CECL(SH:600675)2025-10-30 10:05Financial Performance - The company's operating revenue for the third quarter was ¥636,841,099.81, an increase of 4.73% compared to the same period last year[5]. - The total profit for the year-to-date period reached ¥1,179,838,276.36, reflecting a significant increase of 336.81% year-on-year[5]. - The net profit attributable to shareholders was -¥169,212,410.75 for the third quarter, with a year-to-date net profit of ¥351,778,739.81[5]. - The basic and diluted earnings per share for the third quarter were both -¥0.03, while the year-to-date earnings per share stood at ¥0.06[6]. - Total operating revenue for the first three quarters of 2025 reached CNY 7,316,044,099.99, a significant increase from CNY 1,674,871,483.24 in the same period of 2024, representing a growth of approximately 337.5%[18]. - Net profit for the first three quarters of 2025 was CNY 742,452,488.29, a turnaround from a net loss of CNY 502,041,985.64 in the same period of 2024[19]. - The basic earnings per share for the first three quarters of 2025 was CNY 0.06, compared to a loss of CNY 0.09 per share in the same period of 2024[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥51,785,468,036.53, showing a decrease of 8.79% from the previous year-end[6]. - The total current assets as of September 30, 2025, amount to ¥38,708,310,095.69, a decrease from ¥43,862,445,807.08 as of December 31, 2024, representing a decline of approximately 11.5%[15]. - The total assets decreased from ¥56,777,717,344.80 to ¥51,785,468,036.53, indicating a decline of approximately 8.8%[15]. - The total liabilities include short-term borrowings of ¥30,013,333.34, which increased from ¥20,013,333.34, marking a rise of 50%[15]. - The company's total liabilities decreased to CNY 34,196,011,040.64 in 2025 from CNY 39,814,672,583.37 in 2024, reflecting a reduction of approximately 14.5%[17]. Cash Flow - The company reported a cash flow from operating activities of ¥382,324,215.32 year-to-date, reflecting a decrease of 15.12%[6]. - The cash inflow from operating activities for the first three quarters of 2025 was CNY 4,293,283,079.34, down from CNY 4,946,450,180.88 in 2024, a decrease of approximately 13.2%[20]. - Operating cash flow outflow totaled approximately $3.91 billion, a decrease from $4.50 billion in the previous period, reflecting a reduction of about 13%[21]. - Net cash flow from operating activities was approximately $382.32 million, down from $450.43 million, indicating a decline of around 15%[21]. - Cash inflow from investment activities was approximately $51.06 million, significantly up from $7.64 million, marking an increase of over 570%[21]. - Cash inflow from financing activities was approximately $2.76 billion, down from $3.58 billion, representing a decrease of about 23%[21]. - The net cash flow from financing activities was negative at approximately $3.98 billion, slightly better than the previous negative $4.47 billion[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,390[12]. - The equity attributable to shareholders increased by 2.41% year-on-year, amounting to ¥14,679,128,209.10[6]. - The total equity attributable to shareholders increased to CNY 14,679,128,209.10 in 2025 from CNY 14,333,835,467.03 in 2024, showing a growth of about 2.4%[17]. Other Financial Metrics - Non-recurring gains and losses for the current period totaled ¥6,854,313.34, with government subsidies contributing ¥4,244,019.95[8]. - The company's financial expenses for the first three quarters of 2025 were CNY 470,559,717.32, compared to CNY 539,663,610.69 in 2024, indicating a reduction of about 12.8%[18]. - The investment income for the first three quarters of 2025 was CNY 257,823,237.37, a significant increase from CNY 8,129,168.49 in 2024[19]. - The company's contract liabilities decreased to CNY 5,148,142,345.85 in 2025 from CNY 8,869,434,314.31 in 2024, a decline of approximately 41.5%[16]. Inventory and Receivables - The accounts receivable increased to ¥438,397,850.06 from ¥311,802,971.15, showing an increase of about 40.6%[15]. - The total inventory decreased from ¥24,669,511,021.55 to ¥20,781,827,979.00, reflecting a decline of about 15.5%[15]. - The total non-current assets increased slightly from ¥12,915,271,537.72 to ¥13,077,157,940.84, representing an increase of approximately 1.3%[15]. - The total accounts payable decreased from ¥2,237,511,502.99 to ¥1,851,470,248.65, showing a decline of about 17.3%[15]. Accounting Standards - The company will not apply new accounting standards starting from 2025[22].