CCS(SH:600180)2025-10-28 11:40Financial Performance - The company's operating revenue for the third quarter was CNY 6,550,642,652.55, a decrease of 19.83% compared to the same period last year[4] - The total profit for the third quarter was CNY 20,164,442.68, while the net profit attributable to shareholders was CNY 17,818,699.90, reflecting a decline of 45.20% and 40.34% respectively year-to-date[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was CNY 24,706,582.78, down 71.02% year-on-year[4] - The basic and diluted earnings per share for the third quarter were CNY 0.0165, a decrease of 40.36% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 was CNY 16,014,268,703.33, a decrease of 29.2% compared to CNY 22,545,576,279.88 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 77,980,160.06, a decline of 41.7% from CNY 133,743,232.41 in the same period of 2024[20] - Basic earnings per share for the first three quarters of 2025 were CNY 0.0693, down from CNY 0.1162 in the previous year, reflecting a decrease of 40.4%[21] - The total comprehensive income for the first three quarters of 2025 was CNY 33,948,833.71, a decrease of 64.7% from CNY 96,149,323.44 in the same period of 2024[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 30,854,176,419.24, a decrease of 1.19% from the end of the previous year[5] - The total current assets as of September 30, 2025, amount to RMB 17,373,720,521.19, a decrease from RMB 17,845,966,117.92 as of December 31, 2024[14] - The company's total liabilities amounted to CNY 22,922,174,931.56, slightly down from CNY 23,286,853,805.22 in the previous year[17] - The company's total liabilities include accounts payable of RMB 12,251,419,845.47, which increased from RMB 10,689,874,030.95[15] - Short-term borrowings decreased to RMB 2,769,331,751.47 from RMB 3,395,753,441.32, reflecting a reduction of about 18.4%[15] Shareholder Information - The equity attributable to shareholders at the end of the reporting period was CNY 7,881,833,047.08, a slight decrease of 0.08% compared to the previous year[5] - The total equity attributable to shareholders was CNY 7,881,833,047.08, compared to CNY 7,888,493,976.49 in the previous year, indicating a marginal decrease[17] - The company has a total of 28,992 common shareholders at the end of the reporting period[11] - The largest shareholder, Zhengzhou Ruimao Supply Chain Co., Ltd., holds 51.02% of the shares, with 424,400,000 shares pledged[12] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 42,206,673.53, indicating a reduction in cash outflows for purchases and services[5] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 16,244,628,166.24, a decrease of 21.5% compared to CNY 20,639,581,196.21 in the same period of 2024[23] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 42,206,673.53, a significant improvement from a net outflow of CNY 364,095,392.22 in the first three quarters of 2024[24] - Cash inflow from financing activities in the first three quarters of 2025 was CNY 5,840,566,217.17, down 32.5% from CNY 8,674,587,843.08 in the same period of 2024[24] - The net cash flow from financing activities for the first three quarters of 2025 was a negative CNY 247,968,558.71, compared to a positive CNY 291,241,703.78 in the first three quarters of 2024[24] Other Financial Metrics - The company reported a significant decline in gross profit margin, which contributed to the decrease in total profit year-to-date[10] - The company incurred financial expenses of CNY 291,821,926.72, an increase from CNY 209,527,264.17 in the same period of 2024, representing a rise of 39.1%[19] - The company reported an investment income of CNY 172,443,334.43 for the first three quarters of 2025, a significant improvement from a loss of CNY 86,390,292.87 in the same period of 2024[20] - Other comprehensive income after tax for the first three quarters of 2025 was CNY -44,031,326.35, compared to CNY -37,593,908.97 in the previous year[21] - Cash outflow from investing activities in the first three quarters of 2025 was CNY 278,130,461.91, down from CNY 815,777,234.81 in the same period of 2024, indicating a reduction of 65.9%[24]