2025-10-30 12:35Financial Performance - The company's operating revenue for the third quarter reached CNY 4,142,484,558.85, an increase of 4.65% compared to the same period last year[4] - Total profit for the third quarter was CNY 167,552,615.35, representing a significant increase of 229.66% year-over-year[4] - Net profit attributable to shareholders for the third quarter was CNY 128,736,226.65, up 218.53% from the previous year[4] - The net profit excluding non-recurring gains and losses for the third quarter was CNY 114,111,885.28, an increase of 297.57% year-over-year[4] - Basic earnings per share for the third quarter were CNY 0.0911, reflecting a growth of 218.53% compared to the same period last year[5] - The total profit for the year-to-date period reached CNY 823,665,847.06, marking a 308.67% increase compared to the same period last year[4] - The net profit attributable to shareholders for the year-to-date period was CNY 655,122,582.54, up 249.84% year-over-year[4] - Net profit for the first three quarters of 2025 was RMB 732.23 million, compared to RMB 250.23 million in the same period of 2024, representing a 192.66% increase[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 55,880,894,026.45, a 4.26% increase from the end of the previous year[5] - The total current assets increased to CNY 34,823,620,601.90, up from CNY 32,140,949,910.03 in the previous year, marking an increase of approximately 8.36%[18] - The total liabilities rose to CNY 34,514,180,968.27, compared to CNY 32,425,656,525.38 in the previous year, indicating an increase of about 6.43%[19] - The total assets reached CNY 55,880,894,026.45, up from CNY 53,596,113,615.25, reflecting a growth of approximately 4.26%[20] Cash Flow - The company reported a net cash flow from operating activities of CNY -63,352,355.70 for the year-to-date period[4] - The net cash flow from operating activities improved, with a decrease of CNY 4,898,287,705.31 compared to the previous year, totaling CNY -63,352,355.70[15] - The company reported a net cash outflow from operating activities of RMB 63.35 million, an improvement from a net outflow of RMB 4.90 billion in the same period of 2024[26] - Cash inflow from operating activities totaled RMB 16.24 billion, compared to RMB 11.65 billion in the previous year, marking a 39.00% increase[26] - The net cash flow from financing activities showed a significant increase of 362.31%, totaling CNY -1,265,130,895.10 compared to CNY 482,295,598.43 in the previous year[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 75,893[12] - HKSCC NOMINEES LIMITED holds 41.74% of shares, totaling 589,955,392 shares[12] - China Shipbuilding Industry Group Co., Ltd. holds 34.05% of shares, totaling 481,337,700 shares[12] Expenses and Income - Trading financial assets increased by 156.33% to ¥3,002,776.11 from ¥1,171,434.07[14] - Accounts receivable increased by 57.77% to ¥2,093,542,235.01 from ¥1,326,920,478.98[14] - Inventory increased by 36.80% to ¥8,078,962,068.16 from ¥5,905,684,446.80[14] - Long-term borrowings decreased by 69.06% to ¥1,252,900,000.00 from ¥4,048,900,000.00[14] - Investment income increased by 255.75% to ¥530,150,965.19 from ¥149,025,346.14[14] - Sales expenses increased by 91.99% to ¥76,284,580.15 from ¥39,732,785.77[14] - Other income increased by 49.21% to ¥116,654,021.95 from ¥78,179,325.19[14] - Research and development expenses rose to RMB 766.06 million, an increase of 10.34% from RMB 694.51 million in 2024[21] - The company recorded a significant increase in tax expenses, amounting to RMB 91.43 million, compared to a tax benefit of RMB 48.68 million in the previous year[22] Fair Value and Impairment - The fair value change income decreased by CNY 87,780,681.11, resulting in a total of CNY 13,798,408.16 for the current year[15] - Credit impairment losses increased by CNY 30,295,156.46, reflecting a rise in bad debt provisions for accounts receivable[15] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 13,713,952,076.39 from CNY 15,260,594,444.32, a decline of about 10.14%[17] - The ending balance of cash and cash equivalents was $7,206,036,053.11, up from $5,956,800,803.04 in the previous period[27] - The net increase in cash and cash equivalents was -$706,614,598.07, an improvement from -$3,744,359,271.80[27] - The impact of exchange rate changes on cash and cash equivalents was -$27,466,334.28, worsening from -$8,954,418.18[27]