LDXC(SH:603937)2025-10-29 12:15Financial Performance - The company's operating revenue for the third quarter reached ¥499,816,909.13, representing a year-on-year increase of 19.40%[4] - The total profit for the period was ¥14,145,432.42, while the net profit attributable to shareholders was ¥8,976,111.38, showing a significant recovery from a loss of ¥14,818,252.37 in the same period last year[4] - The net cash flow from operating activities was ¥27,943,313.28, indicating a positive cash flow compared to a negative cash flow in the previous year[5] - The weighted average return on net assets for the period was 0.57%, a recovery from -0.94% in the previous year[5] - The company reported a basic earnings per share of ¥0.04, compared to a loss of ¥0.07 per share in the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,772,434.43, a significant improvement from a loss of ¥21,298,543.05 in the previous year[4] - Net profit for the first three quarters of 2025 was a loss of ¥14,818,252.37, compared to a loss of ¥3,417,008.81 in the same period of 2024, indicating a worsening financial performance[22] - The company’s basic earnings per share for the first three quarters of 2025 was -¥0.07, compared to -¥0.02 in 2024, indicating a decline in profitability per share[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,591,885,257.95, reflecting a 2.57% increase from the end of the previous year[5] - The total liabilities as of September 30, 2025, were RMB 635,446,664.04, compared to RMB 554,789,844.37 in the previous year[16] - The total liabilities increased to ¥1,019,055,893.59 in 2025 from ¥939,372,402.30 in 2024, indicating a rise in financial obligations[18] - The total equity attributable to shareholders decreased to ¥1,572,829,364.36 in 2025 from ¥1,587,549,070.53 in 2024, showing a decline in shareholder value[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,022, indicating a stable shareholder base[10] - The largest shareholder, Cai Zhengguo, holds 56.84% of the shares, reflecting significant ownership concentration[10] Cash Flow - The company received government subsidies amounting to ¥2,505,805.43 during the period, contributing positively to its financial performance[7] - The company’s cash inflow from operating activities totaled ¥911,651,585.67 in 2025, slightly up from ¥908,994,467.32 in 2024[25] - The net cash flow from operating activities for the first three quarters of 2025 was ¥31,424,240.97, a recovery from a negative cash flow of ¥107,854,627.98 in 2024[25] - Net cash flow from investing activities was $13,110,363.25, compared to $123,319,947.86 in the previous period[26] - Net cash flow from financing activities was -$20,775,894.82, with cash outflows for dividend payments totaling $20,261,367.44[26] - The net increase in cash and cash equivalents was $44,218,782.05, contrasting with a decrease of $4,159,771.37 in the prior period[26] - The ending balance of cash and cash equivalents was $175,869,345.42, up from $152,045,064.71 in the previous period[26] - The impact of exchange rate changes on cash and cash equivalents was -$315,822.17, compared to $1,150,803.57 previously[26] Operational Developments - The company has relocated its production and office facilities to a new site at No. 127 Xinlong Road, Changzhou[13] - The company is actively engaging in market expansion and new product development strategies[12] - The company is focused on enhancing its operational efficiency and exploring new technologies for future growth[12] Research and Development - Research and development expenses increased to ¥42,922,873.88 in the first three quarters of 2025, up 66.7% from ¥25,737,180.43 in 2024, reflecting a focus on innovation[20] Inventory and Receivables - Current assets totaled RMB 1,350,875,431.39, up from RMB 1,241,082,789.99 in the previous year[15] - Inventory increased to RMB 533,182,562.27 from RMB 478,174,323.64 year-over-year[15] - Accounts receivable rose to RMB 287,232,551.59 compared to RMB 206,995,599.16 in the previous year[14] Financial Expenses - The company reported a financial expense of ¥8,742,504.67 in the first three quarters of 2025, which is a significant increase from ¥3,179,299.77 in 2024[20]