昇辉科技(300423) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥138,272,000, a decrease of 67.37% compared to the same period last year, and a decline of 39.64% year-to-date[5] - Net profit attributable to shareholders was ¥2,096,957, a drop of 51.93% year-on-year, and a decrease of 60.27% year-to-date[5] - Basic earnings per share decreased by 52.27% to ¥0.0042, while diluted earnings per share also fell by 52.27% to ¥0.0042[5] - Total operating revenue for the current period is ¥637,260,867.33, a decrease of 39.6% compared to ¥1,055,840,040.71 in the previous period[20] - Net profit for the current period is ¥4,686,906.59, a decline of 45.3% from ¥8,561,835.61 in the previous period[21] - Other comprehensive income after tax for the current period is -¥4,439,112.94, compared to ¥11,918,088.86 in the previous period[21] Cash Flow - The net cash flow from operating activities for the current period was ¥17,278,420, representing an 88.13% increase compared to the previous year[5] - The net cash flow from operating activities is -¥17,278,420.76, an improvement from -¥145,541,910.17 in the previous period[22] - Cash and cash equivalents decreased by 62.97% to ¥130,072,614.54 due to reduced collections[11] - Cash inflow from financing activities totaled $166,293,800, compared to $112,455,550.87 in the previous period, representing an increase of approximately 47.8%[23] - Cash outflow from financing activities amounted to $170,116,973.05, up from $85,959,083.76, indicating a rise of about 97.5%[23] - The net cash flow from financing activities was negative at -$3,823,173.05, contrasting with a positive net cash flow of $26,496,467.11 in the prior period[23] - The ending balance of cash and cash equivalents decreased to $36,524,095.98 from $238,923,069.13, reflecting a decline of approximately 84.7%[23] - The company’s cash and cash equivalents saw a net decrease of $219,531,535.11 during the period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,709,432,355.32, down 4.78% from the end of the previous year[5] - Current assets decreased from CNY 1,945,162,263.83 to CNY 1,699,667,338.13, reflecting a decline of approximately 12.6%[18] - Total liabilities decreased from CNY 1,504,892,014.07 to CNY 1,367,169,900.35, a decline of approximately 9.1%[19] - Current liabilities decreased from CNY 1,475,223,069.01 to CNY 1,340,447,778.22, reflecting a reduction of about 9.1%[19] - Non-current assets increased from CNY 900,397,387.52 to CNY 1,009,765,017.19, an increase of approximately 12.1%[19] - The company's goodwill increased from CNY 16,539,968.49 to CNY 19,188,984.81, a rise of about 15.9%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,284[14] - The top shareholder, Li Zhaoqiang, holds 23.15% of the shares, totaling 115,194,849 shares[14] Investment Activities - Investment activities generated a net cash outflow of ¥198,429,941.30, a 268.66% increase compared to the previous period, driven by increased equity investments[12] - The cash outflow from investment activities is -¥198,429,941.30, worsening from -¥53,824,981.71 in the previous period[22] Expenses - Operating revenue fell by 39.64% to ¥637,260,867.33, primarily impacted by the performance of major clients and a decline in product demand[11] - Research and development expenses decreased by 38.04% to ¥17,099,130.64, indicating reduced investment in R&D[11] - The company reported a significant increase in credit impairment losses, up 191.55% to ¥39,625,975.19, due to the reversal of bad debt provisions[11] - The company’s financial expenses surged by 146.16% to ¥4,608,201.75, primarily due to decreased interest income[11] Accounting Changes - The company implemented a change in accounting policy effective October 1, 2024, affecting the recognition of certain liabilities[6] - Non-recurring gains and losses for the current period totaled -¥3,832,901.47, with significant contributions from asset disposal losses and government subsidies[8] - The company reported a significant increase in non-recurring profit from the disposal of non-current assets, amounting to -¥1,322,667.82 for the current period[8] - The company has not identified any other items that meet the definition of non-recurring gains and losses[9] Audit Status - The third quarter financial report was not audited, indicating a lack of external verification for the reported figures[24]