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| *Source of image: Review report of Shining 3D from January to September 2025 |
Operating revenue of 1.088 billion yuan / Net profit attributable to the parent company increased by 190.91% / Net cash flow increased by 194.59%
Good Teeth · News |Shining 3D Technology Co., Ltd. recently released its review report for January - September 2025. The report reveals that from January to September 2025, the company achieved an operating revenue of 1.088 billion yuan, a year - on - year increase of 36.29%; the net profit attributable to the owners of the parent company was 282 million yuan, a year - on - year increase of 190.91%; the net cash flow from operating activities was 290 million yuan, a year - on - year increase of 194.59%, indicating a significant improvement in cash flow.
Looking at the single - quarter data, in the third quarter of 2025, the company's operating revenue was 400 million yuan, a year - on - year increase of 45.36%; the net profit attributable to the parent company was 106 million yuan, a year - on - year increase of 282.22%.
From January to September 2025, the company's selling expenses were 252 million yuan, with a selling expense ratio of 23.16%, a decrease of 4.08 percentage points compared with the same period of the previous year; the R & D expenses were 234 million yuan, with an R & D expense ratio of 21.50%, a decrease of 5.91 percentage points compared with the same period of the previous year.
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| *Source of image: Review report of Shining 3D from January to September 2025 |
From January to September 2025, the company purchased land use rights worth 54.59 million yuan. The ending balance of construction in progress was 92.796 million yuan, an increase of 60.1893 million yuan compared with the beginning of the year, mainly used for the organic renewal project of existing industrial land and the construction of the intelligent factory project.
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| *Source of image: Review report of Shining 3D from January to September 2025 |
As of September 30, 2025, the company's total assets were 2.327 billion yuan, and the total equity attributable to the owners of the parent company was 1.857 billion yuan. The ending balance of monetary funds was 227 million yuan, and the trading financial assets (including structured deposits, wealth management products, etc.) were 705 million yuan.
On November 29, 2025, the company's board of directors reviewed and approved the plan to publicly issue no more than 20 million shares to unspecified qualified investors and be listed on the Beijing Stock Exchange. The raised funds will be used for the R & D projects of industrial 3D visual measurement and inspection, high - precision 3D visual algorithms, and digital dental implant technology. This matter still needs to be reviewed by the shareholders' meeting.
Tianjian Certified Public Accountants (Special General Partnership) reviewed the current financial statements and found no material misstatements.