Core Viewpoint - Canaan Intelligent (300880.SZ) reported a significant decline in financial performance for the first three quarters of 2025, with a 34.92% decrease in revenue and a 60.39% drop in net profit compared to the previous year [1][2]. Financial Performance Summary - For the first three quarters of 2025, the company achieved revenue of 510 million yuan, down 34.92% year-on-year [1][2]. - The net profit attributable to shareholders was 68.25 million yuan, reflecting a 60.39% decrease compared to the same period last year [1][2]. - The net profit after deducting non-recurring gains and losses was 60.68 million yuan, a decline of 63.65% year-on-year [1][2]. - The net cash flow from operating activities was 4.42 million yuan, down 97.85% compared to the previous year [1][2]. Previous Year Performance Comparison - In 2024, Canaan Intelligent reported revenue of 1.014 billion yuan, an increase of 11.46% year-on-year [2]. - The net profit attributable to shareholders for 2024 was 193 million yuan, up 25.49% year-on-year [2]. - The net profit after deducting non-recurring gains and losses for 2024 was 185 million yuan, reflecting a 30.31% increase [2]. - The net cash flow from operating activities in 2024 was 309 million yuan, a growth of 22.43% year-on-year [2]. Company Listing Information - Canaan Intelligent was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 1, 2020, with an issuance of 33.34 million shares at a price of 9.73 yuan per share [3]. - The total funds raised amounted to 324 million yuan, with a net amount of 280 million yuan after deducting issuance costs [3]. - The company planned to use the raised funds for the construction of a production facility for smart electric meters, a research and development center, and to supplement working capital [3].
迦南智能前3季净利降6成 2020上市募3亿东莞证券保荐