潞安环能(601699) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥7,030,680,823.03, a decrease of 21.83% compared to the same period last year[4] - Total profit for the quarter was ¥232,895,003.82, down 78.18% year-on-year[4] - Net profit attributable to shareholders was ¥206,049,621.12, reflecting a decline of 63.96% compared to the previous year[4] - The basic earnings per share decreased by 65% to ¥0.07, while diluted earnings per share also fell by 65% to ¥0.07[5] - Operating profit for the first three quarters of 2025 was CNY 1,949,140,326.14, a decline of 59.8% compared to CNY 4,846,185,341.89 in 2024[21] - Net profit for the first three quarters of 2025 was CNY 1,216,841,039.60, a decrease of 64.7% from CNY 3,442,657,742.83 in 2024[21] - Earnings per share for the first three quarters of 2025 was CNY 0.52, down from CNY 0.94 in 2024[22] - The net profit for the first three quarters of 2025 reached approximately ¥1.99 billion, representing an increase of 16.4% from ¥1.71 billion in the first three quarters of 2024[32] - The basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.66, an increase from ¥0.57 in the same period of 2024[32] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,678,233,752.90, down 28.26% year-on-year[4] - In the first three quarters of 2025, the company generated cash inflows from operating activities amounting to ¥24.01 billion, a decrease of 13.5% compared to ¥27.80 billion in the same period of 2024[24] - The net cash flow from operating activities for the first three quarters of 2025 was ¥2.68 billion, down 28.2% from ¥3.73 billion in the first three quarters of 2024[24] - The total cash outflow from operating activities was ¥21.33 billion, a reduction of 11.4% compared to ¥24.06 billion in the previous year[24] - The company reported cash inflows from investment activities of ¥2.94 billion, down 18.0% from ¥3.59 billion in the same period of 2024[25] - The net cash flow from investment activities was negative at ¥107.67 million, an improvement from a negative ¥240.29 million in the first three quarters of 2024[25] - Cash inflows from financing activities totaled ¥1.56 billion, with cash outflows amounting to ¥3.17 billion, resulting in a net cash flow of -¥1.61 billion[26] - The company's cash and cash equivalents at the end of September 2025 stood at ¥12.33 billion, compared to ¥21.16 billion at the end of 2024, reflecting a decrease of 41.8%[26] - The cash and cash equivalents at the end of the reporting period were approximately ¥13.68 billion, down from ¥19.09 billion at the end of the previous period[34] - The company’s investment activities generated a net cash flow of approximately ¥401.72 million in the first three quarters of 2025, compared to a negative cash flow of ¥565.51 million in the same period of 2024[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥80,932,022,164.36, an increase of 0.81% from the end of the previous year[5] - Total assets amounted to CNY 80,932,022,164.36, an increase from CNY 80,284,929,568.91 in the previous period[18] - Total liabilities increased to CNY 32,738,287,005.28 from CNY 32,309,090,472.77[18] - The company's total liabilities amounted to ¥30.38 billion, up from ¥29.45 billion in the previous year, indicating a rise of 3.2%[28] - The company's current assets totaled ¥33.67 billion, an increase of 6.0% compared to ¥31.77 billion at the end of 2024[27] - The total number of common shareholders at the end of the reporting period is 73,220[12] - The largest shareholder, Shanxi Lu'an Mining (Group) Co., Ltd., holds 1,287,926,512 shares, representing 43.05% of total shares[12] - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, with the top two shareholders alone holding over 61%[12] Operational Metrics - The company achieved a total coal sales revenue of 1,953,159,000 CNY, with a sales cost of 1,245,370,000 CNY, resulting in a gross profit of 707,789,000 CNY[14] - The company produced 42.45 million tons of raw coal and sold 37.58 million tons of commercial coal during the reporting period[14] - The average selling price of commercial coal was 519.76 CNY per ton[14] - Research and development expenses for the first three quarters of 2025 were approximately ¥659.44 million, up from ¥623.21 million in the same period of 2024, indicating a focus on innovation[31] Investment and Income - The company reported an investment income of CNY 87,467,892.81, compared to a loss of CNY 11,702,392.54 in the previous year[21] - The company experienced a credit impairment loss of CNY -131,262,239.29, worsening from CNY -48,012,036.61 in the previous year[21] - The company reported a financial income of approximately ¥336.61 million in the first three quarters of 2025, a decrease from ¥676.44 million in the same period of 2024[31]