东微半导(688261) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 reached ¥347,791,495.09, representing a year-on-year increase of 33.26%[3] - The total profit for the period was ¥21,965,080.55, reflecting a significant increase of 58.70% compared to the same period last year[3] - Net profit attributable to shareholders was ¥20,968,663.18, up by 53.09% year-on-year[3] - The net profit after deducting non-recurring gains and losses surged by 304.70% to ¥10,656,782.25[3] - The total profit for the year-to-date period reached 71.73 million, driven by demand recovery in various sectors including industrial and automotive applications[9] - The net profit attributable to shareholders for the current reporting period was 53.09 million, with a year-to-date net profit of 58.46 million, reflecting a continuous increase in revenue and gross margin[9] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 304.70 million for the current period, with a year-to-date figure of 374.48 million, marking a growth of 77.37% year-on-year[9] - The company achieved a net profit of 2,676.16 million for Q3 2025, a significant increase of 95.39% compared to the same period last year[9] - The net profit attributable to shareholders, excluding non-recurring gains and losses, for the year-to-date period was 2,617.67 million, up 509.33% year-on-year[9] - Net profit for the first three quarters of 2025 was ¥40.90 million, representing a 33.5% increase from ¥30.64 million in 2024[24] Research and Development - The company's R&D investment totaled ¥23,191,821.76, an increase of 45.77% compared to the same period last year, accounting for 6.67% of revenue[4] - Research and development expenses for the current period totaled 45.77 million, reflecting increased investment in advanced product development and related costs[9] - Research and development expenses for the first three quarters of 2025 amounted to ¥65.42 million, up from ¥54.69 million in 2024, indicating a focus on innovation[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,628, indicating a broad shareholder base[11] - The top ten shareholders collectively hold significant stakes, with the largest shareholder owning 12.10% of the shares[12] - The company has implemented a 2025 Restricted Stock Incentive Plan, granting a total of 1,837,971 shares, which represents 1.50% of the company's total share capital as of the announcement date[14] - As of the end of the reporting period, the company has completed the registration of 456,327 shares of the first category of restricted stock for 117 incentive recipients, with a grant price of 21.77 RMB per share[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,153,923,941.61, a 1.74% increase from the end of the previous year[4] - The company's total liabilities as of September 30, 2025, were 215,684,021.24 RMB, compared to 200,139,616.66 RMB at the end of 2024[20] - The company's total equity attributable to shareholders as of September 30, 2025, was 2,949,253,439.08 RMB, up from 2,899,743,730.12 RMB at the end of 2024[21] - The company's cash and cash equivalents as of September 30, 2025, were 988,326,097.07 RMB, a decrease from 2,084,185,195.71 RMB at the end of 2024[18] - The company's inventory as of September 30, 2025, was 542,183,941.36 RMB, an increase from 360,602,241.41 RMB at the end of 2024[19] - The company's accounts receivable as of September 30, 2025, were 181,963,295.15 RMB, compared to 162,944,347.08 RMB at the end of 2024[18] Cash Flow - The company reported a net cash flow from operating activities of -¥211,966,422.19 for the year-to-date[3] - The net cash flow from operating activities for the current period was impacted by increased sales scale and cash payments for purchases and services[9] - Cash flow from operating activities for the first three quarters of 2025 showed a net outflow of ¥211.97 million, worsening from a net outflow of ¥7.72 million in 2024[27] - Cash inflow from investment activities in the first three quarters of 2025 was ¥7.20 billion, a substantial increase from ¥3.55 billion in 2024[27] - Cash outflow from investment activities for the first three quarters of 2025 totaled ¥8.12 billion, compared to ¥4.72 billion in 2024, indicating increased investment activity[27] - Net cash flow from financing activities for the first three quarters of 2025 was ¥35.40 million, a recovery from a net outflow of ¥63.15 million in 2024[27] Earnings Per Share - The basic earnings per share for the period was ¥0.17, a 54.55% increase year-on-year[4] - The basic earnings per share for the current period was 54.55, while the diluted earnings per share for the year-to-date period was 60.00, indicating improved profitability[9] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.40, compared to ¥0.25 in the same period of 2024, reflecting a 60% increase[25] Accounting Changes - The company will implement new accounting standards starting from 2025, which will involve adjustments to the financial statements at the beginning of the year[28] Announcement - The announcement was made by the board of Suzhou Dongwei Semiconductor Co., Ltd. on October 29, 2025[29]