AA Belt(SH:603580)2025-10-30 09:15Financial Performance - The company's operating revenue for Q3 2025 reached ¥89,651,672.42, representing a 113.34% increase compared to the same period last year[4] - Total profit for the quarter was ¥5,487,760.99, marking a significant increase of 189.00% year-over-year[4] - Net profit attributable to shareholders was ¥4,132,692.12, up 65.21% from the previous year[4] - The net profit excluding non-recurring gains and losses for the quarter was ¥4,053,173.50, reflecting a 124.55% increase year-over-year[4] - Total revenue for the first three quarters of 2025 reached ¥191,776,062.60, a 48.8% increase from ¥128,922,533.24 in the same period of 2024[20] - Operating profit for the first three quarters of 2025 was ¥14,744,150.47, compared to ¥4,787,461.36 in the previous year, reflecting a significant improvement[21] - Net profit for the first three quarters of 2025 was ¥12,418,187.59, up from ¥4,671,048.88 in 2024, indicating a growth of 165.5%[21] - Total comprehensive income for the period reached CNY 11,095,849.84, compared to CNY 4,550,480.37 in the same period last year, reflecting a significant increase[22] - Basic and diluted earnings per share increased to CNY 0.1018 from CNY 0.0447 year-over-year, indicating improved profitability[22] Assets and Liabilities - The company's total assets increased by 53.20% to ¥778,460,972.09 compared to the end of the previous year[5] - Total assets increased to ¥778,460,972.09 in 2025 from ¥508,148,789.98 in 2024, representing a growth of 53.2%[18] - Current assets totaled ¥329,997,468.97, compared to ¥202,926,845.93 in the previous year, marking a 62.5% increase[16] - Total liabilities rose to ¥288,648,114.38 from ¥73,124,512.85, showing a significant increase of 294.5%[18] - The company’s total liabilities increased, with current liabilities reaching CNY 125,376,764.54, up from CNY 35,386,761.75 year-over-year[27] - Total liabilities amounted to ¥145,776,441.04, with total equity at ¥399,076,829.34 as of the reporting date[30] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 41.08% to ¥9,138,325.37[4] - Cash flow from operating activities generated a net amount of CNY 9,138,325.37, down from CNY 15,509,092.87 in the previous year[25] - Cash flow from operating activities for the first three quarters of 2025 was ¥11,911,799.32, a significant recovery from a negative cash flow of -¥2,437,787.50 in 2024[36] - Operating cash inflows totaled CNY 167,356,358.91, compared to CNY 138,502,951.04 in the same period last year, showing growth in operational revenue[25] Investments and Expenses - The company completed the acquisition of Taizhou Zhongshixin Electronics Co., which contributed to the revenue growth[9] - Research and development expenses for the first three quarters of 2025 were ¥8,358,381.67, compared to ¥7,591,375.12 in 2024, reflecting a 10.1% increase[21] - The company incurred research and development expenses of ¥2,665,624.70 in the first three quarters of 2025, slightly down from ¥2,883,003.54 in 2024[31] - The company reported a net cash outflow from investing activities of CNY -50,579,758.56, compared to CNY -11,727,523.33 in the previous year, highlighting increased investment expenditures[26] - The company has made significant investments in long-term equity investments, which increased to CNY 383,898,019.39 from CNY 258,898,019.39, reflecting a strategic focus on long-term growth[27] Equity - The company reported a total equity attributable to shareholders of ¥420,983,271.15, a slight increase of 0.30% from the end of the previous year[5] - The total equity increased to ¥489,812,857.71 in 2025 from ¥435,024,277.13 in 2024, indicating a growth of 12.6%[18] - Cash and cash equivalents at the end of the period totaled CNY 53,352,458.33, up from CNY 35,931,395.04 at the end of the previous year[26] - Cash and cash equivalents at the end of the reporting period totaled ¥12,298,080.69, up from ¥4,256,023.97 in 2024[36] - The company raised ¥82,997,437.34 through financing activities in the first three quarters of 2025, compared to ¥5,000,000.00 in 2024[36]