伟时电子(605218) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was CNY 663,332,527.84, representing a year-on-year increase of 14.23%[5] - The total profit for the quarter was a loss of CNY 5,940,873.76, a decrease of 155.94% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 4,811,018.14, down 60.13% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,136,803.23, a decrease of 67.18% compared to the previous year[5] - The basic earnings per share for the quarter was CNY 0.0228, down 60.14% year-on-year[6] - The diluted earnings per share for the quarter was CNY 0.0227, down 60.18% year-on-year[6] - The weighted average return on equity was 0.36%, a decrease of 0.5339 percentage points compared to the previous year[6] - Net profit for the first three quarters of 2025 was CNY 24,291,848.45, a decrease of 22.5% from CNY 31,378,859.62 in the same period of 2024[20] - The company reported a basic earnings per share of CNY 0.1152 for the first three quarters of 2025, down from CNY 0.1488 in 2024[20] Assets and Liabilities - Total assets at the end of the quarter were CNY 2,602,731,129.43, an increase of 10.68% from the end of the previous year[6] - Total current assets amount to 1,456,612,585.60 RMB as of September 30, 2025, compared to 1,415,761,347.67 RMB at the end of 2024[15] - Total non-current assets amount to 1,146,118,543.83 RMB as of September 30, 2025, compared to 935,774,741.51 RMB at the end of 2024[16] - Total assets amount to 2,602,731,129.43 RMB as of September 30, 2025, compared to 2,351,536,089.18 RMB at the end of 2024[16] - Total current liabilities amount to 988,282,020.45 RMB as of September 30, 2025, compared to 851,797,479.28 RMB at the end of 2024[16] - The total liabilities as of the reporting date amounted to CNY 1,282,064,255.53, compared to CNY 1,047,205,332.85 in the previous year, indicating a growth of 22.4%[17] - Total equity attributable to shareholders reached CNY 1,320,666,873.90, slightly up from CNY 1,304,330,756.33 in 2024, reflecting a growth of 1.3%[17] Cash Flow - The company reported a net cash flow from operating activities of CNY -45,442,564.73 for the year-to-date, a decrease of 176.51% compared to the previous year[5] - Operating cash flow for the first three quarters of 2025 showed a net outflow of CNY -45,442,564.73, compared to a net inflow of CNY 59,390,751.75 in 2024[21] - The cash inflow from operating activities totaled CNY 1,592,233,194.08, compared to CNY 1,367,143,504.54 in the previous year, representing an increase of 16.5%[21] - Net cash flow from investing activities was -$258.37 million, compared to -$224.30 million in the previous period, indicating an increase in cash outflow[22] - Cash inflow from financing activities totaled $252.77 million, up from $142.38 million, reflecting a significant increase in borrowing[22] - Net cash flow from financing activities was $198.75 million, compared to $101.84 million in the previous period, showing improved financial management[22] - The ending cash and cash equivalents balance decreased to $379.82 million from $449.97 million, indicating a reduction in liquidity[22] - Cash outflow for debt repayment was $21.02 million, significantly higher than $1.19 million in the previous period, indicating increased debt servicing[22] - The net increase in cash and cash equivalents was -$107.46 million, compared to -$63.49 million in the previous period, indicating worsening cash flow[22] Research and Development - The company is increasing R&D investment to accelerate new product development and expand product lines, which has led to higher R&D expenses[9] - Research and development expenses increased to CNY 104,777,983.71 in 2025, up from CNY 91,083,501.13 in 2024, marking a rise of 15.1%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,158[12] - Watanabe Yoichi holds 52.53% of shares, totaling 111,806,382 shares[12] - Yamaguchi Masaru holds 9.83% of shares, totaling 20,920,574 shares[12] Accounting Standards - The company will not apply new accounting standards starting from 2025, maintaining current reporting practices[23]