赢时胜(300377) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was CNY 358,442,338.75, a decrease of 0.56% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 35,972,038.91, down 10.62% year-on-year, with a year-to-date loss of CNY 43,209,682.69, representing a decline of 210.75%[5]. - The basic and diluted earnings per share were both CNY 0.0479, reflecting a decrease of 10.63% compared to the previous year[5]. - Total operating revenue for the current period was ¥936,515,554.32, a decrease of 5.2% from ¥987,694,139.07 in the previous period[22]. - Net profit for the current period was a loss of ¥46,877,022.25, compared to a loss of ¥18,518,104.41 in the previous period, representing an increase in loss of 153.5%[24]. - Basic and diluted earnings per share were both -0.0575, compared to -0.0185 in the previous period[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,711,157,151.45, down 3.30% from the end of the previous year[5]. - Total liabilities decreased to ¥215,723,002.31 from ¥261,492,603.38, showing a reduction of approximately 17.5%[20]. - The total equity remained stable at ¥751,003,080.00, unchanged from the previous period[20]. - The company reported a total current liability of ¥211,046,407.81, down from ¥237,259,275.55, a decrease of about 11%[20]. - The non-current liabilities also decreased to ¥4,676,594.50 from ¥24,233,327.83, a significant drop of approximately 80.7%[20]. - The total equity attributable to shareholders of the parent company was ¥2,521,578,591.72, down from ¥2,564,788,274.41[22]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 212,268,699.40, a decrease of 23.53% year-to-date[5]. - The net cash flow from operating activities was negative at ¥212,268,699.40, a decline of 23.53% year-on-year due to reduced sales contract collections and increased employee compensation expenses[9]. - Cash inflow from operating activities totaled ¥909,854,974.99, a decrease of 4.8% from ¥955,819,244.44 in the previous period[27]. - The net cash flow from operating activities was -$212.27 million, compared to -$171.84 million in the previous period, indicating a decline in operational cash generation[28]. - Cash inflow from investment activities increased by 453.63% to ¥589,545,046.56, primarily due to the redemption of financial products[9]. - The net cash flow from investment activities was $303.52 million, a substantial increase from $1.83 million previously, reflecting improved investment recovery[28]. - Cash outflow for investment activities rose by 173.30% to ¥286,022,166.43, driven by the purchase of financial products[9]. - The company did not report any cash inflows from financing activities, indicating no new debt or equity financing during the period[28]. Inventory and Expenses - The company reported a significant increase in inventory, which rose by 88.80% to CNY 114,592,241.93 due to increased contract performance costs[8]. - Research and development expenses increased to ¥324,939,072.04, up from ¥318,377,737.13 in the previous period, reflecting a growth of 2.0%[22]. - Other income decreased to ¥13,113,063.84 from ¥20,568,525.63, a decline of 36.3%[22]. - The company paid $956.93 million in employee-related cash, slightly up from $956.49 million, indicating stable workforce costs[28]. - Tax payments decreased to $70.73 million from $83.97 million, suggesting a potential reduction in tax liabilities[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 112,442, with no preferred shareholders[11]. - The largest shareholder, Tang Qiu, holds 10.47% of the shares, amounting to 78,630,131 shares, with a portion of shares frozen[12]. - The company has a total of 106,870,801 shares under lock-up agreements, with 17,901,700 shares released during the period[16]. Management and Strategy - The company’s management has indicated a focus on maintaining financial stability and exploring new market opportunities moving forward[17]. - The company’s core product group is undergoing new generation development and AI empowerment, which has impacted overall profitability[9].