绿城水务(601368) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥692,798,277.24, representing a year-on-year increase of 5.47%[4] - Total profit for the quarter was ¥127,542,977.69, showing a significant increase of 60.41% compared to the same period last year[4] - Net profit attributable to shareholders was ¥108,456,121.98, reflecting a year-on-year growth of 63.75%[4] - The net profit after deducting non-recurring gains and losses was ¥103,757,969.22, which is an increase of 71.55% year-on-year[4] - Basic earnings per share for the quarter were ¥0.1228, up 63.73% from the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,882,384,992.48, a slight increase of 1.3% compared to ¥1,858,275,895.89 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was ¥135,350,152.99, up from ¥134,056,268.12, indicating a growth of 1.0% year-over-year[19] - Total profit for the first three quarters of 2025 was ¥139,469,184.92, slightly down from ¥142,607,003.87 in 2024, a decrease of about 2.5%[28] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥24,821,482,667.35, a 6.03% increase from the end of the previous year[5] - Current assets as of September 30, 2025, amount to ¥4,767,449,713.83, an increase from ¥3,687,919,055.49 as of December 31, 2024, representing a growth of approximately 30%[12][13] - Accounts receivable increased to ¥3,335,024,891.10 from ¥2,634,965,258.87, reflecting a growth of about 26.6%[12] - Non-current assets total ¥20,054,032,953.52, up from ¥19,721,548,757.16, indicating an increase of approximately 1.7%[13] - The company's total liabilities rose to ¥19,929,131,173.28 from ¥18,641,831,727.26, reflecting an increase of approximately 6.9%[15] - Non-current liabilities increased to ¥14,352,863,920.36 from ¥12,853,925,760.10, a rise of about 11.7%[15] - The total equity attributable to shareholders increased to ¥4,850,272,646.07 from ¥4,741,411,685.39, showing a growth of 2.3%[15] Cash Flow - Cash inflow from operating activities totaled ¥1,721,059,050.35, compared to ¥1,553,683,847.03 in the previous year, marking an increase of 10.8%[21] - The net cash flow from operating activities was CNY 329,862,274.87, down from CNY 362,742,129.42 in the previous year, indicating a decrease of about 9.0%[22] - The total cash inflow from operating activities was ¥1,621,724,033.45, an increase from ¥1,490,343,350.61 in the previous year, showing a growth of approximately 8.8%[30] - Cash inflow from financing activities for the first three quarters of 2025 was ¥4,225,219,210.70, compared to ¥3,858,281,499.79 in 2024, marking an increase of about 9.5%[30] - The net cash outflow from investing activities was ¥1,561,333,534.94 in 2025, worsening from a net outflow of ¥1,106,647,565.25 in 2024[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,541[10] - The largest shareholder, Nanning Jianing Water Investment Group, holds 51.00% of shares, totaling 450,336,273 shares[10] - The company has no significant changes in the top 10 shareholders or their participation in margin trading[11] - The company reported no significant related party transactions among the top shareholders[10] Research and Development - Research and development expenses for the first three quarters were ¥4,005,066.02, slightly up from ¥3,800,144.29, indicating a focus on innovation[17] - The company's research and development expenses for the first three quarters were CNY 4,005,066.02, slightly up from CNY 3,800,144.29, showing an increase of about 5.4%[27] Financial Challenges - The company reported a credit impairment loss of ¥54,997,378.38, which increased from a loss of ¥26,045,101.24 in the previous year, highlighting potential challenges in asset quality[18] - The company's financial expenses, including interest expenses, were CNY 360,305,647.80, compared to CNY 358,878,114.88 in the previous year, indicating a marginal increase of about 0.4%[27] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current reporting period[11] - The company has not adopted new accounting standards for the year 2025[31]