XTC(SH:600549)2025-10-24 09:10Financial Performance - The company's operating revenue for the third quarter reached CNY 12,822,943,815.96, an increase of 39.27% compared to the same period last year[5] - Total profit for the quarter was CNY 1,369,660,248.90, reflecting a significant increase of 92.95% year-on-year[5] - Net profit attributable to shareholders was CNY 809,588,051.80, up 109.85% from the previous year[5] - The basic earnings per share for the quarter was CNY 0.5099, representing an increase of 86.98% year-on-year[5] - For the first three quarters of 2025, the company achieved consolidated operating revenue of RMB 32 billion, a year-on-year increase of 21.36%; net profit attributable to shareholders was RMB 1.782 billion, up 27.05%[14] - Total revenue for the first three quarters of 2025 reached ¥32,000,882,869.43, a 21.8% increase from ¥26,369,085,913.45 in the same period of 2024[23] - Operating profit for the first three quarters of 2025 was ¥3,087,742,512.91, compared to ¥2,608,089,148.75 in 2024, reflecting a growth of 18.4%[24] - Net profit attributable to shareholders for the first three quarters of 2025 was ¥1,781,787,324.47, up from ¥1,402,388,931.27 in 2024, marking a 27% increase[25] - The total comprehensive income of ¥2,626,292,272.31 for the first three quarters of 2025, compared to ¥2,219,429,043.69 in 2024, marking an increase of 18.3%[25] Asset and Liability Management - The total assets of the company at the end of the reporting period were CNY 50,373,325,567.93, a growth of 10.80% from the end of the previous year[6] - Total assets increased to ¥50,373,325,567.93 in 2025 from ¥45,463,760,382.89 in 2024, representing an increase of 8.4%[21] - Total liabilities rose to ¥24,799,684,075.88 in 2025, compared to ¥21,112,734,443.78 in 2024, indicating a growth of 17.5%[21] - The total assets as of September 30, 2025, were CNY 22.92 billion, an increase from CNY 22.09 billion at the end of 2024[29] - Total liabilities rose to CNY 11.81 billion, compared to CNY 11.34 billion in the previous year[30] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was CNY 2,445,294,327.16, reflecting a growth of 6.64%[5] - Cash inflow from operating activities for the first three quarters of 2025 reached CNY 28.41 billion, a 24.5% increase from CNY 22.82 billion in the same period of 2024[27] - Net cash flow from operating activities was CNY 2.45 billion, up 6.7% from CNY 2.29 billion year-over-year[28] - Cash inflow from investment activities totaled CNY 3.13 billion, compared to CNY 2.48 billion in the previous year, marking a 26.1% increase[28] - Net cash flow from investment activities was negative at CNY -1.65 billion, worsening from CNY -1.26 billion in the prior year[28] - Cash inflow from financing activities amounted to CNY 4.70 billion, slightly up from CNY 4.65 billion in 2024[28] - Net cash flow from financing activities decreased to CNY -1.95 billion from CNY -0.46 billion, indicating increased cash outflows[28] Business Segment Performance - The tungsten and molybdenum business generated operating revenue of RMB 14.568 billion, reflecting a year-on-year growth of 11.47%, with total profit reaching RMB 2.325 billion, up 20.13%[15] - The new energy materials business reported operating revenue of RMB 13.059 billion, a 29.80% increase year-on-year, with total profit of RMB 612 million, up 48.93%[15] - The rare earth business achieved operating revenue of RMB 4.333 billion, a year-on-year increase of 35.27%, with total profit of RMB 185 million, up 2.74%[16] - The real estate business recorded operating revenue of RMB 40 million, a year-on-year increase of 15.19%, but total profit decreased by RMB 62 million compared to the previous year[16] Shareholder Information - The company reported a total of 120,883 common shareholders at the end of the reporting period[12] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥1,179,522,211.63, an increase from ¥1,094,719,042.74 in 2024, reflecting a growth of 7.8%[24] - Research and development expenses increased to ¥107,352,858.98, up from ¥92,342,615.85 in the previous year, highlighting the company's commitment to innovation[32]