ZMD(SH:688636) Sou Hu Cai Jing·2025-10-25 18:17Core Viewpoint - The company Zhimin Da (688636) has shown significant growth in stock price and financial performance, indicating a positive trend in its operations and market perception [1][3]. Stock Performance - As of October 24, 2025, Zhimin Da's stock closed at 36.66 yuan, up 10.42% from the previous week [1]. - The stock reached a peak price of 36.73 yuan and a low of 32.09 yuan during the week [1]. - The current market capitalization is 6.145 billion yuan, ranking 44th in the military electronics sector and 2808th in the A-share market [1]. Shareholder Changes - As of September 30, 2025, the number of shareholders increased to 9,837, representing an 85.39% rise since June 30 [2]. - The average number of shares held per shareholder decreased from 31,600 shares to 17,000 shares, with an average market value of 585,900 yuan per shareholder [2]. Financial Performance - In Q3 2025, the company reported revenue of 216,797,111.99 yuan, a year-on-year increase of 340.71% [3]. - The net profit attributable to shareholders was 43,689,068.03 yuan, a turnaround from a loss of 10,860,453.49 yuan in the same period last year [3]. - Year-to-date revenue reached 511,553,487.28 yuan, up 145.16%, with a net profit of 81,987,113.36 yuan, indicating a return to profitability [3]. - R&D expenditure as a percentage of revenue decreased to 10.84% due to substantial revenue growth [3]. - The net cash flow from operating activities was -29,383,312.40 yuan, a decrease of 194.68% year-on-year, attributed to reduced collections and increased tax payments [3]. Company Announcements - On October 24, 2025, the company disclosed its Q3 2025 report and approved the nomination of candidates for the fourth board of directors [4]. - A temporary shareholders' meeting is scheduled for November 17, 2025 [4]. - The company’s application for a simplified stock issuance to specific investors has been accepted by the Shanghai Stock Exchange, pending regulatory approval [4]. - A new subsidiary, Chengdu Zhihui Xintu Technology Co., Ltd., was registered on October 15, 2025, focusing on AI software development and intelligent robotics [4].