司南导航(688592) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥68,828,772.54, a decrease of 9.07% compared to the same period last year[3] - The total profit for the period was -¥20,005,338.93, reflecting a significant decline of 93.85% year-over-year[3] - The net profit attributable to shareholders was -¥20,059,238.44, down 97.09% compared to the previous year[3] - Basic and diluted earnings per share for the period were both -¥0.25, a decline of 56.25% compared to the same period last year[3] - Net loss for the first three quarters of 2025 was ¥22.81 million, compared to a net loss of ¥8.17 million in the same period of 2024, reflecting a significant decline in profitability[22] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.29, compared to -¥0.13 in the same period of 2024[23] - The company reported a total comprehensive loss of ¥23.53 million for the first three quarters of 2025, compared to a loss of ¥8.01 million in the same period of 2024[23] - The company reported a basic and diluted earnings per share of -¥0.04 for the first three quarters of 2025, compared to ¥0.17 in 2024[32] - Total comprehensive income for the first three quarters of 2025 was -¥4.25 million, compared to ¥10.66 million in 2024[32] Cash Flow - The net cash flow from operating activities was -¥66,735,223.43, a decrease of 7.39% year-to-date[3] - Cash inflow from operating activities totaled ¥348.25 million, an increase of 20.7% from ¥288.66 million in the first three quarters of 2024[24] - The net cash flow from operating activities was -66,735,223.43 RMB, compared to -62,144,935.13 RMB in the previous period, indicating a decline in operational cash flow[25] - The cash outflow from financing activities was -14,149,099.81 RMB, compared to -37,421,991.18 RMB in the previous period, showing an improvement[25] - Cash and cash equivalents at the end of the period totaled 506,053,428.06 RMB, down from 515,821,815.06 RMB[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,283,216,939.98, a decrease of 2.68% from the end of the previous year[4] - Total current assets amount to ¥1,123,514,589.65, a decrease from ¥1,186,424,316.30 at the end of 2024[16] - Total liabilities amount to ¥325,340,699.57, down from ¥346,306,120.98[17] - Total liabilities decreased to ¥359.51 million from ¥374.08 million, indicating a reduction in financial obligations[18] - The company's total liabilities decreased slightly to 340,868,556.35 RMB from 346,305,665.46 RMB[28] - The total assets amounted to 1,376,106,807.16 RMB, down from 1,386,142,481.90 RMB[28] - The company's total equity decreased to 1,035,238,250.81 RMB from 1,039,836,816.44 RMB[29] Research and Development - Research and development expenses totaled ¥22,726,743.27, accounting for 33.02% of operating revenue, an increase of 6.56 percentage points[4] - Research and development expenses rose to ¥49.12 million, up 14.5% from ¥42.78 million in the previous year[22] - Research and development expenses increased to ¥37.79 million in the first three quarters of 2025, compared to ¥34.64 million in 2024[31] - The company reported a significant increase in development expenditures to ¥47,634,577.75 from ¥39,080,964.24[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 4,178[12] - The largest shareholder, Wang Yongquan, holds 23,306,624 shares, representing 28.97% of total shares[12] - The company has repurchased 1,157,954 shares, accounting for 1.44% of total share capital[13] - Shareholders' equity attributable to the parent company decreased to ¥925.15 million from ¥945.88 million, reflecting a decline in retained earnings[18] Inventory and Accounts Receivable - Inventory levels rose by 46.00% to ensure adequate supply for Q4 sales, reflecting seasonal and cyclical sales patterns[9] - Inventory increased to ¥196,474,146.16 from ¥134,569,951.59[16] - The company reported a significant increase in inventory, rising to 193,576,360.66 RMB from 133,550,018.04 RMB, an increase of approximately 45%[27] - Accounts receivable decreased to ¥273,066,681.90 from ¥320,458,744.18[16] Investment Activities - Total cash inflow from investment activities was 2,017,624,639.10 RMB, up from 1,787,743,815.91 RMB, reflecting an increase of approximately 12.9%[25] - The net cash flow from investment activities was -82,096,296.33 RMB, worsening from -15,170,071.86 RMB in the previous period[25] - Investment activities generated a net cash outflow of ¥102.60 million in the first three quarters of 2025, compared to a net outflow of ¥15.79 million in 2024[34]