HSPC(SH:603353)2025-10-30 09:20Financial Performance - The company's operating revenue for the third quarter was CNY 670,068,592.88, a decrease of 11.23% compared to the same period last year[5]. - Total profit for the quarter was CNY 9,996,195.13, down 49.38% year-over-year[5]. - Net profit attributable to shareholders was CNY 7,757,311.41, reflecting a decline of 50.65% compared to the previous year[5]. - The net profit after deducting non-recurring gains and losses was CNY 4,486,778.76, a decrease of 48.10% year-over-year[5]. - Basic earnings per share for the quarter were CNY 0.04, down 55.56% from the same period last year[6]. - The company reported a significant decline in total profit for the year-to-date period, down 52.04% due to fluctuations in crude oil prices and narrowing price spreads[9]. - Net profit for the first three quarters of 2025 was CNY 21,690,182.52, a decrease of 49.7% compared to CNY 43,060,519.69 in 2024[19]. - Basic and diluted earnings per share for 2025 were both CNY 0.13, down from CNY 0.25 in 2024[20]. Assets and Liabilities - Total assets at the end of the quarter were CNY 1,952,226,649.38, a decrease of 3.69% from the end of the previous year[6]. - As of September 30, 2025, the company's total assets amounted to CNY 1,952,226,649.38, a decrease from CNY 2,027,064,586.00 as of December 31, 2024[15]. - Current assets increased to CNY 735,096,063.21 from CNY 579,473,768.13, reflecting a growth of approximately 27%[14]. - Total liabilities decreased to CNY 298,144,386.05 from CNY 360,488,466.20, representing a reduction of approximately 17%[16]. - The company's equity attributable to shareholders decreased to CNY 1,649,288,414.25 from CNY 1,661,666,283.78, a decline of about 0.75%[16]. - The total equity of the company as of September 30, 2025, was CNY 1,654,082,263.33, down from CNY 1,666,576,119.80[16]. Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 429,161,916.97, an increase of 260.35%[5]. - Cash flow from operating activities generated a net cash inflow of CNY 429,161,916.97 in 2025, compared to CNY 119,095,534.86 in 2024, indicating a significant increase[21]. - Cash flow from investing activities resulted in a net outflow of CNY 180,211,627.43 in 2025, worsening from a net outflow of CNY 149,532,794.87 in 2024[22]. - Cash flow from financing activities showed a net outflow of CNY 106,818,933.79 in 2025, compared to a net outflow of CNY 42,677,481.84 in 2024[22]. - The total cash and cash equivalents at the end of September 2025 were CNY 297,859,881.37, up from CNY 80,211,593.74 at the end of September 2024[22]. - The company's cash and cash equivalents rose to CNY 311,805,606.85, up from CNY 170,228,971.89, indicating an increase of about 83%[14]. Inventory and Expenses - Inventory increased to CNY 236,546,236.87 from CNY 195,018,158.26, showing a growth of approximately 21%[15]. - Accounts payable rose to CNY 16,052,768.53 from CNY 10,576,737.11, reflecting an increase of about 52%[15]. - The company experienced a decrease in sales expenses to CNY 116,890,528.47 in 2025 from CNY 121,567,257.16 in 2024, a reduction of about 3.5%[18]. - Total operating costs increased to CNY 2,113,365,128.96 in 2025 from CNY 2,084,615,945.84 in 2024, marking an increase of about 1.4%[18]. - The company reported an increase in investment income to CNY 14,193,157.73 in 2025 from CNY 10,076,094.70 in 2024, reflecting a growth of approximately 40.5%[18].