Lettall Electronic(SH:603629)2025-10-30 08:30Financial Performance - The company's operating revenue for the third quarter reached ¥946,345,692.66, representing a year-on-year increase of 57.09%[4] - The total profit for the third quarter was ¥192,536,938.19, showing a significant increase of 1,828.90% compared to the same period last year[4] - The net profit attributable to shareholders was ¥164,868,401.17, reflecting a year-on-year growth of 1,432.90%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,197,986.02, an increase of 748.13% year-on-year[4] - The basic earnings per share for the third quarter was ¥0.64, a substantial increase of 1,500.00% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥2,462,598,973.70, a significant increase of 65% compared to ¥1,490,845,713.40 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥216,623,987.72, up from ¥55,024,869.04 in 2024, representing a growth of 294%[21] - Operating profit for the first three quarters of 2025 was ¥278,574,065.52, compared to ¥62,913,655.94 in 2024, indicating a year-over-year increase of 343%[21] - Basic earnings per share for the first three quarters of 2025 were ¥0.83, compared to ¥0.20 in 2024, reflecting a 315% increase[22] - The company's total comprehensive income for the first three quarters of 2025 was ¥209,523,409.60, compared to ¥44,987,270.78 in 2024, indicating a growth of 366%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,226,469,372.98, a 4.96% increase from the end of the previous year[5] - The equity attributable to shareholders increased to ¥1,868,063,383.63, reflecting a growth of 12.68% compared to the previous year[5] - The company's total liabilities amounted to ¥4,350,175,417.35, slightly up from ¥4,270,307,491.60 in the previous year[19] - The company's total equity increased to ¥1,876,293,955.63 in 2025, compared to ¥1,662,175,297.99 in 2024, marking a growth of 13%[19] - Short-term borrowings increased to CNY 1,177,408,355.34 from CNY 1,009,798,928.14, reflecting a rise of approximately 16.6%[17] Cash Flow - Cash flow from operating activities was ¥3,380,277,696.84 in 2025, compared to ¥2,916,272,654.05 in 2024, an increase of 16%[24] - Net cash flow from operating activities was $786.63 million, a significant improvement from a negative cash flow of $661.67 million in the previous period[25] - Total cash inflow from operating activities reached $5.18 billion, compared to $3.07 billion last year, indicating a year-over-year increase of approximately 68.6%[25] - Cash outflow from operating activities totaled $4.40 billion, up from $3.73 billion, reflecting a 17.9% increase[25] - The ending cash and cash equivalents balance stood at $524.68 million, an increase from $414.95 million at the end of the previous period[26] Investments and Expenses - Research and development expenses amounted to 57.02 million, reflecting investments in new product development and enhancements in computing power services[11] - Research and development expenses increased to ¥69,588,341.71 in 2025 from ¥44,316,864.51 in 2024, reflecting a growth of 57%[20] - The company confirmed a fair value change gain from the investment in Fulide, contributing to the profit growth in the third quarter[9] - The company recorded a fair value change gain of 1,340,142.51 million, primarily due to the valuation of its investment in Fulede[11] - The company reported a fair value gain of CNY 85,156,946.42 from its investment in Fulede, with the market value of shares held amounting to CNY 137,576,073.66 as of September 30, 2025[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,608, with the top shareholder holding 36.51% of the shares[13] - The company has not reported any changes in the top 10 shareholders or their shareholdings due to margin trading activities[15]