NJTC(SH:601975)2025-10-27 12:05Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,496,674,902.76, representing a year-on-year increase of 1.10%[3] - The total profit for the period was CNY 455,339,952.07, a decrease of 11.74% compared to the same period last year[3] - The net profit attributable to shareholders was CNY 376,862,011.50, down 13.47% year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 368,692,871.47, an increase of 2.29% compared to the previous year[3] - The basic earnings per share for the period was CNY 0.0785, a decrease of 13.55% year-on-year[3] - Total operating revenue for the first three quarters of 2025 was CNY 4,268,420,384.68, a decrease of 14.74% compared to CNY 5,008,074,591.48 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 956,351,509.12, a decline of 42.53% from CNY 1,666,814,356.66 in 2024[20] - Earnings per share for the first three quarters of 2025 was CNY 0.1972, compared to CNY 0.3440 in the same period of 2024[21] - The net profit for the first three quarters of 2025 is CNY 509,483,002.13, a decrease of 28.5% compared to CNY 713,076,873.35 in the same period of 2024[33] - Operating profit for the first three quarters of 2025 is CNY 671,946,946.82, down from CNY 940,988,642.61 in 2024, reflecting a decline of 28.5%[33] Assets and Equity - Total assets at the end of the period were CNY 13,189,140,549.73, an increase of 2.03% from the end of the previous year[4] - The equity attributable to shareholders increased by 6.04% to CNY 11,478,146,099.35 compared to the end of the previous year[4] - As of September 30, 2025, the total assets of the company amounted to RMB 13,189,140,549.73, compared to RMB 12,926,989,064.34 at the end of 2024[15] - Total equity attributable to shareholders of the parent company increased to CNY 11,478,146,099.35 from CNY 10,824,521,965.38, reflecting a growth of 6.03%[18] - Total assets and equity amounted to CNY 13,189,140,549.73, up from CNY 12,926,989,064.34, indicating an increase of 2.03%[18] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 1,506,424,819.34, a decrease of 27.69% year-on-year[3] - Cash received from sales of goods and services in the first three quarters of 2025 was CNY 4,391,624,073.90, a decrease of 14.43% from CNY 5,133,278,469.81 in 2024[23] - Operating cash inflow totaled CNY 4,487,902,200.41, a decrease from CNY 5,243,518,158.11 in the previous period[24] - Net cash flow from operating activities was CNY 1,506,424,819.34, down from CNY 2,083,152,778.03[24] - Cash flow from operating activities for the first three quarters of 2025 is CNY 879,453,815.94, a decrease of 11.3% compared to CNY 992,094,204.35 in 2024[36] - Total cash inflow from operating activities is CNY 2,230,206,464.12, down 10.3% from CNY 2,486,713,112.91 in the previous year[36] Share Repurchase - The company repurchased a total of 75,037,600 shares, accounting for 1.56% of the total share capital, with a total expenditure of RMB 250,043,007.43[14] - The highest purchase price during the repurchase was RMB 3.38 per share, while the lowest was RMB 3.27 per share[14] - The company plans to utilize between RMB 25 million and RMB 40 million for share repurchase within 12 months from the approval date[14] Liabilities - The company's total liabilities as of September 30, 2025, were RMB 1,548,979,624.10, down from RMB 1,949,747,894.26 at the end of 2024[17] Non-Recurring Gains and Losses - The company reported non-recurring gains totaling CNY 8,169,140.03 for the period[7] Research and Development - Research and development expenses were reported at CNY 94,339.62, indicating ongoing investment in innovation[32] Other Financial Metrics - The weighted average return on equity decreased by 8.68 percentage points to 8.40% year-to-date[3] - Other comprehensive income after tax for the first three quarters of 2025 was CNY -44,947,147.65, compared to CNY -37,351,047.61 in 2024[21] - The company reported a financial expense of CNY -41,859,257.70 in the first three quarters of 2025, compared to CNY -16,288,495.99 in 2024[19] Market Trends - The domestic crude oil water transport volume showed slight growth, indicating a trend towards larger vessels[13] - In the first three quarters of 2025, the average TCE for the MR TC7 route (Singapore to Australia East Coast) was approximately $20,027 per day, a year-on-year decrease of 37.18%[12] - In the third quarter of 2025, the average TCE increased to approximately $21,697 per day, reflecting a quarter-on-quarter growth of 9.18%[12] Accounting Standards - The company has not applied new accounting standards for the year 2025[38]