QJSL(SH:600283)2025-10-30 08:40Financial Performance - The company's operating revenue for the third quarter reached ¥626,305,208.34, an increase of 14.34% compared to the same period last year[5] - Total profit for the quarter was ¥139,284,428.70, reflecting an 8.71% increase year-over-year[5] - Net profit attributable to shareholders was ¥78,113,104.50, showing a decrease of 2.82% compared to the previous year[5] - The basic earnings per share for the quarter was ¥0.14, down 12.50% from the same period last year[6] - Total operating revenue for the first three quarters of 2025 reached CNY 1,679,178,326.40, an increase of 7.34% compared to CNY 1,564,145,779.27 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was CNY 253,773,238.44, representing a 6.73% increase from CNY 237,743,918.85 in 2024[21] - The company reported a gross profit margin of approximately 22.5% for the first three quarters of 2025, compared to 20.5% in the same period of 2024[20] - The total comprehensive income for the first three quarters of 2025 was CNY 173.66 million, compared to CNY 87.90 million in 2024[31] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥9,790,828,444.56, a decrease of 5.04% from the end of the previous year[6] - The company's total liabilities amounted to CNY 5,944,440,053.11, a decrease of 8.91% from CNY 6,526,475,454.68 in the previous year[18] - The total equity attributable to shareholders of the parent company was CNY 3,105,866,848.82, an increase from CNY 3,062,157,342.88 in 2024[18] - The total assets as of September 30, 2025, were CNY 4,130,108,702.55, down from CNY 4,884,997,837.60 at the end of 2024, reflecting a decrease of about 15.4%[26] - Current liabilities decreased to CNY 941,629,087.66 in 2025 from CNY 1,788,025,373.53 in 2024, a reduction of approximately 47.4%[28] Cash Flow - Cash flow from operating activities for the year-to-date was ¥239,472,291.16, down 18.72% compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 1,737,811,804.03, an increase from CNY 1,648,863,350.90 in the same period of 2024, representing a growth of approximately 5.5%[24] - Net cash flow from operating activities decreased to CNY 239,472,291.16 in 2025 from CNY 294,631,648.80 in 2024, a decline of about 18.7%[24] - Cash inflow from financing activities decreased significantly to CNY 1,007,609,516.15 in 2025 from CNY 1,692,127,382.07 in 2024, a drop of approximately 40.5%[25] - The company reported a net cash flow from operating activities of -CNY 24.04 million in 2025, worsening from -CNY 1.53 million in 2024[33] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,007[12] - The largest shareholder, China Water Investment Group Co., Ltd., holds 182,468,990 shares, accounting for 32.54% of total shares[12] - The company reported a total of 165,811,281 unrestricted circulating shares held by the largest shareholder[13] - The company has no significant changes in the shareholder structure or any related party transactions during the reporting period[14] Investment and Expenses - Investment income increased by 244.45%, attributed to higher equity method investment returns[10] - The company experienced a 173.40% increase in tax and additional charges, mainly due to the implementation of new water resource taxes[10] - Research and development expenses for the first three quarters of 2025 were CNY 19,695,543.39, a decrease of 16.5% from CNY 23,661,388.59 in 2024[20] - The company incurred financial expenses of CNY 20.31 million in 2025, down from CNY 28.03 million in 2024[30] - Research and development expenses increased to CNY 0.33 million in 2025 from CNY 0.92 million in 2024, indicating a focus on innovation[30] Future Outlook - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency in the upcoming quarters[20]