Financial Performance - The company's operating revenue for Q3 2025 was ¥283,953,611, a decrease of 30.19% compared to the same period last year, which reported ¥406,747,699[5]. - The net profit attributable to shareholders for Q3 2025 was -¥17,317,720, representing a decline of 182.79% from the previous year's profit of ¥20,916,598[5]. - The basic earnings per share for Q3 2025 was -¥0.0722, down 182.80% from ¥0.0872 in the same period last year[5]. - The total profit for the period was CNY -39,893,847.14, representing a drastic decline of 1944.37% compared to the previous year[11]. - The net profit for the period was a loss of CNY 41,548,787.65, compared to a loss of CNY 6,244,089.50 in the previous period, indicating a significant decline in profitability[24]. - The total comprehensive income for the period was a loss of CNY 41,548,787.65, compared to a loss of CNY 6,244,089.50 in the previous period[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,188,316,824.78, a decrease of 12.87% from ¥4,806,720,743.59 at the end of the previous year[5]. - The company's total liabilities decreased by 24.80% in contract liabilities, reflecting the recognition of previously received advance payments as revenue[10]. - The company's total liabilities include a significant increase in current liabilities, with a rise of 1026.34% to CNY 329,833,702.89 due to reclassification of loans maturing within one year[11]. - Total liabilities decreased to ¥2,398,965,869.97 from ¥2,964,009,922.13, reflecting a decline of approximately 19.1%[20]. - Total equity attributable to shareholders decreased to ¥1,789,350,954.81 from ¥1,842,710,821.46, a decrease of about 2.9%[20]. Cash Flow - The company reported a net cash flow from operating activities of -¥377,376,400, indicating a significant cash outflow compared to the previous period[5]. - The cash flow from operating activities saw a 55.67% decrease to CNY 28,189,412.70, largely due to reduced loan interest subsidies received[12]. - The net cash flow from operating activities was a negative CNY 377,376,488.58, an improvement from a negative CNY 442,426,071.10 in the previous period[26]. - Cash and cash equivalents decreased by 39.78% to ¥679,154,568.70, primarily due to payments for procurement and taxes[10]. - Cash and cash equivalents decreased to ¥679,154,568.70 from ¥1,127,787,125.55, reflecting a decline of approximately 39.8%[18]. - The cash and cash equivalents at the end of the period stood at CNY 678,904,838.70, a slight increase from CNY 674,134,477.42 in the previous period[27]. Expenses and Costs - The total operating costs for the period were CNY 1,414,515,807.56, an increase of 10.98% compared to CNY 1,274,710,211.45 in the previous period[23]. - Sales expenses decreased by 31.78% to CNY 25,682,211.48, primarily due to reductions in employee compensation, rental fees, and travel expenses[11]. - Financial expenses increased by 85.61% to CNY 5,394,046.55, mainly due to last year's loan interest subsidies[11]. - The company incurred financial expenses of CNY 5,394,046.55, which included interest expenses of CNY 8,888,475.32, up from CNY 7,349,332.90 in the previous period[23]. - Research and development expenses were CNY 63,147,159.48, slightly down from CNY 64,774,379.02 in the previous period, reflecting a focus on maintaining R&D investment[23]. Taxation - The income tax expense decreased by 80.31% to CNY 1,654,940.51, primarily due to adjustments in R&D tax deductions from the previous year[11]. - The company reported a decrease in tax expenses, with income tax expenses of CNY 1,654,940.51 compared to CNY 8,407,092.95 in the previous period[24]. - The company experienced a 93.28% increase in tax payments, totaling CNY 73,957,148.14, due to higher VAT payments compared to the previous year[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,342, with the largest shareholder, Kunming Shipbuilding Equipment Group Co., Ltd., holding 60.00% of shares[13]. - The company has a total of 152,757,633 restricted shares, with no changes in the current period[16]. - The company plans to lift restrictions on certain shares by November 2025[16].
昆船智能(301311) - 2025 Q3 - 季度财报