宁波韵升(600366) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥1,560,975,394.82, representing a year-on-year increase of 15.90%[5] - The total profit for the quarter was ¥187,507,404.83, showing a significant increase of 522.29% compared to the same period last year[5] - The net profit attributable to shareholders was ¥168,059,595.41, reflecting a year-on-year growth of 449.15%[5] - The basic earnings per share for the quarter was ¥0.1561, an increase of 451.59% compared to the same period last year[6] - The company achieved operating revenue of RMB 3.91 billion for the period, an increase of 7.03% year-over-year, and net profit of RMB 275.89 million, a significant growth of 299.04% compared to the previous year[15] - Operating profit for the first three quarters of 2025 was CNY 302,268,429.29, significantly higher than CNY 63,274,104.50 in the previous year, marking a growth of 377.5%[22] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was CNY 275,893,852.59, compared to CNY 69,139,326.46 in the same period of 2024, reflecting an increase of 299.5%[23] - The basic earnings per share for the first three quarters of 2025 was CNY 0.2563, compared to CNY 0.0637 in the same period of 2024, indicating improved profitability per share[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,301,548,197.69, marking a 14.17% increase from the end of the previous year[6] - The company reported a total of 7,176.28 million RMB in current assets as of September 30, 2025, compared to 5,616.93 million RMB at the end of 2024, reflecting a substantial increase[17] - The company’s total number of common stock shareholders at the end of the reporting period was 157,164[14] - Total assets as of the end of the reporting period amounted to CNY 10,301,548,197.69, up from CNY 9,023,322,287.45, representing a growth of 14.2%[19] - Total liabilities increased to CNY 4,143,536,318.39 from CNY 3,090,882,960.51, reflecting a rise of 33.9%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥107,874,961.07, which decreased by 82.77% compared to the previous year[6] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 4,121,101,777.96, an increase of 4.3% compared to CNY 3,951,606,191.07 in the same period of 2024[25] - The net cash flow from operating activities decreased significantly to CNY 107,874,961.07, down 82.8% from CNY 626,009,582.51 in the previous year[25] - Cash inflow from investment activities totaled CNY 1,602,590,758.72, a substantial increase from CNY 633,247,189.94 in the prior year[26] - The net cash flow from investment activities was negative at CNY -715,185,249.61, an improvement from CNY -810,616,824.91 in the same period last year[26] - Cash inflow from financing activities was CNY 925,309,946.81, compared to CNY 825,000,000.00 in the previous year, reflecting a growth of 12.1%[26] - The net cash flow from financing activities improved to CNY 207,358,932.21, compared to a negative CNY -110,549,200.11 in the same period last year[26] - The ending balance of cash and cash equivalents decreased to CNY 657,128,584.09 from CNY 985,135,833.46 at the end of the previous year[26] - The company received CNY 164,626,425.68 in tax refunds, up 70.4% from CNY 96,639,269.85 in the same period last year[25] - The total cash outflow from operating activities was CNY 4,013,226,816.89, an increase of 20.6% compared to CNY 3,325,596,608.56 in the previous year[25] Investments and R&D - Research and development expenses increased to CNY 213,761,814.74 in the first three quarters of 2025, up from CNY 132,528,594.62 in the previous year, indicating a focus on innovation[22] - The company is actively pursuing market opportunities in emerging fields such as humanoid robots and low-altitude aircraft, with positive progress in product development[16] Inventory and Receivables - The company’s inventory stood at RMB 1.945 billion, an increase from RMB 1.401 billion in the previous year, indicating a growth in stock levels[17] - The company’s accounts receivable increased to RMB 1.733 billion from RMB 1.503 billion, showing a rise in credit sales[17] Government Support - The company received government subsidies amounting to ¥7,338,851.13 during the quarter, contributing to its financial performance[8] Accounting Standards - The company did not apply new accounting standards for the year 2025[27]