九州一轨(688485) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥46,846,171, a decrease of 35.05% compared to the same period last year[4]. - The total profit for the third quarter was -¥18,151,312.88, with a year-to-date total profit of -¥23,706,478.53[4]. - The net profit attributable to shareholders for the third quarter was -¥15,079,979.43, and -¥17,213,117.29 year-to-date[4]. - Total operating revenue for the first three quarters of 2025 was CNY 134,586,859.38, a decrease of 28.6% compared to CNY 188,464,893.64 in the same period of 2024[22]. - Net profit for the first three quarters of 2025 was a loss of CNY 18,547,076.63, an improvement from a loss of CNY 24,673,230.05 in the same period of 2024[24]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.12, compared to CNY -0.18 in 2024[24]. Research and Development - Research and development expenses for the third quarter amounted to ¥6,181,221.27, representing an increase of 34.97% year-over-year[4]. - The ratio of R&D expenses to operating revenue was 13.19%, an increase of 6.84 percentage points compared to the previous year[4]. - Research and development expenses increased to CNY 18,323,357.64 in 2025, up from CNY 15,521,213.21 in 2024, indicating a focus on innovation[22]. - The company is focusing on the development of voiceprint monitoring technology, which has led to an increase in R&D personnel and investment[10]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,427,189,486.82, a decrease of 2.82% from the end of the previous year[5]. - Total liabilities decreased to CNY 163,297,742.78 in 2025 from CNY 183,633,820.20 in 2024, reflecting a reduction of 11.1%[20]. - Total equity attributable to shareholders decreased to CNY 1,253,083,197.70 in 2025 from CNY 1,272,872,194.27 in 2024[20]. - Total assets as of September 30, 2025, are ¥1,427,189,486.82, a decrease from ¥1,468,648,520.15 at the end of 2024[18]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥64,047,184.05[5]. - The net cash flow from operating activities was -$64.05 million, compared to -$124.55 million in the previous period, indicating an improvement of 48.6%[27]. - Cash inflow from operating activities totaled $108.09 million, down from $127.70 million, a decline of 15.2%[27]. - Cash outflow from operating activities was $172.13 million, compared to $252.25 million, a decrease of 31.7%[27]. - The company reported a net cash decrease of $128.90 million, compared to a decrease of $291.62 million, indicating a 55.8% improvement[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,845[12]. - The largest shareholder, Beijing Infrastructure Investment Co., holds 24,999,348 shares, representing 16.63% of total shares[12]. - The company has no preferred shareholders as of the reporting period[12]. - The top ten shareholders hold a significant portion of the company's shares, with the largest holding 16.63%[12]. - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[15]. Inventory and Receivables - Accounts receivable increased to ¥438,757,886.86 from ¥422,770,163.10 year-over-year[17]. - Inventory has risen to ¥106,041,109.26, compared to ¥78,413,477.22 at the end of 2024, indicating a growth of approximately 35.3%[18]. - Non-current assets increased to ¥308,644,880.29 from ¥266,309,490.13 year-over-year[18]. Financial Losses - The company reported a financial loss of CNY 20,677,487.02 due to credit impairment losses in the first three quarters of 2025, compared to a loss of CNY 22,635,821.94 in 2024[23]. - The company paid $39.56 million to employees, an increase from $37.68 million, reflecting a rise of 5%[27].