SAFETY(SH:603028)2025-10-30 10:05Financial Performance - The company's operating revenue for the third quarter reached ¥541,747,230.95, an increase of 43.17% compared to the same period last year[4] - The total profit for the third quarter was a loss of ¥12,716,442.41, representing a decrease of 73.79% year-on-year[4] - The net profit attributable to shareholders for the third quarter was a loss of ¥1,661,812.75, an increase in loss of 89.05% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥4,485,861.83, a decrease of 71.74% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 1,602,447,458.86, a significant increase of 55.2% compared to CNY 1,031,481,557.08 in the same period of 2024[20] - Total operating costs for the first three quarters of 2025 were CNY 1,667,589,730.38, up 45.5% from CNY 1,153,179,871.30 in 2024[20] - The net loss for the first three quarters of 2025 was CNY 24,265,437.41, an improvement from a net loss of CNY 80,379,457.10 in the same period of 2024[21] - The operating profit for the first three quarters of 2025 was CNY -26,796,932.53, compared to CNY -105,541,946.04 in 2024, indicating a reduced loss[20] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was ¥197,803,487.65, an increase of 474.39% compared to the previous year[4] - The cash flow from operating activities for the first three quarters of 2025 showed improvement, although specific figures were not provided in the extracted data[22] - In the first three quarters of 2025, the net cash flow from operating activities was approximately $197.80 million, a significant increase from $34.44 million in the same period of 2024, representing a growth of 474%[23] - Total cash inflow from operating activities for the first three quarters of 2025 was approximately $1.16 billion, compared to $850.27 million in 2024, indicating a year-over-year increase of 37%[23] - The cash outflow from investing activities in the first three quarters of 2025 was approximately $31.09 million, a decrease from $425.42 million in 2024, showing a reduction of 92%[24] - The net cash flow from financing activities in the first three quarters of 2025 was negative at approximately $183.99 million, contrasting with a positive cash flow of $370.69 million in 2024[24] - The total cash and cash equivalents at the end of the third quarter of 2025 stood at approximately $114.16 million, compared to $92.08 million at the end of the same period in 2024, reflecting an increase of 24%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,777,699,785.84, an increase of 13.62% compared to the end of the previous year[5] - The company's current assets reached CNY 1,258,685,905.42, up from CNY 876,104,498.83, indicating a significant increase of about 43.6%[15] - The total liabilities of the company were CNY 1,258,685,905.42, reflecting a rise from the previous total, indicating a need for careful management of debt levels[16] - The total liabilities increased to CNY 2,358,112,509.62 in 2025 from CNY 2,000,581,111.50 in 2024, reflecting a growth of 17.9%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,805[12] - The total equity attributable to shareholders of the parent company was CNY 512,124,018.13, a slight increase from CNY 511,061,622.72 in 2024[20] - The company reported a basic earnings per share of CNY 0.005 for the first three quarters of 2025, compared to a loss of CNY 0.10 per share in 2024[21] Business Strategy and Development - The company achieved a year-to-date revenue increase of 55.35% due to active business expansion efforts[9] - The company reported a significant increase in sales revenue and gross profit margin, contributing to the overall profit growth[10] - The company plans to continue focusing on market expansion and new product development to drive future growth[22] - There are no new strategies or product developments mentioned in the current report, indicating a focus on existing operations and financial stability[14] Research and Development - Research and development expenses for the first three quarters of 2025 amounted to CNY 40,074,690.54, slightly higher than CNY 37,681,238.97 in 2024[20]