XCEP(SH:600505)2025-10-27 09:30Revenue and Profit - Operating revenue for Q3 2025 reached CNY 420,014,573.58, an increase of 12.27% compared to the same period last year[4]. - Total profit for Q3 2025 decreased by 64.27% year-on-year to CNY 12,799,895.18, primarily due to increased purchasing costs[4][9]. - Net profit attributable to shareholders for Q3 2025 was CNY 9,117,869.30, down 70.08% year-on-year[4][9]. - The company achieved a 9.93% year-on-year increase in electricity sales volume, contributing to revenue growth[6]. - Total operating revenue for the first three quarters of 2025 reached ¥1,147,128,239.44, an increase of 9.05% compared to ¥1,052,025,338.35 in the same period of 2024[18]. - Operating profit for the first three quarters of 2025 was ¥19,827,449.19, compared to ¥9,378,590.21 in 2024, indicating a significant increase of 111.06%[18]. - Net profit for the first three quarters of 2025 was ¥3,805,373.58, a recovery from a net loss of ¥7,361,199.00 in the same period of 2024[19]. - The net profit for the first three quarters of 2025 was ¥63,492,050.15, representing a growth of 6.4% from ¥59,357,665.55 in the first three quarters of 2024[26]. Cash Flow - Cash flow from operating activities for the year-to-date period increased by 72.55% to CNY 355,180,514.73[4][9]. - Cash flow from operating activities for the first three quarters of 2025 was ¥355,180,514.73, an increase of 72.25% from ¥205,839,882.87 in 2024[21]. - Cash inflow from operating activities for the first three quarters of 2025 reached approximately ¥1.21 billion, an increase from ¥1.08 billion in the same period of 2024, representing a growth of about 11.3%[29]. - The net cash flow from operating activities for the first three quarters of 2025 was approximately ¥308.33 million, compared to ¥171.40 million in 2024, indicating a significant increase of approximately 80.2%[29]. - The cash inflow from sales of goods and services for the first three quarters of 2025 was approximately ¥1.13 billion, compared to ¥1.06 billion in 2024, marking an increase of about 6.7%[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,123,275,831.76, a decrease of 0.79% from the end of the previous year[5]. - The company’s equity attributable to shareholders increased by 0.60% year-on-year to CNY 1,219,832,505.69[5]. - As of September 30, 2025, the total assets of Sichuan Xichang Electric Power Co., Ltd. amounted to CNY 4,123,275,831.76, a slight decrease from CNY 4,156,220,454.56 at the end of 2024[14]. - The company's current assets increased to CNY 575,163,016.45 from CNY 490,761,342.59, representing a growth of approximately 17.2%[14]. - Total liabilities decreased slightly to CNY 2,766,115,057.78 from CNY 2,794,061,336.05, a reduction of about 1%[16]. - The company's total equity stood at CNY 1,357,160,773.98, down from CNY 1,362,159,118.51, indicating a decrease of approximately 0.4%[16]. - The non-current assets totaled CNY 3,548,112,815.31, down from CNY 3,665,459,111.97, reflecting a decrease of about 3.2%[15]. - The total assets as of September 30, 2025, amounted to ¥2,633,643,632.78, up from ¥2,560,543,593.58 at the end of 2024, indicating a growth of 2.85%[25]. - The total liabilities increased to ¥1,123,175,884.70 as of September 30, 2025, compared to ¥1,107,377,560.53 at the end of 2024, reflecting a rise of 1.43%[25]. Financial Expenses and Earnings - Financial expenses decreased by 33.28% year-on-year, reflecting effective cost control measures[6]. - The company reported a decrease in financial expenses from ¥48,464,895.79 in 2025 to ¥72,634,135.33 in 2024, indicating a reduction of 33.33%[18]. - The basic and diluted earnings per share for Q3 2025 were CNY 0.0250, a decrease of 70.10% compared to the same period last year[5][9]. - The basic earnings per share for the first three quarters of 2025 was ¥0.0339, compared to ¥0.0136 in 2024, marking an increase of 148.53%[19]. - The financial expenses decreased significantly to ¥2,761,223.48 from ¥25,351,642.53, a reduction of approximately 89.1%[26]. Employee Compensation - The company reported a significant increase in employee compensation payable, which rose to CNY 104,934,269.49 from CNY 54,023,936.52, an increase of about 94.5%[16]. - The cash outflow for employee compensation in the first three quarters of 2025 was approximately ¥137.51 million, slightly down from ¥142.97 million in 2024, indicating a decrease of about 3.2%[29].