ZCE(SH:600121)2025-10-30 09:35Financial Performance - The company's operating revenue for the third quarter was ¥830,350,816.32, a decrease of 19.56% compared to the same period last year[5] - The total profit for the third quarter was -¥110,157,745.59, representing a decline of 304.66% year-on-year[5] - The net profit attributable to shareholders was -¥158,241,437.81, a significant drop of 6,123.80% compared to the previous year[5] - The basic earnings per share for the third quarter was -¥0.1299, reflecting a decrease of 6,004.55% year-on-year[6] - Total operating revenue for the first three quarters of 2025 was ¥2,668,025,284.66, a decrease of 16.5% compared to ¥3,194,491,237.25 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was a loss of ¥281,236,180.67, compared to a profit of ¥82,008,384.45 in 2024, representing a significant decline[22] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.3137, compared to ¥0.0107 in 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,780,421,074.05, down 1.31% from the end of the previous year[6] - The equity attributable to shareholders decreased by 18.41% to ¥1,532,787,994.27 compared to the end of the previous year[6] - Current assets totaled CNY 4,289,858,214.66, down from CNY 4,379,390,444.70, indicating a decrease of about 2.04%[16] - The company's total liabilities as of the latest reporting period were ¥10,845,425,171.49, slightly up from ¥10,802,050,932.15 in the previous year[18] - The total equity attributable to shareholders of the parent company decreased to ¥1,532,787,994.27 from ¥1,878,560,316.92, reflecting a decline of 18.4%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥45,696,733.35, a decrease of 86.21% compared to the same period last year[6] - The company's net cash flow from operating activities for the first three quarters of 2025 was ¥45,696,733.35, a decrease of 86.2% from ¥331,406,874.10 in 2024[24] - The net cash flow from investing activities was -132,974,482.42, an improvement from -154,455,545.62 in the previous period[25] - The net cash flow from financing activities was -153,424,294.79, a significant decline compared to a positive 5,663,765.20 in the previous period[25] - The company reported a net increase in cash and cash equivalents of -240,702,043.86, contrasting with an increase of 182,615,093.68 in the prior year[25] Shareholder Information - The company reported a total of 566,068,280 shares held by Zhengzhou Coal Industry Group Co., Ltd., representing 46.46% of the total shares[14] - The number of shares held by the top ten shareholders accounted for a significant portion of the company's equity, with the largest shareholder holding 566,068,280 shares[14] Operational Challenges - The company experienced a significant decline in coal prices, leading to a revenue drop of ¥182 million year-on-year for the third quarter[10] - The company reported an operating profit loss of ¥213,170,281.19 for the first three quarters of 2025, compared to an operating profit of ¥187,676,528.21 in 2024[21] - Investment income for the first three quarters of 2025 was ¥67,342,217.25, a decrease of 58.3% from ¥161,593,257.16 in 2024[20] Accounting Standards - The company will not apply new accounting standards starting from 2025[26]