晋控煤业(601001) - 2025 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2025 was CNY 3,359,596,018.14, a decrease of 12.85% year-on-year[4] - Total profit for Q3 2025 was CNY 716,640,937.24, down 45.63% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2025 was CNY 400,547,910.72, a decline of 43.94% year-on-year[4] - Basic earnings per share for Q3 2025 were CNY 0.24, down 44.19% compared to the same period last year[5] - Total profit for the year-to-date decreased by 41.72% due to the cyclical impact of the coal market[9] - Net profit for the first three quarters of 2025 was ¥1,699,561,627.20, a decline of 43.0% from ¥2,976,048,968.23 in 2024[20] - The total profit for the first three quarters of 2025 is CNY 170,291,370.19, a decrease from CNY 251,250,437.14 in the same period of 2024, representing a decline of approximately 32.2%[27] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 1,510,892,083.73, a decrease of 58.76%[5] - Cash flow from operating activities was not detailed, but the overall cash flow situation indicates challenges in liquidity management[23] - The net cash flow from operating activities for the first three quarters of 2025 is CNY 372,011,241.53, significantly down from CNY 3,581,932,397.96 in 2024, indicating a decrease of about 89.6%[28] - Cash inflow from operating activities totaled CNY 19,239,257,503.37 in 2025, compared to CNY 16,702,817,643.24 in 2024, reflecting an increase of approximately 9.2%[28] - The cash outflow from operating activities in 2025 is CNY 18,867,246,261.84, which is an increase from CNY 13,120,885,245.28 in 2024, marking a rise of about 43.5%[28] - The net cash flow from investing activities for the first three quarters of 2025 is -CNY 149,090,509.85, a decrease from CNY 166,553,380.08 in 2024[29] - The net cash flow from financing activities in 2025 is -CNY 3,111,939,543.48, compared to -CNY 2,352,037,168.30 in 2024, indicating a worsening of approximately 32.3%[29] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 35,012,625,568.70, a decrease of 6.77% from the end of the previous year[5] - Total assets as of September 30, 2025, amount to 35.0126 billion RMB, a decrease from 37.5540 billion RMB at the end of 2024[15] - Current assets decreased from 17.8579 billion RMB to 15.5966 billion RMB[14] - Total liabilities amounted to ¥7,410,769,622.00, a decrease from ¥10,849,126,725.76 in the previous year[16] - The total liabilities decreased to 23,147,186,643.69 RMB from 24,385,446,598.37 RMB, reflecting a decline of about 5.1%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,450[11] - The largest shareholder, Jinneng Holding Coal Industry Group Co., Ltd., holds 961,632,508 shares, accounting for 57.46% of total shares[11] - The company has no significant changes in the top ten shareholders or their participation in margin trading[12] - The company does not have any known related party transactions among the top ten shareholders[12] Sales and Expenses - Sales expenses for the year-to-date increased by 39.28% as the company actively expanded its sales market[9] - The company produced 26.1851 million tons of coal and sold 20.8564 million tons during the first nine months of 2025, generating sales revenue of 8.819 billion RMB[13] - Total operating revenue for the first three quarters of 2025 was ¥9,324,862,214.15, a decrease of 16.9% compared to ¥11,233,627,002.63 in the same period of 2024[18] - Total operating costs for the first three quarters of 2025 were ¥7,219,918,877.05, down 6.2% from ¥7,701,937,032.78 in 2024[18] Investment and Equity - Investment income for the first three quarters of 2025 was ¥158,585,819.26, down from ¥337,071,671.15 in 2024[19] - The company reported a decrease in tax expenses to ¥584,595,031.35 from ¥943,362,721.34 in the previous year[19] - The company’s total non-current liabilities decreased to ¥2,295,091,908.40 from ¥3,397,889,621.08 year-over-year[16] - Total equity increased to ¥27,601,855,946.70 from ¥26,704,915,870.95 year-over-year[16] - The company reported a decrease in undistributed profits to 811,916,736.31 RMB from 1,905,268,866.12 RMB, a decline of approximately 57.6%[26] Inventory and Receivables - Accounts receivable increased by 91.70% at the end of the reporting period, primarily due to increased coal sales receivables[9] - Prepayments increased by 127.16% at the end of the reporting period, mainly due to increased prepaid transportation costs[9] - Inventory decreased from 454.20 million RMB to 418.11 million RMB[14]