RAISECOM(SH:603803)2025-10-29 09:45Financial Performance - The company's operating revenue for the third quarter was CNY 307,093,595.57, representing a year-on-year increase of 1.68%[4] - The total profit for the period was a loss of CNY 4,860,779.53, with a year-to-date total profit loss of CNY 46,866,182.36[4] - The net profit attributable to shareholders was a loss of CNY 4,893,895.73 for the quarter, and a loss of CNY 47,085,217.24 year-to-date[4] - The net profit after deducting non-recurring gains and losses was a loss of CNY 8,362,443.82 for the quarter, with a year-to-date loss of CNY 56,638,330.45[4] - The basic earnings per share for the quarter was CNY -0.01, compared to CNY -0.11 for the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 845,995,634.10, a decrease of 17.9% compared to CNY 1,030,168,643.14 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was a loss of CNY 47,085,217.24, compared to a loss of CNY 65,040,723.71 in the same period of 2024, representing a 27.6% improvement[21] - Earnings per share for the first three quarters of 2025 were CNY -0.11, an improvement from CNY -0.15 in the same period of 2024[22] - The total comprehensive income for the first three quarters of 2025 was a loss of CNY 46,320,607.51, compared to a loss of CNY 68,084,373.11 in 2024, indicating a 31.9% improvement[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,472,506,098.40, a decrease of 7.66% from the end of the previous year[5] - The equity attributable to shareholders was CNY 1,570,540,286.39, down 2.88% from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to CNY 2,472,506,098.40, a decrease from CNY 2,677,652,136.39 as of December 31, 2024, representing a decline of approximately 7.65%[15] - Total current liabilities decreased to CNY 881,447,841.36 from CNY 1,030,101,669.55, a reduction of approximately 14.45%[17] - Total liabilities decreased to CNY 901,965,812.01 from CNY 1,060,499,723.52, reflecting a decline of about 15.00%[17] - The total liabilities and equity as of the end of the reporting period were CNY 2,472,506,098.40, down from CNY 2,677,652,136.39 in the previous year[18] - Unallocated profits decreased to CNY 178,613,114.81 from CNY 225,989,851.02 in the previous year, reflecting a decline of 20.9%[18] Cash Flow - The company reported a decrease in cash flow from operating activities, with a year-to-date net cash flow of CNY -141,884,684.53[4] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 1,036,806,473.28, down 15.3% from CNY 1,224,336,249.62 in 2024[25] - The net cash flow from operating activities was -141,884,684.53 RMB, a decrease from -22,391,184.33 RMB in the previous period, indicating a worsening operational cash flow situation[26] - Total cash and cash equivalents at the end of the period decreased to 477,584,770.12 RMB from 651,035,812.81 RMB, reflecting a net decrease of 183,750,039.41 RMB[27] - Cash inflow from financing activities was 175,000,000.00 RMB, down from 225,536,143.02 RMB, indicating a decline of approximately 22.4%[26] - The net cash flow from investing activities was -4,719,367.16 RMB, a significant drop from 20,428,231.72 RMB in the previous period[26] - The cash received from investment activities was 572,389,328.30 RMB, down from 940,791,767.73 RMB, indicating a decline of approximately 39%[26] Shareholder Information - The company reported a total of 33,828 common shareholders at the end of the reporting period[12] - The top four shareholders, including Li Yuejie, Ren Jianhong, and Zhu Chuncheng, each hold 9.11% of the shares, totaling 38,693,251 shares[12] - The company has not reported any significant changes in shareholder participation in margin trading or securities lending[13] Operational Efficiency - The company implemented cost reduction and efficiency enhancement strategies, contributing to a decrease in expenses[10] - Total operating costs for the first three quarters of 2025 were CNY 939,432,989.27, down 18.2% from CNY 1,147,493,082.06 in 2024[20] - Research and development expenses for the first three quarters of 2025 were CNY 198,434,676.00, a decrease of 11.9% compared to CNY 225,176,091.97 in 2024[20] - The company reported a significant increase in credit impairment losses, which rose to ¥18.90 million in 2025 from ¥6.84 million in 2024[31] Other Information - There are no significant new strategies or product developments mentioned in the current report[14] - The company has not adopted new accounting standards for the year 2025[36]