WLGF(SH:603779)2025-10-30 09:45Financial Performance - The company's operating revenue for Q3 2025 was ¥63,959,844.34, a decrease of 23.14% compared to the same period last year[3] - The total profit for the period was -¥8,491,551.60, representing a decline of 109.06% year-on-year[5] - The net profit attributable to shareholders was -¥9,147,142.93, down 78.26% from the previous year[3] - Total operating revenue for the first three quarters of 2025 was CNY 251,005,124.48, a decrease of 17.5% compared to CNY 303,975,000.03 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was a loss of CNY 11,548,898.50, compared to a profit of CNY 4,317,640.78 in the same period of 2024[18] - The total comprehensive income attributable to the parent company for the current period was -CNY 3,471,804.28, compared to CNY 4,643,359.23 in the previous period, reflecting a significant decline[19] - Basic and diluted earnings per share for the current period were both -CNY 0.03, compared to CNY 0.01 in the same period last year[19] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was -¥29,740,381.66, a decrease of 383.30%[4] - The total cash inflow from operating activities for the first three quarters of 2025 was CNY 199,789,236.69, a decrease of 17.06% compared to CNY 240,993,689.45 in the same period of 2024[21] - The net cash flow from operating activities for the first three quarters of 2025 was -CNY 29,740,381.66, compared to -CNY 6,153,639.27 in the previous year, indicating a worsening performance[22] - The cash and cash equivalents at the end of the period were CNY 15,113,912.11, a decrease of 59.93% from CNY 37,643,637.17 at the end of the previous year[22] - The cash outflow from operating activities totaled CNY 229,529,618.35, down 7.11% from CNY 247,147,328.72 in the previous year[22] - The cash inflow from investment activities was CNY 88,500.00, compared to -CNY 400,819.43 in the same period of 2024, indicating a recovery in this area[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,049,045,107.78, a decrease of 2.94% from the previous year-end[4] - The company's total assets as of September 30, 2025, were CNY 1,049,045,107.78, a decrease from CNY 1,080,802,327.61 at the end of 2024[12] - Current assets totaled CNY 531,288,937.32 as of September 30, 2025, down from CNY 537,828,234.13 at the end of 2024[12] - Total liabilities decreased to CNY 501,858,116.48 as of September 30, 2025, from CNY 527,154,778.97 at the end of 2024[14] Shareholder Information - The company had a total of 25,495 common shareholders at the end of the reporting period[9] - The largest shareholder, Xinghe Xirang (Zhejiang) Smart Technology Co., Ltd., held 18.84% of the shares[9] Expenses - Total operating costs for the first three quarters of 2025 were CNY 252,730,902.44, down from CNY 293,567,460.22 in 2024, reflecting a reduction of 13.9%[17] - The company reported a significant increase in financial expenses, totaling CNY 9,963,142.59 in the first three quarters of 2025, compared to CNY 14,231,358.26 in 2024[18] - Research and development expenses for the first three quarters of 2025 were CNY 1,571,706.71, compared to CNY 1,472,721.32 in the same period of 2024, indicating a slight increase[18] Non-Recurring Items - Non-recurring gains and losses for the current period amounted to ¥70,242.37, with significant contributions from government subsidies[6]