CCEG(SH:600697)2025-10-28 09:25Financial Performance - The company's operating revenue for the third quarter was CNY 1,699,692,562.30, a decrease of 6.66% compared to the same period last year[3]. - The total profit for the quarter was CNY 58,499,972.08, down 5.52% year-on-year[3]. - The net profit attributable to shareholders was CNY 3,415,350.90, reflecting a slight increase of 0.65% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2025 was CNY 5,365,024,070.55, a decrease of 2% compared to CNY 5,474,619,620.40 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 reached CNY 126,126,305.99, an increase of 10% from CNY 114,710,104.96 in the first three quarters of 2024[19]. - Operating profit for the first three quarters of 2025 was CNY 201,349,437.44, slightly down from CNY 206,512,421.15 in the same period of 2024[19]. - The company reported a decrease in total operating costs to CNY 5,179,059,074.71 in the first three quarters of 2025, down from CNY 5,281,045,893.99 in the same period of 2024[19]. - The company achieved a gross profit margin of approximately 17.3% in the first three quarters of 2025, compared to 16.5% in the same period of 2024[19]. Profitability Metrics - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -4,420,539.50, a significant decrease of 124.53% year-on-year[3][8]. - The basic earnings per share for the quarter were CNY 0.02, unchanged from the previous year[3]. - The diluted earnings per share were also CNY 0.02, consistent with the previous year[3]. - The basic earnings per share for the first three quarters of 2025 was CNY 0.83, compared to CNY 0.84 in 2024, showing a slight decrease of 1.19%[27]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 19,711,953,714.95, an increase of 0.43% from the end of the previous year[4]. - Total assets as of September 30, 2025, amounted to RMB 19.71 billion, an increase from RMB 19.63 billion at the end of 2024[15]. - Current assets increased to RMB 3.66 billion from RMB 3.49 billion year-over-year, driven by a rise in cash and cash equivalents to RMB 943.09 million[15]. - Total liabilities as of September 30, 2025, were RMB 15.49 billion, slightly up from RMB 15.41 billion[16]. - The company's inventory stood at RMB 2.18 billion, a slight decrease from RMB 2.22 billion, reflecting inventory management strategies[15]. - The total equity attributable to shareholders increased to RMB 2.29 billion from RMB 2.29 billion, indicating stable shareholder value[16]. - The company's long-term borrowings rose to RMB 1.85 billion from RMB 998.41 million, indicating potential expansion financing[16]. - Short-term borrowings decreased to RMB 4.43 billion from RMB 5.05 billion, indicating improved liquidity management[16]. Cash Flow - The cash flow from operating activities for the year-to-date was CNY 836,141,320.23, an increase of 25.52%[3]. - Cash flow from operating activities generated a net amount of CNY 836,141,320.23 in the first three quarters of 2025, compared to CNY 666,153,339.29 in the same period of 2024, reflecting a 25% increase[22]. - The company's cash and cash equivalents increased by approximately 19.87% year-over-year, reflecting strong cash flow management[15]. - The company's cash and cash equivalents increased significantly to CNY 265.50 million from CNY 161.38 million, a growth of 64.38%[24]. - The ending balance of cash and cash equivalents increased to 218,684,605.89 RMB, compared to 130,798,815.96 RMB at the end of the same period in 2024, representing a growth of approximately 67.0%[30]. - Total cash inflow from operating activities was 3,535,723,332.24 RMB, down from 4,138,071,656.56 RMB year-over-year, representing a decline of approximately 14.6%[28]. - Cash outflow from operating activities increased to 3,811,590,779.19 RMB, compared to 3,626,370,530.12 RMB in the previous year, marking an increase of about 5.1%[28]. Investment Activities - The company reported a significant increase in other receivables, rising to RMB 206.05 million from RMB 95.89 million, suggesting improved credit management[15]. - The company’s investment activities resulted in a net cash outflow of CNY 202,600,176.09 in the first three quarters of 2025, compared to a net outflow of CNY 305,182,387.26 in the same period of 2024[22]. - The net cash flow from investing activities was 179,230,108.68 RMB, up from 101,522,398.61 RMB in 2024, indicating an increase of approximately 76.5%[28]. Financing Activities - Cash inflow from financing activities rose to 3,024,849,416.01 RMB, compared to 2,488,335,470.00 RMB in the same period last year, reflecting an increase of about 21.5%[30]. - The net cash flow from financing activities was 204,900,064.97 RMB, a turnaround from -679,794,475.98 RMB in the previous year[30].