Financial Performance - The company's operating revenue for Q3 2025 was ¥195,130,062.76, representing a year-on-year increase of 30.83%[5] - The net profit attributable to shareholders was -¥14,527,620.45, a decrease of 17.61% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,969,865.87, which is a 31.20% increase in loss year-on-year[5] - The company's basic and diluted earnings per share were both -¥0.1516, reflecting a decrease of 17.61% year-on-year[5] - The weighted average return on net assets was -1.89%, a decline of 5.96% compared to the previous year[5] - The company reported a total comprehensive income for the current period was a loss of ¥45,499,322.26, compared to a loss of ¥41,187,792.06 in the previous period, reflecting a worsening of 10.5%[19] - Net profit for the current period was a loss of ¥45,857,497.03, compared to a loss of ¥42,266,051.32 in the previous period, reflecting a worsening of 13.1%[18] - The company's basic and diluted earnings per share of -0.5293, compared to -0.4014 in the previous period, indicating a decline in profitability[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,797,040,361.77, a decrease of 0.56% from the end of the previous year[5] - The company's total liabilities increased to ¥1,016,520,861.87, up from ¥981,314,799.99, marking a rise of 3.9%[16] - The total equity attributable to shareholders decreased by 6.17% to ¥762,897,776.34 compared to the end of the previous year[5] - The total equity attributable to shareholders decreased to ¥762,897,776.34 from ¥813,041,519.12, a decline of 6.2%[16] - The company's non-current liabilities totaled ¥88,456,119.09, an increase from ¥83,903,556.95, representing a rise of 5.5%[16] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥89,550,785.52, a significant increase in outflow of 267.84% year-on-year[9] - Cash flow from operating activities was ¥817,125,487.48, significantly higher than ¥502,915,776.79 in the previous period, indicating a growth of 62.5%[20] - Net cash flow from operating activities was -$89.55 million, compared to -$24.34 million in the previous period, indicating a decline in operational cash generation[21] - Total cash inflow from investment activities was $236.73 million, down from $303.70 million year-over-year[21] - Cash outflow from investment activities totaled $246.20 million, compared to $393.09 million in the previous period, reflecting a decrease in investment expenditures[21] - Net cash flow from financing activities was $93.84 million, a decrease from $118.67 million in the prior period, indicating reduced financing inflows[21] - The ending cash and cash equivalents balance was $37.99 million, down from $115.07 million at the beginning of the period, showing a significant reduction in liquidity[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,664[11] - The largest shareholder, Shenzhen Kaixin Investment Co., Ltd., holds 40.44% of shares, totaling 38,750,000 shares[11] - The number of preferred shareholders at the end of the reporting period is not applicable[13] - There are no significant changes in the top 10 shareholders due to securities lending or borrowing activities[12] Operational Metrics - Accounts receivable increased to ¥341,520,405.29 from ¥312,028,404.37, reflecting a growth of approximately 9.4%[14] - Cash and cash equivalents decreased to ¥58,125,875.58 from ¥71,284,852.51, a decline of about 18.4%[14] - Inventory decreased to ¥448,308,661.29 from ¥511,349,614.70, representing a reduction of approximately 12.3%[15] - Short-term borrowings increased significantly to ¥265,841,582.77 from ¥139,164,083.89, an increase of about 91%[15] - The company reported a total of ¥20,602,404.97 in payable employee compensation, up from ¥15,752,197.38, indicating an increase of about 30%[15] Financial Expenses - The company reported a 145.96% increase in financial expenses, totaling ¥6,669,692.20, attributed to exchange rate fluctuations and increased interest on short-term borrowings[8] Audit Information - The company did not undergo an audit for the third quarter financial report, which may affect stakeholder confidence in the reported figures[23]
凯旺科技(301182) - 2025 Q3 - 季度财报