Hollywave(SH:688682)2025-10-27 09:20Revenue and Profit - The company's revenue for the third quarter reached ¥112,759,138.92, an increase of 76.23% compared to the same period last year[2] - The total profit for the quarter was ¥6,778,167.09, reflecting a slight increase of 2.71% year-on-year[2] - Net profit attributable to shareholders was ¥6,701,881.38, up 59.94% year-on-year, primarily due to significant growth in business scale[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,653,902.81, a 40.89% increase compared to the same period last year[2] - The total profit for the year-to-date period was ¥6,632,845.46, down 41.20% year-on-year[2] - The net profit attributable to shareholders for the year-to-date period was ¥7,039,966.86, a decrease of 31.98% compared to the same period last year[2] - Net profit for the first three quarters of 2025 was ¥8,865,537.93, a decrease of 36.5% from ¥13,947,033.41 in 2024[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥933,563,313.45, a decrease of 3.07% from the end of the previous year[3] - As of September 30, 2025, the company's total current assets amounted to ¥758,140,658.41, a decrease from ¥795,957,216.66 on December 31, 2024, representing a decline of approximately 4.5%[10] - The company's total assets decreased from ¥963,142,635.22 to ¥933,563,313.45, a decline of approximately 3.1%[11] - Total liabilities decreased from ¥275,518,911.26 to ¥250,931,164.52, a reduction of about 8.9%[12] - The equity attributable to the parent company decreased from ¥650,383,954.30 to ¥643,493,979.13, a decrease of about 1.4%[12] - The company's accounts receivable decreased from ¥182,820,804.32 to ¥160,655,519.10, a decline of approximately 12.1%[10] - The company's contract assets increased from ¥89,188,381.06 to ¥101,274,547.44, an increase of about 13.6%[11] - The company reported a significant reduction in short-term borrowings, which dropped from ¥17,001,844.44 to zero[12] - The company's total non-current assets increased from ¥167,185,418.56 to ¥175,422,655.04, an increase of approximately 4.4%[11] - Total liabilities and shareholders' equity as of September 30, 2025, amounted to ¥933,563,313.45, a decrease from ¥963,142,635.22 in 2024[15] Cash Flow and Expenses - The company's cash and cash equivalents decreased significantly from ¥122,132,129.85 to ¥48,395,425.98, a drop of about 60.3%[10] - Cash and cash equivalents at the end of the first three quarters of 2025 totaled ¥46,610,690.97, down from ¥185,298,780.98 at the end of 2024[19] - The net cash flow from operating activities for the first three quarters of 2025 was -¥56,299,095.64, an improvement from -¥79,528,844.48 in 2024[18] - Research and development expenses totaled ¥10,343,847.77, representing 9.17% of revenue, a decrease of 6.03 percentage points year-on-year[3] - Research and development expenses for the first three quarters of 2025 were ¥33,303,344.28, an increase of 8.3% compared to ¥30,771,174.19 in 2024[16] Earnings Per Share - The basic earnings per share for the quarter were ¥0.0658, a decrease of 50.64% compared to the same period last year[2] - The company reported a basic and diluted earnings per share of ¥0.0691 for the first three quarters of 2025, down from ¥0.14 in 2024[18] Other Financial Information - The weighted average return on net assets was 1.04%, an increase of 0.41 percentage points compared to the previous year[2] - The company recorded a total investment income of ¥3,019,650.94 for the first three quarters of 2025, compared to ¥2,940,959.89 in 2024[16] - The company experienced a foreign exchange gain of ¥1,076,770.52 in the first three quarters of 2025, compared to a gain of ¥940,331.56 in 2024[19] - The company will implement new accounting standards starting from 2025, which will involve adjustments to the financial statements at the beginning of the year of first-time application[20] - The announcement was made by the Board of Directors on October 27, 2025[22] - The company is Shanghai Holleywo Electronic System Technology Co., Ltd.[21]