奋达科技(002681) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥729,603,387.21, a decrease of 22.62% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥4,302,975.15, representing a decline of 106.42% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,721,278.74, down 90.97% from the previous year[4] - The company reported a 15.46% decline in revenue for the first nine months of 2025, totaling ¥1,989,844,859.44, primarily due to decreased sales in audio products and smart wearables[11] - Total operating revenue for the third quarter was CNY 1,989,844,859.44, a decrease of 15.5% compared to CNY 2,353,802,081.28 in the same period last year[20] - Net profit for the period was CNY 7,629,756.28, a significant decline from CNY 141,309,212.63 year-over-year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,582,892,168.27, a decrease of 1.71% from the end of the previous year[4] - The company reported a total asset value of CNY 4,582,892,168.27, a decrease from CNY 4,662,443,344.69[18] - Total liabilities decreased slightly to CNY 2,316,001,371.78 from CNY 2,322,740,729.05[18] - Long-term borrowings increased to CNY 828,607,692.28, up from CNY 525,760,164.81, representing a growth of 57.7%[18] - The company's equity attributable to shareholders decreased to CNY 2,278,258,447.57 from CNY 2,407,901,370.53, a decline of 5.4%[18] Cash Flow - The net cash flow from operating activities for the first nine months was ¥128,405,331.45, down 41.31% year-on-year[13] - Net cash flow from operating activities was CNY 128,405,331.45, a decrease from CNY 218,802,361.80 in the previous period[23] - Cash inflow from investment activities totaled CNY 4,725,658,311.96, compared to CNY 2,195,972,720.46 in the prior period[24] - Net cash flow from financing activities was CNY 119,056,178.63, improving from a negative CNY 37,778,179.40 in the previous period[24] - The company reported a decrease in cash inflow from sales of goods and services, totaling CNY 2,229,248,075.43, down from CNY 2,391,070,419.52[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 224,972[14] - The largest shareholder, Xiao Fen, holds 12.06% of shares, totaling 216,479,527 shares, with 165,733,180 shares pledged[14] - The company has no preferred shareholders or related information regarding preferred stockholders[15] - The number of shareholders with voting rights restored for preferred shares is zero[14] - The company has not reported any changes in the top 10 shareholders due to securities lending or borrowing[15] Inventory and Receivables - Inventory levels rose by 71.41% to ¥430,174,026.38, primarily due to stockpiling for orders from the Vietnam production base[8] - Accounts receivable increased from 489,906,835.76 CNY to 595,395,367.58 CNY, representing an increase of about 21.5%[16] - Inventory rose significantly from 250,965,414.78 CNY to 430,174,026.38 CNY, marking an increase of approximately 71.6%[16] Research and Development - Research and development expenses increased by 23.67% to ¥163,292,571.64, reflecting a focus on new product and AI-related development[11] - Research and development expenses increased to CNY 163,292,571.64, up from CNY 132,040,345.08, indicating a growth of 23.7%[20] Other Financial Metrics - The company recorded an investment income of CNY 6,024,640.90, compared to CNY 4,279,327.08 in the previous year, reflecting an increase of 40.8%[20] - Other comprehensive income after tax was CNY 466,160.16, a recovery from a loss of CNY 7,427,557.21 in the previous year[21] - Total comprehensive income for the period amounted to CNY 8,095,916.44, with a total attributable to the parent company of CNY 13,250,673.04[22] - The company reported basic and diluted earnings per share of CNY 0.0071, down from CNY 0.0848 in the previous period[22]