CZDH(SH:600230)2025-10-30 09:30Financial Performance - The company's operating revenue for the third quarter was CNY 1,116,114,111.08, a decrease of 7.41% compared to the same period last year[5]. - The total profit for the year-to-date period reached CNY 51,027,292.85, reflecting an increase of 84.12% year-on-year[5]. - The net profit attributable to shareholders for the year-to-date period was CNY 47,623,115.66, which is a significant increase of 124.26% compared to the previous year[5]. - The basic earnings per share for the year-to-date period was CNY 0.1150, representing a 124.26% increase year-on-year[6]. - The diluted earnings per share for the year-to-date period also increased by 124.26% due to improved product gross margins[11]. - The net profit for the first three quarters of 2025 reached CNY 50,969,690.84, a significant increase from CNY 27,713,492.55 in the same period of 2024, representing an 83.6% growth[22]. - The operating profit for the first three quarters of 2025 was CNY 51,208,064.63, compared to CNY 21,661,762.56 in 2024, indicating a 136.3% increase[22]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.115, up from CNY 0.05 in 2024, representing a 130% increase[23]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 6,035,136,855.98, showing a slight increase of 1.09% from the end of the previous year[6]. - As of September 30, 2025, total assets amounted to RMB 6,035,136,855.98, compared to RMB 5,970,323,594.51 at the end of 2024, indicating a slight increase of 1.09%[17]. - Total liabilities as of September 30, 2025, were RMB 1,684,514,266.64, a marginal increase from RMB 1,662,925,711.17 in the previous year[18]. - The company's cash and cash equivalents stood at RMB 440,202,780.05 as of September 30, 2025, compared to RMB 427,833,433.36 at the end of 2024, showing an increase of 2.86%[15]. - The cash and cash equivalents at the end of the period increased to CNY 440,176,414.68 from CNY 283,715,125.98 in the previous year, marking a growth of 55.1%[27]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2025 were RMB 3,323,668,484.31, down 11.48% from RMB 3,754,825,594.67 in the previous year[21]. - Operating costs included RMB 3,101,208,226.19 in operating expenses, which decreased from RMB 3,489,178,290.97 in 2024, reflecting a reduction of 11.11%[21]. - The company reported a net profit margin decline due to increased operational costs, impacting overall profitability[21]. - The company experienced a decrease in sales expenses from CNY 4,418,069.69 in 2024 to CNY 4,271,064.37 in 2025, a reduction of 3.3%[22]. - Research and development expenses decreased from CNY 125,387,879.59 in 2024 to CNY 112,685,461.15 in 2025, a decline of 10.1%[22]. - The company’s financial expenses significantly decreased from CNY 5,757,570.22 in 2024 to CNY 621,330.74 in 2025, a reduction of 89.2%[22]. Shareholder Information - The company has a total of 36,113 ordinary shareholders as of the end of the reporting period[13]. - There were no significant changes in the shareholding structure or major shareholder activities reported[14]. Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 187,466,807.77, a decrease of 13.59% year-on-year[6]. - The net cash flow from operating activities for the first three quarters of 2025 was CNY 187,466,807.77, compared to CNY 216,953,679.05 in 2024, showing a decline of 13.6%[26]. - The company reported a net cash outflow from investing activities of CNY 187,986,547.00 in 2025, contrasting with a net inflow of CNY 131,355,998.07 in 2024[27]. Inventory and Product Development - Inventory levels increased to RMB 369,386,606.83 from RMB 285,424,985.38, representing a significant rise of 29.39%[16]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[15].