SG(SH:600734)2025-10-27 09:45Financial Performance - The company's operating revenue for the third quarter was ¥28,645,988.31, a decrease of 5.04% compared to the same period last year[4] - The total profit for the quarter was -¥35,984,327.51, reflecting a decline of 126.90% year-on-year[4] - The net profit attributable to shareholders was -¥32,062,358.27, down 116.93% from the previous year[4] - The net profit after deducting non-recurring gains and losses was -¥22,912,578.77, a decrease of 56.02% compared to the same period last year[4] - The basic and diluted earnings per share were both -¥0.0147, a decline of 116.46% year-on-year[5] - The net profit for the first three quarters of 2025 was a loss of ¥88.96 million, compared to a profit of ¥36.55 million in the same period of 2024[19] - The net loss for the first three quarters of 2025 was ¥51,906,410.80, compared to a net profit of ¥53,866,677.28 in the same period of 2024, reflecting a significant decline in profitability[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,123,721,713.69, an increase of 3.78% from the end of the previous year[5] - The company's total assets amounted to CNY 1,123,721,713.69, an increase from CNY 1,082,768,698.26 as of December 31, 2024, reflecting a growth of approximately 3.5%[15] - The total liabilities increased to CNY 813,546,623.54 as of September 30, 2025, from CNY 683,633,452.55 at the end of 2024, representing a rise of approximately 19.06%[17] - Total assets increased to ¥1,102,282,806.57 as of September 30, 2025, compared to ¥1,055,348,285.25 at the end of 2024, showing growth in the company's asset base[27] - Total liabilities rose to ¥497,051,326.50 as of September 30, 2025, compared to ¥398,210,394.38 at the end of 2024, indicating an increase in financial obligations[27] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥84,774,733.72, a decrease of 5.54% year-on-year[5] - The company reported a net cash outflow from operating activities of ¥84.77 million for the first three quarters of 2025, compared to an outflow of ¥80.33 million in 2024[22] - Cash inflow from operating activities totaled ¥266.93 million in 2025, an increase from ¥164.16 million in 2024[22] - Cash outflow from operating activities was ¥351.70 million in 2025, compared to ¥244.49 million in 2024[22] - The company’s cash flow from operating activities for the first three quarters of 2025 is not provided, but the overall financial performance suggests challenges in cash generation[31] - In the first three quarters of 2025, the net cash flow from operating activities was -72,197,377.28 RMB, an improvement from -81,081,636.05 RMB in the same period of 2024[32] - Total cash inflow from operating activities decreased to 110,903,073.25 RMB in 2025 from 149,678,483.53 RMB in 2024, representing a decline of approximately 26%[32] - Cash outflow from operating activities also decreased to 183,100,450.53 RMB in 2025 from 230,760,119.58 RMB in 2024, a reduction of about 20%[32] Shareholder Equity - The equity attributable to shareholders decreased by 22.01% to ¥310,345,021.44 compared to the previous year[5] - The company's total equity attributable to shareholders decreased to CNY 310,345,021.44 as of September 30, 2025, from CNY 397,916,031.06 at the end of 2024, a drop of approximately 22%[17] - The total equity decreased to ¥605,231,480.07 as of September 30, 2025, down from ¥657,137,890.87 at the end of 2024, indicating a decline in shareholder value[27] Operating Costs - The company experienced a significant increase in operating costs due to project undertakings and litigation losses[9] - Total operating costs for the first three quarters of 2025 were ¥202.95 million, up 86.1% from ¥109.04 million in 2024[19] - Operating costs for the first three quarters of 2025 were ¥75,600,936.42, up from ¥33,598,421.96 in 2024, indicating a substantial increase in costs[29] Investment and Financing - The company reported an investment loss of ¥1.22 million in the first three quarters of 2025, contrasting with an investment gain of ¥81.16 million in the same period of 2024[19] - The company achieved a net cash inflow from financing activities of ¥50.12 million in 2025, a significant increase from ¥13.33 million in 2024[24] - The net cash flow from financing activities improved to 48,317,791.92 RMB in 2025 compared to 23,194,638.35 RMB in 2024, reflecting an increase of approximately 108%[32] Research and Development - The company's research and development expenses for the first three quarters of 2025 were ¥19,815,317.81, a decrease from ¥23,067,400.52 in the same period of 2024[29] Shareholder Information - The company reported a total of 98,138 common shareholders at the end of the reporting period[10]