航天晨光(600501) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥434,106,240.47, representing a year-on-year increase of 3.80%[3] - The total profit for the quarter was a loss of ¥25,148,721.53, with a year-to-date total profit loss of ¥119,664,345.63[3] - The net profit attributable to shareholders was a loss of ¥28,702,090.67 for the quarter, and a year-to-date loss of ¥113,186,359.20[3] - The basic and diluted earnings per share for the quarter were both -¥0.06, with year-to-date figures of -¥0.26[3] - The weighted average return on net assets was -2.23% for the quarter and -6.36% year-to-date[3] - The company reported a net loss of CNY 176,634,424.55 for the first three quarters of 2025, compared to a net loss of CNY 63,448,065.35 in the same period of 2024[16] - Net profit for the first three quarters of 2025 was -122,759,968.10 CNY, compared to -163,355,604.24 CNY in the same period of 2024, showing an improvement of approximately 24.8%[18] - Operating profit for the first three quarters of 2025 was -120,086,480.80 CNY, an improvement from -164,929,864.21 CNY in the previous year[18] - The total comprehensive income for the first three quarters of 2025 was -122,816,341.66 CNY, compared to -163,361,645.67 CNY in the same period of 2024[19] Cash Flow - The net cash flow from operating activities for the quarter was ¥211,031,695.92, showing significant improvement compared to a year-to-date loss of ¥95,775,672.49[3] - The company reported a significant increase of 91.24% in net cash flow from operating activities year-to-date, primarily due to increased cash collections[9] - Cash flow from operating activities for the first three quarters of 2025 was -95,775,672.49 CNY, an improvement from -1,057,725,683.92 CNY in the same period of 2024[21] - Cash flow from investing activities generated a net inflow of 4,079,542.61 CNY in the first three quarters of 2025, compared to a net outflow of -5,770,796.64 CNY in 2024[21] - Cash flow from financing activities resulted in a net inflow of 120,408,389.05 CNY in the first three quarters of 2025, compared to 459,359,171.54 CNY in the same period of 2024[21] Assets and Liabilities - Total assets at the end of the quarter were ¥4,825,561,355.38, down 6.42% from the end of the previous year[4] - Total assets as of September 30, 2025, were CNY 4,825,561,355.38, down from CNY 5,156,470,462.88 at the end of 2024, a decrease of about 6.4%[16] - Total liabilities decreased to CNY 2,899,943,206.53 from CNY 3,098,598,202.56, indicating a reduction of approximately 6.4%[15] - Shareholders' equity attributable to the parent company decreased by 5.99% to ¥1,723,289,837.05 compared to the end of the previous year[4] - Shareholders' equity as of September 30, 2025, was CNY 1,925,618,148.85, down from CNY 2,057,872,260.32, reflecting a decrease of about 6.4%[16] Revenue and Costs - Total operating revenue for the first three quarters of 2025 was CNY 1,172,412,539.13, a decrease of 10% compared to CNY 1,302,616,962.06 in the same period of 2024[17] - Total operating costs for the first three quarters of 2025 were CNY 1,345,212,485.37, down from CNY 1,465,559,408.76 in 2024, reflecting a reduction of approximately 8%[17] - Research and development expenses decreased to CNY 76,886,448.32 in 2025 from CNY 123,761,473.42 in 2024, indicating a reduction of about 38%[17] Inventory and Receivables - Accounts receivable decreased to CNY 1,913,615,747.47 from CNY 2,242,768,576.29, representing a decline of about 14.7%[14] - Inventory increased to CNY 728,101,863.77 from CNY 624,691,435.95, reflecting an increase of approximately 16.6%[14] Cash and Equivalents - Cash and cash equivalents as of September 30, 2025, were CNY 337,560,761.61, compared to CNY 316,926,005.23 at the end of 2024, showing an increase of approximately 6.5%[14] - The company reported a cash and cash equivalents balance of 336,003,957.18 CNY at the end of the third quarter of 2025, compared to 329,612,630.44 CNY at the end of 2024[21] Borrowings - The company received 500,000,000.00 CNY in borrowings during the first three quarters of 2025, compared to 459,000,000.00 CNY in the same period of 2024[21]