MZT(SH:688355)2025-10-29 09:20Financial Performance - The company's operating revenue for Q3 2025 was ¥117,744,245.25, a decrease of 15.55% compared to the same period last year[2] - The total profit for the quarter was ¥1,008,046.93, reflecting a significant decline of 88.15% year-over-year[2] - The net profit attributable to shareholders was ¥545,047.99, down 94.68% from the previous year[2] - Total operating revenue for the first three quarters of 2025 was CNY 369,786,805.34, a decrease of 15.0% compared to CNY 435,110,770.32 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 44,130,988.60, a decline of 16.6% from CNY 52,915,565.97 in 2024[20] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.36, compared to CNY 0.43 in the same period of 2024[21] Cash Flow - The net cash flow from operating activities increased by 135.75% to ¥138,078,440.24 in the current quarter[3] - Operating cash inflow totaled $540,504,004.55, an increase from $495,138,916.56 year-over-year[24] - Net cash outflow from operating activities was $336,074,718.57, compared to $421,549,515.01 in the previous period[24] - Cash received from sales of goods and services in the first three quarters of 2025 was CNY 501,809,668.13, an increase of 11.9% from CNY 448,302,323.37 in 2024[23] - Cash received from investment recoveries was $688,872,250.77, a decrease from $949,000,000.00[24] - Cash paid for the acquisition of fixed assets was $5,180,097.25, significantly lower than $19,690,924.99 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,385,253,121.91, up 4.57% from the end of the previous year[3] - Current assets totaled RMB 953,733,947.01 as of September 30, 2025, compared to RMB 869,283,247.99 at the end of 2024, reflecting a growth of approximately 9.7%[15][16] - The total current liabilities increased to RMB 292,877,328.66 from RMB 214,150,054.48, marking an increase of approximately 36.7%[16] - Total liabilities increased to CNY 319,916,012.04 in 2025 from CNY 239,785,679.93 in 2024, reflecting a growth of 33.5%[17] - The total liabilities of the company increased, reflecting a growing leverage position[16] Research and Development - Research and development expenses totaled ¥18,887,855.90, representing 16.04% of operating revenue, an increase of 2.62 percentage points[3] - Research and development expenses for the first three quarters of 2025 were CNY 51,788,100.53, up 20.9% from CNY 42,848,515.96 in 2024[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,353[10] - Total equity attributable to shareholders decreased to CNY 1,065,314,243.43 in 2025 from CNY 1,084,901,470.58 in 2024, a decline of 1.8%[17] Other Financial Metrics - The basic earnings per share for the quarter was ¥0.004, a decrease of 95.00% compared to the same period last year[3] - The weighted average return on equity was 0.05%, a decrease of 0.92 percentage points year-over-year[3] - Financial expenses for the first three quarters of 2025 showed a significant improvement, with a net income of CNY -21,292,042.58 compared to CNY -487,895.35 in 2024[20] - Other comprehensive income after tax for the first three quarters of 2025 was CNY -5,950,600.27, compared to CNY -10,588.57 in 2024[21]