RocKontrol(SH:688051)2025-10-30 08:40Financial Performance - The company's operating revenue for Q3 2025 was CNY 56.16 million, a decrease of 6.21% compared to the same period last year, and a year-to-date revenue of CNY 165.59 million, down 30.72% year-on-year[3]. - The total profit for Q3 2025 was CNY -27.90 million, with a year-to-date total profit of CNY -70.70 million, indicating significant losses[3]. - The net profit attributable to shareholders for Q3 2025 was CNY -26.36 million, with a year-to-date net profit of CNY -67.24 million, reflecting ongoing financial challenges[3]. - The basic earnings per share for Q3 2025 was CNY -0.34, with a year-to-date figure of CNY -0.87, indicating a decline in shareholder value[3]. - Net loss for the first three quarters of 2025 was CNY 70,828,474.05, compared to a net loss of CNY 30,497,656.29 in 2024, indicating a significant increase in losses[18]. - The company reported a basic earnings per share of -0.87 for the first three quarters of 2025, compared to -0.41 in the same period of 2024[19]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY -40.98 million year-to-date, highlighting cash flow issues[3]. - The company's cash inflow from operating activities for the first three quarters of 2025 was CNY 172,632,764.88, down from CNY 232,346,936.45 in 2024, representing a decline of 25.7%[21]. - The net cash flow from operating activities was -$40,982,105.26, a decrease from -$12,038,925.00 in the previous period, indicating a worsening operational cash flow situation[22]. - The ending cash and cash equivalents balance was $50,357,150.72, down from $111,748,484.53, reflecting a significant decrease in liquidity[24]. Assets and Liabilities - The company's total assets at the end of Q3 2025 were CNY 950.60 million, a decrease of 7.38% from the end of the previous year[4]. - The total liabilities of the company as of the reporting date were CNY 299,831,418.80, compared to CNY 314,527,617.77 in the previous year, showing a reduction of 4.5%[15]. - The total equity attributable to shareholders of the parent company decreased to CNY 652,625,595.97 from CNY 719,863,453.46, reflecting a decline of 9.3%[15]. - Total current assets as of September 30, 2025, amount to ¥515,615,574.82, a decrease from ¥575,350,117.74 as of December 31, 2024[13]. - Non-current assets total ¥434,980,947.14, down from ¥450,971,077.24[13]. Research and Development - Research and development (R&D) expenses totaled CNY 12.15 million in Q3 2025, accounting for 21.64% of operating revenue, an increase of 1.34 percentage points year-on-year[4]. - Research and development expenses for the first three quarters of 2025 were CNY 28,479,158.25, a decrease of 21.4% from CNY 36,199,922.79 in 2024[17]. Market Conditions - The company faced intensified market competition and reduced customer budgets, leading to a cautious approach in business development and a decrease in overall demand[8]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 4,397[10]. - The largest shareholder, Shanghai Baiyu Information Technology Co., Ltd., holds 31.63% of shares[11]. - The second largest shareholder, Li Wei, holds 15.63% of shares[11]. - The company has not reported any significant changes in shareholder relationships or agreements[11]. Non-Recurring Items - Non-recurring gains and losses for the period totaled CNY 171.63 million, with significant contributions from government subsidies and other non-operating income[6].