Financial Performance - Q3 2025 revenue was CNY 179,039,059.89, a decrease of 29.17% year-over-year[5] - Net profit attributable to shareholders was a loss of CNY 6,058,294.37, down 170.46% compared to the same period last year[5] - Total revenue for the current period was ¥550,268,126.84, a decrease of 11.6% compared to ¥622,740,938.97 in the previous period[17] - The company reported a net profit of -1,676,391.05 yuan for the current period, compared to a net profit of 2,537,303.39 yuan in the previous period, indicating a significant decline[18] - Operating profit for the current period was -441,588.46 yuan, while the previous period showed an operating profit of 4,418,963.32 yuan, reflecting a substantial decrease[18] - Total comprehensive income for the current period was -3,125,600.98 yuan, compared to 2,545,732.65 yuan in the previous period, showing a drastic drop[18] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 44,801,488.97, an increase of 9.19%[5] - The company's cash and cash equivalents decreased to ¥102,553,189.69 from ¥109,966,676.20, a decline of 3.8%[15] - The company’s cash and cash equivalents at the end of the period amounted to 98,293,546.30 yuan, down from 107,982,633.95 yuan at the beginning of the period[20] - The company experienced a net cash outflow of -9,689,087.65 yuan in the current period, compared to -6,012,008.37 yuan in the previous period[20] - Cash flow from financing activities decreased by 65.14% to ¥12,506,444.30, primarily due to the repayment of bank loans[10] - The company’s investment activities resulted in a net cash outflow of -68,047,398.98 yuan, an improvement from -82,771,195.75 yuan in the previous period[19] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 1,198,621,746.38, a decrease of 11.82% from the end of the previous year[5] - Total liabilities increased significantly, with long-term borrowings rising by 141.90% to ¥92,844,063.12, primarily due to increased bank loans[10] - Total liabilities decreased to ¥369,219,434.99 from ¥505,463,117.06, a reduction of 27.0%[16] - Shareholder equity decreased to CNY 829,345,839.29, down 1.69% from the previous year-end[5] - Accounts receivable decreased by 33.24% to CNY 159,161,144.93 due to the resale of equity in Dongguan Runzhong Electronics Co., Ltd.[9] - Inventory levels decreased to ¥159,115,237.58 from ¥206,931,900.75, a reduction of 23.1%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,217, with the largest shareholder holding 32.20%[11] - The top ten shareholders collectively hold significant stakes, with the largest shareholder, Lin Juan, owning 31,311,000 shares[11] Other Financial Metrics - Financial expenses rose by 59.04% to ¥2,320,239.96, mainly due to increased loan interest and exchange losses[10] - The company reported a significant reduction in goodwill to zero, attributed to the resale of equity in Runzhong[9] - The company reported a net investment income of ¥5,160,150.84, up from ¥903,364.43, indicating a significant increase in investment performance[17] - The company incurred total operating expenses of 597,625,356.70 yuan, compared to 644,807,786.26 yuan in the previous period[19] - The company's net profit margin was impacted by increased R&D expenses, which totaled ¥40,256,631.78 compared to ¥51,411,278.54 in the previous period, a decrease of 21.6%[17] - Other comprehensive income showed a substantial decline, with a loss of ¥1,777,394.04, reflecting foreign currency translation differences[10] - The company repurchased shares, increasing treasury stock by 86.36% to ¥20,200,359.30[10] - The company reported a 75.79% decrease in other income to ¥1,501,696.47, mainly due to reduced government subsidies[10]
显盈科技(301067) - 2025 Q3 - 季度财报