SCMC(SH:600984)2025-10-30 09:45Financial Performance - The company's operating revenue for Q3 2025 was ¥649,301,558.31, a decrease of 2.20% compared to the same period last year[4] - The total profit for Q3 2025 was -¥582,909,002.81, reflecting a significant decline of 218.11% year-over-year[4] - The net profit attributable to shareholders for Q3 2025 was -¥492,624,398.94, down 138.32% from the previous year[4] - The basic earnings per share for Q3 2025 was -¥0.3919, a decline of 138.38% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2025 was approximately ¥1.77 billion, a decrease of 10.65% compared to ¥1.98 billion in the same period of 2024[26] - Net loss for the first three quarters of 2025 was approximately ¥940 million, compared to a net loss of approximately ¥628 million in the same period of 2024, representing a 49.7% increase in losses[27] - Operating profit for the first three quarters of 2025 was approximately -¥1.12 billion, worsening from -¥730 million in 2024[26] - The basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.7478, compared to -¥0.4995 in 2024[27] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥238,390,584.33, an increase of 1,068.48% compared to the same period last year[4] - The company's cash and cash equivalents decreased by 39.83% to ¥799,374,868.45 from ¥1,328,549,874.01[15] - Cash flow from operating activities for the first three quarters of 2025 was approximately ¥238 million, significantly up from ¥20 million in 2024[29] - Cash flow from investing activities for the first three quarters of 2025 was approximately -¥170 million, an improvement from -¥487 million in 2024[30] - Cash flow from financing activities for the first three quarters of 2025 was approximately -¥566 million, compared to a positive cash flow of approximately ¥896 million in 2024[30] - The company reported a total cash and cash equivalents balance of approximately ¥780 million at the end of the third quarter of 2025, down from ¥1.42 billion at the end of the same period in 2024[30] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥15,563,580,467.23, representing a decrease of 8.34% from the end of the previous year[4] - The company's current liabilities totaled RMB 4.34 billion, down from RMB 6.28 billion at the end of 2024, indicating improved liquidity[24] - The company's total liabilities decreased to RMB 11.18 billion from RMB 12.70 billion at the end of 2024, indicating a reduction in financial leverage[24] - The company’s non-current assets totaled RMB 9.47 billion, down from RMB 10.01 billion at the end of 2024, indicating a potential divestment or depreciation of assets[23] Shareholder Information - The company reported a total of 37,762 common shareholders at the end of the reporting period[10] - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holds 29.58% of the shares[10] Other Financial Metrics - The weighted average return on equity was -13.65%, a decrease of 9.29 percentage points year-over-year[4] - The company recognized non-recurring losses of -¥424,549.78 for the current period[6] - The company reported a 257.04% increase in other income, reaching ¥9,253,909.18 from ¥2,591,804.75[17] - The total profit decreased to -¥1,132,280,207.56 compared to -¥732,612,691.95 in the previous period[17] Investment and Financing Activities - The company plans to issue perpetual medium-term notes in the interbank market with a total scale not exceeding RMB 1 billion to broaden financing channels and reduce costs[20] - The first phase of the technology innovation bond issuance for 2025 was completed, with an issuance amount of RMB 1 billion and an interest rate of 2.55%[20] - The company will establish a joint venture with Hengda Zhikong with a total investment of RMB 100 million, where the company holds 51% of the equity[20] Inventory and Production - The company's inventory increased to RMB 475.43 million, up from RMB 376.99 million at the end of 2024, reflecting a potential increase in production[23]