King's Luck(SH:603369)2025-10-30 09:15Financial Performance - The company's operating revenue for the third quarter was CNY 1,930,366,841.60, a decrease of 26.78% compared to the same period last year[4] - The total profit for the quarter was CNY 413,869,324.68, down 50.46% year-on-year[4] - The net profit attributable to shareholders was CNY 320,347,746.34, reflecting a decline of 48.69% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.2569, a decrease of 48.70% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was ¥8,881,812,629.52, a decrease of 10.7% compared to ¥9,941,582,189.34 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was ¥2,549,063,290.84, down 17.4% from ¥3,085,799,149.86 in the first three quarters of 2024[19] - Operating profit for the first three quarters of 2025 was ¥3,377,956,565.12, a decline of 18.0% compared to ¥4,121,748,142.35 in the same period of 2024[18] - Earnings per share for the first three quarters of 2025 was ¥2.0445, compared to ¥2.4750 in the same period of 2024, indicating a decline in profitability[20] - Total comprehensive income for the first three quarters of 2025 was ¥2,549,387,804.60, down from ¥3,085,184,208.63 in 2024, reflecting overall performance decline[19] Cash Flow and Investments - The net cash flow from operating activities decreased by 59.33% to CNY 906,847,947.73 for the year-to-date period[10] - Cash flow from operating activities for the first three quarters of 2025 was ¥906,847,947.73, a significant decrease of 59.3% compared to ¥2,229,839,569.15 in 2024[21] - Cash inflow from investment activities in the first three quarters of 2025 was ¥2,683,995,993.02, significantly higher than ¥732,103,835.02 in 2024, indicating increased investment recovery[21] - Total cash outflow from investment activities amounted to approximately $3.20 billion, an increase from $2.16 billion in the previous period, resulting in a net cash flow from investment activities of -$519 million, improving from -$1.43 billion[22] - The company reported a net decrease in cash and cash equivalents of approximately $917 million, compared to a decrease of $425 million in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,478,248,371.13, an increase of 1.06% from the end of the previous year[5] - The company's current assets decreased to RMB 12.71 billion from RMB 13.93 billion, primarily due to a reduction in cash and cash equivalents[15][16] - Inventory increased to RMB 6.10 billion from RMB 5.57 billion, indicating a growth of approximately 9.6%[15][16] - Total liabilities decreased to RMB 7.97 billion from RMB 8.77 billion, reflecting a reduction of about 9.1%[17] - The company's equity attributable to shareholders rose to RMB 16.51 billion from RMB 15.45 billion, marking an increase of approximately 6.8%[17] - The total liabilities to equity ratio improved, indicating a stronger financial position for the company[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,323[12] - The company has not reported any significant changes in its major shareholders or their participation in financing activities[13][14] Government Support and R&D - The company received government subsidies amounting to CNY 1,638,413.18 during the reporting period[7] - Research and development expenses increased to ¥32,339,616.59 in 2025, up from ¥29,154,195.70 in 2024, reflecting a focus on innovation[18]