中微半导(688380) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥269,052,171.54, representing a year-on-year increase of 21.88%[4] - The total profit for the year-to-date period reached ¥160,973,765.52, showing a significant increase of 42.92% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2025 was ¥65,818,511.01, a decrease of 3.66% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2025 was ¥29,943,916.49, reflecting a substantial increase of 110.38% year-on-year[4] - The basic earnings per share for Q3 2025 was ¥0.16, down by 5.88% compared to the same period last year[5] - The company's net profit for the year-to-date period increased by 36.78% compared to the same period last year, driven by improved sales revenue and gross margin[10] - Total operating revenue for the first three quarters of 2025 reached ¥773,013,040.56, an increase of 19.0% compared to ¥649,434,483.19 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was ¥152,288,075.22, representing a 36.8% increase from ¥111,338,107.92 in 2024[19] - The total comprehensive income for the period attributable to the parent company was CNY 152,088,369.70, an increase from CNY 111,232,236.17 in the previous period, representing a growth of approximately 36.8%[20] - Basic and diluted earnings per share increased to CNY 0.38 from CNY 0.28, reflecting a growth of 35.7%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,520,143,731.40, an increase of 6.37% from the end of the previous year[5] - The company's total assets increased to ¥3,520,143,731.40 in 2025 from ¥3,309,304,222.53 in 2024, reflecting a growth of 6.4%[18] - Current liabilities rose to ¥452,646,555.31 in 2025, a significant increase of 54.8% compared to ¥292,538,489.37 in 2024[17] - The total liabilities of the company amounted to ¥474,400,099.30 in 2025, up from ¥315,934,369.88 in 2024, indicating a rise of 50.3%[17] - The company's equity attributable to shareholders increased to ¥3,045,743,632.10 in 2025 from ¥2,993,369,852.65 in 2024, marking a growth of 1.7%[18] Cash Flow and Investments - Cash and cash equivalents as of September 30, 2025, amount to RMB 339,211,526.39, an increase from RMB 215,882,035.67 on December 31, 2024[15] - Cash inflows from operating activities totaled CNY 758,153,089.72, up from CNY 655,908,841.07, indicating an increase of about 15.6%[21] - Net cash flow from operating activities was CNY 224,475,064.80, compared to CNY 189,967,018.99 in the previous year, marking a rise of approximately 18.2%[22] - Cash inflows from investment activities amounted to CNY 2,542,668,718.21, significantly higher than CNY 1,058,330,962.00, representing an increase of around 140.0%[22] - The net cash flow from investment activities was negative at CNY -86,038,564.66, an improvement from CNY -809,734,106.47 in the previous year[22] - Cash and cash equivalents at the end of the period were CNY 339,134,311.03, compared to CNY 177,807,241.29 at the end of the previous period, showing an increase of approximately 90.5%[23] - The company reported a net increase in cash and cash equivalents of CNY 123,329,490.72, contrasting with a decrease of CNY -739,448,161.22 in the previous year[22] Research and Development - Research and development expenses totaled ¥38,385,096.40 for Q3 2025, accounting for 14.27% of operating revenue, a decrease of 3.17 percentage points year-on-year[5] - Research and development expenses for the first three quarters of 2025 were ¥91,355,668.27, a decrease of 6.9% from ¥98,061,826.25 in 2024[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,515[12] - The largest shareholder, Yang Yong, holds 126,000,000 shares, representing 31.47% of total shares[12] - The second largest shareholder, Zhou Yan, holds 91,800,000 shares, representing 22.93% of total shares[12] - The company has a repurchase account holding 1,506,639 shares, accounting for 0.38% of total share capital[14] - The company has not reported any changes in the top 10 shareholders due to securities lending[14] - There are no known related party transactions among the other shareholders[14] Management and Governance - The company has not disclosed any significant operational updates for the reporting period[14] - The company has not applied new accounting standards or interpretations for the first time in 2025[24] - The company’s management team includes Yang Yong as the responsible person, Li Zhenhua as the head of accounting, and Sun Ling as the head of the accounting institution[20] Future Outlook - The company expects continued growth in revenue and gross margin as market conditions improve and product iterations expand[9]