ZQGAME(SZ:300052)2025-10-28 12:05Revenue and Profitability - Revenue for Q3 2025 was CNY 44,482,694, a decrease of 19.86% year-over-year, and year-to-date revenue was CNY 142,429,112, down 19.40% compared to the same period last year[5] - Net loss attributable to shareholders for Q3 2025 was CNY -2,642,282.31, an increase of 76.74% year-over-year, with a year-to-date loss of CNY -27,288,099.84, a decrease of 24.96%[5] - Basic and diluted earnings per share for Q3 2025 were both CNY -0.01, reflecting a 75.00% increase year-over-year, while year-to-date figures were CNY -0.10, up 28.57%[5] - Total operating revenue for the current period is ¥142,429,112.30, down 19.4% from ¥176,716,117.64 in the previous period[15] - Net profit for the current period is -¥27,113,659.51, an improvement from -¥34,965,848.47 in the previous period[16] - Basic and diluted earnings per share are both -¥0.10, an improvement from -¥0.14 in the previous period[17] Cash Flow and Investments - Operating cash flow net amount for the year-to-date period was CNY 17,465,864.76, down 46.27% compared to the previous year[5] - Cash flow from investment activities increased by 67.09% year-over-year, mainly due to reduced long-term asset investment expenditures[8] - The company reported a net cash flow from operating activities of ¥17,465,864.76, down 46.3% from ¥32,504,484.70[18] - Net cash flow from investing activities was -$2,384,008.98, a decrease from -$7,243,385.54[19] - Total cash inflow from financing activities amounted to $28,050,710.57, compared to $23,063,337.63 in the previous period[19] - Net cash flow from financing activities was -$11,860,961.95, down from -$53,108,108.66[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 800,739,865.37, a decrease of 3.74% from the end of the previous year[5] - Total current assets amount to 152,797,939.86 RMB, an increase from 145,650,562.69 RMB at the beginning of the period[12] - Total non-current assets decreased to 647,941,925.51 RMB from 686,238,522.84 RMB[13] - Total current liabilities increased to 242,563,248.67 RMB from 231,167,891.49 RMB[13] - Total non-current liabilities decreased to 197,129,246.41 RMB from 204,380,148.54 RMB[13] - Total liabilities decreased slightly to ¥440,437,495.08 from ¥444,473,040.03[14] - Total equity attributable to shareholders decreased to ¥378,041,879.73 from ¥405,893,338.48[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,887[10] - The largest shareholder, Shenzhen Baode Technology Co., Ltd., holds 9.51% of shares, totaling 24,903,400 shares[10] Research and Development - Research and development expenses decreased by 37.75% year-over-year, attributed to strategic adjustments in business direction and optimization of resource allocation[8] - The company recorded a decrease in research and development expenses to ¥16,356,159.80, down 37.8% from ¥26,276,493.96[15] Other Financial Metrics - The company experienced a significant decrease in cash received from sales of goods and services, totaling ¥173,969,301.69, down 27.5% from ¥240,075,907.40[18] - Other comprehensive income attributable to shareholders decreased to -¥14.70 from -¥405.63[17] - Cash and cash equivalents at the end of the period are 17,328,316.52 RMB, down from 24,705,782.16 RMB[12] - Accounts receivable decreased to 34,720,917.75 RMB from 42,450,941.31 RMB[12] - Inventory decreased to 3,170,336.07 RMB from 4,541,068.30 RMB[12] Accounting and Reporting - The company’s third-quarter financial report was not audited[20] - The new accounting standards will be first implemented starting in 2025[20]