上峰水泥(000672) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,326,129,823.26, a decrease of 6.82% compared to the same period last year[5]. - Net profit attributable to shareholders increased by 20.34% to CNY 281,113,635.08, while net profit excluding non-recurring gains and losses rose by 37.90% to CNY 213,122,715.10[5]. - The company achieved a cumulative operating revenue of CNY 3,598,463,266.51 for the year-to-date, down 5.69% year-on-year, with a net profit of CNY 527,983,115.87, up 30.56%[9]. - Revenue decreased by 5.69% to ¥3,598,463,266.51, primarily due to a 6.21% decline in sales volume of clinker and cement products[19]. - Net profit for the current period is ¥550,843,626.90, an increase of 46.0% compared to ¥377,482,429.11 in the previous period[30]. - Earnings per share (EPS) for the current period is ¥0.54, up from ¥0.42 in the previous period[30]. - The company reported an operating profit of ¥656,072,411.65, which is a significant increase from ¥477,239,554.09 in the previous period[29]. Production and Sales - The company produced 1,108.62 million tons of clinker and 1,117.08 million tons of cement in the first nine months, with total sales of 1,415.00 million tons, a decline of 6.21% year-on-year[10]. - Total operating costs decreased to ¥3,159,661,639.15, down 9.8% from ¥3,502,090,607.11 in the previous period[29]. Profitability and Margins - The gross profit margin for the company's core business was 29.86%, and the net profit margin was 15.31%, maintaining industry-leading levels[9]. - Investment income rose to ¥115,368,488.44, compared to ¥68,934,795.89 in the previous period, marking a growth of 67.1%[29]. Cash Flow and Liquidity - The company’s cash flow from operating activities for the year-to-date was CNY 755,071,117.83, reflecting a year-on-year increase of 2.34%[5]. - Operating cash flow for the current period is $755,071,117.83, an increase of 2.5% compared to $737,818,666.75 in the previous period[32]. - Cash inflow from investment activities totaled $1,321,180,973.64, up from $997,559,640.53, representing a 32.4% increase[32]. - Cash received from the sale of goods and services was $3,455,897,961.46, a decrease of 8.5% from $3,775,520,537.18[32]. - Cash paid for purchasing goods and services was $2,019,143,525.19, down from $2,528,065,523.19, reflecting a 20.1% decrease[32]. Assets and Liabilities - The company’s total assets at the end of the reporting period were CNY 16,883,339,054.39, a decrease of 3.95% from the end of the previous year[5]. - Total liabilities decreased to ¥7,200,196,223.87 from ¥7,922,785,062.95, reflecting a reduction of 9.1%[28]. - Total equity increased slightly to ¥9,683,142,830.52 from ¥9,655,071,866.27, indicating a growth of 0.3%[28]. - Short-term borrowings increased by 29.15% to ¥2,022,896,549.93, as subsidiaries sought additional working capital loans[18]. Investments and Projects - The company’s investment in equity, particularly in semiconductor materials, contributed approximately CNY 170 million to net profit, accounting for 31% of total net profit[14]. - The company’s new energy projects generated 24.82 million kWh of electricity and saved approximately 7,463 tons of standard coal, reducing CO2 emissions by about 20,000 tons[13]. Shareholder Information - The number of common shareholders at the end of the reporting period was 41,667[23]. - The largest shareholder, Zhejiang Shangfeng Holding Group Co., Ltd., holds 31.15% of shares, with 93,100,000 shares pledged[23].