Financial Performance - The company's operating revenue for Q3 2025 was ¥77,497,176.81, a decrease of 14.31% compared to the same period last year[5] - The net profit attributable to shareholders was -¥45,581,245.06, showing a slight increase of 0.16% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥45,877,024.13, an increase of 1.75% compared to the previous year[5] - The company reported a significant reduction in inventory by 54.81%, down to ¥29,627,772.48, primarily due to decreased electronic assembly business[8] - The company received government subsidies amounting to ¥476,045.87 during the reporting period, contributing to its financial performance[6] - The company's tax payable decreased by 45.16% to CNY 1,993,427.54 due to reduced corporate income tax resulting from losses during the reporting period[9] - The company's undistributed profits decreased by 180.46% to CNY -164,720,552.32, primarily due to losses incurred during the reporting period[9] - Net loss for the period was ¥104,464,160.35, compared to a net loss of ¥92,430,187.63 in the previous period, indicating a worsening of approximately 13%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,580,791,617.51, a decrease of 1.47% from the end of the previous year[5] - The company's total equity attributable to shareholders decreased by 10.01% to ¥915,318,259.74 compared to the end of the previous year[5] - Current liabilities due within one year increased by 250.23% to CNY 145,532,204.42, mainly due to new long-term borrowings maturing within one year[9] - Long-term borrowings increased by 44.26% to CNY 249,301,762.43, attributed to new bank loans during the reporting period[9] - The company's total liabilities increased to ¥640,395,934.31 from ¥563,646,985.44, reflecting a growth of about 14%[20] - The company's total equity decreased to ¥940,395,683.20 from ¥1,040,680,828.10, a decline of approximately 10%[20] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥21,370,136.76, which is an improvement of 84.49% year-to-date[5] - Cash received from sales and services increased by 48.34% to CNY 225,460,522.77, driven by increased customer payments and the maturity of receivables[10] - Cash paid for purchasing goods and services decreased by 30.21% to CNY 100,410,645.83, mainly due to reduced procurement in the electronic assembly industry[10] - Cash flow from investment activities decreased by 56.74% to CNY 421,000,000.00, primarily due to a reduction in the purchase of financial products during the reporting period[10] - The net increase in cash and cash equivalents was CNY 11,552,564.88, reflecting a 265.48% improvement compared to the previous period[10] - Operating cash inflow totaled $241,130,274.41, an increase from $166,067,628.90 year-over-year[24] - Operating cash outflow amounted to $262,500,411.17, down from $303,878,038.75 year-over-year[24] - Net cash flow from operating activities was -$21,370,136.76, improving from -$137,810,409.85 year-over-year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,326[12] - The top 10 shareholders hold a total of 34,800,000 shares, with the largest shareholder, Li Zexin, holding 8,712,500 shares[14] - The company reported a total of 45,120,000 restricted shares at the beginning of the period, with all of them released during the current period[14] Operational Insights - The company has not disclosed any new product developments or market expansion strategies during the conference call[14] - Total operating revenue decreased to ¥225,397,231.16 from ¥312,618,441.22, representing a decline of approximately 28% year-over-year[20] - Total operating costs decreased to ¥316,020,316.36 from ¥390,814,149.51, a reduction of about 19% year-over-year[20] - Basic and diluted earnings per share were both reported at -¥1.26, compared to -¥1.12 in the previous period[21] - The company reported a credit impairment loss of ¥6,832,781.33, which improved from a loss of ¥12,303,752.16 in the previous period[20] - Other comprehensive income after tax showed a loss of ¥228,751.67, compared to a loss of ¥149,300.86 in the previous period[21]
西测测试(301306) - 2025 Q3 - 季度财报