R&Y(SH:603286)2025-10-29 08:25Financial Performance - The company's operating revenue for the third quarter was ¥278,242,518.57, an increase of 18.93% compared to the same period last year[4] - The total profit for the third quarter was -¥2,430,279.09, a decrease of 185.56% year-on-year[4] - The net profit attributable to shareholders for the third quarter was -¥789,249.13, down 139.11% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was -¥3,288,719.32, a decline of 249.19% year-on-year[4] - The basic earnings per share for the third quarter was -¥0.01, a decrease of 150.00% compared to the same period last year[5] - The diluted earnings per share for the third quarter was also -¥0.01, reflecting a 150.00% decline year-on-year[5] - Total operating revenue for the first three quarters of 2025 reached ¥787.34 million, an increase of 15.1% compared to ¥684.39 million in the same period of 2024[21] - Net profit for the first three quarters of 2025 was a loss of ¥15.12 million, compared to a net profit of ¥14.25 million in the same period of 2024[22] - The basic earnings per share for the first three quarters of 2025 was -¥0.16, compared to ¥0.08 in the same period of 2024[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,881,053,278.38, an increase of 2.48% from the end of the previous year[5] - As of September 30, 2025, the total assets of Jiangsu Riying Electronics Co., Ltd. amounted to CNY 1,881,053,278.38, an increase from CNY 1,835,569,140.70 at the end of 2024[15] - The company's current assets totaled CNY 893,285,110.77, a decrease from CNY 925,015,919.04 in the previous year[15] - The total liabilities increased to CNY 1,039,614,080.94 from CNY 943,202,541.41, indicating a rise in financial obligations[17] - The company's equity attributable to shareholders decreased to CNY 841,439,197.44 from CNY 873,123,323.97, reflecting a decline in shareholder value[17] - The total liabilities to equity ratio increased, reflecting a higher leverage position for the company[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥62,531,140.23, reflecting a 93.66% increase[5] - The company reported a net cash flow from operating activities of ¥62.53 million, an increase from ¥32.29 million in the previous year[24] - Cash and cash equivalents at the end of the period were ¥123.07 million, down from ¥362.53 million at the end of the previous year[25] - The company experienced a net cash flow from financing activities of ¥87.69 million, a significant increase from ¥1.73 million in the same period last year[25] Costs and Expenses - Total operating costs increased to ¥810.48 million, up 20.9% from ¥670.45 million year-over-year[21] - Research and development expenses rose to ¥44.90 million, compared to ¥35.59 million in the same period last year, reflecting a 26.1% increase[21] - The total cash outflow from investing activities was ¥421.76 million, compared to ¥108.51 million in the previous year, indicating increased investment activity[25] Investments - The company's long-term investments rose to CNY 24,339,217.48 from CNY 21,731,602.69, indicating a focus on growth through investments[16] - The company recorded an investment income of ¥5.18 million, significantly higher than ¥1.72 million in the previous year[21] Accounting Changes - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of the year[26] Inventory and Receivables - Accounts receivable stood at CNY 304,500,460.21, compared to CNY 334,929,249.53 in the previous period, showing a reduction in receivables[15] - The company's inventory decreased to CNY 199,161,522.34 from CNY 208,907,955.17, indicating improved inventory management[15] Debt Financing - Short-term borrowings increased significantly to CNY 491,830,517.91 from CNY 380,456,462.33, suggesting a higher reliance on debt financing[17] - The company experienced a significant decline in overall gross margin year-on-year, impacting profitability[10]