BTH(SH:600640)2025-10-28 09:30Financial Performance - The company's operating revenue for Q3 2025 was ¥417,242,685.77, a decrease of 5.39% compared to the same period last year[2] - The total profit for the quarter was ¥10,474,113.60, reflecting a decline of 20.16% year-over-year[2] - Net profit attributable to shareholders was ¥5,662,137.67, showing a significant increase of 261.23% compared to the previous year[2] - The basic earnings per share for the quarter was ¥0.0071, up by 255.00% year-over-year[3] - The net profit attributable to shareholders for the year-to-date period was ¥19,584,876.74, an increase of 47.50% compared to the same period last year[2] - Net profit for the first three quarters of 2025 reached CNY 21,244,332.87, an increase of 16.5% from CNY 18,183,083.85 in 2024[18] - Earnings per share for the first three quarters of 2025 was CNY 0.0246, compared to CNY 0.0167 in the same period of 2024[18] Cash Flow - The net cash flow from operating activities reached ¥82,618,782.00, a substantial increase of 433.33% compared to the same quarter last year[3] - In the first three quarters of 2025, the net cash flow from operating activities was -$253.19 million, a decrease from $163.98 million in the same period of 2024[20] - Total cash inflow from operating activities was $1.65 billion, down from $3.12 billion year-over-year[20] - Cash outflow from operating activities increased to $1.90 billion compared to $2.96 billion in the previous year[20] - The net cash flow from investment activities was -$353.38 million, an improvement from -$850.47 million in the same period of 2024[20] - The company received $1.37 billion from the recovery of investments, a significant increase from $687 million in the same period last year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,407,279,564.71, down 6.38% from the end of the previous year[3] - The total current assets as of September 30, 2025, amount to ¥2,829,995,948.34, an increase from ¥2,343,846,552.45 in December 2024[13] - Total liabilities decreased to CNY 935,954,101.01 in 2025 from CNY 1,318,777,798.69 in 2024, reflecting a reduction of approximately 29.0%[15] - Current liabilities totaled CNY 919,162,212.37, down 29.3% from CNY 1,300,073,073.61 in the previous year[15] - Non-current liabilities decreased to CNY 16,791,888.64 from CNY 18,704,725.08, a decline of 4.9%[15] - Total equity increased to CNY 4,471,325,463.70 in 2025 from CNY 4,457,236,874.42 in 2024, showing a growth of 0.3%[15] Shareholding Structure - China Telecom Group Co., Ltd. holds 51.16% of shares, totaling 407,061,147 shares[10] - China Telecom Group Industrial Asset Management Co., Ltd. owns 14.1% of shares, totaling 112,178,462 shares[10] - The company has no significant changes in the shareholding structure among the top 10 shareholders[11] Operational Insights - The company has been focusing on cost reduction and efficiency improvements, contributing to the increase in net profit[7] - The company has not engaged in any financing or margin trading activities during the reporting period[11] - There are no significant reminders for investors regarding the company's operational status during the reporting period[12] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 44,795,115.28, down 9.7% from CNY 49,383,887.13 in 2024[16] Financial Income and Expenses - The company reported a financial income of CNY 61,586,526.57 for the first three quarters of 2025, an improvement compared to a financial expense of CNY 70,628,794.55 in 2024[17]