Core Insights - Foxit Software (688095.SH) reported its Q3 2025 results, revealing that 28 institutional investors hold a total of 9.1097 million shares, representing 9.96% of the company's total equity [1] - The top ten institutional investors collectively hold 9.29% of the shares, but this represents a decline of 7.39 percentage points compared to the previous quarter [1] Institutional Holdings - In the public fund sector, 10 funds increased their holdings, with notable ones including Huaxia Core Technology 6-Month Open Mixed A and China Europe Yingxuan Stable Mixed Fund [2] - Conversely, 4 public funds reduced their holdings, with a slight decrease in the overall percentage [2] - There were 9 newly disclosed public funds, while 241 funds were not disclosed in the current period [2] Social Security Fund Holdings - Three new social security funds disclosed their holdings in Foxit Software, including the National Social Security Fund 403 Combination [2] - One social security fund, the National Social Security Fund 115 Combination, was not disclosed in the current period [2] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 0.73% compared to the previous quarter [3]

格隆汇10月29日丨福昕软件(688095.SH)公布2025年第三季度报告，营业收入为2.54亿元，同比上升 47.80%；归属于上市公司股东的净利润为628.48万元；归属于上市公司股东的扣除非经常性损益的净利 润为48.44万元。 ...

Financial Performance - The company achieved operating revenue of CNY 253.69 million in Q3 2025, representing a year-on-year increase of 47.80%[4] - For the first three quarters, the total operating revenue reached CNY 676.29 million, up 32.81% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 6.28 million in Q3 2025, a decline of 96.37% year-on-year, primarily due to previous non-recurring gains[9] - Subscription revenue for the first three quarters was CNY 398.58 million, reflecting a 62.87% increase year-on-year, accounting for 61.28% of the original business segment's revenue[16] - Channel revenue for the first three quarters amounted to CNY 288.28 million, up 48.21% year-on-year, representing 44.32% of the original business segment's revenue[19] - The annual recurring revenue (ARR) from subscription business reached CNY 551.05 million, a growth of 50.57% year-on-year[14] - Revenue from Foxit International increased by 29.61% year-on-year, while revenue from Foxit China grew by 63.67%[24] - North America revenue grew by nearly 25% year-on-year, with a quarterly increase of 35.27% in Q3; Europe saw a 32.31% year-on-year increase, with a 39.57% quarterly increase; and Asia-Pacific revenue grew by 54.84% year-on-year, with a 39.75% quarterly increase[24] - The domestic market revenue in China experienced a significant growth of 63.67% year-on-year, with a remarkable quarterly increase of 143.03% in Q3[24] - Subscription revenue accounted for 61.28% of total revenue, reflecting a year-on-year growth of 32.81%[29] - The annual recurring revenue (ARR) from subscription business reached 551.05 million RMB, a 33.98% increase compared to the previous year[29] - Revenue from channel sales increased by 48.21% year-on-year, contributing to 44.32% of total revenue[29] Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 608.77 million for the year-to-date, showing significant improvement from a net outflow of CNY 105.55 million in the same period last year[10] - The net cash flow from operating activities for the original business segment was 56.46 million RMB, showing significant improvement compared to the previous year[30] - The company reported a net loss of 21.86 million RMB after excluding non-recurring gains and losses, narrowing the loss by approximately 77.16% compared to the previous year[30] - Net cash flow from investment activities was $165.13 million, a slight increase from $162.15 million year-over-year[47] - Total cash inflow from financing activities amounted to $228.20 million, compared to $8.83 million in the previous period[47] - Net cash flow from financing activities reached $183.40 million, a significant improvement from a negative $49.23 million last year[47] - The net increase in cash and cash equivalents was $358.11 million, compared to $1.52 million in the previous period[47] - The ending balance of cash and cash equivalents stood at $1.12 billion, up from $713.49 million year-over-year[47] Research and Development - The company’s R&D investment totaled CNY 568.25 million, accounting for 22.40% of operating revenue, a decrease of 18.47 percentage points year-on-year[2] - Research and development expenses were ¥174.49 million, slightly down from ¥178.89 million in the previous year[44] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,672[32] - The largest shareholder, Xiong Yuqian, holds 36,410,668 shares, representing 39.82% of the total shares[32] - The company has a repurchase account holding 1,738,819 shares, accounting for 1.90% of the total share capital[33] - The company has not disclosed any known relationships or concerted actions among the top shareholders[33] - The company has not experienced any changes in the lending/borrowing of shares among the top shareholders during the reporting period[34] Incentive Plans - The 2022 restricted stock incentive plan has been approved, with 568,098 shares eligible for vesting for 159 participants[35] - The 2024 restricted stock incentive plan has also been approved, with 801,047 shares eligible for vesting for 185 participants[36] - The company is implementing a long-term incentive mechanism to attract and retain talent through stock options and employee stock ownership plans[35] - The company plans to distribute cash assets from the employee stock ownership plan after the lock-up period ends[37] - The company has completed the registration of shares for the first vesting period of the 2022 and 2024 incentive plans[37] - The number of incentive recipients for the first batch of the third phase in 2022 was 154, with a total of 489,789 shares allocated[38] - The company approved the cancellation of 80,000 repurchased shares, adjusting their use from employee stock plans to capital reduction[38] Assets and Liabilities - Total assets increased by 20.60% year-on-year, reaching CNY 3.72 billion at the end of the reporting period[3] - As of September 30, 2025, total current assets amounted to CNY 2,515,271,238.05, an increase from CNY 2,290,476,289.30 at the end of 2024[40] - The total non-current assets as of September 30, 2025, were CNY 1,200,232,149.05, compared to CNY 790,439,907.13 at the end of 2024[41] - Total assets reached CNY 3,715,503,387.10 as of September 30, 2025, up from CNY 3,080,916,196.43 at the end of 2024[42] - Current liabilities totaled CNY 740,904,867.77 as of September 30, 2025, compared to CNY 500,726,772.16 at the end of 2024[42] - Total liabilities amounted to CNY 968,947,661.90 as of September 30, 2025, an increase from CNY 537,546,864.39 at the end of 2024[42] - The company's total equity as of September 30, 2025, was CNY 2,746,555,725.20, compared to CNY 2,543,369,332.04 at the end of 2024[42] Operational Challenges - Operating profit turned negative at -¥6.08 million, compared to a profit of ¥34.46 million in the previous year[45] - Net profit for the first three quarters of 2025 was -¥18.42 million, a significant decline from a profit of ¥33.49 million in 2024[45] - Basic earnings per share decreased to ¥0.0157 from ¥0.4354 year-over-year[46] - The company reported a total comprehensive loss of -¥21.45 million, compared to a comprehensive income of ¥30.53 million in the same period of 2024[46] - The company experienced a significant increase in sales expenses, which rose to ¥302.79 million from ¥275.66 million, reflecting a growth of 9.8%[44]

福昕软件公告，第三季度营收为2.54亿元，同比增长47.80%；净利润为628.48万元。前三季度营收为 6.76亿元，同比增长32.81%；净利润为140.51万元，同比下降96.37%。 ...

Group 1 - The core viewpoint of the news is that Fujian Foxit Software Co., Ltd. has seen a stock price increase of 5.31%, reaching 76.80 CNY per share, with a total market capitalization of 7.023 billion CNY [1] - The company specializes in the research, application, sales, and services of core PDF electronic document technologies, with its main business revenue composition being 88.17% from general document products and services, 10.63% from intelligent document processing platforms, 1.08% from smart government products, and 0.11% from other services [1] Group 2 - From the perspective of fund holdings, Huatai-PB Fund has one fund heavily invested in Foxit Software, with the 1000 Enhanced Fund holding 4,480 shares, accounting for 0.95% of the fund's net value, ranking as the tenth largest holding [2] - The 1000 Enhanced Fund has achieved a year-to-date return of 39.88% and a one-year return of 42.61%, with a total fund size of 32.1435 million CNY [2] Group 3 - The fund manager of the 1000 Enhanced Fund, Liu Jun, has a tenure of 16 years and 151 days, with a total fund asset size of 535.821 billion CNY, achieving a best return of 148.92% during his tenure [3] - Co-manager Da Huang has a tenure of 5 years and 172 days, managing a fund size of 1.763 billion CNY, with a best return of 70.04% during his tenure [3]

证券代码：688095 证券简称：福昕软件 公告编号：2025-057 福建福昕软件开发股份有限公司 关于董事会延期换届及部分独立董事任期届满 的提示性公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、公司董事会延期换届情况 福建福昕软件开发股份有限公司（以下简称"公司"）第四届董事会任期将 于 2025 年 10 月 30 日届满，鉴于相关换届工作尚在积极筹备中，为保证公司董 事会相关工作的连续性及稳定性，公司董事会的换届选举工作将适当延期，董事 会各专门委员会及董事会聘任的高级管理人员任期亦将相应顺延。 在换届选举工作完成前，公司第四届董事会全体成员、董事会各专门委员会 成员及高级管理人员将依照相关法律法规和《福建福昕软件开发股份有限公司章 程》（以下简称《公司章程》）的相关规定，继续履行相应的职责和义务。 公司董事会延期换届不会影响公司的正常运营。公司将积极推进相关工作， 尽快完成董事会换届选举工作，并及时履行信息披露义务。 规定，在董事会换届工作完成以前，肖虹女士将继续履行其独立董事及相关董事 会专门委员会委 ...

Core Viewpoint - Foxit Software (688095.SH) reported its 2025 semi-annual results, showing a significant increase in revenue but a net loss for shareholders, indicating potential challenges in profitability despite revenue growth [1][3]. Financial Performance Summary - Revenue for the reporting period reached 422.61 million yuan, a year-on-year increase of 25.20% [1][3]. - The net profit attributable to shareholders was -4.88 million yuan, a decrease of 107.81% compared to the previous year's profit of 62.52 million yuan [1][3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -22.35 million yuan, compared to -63.77 million yuan in the same period last year [1][3]. - The net cash flow from operating activities was -59.31 million yuan, an improvement from -77.83 million yuan in the previous year [1][3]. Historical Financial Data - In 2021, the company reported revenue of 541.12 million yuan, a 15.48% increase year-on-year, but a net profit of 46.24 million yuan, down 59.90% [5]. - In 2022, revenue was 580 million yuan, up 7.16%, with a net loss of 0.17 million yuan, a decrease of 103.77% [4]. - In 2023, revenue reached 611 million yuan, a 5.33% increase, but the net loss expanded to 90.94 million yuan [4]. - In 2024, revenue was 711.14 million yuan, a 16.44% increase, with a net profit of 26.96 million yuan [6]. Company Background - Foxit Software was listed on the Sci-Tech Innovation Board on September 8, 2020, with an initial offering of 12.04 million shares at a price of 238.53 yuan per share [6][7]. - The total funds raised amounted to 2.872 billion yuan, with a net amount of 2.586 billion yuan after deducting issuance costs [7]. - The company’s major shareholder is Xiong Yuqian, who holds dual nationality (China and the USA) [8].

Core Viewpoint - Foxit Software's stock price has shown a mixed performance in recent trading sessions, with a year-to-date increase of 7.38% but a decline over the past five, twenty, and sixty days [1] Financial Performance - For the first half of 2025, Foxit Software reported revenue of 423 million yuan, representing a year-on-year growth of 25.20% [2] - The company recorded a net profit attributable to shareholders of -4.88 million yuan, a significant decrease of 107.81% compared to the previous period [2] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 12.58% to 7,688, while the average circulating shares per person increased by 14.39% to 11,893 shares [2] - The company has distributed a total of 169 million yuan in dividends since its A-share listing, with 94 million yuan distributed over the past three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder with 3.42 million shares, an increase of 1.69 million shares from the previous period [3] - Other notable shareholders include Xingquan He Run Mixed A and Xingquan He Yi Mixed A, with varying changes in their holdings [3] Business Overview - Foxit Software, established on September 29, 2001, specializes in the development, application, sales, and service of core PDF electronic document technologies [1] - The company's revenue composition includes 88.17% from general document products and services, 10.63% from intelligent document processing platforms, and 1.08% from digital government products and services [1]

Core Points - Foxit Software announced the completion of the first batch of stock registration for the 2024 restricted stock incentive plan on October 20 [2] - The number of shares in this batch is 773,360 shares [2] - The shares were sourced from the company's repurchase of A-share common stock in the secondary market [2]

Core Points - Foxit Software announced the completion of the first grant of the 2022 restricted stock incentive plan for the third vesting period and the first batch of the second vesting period for the reserved grant [2] - The number of shares vested in this batch is 608,267 shares [2] - The shares in this batch were sourced from the company's repurchase of its A-share common stock in the secondary market [2]