HUASHENG(SH:605180)2025-10-29 11:50Financial Performance - The company's operating revenue for the third quarter was CNY 77,317,491.40, an increase of 5.40% compared to the same period last year[4]. - The total profit for the third quarter decreased by 89.16% to CNY 1,614,907.32, while the net profit attributable to shareholders dropped by 87.54% to CNY 1,628,220.12[4][9]. - The net profit excluding non-recurring gains and losses for the third quarter was CNY 1,940,018.06, down 85.10% year-on-year[4][10]. - The basic earnings per share for the third quarter was CNY 0.01, reflecting a decrease of 87.50% compared to the previous year[5][10]. - Total operating revenue for the first three quarters of 2025 was CNY 248,021,195.51, a slight decrease of 0.3% compared to CNY 248,767,721.90 in the same period of 2024[20]. - Net profit for the first three quarters of 2025 was CNY 24,499,702.19, a decrease of 48.2% compared to CNY 47,202,084.32 in 2024[21]. - Operating profit for the first three quarters of 2025 was CNY 28,284,353.72, down 47.6% from CNY 54,031,935.40 in 2024[21]. - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.14, down from CNY 0.28 in 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,230,449,888.07, representing a 2.78% increase from the end of the previous year[5]. - As of September 30, 2025, the total assets of Zhejiang Huasheng Technology Co., Ltd. amounted to RMB 1,230,449,888.07, an increase from RMB 1,197,199,504.41 at the end of 2024, reflecting a growth of approximately 2.1%[15]. - The company's current assets totaled RMB 577,208,882.63, down from RMB 718,566,702.42 at the end of 2024, indicating a decrease of about 19.6%[15]. - The total liabilities rose to RMB 87,308,949.73 from RMB 56,588,268.26, marking an increase of approximately 54.4%[17]. - The company's equity attributable to shareholders increased slightly from RMB 1,140,611,236.15 to RMB 1,143,140,938.34, a growth of about 0.2%[17]. Cash Flow - The cash flow from operating activities for the year-to-date period increased by 174.64% to CNY 24,659,765.45[4][10]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 24,659,765.45, significantly up from CNY 8,978,793.52 in 2024[25]. - Cash and cash equivalents at the end of the third quarter of 2025 were CNY 189,728,524.44, down from CNY 468,163,203.58 at the end of the same period in 2024[25]. - The cash and cash equivalents decreased significantly from RMB 363,626,669.61 to RMB 189,837,746.51, a decline of approximately 47.8%[15]. - The company reported a net cash outflow from investing activities of CNY 216,240,830.37 in 2025, compared to CNY 83,694,071.94 in 2024, reflecting increased capital expenditures[25]. - The company received CNY 180,000,000.00 from investment recoveries in 2025, indicating a significant cash inflow from previous investments[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,292[11]. - The largest shareholder, Jiang Yuhui, holds 37.41% of the shares, totaling 63,216,562 shares[12]. - The company has not reported any significant changes in the top 10 shareholders or their participation in margin trading[13]. Expenses and Investments - The company experienced increased management and financial expenses, contributing to the decline in profits[9]. - Total operating costs increased to CNY 217,724,399.89 in 2025, up 12.9% from CNY 192,934,662.29 in 2024[20]. - Research and development expenses for the first three quarters of 2025 were CNY 10,112,441.94, compared to CNY 9,353,031.16 in 2024, indicating an increase in investment in innovation[20]. Other Information - There are no other important reminders regarding the company's operational situation during the reporting period[14].