云赛智联(600602) - 2025 Q3 - 季度财报

Report Overview This section provides an important notice regarding the responsibility for the report's content and the unaudited nature of the financial statements Important Notice This report emphasizes the legal responsibility of the company's board of directors and senior management for the truthfulness, accuracy, and completeness of the quarterly report content, also stating that the quarterly financial statements are unaudited - The company's board of directors, directors, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content, free from false records, misleading statements, or major omissions, and assume individual and joint legal liabilities[2][3] - The company's principal officer, head of accounting, and head of the accounting department (accounting supervisor) guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[3] - The third-quarter financial statements are unaudited[3] Key Financial Data This section presents the company's main accounting data, financial indicators, non-recurring gains and losses, and explanations for significant changes Main Accounting Data and Financial Indicators In Q3 2025, the company's operating revenue increased by 28.92% year-on-year, and net profit attributable to parent company shareholders increased by 10.81%, while year-to-date net profit and non-recurring net profit both declined, and total assets grew by 2.11% from the end of the previous year Key Financial Indicators Year-on-Year Change (Q3 2025) | Indicator | Amount in Current Period (RMB) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 1,466,777,983.40 | 28.92 | | Total Profit | 61,022,358.75 | 17.62 | | Net Profit Attributable to Shareholders of Listed Company | 50,195,539.49 | 10.81 | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-recurring Gains and Losses | 41,557,534.09 | -0.62 | | Basic Earnings Per Share (RMB/share) | 0.0367 | 10.88 | | Weighted Average Return on Net Assets (%) | 1.0422 | increased by 0.08 percentage points | Key Financial Indicators Year-on-Year Change (Jan-Sep 2025) | Indicator | YTD Amount as of Reporting Period End (RMB) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 4,599,067,824.12 | 13.32 | | Total Profit | 174,100,178.18 | -6.43 | | Net Profit Attributable to Shareholders of Listed Company | 145,209,148.39 | -8.28 | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-recurring Gains and Losses | 123,481,550.05 | -10.80 | | Net Cash Flow from Operating Activities | -322,263,230.69 | N/A | | Basic Earnings Per Share (RMB/share) | 0.1062 | -8.29 | | Weighted Average Return on Net Assets (%) | 3.0220 | decreased by 0.35 percentage points | Balance Sheet Status at Reporting Period End | Indicator | Amount at Reporting Period End (RMB) | Change from End of Previous Year (%) | | :--- | :--- | :--- | | Total Assets | 8,062,147,391.28 | 2.11 | | Owners' Equity Attributable to Shareholders of Listed Company | 4,820,905,280.48 | 0.91 | - The company completed the industrial and commercial change procedures on February 5, 2025, for its controlling subsidiary Shanghai Yidian Scientific Instrument Co., Ltd. to acquire 79.1991% equity of Shanghai Yidian Analytical Instrument Co., Ltd., leading to retrospective adjustment or restatement of financial data[6] Non-recurring Gains and Losses Items and Amounts During the reporting period, the company's total non-recurring gains and losses amounted to 8.64 million RMB, with a year-to-date cumulative of 21.73 million RMB, primarily from government grants and gains/losses from disposal of non-current assets Non-recurring Gains and Losses Items and Amounts | Non-recurring Gains and Losses Item | Amount in Current Period (RMB) | YTD Amount as of Reporting Period End (RMB) | | :--- | :--- | :--- | | Gains/Losses from Disposal of Non-current Assets | 95,162.55 | -480,718.86 | | Government Grants Recognized in Current Period Profit/Loss | 9,842,850.28 | 27,075,906.04 | | Other Non-operating Income and Expenses Excluding the Above | 636,300.55 | 525,628.81 | | Less: Income Tax Impact | 1,552,226.67 | 3,925,223.34 | | Minority Interests Impact (After Tax) | 384,081.31 | 545,958.78 | | Total | 8,638,005.40 | 21,727,598.34 | Changes and Reasons for Main Accounting Data and Financial Indicators During the current reporting period, the company did not disclose significant changes or reasons for main accounting data and financial indicators requiring special attention - The company did not disclose changes and reasons for main accounting data and financial indicators[8] Shareholder Information This section details the total number of common shareholders and the shareholding status of the top ten shareholders Total Number of Common Shareholders and Top Ten Shareholders' Shareholding As of the end of the reporting period, the company had 177,748 common shareholders and no preferred shareholders with restored voting rights, with the top two shareholders being state-owned legal entities Shanghai Yidian (Group) Co., Ltd. and Yunsai Information (Group) Co., Ltd., holding 28.03% and 6.50% respectively - Total number of common shareholders at the end of the reporting period: 177,748 accounts[9] - Total number of preferred shareholders with restored voting rights at the end of the reporting period: 0 accounts[9] Top 10 Shareholders' Shareholding | Shareholder Name | Shareholder Type | Number of Shares Held (shares) | Shareholding Percentage (%) | | :--- | :--- | :--- | :--- | | Shanghai Yidian (Group) Co., Ltd. | State-owned Legal Entity | 383,337,947 | 28.03 | | Yunsai Information (Group) Co., Ltd. | State-owned Legal Entity | 88,948,065 | 6.50 | | Hong Kong Securities Clearing Company Limited | Other | 7,400,841 | 0.54 | | Zhang Yijing | Domestic Natural Person | 7,222,740 | 0.53 | | Jin Zhangxian | Domestic Natural Person | 7,000,000 | 0.51 | - Shanghai Yidian (Group) Co., Ltd. holds 100% of Yunsai Information (Group) Co., Ltd., making them related legal entities[10] Other Reminders During the current reporting period, the company did not disclose other significant operating information requiring special attention from investors - The company did not disclose other important operating information for the reporting period that requires investor attention[11] Quarterly Financial Statements This section includes the type of audit opinion and the company's unaudited consolidated financial statements for the quarter Type of Audit Opinion The financial statements for this quarter are unaudited - The financial statements for this quarter are unaudited[3][11] Financial Statements This section includes the company's unaudited consolidated balance sheet, income statement, and cash flow statement, detailing the financial position and operating results as of September 30, 2025, and for the first three quarters of 2025 Consolidated Balance Sheet As of September 30, 2025, the company's total assets were 8.06 billion RMB, a 2.11% increase from the end of 2024, with total current assets at 4.97 billion RMB, total non-current assets at 3.09 billion RMB, total liabilities at 3.14 billion RMB, and total owners' equity at 4.92 billion RMB Balance Sheet Key Data (September 30, 2025 vs December 31, 2024) | Item | September 30, 2025 (RMB) | December 31, 2024 (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 8,062,147,391.28 | 7,895,815,288.63 | 2.11 | | Total Current Assets | 4,974,430,365.75 | 4,563,504,565.92 | 9.00 | | Total Non-current Assets | 3,087,717,025.53 | 3,332,310,722.71 | -7.34 | | Total Liabilities | 3,144,242,140.85 | 2,993,683,237.33 | 5.03 | | Total Owners' Equity | 4,917,905,250.43 | 4,902,132,051.30 | 0.32 | - Cash and cash equivalents decreased from 2.27 billion RMB at the end of 2024 to 1.47 billion RMB as of September 30, 2025[13] - Accounts receivable increased from 787 million RMB at the end of 2024 to 999 million RMB[13] - Inventories increased from 1.28 billion RMB at the end of 2024 to 1.62 billion RMB[13] Consolidated Income Statement In the first three quarters of 2025, the company achieved total operating revenue of 4.60 billion RMB, a 13.32% year-on-year increase; net profit was 161 million RMB, a 3.99% year-on-year decrease; and net profit attributable to parent company shareholders was 145 million RMB, an 8.28% year-on-year decrease Income Statement Key Data (Jan-Sep 2025 vs Jan-Sep 2024) | Item | Jan-Sep 2025 (RMB) | Jan-Sep 2024 (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 4,599,067,824.12 | 4,058,350,551.30 | 13.32 | | Total Operating Costs | 4,444,419,961.30 | 3,894,020,781.31 | 14.13 | | Total Profit | 174,100,178.18 | 186,064,675.76 | -6.43 | | Net Profit | 161,014,676.28 | 167,716,282.90 | -3.99 | | Net Profit Attributable to Parent Company Shareholders | 145,209,148.39 | 158,324,493.88 | -8.28 | | Basic Earnings Per Share (RMB/share) | 0.1062 | 0.1158 | -8.29 | - Other income significantly increased from 16.77 million RMB in the first three quarters of 2024 to 35.43 million RMB[17] - Investment income turned from positive to negative, changing from 14.29 million RMB in the first three quarters of 2024 to -5.96 million RMB[17] - Research and development expenses decreased year-on-year from 294 million RMB to 260 million RMB[17] Consolidated Cash Flow Statement In the first three quarters of 2025, net cash flow from operating activities was -322 million RMB, further deteriorating from -274 million RMB in the prior year, while net cash flow from investing activities improved to -153 million RMB from -842 million RMB, and net cash flow from financing activities was 106 million RMB compared to -155 million RMB in the prior year Cash Flow Statement Key Data (Jan-Sep 2025 vs Jan-Sep 2024) | Item | Jan-Sep 2025 (RMB) | Jan-Sep 2024 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -322,263,230.69 | -273,766,445.26 | | Net Cash Flow from Investing Activities | -153,103,111.75 | -841,658,923.97 | | Net Cash Flow from Financing Activities | 106,389,306.61 | -154,564,602.77 | | Net Increase in Cash and Cash Equivalents | -369,116,019.65 | -1,270,057,255.75 | | Cash and Cash Equivalents at Period End | 1,033,914,393.24 | 837,773,959.79 | - Cash received from sales of goods and services increased by 11.07% year-on-year[21] - Cash paid for goods and services increased by 14.60% year-on-year[21] - Cash received from disposal of investments significantly decreased from 1.18 billion RMB to 280 million RMB, while cash paid for investments also significantly decreased from 1.88 billion RMB to 300 million RMB[21]