MACMIC(SH:688711)2025-10-30 08:10Financial Performance - The company's operating revenue for the third quarter was ¥302,867,994.91, a decrease of 11.72% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥2,387,453.12, an increase of 56.37% year-on-year[3]. - The net profit after deducting non-recurring gains and losses for the period was ¥257,323.20, with no applicable comparison due to significant changes in government subsidies received[3][10]. - The basic earnings per share for the third quarter was ¥0.0112, reflecting a 55.56% increase compared to the same period last year[4][10]. - The company experienced a 32.78% increase in net profit attributable to shareholders for the year-to-date, driven by improved gross margins[8]. - The net profit for the first three quarters of 2025 was CNY 4,797,535.92, compared to a net loss of CNY 342,546.75 in the same period of 2024, showing a significant turnaround[25]. - The net profit attributable to the parent company for the current period is 5,068,955.39 RMB, compared to 4,040,908.29 RMB in the previous period, representing an increase of approximately 25.4%[26]. - The total comprehensive income for the current period is 4,501,000.25 RMB, compared to -342,546.75 RMB in the previous period, marking a significant turnaround[26]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥42,238,470.79, down 44.47% compared to the previous year[3][10]. - The net cash flow from operating activities for the current period is 42,238,470.79 RMB, down from 76,059,434.57 RMB in the previous period, reflecting a decrease of approximately 44.5%[30]. - The net cash flow from investing activities is -131,452,334.93 RMB, compared to -126,208,242.74 RMB in the previous period, showing a slight increase in cash outflow[31]. - The net cash flow from financing activities is -12,012,235.16 RMB, an improvement from -19,421,400.78 RMB in the previous period, indicating a reduction in cash outflow by approximately 38.5%[31]. - The cash and cash equivalents at the end of the period stand at 92,130,982.81 RMB, down from 117,472,317.14 RMB at the end of the previous period, a decrease of approximately 21.5%[31]. - The company received cash from sales of goods and services amounting to 679,692,925.48 RMB, slightly up from 678,209,007.49 RMB in the previous period, indicating a marginal growth[30]. - The company paid 454,716,838.82 RMB for the purchase of goods and services, an increase from 444,304,761.88 RMB in the previous period, reflecting a rise of approximately 2.9%[30]. - The company reported a decrease in other cash received related to operating activities, totaling 2,765,701.12 RMB, down from 17,057,326.27 RMB in the previous period, indicating a decline of approximately 83.8%[30]. Research and Development - Research and development expenses totaled ¥28,945,441.56, a decrease of 9.75% year-on-year, while the R&D expense ratio to operating revenue increased to 9.56%[4]. - Research and development expenses for the first three quarters of 2025 were CNY 87,511,513.70, slightly up from CNY 85,981,821.43 in the same period of 2024, indicating a growth of approximately 1.8%[25]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 12,586[12]. - The largest shareholder, Zhao Shanqi, holds 37,783,038 shares, representing 17.73% of the total shares[12]. - The top ten shareholders hold a significant portion of the shares, with the top five alone accounting for over 40% of the total shares[12]. - The company has not reported any changes in the shareholding structure due to the transfer and lending of shares[16]. - The company has not disclosed any related party transactions among the top shareholders[16]. Share Repurchase - The company plans to repurchase shares with a total amount not less than RMB 25 million and not exceeding RMB 50 million, with a maximum repurchase price of RMB 30.12 per share[17]. - As of September 30, 2025, the company has repurchased a total of 1.3132 million shares, accounting for 0.6163% of the total share capital, with an average repurchase price of RMB 17.53 per share[18]. - The total amount paid for the repurchased shares was RMB 23.0156 million, excluding transaction fees[18]. - The highest repurchase price recorded was RMB 26.53 per share, while the lowest was RMB 13.00 per share[18]. - The company has a share buyback plan in place to support employee stock ownership plans or convertible bonds[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,565,030,143.70, a decrease of 1.40% from the end of the previous year[4]. - The company's total assets as of September 30, 2025, amounted to CNY 2,565,030,143.70, slightly down from CNY 2,601,502,300.71 at the end of 2024[22]. - Current assets totaled CNY 1,220,575,738.03 as of September 30, 2025, compared to CNY 1,282,510,899.97 at the end of 2024, reflecting a decrease of approximately 4.8%[21]. - The company's total liabilities decreased to CNY 1,480,586,105.96 as of September 30, 2025, from CNY 1,523,923,995.00 at the end of 2024, a reduction of about 2.8%[22]. - The company's cash and cash equivalents decreased to CNY 106,485,020.60 as of September 30, 2025, from CNY 225,552,894.42 at the end of 2024, a decline of about 52.8%[20]. - The inventory level increased to CNY 419,408,075.88 as of September 30, 2025, compared to CNY 404,636,260.31 at the end of 2024, representing an increase of approximately 3.6%[20]. - The company's long-term equity investments stood at CNY 15,082,287.78 as of September 30, 2025, with no prior figure reported for the end of 2024[21].