Financial Performance - The company's revenue for Q3 2025 was CNY 130,621,007.30, representing an increase of 11.25% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2025 was CNY 9,135,775.75, a decrease of 18.76% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,606,910.97, down 61.76% from the previous year[5] - Basic and diluted earnings per share for Q3 2025 were CNY 0.1013, a decline of 39.04% compared to the same period last year[5] - Total operating revenue for the current period was ¥402,914,193.23, a decrease of 2.87% from ¥414,106,849.37 in the previous period[20] - Net profit for the current period was ¥33,785,095.34, down 39.8% from ¥56,102,946.58 in the previous period[21] - Earnings per share (EPS) decreased to ¥0.3745 from ¥0.8292, reflecting a decline of 54.8%[21] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 1,171,747,384.34, reflecting a slight increase of 0.22% from the end of the previous year[5] - The company reported a total current assets of ¥785,116,612.55 as of September 30, 2025, slightly down from ¥787,923,132.95 at the beginning of the period, indicating a decrease of approximately 0.23%[16] - The total non-current assets amounted to ¥377,262,391.76, with fixed assets showing a substantial increase from ¥60,714,263.28 to ¥227,001,612.71, marking an increase of about 273.5%[16] - Total liabilities decreased to ¥227,810,195.33 from ¥237,759,558.51, a reduction of 4.2%[18] - The company’s total restricted shares increased to 57,061,550, with a significant portion set to be released in the coming years, impacting shareholder structure[13] Cash Flow - The company reported a cash flow from operating activities of CNY 8,171,680.78, which decreased by 6.68% year-to-date[5] - Operating cash inflow for the current period was CNY 348,499,978.61, an increase of 2.9% from CNY 340,976,176.28 in the previous period[23] - Net cash flow from operating activities decreased to CNY 8,171,680.78 from CNY 8,756,516.33, reflecting a decline of 6.7%[23] - Cash inflow from investment activities surged to CNY 403,347,783.50, compared to CNY 61,617,283.93 in the previous period, marking a significant increase[23] - Net cash flow from investment activities was negative at CNY -187,707,078.00, worsening from CNY -66,411,601.76[23] - Total cash inflow from financing activities was CNY 89,449,430.55, down from CNY 303,580,684.70[24] - Net cash flow from financing activities decreased significantly to CNY 20,585,243.39 from CNY 294,765,841.45[24] - The ending cash and cash equivalents balance was CNY 157,369,518.95, down from CNY 365,031,119.08[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,043[9] - The company’s long-term equity investments stood at ¥1,500,000.00, with no prior balance reported, indicating a new investment strategy[16] Strategic Changes - The company plans to change its registered address, which was approved by the board and shareholders, indicating a strategic move to align with operational needs[14] - The company has completed the necessary business registration changes as of September 15, 2025, following the board's resolutions[14] Expenses - The decline in net profit was attributed to increased expenses from new projects and a decrease in sales gross margin[10] - Total operating costs increased to ¥367,728,277.59, up 4.4% from ¥350,651,217.90 in the previous period[20] - Research and development expenses rose to ¥23,360,946.64, an increase of 13.2% compared to ¥20,641,921.02 in the previous period[20] - The company reported a credit impairment loss of ¥5,617,048.55, worsening from ¥4,343,293.03 in the previous period[20]
长联科技(301618) - 2025 Q3 - 季度财报