Core Insights - The company reported a significant increase in revenue and net profit for the third quarter of 2025, with revenue reaching 1.73 billion yuan, a year-on-year growth of 1332.52%, and a net profit of 566 million yuan [1][2] - For the first three quarters of 2025, the company achieved a revenue of 4.61 billion yuan, reflecting a year-on-year increase of 2386.38%, with a net profit of 1.60 billion yuan [1][2] Financial Performance - Revenue for the third quarter was 1,726,780,892.57 yuan, showing a year-on-year increase of 1,332.52% [2] - Net profit attributable to shareholders for the third quarter was 566,110,844.05 yuan [2] - For the first three quarters, total revenue was 4,607,424,363.66 yuan, with a year-on-year growth of 2,386.38% [2] Profitability Metrics - Basic earnings per share for the third quarter were 1.35 yuan, while diluted earnings per share were 1.34 yuan [4] - The weighted average return on equity increased to 8.03%, up by 11.77 percentage points [4] Research and Development - Total R&D expenditure for the third quarter was 258,226,217.64 yuan, representing a year-on-year increase of 22.05% [4] - R&D expenditure as a percentage of revenue was 14.95%, a decrease of 160.57 basis points compared to the previous year [4] Asset and Equity Growth - Total assets at the end of the reporting period were 12,592,153,353.85 yuan, an increase of 87.44% compared to the previous year [4] - Equity attributable to shareholders reached 11,311,145,494.56 yuan, reflecting a growth of 108.59% year-on-year [4]
寒武纪,营收大增1332.52%