SMIC(SH:600810)2025-10-30 10:50Financial Performance - The company's operating revenue for the third quarter was ¥3,157,149,264.33, a decrease of 8.06% compared to the same period last year[5] - The total profit for the year-to-date period was ¥70,369,560.01, reflecting a significant decline of 52.47% year-on-year[5] - The net profit attributable to shareholders was ¥4,404,671.32 for the quarter, while the year-to-date figure showed a loss of ¥33,166,681.93, a decrease of 168.36% compared to the previous year[5] - The decline in total profit for the year-to-date period was primarily attributed to a decrease in product sales prices[10] - The net profit attributable to shareholders for the current reporting period is -168.36 million, primarily due to a decrease in product sales prices compared to the same period last year[11] - The net profit attributable to shareholders for the year-to-date period is -486.55 million, also attributed to a decline in profits compared to the same period last year[11] - The basic earnings per share for the year-to-date period is -160.00, reflecting a decrease in profits compared to the same period last year[11] - The company reported a basic earnings per share of ¥0.004 for the quarter, compared to a loss of ¥0.03 in the same period last year, marking a 160% change[6] - The total comprehensive income for the year-to-date period is -100.62 million, primarily due to a decrease in profits compared to the same period last year[12] - The total comprehensive income for the first three quarters of 2025 was -CNY 676,031.95, compared to CNY 109,424,957.07 in 2024[22] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥880,453,317.16, representing an increase of 1,008.58%[6] - The cash flow from operating activities for the year-to-date period is 1,008.58 million, mainly due to an increase in VAT refunds compared to last year[12] - Operating cash inflow for the first three quarters of 2025 reached CNY 10,416,759,813.87, an increase of 14.3% compared to CNY 9,112,798,768.22 in the same period of 2024[24] - Net cash flow from operating activities was CNY 880,453,317.16, significantly up from CNY 79,421,529.95 in the previous year, marking an increase of over 1000%[24] - Total cash inflow from investment activities was CNY 1,647,022,268.75, compared to CNY 487,844,252.40 in the same period last year, indicating a growth of 237.5%[25] - Net cash outflow from investment activities was CNY 2,491,396,371.34, slightly higher than CNY 2,367,764,022.94 in the previous year[25] - Cash inflow from financing activities totaled CNY 6,359,011,442.93, down from CNY 8,629,915,435.55 in the same period of 2024, representing a decrease of 26.3%[25] - Net cash flow from financing activities improved to CNY 2,026,675,609.51, compared to CNY 392,703,414.85 in the previous year, showing a substantial increase[25] - The company received CNY 571,367,904.84 in tax refunds, which is a significant increase from CNY 206,755,612.92 in the previous year, reflecting a growth of 176.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥29,515,728,031.28, an increase of 5.39% from the end of the previous year[6] - The company's current assets totaled RMB 11,390,824,240.14, compared to RMB 10,778,520,311.35 in the previous year, indicating an increase of about 5.7%[17] - Total liabilities increased to RMB 11,391,000,000.00, compared to RMB 10,000,000,000.00 in the previous year, indicating a growth of approximately 13.9%[18] - The total liabilities increased to CNY 18,445,652,783.81 in 2025 from CNY 16,756,908,103.43 in 2024, reflecting a growth of 10.1%[19] - The total equity attributable to shareholders of the parent company rose to CNY 8,026,803,653.87 in 2025, up from CNY 7,163,297,346.30 in 2024, an increase of 12.0%[19] - The total non-current assets amounted to RMB 18,124,903,791.14, an increase from RMB 17,227,557,573.72, reflecting a growth of approximately 5.2%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 54,141[14] - The largest shareholder, China Pingmei Shenma Group Co., Ltd., holds 634,345,487 shares, representing 61.58% of the total shares[14] Research and Development - The company has increased its R&D investment, with development expenditures at the end of the reporting period amounting to 81.44 million, aimed at technological breakthroughs and new business layouts[11] - Research and development expenses decreased to CNY 308,962,800.40 in 2025 from CNY 400,989,137.45 in 2024, a reduction of 23.0%[21] Financial Ratios - The weighted average return on equity for the quarter was 0.05%, a decrease of 0.45 percentage points compared to the previous year[6] - Basic and diluted earnings per share for the first three quarters of 2025 were both -CNY 0.03, compared to CNY 0.05 in 2024[23]