ZJHM(SH:600987)2025-10-23 09:05Financial Performance - The company's operating revenue for the third quarter was CNY 2,694,512,070.14, a decrease of 12.52% compared to the same period last year[5] - The total profit for the quarter was CNY 233,915,787.33, reflecting a decline of 5.78% year-on-year[5] - The net profit attributable to shareholders was CNY 168,217,307.11, down 5.02% from the previous year[5] - The basic earnings per share for the quarter was CNY 0.165, a decrease of 1.79% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2025 was CNY 8,136,852,489.55, a decrease from CNY 8,677,934,625.56 in the same period of 2024, representing a decline of approximately 6.6%[20] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was CNY 482,845,506.41, compared to CNY 475,305,297.38 in 2024, showing a slight increase of about 1.1%[21] - Operating profit for the first three quarters of 2025 was CNY 667,752,773.40, slightly up from CNY 663,339,393.39 in 2024, indicating a growth of approximately 0.6%[20] - Total operating costs for the first three quarters of 2025 were CNY 7,170,681,339.56, down from CNY 7,828,294,426.91 in 2024, indicating a decrease of about 8.4%[20] - The company’s total comprehensive income for the first three quarters of 2025 was CNY 554,777,196.64, slightly higher than CNY 549,857,877.21 in 2024, reflecting a growth of about 0.3%[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 11,205,965,870.44, an increase of 8.77% from the end of the previous year[6] - As of September 30, 2025, total assets amounted to RMB 11,205,965,870.44, an increase from RMB 10,302,717,725.68 at the end of 2024[16] - Current assets totaled RMB 8,825,465,237.54, up from RMB 7,881,587,819.00 at the end of 2024, reflecting a growth of approximately 11.97%[14] - Inventory increased significantly to RMB 3,532,324,938.03 from RMB 2,742,791,930.66, representing a growth of about 28.8%[15] - Short-term borrowings rose to RMB 70,095,305.52 from RMB 22,020,747.15, indicating a substantial increase of 218.5%[16] - Total liabilities reached RMB 4,016,661,186.22, compared to RMB 3,216,012,688.90 at the end of 2024, marking an increase of approximately 24.9%[16] - Non-current assets totaled RMB 2,380,500,632.90, slightly down from RMB 2,421,129,906.68 at the end of 2024[15] - The company's equity attributable to shareholders reached RMB 6,445,653,405.35, an increase from RMB 6,371,135,448.14 at the end of 2024[16] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 667,988,953.89, down 20.13% year-on-year[6] - Net cash flow from operating activities for the first three quarters of 2025 was CNY 667,988,953.89, down from CNY 836,355,440.31 in 2024, reflecting a decrease of about 20.1%[23] - Cash and cash equivalents at the end of the third quarter of 2025 amounted to CNY 3,234,637,844.26, an increase from CNY 3,196,221,204.93 at the end of 2024[24] - The company reported a net cash outflow from investing activities of CNY 20,447,804.59 in the first three quarters of 2025, compared to a larger outflow of CNY 346,198,709.42 in 2024[24] - The company experienced a decrease in cash inflow from operating activities, totaling CNY 8,614,682,172.59 in 2025, compared to CNY 9,189,702,210.83 in 2024, a decline of approximately 6.2%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,547[10] - Zhejiang Hangmin Industrial Group Co., Ltd. held 45.84% of the shares, making it the largest shareholder[11] Capital Increase - The company increased the registered capital of Hangzhou Haimin Kear Gold Co., Ltd. by RMB 45 million to enhance its capital strength and expand its business[13] - The company completed the capital increase for Hangzhou Haimin Kear Gold Co., Ltd. on September 12, 2025[13] Non-Recurring Items - The company reported non-recurring gains and losses totaling CNY 3,677,095.72 for the quarter[8]