苏州科达(603660) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥266,106,491.97, a decrease of 16.90% compared to the same period last year[3] - The total profit for the period was -¥132,863,684.64, with a year-to-date total profit of -¥351,385,814.25[3] - The net profit attributable to shareholders was -¥134,380,931.48 for the quarter, and -¥351,238,284.64 year-to-date, indicating significant losses[3] - The basic earnings per share for the quarter was -¥0.2420, and -¥0.6325 year-to-date[4] - The company reported a 39.83% decrease in total profit for the quarter due to a decline in operating revenue[8] - Net profit for the first three quarters of 2025 was reported at -¥351,407,328.34, compared to -¥353,728,456.42 in the same period of 2024, indicating a slight improvement in losses[22] - The company reported a basic and diluted earnings per share of -¥0.6325 for the first three quarters of 2025, compared to -¥0.7080 in the same period of 2024, indicating a slight improvement[23] Assets and Liabilities - Total assets decreased by 6.39% from the end of the previous year, amounting to ¥2,123,512,020.39[4] - As of September 30, 2025, the company's total assets amounted to RMB 2,123,512,020.39, a decrease from RMB 2,268,367,958.48 as of December 31, 2024, reflecting a decline of approximately 6.4%[16] - The company's cash and cash equivalents were RMB 220,107,337.02, down from RMB 416,713,034.61 at the end of 2024, indicating a decrease of about 47.3%[16] - The total current liabilities increased to RMB 275,000,000.00 from RMB 190,125,277.78, representing an increase of approximately 44.7%[17] - The total liabilities increased to ¥1,274,638,569.51 from ¥1,188,702,797.82, showing an increase of approximately 7.2%[19] - The total equity attributable to shareholders decreased to ¥844,792,961.92 from ¥1,076,265,628.01, a decline of about 21.5%[19] Cash Flow - The net cash flow from operating activities for the quarter was -¥8,038,321.80, with a year-to-date total of -¥230,360,239.72[3] - The company experienced a 41.24% increase in net cash flow from operating activities for the quarter, attributed to effective cost reductions and improved inventory management[9] - Cash inflow from operating activities totaled ¥842,890,241.81, a decrease from ¥925,484,378.17 in the previous year, representing a decline of about 8.9%[26] - The net cash flow from operating activities was -230,360,239.72, a decrease from -427,967,091.97 in the previous period, indicating a significant improvement[27] - Total cash outflow from operating activities amounted to 1,073,250,481.53, down from 1,353,451,470.14, reflecting a reduction in operational expenses[27] - Cash inflow from financing activities was 111,069,947.20, a recovery from a negative cash flow of -209,894,516.37 in the previous period, indicating improved financing conditions[27] - Total cash inflow from financing activities was 291,875,000.00, while cash outflow totaled 180,805,052.80, resulting in a net inflow[27] Investments and Subsidiaries - The company converted RMB 118,461,000 of "Keda Convertible Bonds" into 18,567,080 shares, which is about 3.75726% of the total shares outstanding prior to conversion[14] - The company has a remaining amount of RMB 152,861,000 in "Keda Convertible Bonds," which constitutes 29.62% of the total issued convertible bonds[14] - The company established a new subsidiary, Beijing Xinghua Keda Technology Co., Ltd., with a registered capital of RMB 5 million, in which it holds a 10% equity stake[15] - The company's long-term equity investments decreased to RMB 8,051,031.52 from RMB 11,057,560.05, indicating a decline of about 27.2%[17] Operational Efficiency - Total operating costs decreased to ¥1,132,464,560.00 from ¥1,148,310,585.53, marking a reduction of about 1.4%[21] - Research and development expenses for the first three quarters of 2025 were ¥335,295,685.51, down from ¥358,859,664.12 in 2024, reflecting a decrease of approximately 6.6%[21] - Cash paid to employees was 593,599,285.09, a decrease from 754,858,250.49, suggesting cost-cutting measures[27] - Cash paid for taxes was 93,273,264.00, slightly down from 98,619,260.70, indicating stable tax obligations[27] - The cash outflow for purchasing goods and services was ¥231,237,739.15, down from ¥294,885,187.36 in the previous year, reflecting a decrease of approximately 21.5%[26] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[29]