SANY(SH:600031)2025-10-30 08:40Financial Performance - The company's operating revenue for Q3 2025 reached CNY 21,207,370, an increase of 10.73% compared to CNY 19,152,505 in the same period last year[4] - Total profit for the quarter was CNY 2,322,193, reflecting a significant increase of 50.88% from CNY 1,539,127 year-over-year[4] - Net profit attributable to shareholders was CNY 1,919,279, up 48.18% from CNY 1,295,202 in the previous year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 66,104,144 thousand, a 13.0% increase from CNY 58,360,802 thousand in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 7,238,745 thousand, representing a 45.4% increase compared to CNY 4,978,862 thousand in the first three quarters of 2024[19] - Earnings per share for the first three quarters of 2025 were CNY 0.8455, up from CNY 0.5757 in the same period of 2024, reflecting a 47.0% increase[20] - Operating profit for the first three quarters of 2025 was CNY 8,392,531 thousand, an increase of 48.7% from CNY 5,645,269 thousand in the first three quarters of 2024[19] - The company's total profit for the first three quarters of 2025 was CNY 2,461,658 thousand, compared to CNY 149,652 thousand in 2024, reflecting a growth of about 1,546%[30] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 14,547,126, representing a 17.55% increase from CNY 12,375,235 in the same period last year[4] - Cash received from sales of goods and services in the first three quarters of 2025 was CNY 67,746,398 thousand, an increase from CNY 59,210,074 thousand in the same period of 2024[22] - The cash flow from operating activities showed a net inflow of CNY 681,347 thousand in 2025, contrasting with a net outflow of CNY 3,892,868 thousand in 2024[32] - The company reported a net cash outflow from financing activities of -9,281,958 thousand RMB in the first three quarters of 2025, an improvement from -11,541,280 thousand in 2024[24] - The net cash flow from investing activities for the first three quarters of 2025 was -8,492,013 thousand RMB, compared to -229,115 thousand RMB in 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 156,896,818, marking a 3.12% increase from CNY 152,145,076 at the end of the previous year[5] - The company's current assets totaled RMB 107,733,751 thousand as of September 30, 2025, compared to RMB 101,505,319 thousand at the end of 2024, indicating an increase of about 6.3%[14] - The total liabilities of the company reached RMB 82,360,539 thousand as of September 30, 2025, up from RMB 79,143,477 thousand at the end of 2024, reflecting an increase of approximately 2.8%[15] - The total equity of SANY Heavy Industry was RMB 74,536,279 thousand as of September 30, 2025, compared to RMB 72,001,599 thousand at the end of 2024, showing an increase of approximately 3.5%[15] - Total assets as of September 30, 2025, amounted to CNY 156,896,818 thousand, compared to CNY 152,145,076 thousand at the end of 2024, indicating a growth of 3.0%[16] Shareholder Information - The company reported a total of 452,943 common shareholders at the end of the reporting period[11] - The largest shareholder, SANY Group Co., Ltd., holds 2,480,088,257 shares, representing 29.27% of the total shares[11] Cost and Expenses - Total operating costs for the first three quarters of 2025 were CNY 57,272,871 thousand, up 8.7% from CNY 52,830,334 thousand in the same period of 2024[18] - Financial expenses for the first three quarters of 2025 showed a net income of CNY -622,126 thousand, a significant improvement compared to CNY 277,624 thousand in the same period of 2024[18] - Research and development expenses for the first three quarters of 2025 were 149,766 thousand RMB, a decrease of 27.0% compared to 205,253 thousand RMB in 2024[29] - The company incurred interest expenses of CNY 102,767 thousand in the first three quarters of 2025, down from CNY 210,051 thousand in 2024, indicating a reduction of about 51%[30] Comprehensive Income - Other comprehensive income after tax for the first three quarters of 2025 was CNY 463,946 thousand, compared to a loss of CNY -110,132 thousand in the same period of 2024[19] - The total comprehensive income for the first three quarters of 2025 was CNY 2,547,914 thousand, a substantial increase from CNY 247,297 thousand in 2024, marking a growth of approximately 926%[31]