CECO(SH:603698)2025-10-29 08:25Financial Performance - The company's operating revenue for Q3 2025 reached ¥999,624,450.56, representing a year-on-year increase of 77.42%[4] - The total profit for the period was ¥55,887,067.88, showing a decrease of 3.38% compared to the same period last year[4] - Net profit attributable to shareholders was ¥37,621,747.51, reflecting a slight increase of 2.27% year-on-year[4] - The company experienced a 79.16% increase in operating revenue from the beginning of the year to the end of the reporting period, driven by stable growth in the clean coal utilization business and the full consolidation of the acquired aerospace hydrogen energy business[9] - Total operating revenue for the first three quarters of 2025 reached RMB 2,987,192,588.82, a significant increase from RMB 1,667,372,001.52 in the same period of 2024, representing an increase of approximately 79.3%[21] - The company reported total revenue from sales of goods and services of CNY 1,428,788,691.95, compared to CNY 1,067,829,924.24 in the previous period, marking a growth of approximately 34%[26] - The total profit for the current period is CNY 229,471,040.43, an increase from CNY 171,549,199.25 in the previous period[22] Cash Flow and Assets - The net cash flow from operating activities was reported as -¥732,540,388.32, indicating significant cash outflows[4] - The net cash flow from operating activities is -CNY 732,540,388.32, worsening from -CNY 449,396,679.16 in the previous period[26] - Cash and cash equivalents decreased to RMB 1,852,789,682.69 from RMB 2,872,069,411.78 at the end of 2024, indicating a decline of approximately 35.4%[18] - Cash and cash equivalents at the end of the period decreased to CNY 1,823,995,808.04 from CNY 1,893,953,858.23[27] - The company’s total cash outflow from investing activities was CNY 118,505,556.64, compared to CNY 181,134,153.81 in the previous period[27] - The net cash flow from financing activities was -CNY 139,478,500.79, a decrease from a positive cash flow of CNY 11,418,677.23 in the previous period[27] Assets and Liabilities - The company’s total assets at the end of the reporting period were ¥8,316,246,279.04, a decrease of 2.44% from the end of the previous year[6] - As of September 30, 2025, total assets were RMB 8,316,246,279.04, a decrease from RMB 8,524,314,639.39 at the end of 2024[19] - Current assets totaled RMB 4,766,849,890.54 as of September 30, 2025, down from RMB 4,920,005,005.60 at the end of 2024[18] - Total liabilities decreased to RMB 3,220,490,352.42 from RMB 3,556,820,587.17, indicating a reduction of about 9.5%[20] - Shareholders' equity increased to RMB 5,095,755,926.62 from RMB 4,967,494,052.22, representing an increase of approximately 2.6%[20] Profitability and Expenses - The weighted average return on net assets was 1.09%, an increase of 3.90 percentage points compared to the previous year[6] - The basic earnings per share for the period was ¥0.07, unchanged from the previous year[4] - The company reported a net profit margin improvement due to increased revenue, although specific net profit figures were not disclosed in the provided content[21] - The company's operating profit for the current period is CNY 229,439,833.99, an increase of 34% compared to CNY 171,331,246.15 in the previous period[22] - Net profit attributable to shareholders of the parent company is CNY 134,487,316.84, up from CNY 127,571,434.01, reflecting a growth of approximately 7%[23] - Research and development expenses increased to CNY 154,079,645.59, a rise of 60% from CNY 96,231,700.86 in the previous period[22] - The company incurred financial expenses of CNY 2,020,649.45, compared to a financial income of CNY 54,054,362.43 in the previous period[22] Government Support - The company received government subsidies amounting to ¥635,437.16 during the period, contributing to its non-recurring gains[8]