NEWU(SZ:300472)2025-10-29 13:05Revenue and Profitability - Revenue for Q3 2025 was CNY 62,003,034.67, representing a 13.33% increase year-over-year, but a 75.14% decrease compared to the previous period[5] - Net profit attributable to shareholders was CNY -16,655,422.70, a 43.91% increase year-over-year, and a 40.34% decrease compared to the previous period[5] - Basic and diluted earnings per share were both CNY -0.06, reflecting a 45.45% improvement year-over-year, and a 42.86% decrease compared to the previous period[5] - The company reported a significant decrease in operating income, down 75.14% from CNY 275,280,746.33 in the same period last year[10] - Net loss for Q3 2025 was ¥83,715,107.05, compared to a net loss of ¥61,921,766.71 in the previous year, indicating a worsening of 35.5%[23] - The net profit attributable to the parent company was a loss of ¥81,720,903.16, compared to a loss of ¥58,232,529.66 in the previous period, indicating an increase in losses of approximately 40.4%[24] - The total comprehensive income amounted to a loss of ¥83,715,107.05, compared to a loss of ¥61,921,766.71 in the previous period, reflecting a 35.2% increase in losses[24] - Basic and diluted earnings per share were both reported at -¥0.30, compared to -¥0.21 in the previous period, representing a decline of approximately 42.9%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 982,807,419.25, a decrease of 2.97% from the end of the previous year[5] - Total assets decreased to ¥982,807,419.25 from ¥1,012,848,646.10, a decline of 3.0%[20] - Total liabilities increased to ¥1,063,383,031.97 from ¥1,009,709,151.77, an increase of 5.3%[21] - The company’s equity attributable to shareholders decreased to -¥55,024,801.97 from ¥26,696,101.19, indicating a significant decline in shareholder equity[21] Cash Flow and Expenses - The company recorded a net cash outflow from operating activities of CNY -21,885,671.72, a 82.31% increase in cash outflow compared to the previous period[5] - Cash flow from operating activities showed a net outflow of ¥21,885,671.72, an improvement from a net outflow of ¥123,691,710.55 in the previous period[26] - Cash received from sales of goods and services was ¥32,589,066.84, significantly lower than ¥182,038,710.16 in the previous period, indicating a decrease of approximately 82.1%[25] - The net cash flow from financing activities was ¥19,230,933.12, down from ¥43,337,376.46 in the previous period, reflecting a decrease of about 55.6%[26] - The ending balance of cash and cash equivalents was ¥710,325.65, a significant drop from ¥5,701,587.01 in the previous period, indicating a decrease of approximately 87.5%[27] - The company reported cash outflows from operating activities totaling ¥74,580,917.01, compared to ¥311,062,661.84 in the previous period, showing a reduction of about 76.0%[26] - The cash inflow from investment activities was ¥9,000.00, compared to ¥9,011,277.58 in the previous period, indicating a decrease of approximately 99.9%[26] Research and Development - Research and development expenses decreased by 77.98% to CNY 8,149,283.05, primarily due to reduced personnel and material costs[10] - Research and development expenses for Q3 2025 were ¥8,149,283.05, down 78.0% from ¥37,004,970.87 year-over-year[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,519, with no preferred shareholders having restored voting rights[11] - The largest shareholder, Zhu Yesheng, holds 6.86% of the shares, amounting to 18,896,043 shares, which are currently frozen[11] - The company has no preferred shareholders and no changes in restricted shares during the reporting period[12] - The company’s major shareholders have restored their full shareholder rights after terminating a voting rights delegation agreement[17] Restructuring and Investment - The company has initiated a pre-restructuring process due to an inability to repay debts, with a court decision made on July 4, 2025, to start the pre-restructuring[13] - A total of 21 potential investors have submitted materials for pre-restructuring investment, including 10 industrial investors and 11 financial investors[16] - The company has authorized the temporary administrator to apply for a loan of up to 70 million yuan during the pre-restructuring period to support operations[16] - The company has extended the pre-restructuring investment application deadline to protect the rights of all creditors and investors[14] - The first temporary creditors' meeting is scheduled for October 17, 2025, to discuss the restructuring process[17] Employee Compensation - The company reported a significant increase in employee compensation liabilities, rising to ¥42,881,496.48 from ¥31,496,112.80, an increase of 36.0%[21] Audit Information - The company did not undergo an audit for the third quarter financial report[28]