ACEG(SH:600502)2025-10-30 13:55Financial Performance - The company's operating revenue for Q3 2025 was approximately ¥14.84 billion, a decrease of 27.61% year-over-year[4] - The total profit for the period was approximately ¥436.44 million, down 24.43% compared to the same quarter last year[4] - Net profit attributable to shareholders was approximately ¥255.86 million, reflecting a decline of 26.71% year-over-year[4] - The basic earnings per share for the quarter was ¥0.15, a decrease of 25.00% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached CNY 45,026,073,452.23, a decrease of 16.5% compared to CNY 53,963,422,119.49 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 1,146,703,888.72, a decrease of 12.1% from CNY 1,303,632,405.78 in the same period of 2024[21] - The company reported a total profit of CNY 1,499,781,068.66 for the first three quarters of 2025, down from CNY 1,683,432,644.32 in 2024, reflecting a decline of 10.9%[21] - The company recorded a total comprehensive income of CNY 1,139,898,090.15 for the first three quarters of 2025, down from CNY 1,319,538,405.61 in 2024, a decline of 13.6%[22] Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥205.57 billion, an increase of 1.78% from the end of the previous year[5] - The total current assets as of September 30, 2025, amounted to CNY 125.47 billion, a decrease from CNY 129.69 billion at the end of 2024[14][15] - The total liabilities as of September 30, 2025, were CNY 177.54 billion, compared to CNY 174.74 billion at the end of 2024[16][17] - The company's cash and cash equivalents stood at CNY 17.42 billion, down from CNY 18.41 billion at the end of 2024[14] - Long-term borrowings increased to CNY 50.96 billion from CNY 41.41 billion year-on-year[16] Shareholder Information - The equity attributable to shareholders increased to approximately ¥16.65 billion, up 7.77% from the previous year-end[5] - The total equity attributable to shareholders reached CNY 16.65 billion, up from CNY 15.45 billion at the end of 2024[17] - The total number of common shareholders at the end of the reporting period was 55,642[9] Cash Flow - The net cash flow from operating activities was negative at approximately -¥1.97 billion for the year-to-date period[4] - Cash flow from operating activities for the first three quarters of 2025 showed a net outflow of CNY 1,966,806,815.86, an improvement from a net outflow of CNY 5,255,248,547.38 in 2024[25] - The total cash inflow from operating activities for the first three quarters of 2025 was CNY 43,759,757,588.90, compared to CNY 51,849,054,427.15 in 2024, indicating a decrease of 15.6%[25] - Net cash flow from investing activities was -$7.84 billion, compared to -$4.39 billion in the previous period, indicating a significant increase in cash outflow[26] - Cash inflow from financing activities totaled $32.13 billion, up from $23.75 billion, reflecting a growth of approximately 35.4%[26] - Cash outflow for debt repayment was $21.02 billion, an increase from $13.72 billion, showing a rise of about 53.3%[26] - The net cash flow from financing activities was $8.92 billion, compared to $7.30 billion, representing an increase of approximately 22%[26] - The ending cash and cash equivalents balance was $15.37 billion, down from $11.55 billion, indicating a decrease of about 1.8%[26] - Total cash and cash equivalents decreased by $880 million, compared to a decrease of $2.35 billion in the prior period[26] Operational Highlights - New contracts in the engineering construction business increased by 5.37% year-on-year, while new contracts in emerging businesses surged by 77.67%[11] - The company completed the Xu-Huai-Fu Expressway ahead of schedule by 10 months, marking a milestone in highway investment and operation[11] - The company aims to strengthen market expansion, management, risk prevention, and development in the fourth quarter[12] - The company is focusing on enhancing project management and cost control to improve operational efficiency[12] Other Information - The company ranked 208th on the Fortune China 500 list, improving by 12 places from the previous year, indicating a significant enhancement in overall strength and social influence[11] - The company did not apply new accounting standards starting from 2025[27]