Flying Technology(SH:603488)2025-10-30 08:30Financial Performance - The company's operating revenue for Q3 2025 was ¥88,571,378.67, a decrease of 1.71% compared to the same period last year[6]. - The total profit for the year-to-date period was -¥93,477,327.82, reflecting a significant decline[6]. - The net profit attributable to shareholders for the year-to-date period was -¥54,368,482.66, indicating a substantial loss[6]. - The basic earnings per share for Q3 2025 was -¥0.06, unchanged from the previous year[7]. - Total operating revenue for the first three quarters of 2025 was ¥226,386,458.57, a decrease of 4.8% compared to ¥236,735,196.74 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was a loss of ¥81,764,968.83, compared to a loss of ¥19,127,236.53 in the same period of 2024, representing a deterioration of 327.5%[20]. - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.19, compared to -¥0.05 in the same period of 2024[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,515,206,777.98, down 5.54% from the end of the previous year[7]. - Total assets as of September 30, 2025, amounted to CNY 1,515,206,777.98, a decrease from CNY 1,604,030,568.64 as of December 31, 2024[15]. - Current assets totaled CNY 838,575,859.66, down from CNY 947,889,566.93 in the previous year[15]. - Total liabilities increased to CNY 512,687,419.08 from CNY 495,080,870.37[16]. - Total equity decreased to CNY 1,002,519,358.90 from CNY 1,108,949,698.27[16]. Cash Flow - The cash flow from operating activities for the year-to-date period was -¥36,938,575.39, indicating cash outflow[6]. - Cash flow from operating activities showed a net outflow of ¥36,938,575.39, worsening from a net outflow of ¥11,222,359.58 in the same period last year[22]. - Net cash flow from investment activities was $9.83 million, a significant improvement from a net outflow of $58.29 million in the previous period[23]. - Cash flow from financing activities showed a net outflow of $40.87 million, contrasting with a net inflow of $118.75 million in the previous year[23]. - The ending balance of cash and cash equivalents was $90.12 million, down from $123.91 million, reflecting a decrease of approximately 27%[23]. - The company reported a cash and cash equivalents net decrease of $67.98 million compared to an increase of $49.23 million in the prior period[23]. Expenses - Total operating costs increased significantly to ¥325,586,827.28, up 25.5% from ¥259,451,926.38 year-over-year[19]. - Research and development expenses rose to ¥23,824,913.26, an increase of 74.8% from ¥13,624,042.70 in the previous year[19]. - Sales expenses surged to ¥20,602,950.34, an increase of 124.5% from ¥9,176,516.29 year-over-year[19]. - Management expenses increased to ¥50,602,649.53, up 52.5% from ¥33,212,040.97 in the previous year[19]. Profitability and Returns - The company reported a significant decline in total profit for the year-to-date period of -316.72% due to decreased sales prices in the elevator business[10]. - The net profit attributable to shareholders for the year-to-date period saw a decline of -298.14%, primarily due to fewer project acceptances in the military simulation business[10]. - The weighted average return on net assets for the year-to-date period was -5.79%, reflecting a decrease of 325.74% compared to the previous year[11]. Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[14]. - The company did not apply new accounting standards starting from 2025[24]. - The announcement was made by the board of directors of 展鹏科技股份有限公司 on October 30, 2025[25].