碧兴物联(688671) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥73,616,485.10, an increase of 16.20% compared to the same period last year[3] - The total profit for the third quarter was -¥20,934,214.03, with a year-to-date total profit of -¥50,612,622.58[3] - The net profit attributable to shareholders for the third quarter was -¥16,402,645.06, and the year-to-date net profit was -¥40,315,891.33[3] - Total operating revenue for the first three quarters of 2025 reached ¥184,921,572.80, an increase of 13.1% compared to ¥163,483,319.65 in the same period of 2024[17] - Net loss for the first three quarters of 2025 was ¥40,149,370.62, compared to a net loss of ¥11,011,109.30 in the same period of 2024, representing a significant increase in losses[18] - The company's operating profit for the first three quarters of 2025 was -¥50,241,269.26, worsening from -¥17,074,523.75 in the first three quarters of 2024[17] - The total comprehensive loss for the first three quarters of 2025 was -¥40,149,370.62, compared to -¥11,011,109.30 in the same period of 2024, indicating a worsening financial position[18] Research and Development - Research and development expenses totaled ¥13,112,046.93 for the quarter, representing 17.81% of operating revenue, an increase of 0.34 percentage points year-on-year[4] - Research and development expenses increased to ¥35,082,805.83 in the first three quarters of 2025, compared to ¥29,023,590.23 in the same period of 2024, reflecting a 20.9% increase[17] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,336,222,375.36, a decrease of 3.28% from the end of the previous year[4] - The total current assets decreased to 1.26 billion RMB from 1.30 billion RMB as of December 31, 2024[14] - The company's accounts receivable stood at 225.73 million RMB, slightly down from 238.48 million RMB[13] - The inventory increased to 246.42 million RMB compared to 224.52 million RMB at the end of 2024[13] - The total assets decreased to 1.34 billion RMB from 1.38 billion RMB as of December 31, 2024[14] - The company's long-term equity investments decreased to 1.17 million RMB from 1.82 million RMB[14] - The company's accounts payable increased to 84.35 million RMB from 81.77 million RMB[14] - The company reported a decrease in total non-current assets to 79.29 million RMB from 81.63 million RMB[14] - The total liabilities decreased to ¥267,331,648.95 in the latest reporting period from ¥275,760,972.72 in the previous year[15] - The total equity attributable to shareholders decreased to ¥1,063,702,995.68 from ¥1,100,787,802.55 year-over-year[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥47,036,843.25, reflecting a significant decline of 128.79%[3] - Cash received from sales of goods and services was ¥224,480,049.81 in the first three quarters of 2025, compared to ¥212,021,789.64 in the same period of 2024, indicating a growth in cash flow from operations[21] - Net cash flow from operating activities was -47,036,843.25, a significant decrease compared to 163,401,124.64 in the previous period[22] - Total cash inflow from investment activities was 1,614,489,632.02, while cash outflow was 1,745,495,575.37, resulting in a net cash flow of -131,005,943.35[22] - Cash inflow from financing activities totaled 50,784,361.11, while cash outflow was 151,295,739.19, leading to a net cash flow of -4,680,993.21[23] - The ending balance of cash and cash equivalents was 196,835,355.20, down from 379,559,135.01 at the beginning of the period[23] - Cash received from other operating activities amounted to 31,536,881.64, compared to 227,803,481.17 in the previous period[22] - Cash paid for purchasing goods and services was 159,243,844.01, an increase from 142,392,250.45 in the previous period[22] - Cash received from investment activities related to other sources was 1,614,265,968.56, compared to 1,953,331,788.19 previously[22] - Cash paid for other investment activities was 1,744,800,000.00, down from 2,016,860,000.00 in the previous period[22] - Cash received from tax refunds was 607,021.38, compared to 2,144,952.57 in the previous period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,182[10] Equipment Returns - The company expects to incur a total of 131 equipment returns, impacting revenue by -14.2743 million RMB and net profit by -6.6424 million RMB[12] Accounting Standards - The company will not apply new accounting standards starting from 2025[24]