Zhong Guo Jing Ji Wang·2025-11-17 07:35Core Viewpoint - *ST Shengxun reported a significant increase in revenue for the first three quarters of 2025, but still faced net losses, indicating ongoing financial challenges despite growth in sales [1][2]. Financial Performance Summary - For the first three quarters of 2025, the company achieved operating revenue of 139 million yuan, a year-on-year increase of 31.21% [1][2]. - The net profit attributable to shareholders was -3.80 million yuan, showing an improvement of 86.59% compared to the previous year [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -4.86 million yuan, with a year-on-year increase of 83.58% [1][2]. - The net cash flow from operating activities was -29.40 million yuan, reflecting a year-on-year growth of 45.76% [1][2]. Previous Year Comparison - In 2024, the company reported operating revenue of 302 million yuan, a growth of 7.85% compared to 2023 [3]. - The net profit attributable to shareholders for 2024 was -51.20 million yuan, a decline of 304.23% from the previous year [3]. - The net profit after deducting non-recurring gains and losses was -55.25 million yuan, a decrease of 366.69% compared to 2023 [3]. - The net cash flow from operating activities in 2024 was -55.69 million yuan, worsening from -1.23 million yuan in 2023 [3]. Fundraising and Financial Structure - The company raised a total of 415 million yuan through its initial public offering, with a net amount of 378 million yuan after expenses [4]. - The total issuance costs amounted to 36.44 million yuan, with underwriting fees to the sponsor, Western Securities, being 21.19 million yuan [5]. - The company issued 2.80 million convertible bonds in 2022, raising a total of 280 million yuan [5][6].