扬电科技(301012) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥327,026,036.48, a decrease of 1.79% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥13,089,580.55, down 1.32% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥12,680,673.21, an increase of 1.06%[5]. - The company's net profit for the first nine months of 2025 was ¥35,143,782.90, a decrease of 34.24% compared to the same period in 2024[8]. - Total operating revenue for Q3 2025 reached ¥971,141,619.09, an increase of 9.8% compared to ¥893,069,884.44 in the same period last year[20]. - Net profit for the period was ¥35,143,782.90, a decrease of 34.3% from ¥53,444,016.83 in the previous year[21]. - Total comprehensive income for the period was CNY 35,143,782.90, compared to CNY 53,444,016.83 in the previous period[22]. - Basic and diluted earnings per share decreased to CNY 0.1761 from CNY 0.2741 year-over-year[22]. Cash Flow - The operating cash flow net amount reached ¥101,554,515.42, representing a significant increase of 423.69% compared to the same period last year[5]. - Cash flow from operating activities generated a net cash inflow of CNY 101,554,515.42, a significant improvement from a net outflow of CNY -31,373,625.24 in the previous period[25]. - Cash inflow from investment activities totaled CNY 1,087,827,253.80, while cash outflow was CNY 1,122,741,207.93, resulting in a net cash outflow of CNY -34,913,954.13[25]. - Cash flow from financing activities resulted in a net cash outflow of CNY -106,039,756.24, compared to a net inflow of CNY 39,159,007.46 in the previous period[25]. - The company reported a significant increase in tax refunds received, amounting to CNY 23,614,023.68 compared to CNY 5,552,746.80 previously[25]. - The ending cash and cash equivalents balance was CNY 165,651,438.95, down from CNY 170,625,002.81 in the previous period[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,562,053,501.49, a decrease of 7.41% from the end of the previous year[5]. - The company's accounts receivable decreased to ¥472,964,904.36 from ¥612,184,094.80, reflecting a reduction of 22.7%[17]. - Inventory increased to ¥390,292,349.21, up 21.6% from ¥320,846,498.84 year-over-year[17]. - Total liabilities decreased to ¥388,534,875.29 from ¥528,477,307.13, a reduction of 26.5%[18]. - The company's equity attributable to shareholders increased to ¥1,166,230,338.42 from ¥1,151,720,097.57, a growth of 1.3%[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,663[10]. - The largest shareholder, Cheng Junming, holds 27.17% of the shares, totaling 53,508,000 shares[10]. - Shareholder Zhao Henglong owns 9.04% of the shares, equivalent to 17,808,280 shares[10]. - The company has a total of 244,843,000 shares under lock-up, with 53,508,000 shares held by Cheng Junming[12]. - The company plans to transfer 17,808,280 shares (9.04% of total shares) to Hantang Yunzhi Technology[13]. - Cheng Junming will relinquish voting rights for 53,508,000 shares (27.17% of total shares) upon the transfer of shares[13]. - The agreement for the transfer of shares includes a second phase where Cheng Junming intends to transfer an additional 25,522,956 shares (12.96% of total shares)[13]. - The voting rights relinquishment agreement is effective until the completion of the second phase transfer or 18 months after the first phase transfer[14]. Expenses - Sales expenses increased by 104.93% to ¥34,275,507.07 due to higher bidding costs associated with increased sales orders[8]. - Research and development expenses were ¥19,869,756.31, an increase of 7.3% compared to ¥18,517,582.73 in the previous year[21]. Other Information - The company reported a credit impairment loss of ¥11,108,360.85, compared to a gain of ¥8,861,841.78 in the previous year[21]. - The company did not undergo an audit for the third quarter financial report[26]. - The company plans to implement new accounting standards starting in 2025[26].