2025-10-30 09:25Financial Performance - The company's operating revenue for the third quarter reached CNY 4,707,210,451.20, a year-on-year increase of 40.25% compared to CNY 3,356,217,577.61[6] - Total profit for the quarter was CNY 2,189,976,373.46, reflecting a 51.45% increase from CNY 1,446,027,308.18 in the same period last year[6] - Net profit attributable to shareholders was CNY 1,647,276,650.82, up 38.35% from CNY 1,190,678,192.78 year-on-year[6] - The basic earnings per share for the quarter was CNY 0.19, representing a 46.15% increase from CNY 0.13 in the previous year[6] - The company's operating income for the year-to-date period increased by 39.38% to CNY 12,708,369,810.92 compared to CNY 9,117,648,632.32 in the same period last year[6] - Total operating revenue for the first three quarters of 2025 reached ¥12.71 billion, a significant increase of 39.1% compared to ¥9.12 billion in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥5.11 billion, up 54.7% from ¥3.30 billion in the same period of 2024[22] - The company's total equity attributable to shareholders reached ¥81.93 billion, slightly up from ¥81.40 billion in 2024[20] - The company's total profit before tax for the first three quarters of 2025 was CNY 5,057,308,499.09, compared to CNY 4,071,048,399.83 in 2024, showing an increase of about 24.3%[32] Assets and Liabilities - The company's total assets increased by 8.67% to CNY 453,940,008,289.95 from CNY 417,736,375,414.01 at the end of the previous year[6] - The company's total assets as of September 30, 2025, reached CNY 109,698,560,614.56, up from CNY 103,093,100,610.36 at the end of 2024[18] - Total assets increased to ¥453.94 billion in 2025, compared to ¥417.74 billion in 2024, marking a growth of 8.7%[20] - Total liabilities also rose to ¥372.01 billion, an increase of 10.6% from ¥336.34 billion in 2024[20] - The total liabilities amounted to CNY 260,958,005,323.64, up from CNY 246,854,138,697.96 in the previous year[29] Cash Flow - The net cash flow from investment activities rose dramatically by 291.78% to CNY 20,177,099,430.62, indicating strong inflows from other debt investments[15] - The net cash flow from operating activities was CNY 1,795,310,107.31, a significant improvement from a negative cash flow of CNY 7,127,656,843.14 in the previous period[26] - Total cash inflow from investment activities reached CNY 28,171,221,738.97, compared to CNY 15,266,641,277.52 in the prior period, resulting in a net cash flow of CNY 20,177,099,430.62 from investment activities[26] - The company reported a net increase in cash and cash equivalents of CNY 20,468,550,928.60, contrasting with a decrease of CNY 4,459,030,034.35 in the prior period[27] - Cash and cash equivalents at the end of the third quarter of 2025 totaled CNY 62,749,422,278.24, up from CNY 51,843,109,134.03 in 2024, marking an increase of about 21.4%[34] Investment and Income - The company's investment income increased by 43.01% to CNY 5,831,352,862.52 for the period from January to September 2025 compared to the same period in 2024[15] - The fair value change income surged by 286.98% to CNY 899,033,154.53, reflecting significant gains in financial instruments[15] - The company's investment in non-trading stocks and perpetual bonds increased, leading to a 40.65% rise in other equity instrument investments to CNY 27,615,842,659.60[14] - The company's investment income increased to CNY 5,397,786,824.44 in 2025 from CNY 4,892,287,881.13 in 2024, indicating a growth of approximately 10.3%[32] - The net income from commission and fees increased to ¥4.83 billion, a rise of 28.8% compared to ¥3.75 billion in 2024[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 183,844[17] - The top shareholder, Sheneng Group Co., Ltd., holds 26.63% of the shares, totaling 2,262,428,700 shares[17] Tax and Expenses - The company's income tax expense rose by 231.19% to CNY 1,373,509,576.44, driven by an increase in pre-tax profits[15] - Total operating expenses increased to CNY 4,532,427,244.75 in 2025 from CNY 3,304,099,055.05 in 2024, representing a rise of approximately 37.24%[32] Adjustments and Other Changes - Contract liabilities adjusted from $157.21 million to $44.88 million after a reduction of $112.33 million[36] - Other liabilities increased from $8.47 billion to $8.58 billion after an adjustment of $112.33 million[36] - Other business revenue adjusted from $4.95 billion to $74.80 million after a reduction of $4.87 billion[36] - Other business costs adjusted from $4.98 billion to $19.32 million after a reduction of $4.96 billion[36] - Investment income adjusted from $4.17 billion to $4.08 billion after a reduction of $90.25 million[36]