Anlogic(SH:688107)2025-10-28 09:00Financial Performance - The company's operating revenue for Q3 2025 was ¥144,898,308, a decrease of 18.95% compared to the same period last year, and a year-to-date revenue of ¥368,240,800, down 25.79% year-on-year[3]. - The total profit for the period was a loss of ¥48,842,847, with a year-to-date loss of ¥191,234,113, indicating significant financial challenges[3]. - The net profit attributable to shareholders was also a loss of ¥48,842,847 for the quarter and ¥191,234,113 year-to-date, reflecting ongoing operational difficulties[3]. - Total operating revenue for the first three quarters of 2025 was ¥368,240,800.05, a decrease of 26.0% compared to ¥496,228,919.51 in the same period of 2024[17]. - Net loss for the first three quarters of 2025 was ¥191,234,113.34, compared to a net loss of ¥157,939,950.90 in the same period of 2024, representing an increase in loss of 21.0%[18]. - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.4771, compared to -¥0.3940 in the same period of 2024[19]. Research and Development - Research and development expenses totaled ¥81,882,990, a decrease of 12.13% from the previous year, but accounted for 56.51% of operating revenue, an increase of 4.39 percentage points[4]. - The company is focusing on maintaining high R&D investment despite revenue declines, aiming to support future growth and product development[8]. - Research and development expenses for the first three quarters of 2025 were ¥255,728,703.12, a decrease of 10.4% from ¥285,430,141.51 in 2024[18]. Cash Flow and Liquidity - The cash flow from operating activities was negative, with a year-to-date net cash flow of -¥90,883,913, reflecting increased payments to suppliers[3][8]. - Cash flow from operating activities for the first three quarters of 2025 was a net outflow of ¥90,883,913.42, compared to a net outflow of ¥21,006,771.67 in 2024[21]. - Cash and cash equivalents dropped significantly from RMB 218,542,869.42 to RMB 95,084,771.87, a decline of approximately 56.5%[13]. - Cash and cash equivalents at the end of the period totaled $95,084,771.87, down from $232,712,858.38 year-over-year[22]. - The net increase in cash and cash equivalents was -$20,938,097.55, compared to -$57,742,253.47 in the previous period[22]. Assets and Liabilities - Total assets decreased by 15.43% to ¥1,174,042,428 compared to the end of the previous year, while equity attributable to shareholders fell by 15.70% to ¥1,024,641,674[4]. - Total current liabilities decreased slightly from RMB 143,992,037.93 to RMB 134,779,832.07, a decline of approximately 6.5%[14]. - The company reported a significant increase in accounts payable from RMB 34,530,484.02 to RMB 52,044,762.41, an increase of approximately 50.5%[14]. - Long-term liabilities related to lease obligations decreased from RMB 7,288,845.19 to RMB 2,596,016.58, a reduction of about 64.4%[14]. - Total liabilities as of the end of the reporting period were ¥149,400,753.73, down from ¥172,797,612.20 in the previous year[15]. - Total equity attributable to shareholders of the parent company was ¥1,024,641,674.44, a decrease from ¥1,215,532,127.10 in 2024[15]. Shareholder Information - The top shareholder, Huada Semiconductor Co., Ltd., holds 29.11% of the shares, totaling 116,691,243 shares[10]. - The company has not reported any significant changes in the participation of major shareholders in margin trading or securities lending activities[11]. Other Information - Non-recurring gains for the period amounted to ¥2,123,620, with government subsidies contributing ¥431,027, indicating some support for operations[6][8]. - The company did not apply new accounting standards starting from 2025[23]. - The announcement was made by the board of Shanghai Anlu Information Technology Co., Ltd. on October 27, 2025[24].