英方软件连亏1年3季 2023年上市募8.1亿兴业证券保荐

Core Viewpoint - Yingfang Software (688435.SH) reported a revenue of 132 million yuan for the first three quarters of 2025, marking an 11.26% year-on-year increase, but still recorded a net loss attributable to shareholders of 14.71 million yuan, an improvement from the previous year's loss of 31.66 million yuan [1][2]. Financial Performance - The company achieved a revenue of 132 million yuan in the first three quarters of 2025, reflecting an 11.26% increase compared to the same period last year [1][2]. - The net profit attributable to shareholders was -14.71 million yuan, an improvement from -31.66 million yuan in the same period last year [1][2]. - The net profit excluding non-recurring gains and losses was -26.49 million yuan, compared to -44.27 million yuan in the previous year [1][2]. - The net cash flow from operating activities was -48.88 million yuan, worsening from -39.14 million yuan year-on-year [1][2]. Historical Context - In 2024, the company reported a revenue of 19 million yuan, a decline of 21.65% year-on-year, with a net loss of 28.59 million yuan compared to a profit of 44.46 million yuan in the previous year [2]. - The net profit excluding non-recurring gains and losses for 2024 was -44.73 million yuan, down from a profit of 26.63 million yuan in the previous year [2]. - The net cash flow from operating activities in 2024 was -38.19 million yuan, compared to a positive cash flow of 0.33 million yuan in the previous year [2]. Initial Public Offering (IPO) Details - Yingfang Software was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 19, 2023, with an issuance of 20.95 million shares at a price of 38.66 yuan per share [3]. - The total funds raised from the IPO amounted to 809.80 million yuan, with a net amount of 731.66 million yuan after deducting issuance costs [3]. - The company planned to use the raised funds for projects related to industry data security, business continuity, big data replication software upgrades, cloud data management solutions, R&D center upgrades, and marketing network upgrades [3].