Revenue and Profitability - Q3 2025 revenue reached ¥226,388,975, an increase of 8.64% compared to ¥208,383,200 in the same period last year[5] - Net profit attributable to shareholders was ¥6,046,703, down 23.90% from ¥7,945,394 year-on-year[5] - Basic earnings per share decreased by 28.57% to ¥0.05 from ¥0.07 in the previous year[5] - Total operating revenue for the current period reached ¥672,436,374.60, an increase of 4.99% compared to ¥644,144,300.78 in the previous period[2] - Net profit for the current period was ¥25,311,441.49, a decrease of 39.0% from ¥41,470,283.88 in the previous period[2] - Earnings per share (EPS) decreased to ¥0.24 from ¥0.38 in the previous period, reflecting a decline of 36.84%[3] - The company reported a total comprehensive income of ¥24,208,261.22, significantly lower than ¥41,034,937.86 in the previous period[2] Cash Flow and Liquidity - Operating cash flow increased significantly by 86.82% to ¥10,126,190 from ¥76,818,960 year-to-date[5] - Cash flow from operating activities showed a net outflow of ¥10,126,197.70, an improvement from a net outflow of ¥76,818,968.69 in the previous period[3] - Cash and cash equivalents at the end of the period totaled ¥146,696,384.73, down from ¥306,146,530.37 at the end of the previous period[3] - The company reported a decrease in cash and cash equivalents by 35.60% to ¥192,159,246.33 due to the impact of fundraising usage[12] - The cash and cash equivalents decreased to CNY 192,159,246.33 from CNY 298,365,751.06, indicating a potential liquidity concern[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,781,402,963.32, reflecting a 4.05% increase from the previous year[5] - Total liabilities increased to CNY 833,091,647.17 from CNY 787,426,213.33, indicating a rise in financial obligations[20] - Non-current assets totaled CNY 905,838,863.78, up from CNY 772,843,439.60, showing significant investment in long-term resources[20] - The company’s total liabilities and equity reached ¥1,781,402,963.32, an increase from ¥1,711,983,351.37 in the previous period[1] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,960, with no preferred shareholders[15] - The largest shareholder, New Asia Investment, holds 36.01% of shares, totaling 42,803,571 shares, with 7,300,000 shares pledged[15] Other Financial Metrics - Other income surged by 919.31% to ¥1,730,789.20, primarily driven by increased government subsidies received[13] - Deferred income increased by 86.50% to ¥42,714,627.10, mainly due to the rise in long-term government bond subsidies[13] - The company reported a 41.42% decrease in tax payable, amounting to ¥7,840,357.81, mainly due to reduced corporate income tax[13] - Other comprehensive income showed a significant decline of 1461.43%, resulting in a loss of ¥1,103,180.27, primarily due to foreign currency translation differences[13] - The company incurred a credit impairment loss of ¥1,693,462.80, slightly improved from ¥1,724,926.71 in the previous period[2] Investments and Capital Expenditures - The company invested ¥162,149,745.43 in fixed assets during the current period, compared to ¥189,062,378.30 in the previous period[4] - Long-term receivables increased by 35.59% to ¥10,034,289.34, primarily due to new financing lease deposits[13] - Other equity instrument investments reached ¥10,000,000.00, marking a 100% increase from the previous period[13] - Construction in progress rose by 70.90% to ¥270,942,794.15, mainly due to the ongoing construction of new facilities and equipment[13] Accounting Standards and Reporting - The company has implemented retrospective adjustments following the issuance of the new accounting standard by the Ministry of Finance[5] - The new accounting standards will be implemented starting in 2025, affecting the financial statements from the beginning of that year[25] - The third quarter financial report of Meixin Technology Co., Ltd. has not been audited[25]
美新科技(301588) - 2025 Q3 - 季度财报