Financial Performance - For the third quarter of 2025, the company's operating revenue was RMB 2,131,000,236.75, representing a year-on-year increase of 1.34%[10] - The total profit for the same period was RMB 684,079,888.37, showing a decrease of 14.15% compared to the previous year[10] - The net profit attributable to shareholders was RMB 510,395,317.56, down 14.96% year-on-year[10] - The net profit after deducting non-recurring gains and losses was RMB 507,500,271.59, a decrease of 8.43%[10] - The basic earnings per share for the third quarter was RMB 0.193, reflecting a decline of 24.02%[10] - Total operating revenue for the first nine months of 2025 reached RMB 6,049,555,577.49, an increase of 3.24% compared to RMB 5,859,778,932.60 in the same period of 2024[32] - Net profit attributable to shareholders of the parent company for the first nine months of 2025 was RMB 1,470,287,308.40, up from RMB 1,374,015,126.12 in 2024, reflecting a growth of 7.02%[33] - The total comprehensive income for the first nine months of 2025 was RMB 1,647,721,941.03, compared to RMB 1,347,431,676.64 in 2024, showing a significant increase of 22.25%[33] Assets and Liabilities - As of September 30, 2025, total assets amounted to RMB 71,106,518,855.44, an increase of 5.25% from December 31, 2024[10] - Total liabilities as of September 30, 2025, amounted to RMB 38,496,420,029.38, a decrease of 4.27% from RMB 40,356,460,239.19 at the end of 2024[30] - Non-current liabilities totaled RMB 23,658,235,925.68 as of September 30, 2025, down from RMB 26,181,164,708.79 at the end of 2024, indicating a reduction of 9.57%[30] - The company's total equity increased to RMB 32,610,098,826.06 as of September 30, 2025, compared to RMB 27,201,570,709.39 at the end of 2024, representing a growth of 19.73%[30] - The total current assets as of September 30, 2025, amounted to RMB 12,431,036,754.32, an increase from RMB 7,643,838,856.74 at the end of 2024[27] - The group’s long-term equity investments were valued at RMB 19,952,265,223.91 as of September 30, 2025, showing a slight increase from RMB 19,755,383,217.22 at the end of 2024[27] Shareholder Information - The company reported a total of 20,849 shareholders, with 20,526 being A-share shareholders[14] - The top shareholder, Xintong Industrial Development (Shenzhen) Co., Ltd., holds 28.79% of the shares[15] - The company’s total shareholding structure includes significant stakes from major shareholders, with Jiangsu Yunsong Capital holding 12.27% of total shares[2] Cash Flow and Investments - The net cash flow from operating activities for the first nine months of 2025 increased by 31.12% year-on-year[10] - Operating cash flow for the period from January to September 2025 reached approximately $3.61 billion, an increase of 31.1% compared to $2.75 billion in the same period of 2024[35] - Total cash inflow from operating activities was approximately $6.07 billion, up from $5.56 billion year-over-year, reflecting a growth of 9.2%[35] - Cash and cash equivalents at the end of September 2025 totaled approximately $3.74 billion, an increase from $2.70 billion at the end of September 2024, marking a growth of 38.5%[36] - The group invested RMB 1.5 billion in five principal guaranteed floating income financial products during the reporting period, with a total of RMB 3.74 billion remaining in financial product funds[22] Operational Performance - Daily average mixed traffic volume for the Meiguan Expressway was 172,000 vehicles in Q3 2025, with toll revenue of RMB 423,000[18] - Daily average mixed traffic volume for the Jihe East Section was 340,000 vehicles in Q3 2025, generating toll revenue of RMB 1,986,000[18] - The company holds 89.93% of Longda Expressway, which reported a daily average traffic volume of 175,000 vehicles and toll revenue of RMB 437,000 in Q3 2025[18] - The company has a 50% stake in Shuiguan Expressway, with a daily average traffic volume of 278,000 vehicles and toll revenue of RMB 1,811,000 in Q3 2025[18] - The company’s stake in the Guangzhou West Second Ring is 25%, with a daily average traffic volume of 103,000 vehicles and toll revenue of RMB 1,457,000 in Q3 2025[18] - The company’s revenue from the Yangjiang project will revert to normal toll rates starting January 1, 2025, after a government compensation agreement ends[18] - The company’s revenue from the Q3 2025 toll operations reflects a consistent growth trend compared to previous quarters, indicating strong operational performance[18] Project Performance - The organic waste treatment projects processed a total of 361.61 thousand tons in the first nine months of 2025, generating operating revenue of RMB 184,578.89 thousand[20] - The clean energy power generation projects produced 191,842.33 MWh in the first nine months of 2025, with wind power business revenue reaching RMB 88,733.81 thousand[21] - The group reported a total operating revenue of RMB 124,604.60 thousand from its organic waste treatment projects in the third quarter of 2025[20] Research and Development - Research and development expenses for the first nine months of 2025 were RMB 25,976,025.88, compared to RMB 23,025,773.58 in 2024, marking an increase of 12.66%[32]
深圳国际(00152) - 2025 Q3 - 季度业绩