TEC(SH:600780)2025-10-29 09:30Financial Performance - The company's operating revenue for the third quarter reached CNY 2,624,199,909.48, representing a year-on-year increase of 0.98%[4] - Total profit for the quarter was CNY 212,775,354.55, reflecting a significant increase of 28.50% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 172,442,398.11, marking a 29.89% increase year-on-year[4] - The basic earnings per share for the quarter was CNY 0.1504, up by 29.88% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥8,184,807,997.35, an increase of 4.1% compared to ¥7,861,816,037.43 in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥621,734,992.66, up 27.0% from ¥489,356,879.45 in the first three quarters of 2024[18] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥486,645,681.02, a rise of 26.7% from ¥384,386,390.19 in the same period of 2024[19] - Earnings per share for the first three quarters of 2025 were ¥0.4245, up from ¥0.3353 in the same period of 2024, reflecting a growth of 26.6%[19] Asset and Equity Growth - The company's total assets at the end of the reporting period amounted to CNY 11,094,200,041.45, an increase of 5.30% from the end of the previous year[5] - The total equity attributable to shareholders increased to CNY 8,199,006,568.43, reflecting a growth of 6.60% from the previous year[5] - As of September 30, 2025, the total assets of Shanxi Tongbao Energy Co., Ltd. amounted to CNY 11,094,200,041.45, an increase from CNY 10,536,170,282.47 as of December 31, 2024, reflecting a growth of approximately 5.3%[13] - Current assets increased to CNY 4,242,440,878.51 from CNY 3,786,384,237.97, representing a rise of about 12.1%[13] - Cash and cash equivalents rose significantly to CNY 3,208,405,831.95 from CNY 2,470,162,129.66, marking an increase of approximately 29.9%[13] - Total equity attributable to shareholders of the parent company rose to ¥8,199,006,568.43 in 2025, compared to ¥7,691,509,462.35 in 2024, marking an increase of 6.6%[18] Cash Flow and Financial Management - Cash flow from operating activities for the year-to-date period was CNY 1,141,237,281.19, showing a growth of 16.37%[4] - The net cash flow from operating activities was CNY 1,141,237,281.19, an increase from CNY 980,698,159.24 in the previous period, representing a growth of approximately 16.4%[21] - The total cash inflow from operating activities amounted to CNY 9,756,125,273.48, compared to CNY 9,262,245,818.37, indicating an increase of about 5.3%[21] - Cash outflow from operating activities totaled CNY 8,614,887,992.29, up from CNY 8,281,547,659.13, reflecting a rise of approximately 4.0%[21] - The net cash flow from financing activities was CNY 66,583,842.56, a recovery from a negative cash flow of CNY -333,026,112.42 in the previous period[22] - The company received CNY 343,781,573.00 from borrowings, indicating a strong financing activity during the period[22] - The cash outflow for dividend distribution and interest payments was CNY 7,887,719.17, down from CNY 213,528,378.79, showing a significant reduction in cash outflow for this category[22] Cost Management and Expenses - The net profit excluding non-recurring gains and losses increased by 32.53%, attributed to improved cost management and higher sales volume[9] - The company reported a decrease in management expenses to ¥247,831,035.92 in 2025 from ¥323,699,197.55 in 2024, a reduction of 23.4%[18] - The company’s financial expenses showed a significant improvement, with a net financial income of ¥1,971,380.88 in 2025 compared to an expense of ¥1,522,601.53 in 2024[18] Other Financial Information - The company received government subsidies amounting to CNY 4,294,824.55 during the quarter, contributing to its financial performance[7] - The total liabilities increased to ¥2,932,408,862.56 in 2025 from ¥2,880,949,866.40 in 2024, reflecting a growth of 1.8%[18] - The company reported a significant increase in other receivables, which decreased to CNY 56,607,204.69 from CNY 144,490,723.98, a decline of about 60.8%[14] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[13] - There are no significant changes in the shareholder structure or any related party transactions reported[12]