长光华芯(688048) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥125,325,758.13, representing a year-on-year increase of 66.30%[4] - The total profit for the period was ¥13,722,322.32, while the net profit attributable to shareholders was ¥11,968,033.69[4] - The total profit for the year-to-date period reached ¥17,366,845.33, with a net profit attributable to shareholders of ¥20,942,553.29[4] - Total operating revenue for the first three quarters of 2025 reached ¥339,390,192.06, a significant increase from ¥202,721,135.17 in the same period of 2024, representing a growth of approximately 67.4%[21] - Operating profit for the first three quarters of 2025 was ¥17,630,174.94, compared to a loss of ¥90,243,886.04 in the same period of 2024, indicating a turnaround in profitability[21] - Net profit for the first three quarters of 2025 was ¥22,018,108.36, contrasting with a net loss of ¥62,235,161.07 in the same period of 2024, marking a substantial improvement[22] - The net profit for the first three quarters of 2025 was ¥27,378,864.97, recovering from a net loss of ¥59,964,843.17 in the first three quarters of 2024[31] Research and Development - Research and development expenses amounted to ¥28,969,135.86, accounting for 23.12% of operating revenue, a decrease of 19.43% compared to the previous year[5] - Research and development expenses for the first three quarters of 2025 totaled ¥86,390,463.80, slightly down from ¥94,262,309.82 in the same period of 2024, reflecting a focus on cost management[21] - Research and development expenses for the first three quarters of 2025 were ¥81,377,480.47, slightly lower than ¥87,194,255.76 in the same period of 2024[31] Assets and Liabilities - Total assets increased to ¥3,333,180,308.13, reflecting a growth of 0.94% from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,237,123,969.65, a decrease from ¥1,633,139,116.05 as of December 31, 2024[15] - Total liabilities as of September 30, 2025, are ¥270,589,586.86, compared to ¥260,216,820.06 at the end of 2024[16] - The company’s total assets amount to ¥3,333,180,308.13, slightly up from ¥3,302,078,019.35[16] - The total liabilities increased to ¥320,358,487.22 in 2025 from ¥309,726,459.75 in 2024, indicating a rise of approximately 8.3%[21] - The total equity attributable to shareholders of the parent company rose to ¥3,005,334,709.04 in 2025, up from ¥2,985,940,002.80 in 2024, showing a growth of about 0.7%[21] - The total assets as of September 30, 2025, amounted to ¥3,250,770,073.13, compared to ¥3,196,548,901.20 at the end of 2024, reflecting a growth of 1.7%[28] - The total liabilities increased to ¥234,714,813.43 as of September 30, 2025, compared to ¥208,824,659.42 at the end of 2024, representing an increase of 12.4%[28] Cash Flow - The company reported a net cash outflow from operating activities of ¥36,184,605.47 for the first three quarters of 2025, an improvement from a net outflow of ¥47,385,999.54 in the same period of 2024[24] - The net cash flow from operating activities for the first three quarters of 2025 was -169,157,966.17 RMB, compared to -38,443,019.02 RMB in the same period of 2024, indicating a significant decline[33] - The company reported a net cash outflow from investing activities of ¥470,927,346.19 for the period, compared to a net outflow of ¥453,149,000.19 in the previous year[25] - The cash inflow from financing activities was ¥42,129,537.78, a decrease from ¥92,594,887.24 in the same period of 2024[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,200[12] - The largest shareholder, Suzhou Huafeng Investment Center, holds 32,409,000 shares, representing 18.38% of total shares[12] Market and Product Development - The company reported a significant increase in high-power product revenue, contributing to the overall growth in operating income[9] - The company is focused on market expansion and has achieved significant customer recognition for its optical communication products, leading to increased sales[9] - The company has successfully opened up other business growth curves through prior investments in optical communication and related sectors[10] Other Financial Metrics - The basic earnings per share for the quarter was ¥0.0679, with a diluted earnings per share also at ¥0.0679[5] - The company achieved a basic earnings per share of ¥0.1188 in the first three quarters of 2025, recovering from a loss per share of ¥0.3604 in the same period of 2024[22] - The company incurred cash outflows of 457,987,126.83 RMB from operating activities in 2025, compared to 334,380,474.74 RMB in 2024, reflecting increased operational costs[33] - Cash received from sales of goods and services was 246,348,280.10 RMB in the first three quarters of 2025, a slight decrease from 249,647,414.78 RMB in 2024[33] Accounting Standards - The company has not adopted new accounting standards for the year 2025, as indicated in the announcement[35]