HTDC(SH:601188)2025-10-30 09:10Financial Performance - The company's operating revenue for Q3 2025 was ¥225,075,360.01, representing an 18.02% increase compared to ¥199,156,246.46 in the same period last year[3]. - Total profit for the quarter was ¥90,300,847.85, a decrease of 2.28% from ¥92,956,877.85 year-over-year[3]. - Net profit attributable to shareholders was ¥61,707,925.29, down 14.36% from ¥72,686,296.61 in the previous year[3]. - The basic earnings per share decreased by 14.55% to ¥0.047 from ¥0.055 in the same quarter last year[4]. - Total operating revenue for the first three quarters of 2025 reached ¥468,869,176.40, an increase of 12.99% compared to ¥414,912,542.93 in the same period of 2024[20]. - Net profit for the first three quarters of 2025 was ¥164,036,034.97, an increase of 6.67% compared to ¥153,405,260.87 in the previous year[21]. - The company reported a total profit of ¥163.17 million for the first three quarters of 2025, compared to ¥178.49 million in 2024, representing a decrease of 8.5%[32]. - The company’s total comprehensive income for the first three quarters of 2025 was ¥133.58 million, down from ¥151.89 million in 2024, reflecting a decrease of 12.0%[33]. Cash Flow - The net cash flow from operating activities showed a significant decline of 162.81%, resulting in a negative cash flow of ¥121,960,403.47[4]. - The net cash flow from operating activities for the first three quarters of 2025 was -121,960,403.47 RMB, a significant decline compared to 194,170,828.73 RMB in the same period of 2024[24]. - The company’s cash outflow for operating activities totaled 711,144,471.01 RMB in 2025, compared to 299,841,482.60 RMB in 2024[24]. - The net cash flow from investment activities was -333,562,839.89 RMB for the first three quarters of 2025, compared to 274,727,291.43 RMB in 2024[25]. - The company reported a cash outflow of 1,057,302,024.67 RMB from investment activities in the first three quarters of 2025, significantly higher than 551,478,996.86 RMB in 2024[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,479,374,189.58, reflecting a decrease of 1.72% compared to the previous year[4]. - Total current assets as of September 30, 2025, amount to ¥2,364,736,877.52, a slight decrease from ¥2,416,059,148.81 at the end of 2024[15]. - Total liabilities decreased to ¥531,399,720.37 from ¥696,842,247.38, indicating a reduction of 23.73%[17]. - The total liabilities increased to 224,237,007.22 RMB in 2025 from 195,002,985.02 RMB in 2024[28]. - The total equity of the company as of September 30, 2025, was 4,305,489,529.25 RMB, compared to 4,264,599,014.68 RMB at the end of 2024[29]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 47,871[11]. - The largest shareholder, Heilongjiang Highway Group Co., Ltd., holds 440,482,178 shares, accounting for 33.47% of total shares[12]. - The second largest shareholder, China Merchants Highway Network Technology Holdings Co., Ltd., holds 217,396,393 shares, representing 16.52%[12]. - The company has no significant changes in the top 10 shareholders due to transfer or lending of shares[13]. - The company does not have any related party transactions among the top shareholders[12]. Research and Development - Research and development expenses increased significantly to ¥5,848,484.06, compared to ¥2,110,690.05 in the previous year, reflecting a growth of 176.67%[20]. - Research and development expenses increased significantly to ¥1.88 million in 2025 from ¥0.44 million in 2024, marking a 323.5% rise[32]. Financial Adjustments - The company is undergoing adjustments in its financial reporting due to the acquisition of a subsidiary, impacting comparative financial data[5].