Financial Performance - The company's operating revenue for the first nine months of 2025 reached RMB 12,429,805,077.03, a significant increase of 53.5% compared to RMB 8,085,655,612.48 in the same period of 2024[12]. - Net profit attributable to the parent company's shareholders for the first nine months of 2025 was RMB 2,117,325,631.98, up 140.4% from RMB 880,640,882.68 in the first nine months of 2024[12]. - The operating profit for the first nine months of 2025 was RMB 3,603,460,346.56, which is a 117.9% increase from RMB 1,658,939,261.16 in the same period of 2024[12]. - The company reported a total comprehensive income of RMB 2,784,663,890.77 for the first nine months of 2025, compared to RMB 1,228,931,313.69 in the same period of 2024, marking a growth of 126.3%[12]. - The basic earnings per share for the first nine months of 2025 was RMB 0.55, compared to RMB 0.26 in the same period of 2024, representing a growth of 111.5%[12]. Asset and Liability Management - As of September 30, 2025, the total assets of Zhaojin Mining Industry Company Limited increased to RMB 58.24 billion, up from RMB 53.43 billion as of December 31, 2024, representing an increase of approximately 8.5%[6]. - Current assets rose from RMB 13.89 billion to RMB 17.31 billion, reflecting a growth of about 24.4%[6]. - The company's inventory also saw an increase from RMB 6.25 billion to RMB 6.70 billion, which is an increase of about 7.3%[6]. - Total liabilities decreased from CNY 29.66 billion to CNY 28.33 billion, a reduction of approximately 4.5%[7]. - The total liabilities increased from RMB 18,783,200,754.12 as of December 31, 2024, to RMB 19,345,143,820.14 as of September 30, 2025, reflecting a growth of 3.0%[10]. - The company's total equity attributable to shareholders rose from RMB 24,592,417,561.94 at the end of 2024 to RMB 26,439,047,226.76 by September 30, 2025, indicating an increase of 7.5%[10]. Cash Flow Analysis - For the period from January to September 2025, the net cash flow from operating activities was CNY 3,800,329,931.98, an increase of 145.0% compared to CNY 1,544,790,680.06 in the same period of 2024[16]. - Total cash inflow from operating activities reached CNY 33,503,055,059.21, up from CNY 28,416,130,852.39 in the previous year, reflecting a growth of 18.5%[16]. - The cash outflow for purchasing goods and services was CNY 5,622,730,252.64, which increased from CNY 3,994,661,679.03, indicating a rise of 40.7%[16]. - The net cash flow from investing activities was negative at CNY -2,910,475,749.86, compared to CNY -5,500,974,305.73 in the same period of 2024, showing an improvement of 47.2%[17]. - Cash inflow from financing activities totaled CNY 59,000,524,905.09, a decrease of 51.5% from CNY 121,588,256,264.04 in the previous year[17]. Investment and R&D - The company issued its fifth phase of technology innovation bonds on September 25, 2025, indicating a focus on financing for technological advancements[3]. - Research and development expenses for the first nine months of 2025 amounted to RMB 214,362,674.22, which is an increase of 8.6% from RMB 197,657,687.57 in the previous year[12]. - The company’s long-term equity investments decreased from RMB 412.17 million to RMB 335.67 million, indicating a potential shift in investment strategy[6]. - Long-term equity investments increased from CNY 15.88 billion to CNY 17.77 billion, representing a growth of about 11.9%[9]. Compliance and Transparency - The company continues to comply with the Hong Kong Stock Exchange listing rules, ensuring adherence to regulatory requirements[3]. - The company is required to publish its unaudited quarterly performance on the China Money website and Shanghai Clearing House during the bond's duration, ensuring transparency[3].
招金矿业(01818) - 2025 Q3 - 季度业绩