HEC(SZ:000886)2025-10-28 08:30Financial Performance - The company's operating revenue for Q3 2025 reached ¥142,912,758.67, representing a 53.42% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥24,684,394.43, a significant increase of 128.92% year-on-year[4] - The basic earnings per share for the period was ¥0.025, reflecting a 127.27% increase compared to the previous year[4] - The total operating income for the first nine months of 2025 was ¥313,561,108.54, which is a 133.41% increase year-on-year[8] - Total operating revenue for the current period reached ¥313,561,108.54, a significant increase from ¥134,340,048.54 in the previous period, representing a growth of approximately 133.4%[19] - The net profit for the current period was a loss of ¥6,610,081.14, compared to a net profit of ¥38,521,548.28 in the previous period, reflecting a decline of approximately 117.2%[20] - The basic and diluted earnings per share for the current period were both -0.011, compared to 0.04 in the previous period, indicating a significant downturn in profitability[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,949,177,172.11, showing a 2.01% increase from the end of the previous year[4] - The company's total assets as of September 30, 2025, amount to CNY 3,949,177,172.11, an increase from CNY 3,871,426,154.39 at the beginning of the period[16] - Current assets total CNY 2,079,457,275.22, down from CNY 2,153,156,318.09 at the beginning of the period[16] - The company's total liabilities increased to ¥881,000,947.23 from ¥803,436,359.06, marking an increase of about 9.7%[17] - The company’s total liabilities include accounts payable of CNY 236,005,397.13, down from CNY 380,345,292.19[16] Cash Flow - The company reported a cash flow from operating activities net amount of -¥139,852,579.19, an improvement of 78.05% compared to the same period last year[9] - Cash inflows from operating activities totaled ¥552,844,270.26, compared to ¥253,084,101.69 in the previous period, representing an increase of about 118.5%[22] - The net cash flow from operating activities was -$139.85 million, compared to -$637.02 million in the previous period, showing an improvement[23] - Cash inflow from financing activities totaled $289.13 million, compared to $172.15 million in the prior period, indicating a strong increase[23] - The net cash flow from financing activities was $239.40 million, up from $115.26 million year-over-year[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 68,170[11] - The largest shareholder, Hainan Provincial Transportation Investment Holding Co., Ltd., holds 26.14% of shares, totaling 258,512,239 shares[11] Investment and Expenses - The company experienced a 158.32% increase in short-term borrowings, totaling ¥30,000,000.00 during the reporting period[8] - The company’s investment income decreased by 47.17% to ¥64,949,506.94 compared to the same period last year[8] - The company experienced a financial loss in investment income, which decreased to ¥64,949,506.94 from ¥122,950,033.33, a decline of about 47.2%[20] - Total operating costs amounted to ¥377,662,770.98, up from ¥197,621,244.02, indicating an increase of about 91.1%[19] - The company reported a significant increase in sales expenses, which were ¥7,976,293.57, down from ¥10,848,871.26, a decrease of approximately 26.0%[20] - Research and development expenses were not explicitly reported, indicating a potential area for future investment focus[20] Other Financial Metrics - The company has reclassified its industry to road transportation as per the latest classification results[13] - The company paid $8.75 million in dividends and interest, a decrease from $49.70 million in the prior year[23] - The total cash outflow from investment activities was $193.18 million, compared to $1.33 billion in the previous period[23]