昱能科技(688348) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥291,927,304.48, a decrease of 53.98% compared to the same period last year[4] - The total profit for the quarter was -¥14,189,504.07, reflecting a decline of 115.79% year-over-year[4] - The net profit attributable to shareholders was -¥12,656,099.13, down 120.53% from the previous year[4] - The basic earnings per share for the quarter was -¥0.08, a decline of 120.00% year-over-year[5] - Total operating revenue for the first three quarters of 2025 was CNY 943,279,795.95, a decrease of 38.5% compared to CNY 1,533,280,889.02 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 51,876,193.44, a decline of 66.6% from CNY 155,210,231.79 in 2024[20] - Earnings per share for the first three quarters of 2025 were CNY 0.43, compared to CNY 0.96 in the same period of 2024[21] - The total comprehensive income for the first three quarters of 2025 was CNY 51,153,550.13, down from CNY 152,755,252.85 in 2024, a decrease of 66.6%[20] Research and Development - Research and development expenses totaled ¥31,265,687.56, accounting for 10.71% of operating revenue, an increase of 5.91 percentage points year-over-year[5] - Research and development expenses for the first three quarters of 2025 were CNY 89,927,928.41, slightly up from CNY 87,041,877.54 in 2024[19] - The company increased its R&D and market investment despite the decline in revenue, contributing to the significant drop in net profit[9] Cash Flow and Assets - The net cash flow from operating activities was not applicable for the quarter, but for the year-to-date, it was ¥15,264,246.20, a decrease of 97.54%[4] - Total current assets as of September 30, 2025, amount to ¥3,540,809,514.85, a decrease from ¥3,768,536,111.69 as of December 31, 2024[15] - Cash and cash equivalents decreased to ¥546,845,978.85 from ¥941,137,361.03[15] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 15,264,246.20, significantly down from CNY 619,530,059.41 in 2024[22] - The total cash and cash equivalents at the end of the third quarter of 2025 were CNY 512,542,478.28, a decrease from CNY 985,856,746.93 at the end of 2024[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,810[11] - The largest shareholder, Ling Zhimin, holds 14.54% of shares, totaling 22,721,373 shares[12] - The second-largest shareholder, Tiantong Gaoxin Group Co., Ltd., holds 13.76% of shares, totaling 21,500,689 shares, with 6,380,000 shares pledged[12] - The company has a repurchase account holding 1,743,788 shares, representing 1.12% of total share capital[12] - The company has no significant changes in the participation of major shareholders in securities lending or margin trading[13] Liabilities and Equity - Total liabilities decreased to CNY 903,958,576.98 in 2025 from CNY 968,764,195.12 in 2024, reflecting a reduction of 6.7%[17] - Total equity attributable to shareholders increased to CNY 3,621,961,065.20 in 2025 from CNY 3,604,389,301.78 in 2024, a growth of 0.5%[17] Operating Costs and Income - Total operating costs for the first three quarters of 2025 were CNY 851,501,263.67, down 33.4% from CNY 1,278,388,673.07 in 2024[19] - Other income increased significantly to CNY 18,595,521.52 in 2025 from CNY 2,400,466.45 in 2024[19] - Financial expenses showed a notable change, with a net income of CNY -86,853,034.90 in 2025 compared to CNY -2,991,373.93 in 2024[19] Cash Flow from Activities - In the first three quarters of 2025, the cash inflow from operating activities was CNY 1,263,667,772.89, a decrease of 22.1% compared to CNY 1,623,253,879.37 in the same period of 2024[22] - Investment cash inflows totaled CNY 2,834,436,634.58 in the first three quarters of 2025, compared to CNY 2,176,007,999.77 in 2024, marking an increase of 30.2%[23] - The net cash flow from investment activities was negative at CNY -304,716,831.89 for the first three quarters of 2025, worsening from CNY -153,427,027.98 in 2024[23] - Cash inflows from financing activities were CNY 288,977,210.53 in 2025, down 50.8% from CNY 586,795,790.00 in 2024[23] - The net cash flow from financing activities was CNY -127,394,915.86 in 2025, an improvement from CNY -426,996,928.89 in 2024[23] - The company received CNY 51,129,759.77 in tax refunds during the first three quarters of 2025, down from CNY 66,618,674.02 in 2024[22] - The cash paid for purchasing goods and services increased to CNY 941,273,591.92 in 2025, up from CNY 679,451,795.22 in 2024, reflecting a rise of 38.5%[22] - The company reported a cash outflow of CNY 416,372,126.39 from financing activities in 2025, compared to CNY 1,013,792,718.89 in 2024, indicating a reduction of 59.0%[23]