Huate Gas(SH:688268)2025-10-30 10:10Revenue and Profit - Q3 2025 revenue reached CNY 367.61 million, a year-on-year increase of 7.96%[4] - Total profit for the quarter was CNY 47.73 million, up 4.58% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 41.07 million, reflecting a 12.45% increase year-on-year[4] - The total profit for the year-to-date was CNY 142.43 million, a decrease of 11.14% compared to the same period last year[4] - The net profit for the first three quarters of 2025 is CNY 116,416,232.80, a decrease of 12.1% compared to CNY 132,602,984.08 in the same period of 2024[18] - The operating profit for the current period is CNY 142,536,813.33, down 10.7% from CNY 159,715,533.43 in the previous year[18] - The total comprehensive income for the current period is CNY 119,487,971.03, down from CNY 134,575,800.63 in the previous year, indicating a decline of 11.2%[19] Expenses and Costs - R&D investment totaled CNY 12.45 million, accounting for 3.39% of revenue, a decrease of 0.12 percentage points from the previous year[5] - Total operating costs for the first three quarters of 2025 were CNY 906,671,711.02, down from CNY 912,375,823.28 in 2024, reflecting a cost reduction strategy[17] - Operating costs decreased from CNY 721,094,799.64 in 2024 to CNY 691,412,510.70 in 2025, indicating improved operational efficiency[17] - Sales expenses increased to CNY 79,357,571.97 in 2025 from CNY 70,416,244.87 in 2024, suggesting increased investment in marketing efforts[17] - Management expenses rose to CNY 74,386,572.29 in 2025, compared to CNY 61,401,583.97 in 2024, indicating higher administrative costs[17] - The company’s financial expenses increased to CNY 19,747,571.67 from CNY 18,094,934.02, marking an increase of 9.1%[18] - The research and development expenses for the current period are CNY 34,444,103.43, a decrease from CNY 35,748,754.27 in the previous year, reflecting a decline of 3.6%[18] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 184.99 million, down 13.97% from the previous year[4] - The cash flow from operating activities for the first three quarters of 2025 is CNY 184,995,315.60, a decrease of 13.5% from CNY 215,031,032.30 in the previous year[21] - The company reported a net cash outflow from investing activities of CNY 242,544,060.33, compared to a net outflow of CNY 235,452,091.11 in the same period last year[21] - Cash and cash equivalents as of September 30, 2025, were CNY 674,625,908.93, down from CNY 711,882,469.13 at the end of 2024[12] - The company’s cash and cash equivalents at the end of the period stand at CNY 654,198,127.58, down from CNY 743,463,856.97 at the end of the same period last year[21] Assets and Liabilities - Total assets increased to CNY 3.53 billion, representing a growth of 7.08% compared to the end of the previous year[5] - Total assets increased to CNY 3,534,815,662.43 as of September 30, 2025, compared to CNY 3,301,138,166.51 at the end of 2024, reflecting growth in the asset base[14] - Total liabilities increased to CNY 1,478,969,432.45 in 2025 from CNY 1,295,464,350.26 in 2024, indicating a rise in financial obligations[15] - Shareholders' equity rose to CNY 2,055,846,229.98 in 2025 from CNY 2,005,673,816.25 in 2024, showing an increase in the company's net worth[15] - Non-current assets totaled CNY 1,778,800,959.42 as of September 30, 2025, up from CNY 1,647,590,203.84 at the end of 2024, indicating investment in long-term growth[14] Shareholder Information - The company reported a total of 10,979 common shareholders at the end of the reporting period[10] - The basic earnings per share for the quarter was CNY 0.34, a 9.68% increase year-on-year[4] - The basic and diluted earnings per share for the current period are both CNY 0.99, compared to CNY 1.11 in the same period last year, reflecting a decrease of 10.8%[19]