SXN(SH:600661)2025-10-29 11:20Financial Performance - The company's operating revenue for Q3 2025 reached ¥449,061,235.65, representing a year-on-year increase of 12.31%[7] - Total profit for the quarter was ¥48,654,246.56, reflecting a significant increase of 37.11% compared to the same period last year[7] - Net profit attributable to shareholders was ¥43,042,581.72, up 18.99% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the quarter was ¥38,091,684.75, an increase of 68.47%[7] - The basic earnings per share for the quarter was ¥0.1550, a rise of 15.07% compared to the previous year[7] - Total operating revenue for the first three quarters of 2025 reached ¥1,081,403,653.44, an increase of 12.06% compared to ¥965,271,138.51 in the same period of 2024[24] - Net profit for the first three quarters of 2025 was ¥49,532,564.60, compared to ¥23,472,839.52 in 2024, representing a growth of 111.06%[25] - The total comprehensive income for the first three quarters of 2025 was ¥47,189,818.00, compared to ¥29,711,732.59 in 2024, reflecting an increase of 58.83%[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,550,859,918.44, a decrease of 8.43% from the end of the previous year[7] - The company's total liabilities as of September 30, 2025, were RMB 1,334,542,207.43, down from RMB 1,564,860,048.79 at the end of 2024, indicating a reduction of about 14.7%[21] - The total equity attributable to shareholders increased to RMB 134,550,045.97 as of September 30, 2025, compared to RMB 44,798,462.10 at the end of 2024, reflecting a significant improvement[21] - The total assets increased to CNY 1,508,357,530.49 as of September 30, 2025, compared to CNY 1,426,062,276.35 as of December 31, 2024, reflecting a growth of approximately 5.8%[35] - The total liabilities amounted to CNY 1,025,493,987.69 as of September 30, 2025, compared to CNY 897,844,987.65 as of December 31, 2024, indicating an increase of approximately 14.3%[36] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥101,298,300.72, showing a decline of 21.49%[7] - Cash flow from operating activities for the first three quarters of 2025 was ¥101,298,300.72, down from ¥129,029,644.72 in 2024, a decrease of 21.5%[30] - The net cash flow from financing activities amounted to $116,948,657.57, an increase from $108,576,037.02 in the previous period[44] - Cash inflows from financing activities were $121,484,338.01, while cash outflows were $4,535,680.44, resulting in a positive net cash flow[44] Investments and Expenses - The company's long-term investments decreased to RMB 36,857,896.90 from RMB 42,886,774.89, a decline of about 14.1%[19] - Research and development expenses decreased to ¥1,936,044.11 in 2025 from ¥9,363,541.68 in 2024, a decline of 79.32%[24] - The company reported a significant increase in investment losses, totaling ¥3,656,326.75 in 2025, compared to a gain of ¥5,829,113.04 in 2024[25] Shareholder Equity - Shareholders' equity attributable to the parent company increased to ¥134,550,045.97, a substantial rise of 200.35% compared to the previous year[7] - The total equity of the company increased to RMB 216,317,711.01 as of September 30, 2025, compared to RMB 128,847,943.00 at the end of 2024, reflecting a growth of approximately 68%[21] - The total owner's equity decreased to CNY 482,863,542.80 as of September 30, 2025, from CNY 528,217,288.70 as of December 31, 2024, indicating a decline of approximately 8.6%[36] Other Financial Metrics - The weighted average return on net assets increased to 57.47%, up 18.73 percentage points from the previous year[7] - The company's cash and cash equivalents decreased to RMB 527,813,601.42 from RMB 605,010,213.72, a decline of approximately 12.8%[17] - Accounts receivable rose to RMB 51,393,550.23 as of September 30, 2025, compared to RMB 40,811,414.48 at the end of 2024, marking an increase of about 25.5%[18] - The company's inventory decreased to RMB 9,533,805.40 from RMB 11,043,017.03, a reduction of approximately 13.7%[18] - The company incurred financial expenses of CNY 849,708.31 in the first three quarters of 2025, compared to a financial income of CNY 86,685.27 in the same period of 2024[39] Accounting Standards - The company did not apply new accounting standards starting from 2025[45]