Raycloud(SH:688365)2025-10-24 10:05Financial Performance - The company's operating revenue for Q3 2025 was ¥142,636,538.74, representing a year-on-year increase of 21.02%[4] - The total profit for the period was -¥5,838,134.96, with a year-to-date total profit of -¥21,560,395.32[4] - The net profit attributable to shareholders was -¥2,918,472.35 for the quarter, and -¥15,031,890.09 year-to-date[4] - Total operating revenue for the first three quarters of 2025 reached ¥405,059,016.64, an increase of 14.9% compared to ¥352,628,961.26 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was a loss of ¥19,983,268.71, an improvement from a loss of ¥58,545,101.19 in the same period of 2024[21] - The company’s basic earnings per share for the first three quarters of 2025 was -¥0.04, an improvement from -¥0.13 in the same period of 2024[22] - The total comprehensive income attributable to the parent company was not specified but reflects ongoing challenges in profitability despite operational improvements[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥51,613,214.78, showing an increase of 90.82%[4] - The company reported a significant increase in cash inflow from operating activities, totaling ¥511,158,816.93, compared to ¥427,018,386.34 in the previous year, marking a growth of 19.7%[23] - The net cash flow from operating activities was $51,613,214.78, an increase of 91% compared to $27,047,838.58 in the previous period[24] - The company reported a total cash outflow from operating activities of $459,545,602.15, an increase of 14.9% from $399,970,547.76[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,770,648,755.63, reflecting a 10.44% increase from the previous year[5] - The company's current assets totaled RMB 418,315,362.98, a decrease from RMB 439,431,570.54 in the previous period, indicating a decline of about 4.55%[16] - The total liabilities were reported at RMB 418,315,362.98, with current liabilities including short-term borrowings of RMB 173,188,777.77, which increased from RMB 166,433,418.34[16] - The total liabilities increased to ¥830,918,015.07 from ¥649,905,474.09, representing a growth of 27.8%[18] - The total equity attributable to shareholders decreased to ¥947,581,775.40 from ¥956,250,133.87, a decline of 0.7%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,903[12] - The largest shareholder, Hangzhou Guangyun Investment Co., Ltd., held 36.24% of the shares[12] - The company reported a total of 154,320,840 shares held by Hangzhou Guangyun Investment Co., Ltd., making it the largest shareholder[14] - The company has not disclosed any significant changes in the shareholding structure or any related party transactions among the top shareholders[14] Research and Development - Research and development expenses totaled ¥39,981,489.13 for the quarter, accounting for 28.03% of operating revenue[5] - Research and development expenses for the first three quarters of 2025 were ¥85,049,000.36, slightly up from ¥84,623,424.12 in 2024, indicating a focus on innovation[20] Cash and Investment Activities - Cash and cash equivalents were reported at RMB 112,794,466.30, down from RMB 221,147,985.31, representing a significant decrease of approximately 48.9%[15] - Total cash inflow from investment activities was $590,543,587.45, down 7.9% from $641,297,899.56[24] - The net cash flow from investment activities was -$194,643,873.27, showing a slight improvement from -$194,723,480.53 in the previous period[24] - The total cash outflow from investment activities was $785,187,460.72, a decrease of 6.1% from $836,021,380.09[24] - The cash outflow for the repayment of debts was $237,497,765.37, an increase of 16.9% compared to $203,089,730.36[24] Accounting Standards - The company will implement new accounting standards starting in 2025, which may affect the financial statements[25]