Wayzim(SH:688211)2025-10-30 10:25Financial Performance - The company's operating revenue for the third quarter was ¥224,986,946.62, a decrease of 50.83% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥117,165,301.92, with a year-to-date net profit of -¥179,646,146.28, indicating significant losses[3]. - The company experienced a year-to-date revenue decline of 31.86%, primarily due to reduced project acceptance[9]. - Total revenue for the first three quarters of 2025 was CNY 1,227,032,177.75, a decrease of 31.8% compared to CNY 1,800,821,114.20 in the same period of 2024[17]. - The net profit for the first three quarters of 2025 was a loss of CNY 179,646,156.73, compared to a loss of CNY 11,891,619.65 in the same period of 2024, indicating a significant increase in losses[18]. - The basic and diluted earnings per share were both -¥0.92, reflecting ongoing financial challenges[3]. - The company reported a basic and diluted earnings per share of CNY -1.41 for the first three quarters of 2025, compared to CNY -0.09 in the same period of 2024[18]. - Operating profit for the first three quarters of 2025 was a loss of CNY 116,018,049.31, compared to a profit of CNY 4,695,971.79 in the first three quarters of 2024[25]. - Net profit for the first three quarters of 2025 was a loss of CNY 125,339,222.23, compared to a profit of CNY 13,859,980.73 in the same period of 2024[25]. Cash Flow - The net cash flow from operating activities was ¥4,086,091.09, down 98.00% year-on-year, reflecting increased cash payments for goods and services[3][9]. - Cash flow from operating activities generated a net amount of CNY 60,902,686.07 in the first three quarters of 2025, down from CNY 357,726,087.67 in 2024[19]. - Cash flow from investing activities showed a net inflow of CNY 98,942,666.57 in 2025, contrasting with a net outflow of CNY 95,946,093.50 in 2024[20]. - Net cash flow from operating activities was -$422,246,227.60, compared to a positive $191,320,689.64 last year[29]. - Total cash outflow for operating activities was $2,619,865,293.76, compared to $1,649,881,765.92 in the previous period[29]. - Cash paid for purchasing goods and services was $1,754,695,087.65, an increase from $1,274,854,879.57[29]. Assets and Liabilities - Total assets increased by 12.47% to ¥6,962,848,849.26 compared to the end of the previous year[4]. - The total assets increased to CNY 6,962,848,849.26 in 2025 from CNY 6,191,104,639.26 in 2024, marking a growth of 12.5%[15]. - Total liabilities rose to CNY 3,585,478,290.44 in 2025, compared to CNY 2,646,792,472.59 in 2024, reflecting an increase of 35.4%[15]. - Total liabilities as of September 30, 2025, were CNY 2,904,264,162.92, compared to CNY 2,072,267,653.37 as of December 31, 2024[23]. - Current assets totaled CNY 4,905,770,582.74 as of September 30, 2025, up from CNY 4,160,677,379.54 as of December 31, 2024[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,458[11]. - The largest shareholder, Wuxi Weiziyuan Investment, holds 27 million shares, representing 20.52% of total shares[11]. - The company has not disclosed any changes in the top 10 shareholders due to margin trading activities[13]. - The company has not identified any related party relationships among the other shareholders listed[12]. Research and Development - Research and development expenses totaled ¥36,704,821.89, accounting for 16.31% of operating revenue, an increase of 8.56 percentage points year-on-year[4]. - Research and development expenses for the first three quarters of 2025 were CNY 100,471,481.47, a decrease from CNY 116,337,390.14 in 2024, indicating a reduction of 13.6%[17]. - The company reported a decrease in research and development expenses to CNY 96,912,660.30 in the first three quarters of 2025, down from CNY 107,112,558.06 in the same period of 2024[25]. Inventory and Receivables - The total inventory increased to approximately ¥2.18 billion, compared to ¥1.70 billion, marking a rise of 28.1%[14]. - The company reported an increase in accounts receivable to approximately ¥547.19 million from ¥499.27 million, an increase of 9.6%[14]. - The total amount of long-term receivables increased to approximately ¥42.50 million from ¥37.70 million, a growth of 12.3%[14]. - Inventory as of September 30, 2025, was CNY 1,973,076,140.84, an increase of 26.4% from CNY 1,558,780,974.66 as of December 31, 2024[22].