Suqian Unitech (SH:603065)2025-10-28 09:40Financial Performance - The company's operating revenue for the third quarter was ¥331,661,915.06, a decrease of 0.87% compared to the same period last year[4] - The total profit for the third quarter was -¥7,231,232.43, with a year-to-date profit of ¥4,123,660.68, reflecting a decrease of 9.66% year-on-year[4] - The net profit attributable to shareholders for the third quarter was -¥6,548,860.77, with a year-to-date net profit of ¥8,902,849.18, down 24.13% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was -¥7,632,862.36, a decrease of 56.46% year-to-date compared to the previous year[4] - The basic and diluted earnings per share for the third quarter were both -¥0.0158, a decrease of 23.84% compared to the previous year[5] - The weighted average return on equity was -0.32%, a decrease of 0.13 percentage points compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 was CNY 959,062,870.18, a decrease of 9.66% compared to CNY 1,061,591,849.18 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 8,902,849.18, compared to CNY 11,787,058.66 in 2024, indicating a decline of 24.4%[19] - The total comprehensive income for the first three quarters of 2025 was CNY 8,889,581.93, down from CNY 11,758,971.38 in 2024, a decrease of 24.4%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,460,786,744.57, an increase of 1.84% compared to the end of the previous year[5] - The equity attributable to shareholders at the end of the reporting period was ¥2,021,739,234.40, a decrease of 1.59% compared to the end of the previous year[5] - The total liabilities increased to CNY 1,439,047,510.17 in 2025 from CNY 1,343,836,982.60 in 2024, representing an increase of 7.1%[17] - The company's total equity attributable to shareholders decreased to CNY 2,021,739,234.40 in 2025 from CNY 2,054,447,056.33 in 2024, a decrease of 1.6%[17] Cash Flow - The cash flow from operating activities for the year-to-date was ¥102,989,764.61, reflecting a significant decrease[5] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 875,268,579.62, down from CNY 948,048,641.09 in 2024, a decrease of 7.7%[21] - The net cash flow from operating activities was $102,989,764.61, a significant increase from $11,949,460.24 in the previous period, indicating improved operational efficiency[22] - The total cash outflow from operating activities was $772,278,815.01, down from $936,099,180.85, indicating improved cash management[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,879[12] - The largest shareholder, Suqian LianTuo Holdings (Group) Co., Ltd., holds 80,000,000 shares, representing 19.09% of total shares[12] - The second-largest shareholder, Wang Baoguang, holds 65,433,334 shares, accounting for 15.62%[12] Investment and Expenses - Research and development expenses for the first three quarters of 2025 were CNY 25,242,472.31, compared to CNY 27,819,913.61 in 2024, a decrease of 9.2%[18] - The company paid $114,527,467.57 in employee compensation, a decrease from $124,967,147.42, suggesting cost-cutting measures[22] Cash Management - Cash and cash equivalents increased to ¥315,140,248.10 from ¥220,147,190.07[14] - Total current assets as of September 30, 2025, amount to ¥1,216,040,422.52, an increase from ¥1,124,605,475.82 as of December 31, 2024[15] - The total cash and cash equivalents at the end of the period amounted to $224,688,100.83, down from $295,025,573.24, indicating a reduction in liquidity[22] - The impact of exchange rate fluctuations on cash and cash equivalents was -$366,419.18, an improvement from -$1,742,796.82, indicating better currency risk management[22] Non-Recurring Gains and Losses - The company reported a non-recurring gain of ¥1,084,001.59 for the year-to-date, down from ¥7,657,105.56 in the previous year[8] - The company reported a significant reduction in credit impairment losses, which improved to CNY -951,564.34 in 2025 from CNY -4,826,641.11 in 2024[19]