Financial Performance - For the third quarter of 2025, the company reported operating revenue of CNY 897,947,390.13, representing a year-on-year increase of 1.64%[7] - The total profit for the same period was CNY 301,376,528.50, reflecting a significant increase of 16.60% compared to the previous year[7] - Net profit attributable to shareholders reached CNY 249,244,399.42, marking a 24.24% increase year-on-year[7] - Basic earnings per share for the quarter were CNY 0.18, up 28.57% year-on-year[7] - Total revenue for the first three quarters of 2025 reached CNY 2,581,821,272.73, a slight increase from CNY 2,543,962,357.96 in the same period of 2024[29] - Operating profit for the first three quarters of 2025 was CNY 797,224,012.94, compared to CNY 648,158,421.93 in 2024, reflecting a growth of approximately 23.05%[29] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was CNY 626,476,719.98, up from CNY 503,638,784.18 in 2024, indicating a year-over-year increase of about 24.5%[32] - The company reported a net profit of CNY 648,050,724.45 for the first three quarters of 2025, compared to CNY 533,018,881.32 in 2024, showing a growth of around 21.5%[34] - The total comprehensive income for the first three quarters of 2025 was CNY 797,704,665.76, up from CNY 649,523,506.83 in 2024, indicating an increase of approximately 22.9%[34] - Total comprehensive income for the first three quarters of 2025 reached CNY 648,050,724.45, a 21.6% increase from CNY 533,018,881.32 in the same period of 2024[37] Cash Flow - The net cash flow from operating activities was CNY 690,973,459.83, which is a 35.12% increase compared to the same period last year[12] - Net cash flow from operating activities for the first three quarters of 2025 was CNY 1,323,217,522.86, up 25.4% from CNY 1,054,731,785.61 in 2024[41] - Cash inflow from operating activities totaled CNY 2,866,981,052.41, compared to CNY 2,582,988,602.32 in the previous year, marking an 11% increase[41] - Cash outflow for investment activities was CNY 210,023,987.83 in 2025, down from CNY 292,150,411.19 in 2024, indicating a reduction of 28.1%[44] - Cash inflow from investment activities totaled CNY 2,832,657.29, compared to CNY 12,921,679.46 in the previous year, reflecting a significant decrease[44] - The company received CNY 1,608,067,333.26 from financing activities, a decrease of 50.9% compared to CNY 3,275,503,155.28 in the previous year[47] - The company paid CNY 529,845,881.41 in dividends and interest, which is an increase from CNY 506,122,975.12 in 2024[47] - The net increase in cash and cash equivalents for the first three quarters of 2025 was approximately 415.82 million, compared to 31.98 million in the same period of 2024, indicating significant growth[50] - The cash and cash equivalents at the end of the third quarter of 2025 stood at approximately 1.28 billion, up from 1.06 billion at the end of the third quarter of 2024, reflecting a year-over-year increase of about 20.3%[50] - The initial cash and cash equivalents balance for the first three quarters of 2025 was approximately 867.81 million, compared to 1.03 billion in the same period of 2024, showing a decrease of about 15.9%[50] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 22,041,952,419.69, a slight increase of 0.24% from the previous year[7] - As of September 30, 2025, the total assets of the company amounted to RMB 22,041,952,419.69, compared to RMB 21,988,772,935.44 as of December 31, 2024, reflecting a slight increase[23] - Total liabilities as of September 30, 2025, amounted to CNY 13,187,069,026.16, a decrease from CNY 13,459,982,502.46 at the end of 2024[26] - Current liabilities totaled CNY 2,104,495,310.81 as of September 30, 2025, down from CNY 2,658,377,775.47 at the end of 2024, representing a reduction of approximately 20.8%[26] - Long-term borrowings increased to CNY 7,773,800,444.74 as of September 30, 2025, compared to CNY 7,528,412,016.81 at the end of 2024, reflecting an increase of about 3.26%[26] - The total equity attributable to shareholders of the parent company rose to CNY 8,414,108,898.22 as of September 30, 2025, compared to CNY 8,052,817,092.46 at the end of 2024, marking an increase of approximately 4.49%[26] - The company reported a total of RMB 4,716,432,443.35 in current assets as of September 30, 2025, compared to RMB 4,123,624,060.69 at the end of 2024[23] - The company’s long-term assets totaled RMB 17,325,519,976.34 as of September 30, 2025, down from RMB 17,865,148,874.75 at the end of 2024[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,112, indicating a stable shareholder base[13] - The top shareholder, Beijing State-owned Assets Management Co., Ltd., holds 32.63% of the shares, reflecting strong institutional support[14] - The company completed a free transfer of 139,345,273 shares, representing 10.00% of the total share capital, from Beijing State-owned Assets Management Company to its wholly-owned subsidiary[18] - After the share transfer, Beijing State-owned Assets directly holds 32.63% of the company's shares, maintaining a combined holding of 44.42%[19] Convertible Bonds - The company’s convertible bonds, listed on March 23, 2022, have an adjusted conversion price of RMB 9.15 per share effective from July 30, 2025[20] - As of September 30, 2025, a total of RMB 136,000 of the convertible bonds have been converted into 14,021 shares, accounting for 0.0010% of the total shares issued prior to conversion[20] Operational Metrics - In Q3 2025, the total waste processed by the company's subsidiaries reached 3.7676 million tons, with a total electricity generation of 1,327,543.1 MWh, and a total steam supply of 27,260 tons[21] - For the first three quarters of 2025, the cumulative waste processed was 10.9219 million tons, representing a year-on-year growth of 2.00%[21] - The cumulative electricity generation for the same period was 386,672.28 MWh, with a year-on-year increase of 1.17%[21] Cost Management - The company has actively pursued cost reduction and efficiency improvement strategies, contributing to the increase in revenue and profit margins[12]
绿色动力环保(01330) - 2025 Q3 - 季度业绩