芯源微(688037) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥281,147,583.44, a decrease of 31.59% compared to the same period last year[3] - The total profit for the period was -¥41,653,981.97, reflecting a decline of 229.84% year-on-year[3] - The net profit attributable to shareholders was -¥25,973,391.12, down 182.46% from the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥44,150,465.23, a decrease of 1,134.04% year-on-year[3] - Total operating revenue for the first three quarters of 2025 was ¥990,266,469.06, a decrease of 10.3% compared to ¥1,104,608,445.34 in the same period of 2024[17] - Operating profit for the first three quarters of 2025 was a loss of ¥23,858,997.60, compared to a profit of ¥118,514,600.61 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was a loss of ¥26,210,297.27, compared to a profit of ¥105,025,056.60 in the same period of 2024[18] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.05, compared to ¥0.54 in the same period of 2024[18] Assets and Liabilities - The total assets at the end of the period were ¥6,258,986,995.49, an increase of 11.83% compared to the end of the previous year[4] - Current assets totaled 4,801,545,038.12 RMB, an increase from 4,264,339,986.01 RMB in the previous period[13] - Total assets increased to ¥6,258,986,995.49, up from ¥5,596,873,243.71 year-over-year[15] - Total liabilities rose to ¥3,427,981,069.85, compared to ¥2,777,096,754.40 in the previous year[15] - Total equity increased slightly to ¥2,831,005,925.64 from ¥2,819,776,489.31 year-over-year[15] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥232,242,267.08, a decrease of 222.38% year-on-year[3] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 1,650,674,980.90, an increase of 9.0% compared to CNY 1,514,663,969.07 in the same period of 2024[20] - The net cash flow from operating activities turned negative at CNY -232,242,267.08 in 2025, compared to a positive CNY 189,777,797.60 in 2024[20] - Cash inflow from investment activities reached CNY 3,114,868,279.85, up from CNY 2,495,399,433.87 in 2024, marking a significant increase of 24.8%[21] - The net cash flow from investment activities was CNY -167,886,697.53 in 2025, worsening from CNY -86,512,079.69 in 2024[21] - Cash inflow from financing activities decreased to CNY 403,496,123.58 in 2025, down 46.0% from CNY 746,123,150.24 in 2024[21] - The net cash flow from financing activities was CNY 185,904,052.55 in 2025, compared to CNY 336,405,710.70 in 2024, reflecting a decline of 44.7%[21] - The ending cash and cash equivalents balance decreased to CNY 1,298,099,988.57 in 2025 from CNY 1,102,617,645.66 in 2024, indicating a reduction of 15.5%[21] Expenses - Research and development expenses amounted to ¥55,701,776.95, representing 19.81% of operating revenue, an increase of 1.59 percentage points[4] - Research and development expenses for the first three quarters of 2025 were ¥187,767,709.43, a slight decrease from ¥191,903,421.65 in the same period of 2024[17] - The company experienced a significant increase in management and sales expenses due to employee growth, impacting overall profitability[8] Shareholder Information - Total number of common shareholders at the end of the reporting period was 15,960[11] - The largest shareholder, Northern Huachuang Technology Group, holds 35,964,665 shares, representing 17.84% of total shares[11] - The company has no significant changes in the top 10 shareholders due to margin trading[12] - The company has not disclosed any related party transactions among shareholders[12] Other Information - The company has not reported any significant new strategies or product developments during the period[13] - Other income for the first three quarters of 2025 was ¥130,570,465.17, down from ¥145,706,630.99 year-over-year[17] - The company reported a decrease in tax refunds received, totaling CNY 41,340,096.74 in 2025, down from CNY 75,032,668.98 in 2024[20]