ZKTeco 2025 Q3 Report
Stock Code: 301330 Abbreviation of Securities: ZKTECO Announcement No.: 2025-094
ZKTECO CO. LTD.2025 3rd Quarter Report
The Company and all members of the Board of Directors guarantee that
the information disclosed is true accurate and complete without any false
records misleading statements or material omissions.Important content tips:
1. The Board of Directors and directors senior management guarantee that the information presented in this
report is true accurate and complete without any false records misleading statements or material omissions and
will undertake individual and joint legal liabilities.
2. The Company's legal representative the person in charge of the accounting work and the person in charge
of accounting institution (accounting supervisor) hereby declare that the financial information in this report is true
accuracy and complete.
3. Whether the 3rd quarter report has been audited
□ Yes □No
1ZKTeco 2025 Q3 Report
I. Key Financial Data
(I) Main Accounting Data and Financial Indicators
Whether the Company performed a retroactive adjustment or restatement of the previous accounting data
□ Yes □No
Increase/decrease in this
From the beginning of
YoY change during the reporting period
Current reporting period 2025 to the end of the
reporting period compared to the same
reporting period
period last year
Operating revenue (RMB) 472049030.10 -7.04% 1401307789.60 -0.68%
Net profit attributable to
shareholders of listed 34979086.76 -16.80% 128214643.04 6.24%
companies (RMB)
Net profit attributable to
shareholders of listed
companies after deducting 31045595.83 -19.98% 115476509.32 8.97%
non-recurring profits and
losses (RMB)
Net cash flows from
operating activities -- -- 260778127.99 91.55%
(RMB)
Basic earnings per share
0.1500-17.58%0.55005.53%
(RMB/share)
Diluted earnings per share
0.1497-17.70%0.54835.81%
(RMB/share)
Weighted average return
1.04%-0.26%3.80%0.09%
on net assets
At the end of this At the end of the previous Increase or decrease at the end of this reporting
reporting period year period compared to the end of the previous year
Total assets (RMB) 4264413893.34 4014623523.49 6.22%
Owner's equity
attributable to
3395444891.703350349704.081.35%
shareholders of the listed
company (RMB)
(II) Items and Amounts of Non-recurring Gains and Losses
□Applicable □Not applicable
Unit: RMB
Amount from the beginning
Amount during this
Item of 2025 to the end of the Remarks
reporting period
reporting period
Losses and gains from disposal of non-current
assets (including the offsetting portion of the 426244.57 269445.71
provision for asset impairment)
2ZKTeco 2025 Q3 Report
Government subsidies included in current profits
and losses (except those closely related to the
normal business of the Company which are in
line with national policies and regulations 299995.58 1906382.99
enjoyed according to determined standards and
have a continuous impact on the Company's
profits and losses)
Profits and losses from fair value changes
arising from the holding of financial assets and
financial liabilities by non-financial enterprises Mainly due to investment
as well as the gains and losses arising from the 4557291.17 14008499.28income and fair value changes
disposal of financial assets and financial generated by financial products
liabilities except for effective hedging business
related to the normal operation of the Company
Reversal of the provision on receivables with
impairment test conducted on an individual basis 62822.50 160000.00
Other non-operating income and expenses other
-812799.13-1951874.06
than the above items
Less: income tax impact 582405.48 1414966.29
Minority interest impact
17658.28239353.91
(after tax)
Total 3933490.93 12738133.72 --
Details of other profit and loss items that meet the definition of non-recurring profits and losses:
□Applicable□Not applicable
The Company does not have other specific conditions of profit and loss items that meet the definition of non-recurring profit and loss.Explanations on classifying any non-recurring gain/loss item mentioned in the "Explanatory Announcement for Information
Disclosure by Companies that Issue Securities to the Public No. 1 - Non-recurring Gains and Losses" as recurring Gain/loss item.□Applicable□Not applicable
The Company does not classify any non-recurring gain/loss item mentioned in the "Explanatory Announcement for Information
Disclosure by Companies that Issue Securities to the Public No. 1 - Non-recurring Gains and Losses" as recurring gain/loss item.(III) Changes and Reasons for Changes in Key Accounting Data and Financial Indicators
□Applicable □Not applicable
Unit: RMB
Balance Sheet Items September 30 2025 January 1 2025 Change ratio Reasons
Mainly due to the purchase of financial
products and distribution of profits (cash
Monetary funds 988982325.23 1473334905.97 -32.87%dividends) from the previous year in current
period
Mainly due to the increase in wealth
Trading financial assets 1150068992.48 491331815.79 134.07%management products such as structured
deposits in the current period
Mainly due to the recovery of export tax rebates
Other receivables 24066964.03 41144121.16 -41.51%receivable at the beginning of the period in the
current period
3ZKTeco 2025 Q3 Report
Non-current assets due Mainly due to the decrease in the maturity of
8744011.7720383238.35-57.10%
within one year time deposits maturing within one year
Mainly due to the addition of one-year large-
Other current assets 54151886.89 33070816.00 63.75%denomination certificates of deposit in the
current period
Mainly due to the new employee housing
Long-term receivables 13131615.06 5479301.55 139.66%
purchase loans in the current period
Long-term deferred Mainly due to the increase in decoration projects
7362258.085555537.6132.52%
expenses in this period
Mainly due to the receipt of bank acceptance
Short-term loan 103627020.93 - / bills and letters of credit discount in the current
period
Mainly due to the appropriate extension of the
bill period of some suppliers in the current
Notes payable 244246444.32 134784219.75 81.21%
period and the increase in the balance of notes
payable that have not yet matured
Mainly due to the increase in corporate income
Taxes payable 27347767.22 20281098.96 34.84%tax and property tax payable in the current
period
Mainly due to the increase in the liability
Other payables 59815543.60 45821035.19 30.54%recognized for the repurchase obligation in the
current share payment
Mainly due to the reclassification of long-term
Long-term loan 203786.23 7021328.89 -97.10%borrowings due within one year into non-current
liabilities due within one year
Mainly due to the increase in the equity
Minority interests 42252208.31 27650759.04 52.81%recognized by minority shareholders of some
overseas subsidiaries in the current period
Income Statement January - September January - September
Change ratio Reasons
Items 2025 2024
Mainly due to the increase in exchange income
Financial expenses -23928435.92 -13892864.00 -72.24%in the current period (exchange loss in the same
period last year)
Mainly due to the increase in income generated
Gains from changes in
11143032.25 8190593.67 36.05%during the holding period of wealth management
fair value
products in the current period
Mainly due to the increase in the provision for
Losses from credit
-4154894.01 -2778896.29 -49.52%bad debts of accounts receivable in the current
impairment
period
4ZKTeco 2025 Q3 Report
Losses from Mainly due to the increase in the provision for
-11733617.63-5994941.10-95.73%
impairment of assets depreciation in the current period
Mainly due to the increase in income from the
Gains from disposal of
265796.85 -145799.95 282.30%disposal of non-current assets in the current
assets
period
Mainly due to the large amount that does not
non-operating revenue 1542371.80 2507995.03 -38.50%
need to be paid in the previous period
Mainly due to the increase in current corporate
Income tax expenses 11887655.96 8111368.11 46.56%income tax recognized by some overseas
subsidiaries in the current period
Cash Flow Statement January - September January - September
Change ratio Reasons
Items 2025 2024
Mainly due to the increase in cash flow received
from the sale of goods and the provision of
Net cash flows from
260778127.99 136138600.04 91.55%services in the current period as well as the
operating activities decrease in cash flow from purchasing goods
and receiving payment for services
Mainly due to the increase in the purchase of
Net cash flows from wealth management products and structured
-822982545.26-451646981.53-82.22%
investing activities deposits in the current period compared with the
same period last year
Mainly due to the receipt of notes receivable
Net cash flows from
-17964657.71 -181047518.00 90.08%letter of credit discount and share repurchase
financing activities payment in the previous period
Mainly due to the combined impact of net cash
Net increase in cash
-579423524.03 -501361903.62 -15.57%flow from operating activities investment
and cash equivalents activities and financing activities
5ZKTeco 2025 Q3 Report
II. Shareholder Information
(I) Table of the Total Number of Common Shareholders and the Number of Preferred Shareholders with
Resumed Voting Rights and Information about Top Ten Shareholders
Unit: share
Total number of preferred shareholders whose
Total number of common shareholders at the end of
20333voting rights have been recovered at the end of the 0
the reporting period
reporting period (if any)
Particulars about the top 10 shareholders (excluding shares lent through refinancing)
Number of
Total shares Pledged marked or frozen
Shareholding shares with
Name of shareholder Nature of shareholder held at the
percentage trading
period-end Share status Amount
restrictions
Shenzhen ZKTeco Times Domestic non state-
29.83% 70200000 70200000 Not applicable 0
Investment Co. Ltd. owned legal persons
Che Quanhong Domestic individual 17.35% 40826760 40826760 Not applicable 0
Shenzhen JYHY Investment Domestic non state-
5.94% 13978512 4176315 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Shenzhen JYSJ Investment Domestic non state-
5.92% 13938856 4232280 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Dongguan LX Investment
Domestic non state-
Partnership Enterprise (Limited 5.04% 11856000 0 Not applicable 0
owned legal persons
Partnership)
Shenzhen JYLX Consulting Domestic non state-
1.69% 3975273 1424514 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
ZKTECO CO. LTD.-2025
Employee Stock Ownership others 0.57% 1336560 0 Not applicable 0
Plan
Shenzhen JYQL Investment
Domestic non state-
Consulting Enterprise (Limited 0.48% 1135260 528840 Not applicable 0
owned legal persons
Partnership)
Hong Kong Securities Clearing
Foreign legal person 0.40% 942193 0 Not applicable 0
Company Limited
Han Xiao Domestic individual 0.32% 759280 0 Not applicable 0
Particulars about the top 10 shareholders not subject to trading restrictions
(excluding shares lent through refinancing and executive lockup shares)
Types of shares
Name of shareholder Number of shares without trading restrictions
Type Number
Dongguan LX Investment Partnership Enterprise RMB denominated
1185600011856000
(Limited Partnership) ordinary shares
Shenzhen JYHY Investment Enterprise (Limited RMB denominated
98021979802197
Partnership) ordinary shares
6ZKTeco 2025 Q3 Report
Shenzhen JYSJ Investment Enterprise (Limited RMB denominated
97065769706576
Partnership) ordinary shares
Shenzhen JYLX Consulting Enterprise (Limited RMB denominated
25507592550759
Partnership) ordinary shares
ZKTECO CO. LTD.-2025 Employee Stock RMB denominated
13365601336560
Ownership Plan ordinary shares
RMB denominated
Hong Kong Securities Clearing Company Limited 942193 942193
ordinary shares
RMB denominated
Han Xiao 759280 759280
ordinary shares
RMB denominated
Liu Yunlai 699952 699952
ordinary shares
Shenzhen JYQL Investment Consulting Enterprise RMB denominated
606420606420
(Limited Partnership) ordinary shares
RMB denominated
Liu Chunli 400000 400000
ordinary shares
Shareholder Che Quanhong is elder brother of shareholder
Che Quanzhong from Shenzhen ZKTeco Times Investment
Co. Ltd. and son of Che Jun partner of Dongguan LX
Investment Partnership Enterprise (Limited Partnership).The shareholder Che Quanhong holds 76.02% of the equity of
Shenzhen ZKTeco Times Investment Co. Ltd. being the
controlling shareholder of Shenzhen ZKTeco Times
Investment Co. Ltd. Meanwhile Che Quanhong holds 1.18%
of the property share of shareholder Dongguan LX Investment
Partnership Enterprise (Limited Partnership) and 8.65% of the
Explanation on associated relationship and concerted actions among
property share of shareholder Shenzhen JYLX Consulting
above shareholders
Enterprise (Limited Partnership).Che Quanzhong the younger brother of shareholder Che
Quanhong holds a 23.98% equity in Shenzhen ZKTeco Times
Investment Co. Ltd.Che Jun the father of shareholder Che Quanhong holds
98.68% of the property share of Dongguan LX Investment
Partnership Enterprise (Limited Partnership).In addition the company does not know whether there is an
associated relationship or a concerted action relationship
among the other shareholders.Information on Top 10 shareholders of participating in margin trading
No
and short selling business (if any)
Note: Special explanations on the existence of repurchased accounts among the top 10 shareholders not subject to trading restrictions
As of September 30 2025 the Company's repurchased special securities account holds 1116200 ordinary shares accounting for 0.47%
of the current total share capital of the Company. As required it is not included in the list of the top 10 shareholders of the Company. It
is hereby clarified.Participation of shareholders holding more than 5% of the shares the top 10 shareholders and the top 10 shareholders of outstanding
shares not subject to trading restrictions in the lending of shares through refinancing
□ Applicable □ Not applicable
7ZKTeco 2025 Q3 Report
Changes to the top 10 shareholders and the top 10 shareholders of outstanding shares not subject to trading restrictions compared to the
previous period due to reasons related to lending/repayment through refinancing
□ Applicable □ Not applicable
(II) Total Number of Preferred Shareholders and information about Top 10 Preferred Shareholders
□Applicable □ Not Applicable
(III) Changes in Restricted Shares
□ Applicable □Not applicable
Unit: share
Number of Number of shares Increase in Number of
Name of restricted shares released from restricted restricted shares Reason for Date of releasing from
shareholder at the beginning trading restrictions shares in this at the end of the restrictions trading restrictions
of the period in this period period period
Restricted
Che Quanhong 34022300 0 6804460 40826760 shares before February 17 2026
IPO
Shenzhen ZKTeco Restricted
Times Investment 58500000 0 11700000 70200000shares before February 17 2026
Co. Ltd. IPO
Dongguan LX
Investment Restricted
Has been listed and circulated
Partnership 9880000 11856000 1976000 0shares before
on August 17 2025
Enterprise (Limited IPO
Partnership)
Shenzhen JYHY One quarter of the shares will
Restricted
Investment be unlocked fromAugust 17
6960524 4176314 1392105 4176315shares before
Enterprise (Limited 2023 until all shares are
IPO
Partnership) unlocked on August 17 2026
Shenzhen JYSJ One quarter of the shares will
Restricted
Investment be unlocked fromAugust 17
7053800 4232280 1410760 4232280shares before
Enterprise (Limited 2023 until all shares are
IPO
Partnership) unlocked on August 17 2026
Shenzhen JYQL
One quarter of the shares will
Investment Restricted
be unlocked fromAugust 17
Consulting 881400 528840 176280 528840shares before
2023 until all shares are
Enterprise (Limited IPO
unlocked on August 17 2026
Partnership)
Shenzhen JYLX One quarter of the shares will
Restricted
Consulting be unlocked fromAugust 17
2374190 1424514 474838 1424514shares before
Enterprise (Limited 2023 until all shares are
IPO
Partnership) unlocked on August 17 2026
During the tenure of
directors supervisors and
Executives
senior executives 25% of the
Jin Hairong 11700 0 2340 14040lock up
total number of shares held
shares
will be unlocked every year
and the remaining 75% will
8ZKTeco 2025 Q3 Report
be automatically locked
During the tenure of
directors supervisors and
Executives senior executives 25% of the
Mu Wenting 17550 0 3510 21060lock up total number of shares held
shares will be unlocked every year
and the remaining 75% will
be automatically locked
During the tenure of
directors supervisors and
Executives senior executives 25% of the
Fu Zhiqian 10724 0 2146 12870lock up total number of shares held
shares will be unlocked every year
and the remaining 75% will
be automatically locked
Total 119712188 22217948 23942439 121436679 -- --
9ZKTeco 2025 Q3 Report
III. Other Important Events
□Applicable □ Not applicable
1. Some of the shares issued before the initial public offering are listed for circulation
The shares that have been lifted this time are part of the shares issued before the company's initial public offering; The total number of
shareholders involved is 5and the number of restricted shares listed and traded is 22217948 shares accounting for 9.44% of the
company's total share capital. The above-mentioned shares will be lifted from sales restrictions and will be listed for circulation on
August 18 2025. For details please refer to the "Indicative Announcement on the Listing and Circulation of Certain Shares Issued
Before the Initial Public Offering" (Announcement No.: 2025-069) disclosed by the company on www.cninfo.com.cn on August 14
2025.
IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: ZKTECO CO. LTD.September 30 2025
Unit: RMB
Item September 30 2025 January 1 2025
Current assets:
Monetary funds 988982325.23 1473334905.97
Deposit reservation for balance
Lendings to banks and other financial
institutions
Trading financial assets 1150068992.48 491331815.79
Derivative financial assets
Notes receivable 327358.76 165450.00
Accounts receivable 503420711.07 519014337.89
Receivable financing
Prepayments 21232756.50 26561472.98
Premiums receivable
Reinsurance accounts receivable
Reserves for reinsurance contract
receivable
Other receivables 24066964.03 41144121.16
Including: interest receivable
Dividends receivable
Buying back the sale of financial assets
Inventories 359534770.43 335306397.14
Including: Data resources
Contract assets 33581.84 212795.14
Held-for-sale assets
Non-current assets due within one year 8744011.77 20383238.35
Other current assets 54151886.89 33070816.00
Total current assets 3110563359.00 2940525350.42
Non-current assets:
Loans and advances to customers
Debt investment 18471990.35 15775806.16
Other debt investment
Long-term receivables 13131615.06 5479301.55
10ZKTeco 2025 Q3 Report
Long-term equity investment 29114826.48 28982092.23
Other equity instrument investments
Other non-current financial assets
Investment real estate 20273437.71 21504316.77
Fixed assets 623774301.76 535337384.82
Construction in progress 198503839.77 226445932.02
Productive biological assets
Oil and gas assets
Right-of-use assets 45412481.41 48352214.14
Intangible assets 100461684.58 99844396.80
Including: Data resources
Development expenditures
Including: Data resources
Goodwill 506428.74 512337.25
Long-term deferred expenses 7362258.08 5555537.61
Deferred income tax assets 93314262.40 81688798.50
Other non-current assets 3523408.00 4620055.22
Total non-current assets 1153850534.34 1074098173.07
Total assets 4264413893.34 4014623523.49
Current liabilities:
Short-term loan 103627020.93
Borrowings from the Central Bank
Borrowings from banks and other
financial institutions
Trading financial liabilities
Derivative financial liabilities
Notes payable 244246444.32 134784219.75
Accounts payable 200935673.03 225414642.83
Advances from customer
Contract liabilities 74640552.63 71168318.91
Financial assets sold for repurchase
Deposit from customers and interbank
Acting trading securities
Acting underwriting securities
Payroll payable 38489794.30 53990974.31
Taxes payable 27347767.22 20281098.96
Other payables 59815543.60 45821035.19
Including: interest payable
Dividends payable
Handling charges and commissions
payable
Reinsurance accounts receivable
Liabilities held for sale
Non-current liabilities due within one
28924762.3522822648.87
year
Other current liabilities 9419832.59 12060579.96
Total current liabilities 787447390.97 586343518.78
Non-current liabilities:
Reserves for insurance contracts
Long-term loan 203786.23 7021328.89
Bonds payable
Including: preferred stock
Perpetual bonds
Lease liabilities 26265659.94 29108076.76
11ZKTeco 2025 Q3 Report
Long-term payables
Long-term payroll payable
Estimated liabilities
Deferred income 1375746.10 1420041.44
Deferred income tax liabilities 11424210.09 12730094.50
Other non-current liabilities
Total non-current liabilities 39269402.36 50279541.59
Total liabilities 826716793.33 636623060.37
Owner's equity:
Share capital 235351550.00 196312325.00
Other equity instruments
Including: preferred stock
Perpetual bonds
Capital reserve 2061780213.54 2107323633.23
Less: treasury stock 44078890.10 59683228.10
Other comprehensive income 47293271.51 41914807.74
Special reserve
Surplus reserves 64002687.03 64002687.03
General risk reserves
Undistributed profits 1031096059.72 1000479479.18
Total owner's equity attributable to the
3395444891.703350349704.08
parent company
Minority interests 42252208.31 27650759.04
Total owner's equity 3437697100.01 3378000463.12
Total liabilities and owner's equity 4264413893.34 4014623523.49
Legal Representative: Jin Hairong. Person in charge of accounting work: Wang Youwu. Person in charge of accounting institution:
Xu Ping
2. Consolidated income statement
Unit: RMB
Item 2025 Q3 2024 Q3
I. Total operating revenue 1401307789.60 1410900152.75
Including: operating revenue 1401307789.60 1410900152.75
Interest income
Premium earned
Revenue from handling charges
and commissions
II. Total operating cost 1242017880.72 1283744507.66
Including: operating cost 685253348.05 715444301.66
Interest expenses
Expenses from handling charges
and commissions
Surrender value
Net payments for insurance
claims
Net provisions for reserves in
insurance liability contracts
Policy dividend expenses
Reinsurance expenses
Taxes and surcharges 18200278.50 19112324.06
Selling expenses 318154101.07 319291166.12
12ZKTeco 2025 Q3 Report
Administrative expenses 86935505.33 80418280.82
R&D expenses 157403083.69 163371299.00
Financial expenses -23928435.92 -13892864.00
Including: interest expenses 1909142.76 2939981.92
Interest income 21366682.91 33268254.31
Plus: other income 8266846.83 11570705.16
Investment income ( loss expressed
4446737.654917886.48
with "-")
Including: income from
1358767.221598069.04
investment in associates and joint ventures
Gains from
derecognition of financial assets measured
at amortized cost
Gains from foreign exchange (loss
expressed with "-")
Gains from net exposure hedging
(loss expressed with "-")
Gains from changes in fair value 11143032.25 8190593.67
(loss expressed with "-")
Losses from credit impairment (loss
-4154894.01-2778896.29
expressed with "-")
Losses from impairment of assets
-11733617.63-5994941.10
(loss expressed with "-")
Gains from disposal of assets (loss
265796.85-145799.95
expressed with "-")
III. Operating profit (loss expressed with "-
167523810.82142915193.06
")
Plus: non-operating revenue 1542371.80 2507995.03
Less: non-operating expenditure 3490596.72 3891679.49
IV. Total profit (loss expressed with "-") 165575585.90 141531508.60
Less: income tax expenses 11887655.96 8111368.11
V. Net profit (loss expressed with "-") 153687929.94 133420140.49
(I) Classification by business continuity
1. Net profit from continuing
153687929.94133420140.49
operations (net loss expressed with "-")
2. Net profit from discontinued
operations (net loss expressed with "-")
(II) Classification by ownership
1. Net profit attributable to
shareholders of the parent company (net 128214643.04 120678385.94
loss expressed with "-")
2. Minority shareholders' profit and
25473286.9012741754.55
loss(net loss expressed with "-")
VI. Other comprehensive income - after tax 7271833.32 5075837.07
Net of tax of other comprehensive
income attributable to the owner of the 5378463.77 3892780.70
parent company
(I)Other comprehensive income that
cannot be transferred to profit or loss
1. Changes in re-measurement of the
defined benefit plan
13ZKTeco 2025 Q3 Report
2. Other comprehensive income that
cannot be transferred to profit or loss under
the equity method
3. Changes in fair value of other
equity instrument investments
4. Changes in the fair value of the
Company's own credit risk
5. Other
(II) Other comprehensive income that
5378463.773892780.70
will be reclassified into profit or loss
1. Other comprehensive income that
can be transferred to profit or loss under the
equity method
2. Changes in fair value of other
debt investments
3. Amount of financial assets
reclassified into other comprehensive
income
4. Provision for credit impairment of
other debt investments
5. Cash flow hedging reserve
6. Translation difference of foreign
5378463.773892780.70
currency financial statements
7. Others
After-tax net amount of other
comprehensive income attributable to the 1893369.55 1183056.37
minority shareholders
VII. Total comprehensive income 160959763.26 138495977.56
Total comprehensive income attributable
133593106.81124571166.64
to owners of the parent company
Total comprehensive income attributable
27366656.4513924810.92
to minority shareholders
VIII. EPS:
(I) Basic EPS 0.5500 0.5212
(II) Diluted EPS 0.5483 0.5182
In the event of a merger of enterprise under the same control in the current period the net profit realized by the combined party before
the merger is RMB 0.00 and the net profit realized by the combined party in the previous period is RMB 0.00.Legal Representative: Jin Hairong Person in charge of accounting work: Wang Youwu Person in charge of accounting institution: Xu
Ping
3. Consolidated Cash Flow Statement
Unit: RMB
Item 2025 Q3 2024 Q3
I. Cash flows from operating activities:
Cash received from sale of goods and
1551237974.551506119157.41
rendering of services
Net increase in deposits from customers
and deposits in banks and other financial
institutions
Net increase in borrowings from the
Central Bank
14ZKTeco 2025 Q3 Report
Net increase in borrowings from banks
and other financial institutions
Cash received from receiving insurance
premiums of original insurance contracts
Net cash received from reinsurance
business
Net increase in deposits and investments
from policyholders
Cash received from interest handling
fees and commissions
Net increase in borrowings from banks
and other financial institutions
Net capital increase in repurchase
business
Net cash received from vicariously traded
securities
Refund of taxes and surcharges 78850119.28 60316610.02
Cash received from other operating
120014814.7047075742.78
activities
Subtotal of cash inflows from operating
1750102908.531613511510.21
activities
Cash paid for purchase of goods and
741085140.53788109062.29
rendering of services
Net increase in loans and advances to
customers
Net increase in deposits in Central Bank
and other banks and financial institutions
Cash paid for original insurance contract
claims
Net increase in lendings to banks and
other financial institutions
Cash paid for interest handling fees and
commissions
Cash paid for policy dividends
Cash paid to and for employees 401661939.50 425640836.80
Payments of all types of taxes 61768914.13 70818064.05
Other cash payments relating to operating
284808786.38192804947.03
activities
Subtotal of cash outflows from operating
1489324780.541477372910.17
activities
Net cash flows from operating activities 260778127.99 136138600.04
II. Cash flows from investing activities:
Cash received from disinvestment 1926486255.76 902775551.21
Cash received from investment income 15083906.12 5102718.06
Net cash received from disposal of fixed
assets intangible assets and other long-term 568471.71 64134.09
assets
Net cash received from disposal of
subsidiaries and other business units
Cash received from other investing
285803.2368155.00
activities
Subtotal of cash inflows from investing
1942424436.82908010558.36
activities
15ZKTeco 2025 Q3 Report
Cash paid to acquire and construct fixed
assets intangible assets and other long-term 107871830.76 156725908.68
assets
Cash paid for investments 2657535151.32 1202931631.21
Net increase in pledge loans
Net cash paid to acquire subsidiaries and
other business units
Cash paid for other investing activities
Subtotal of cash outflows from investing
2765406982.081359657539.89
activities
Net cash flows from investing activities -822982545.26 -451646981.53
III. Cash flows from financing activities:
Cash received from investors 1280028.24
Including: cash received by
subsidiaries from the absorption of minority 1280028.24
shareholders' investments
Cash received from borrowings
Cash received from other financing
118384870.935255181.80
activities
Subtotal of cash inflows from financing
119664899.175255181.80
activities
Cash paid for debt repayments 999495.80 1089804.61
Cash paid for distribution of dividends
114922025.3697487401.63
and profits or payment of interest
Including: dividends and profits paid to
17763509.6610765313.30
minority shareholders by subsidiaries
Cash paid for other financing activities 21708035.72 87725493.56
Subtotal of cash outflows from financing
137629556.88186302699.80
activities
Net cash flows from financing activities -17964657.71 -181047518.00
IV. Effect of exchange rate changes on cash
745550.95-4806004.13
and cash equivalents
V. Net increase in cash and cash equivalents -579423524.03 -501361903.62
Plus: beginning balance of cash and cash
1214344327.431317020553.02
equivalents
VI. Closing balance of cash and cash
634920803.40815658649.40
equivalents
(II) Implementation of new accounting standards adjustment for the first time starting from
2025. Relevant project information on financial statements at the beginning of the year
□Applicable □ Not applicable
(III) Audit Report
Whether the 3rd Quarter Report has been audited
□ Yes □ No
The Company's Q3 Report has not been audited.
16ZKTeco 2025 Q3 Report
ZKTECO CO. LTD.Board of Directors
17
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