ADD(SH:603089)2025-10-30 08:10Revenue and Profit - Revenue for the third quarter reached ¥715,918,746.43, an increase of 7.10% year-over-year, while year-to-date revenue was ¥2,071,906,936.66, up 26.36% compared to the same period last year[4] - Total profit for the third quarter was ¥19,907,652.78, a decrease of 35.63% year-over-year, and year-to-date profit totaled ¥181,400,458.55, an increase of 169.70%[4] - Net profit attributable to shareholders for the third quarter was ¥13,411,052.03, down 44.08% year-over-year, while year-to-date net profit was ¥131,914,296.64, up 182.22%[4] - Operating profit for the first three quarters of 2025 was ¥183,348,490.63, compared to ¥68,808,446.21 in 2024, reflecting a significant growth[20] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥131,914,296.64, up from ¥46,742,192.64 in 2024, marking an increase of 182.5%[21] Earnings Per Share - The basic and diluted earnings per share for the third quarter were both ¥0.06, a decrease of 45.45% compared to the same period last year[5] - Earnings per share for the first three quarters of 2025 was ¥0.58, compared to ¥0.21 in the same period of 2024, indicating a substantial improvement[21] Cash Flow - Cash flow from operating activities for the year-to-date was ¥140,023,670.68, reflecting a significant increase of 452.18% compared to the same period last year[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥2,165,710,026.96, compared to ¥1,584,604,277.24 in 2024, representing a 36.5% increase[22] - The net cash flow from operating activities was 140,023,670.68, a significant increase from 25,358,533.71 in the previous period, reflecting a growth of approximately 450%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,780,942,601.00, an increase of 8.21% from the end of the previous year[5] - Total assets increased to ¥3,780,942,601.00 in 2025 from ¥3,494,069,248.36 in 2024, showing a growth of 8.2%[17] - Total current liabilities decreased slightly to ¥1,617,317,327.60 from ¥1,639,449,666.28[16] - Total liabilities remained stable at ¥2,089,316,028.22 in 2025, slightly up from ¥2,089,148,694.90 in 2024[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,858[12] - Zhejiang Zhengyu Investment Co., Ltd. holds 41.03% of shares, totaling 98,490,595 shares[12] - Shareholders' equity attributable to the parent company was ¥1,495,993,493.96, up 21.46% from the end of the previous year[5] Research and Development - Research and development expenses increased to ¥106,444,632.61 in 2025 from ¥77,988,541.47 in 2024, reflecting a focus on innovation[20] - The decrease in profit for the third quarter was primarily due to adjustments in customer structure, exchange rate fluctuations, and increased R&D investment[9] Cash Management - The company reported a decrease in financial expenses to ¥12,638,515.99 in 2025 from ¥16,178,563.95 in 2024, indicating improved cost management[20] - The company paid 41,150,515.60 in dividends and interest, compared to 17,821,766.92, which is an increase of about 130%[23] Other Financial Metrics - Non-recurring gains and losses for the third quarter amounted to ¥2,196,073.31, with a year-to-date total of ¥51,866,639.62[8] - Other comprehensive income after tax for the first three quarters of 2025 was ¥1,893,522.09, compared to a loss of ¥3,235.79 in 2024, showing a positive turnaround[21] - The total cash outflow from investing activities was 275,080,822.96, compared to 308,193,238.32 in the prior period, indicating a decrease of about 10.7%[23] - The net cash flow from investing activities was -106,669,963.19, an improvement from -305,577,598.14, showing a reduction in losses by approximately 65%[23] - The cash and cash equivalents at the end of the period totaled 126,152,879.62, up from 39,897,217.62, representing an increase of approximately 215%[23] Accounting Standards - The company did not apply new accounting standards starting from 2025[24]