国科军工(688543) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥357,924,763.10, representing a year-on-year increase of 26.89%[6] - The total profit for the quarter was ¥71,263,965.10, showing a decrease of 13.32% compared to the same period last year[6] - The net profit attributable to shareholders was ¥65,848,324.74, down by 5.39% year-on-year[6] - The basic earnings per share for the quarter were ¥0.32, down by 3.03% year-on-year[6] - Net profit for the first three quarters of 2025 was ¥143,979,492.52, down from ¥155,756,663.18 in 2024, reflecting a decrease of approximately 7.6%[26] - Earnings per share (EPS) for the first three quarters of 2025 was ¥0.68, compared to ¥0.71 in the same period of 2024, indicating a decline of about 4.2%[27] Research and Development - Research and development expenses totaled ¥25,160,506.47, accounting for 7.03% of operating revenue, a decrease of 1.33 percentage points from the previous year[6] - Research and development expenses increased to ¥80,215,092.93 in 2025 from ¥66,197,045.86 in 2024, showing a growth of approximately 21.2%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,122,441,343.72, a decrease of 1.16% from the end of the previous year[6] - The company's current assets totaled CNY 2,164,889,094.24, slightly down from CNY 2,221,592,442.78 at the end of 2024, indicating a decrease of about 2.55%[18] - The cash and cash equivalents decreased to CNY 963,019,176.70 from CNY 1,322,821,162.57, reflecting a significant decline of approximately 27.3%[17] - The company's inventory increased to CNY 373,389,778.93 from CNY 202,773,372.72, marking a substantial increase of about 84.3%[17] - Total liabilities decreased to CNY 811,248,533.99 from CNY 861,161,655.42, showing a reduction of approximately 5.8%[20] - The equity attributable to shareholders increased to CNY 1,563,191,704.24 from CNY 1,644,699,773.87, indicating a decrease of about 4.93%[20] - The company's accounts receivable rose to CNY 599,385,950.57 from CNY 555,685,348.85, reflecting an increase of approximately 7.85%[17] - The non-current assets totaled CNY 957,552,249.48, slightly up from CNY 937,550,565.25, representing an increase of about 2.1%[19] - Total operating costs increased to ¥637,770,174.24 in 2025 from ¥601,639,274.31 in 2024, marking an increase of about 6.0%[25] Cash Flow - The company reported a cash flow from operating activities of ¥8,629,823.13 for the year-to-date period[6] - Cash flow from operating activities generated a net amount of ¥8,629,823.13 in 2025, a significant improvement compared to a net outflow of ¥338,310,106.94 in 2024[32] - The company reported a total of ¥900,824,846.41 in cash inflows from operating activities for the first three quarters of 2025, compared to ¥364,435,823.83 in 2024, representing an increase of about 147.0%[31] - The company experienced a net decrease in cash and cash equivalents of $359.80 million, compared to a decrease of $726.23 million last year[33] - The beginning cash and cash equivalents balance was $1.32 billion, down from $1.83 billion year-over-year[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,757[12] - The company reported no significant changes in shareholder relationships or actions during the reporting period, maintaining stability in its ownership structure[14] Other Financial Activities - The company’s investment activities resulted in cash outflows of ¥216,077,702.13 in 2025, compared to ¥140,665,025.09 in 2024, indicating an increase of approximately 53.7%[32] - The net cash flow from investing activities was -$144.90 million, compared to -$140.63 million in the previous period[33] - The net cash flow from financing activities was -$223.53 million, an improvement from -$247.29 million year-over-year[33] - The company paid $163.02 million in dividends and interest, up from $120.84 million in the prior period[33] Reporting and Compliance - The company has not adopted new accounting standards for the current reporting period[34] - The board of directors announced the financial results on October 24, 2025[36]