中钢国际(000928) - 2025 Q3 - 季度财报

Financial Performance - Q3 2025 revenue was CNY 2,429,968,512.58, a decrease of 31.14% year-over-year[5] - Net profit attributable to shareholders was CNY 131,329,946.31, down 40.46% compared to the same period last year[5] - Basic earnings per share decreased by 40.40% to CNY 0.0916[5] - Total operating revenue for the period was RMB 9,174,930,488.96, a decrease of 27.5% compared to RMB 12,602,509,709.26 in the previous period[17] - The company's net profit for the current period is CNY 579,661,144.31, a decrease of 13.2% compared to CNY 667,768,977.86 in the previous period[18] - Operating profit for the current period is CNY 754,532,030.43, down 11.9% from CNY 856,387,517.32 in the previous period[18] - Total revenue from operating activities is CNY 10,409,759,136.62, a decrease from CNY 10,643,305,633.62 in the previous period[19] - The company reported a net profit margin of approximately 8.7% for the period, down from 10.0% in the previous period[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,833,064,823.35, a decline of 5.97% from the previous year[5] - Total assets decreased to RMB 25,833,064,823.35 from RMB 27,473,904,977.09, a decline of 6.0%[16] - Total liabilities decreased to RMB 17,059,530,550.59 from RMB 18,815,899,381.68, a reduction of 9.3%[16] - The company's equity attributable to shareholders increased to RMB 8,448,481,820.02 from RMB 8,335,161,383.51, an increase of 1.4%[16] Cash Flow - The company reported a net cash flow from operating activities of CNY -1,211,225,236.89, an increase of 69.60% year-to-date[5] - The net cash flow from operating activities is -CNY 1,211,225,236.89, an improvement from -CNY 3,984,755,637.49 in the previous period[19] - Cash and cash equivalents at the end of the period were RMB 8,059,032,780.01, a decrease of 19.7% from RMB 10,048,775,120.77 at the beginning of the period[14] - Cash and cash equivalents at the end of the period amount to CNY 7,083,180,167.31, compared to CNY 3,510,442,267.01 at the end of the previous period[20] - The company experienced a net cash outflow from financing activities of -CNY 705,997,648.24, worsening from -CNY 527,515,165.22 in the previous period[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 54,276[11] - The largest shareholder, China Steel Capital Holdings Co., Ltd., holds 48.65% of the shares[11] Operating Costs and Expenses - Total operating costs amounted to RMB 8,373,516,083.63, down 28.5% from RMB 11,733,817,205.54 in the prior period[17] - Research and development expenses increased to CNY 225,435,037.74 from CNY 213,853,837.80, reflecting a growth of 5.5%[18] - The company reported a decrease in financial expenses, with interest expenses at CNY 34,155,088.65, down from CNY 40,866,215.08[18] Inventory and Receivables - Accounts receivable decreased to RMB 3,192,581,780.78 from RMB 3,825,479,332.53, reflecting a reduction of 16.5%[14] - Inventory increased to RMB 1,362,428,205.28, up 50.8% from RMB 903,301,622.49[15] Business Strategy - The company is optimizing its business structure and cautiously undertaking domestic projects, contributing to the revenue decline[9] Non-Recurring Items - Non-recurring gains and losses totaled CNY 3,055,158.90 for the current period[7]