JXPCB(SH:688655)2025-10-24 10:05Revenue and Profitability - The company's revenue for Q3 2025 reached ¥195,542,620.05, representing a year-over-year increase of 65.28%[3] - Year-to-date revenue totaled ¥487,881,163.72, reflecting a growth of 40.48% compared to the same period last year[3] - The total profit for the period was a loss of ¥12,557,710.52, with a year-to-date loss of ¥16,126,838.86, marking a significant decline[3] - The net profit attributable to shareholders was a loss of ¥13,505,858.48 for the quarter, and a loss of ¥16,271,996.85 year-to-date, indicating a decrease of 1,244.32%[3] - The basic earnings per share for the quarter was -¥0.10, with a year-to-date figure of -¥0.12, reflecting a significant drop in profitability[3] - The net profit for the first three quarters of 2025 was a loss of ¥16.27 million, compared to a profit of ¥1.42 million in the same period of 2024[17] - Operating profit for the first three quarters of 2025 was ¥2,235,320.24, significantly down from ¥10,543,450.82 in 2024, indicating a decline of approximately 78.8%[27] - Net profit for the first three quarters of 2025 was ¥1,286,304.35, compared to ¥10,657,456.41 in 2024, reflecting a decrease of about 88.9%[27] Research and Development - Research and development expenses amounted to ¥9,485,785.80 for the quarter, an increase of 31.94% year-over-year, and accounted for 4.85% of revenue[3] - The company is actively developing high-speed material processing technology for 5G applications, contributing to increased R&D investment[7] - Research and development expenses for the first three quarters of 2025 were ¥26.08 million, slightly up from ¥24.77 million in 2024, indicating a focus on innovation[16] - R&D expenses for the first three quarters of 2025 amounted to ¥10,457,581.51, a decrease from ¥12,089,300.97 in the same period of 2024[27] Assets and Liabilities - Total assets at the end of the period were ¥1,432,518,906.39, a 25.49% increase from the previous year[4] - The company's total liabilities increased to ¥760.96 million in 2025 from ¥461.23 million in 2024, reflecting a growth of 64.9%[14] - Total current assets as of September 30, 2025, amount to ¥542,110,808.70, an increase from ¥396,305,701.93 as of December 31, 2024[12] - Total assets as of September 30, 2025, amounted to ¥967,762,261.75, up from ¥865,199,448.05 at the end of 2024, reflecting a growth of 11.9%[24] - The total liabilities increased to ¥349,580,377.82 as of September 30, 2025, compared to ¥255,817,228.30 at the end of 2024, marking a rise of 36.6%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,784[9] - The largest shareholder, Ma Zhuo, holds 51,573,100 shares, representing 38.66% of total shares[9] - The equity attributable to shareholders decreased by 1.29% to ¥671,555,131.35 compared to the previous year-end[4] - The total equity attributable to shareholders decreased to ¥671.56 million in 2025 from ¥680.31 million in 2024, a decline of 1.1%[14] - The total equity as of September 30, 2025, was ¥618,181,883.93, slightly up from ¥609,382,219.75 at the end of 2024[25] Cash Flow and Financial Expenses - The net cash flow from operating activities was negative at -¥30,884,338.44, a decline of 147.10% year-over-year[3] - Net cash flow from operating activities for the first three quarters of 2025 was -¥30,884,338.44, a decline from a positive cash flow of ¥65,570,448.88 in the first three quarters of 2024[22] - The company reported a net cash outflow from investing activities of -¥47,173,787.74 in the first three quarters of 2025, compared to -¥51,104,644.42 in the same period of 2024[22] - The company incurred financial expenses of ¥3,663,521.17 in the first three quarters of 2025, compared to ¥2,193,606.00 in 2024, marking an increase of approximately 67.1%[27] - The company’s financial expenses included interest expenses of ¥5.00 million for the first three quarters of 2025, compared to ¥2.87 million in 2024, reflecting increased borrowing costs[16] Operational Performance - Total operating revenue for the first three quarters of 2025 reached ¥487.88 million, a significant increase of 40.5% compared to ¥347.30 million in the same period of 2024[16] - Total operating costs for the first three quarters of 2025 were ¥499.04 million, up 41.7% from ¥352.40 million in the previous year[16] - The company's gross profit margin for the first three quarters of 2025 was approximately 16.0%, compared to 18.4% in the same period of 2024[26] - The company incurred sales expenses of ¥15,112,020.70 in the first three quarters of 2025, which is an increase of 8.4% from ¥13,941,246.25 in the previous year[26] - The company’s management expenses rose to ¥21,817,015.46 in the first three quarters of 2025, compared to ¥15,438,132.74 in the same period of 2024, indicating a significant increase of 41.3%[26] Cash and Cash Equivalents - Cash and cash equivalents are reported at ¥130,795,330.02, up from ¥119,185,299.52 in the previous period[11] - Cash and cash equivalents at the end of September 2025 were ¥108,124,607.55, down from ¥132,659,988.05 at the end of September 2024[22] - Total cash and cash equivalents at the end of the third quarter of 2025 were ¥54,883,926.92, down from ¥64,722,299.89 at the end of the same period in 2024[30] Other Financial Information - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[10] - The company has not applied new accounting standards for the year 2025, as stated in their announcement[32]