2025-10-30 11:15Financial Performance - The company's operating revenue for the third quarter reached ¥2,026,903,912.14, representing a year-on-year increase of 120.55%[3] - The total profit for the third quarter was ¥811,342,079.47, showing a year-on-year growth of 103.93%[3] - The net profit attributable to shareholders for the third quarter was ¥635,504,516.56, an increase of 106.24% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥602,342,572.58, reflecting a decrease of 96.23% year-on-year[3] - The company reported a basic earnings per share of ¥0.11 for the third quarter, with a year-to-date figure of ¥0.31, reflecting a 121.43% increase[4] - Total operating revenue for the first three quarters of 2025 reached ¥6,038,106,644.30, a significant increase from ¥2,004,892,871.86 in the same period of 2024, representing a growth of approximately 201.5%[20] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥1,762,737,381.05, compared to ¥395,852,452.20 in 2024, marking an increase of about 345.5%[21] - The basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.31, compared to ¥0.14 in 2024, reflecting an increase of approximately 121.4%[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥189,324,970,981.32, which is a 94.76% increase compared to the end of the previous year[4] - The total liabilities of the company amounted to ¥136,797,889,132.39, up from ¥78,260,127,254.77 in the previous year, reflecting a growth of approximately 74.7%[18] - The total liabilities of the company as of September 30, 2025, were CNY 82,615,563,123.50, compared to CNY 77,047,868,352.91 at the end of 2024, representing an increase of approximately 7.0%[26] - The total assets of the company as of September 30, 2025, amounted to CNY 132,973,494,659.55, up from CNY 95,138,069,572.84 at the end of 2024, reflecting a growth of approximately 39.7%[25] Cash Flow - The company reported a net cash flow from financing activities of ¥1.55 billion, a significant turnaround from a negative cash flow of ¥1.21 billion in the previous year[11] - The company reported a net cash outflow from operating activities of ¥1,929,752,746.25 for the first three quarters of 2025, contrasting with a net inflow of ¥12,977,293,226.32 in the same period of 2024[22] - Investment activities generated a net cash inflow of ¥23,812,546,258.44 in the first three quarters of 2025, compared to ¥2,184,121,280.70 in 2024, indicating a substantial increase in investment returns[22] - The net cash flow from financing activities was CNY 1,554,458,012.22, a turnaround from a negative cash flow of CNY -1,208,618,564.39 in the previous year[24] - Cash inflow from financing activities totaled CNY 9.31 billion, an increase from CNY 7.45 billion in the previous year[31] Shareholder Information - Total number of common shareholders at the end of the reporting period was 91,934[13] - The largest shareholder, Wuxi Guolian Development (Group) Co., Ltd., holds 1,355,626,560 shares, representing 23.86% of total shares[13] - The top 10 shareholders collectively hold 38.52% of the company’s shares[14] Investment and Income - The significant growth in performance is attributed to the company's proactive market engagement and the inclusion of Minsheng Securities Co., Ltd. in the financial statements[3] - Fee and commission income surged by 145.34% to ¥2.91 billion, driven by increased brokerage and investment banking revenues[10] - Investment income improved to ¥2.80 billion, a notable recovery from a loss of ¥1.13 billion in the prior year[10] - The company's investment income for the first three quarters of 2025 was CNY 1,698,027,531.26, a significant improvement from a loss of CNY -1,263,983,681.97 in the same period of 2024[27] Goodwill and Derivatives - The goodwill increased to ¥14.07 billion, reflecting a 1,131.59% rise due to newly consolidated subsidiaries[9] - Derivative financial assets decreased by 53.51% to ¥429.17 million, primarily due to changes in the scale and fair value of derivative financial instruments[9]