Financial Performance - The company's operating revenue for Q3 2025 was ¥72,957,599.55, a decrease of 10.49% compared to the same period last year, and a decline of 33.36% year-to-date[4] - The net profit attributable to shareholders was -¥28,892,825.46, representing a significant drop of 82.21% for the quarter and a decline of 149.05% year-to-date[4] - The basic and diluted earnings per share were both -¥0.3065, down 82.22% compared to the same quarter last year[4] - The decline in net profit was primarily due to a decrease in operating revenue and high fixed costs, with a notable drop in emergency landfill business revenue[6] - Total operating revenue for the current period was ¥150,965,561.01, a decrease of 33.4% compared to ¥226,524,213.53 in the previous period[19] - The net loss for the current period was ¥89,818,986.30, compared to a net loss of ¥36,167,511.42 in the previous period, indicating a significant increase in losses[20] - Basic and diluted earnings per share were both -¥0.9318, compared to -¥0.3741 in the previous period, indicating a worsening financial performance[21] Cash Flow - Cash flow from operating activities showed a net inflow of ¥24,645,757.71, an increase of 163.65% year-to-date[4] - The company's cash inflow from operating activities was ¥182,249,330.36, up from ¥171,547,918.21 in the previous period, showing a growth of 6.5%[22] - The net cash flow from operating activities was $24,645,757.71, a significant improvement compared to the previous year's negative cash flow of -$38,719,592.36[23] - Total cash outflow from operating activities amounted to $157,603,572.65, down from $210,267,510.57 in the prior year[23] - The cash outflow for employee payments was $27,338,536.73, compared to $34,630,912.78 in the previous year[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,218,512,638.18, a decrease of 3.15% from the end of the previous year[4] - The company's inventory increased by 69.11% to ¥23,062,369.45, primarily due to higher stock levels of home appliances and lithium battery materials[8] - The company's long-term borrowings decreased by 45.90% to ¥39,486,666.66, mainly due to repayments[8] - The total liabilities increased to ¥607,594,958.94 from ¥558,685,679.95, marking an increase of 8.7%[20] - The total equity attributable to shareholders decreased to ¥597,494,088.33 from ¥684,065,085.74, a decline of 12.7%[20] - Total current liabilities increased from ¥303,000,000 to approximately ¥400,000,000, reflecting a significant rise[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,714[12] - The largest shareholder, Li Guangrong, holds 29.10% of shares, totaling 27,427,720 shares[12] Other Financial Metrics - Non-operating income included government subsidies of ¥1,472,820.76 for the quarter, totaling ¥3,389,046.31 year-to-date[5] - Research and development expenses increased to ¥12,618,509.22 from ¥11,122,302.16, representing a rise of 13.4%[20] - The total cash outflow from financing activities amounted to $124,691,843.99, which was higher than the previous year's outflow of $102,084,385.36[23] Accounting and Reporting - The company did not undergo an audit for the third quarter financial report[25] - The company will not apply the new accounting standards starting from 2025[24] - There are no new strategies or product developments mentioned in the conference call[14]
超越科技(301049) - 2025 Q3 - 季度财报