ZPMC(SH:600320)2025-10-30 08:00Financial Performance - The company's operating revenue for the third quarter reached CNY 8,610,978,826, representing a year-on-year increase of 5.87%[4] - The total profit for the quarter was CNY 225,774,076, reflecting a year-on-year growth of 9.88%[4] - Net profit attributable to shareholders was CNY 179,439,030, which is a significant increase of 41.99% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses for the quarter surged by 656.54% to CNY 117,208,191[4] - The basic earnings per share for the quarter was CNY 0.033, up by 43.48% year-on-year[5] - Total operating revenue for the first three quarters of 2025 reached ¥26.01 billion, a 2.5% increase from ¥25.36 billion in the same period of 2024[20] - Operating profit for the first three quarters of 2025 was ¥769.40 million, up 21.8% from ¥631.99 million in 2024[20] - Net profit for the first three quarters of 2025 was ¥673.17 million, representing an increase of 11.5% compared to ¥603.86 million in 2024[21] - Basic earnings per share for the first three quarters of 2025 were ¥0.097, compared to ¥0.080 in the same period of 2024, reflecting a 21.3% increase[21] - The total comprehensive income for the first three quarters of 2025 was ¥674.22 million, up from ¥561.14 million in 2024, marking a 20.1% increase[21] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 2,780,969,110, showing an increase of 34.82%[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥2.78 billion, an increase of 34.8% from ¥2.06 billion in 2024[23] - Cash flow from investing activities for the first three quarters of 2025 was -¥206.79 million, an improvement from -¥727.26 million in 2024[24] - Cash flow from financing activities for the first three quarters of 2025 was -¥5.45 billion, compared to -¥2.64 billion in 2024, indicating increased cash outflow[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 82,204,138,277, a decrease of 4.15% from the end of the previous year[5] - As of September 30, 2025, the total assets of Shanghai Zhenhua Heavy Industries Group Co., Ltd. amounted to CNY 82.20 billion, a decrease from CNY 85.77 billion as of December 31, 2024, representing a decline of approximately 4.5%[14][16] - The company's current assets totaled CNY 44.27 billion as of September 30, 2025, down from CNY 46.94 billion at the end of 2024, indicating a decrease of about 5.7%[14] - The total liabilities decreased to CNY 63.62 billion as of September 30, 2025, compared to CNY 67.45 billion at the end of 2024, reflecting a reduction of approximately 5.2%[16] - The company's cash and cash equivalents were reported at CNY 2.96 billion, significantly lower than CNY 5.87 billion at the end of 2024, marking a decrease of around 49.7%[14] - Accounts receivable increased to CNY 7.99 billion as of September 30, 2025, compared to CNY 7.37 billion at the end of 2024, showing an increase of approximately 8.5%[14] - The company's inventory stood at CNY 24.60 billion, slightly up from CNY 24.55 billion at the end of 2024, indicating a marginal increase of about 0.2%[14] - Long-term borrowings decreased to CNY 15.37 billion as of September 30, 2025, down from CNY 17.79 billion at the end of 2024, representing a decline of approximately 13.6%[16] - The total equity attributable to shareholders increased to CNY 16.10 billion as of September 30, 2025, compared to CNY 15.87 billion at the end of 2024, reflecting an increase of about 1.5%[16] - The company's non-current assets totaled CNY 37.93 billion, a slight decrease from CNY 38.82 billion at the end of 2024, indicating a decline of approximately 2.3%[15] - The company's total liabilities to equity ratio improved to approximately 3.52 as of September 30, 2025, compared to 3.68 at the end of 2024, indicating a strengthening of the capital structure[16] Tax and Mergers - The company reported a tax expense of ¥101.52 million for the first three quarters of 2025, compared to ¥80.52 million in 2024, reflecting a 25.9% increase[21] - The company has not executed any mergers under common control during the reporting period, with no net profit reported from merged entities[22]