HWASU(SH:600935)2025-10-29 09:15Financial Performance - The company's operating revenue for the third quarter was CNY 1,262,047,242.40, a decrease of 11.16% compared to the same period last year[5] - The total profit for the third quarter was CNY 25,576,859.31, with a net profit attributable to shareholders of CNY 8,774,087.03, reflecting a significant loss of CNY 119,894,765.27 year-to-date[5] - The net profit attributable to shareholders for the third quarter was CNY 8,774,087.03, a significant improvement compared to the previous year's loss[10] - Total operating revenue for the first three quarters of 2025 was CNY 3,448,718,630.15, a decrease of 8.2% compared to CNY 3,758,257,085.01 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was a loss of CNY 119,894,765.27, an improvement from a loss of CNY 211,661,244.27 in the same period of 2024[20] Earnings and Shareholder Information - The basic earnings per share for the third quarter was CNY 0.0024, while the diluted earnings per share were not applicable[6] - The total number of common shareholders at the end of the reporting period is 50,373[13] - The largest shareholder, Huai Bei Mining Group Co., Ltd., holds 1,740,036,832 shares, representing 48.41% of total shares[13] - Basic earnings per share for the first three quarters of 2025 were CNY -0.03, an improvement from CNY -0.06 in the same period of 2024[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,912,477,746.74, a decrease of 3.73% from the end of the previous year[6] - Total current assets decreased to ¥1,073,320,294.77 from ¥1,230,814,319.26 year-over-year[16] - Total assets decreased to ¥9,912,477,746.74 from ¥10,296,235,529.17 year-over-year[16] - Total liabilities decreased to ¥3,925,561,995.00 from ¥4,388,200,005.96 year-over-year[17] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was CNY 268,798,014.06[5] - Operating cash flow for the first three quarters of 2025 was CNY 268,798,014.06, compared to a negative cash flow of CNY 16,496,927.37 in 2024[23] - The company reported a net cash outflow from investing activities of CNY -237,340,223.96, compared to CNY -1,051,776,397.06 in the previous year[23] - The company raised CNY 198,939,998.76 from investment activities in the first three quarters of 2025[23] Cost and Profitability - The increase in net profit for the third quarter was primarily driven by improved profitability of caustic soda products due to increased market demand and reduced raw material costs[10] - The company reported a decrease in the cost of major products, including caustic soda, due to lower prices of coal and other raw materials[11] - Total operating costs for the first three quarters of 2025 were CNY 3,512,675,992.42, down 12.1% from CNY 3,998,456,127.88 in 2024[19] Cash and Equivalents - The company's cash and cash equivalents as of September 30, 2025, amount to ¥641,274,515.48, a slight decrease from ¥652,086,548.15 on December 31, 2024[15] - The total cash and cash equivalents at the end of the period increased to $580,849,993.14 from $394,385,454.45[24] - The net increase in cash and cash equivalents was $25,124,779.61, contrasting with a decrease of $352,143,707.94 in the prior period[24] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 167,277,107.39, down from CNY 198,675,571.16 in 2024[19]