线上线下前三季度营收4.70亿元同比降46.84%，归母净利润350.64万元同比降72.05%，净利率下降0.57个百分点

Core Insights - The company reported a significant decline in revenue and profit for the first three quarters of 2025, with total revenue at 470 million yuan, down 46.84% year-on-year, and a net profit of 3.51 million yuan, down 72.05% year-on-year [1][2]. Financial Performance - The basic earnings per share for the reporting period was 0.04 yuan, with a weighted average return on equity of 0.31% [2]. - The company's gross margin for the first three quarters was 11.18%, an increase of 4.98 percentage points year-on-year, while the net margin was 1.02%, a decrease of 0.57 percentage points year-on-year [2]. - In Q3 2025, the gross margin dropped to 3.96%, down 3.95% year-on-year and 9.65% quarter-on-quarter, with a net margin of -5.83%, a decline of 9.17% year-on-year and 6.96 percentage points quarter-on-quarter [2]. Expense Analysis - Total operating expenses for Q3 2025 were 49.17 million yuan, a decrease of 710,200 yuan year-on-year, with an expense ratio of 10.47%, up 4.82 percentage points year-on-year [2]. - Sales expenses decreased by 12.72% year-on-year, while management expenses increased by 22.34%. R&D expenses decreased by 38.68%, and financial expenses increased by 26.76% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 16,800, an increase of 1,868 or 12.48% from the end of the previous half [2]. - The average market value per shareholder rose from 244,200 yuan at the end of the previous half to 462,200 yuan, an increase of 89.30% [2]. Company Overview - The company, Wuxi Online and Offline Communication Information Technology Co., Ltd., is located in Wuxi, Jiangsu Province, and was established on September 14, 2012. It was listed on March 22, 2021 [3]. - The main business involves mobile information services, with 89.34% of revenue from this segment, 10.51% from digital marketing, and 0.15% from other services [3]. - The company belongs to the communication services sector, specifically in value-added communication services, and is associated with concepts such as JD.com, hundred-yuan stocks, margin trading, RCS, and 5G [3].