578.82, an increase of 9.82% from the end of the previous year[5] - The total assets of the company increased from ¥3,808,080,455.23 to ¥4,182,107,578.82, marking an increase of approximately 9.8%[15] - Total current assets rose from ¥2,934,292,569.32 to ¥3,190,407,379.34, an increase of approximately 8.7%[14] - Non-current assets increased from ¥873,787,885.91 to ¥991,700,199.48, reflecting a growth of about 13.5%[15] - Total liabilities increased to ¥301,418,122.81 in 2025 from ¥237,799,660.03 in 2024, reflecting a growth of 26.7%[16] - The company's accounts payable rose from ¥54,262,784.77 to ¥69,678,963.34, an increase of about 28.5%[15] - Contract liabilities increased from ¥56,253,024.08 to ¥77,939,276.63, representing a growth of approximately 38.7%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥126,485,186.94, a significant increase of 622.34% compared to the same period last year[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥126,485,186.94, a substantial increase from ¥17,510,432.85 in the first three quarters of 2024[21] - Cash inflow from investment activities totaled $287,007,103.05, a significant increase from $163,246,284.67 in the previous period, reflecting a growth of approximately 75.9%[22] - Cash outflow from investment activities reached $383,982,064.17, compared to $69,164,019.87 previously, indicating a substantial rise of about 454.5%[22] - The net cash flow from investment activities was -$96,974,961.12, contrasting with a positive cash flow of $94,082,264.80 in the prior period[22] - Cash inflow from financing activities amounted to $9,866,450.70, up from $4,885,455.94, representing an increase of approximately 102.0%[22] - Cash outflow from financing activities was $107,904,140.33, compared to $95,156,358.79 previously, marking an increase of about 13.9%[22] - The net cash flow from financing activities was -$98,037,689.63, slightly worsening from -$90,270,902.85 in the previous period[22] - The net increase in cash and cash equivalents was -$70,512,247.07, a decline from a positive increase of $22,212,582.90 previously[22] - The ending balance of cash and cash equivalents stood at $1,047,660,243.90, down from $995,703,996.28 in the prior period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 10,194[11] - The largest shareholder, Tianjin Xinhua Investment Holdings Co., Ltd., holds 37,236,420 shares, accounting for 27.47% of total shares[11] - The company reported no significant changes in shareholder participation in margin trading or securities lending activities[12] Future Outlook - The company expects continued growth in revenue and profit due to increasing market demand[9]