SQM(SH:688138)2025-10-30 10:10Financial Performance - The company's operating revenue for the third quarter reached ¥306,287,109.50, an increase of 15.21% compared to the same period last year[4] - Total profit for the quarter was ¥60,022,961.30, reflecting a significant increase of 59.33% year-over-year[4] - Net profit attributable to shareholders was ¥51,706,952.65, up 63.87% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥47,378,937.75, showing a growth of 75.29% compared to the same period last year[4] - Total revenue for the first three quarters of 2025 reached ¥928,317,340.22, an increase of 12.3% compared to ¥826,752,506.10 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥143,991,100.82, representing a 19.5% increase from ¥120,461,836.72 in 2024[23] - Total comprehensive income for the period reached CNY 143,991,100.82, compared to CNY 120,461,836.72 in the previous period, reflecting an increase of approximately 19.5%[24] Research and Development - Research and development expenses totaled ¥20,139,555.47 for the quarter, representing 6.58% of operating revenue, an increase of 1.33 percentage points year-over-year[5] - Research and development expenses increased to ¥44,989,885.53 in 2025 from ¥39,427,057.04 in 2024, marking a rise of 14.5%[23] Assets and Equity - Total assets at the end of the quarter amounted to ¥3,862,295,953.19, a 40.82% increase from the end of the previous year[5] - Equity attributable to shareholders reached ¥2,732,560,820.95, marking an 84.23% increase compared to the previous year[5] - The total assets of the company as of the end of the reporting period amounted to ¥3,862,295,953.19, up from ¥2,742,767,482.75 in the previous year, an increase of 40.8%[18] - The company's equity attributable to shareholders increased to ¥2,732,560,820.95 from ¥1,483,206,709.47, reflecting an increase of 83.9%[19] Shareholder Information - Total number of shareholders reached 12,694, with the largest shareholder holding 27.51% of shares[12] - The top 10 shareholders include Su Xi Guang Mo Technology (Shenzhen) Co., Ltd. with 86,613,600 shares (27.51%) and Guang Dong Province Guangxin Holdings Group Co., Ltd. with 26,905,798 shares (8.55%)[12] - The company has a total of 86,613,600 unrestricted circulating shares held by Su Xi Guang Mo Technology (Shenzhen) Co., Ltd.[13] - The company has not identified any related party relationships among the shareholders listed in the report[14] Cash Flow and Investments - The company reported cash and cash equivalents of approximately RMB 799.27 million as of September 30, 2025, compared to RMB 354.79 million at the end of December 2024, indicating a significant increase[16] - Cash inflow from operating activities totaled CNY 1,013,937,212.03, up from CNY 941,454,403.14, indicating a growth of about 7.7%[27] - The net cash flow from operating activities was CNY 236,731,809.01, compared to CNY 211,973,774.04 in the previous year, marking an increase of approximately 11.7%[27] - Cash outflow from investment activities was CNY 943,166,916.25, significantly higher than CNY 449,446,653.24, indicating increased investment activity[27] - The net cash flow from financing activities was CNY 916,129,410.83, compared to CNY 366,310,817.35, showing a substantial increase of about 150%[28] - The cash and cash equivalents at the end of the period amounted to CNY 799,254,113.91, up from CNY 476,554,095.88, reflecting a growth of approximately 67.5%[28] - The company received CNY 1,195,549,339.75 from investment activities, indicating strong capital inflow[28] - The company reported a significant increase in tax refunds received, amounting to CNY 16,525,305.13, compared to CNY 2,571,910.30 in the previous period[27] Operational Insights - The company attributed the profit growth to increased market demand and improved product structure, which enhanced gross margins[9] - The report indicates that there are no significant changes in the operational situation of the company during the reporting period[15] - The report does not indicate any new strategies or market expansions during the reporting period[15] - The company has not provided any future performance guidance or outlook in the current report[15] - There are no significant new product developments or technological advancements mentioned in the report[15] Liabilities - Total liabilities decreased to ¥1,120,948,714.21 from ¥1,259,560,773.28, a reduction of 11%[18] - The company reported a decrease in short-term borrowings to ¥197,586,929.92 from ¥216,766,813.14, a decline of 8.3%[18] Earnings Per Share - The basic and diluted earnings per share for the quarter were both ¥0.18, a 50.00% increase from the same period last year[5] - Basic and diluted earnings per share increased to CNY 0.49 from CNY 0.45, representing an increase of 8.89%[24] Accounting Standards - The company has not applied new accounting standards for the current year, maintaining consistency in financial reporting[29]