工大高科(688367) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥38,521,946.94, a decrease of 56.54% compared to the same period last year[3]. - The total profit for the third quarter was -¥4,070,835.29, reflecting a decline of 152.76% year-on-year[3]. - The net profit attributable to shareholders for the third quarter was -¥2,898,528.92, down 139.62% from the previous year[3]. - The net profit after deducting non-recurring gains and losses for the third quarter was -¥3,812,765.70, a decrease of 159.30% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2025 was CNY 135,884,054.95, a decrease of 35.7% compared to CNY 211,388,923.82 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 4,739,731.49, a significant decline of 74.7% from CNY 18,694,768.65 in the previous year[19]. - Earnings per share for the first three quarters of 2025 were CNY 0.05, compared to CNY 0.21 in the same period of 2024, indicating a decrease of 76.2%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥736,452,801.77, a decrease of 6.22% from the end of the previous year[4]. - Total current assets as of September 30, 2025, amounted to CNY 542,932,019, a decrease of 11.4% from CNY 612,926,598.64 on December 31, 2024[14]. - Total liabilities decreased to CNY 134,393,759.42 from CNY 179,825,484.94, a decline of 25.2%[15]. - The total liabilities decreased to CNY 144,717,759.42 in 2025 from CNY 188,705,484.94 in 2024, a reduction of 23.3%[16]. - The total equity attributable to shareholders decreased to CNY 589,411,628.54 in 2025 from CNY 594,319,829.13 in 2024, a decline of 0.8%[16]. - The total assets decreased to CNY 736,452,801.77 in 2025 from CNY 785,339,501.80 in 2024, reflecting a decrease of 6.2%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥24,120,339.44, an increase of 79.18% compared to the previous year[3]. - Net cash flow from operating activities was $24,120,339.44, an increase from $13,461,659.76 in the previous period[24]. - Total cash inflow from investment activities reached $667,712,456.94, compared to $390,748,482.55 last year[24]. - Cash outflow from investment activities was $754,956,362.58, resulting in a net cash flow of -$87,243,905.64, a decline from a positive $12,561,425.30 previously[24]. - Cash flow from financing activities showed a net outflow of -$18,759,871.00, compared to a slight positive of $131,113.00 in the prior period[24]. - The net increase in cash and cash equivalents was -$81,883,437.20, contrasting with an increase of $26,132,878.72 last year[25]. - The ending balance of cash and cash equivalents stood at $91,089,789.33, down from $134,534,610.13 in the previous period[25]. Research and Development - Research and development expenses for the third quarter amounted to ¥5,200,747.18, representing 13.50% of operating revenue, an increase of 7.22 percentage points year-on-year[4]. - Research and development expenses for the first three quarters of 2025 were CNY 16,036,043.61, a decrease of 13.6% compared to CNY 18,549,814.86 in 2024[19]. Market Conditions - The company attributed the decline in revenue to cyclical adjustments in the industry and increased competitive pressure in certain markets[8].