ZYDX(SH:688509)2025-10-29 10:05Financial Performance - Total operating revenue for Q3 2025 was ¥75,885,292.23, a decrease of 26.65% compared to the same period last year[3]. - Net profit attributable to shareholders was -¥14,834,873.03, with a year-to-date total of -¥62,946,369.33, indicating significant losses[3]. - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[18]. - Net profit for the first three quarters of 2025 was a loss of CNY 67,771,707.58, compared to a loss of CNY 78,310,026.62 in the same period of 2024, indicating an improvement of about 13.5%[20]. - The total comprehensive income for the first three quarters of 2025 was a loss of CNY 67,771,707.58, compared to a loss of CNY 78,310,026.62 in the same period of 2024, showing an improvement of approximately 13.5%[20]. Assets and Liabilities - Total assets decreased by 6.73% from the end of the previous year, totaling ¥3,208,030,981.93[4]. - Total assets decreased to RMB 3,208,030,981.93 from RMB 3,439,673,885.93, a decline of 6.7%[16]. - Total liabilities decreased to RMB 1,880,339,943.24 from RMB 2,002,933,708.71, reflecting a reduction of 6.1%[16]. - The company's equity attributable to shareholders decreased to RMB 1,240,815,617.24 from RMB 1,305,713,712.32, a decline of 4.9%[16]. Cash Flow and Investments - Cash flow from operating activities was not applicable for the current period, with a year-to-date total of -¥115,142,836.02[3]. - Operating cash flow for the first three quarters of 2025 was negative CNY 115,142,836.02, an improvement from negative CNY 231,704,104.29 in the same period of 2024[23]. - Total financing cash flow for the first three quarters of 2025 was negative CNY 14,895,519.42, compared to negative CNY 5,501,989.21 in the same period of 2024[24]. - The company incurred a net loss from investment activities of CNY 23,190,862.75 in the first three quarters of 2025, compared to a loss of CNY 22,226,198.00 in the same period of 2024[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,465[10]. - The largest shareholder, China Metallurgical Geology Bureau, holds 50.03% of the shares, totaling 385,207,800 shares[10]. Research and Development - Research and development expenses amounted to ¥11,491,650.80, representing 15.14% of operating revenue, an increase of 1.45 percentage points from the previous year[4]. - Research and development expenses for the first three quarters of 2025 were CNY 35,714,476.97, down from CNY 40,679,494.62 in the same period of 2024, a decrease of about 12.1%[19]. Inventory and Receivables - Accounts receivable amounted to RMB 548,568,428.88, down from RMB 602,331,180.33, indicating a reduction of 8.9%[14]. - Inventory increased significantly to RMB 42,574,636.23 from RMB 8,453,418.52, representing a growth of 404.5%[14]. Future Outlook - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[18].