琏升科技(300051) - 2025 Q3 - 季度财报

Financial Performance - Q3 2025 revenue decreased by 40.40% year-on-year to ¥85,187,156[5] - Net profit attributable to shareholders dropped by 67.89% to ¥39,957,020, with a year-to-date decline of 36.09%[5] - Basic earnings per share fell by 83.33% to -¥0.11, reflecting a significant downturn in profitability[5] - Total operating revenue for the current period is ¥294,628,202.34, a decrease of 0.14% from ¥297,035,783.50 in the previous period[46] - Operating profit for the current period is -¥215,354,324.30, an improvement from -¥265,738,000.13 in the previous period[47] - Net profit for the current period is -¥251,919,140.95, compared to -¥209,680,837.46 in the previous period[47] - The company reported a basic and diluted earnings per share of -¥0.24, compared to -¥0.18 in the previous period[48] Assets and Liabilities - Total assets decreased by 20.81% to ¥2,616,523,625.31 compared to the beginning of the year[10] - Total liabilities amount to ¥2,013,650,145.66, down from ¥2,457,361,951.67 in the previous period[44] - Total equity attributable to shareholders of the parent company is ¥161,955,341.28, a decrease from ¥241,842,814.58 in the previous period[44] - Non-current assets decreased from ¥2,753,169,248.28 to ¥2,344,127,810.15, representing a reduction of about 15%[43] - The company’s long-term borrowings increased to ¥567,278,419.70 from ¥531,938,845.69 in the previous period[44] - The company’s total non-current liabilities rose to ¥1,200,888,669.63 from ¥1,124,523,602.19 in the previous period[44] Cash Flow - Cash and cash equivalents dropped by 80.99% to ¥47,513,184.54, primarily due to cash payments for fixed and intangible assets[11] - Net cash flow from operating activities decreased by 154.67% compared to the same period last year, primarily due to a decrease in cash received from sales of goods and services[35] - Cash flow from operating activities is ¥276,299,081.32, down from ¥338,945,942.47 in the previous period[49] - The net cash flow from operating activities was -30,359,739.71, compared to 55,530,150.77 in the previous period, indicating a significant decline[50] - The net increase in cash and cash equivalents was -128,030,184.09, compared to -221,533,189.19 in the previous period[51] - Cash received from other operating activities amounted to 48,215,346.47, a decrease from 97,657,189.97 in the previous period[50] Investments and Expenses - Long-term equity investments increased by 113.55% to ¥4,495,445.42, due to completed capital contributions to joint ventures[16] - Investment income increased by 50.71% compared to the same period last year, mainly due to increased investment income from joint ventures[28] - Sales expenses decreased by 60.34% compared to the same period last year, primarily due to the disposal of a subsidiary, which is no longer included in the consolidated scope[25] - R&D expenses decreased by 38.84% compared to the same period last year, also due to the disposal of a subsidiary[27] Shareholder Information - The number of common shareholders at the end of the reporting period was 25,348[38] - The largest shareholder, Hainan Liansheng Technology Co., Ltd., holds 13.87% of the shares, totaling 51,601,566 shares[38] - The company plans to grant 6,278,000 restricted stocks under the 2024 incentive plan, with 2,043,600 stocks released from restrictions this period[40] - The company has a total of 4,860,675 restricted shares remaining after the current period's adjustments[43] Other Financial Information - The company has adjusted its accounting policy regarding revenue recognition for domain name transactions, impacting reported figures[5] - Total operating costs increased to ¥491,594,358.58, up 2.83% from ¥480,687,253.17 in the previous period[47] - The company is undergoing a significant capital restructuring, with changes to its registered capital and articles of association expected in early 2025[41] - The company’s third-quarter financial report was not audited[52]