航天环宇(688523) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥96,573,642.82, a decrease of 9.91% compared to the same period last year[3] - Total profit for the quarter was ¥15,834,978.17, down 51.10% year-on-year[3] - Net profit attributable to shareholders was ¥16,776,797.32, a decline of 40.85% compared to the previous year[3] - The basic earnings per share for the quarter was ¥0.0415, a decrease of 40.71% year-on-year[3] - The net profit for the current period is CNY 49,010,456.03, a decrease of 13.6% compared to CNY 56,766,190.28 in the previous period[20] - The company’s total profit decreased to CNY 48,414,593.89 from CNY 54,725,242.95, reflecting a decline of 10.5%[19] - The basic and diluted earnings per share for the current period are both CNY 0.1275, slightly up from CNY 0.1263 in the previous period[21] Research and Development - Research and development expenses totaled ¥17,928,804.88, representing 18.56% of operating revenue, an increase of 4.26 percentage points[4] - Research and development expenses rose to CNY 55,646,230.26, up from CNY 40,647,975.02, marking an increase of 37.0%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,477,568,380.43, an increase of 1.71% from the end of the previous year[4] - Current assets as of September 30, 2025, totaled RMB 1,214,130,129.89, down from RMB 1,319,903,679.95 at the end of 2024, reflecting a decrease of approximately 8%[14] - Cash and cash equivalents decreased to RMB 210,722,470.80 from RMB 226,773,596.88, a decline of about 7.5%[14] - Accounts receivable increased to RMB 445,555,805.43 from RMB 412,783,406.00, representing a growth of approximately 7.9%[14] - Inventory rose to RMB 207,527,521.77, up from RMB 160,105,468.27, indicating an increase of about 29.6%[14] - Total liabilities decreased to RMB 755,397,747.30 from RMB 762,883,231.06, a reduction of approximately 1.1%[16] - Total equity increased to RMB 1,722,170,633.13 from RMB 1,672,976,576.76, reflecting a growth of about 2.9%[16] - Fixed assets increased to RMB 539,112,138.42 from RMB 480,163,352.05, showing an increase of approximately 12.3%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥37,345,882.38, indicating a significant cash outflow[3] - The company reported a net cash outflow from operating activities of CNY -37,345,882.38, an improvement from CNY -63,506,099.49 in the previous year[22] - Cash and cash equivalents at the end of the period totaled CNY 210,722,466.23, compared to CNY 73,751,873.31 at the end of the previous year[22] - Investment activities resulted in a net cash outflow of CNY -21,251,431.57, compared to CNY -6,904,828.12 in the previous year[23] Shareholder Information - The company reported a total of 10,438 ordinary shareholders at the end of the reporting period[11] - Major shareholders include Li Wanxiao with 42.15% ownership and Cui Yanxia with 23.44% ownership[11] Future Outlook - The company reported a net profit margin improvement, with net profit for the first three quarters of 2025 expected to show positive growth compared to the previous year[18] - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[18] Operating Costs - The total operating costs increased to CNY 267,401,927.35 from CNY 235,673,804.20, representing an increase of 13.5%[19] - The company’s financial expenses increased significantly, with interest expenses rising to CNY 2,075,471.05 from CNY 586,099.98[19]