GXED(SH:600617)2025-10-30 08:30Financial Performance - The company's operating revenue for Q3 2025 was ¥3,240,706,427.35, a decrease of 7.78% compared to the same period last year[4]. - The total profit for the period was -¥67,931,373.63, with a year-to-date profit of ¥109,165,773.90, reflecting a 27.05% increase year-on-year[4]. - The net profit attributable to shareholders was -¥84,050,664.37, while the year-to-date figure was -¥9,223,570.90[4]. - The basic and diluted earnings per share for the current period were both -¥0.05[4]. - Total operating revenue for the first three quarters of 2025 was approximately ¥11.46 billion, a decrease of 3.7% compared to ¥11.91 billion in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was a loss of approximately ¥3.40 million, compared to a loss of ¥1.89 million in the same period of 2024[19]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period increased by 94.32% to ¥1,612,569,760.11[4]. - In the first three quarters of 2025, the net cash flow from operating activities was CNY 1,612,569,760.11, a significant increase from CNY 829,851,287.99 in the same period of 2024, representing a growth of approximately 94.3%[21]. - Cash received from the sale of goods and services in the first three quarters of 2025 was CNY 14,236,666,937.03, slightly up from CNY 14,144,193,928.43 in 2024, marking an increase of approximately 0.65%[21]. - The total cash outflow from operating activities in the first three quarters of 2025 was CNY 13,051,312,172.72, down from CNY 13,750,058,001.01 in 2024, indicating a reduction of about 5.1%[21]. - The total cash and cash equivalents at the end of the first three quarters of 2025 amounted to CNY 1,894,849,277.89, compared to CNY 2,025,406,315.22 at the end of the same period in 2024, showing a decrease of about 6.4%[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥25,350,483,971.22, down 5.87% from the end of the previous year[4]. - Current assets totaled ¥4,771,241,806.03, down from ¥5,664,678,374.22, indicating a decrease of about 15.69%[14]. - The company's total liabilities decreased to approximately ¥20.60 billion in 2025 from ¥22.18 billion in 2024, reflecting a reduction of about 7.2%[16]. - The total liabilities and equity of the company amounted to approximately ¥25.35 billion in 2025, down from ¥26.93 billion in 2024, a decrease of about 5.8%[16]. - The company’s total current liabilities were approximately ¥8.02 billion in 2025, a decrease from ¥8.25 billion in 2024, reflecting a reduction of about 2.7%[16]. Shareholder Information - The company reported a total of 48,375 common shareholders at the end of the reporting period[12]. - The largest shareholder, Huaxin Gas Group Co., Ltd., holds 46.19% of the shares, totaling 891,136,436 shares[12]. - The company has no significant changes in the participation of major shareholders in margin trading or securities lending activities[12]. Expenses and Investments - Research and development expenses increased significantly to approximately ¥10.65 million in 2025, up from ¥5.07 million in 2024, marking a rise of 109.5%[18]. - The company reported a decrease in financial expenses to approximately ¥418.69 million in 2025 from ¥535.97 million in 2024, a reduction of about 22%[18]. - The cash inflow from the disposal of fixed assets and other long-term assets in 2025 was CNY 25,123,448.72, compared to CNY 4,859,634.99 in 2024, reflecting a significant increase of about 417.5%[21]. - The cash outflow for purchasing fixed assets and other long-term assets in the first three quarters of 2025 was CNY 256,542,730.57, compared to CNY 235,493,268.13 in 2024, indicating an increase of approximately 8.9%[22].