龙芯中科(688047) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥107,180,495.44, representing a year-on-year increase of 21.53%[3] - The total profit for the period was -¥103,185,740.62, with a year-to-date total profit of -¥400,755,155.81[3] - The net profit attributable to shareholders was -¥99,344,417.23 for the quarter, and -¥393,812,643.76 year-to-date[3] - Total operating revenue for the first three quarters of 2025 reached ¥350,693,437.27, an increase from ¥307,780,631.08 in the same period of 2024, representing a growth of approximately 13.9%[19] - The net loss for the first three quarters of 2025 was ¥393,812,643.76, compared to a net loss of ¥342,759,507.16 in the same period of 2024, reflecting a deterioration in performance[21] Research and Development - Research and development (R&D) expenses totaled ¥109,608,665.64 for the quarter, a decrease of 8.17% compared to the previous year[4] - R&D expenses accounted for 102.27% of operating revenue in Q3, down 33.07 percentage points year-on-year[4] - Research and development expenses amounted to ¥322,034,555.77 in the first three quarters of 2025, compared to ¥310,990,002.58 in 2024, showing an increase of approximately 3.2%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,133,065,011.57, a decrease of 10.42% from the end of the previous year[4] - The total assets decreased from ¥3,497,483,392.20 in the previous year to ¥3,133,065,011.57 in 2025, a decline of about 10.4%[16] - Total liabilities increased slightly from ¥561,086,316.99 in 2024 to ¥577,291,820.63 in 2025, marking an increase of approximately 2.3%[16] - The company's total non-current assets rose from ¥896,298,525.03 in 2024 to ¥947,377,370.56 in 2025, an increase of about 5.7%[16] Cash Flow - The net cash flow from operating activities was not applicable for the quarter, with a year-to-date total of -¥446,631,747.17[3] - The cash flow from operating activities showed a significant decline, reflecting challenges in cash generation during the reporting period[22] - In the first three quarters of 2025, the cash inflow from operating activities totaled ¥406,231,238.69, compared to ¥455,847,613.33 in the same period of 2024, representing a decrease of approximately 10.9%[24] - The net cash outflow from operating activities for the first three quarters of 2025 was ¥446,631,747.17, worsening from a net outflow of ¥266,296,220.73 in 2024[24] - Cash inflow from investment activities in the first three quarters of 2025 was ¥1,753,222,213.58, down from ¥2,943,554,463.15 in 2024, indicating a decline of about 40.4%[24] - The total cash and cash equivalents at the end of the first three quarters of 2025 stood at ¥105,117,963.25, down from ¥188,788,795.48 in 2024, reflecting a decrease of about 44.2%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 28,232[11] - The largest shareholder, Beijing Tiantong Xinyuan Technology Co., Ltd., holds 86,468,978 shares, representing 21.56% of total shares[12] - The second largest shareholder, Beijing Zhongke Suanyuan Asset Management Co., Ltd., holds 77,477,539 shares, representing 19.32% of total shares[12] Other Information - The company has not disclosed any new strategies or significant operational changes during the reporting period[13] - The company will not apply new accounting standards starting from 2025, as indicated in the announcement[26]