Zhong Guo Jing Ji Wang·2025-12-10 07:33Core Viewpoint - Jinji Co., Ltd. reported a significant increase in revenue for the first three quarters of 2025, but faced substantial losses in net profit and cash flow, indicating potential challenges in operational efficiency and profitability [1][2]. Financial Performance - The company achieved an operating revenue of 874.29 million yuan, representing a year-on-year growth of 23.49% [1][2]. - The net profit attributable to shareholders was -15.22 million yuan, a decline of 272.46% compared to the previous year [1][2]. - The net profit after deducting non-recurring gains and losses was -20.16 million yuan, down 361.46% year-on-year [1][2]. - The net cash flow from operating activities was -36.26 million yuan, but showed a year-on-year increase of 30.70% [1][2]. Historical Context - Jinji Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on November 22, 2019, with an initial public offering of 41.78 million shares at a price of 5.53 yuan per share [3]. - The total amount raised from the IPO was 231.04 million yuan, with a net amount of 184.85 million yuan after expenses [4]. - The company also issued convertible bonds in 2021, raising a total of 600 million yuan, with a net amount of 575.24 million yuan after deducting issuance costs [4][5].