伟明环保(603568) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached CNY 1,976,395,311.69, representing a year-on-year increase of 2.28%[4] - Total profit for the quarter was CNY 839,067,709.74, reflecting a growth of 3.15% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 710,236,429.08, up 3.23% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 703,918,465.30, an increase of 3.37% from the previous year[4] - Total operating revenue for the first three quarters of 2025 was CNY 5,880,143,836.28, a decrease of 2.73% compared to CNY 6,045,717,631.15 in the same period of 2024[21] - Net profit for the first three quarters of 2025 was CNY 2,237,891,189.24, an increase of 2.87% compared to CNY 2,175,320,985.95 in 2024[22] - Operating profit increased to CNY 2,491,838,114.28, up 2.81% from CNY 2,423,922,404.30 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 29,948,942,534.97, an increase of 8.98% from the end of the previous year[5] - The company's total assets as of September 30, 2025, amounted to RMB 29.949 billion, an increase from RMB 27.480 billion at the end of 2024[15] - The company's total liabilities as of September 30, 2025, were RMB 13.438 billion, compared to RMB 12.457 billion at the end of 2024[19] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,296,321,626.88, showing a significant increase of 26.15%[4] - Cash flow from operating activities was CNY 2,296,321,626.88, an increase of 26.19% compared to CNY 1,820,349,710.07 in the same period of 2024[25] - Cash inflow from investment activities was CNY 5,624,107,697.69, significantly higher than CNY 1,093,626,967.46 in 2024[25] - Cash outflow from investment activities totaled CNY 7,339,787,805.88, compared to CNY 3,185,395,590.27 in the previous year[25] - The net increase in cash and cash equivalents was 563,681,719.57, contrasting with a decrease of -100,448,858.52 in the previous period[26] - The ending balance of cash and cash equivalents reached 2,756,855,043.39, up from 2,354,619,057.60 at the end of the previous period[26] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 14,632,494,592.89, up 9.97% year-on-year[5] - The total number of common shareholders at the end of the reporting period was 27,765[9] - Basic earnings per share for the first three quarters of 2025 was CNY 1.26, up from CNY 1.24 in 2024[23] Non-Recurring Gains and Other Income - The company reported non-recurring gains of CNY 6,317,963.78 for the quarter, with government subsidies contributing CNY 7,020,482.39[7] - Other comprehensive income after tax was CNY -6,747,740.48, an improvement from CNY -12,456,052.18 in the previous year[22] Operational Metrics - The company completed a total waste input of 10.55 million tons in the first three quarters, with a year-on-year growth of 7.50%[11] - The company generated 2.816 billion kWh of electricity during the reporting period, representing a year-on-year increase of 5.11%[11] - The total new equipment orders for the first three quarters amounted to approximately RMB 4.47 billion, with major equipment orders totaling about RMB 2.688 billion[11] - The revenue from the new materials business in the third quarter reached RMB 326 million, while the revenue from Weiming Shengqing Company for the first three quarters was RMB 1.045 billion[12] - The company received a total of RMB 168 million in national subsidy electricity fees from waste incineration projects in the first three quarters[11] Corporate Governance and Changes - The company established a new subsidiary with a registered capital of RMB 10 million, holding a 70% stake[13] - The company achieved a Wind ESG rating upgrade to "AA" level, reflecting its strong performance in sustainable governance[13] - The company did not apply new accounting standards starting from 2025[27] - The announcement was made by the board of directors on October 24, 2025[28]