SWSC(SH:600369)2025-10-30 11:10Financial Performance - Operating revenue for Q3 2025 reached ¥1,014,592,185.29, an increase of 77.10% compared to the same period last year[5] - Total profit for Q3 2025 was ¥347,028,644.30, reflecting a growth of 98.17% year-on-year[5] - Net profit attributable to shareholders for Q3 2025 was ¥282,574,637.56, up 97.95% from the previous year[5] - The net profit excluding non-recurring gains and losses for Q3 2025 was ¥285,735,619.39, a 102.52% increase year-on-year[5] - Total operating revenue for the first three quarters of 2025 reached ¥2,518,133,142.43, a significant increase from ¥1,763,977,350.46 in the same period of 2024, representing a growth of approximately 42.7%[25] - Net profit for the first three quarters of 2025 was ¥705,743,629.65, compared to ¥481,796,773.70 in 2024, indicating an increase of about 46.7%[25] - Basic earnings per share for the first three quarters of 2025 were ¥0.11, compared to ¥0.07 in 2024, representing a growth of about 57.1%[25] - Net profit for the first three quarters of 2025 was ¥714,859,047.97, up from ¥628,796,248.64, representing a growth of 13.7%[31] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥96,533,920,911.93, a 15.96% increase from the end of the previous year[5] - Total assets increased to ¥96,533,920,911.93 in 2025 from ¥83,249,447,492.98 in 2024, showing a growth of approximately 15.9%[23] - Total liabilities rose to ¥70,601,306,878.16 in 2025, compared to ¥57,438,122,819.11 in 2024, an increase of about 22.9%[23] - The company's total liabilities increased to 67,764,122,185.19 RMB from 54,811,249,602.60 RMB, representing a rise of about 23.6%[29] - The company's total equity reached ¥25,932,614,033.77 in 2025, slightly up from ¥25,811,324,673.87 in 2024, indicating a growth of approximately 0.5%[23] - The company's total equity as of September 30, 2025, was 25,236,156,662.93 RMB, slightly up from 25,104,519,087.12 RMB at the end of 2024[29] Income Sources - The net income from interest for the first nine months of 2025 was ¥379,938,429.89, a 30.69% increase compared to the same period in 2024[12] - The net income from fees and commissions for the first nine months of 2025 rose to ¥754,979,643.70, reflecting a 62.75% increase year-on-year[12] - The company reported a significant increase in other business income, which reached ¥91,721,332.60, up 116.02% from the previous year[12] - The net interest income rose to ¥379,938,429.89 in 2025 from ¥290,713,872.00 in 2024, marking an increase of approximately 30.7%[25] - Investment income surged to ¥1,134,819,991.03 in 2025, up from ¥498,846,565.13 in 2024, reflecting a growth of around 127.7%[25] - The company reported a significant increase in commission income from brokerage services, which rose to ¥568,493,610.39 in 2025 from ¥368,669,800.47 in 2024, a growth of approximately 54.2%[25] Cash Flow - As of September 30, 2025, the company's cash and cash equivalents amount to 21,096,812,791.70 RMB, an increase from 19,055,629,976.52 RMB at the end of 2024[20] - Cash and cash equivalents at the end of Q3 2025 were 25,752,442,172.66 RMB, compared to 19,045,829,523.79 RMB at the end of 2024, showing an increase of approximately 35.1%[27] - The net cash flow from operating activities was -1,347,986,891.81 RMB, a significant decline compared to 4,259,673,009.95 RMB in the same period of 2024[27] - Total cash inflow from operating activities reached 16,467,774,331.02 RMB, up from 12,700,776,456.68 RMB year-on-year, indicating a growth of approximately 29.5%[27] - The company issued bonds, generating cash inflow of 8,062,000,000.00 RMB in 2025, compared to 2,132,730,142.74 RMB in 2024, marking an increase of 277.5%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 117,930[15] - The top 10 shareholders hold a total of 3,000,000,000 shares, representing 45.85% of the total shares[15] - Chongqing Yufu Capital Operation Group Co., Ltd. is the largest shareholder, holding 1,960,661,852 shares, which is 29.51% of the total[15] - The company plans to distribute a cash dividend of 0.1 RMB per 10 shares, totaling 66,451,091.24 RMB, which accounts for 23.52% of the net profit attributable to shareholders for Q3 2025[17] Legal Matters - The company has a pending lawsuit with a claim of approximately 21 million RMB related to a futures brokerage contract dispute[18] - The company has recovered approximately 23,053.61 million RMB from stock pledge disputes during the reporting period[19] - The company does not have any significant litigation or arbitration matters exceeding 10% of the latest audited net assets during the reporting period[17] Corporate Governance - The company has revised its articles of association and will no longer have a supervisory board or supervisors[16]