遥望科技(002291) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥716,848,405.60, representing a decrease of 29.79% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥161,822,499.69, a decline of 14.61% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥160,097,212.64, down 15.89% from the previous year[5]. - Operating revenue decreased by 34.65% to ¥2,613,081,861.45 from ¥3,998,539,766.34 due to the closure of unprofitable IPs and offline stores[9]. - Operating costs fell by 34.59% to ¥2,423,579,322.66, reflecting a decrease in revenue[9]. - Net profit for the period was ¥-419,528,469.53, compared to ¥-416,511,932.47 in the previous period, indicating a slight increase in losses[21]. - Basic and diluted earnings per share were both -¥0.1723, reflecting a 15.37% increase in loss compared to the same period last year[5]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,970,543,986.42, a decrease of 11.77% from the end of the previous year[5]. - The equity attributable to shareholders was ¥3,018,111,213.75, down 12.08% compared to the end of the previous year[5]. - The company's total liabilities decreased from 2,185.84 million yuan to 1,939.71 million yuan during the same period[17]. - The company's total assets and equity decreased from ¥5,633,701,307.67 to ¥4,970,543,986.42, reflecting a decline of approximately 11.8%[18]. Cash Flow - The cash flow from operating activities showed a net outflow of -¥53,635,844.65, a significant decline of 158.49% year-to-date[5]. - Cash flow from financing activities decreased by 70.52% to -¥68,385,822.02, mainly due to reduced debt repayments[10]. - The net cash flow from operating activities was ¥-53,635,844.65, down from ¥91,706,336.42 in the previous period[22]. - The net increase in cash and cash equivalents for the period was -$194,877,477.72, with an ending balance of $177,617,008.32[23]. Investments and Expenses - R&D expenses decreased by 34.82% to ¥45,687,065.25, attributed to a reduction in R&D projects[9]. - Investment income turned negative at -¥14,961,165.70, a decrease of 544.59% compared to the previous year[9]. - Other investments saw a drastic reduction of 83.26% to ¥6,185,000.56, primarily due to decreased government subsidies[9]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 97,455, with no preferred shareholders[11]. - The largest shareholder, LYONE GROUP PTE. LTD., holds 7.77% of shares, totaling 72,691,390[11]. Corporate Actions - The company changed its name from "Foshan Yaowang Technology Co., Ltd." to "Guangdong Yaowang Technology Group Co., Ltd." to better reflect its business development and regional expansion[13]. - The company completed the cancellation of 1,459,498 stock options from the 2021 stock option and restricted stock incentive plan due to 107 incentive objects not exercising their options within the designated period[12]. - The company plans to cancel a total of 18,910,120 stock options from the 2023 stock option incentive plan, as 177 incentive objects did not exercise their options and 43 left the company[13]. - The company established a wholly-owned subsidiary, Hangzhou Yaowang Innovation Network Technology Co., Ltd., focusing on virtual reality equipment manufacturing and digital cultural creative software development[15]. Other Financial Information - Tax expenses increased significantly, with a change of 115.73% to ¥5,538,173.72, due to profitability in some subsidiaries[9]. - The company reported a significant increase in cash received from operating activities, totaling ¥4,033,705,544.80, compared to ¥5,219,596,223.01 in the previous period[22]. - The third quarter financial report was not audited[24]. - The company will implement new accounting standards starting from 2025[24].