Core Points - The company reported a revenue of 1,646,437,352.00 yuan for the third quarter of 2025, representing a year-on-year growth of 8.07% [1] - The net profit attributable to shareholders of the listed company was 46,766,289.97 yuan, showing a significant year-on-year increase of 6750.18% [1]

Core Viewpoint - The company, Shanhe Intelligent, reported impressive financial results for the first three quarters of 2025, with a significant increase in net profit driven by the recovery of the engineering machinery industry [2][5][6]. Financial Performance - For the first three quarters of 2025, Shanhe Intelligent achieved a net profit of 96.65 million yuan, representing a year-on-year increase of 177.57% [5]. - In Q3 2025, the company's net profit surged by 6750.18% year-on-year, amounting to 46.77 million yuan [5]. - The company's operating revenue for the first three quarters was 5.06 billion yuan, a slight decline of 2.08% year-on-year, while Q3 revenue increased by 8.07% to 1.65 billion yuan [5]. - The net cash flow from operating activities was 121 million yuan, reflecting a 32.33% year-on-year improvement [5]. Shareholder Activity - As of September 30, new shareholders included Huaxia CSI 1000 ETF and GF CSI 1000 ETF, while Hong Kong Central Clearing Limited increased its holdings by 6.29 million shares to 13.08 million shares, representing 1.22% of total shares [2][5]. Industry Context - The engineering machinery industry is experiencing a recovery, with excavator sales in China increasing by 18.1% year-on-year, totaling 174,039 units from January to September 2025 [6]. - Domestic excavator sales rose by 21.5% to 89,877 units, while exports increased by 14.6% to 84,162 units during the same period [6]. Policy Support and Strategic Positioning - The recovery is supported by government policies and market demand, with a target average revenue growth rate of 3.5% for the machinery industry from 2025 to 2026 [7]. - Shanhe Intelligent is focusing on innovation and has launched new green and intelligent equipment, including the SWDE165EB electric down-the-hole drill, marking a significant step in high-end and international market expansion [7]. Future Outlook - The company plans to continue advancing the intelligent and green upgrade of mining equipment and deepen its international market presence [8]. - Analysts suggest that with the acceleration of major engineering projects and the implementation of equipment replacement policies, the demand for engineering machinery will remain strong, positioning Shanhe Intelligent to further enhance its profitability during the recovery cycle [8].

Core Viewpoint - The company reported a decline in revenue for the first three quarters, while net profit showed significant growth, indicating a mixed financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 5.057 billion, a year-on-year decrease of 2.08% [1] - The net profit attributable to shareholders was 96.647 million, reflecting a year-on-year increase of 177.57% [1] - The company reported a non-recurring net loss of 105 million [1]

Core Insights - The company reported a revenue of 5.057 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 2.08% [1] - The net profit attributable to shareholders reached 96.6472 million yuan, showing a significant year-on-year increase of 177.57% [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 105 million yuan [1] Financial Performance - Revenue for the first three quarters: 5.057 billion yuan, down 2.08% year-on-year [1] - Net profit attributable to shareholders: 96.6472 million yuan, up 177.57% year-on-year [1] - Net loss after deducting non-recurring items: 105 million yuan [1]

Core Viewpoint - The company reported a mixed financial performance for the third quarter and the first three quarters of the year, with revenue growth in Q3 but a decline in year-to-date revenue [1] Financial Performance Summary - Q3 revenue reached 1.646 billion yuan, representing a year-on-year increase of 8.07% [1] - Q3 net profit attributable to shareholders was 46.7663 million yuan, showing a significant year-on-year increase of 6750.18% [1] - Year-to-date revenue for the first three quarters was 5.057 billion yuan, reflecting a year-on-year decline of 2.08% [1] - Year-to-date net profit attributable to shareholders was 96.6472 million yuan, which is a year-on-year increase of 177.57% [1] - The company's non-recurring net profit decreased by 241.59% in Q3, and year-to-date non-recurring net profit fell by 115.54% [1]

山河智能装备股份有限公司 第九届董事会第二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 山河智能装备股份有限公司（以下简称"公司"）第九届董事会第二次会议通 知于 2025 年 10 月 17 日以通讯送达的方式发出，于 2025 年 10 月 23 日以通讯会议 方式召开。会议应到董事 11 人，实到董事 11 人。公司董事长付向东先生主持会议。 会议的召开符合《中华人民共和国公司法》《公司章程》《董事会议事规则》等相 关规定，会议合法有效。 证券代码：002097 证券简称：山河智能 公告编号：2025-063 本次会议经投票表决，通过如下决议： 一、会议以同意 11 票、反对 0 票、弃权 0 票的表决结果审议通过了《2025 年 第三季度报告》； 本报告已经公司第九届董事会审计委员会第二次会议审议通过。 本报告已经公司第九届董事会审计委员会第二次会议审议通过。 【具体内容详见公司指定信息披露网站巨潮资讯网 http://www.cninfo.com.cn】 三、会议以同意 8 票、反对 0 票、弃权 0 票的表决结果审议通过了《关于 ...

转自：智通财经 【山河智能：第三季度净利润同比增长6750.18%】智通财经10月24日电，山河智能(002097.SZ)公告 称，公司2025年前三季度实现营业收入50.57亿元，同比下降2.08%；实现归属于上市公司股东的净利润 9664.72万元，同比增长177.57%。第三季度营收为16.46亿元，同比增长8.07%；净利润为4676.63万元， 同比增长6,750.18%。 ...

格隆汇10月24日｜山河智能(002097.SZ)公告称，公司2025年前三季度实现营业收入50.57亿元，同比下 降2.08%；实现归属于上市公司股东的净利润9664.72万元，同比增长177.57%。第三季度营收为16.46亿 元，同比增长8.07%；净利润为4676.63万元，同比增长6,750.18%。 ...

证券代码：002097 证券简称：山河智能 公告编号：2025-066 山河智能装备股份有限公司 关于 2025 年新增日常关联交易预计的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 一、日常关联交易基本情况 （一）日常关联交易概述 山河智能装备股份有限公司（以下简称"公司"）分别于2025年4月24日召开第八 届董事会第二十一次会议、 2025年5月20日召开2024年年度股东大会，审议通过了 《关于2025年度日常关联交易预计的议案》。公司根据生产经营需要，预计2025年 公司及下属子公司将与关联方发生关联交易总金额为92,675万元。 根据《深圳证券交易所股票上市规则》等相关法律法规的规定，本次新增日常 关联交易预计事项无需提交公司股东会审议。本次新增日常关联交易预计事项不构 成《上市公司重大资产重组管理办法》规定的重大资产重组，不需要经过有关部门 1 批准。 (二)预计 2025 年度新增日常关联交易的类别和金额 单位：万元 | 关联交易 | 关联方名称 | 关联交易 | 2025 年预 | 本次新增 | 新增后 2025 | 2025 年已发 ...

证券代码：002097 证券简称：山河智能 公告编号：2025-065 山河智能装备股份有限公司 关于 2025 年前三季度计提减值准备的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 山河智能装备股份有限公司（以下简称"公司"）于2025年10月23日召开第九 届董事会第二次会议，审议通过了《关于2025年前三季度计提减值准备的议案》， 为真实反映公司的财务状况、资产价值及经营情况，根据《企业会计准则》《深圳 证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等相关规定 的要求，公司针对截至2025年9月30日合并报表范围内的各项资产进行减值测试，对 可能发生减值的相关资产计提减值准备。公司2025年前三季度累计需计提减值准备 及预计负债金额合计为23,172.63万元，其中：信用减值准备21,987.08万元，资产减 值准备3,621.55万元，预计负债-2,436.00万元。现将有关情况公告如下： 一、本次计提信用减值准备、资产减值准备及预计负债的情况概述 公司本次计提信用减值准备、资产减值准备及预计负债情况如下： 单位：人民币万元 ...