LJRB(SH:600853)2025-10-27 12:55Financial Performance - The company's operating revenue for the third quarter was CNY 5,687,907,960.27, a decrease of 8.04% compared to the same period last year[5] - The total profit for the quarter was CNY 199,555,609.19, reflecting a slight decrease of 0.60% year-on-year[5] - Net profit attributable to shareholders was CNY 186,878,649.23, an increase of 13.02% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 was CNY 10,770,921,589.61, a decrease of 3.57% compared to CNY 11,169,121,393.94 in the same period of 2024[25] - Total profit for the first three quarters of 2025 was CNY 10,835,818.47, down from CNY 22,233,556.12 in 2024, indicating a decrease of about 51.2%[42] - Net profit for the first three quarters of 2025 was CNY 10,874,788.82, compared to CNY 11,418,108.38 in 2024, showing a slight decline of approximately 4.8%[42] Cash Flow - The net cash flow from operating activities was CNY 706,885,131.72, a significant increase of 500.69% year-to-date[6] - The net cash flow from operating activities for the first three quarters of 2025 was negative CNY 1,369,407,529.15, compared to negative CNY 233,376,279.82 in 2024[31] - Cash flow from operating activities for the first three quarters of 2025 was negative CNY 1,546,631,563.73, worsening from negative CNY 842,353,185.52 in 2024[44] - The net cash flow from financing activities for the first three quarters of 2025 was CNY 651,017,822.94, down from CNY 959,733,242.36 in 2024, reflecting a decline of approximately 32.1%[46] - The company reported a cash outflow from operating activities totaling CNY 4,838,524,100.45 in the first three quarters of 2025, slightly higher than CNY 4,742,077,878.20 in 2024[44] Assets and Liabilities - Total assets at the end of the reporting period were CNY 36,764,113,280.98, a decrease of 2.00% from the end of the previous year[6] - The total current assets as of September 30, 2025, amount to ¥21,312,353,825.47, a decrease from ¥22,417,135,232.49 in December 2024[19] - Total liabilities as of September 30, 2025, are ¥22,129,621,797.54, compared to ¥22,390,447,096.74 in the previous period[21] - The total assets amount to ¥36,764,113,280.98, a decrease from ¥37,513,304,111.00[20] - Total liabilities as of the end of the reporting period were CNY 29,917,676,520.32, a decrease from CNY 30,909,766,530.32 in the previous year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,255[14] - The largest shareholder, Heilongjiang Construction Investment Group, holds 446,690,030 shares, representing 44.05% of the total shares[15] - The company has a total of 13,863,788 shares held by individual shareholder Zou Hanshu, representing 1.37%[15] Earnings and Expenses - Basic earnings per share for the quarter were CNY 0.18, up 12.50% from the same period last year[6] - Research and development expenses for the first three quarters of 2025 were CNY 411,614,361.34, slightly down from CNY 432,832,785.80 in 2024[25] - The company's research and development expenses for the first three quarters were CNY 166,883,958.82, nearly unchanged from CNY 167,892,951.46 in the same period last year[41] - Sales expenses increased by 35.47% as the company established development agencies for markets outside the province and overseas[12] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[47]