克来机电(603960) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥93,311,097.76, a decrease of 32.70% compared to the same period last year[4]. - The total profit for the period was ¥4,326,763.33, reflecting a decline of 58.73% year-over-year[4]. - The net profit attributable to shareholders was ¥3,356,362.09, down 62.87% from the previous year[4]. - The net profit excluding non-recurring gains and losses for the period was ¥1,307,617.41, a significant drop of 85.06% compared to the same quarter last year[4]. - Total operating revenue for the first three quarters of 2025 was CNY 322,987,990.34, a decrease of 14.8% compared to CNY 378,786,777.04 in the same period of 2024[16]. - Net profit for the first three quarters of 2025 was CNY 22,727,124.80, representing a decline of 32.4% from CNY 33,592,763.03 in 2024[17]. - Total comprehensive income for the first three quarters of 2025 was CNY 22,735,889.55, a decrease of 32.4% from CNY 33,592,580.05 in 2024[18]. Cash Flow and Assets - The cash flow from operating activities for the year-to-date was ¥23,634,843.24, a decrease of 66.41% year-over-year[5]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 23,634,843.24, a significant decrease of 66.4% from CNY 70,358,884.28 in 2024[22]. - Cash and cash equivalents at the end of the first three quarters of 2025 totaled CNY 374,246,183.40, compared to CNY 335,588,962.48 at the end of 2024[23]. - The company's current assets totaled RMB 768,313,522.22, down from RMB 815,146,317.06 in the previous period[12]. - The cash and cash equivalents decreased to RMB 374,246,183.40 from RMB 394,918,083.10, a decline of about 5.5%[12]. Liabilities and Equity - The total liabilities decreased to RMB 123,231,424.08 from RMB 187,646,803.77, indicating a reduction of about 34%[14]. - The company's equity attributable to shareholders rose to RMB 1,118,260,145.01 from RMB 1,110,204,924.09, showing a slight increase of approximately 0.5%[14]. - The company's total liabilities to equity ratio improved, indicating a stronger financial position compared to the previous period[14]. Inventory and Receivables - The inventory increased significantly to RMB 203,986,327.91 from RMB 138,882,562.93, reflecting a growth of approximately 47%[13]. - The accounts receivable decreased to RMB 106,525,872.52 from RMB 206,751,887.22, representing a significant drop of approximately 48%[12]. Operational Challenges - The decline in revenue and profits was primarily due to reduced acceptance of smart equipment projects compared to the previous year[8]. - The company reported a significant increase in the proportion of customer settlements via notes, leading to a decrease in cash received from sales[8]. Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 22,485,888.53, down 20.5% from CNY 28,226,335.68 in 2024[16]. Cash Flows from Investing and Financing Activities - The company reported a net cash outflow from investing activities of CNY 19,482,573.00 for the first three quarters of 2025, compared to a net outflow of CNY 31,775,913.50 in 2024[22]. - The company incurred a net cash outflow from financing activities of CNY 24,868,890.57 in the first three quarters of 2025, slightly improved from a net outflow of CNY 25,333,889.33 in 2024[23]. Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[24].