2025-10-21 11:21Financial Performance - For the first three quarters of 2025, the company's operating revenue was RMB 397 billion, representing a year-on-year increase of 0.6%[7] - The profit attributable to shareholders was RMB 30.8 billion, reflecting a year-on-year growth of 5.0%[7] - The EBITDA for the period was RMB 115.6 billion, with a year-on-year increase of 4.2%, resulting in an EBITDA margin of 31.6%[7][8] - Total operating revenue for the nine months ended September 30, 2025, was RMB 396,998 million, a slight increase from RMB 394,718 million in the same period of 2024, representing a growth of approximately 0.3%[16] - Net profit for the nine months ended September 30, 2025, reached RMB 30,771 million, compared to RMB 29,340 million in 2024, indicating an increase of about 4.9%[17] - The company reported a total of RMB 37,739 million in operating profit for the nine months ended September 30, 2025, compared to RMB 36,384 million in 2024, representing an increase of approximately 3.7%[16] - The pre-tax profit for the nine months ended September 30, 2025, was RMB 39,450 million, up 5% from RMB 37,712 million in 2024[19] User Growth and Traffic - The total number of mobile users reached 43.72 million, with a net increase of 1.27 million users during the period[6] - The number of 5G network users reached 29.24 million, with a net increase of 4.17 million users[6] - The total mobile internet traffic was 7,733.26 million TB, showing a year-on-year growth of 16.9%[9] Revenue Streams - The company's IDC revenue was RMB 27.5 billion, up 9.1% year-on-year, while intelligent revenue grew by 62.3%[10] Assets and Liabilities - Total assets as of September 30, 2025, were RMB 876.05 billion, an increase of 1.1% compared to the previous year[5] - Total assets as of September 30, 2025, amounted to RMB 876,049 million, up from RMB 866,625 million at the end of 2024, reflecting a growth of approximately 1.6%[15] - The company's total liabilities stood at RMB 410,815 million as of September 30, 2025, slightly up from RMB 410,073 million in 2024, showing a marginal increase of 0.2%[15] - The net current liabilities improved to RMB (106,612) million in 2025 from RMB (137,252) million in 2024, indicating a positive change in liquidity[15] - The total equity attributable to shareholders increased to RMB 458,123 million in 2025 from RMB 452,390 million in 2024, showing a growth of about 1.3%[15] Cash Flow and Expenditures - The company's cash and cash equivalents decreased to RMB 44,594 million in 2025 from RMB 82,207 million in 2024, a decline of approximately 45.4%[14] - The net cash generated from operating activities for the nine months ended September 30, 2025, was RMB 87,421 million, a decrease of 10% compared to RMB 97,316 million for the same period in 2024[18] - The company's capital expenditures for the nine months ended September 30, 2025, were RMB (44,810) million, down 23% from RMB (58,238) million in 2024[18] - The net cash used in investing activities was RMB (84,958) million, an increase of 23% compared to RMB (68,913) million in 2024[18] - The company reported a net cash outflow from financing activities of RMB (40,033) million, compared to RMB (36,080) million in 2024, indicating a 11% increase in cash outflow[18] - Cash and cash equivalents decreased by RMB 37,570 million during the nine months ended September 30, 2025, compared to a decrease of RMB 7,677 million in 2024[18] Dividends and Interest - The company paid dividends amounting to RMB (25,064) million, which is an increase of 17% from RMB (21,300) million in 2024[18] - The company experienced a net interest expense of RMB 1,563 million for the nine months ended September 30, 2025, compared to RMB 1,794 million in 2024[19] Strategic Initiatives - The company plans to fully implement a cloud transformation strategy, enhancing core capabilities and competitiveness[12]