青云科技(688316) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥64,759,302.23, a decrease of 6.79% compared to the same period last year[4] - Year-to-date revenue reached ¥164,871,507.47, reflecting a decline of 22.83% year-over-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 164,871,507.47, a decrease of 22.8% compared to CNY 213,637,495.55 in the same period of 2024[20] - Total operating costs for the first three quarters of 2025 were CNY 218,287,478.62, down from CNY 285,590,476.72 in 2024, reflecting a reduction of 23.5%[20] - Net profit for the first three quarters of 2025 was a loss of CNY 49,642,549.24, an improvement from a loss of CNY 65,738,288.41 in the same period of 2024[22] - The total profit for the period was -¥8,239,298.38, with a net profit attributable to shareholders of -¥8,425,525.53[4] Earnings and Shares - The basic and diluted earnings per share for the quarter were both -¥0.18, with year-to-date figures at -¥1.05[5] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -1.05, compared to CNY -1.31 in 2024[22] - The total number of ordinary shares at the end of the reporting period is 11,101[12] - The largest shareholder, Huang Yunsong, holds 6,709,835 shares, representing 14.01% of the total shares[12] Assets and Liabilities - The total assets at the end of the reporting period were ¥392,626,802.53, down 31.96% from the previous year[4] - Total current assets decreased to ¥192,333,242.48 from ¥347,421,543.87[16] - Non-current assets total ¥200,293,560.05, down from ¥229,634,045.49[16] - Total assets amount to ¥392,626,802.53, a decline from ¥577,055,589.36[16] - Total liabilities decreased to CNY 340,908,421.42 in 2025 from CNY 489,735,448.92 in 2024, a reduction of 30.4%[18] - The company's total equity attributable to shareholders was CNY 38,166,938.57, down from CNY 87,114,373.22 in the previous year, a decline of 56.2%[18] Cash Flow - Cash flow from operating activities for the year-to-date was -¥36,792,278.49, indicating a decrease in cash flow management efficiency[5] - The net cash flow from operating activities was -$36.79 million, compared to -$20.27 million in the previous period, indicating a decline in operational cash generation[26] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 199,367,172.48, down from CNY 253,124,227.30 in 2024, a decrease of 21.3%[25] - The ending cash and cash equivalents balance decreased to $57.82 million from $106.44 million, showing a significant reduction in liquidity[27] - Cash paid to employees was $97.77 million, down from $123.70 million, indicating cost-cutting measures in personnel expenses[26] - Cash inflow from financing activities totaled $370.58 million, down from $483.98 million, indicating a decrease in new financing received[26] Research and Development - Research and development expenses totaled ¥11,998,221.20 for the quarter, accounting for 18.53% of operating revenue, a decrease of 5.12 percentage points from the previous year[4] - Research and development expenses for the first three quarters of 2025 were CNY 38,601,742.52, compared to CNY 51,747,020.37 in 2024, indicating a reduction of 25.4%[20] Operational Efficiency - The company reported a significant reduction in operating expenses, contributing to a narrowing of losses compared to the previous year[10] - The company is focusing on cost reduction and efficiency improvement measures, which have started to show initial results in the current reporting period[10] Market and Product Development - The company has no significant new product launches or technological developments reported in the conference call[14] - There are no updates on market expansion or mergers and acquisitions mentioned in the call[14] Other Financial Metrics - Accounts receivable increased to ¥78,142,967.06 from ¥66,420,470.59 year-over-year[15] - Short-term borrowings decreased to ¥109,528,944.50 from ¥248,050,876.00[16] - The company reported a significant increase in contract liabilities, rising to CNY 57,497,176.36 from CNY 44,818,991.93, an increase of 28.5%[18] - The company's long-term borrowings amounted to CNY 55,416,666.65, with no previous long-term borrowings reported in the prior year[18] - Total cash outflow from investing activities was $3.23 million, significantly lower than $305.93 million in the previous period, reflecting reduced investment expenditures[26] - Cash outflow for the acquisition of fixed assets was $3.23 million, a significant decrease from $112.57 million, suggesting a slowdown in capital expenditures[26]