Sinocat(SH:688737)2025-10-30 08:35Financial Performance - The company's operating revenue for the third quarter was ¥410,401,806.36, representing a year-on-year increase of 28.92%[4] - The total profit for the period was -¥21,263,846.63, with a year-to-date total profit of -¥37,863,402.50[4] - The net profit attributable to shareholders was -¥15,030,501.22 for the quarter, and -¥26,950,243.01 year-to-date[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,190,788,615.18, an increase of 12.6% compared to ¥1,057,024,115.62 in the same period of 2024[18] - Net loss for the first three quarters of 2025 was ¥25,629,458.84, compared to a net loss of ¥12,836,254.44 in the same period of 2024, indicating an increase in losses[19] - The total comprehensive loss for the first three quarters of 2025 was ¥25,581,200.40, compared to a loss of ¥12,836,254.44 in 2024, indicating a worsening financial position[20] Research and Development - Research and development expenses for the quarter amounted to ¥38,696,959.21, an increase of 60.66% compared to the same period last year, and accounted for 9.43% of operating revenue[5] - Research and development expenses increased to ¥96,295,951.96 in 2025 from ¥69,194,145.14 in 2024, representing a growth of 39.2%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,391,781,078.42, reflecting a 17.93% increase from the end of the previous year[5] - The company's total assets as of the latest reporting period amounted to ¥3,391,781,078.42, compared to ¥2,876,111,923.70 in the previous year, marking an increase of 17.8%[16] - Total liabilities increased to ¥1,572,132,344.69 from ¥1,030,882,573.12, reflecting a growth of 52.5%[16] - The total equity attributable to shareholders decreased to ¥1,798,985,385.41 from ¥1,825,886,786.43, a decline of 1.5%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,272[10] - The largest shareholder, Chen Qizhang, holds 39,008,704 shares, representing 32.63% of the total shares[11] - The second largest shareholder, Nanjing Yinanling Ying New Energy Industry Investment Fund, holds 7,648,785 shares, accounting for 6.40%[11] - The company has no known related party transactions among the top shareholders, except for some identified as acting in concert[12] - There are no changes in the shareholding status of the top 10 shareholders due to margin trading or securities lending[12] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥320,883,807.56, showing a significant decline of 1,309.22%[8] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 682,929,080.54, a decrease of 12.2% compared to CNY 777,720,339.24 in the same period of 2024[21] - The net cash flow from operating activities was negative at CNY -320,883,807.56, contrasting with a positive CNY 26,536,464.75 in the first three quarters of 2024[22] - Cash inflow from financing activities increased to CNY 630,000,000.00, compared to CNY 199,876,111.11 in the same period of 2024[22] - The net cash flow from financing activities was CNY 390,680,247.03, a significant increase from CNY 24,224,189.21 in the previous year[22] - The ending cash and cash equivalents balance rose to CNY 139,709,977.55, compared to CNY 27,449,269.47 at the end of the same period in 2024[22] Expenses - The basic earnings per share for the quarter was -¥0.13, and -¥0.23 year-to-date[5] - The company reported a significant increase in sales expenses, which rose to ¥39,739,668.14 from ¥21,395,364.64, an increase of 85.8%[19] - The company reported a cash outflow for employee compensation of CNY 95,543,693.67, which is an increase of 29% from CNY 74,128,941.26 in the previous year[22]