陕国投A前9月营收净利双增 持续业务转型总资产283亿

Core Viewpoint - Shaanxi Guotou A (陕国投A) has shown steady growth in its operating performance, with significant increases in revenue and net profit for the first three quarters of 2025 [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved total operating revenue of 2.161 billion yuan, a year-on-year increase of 7.18%, and a net profit of 996 million yuan, up 6.6% [1][2]. - The net profit excluding non-recurring gains and losses (扣非净利润) reached 992 million yuan, reflecting a growth of 7.43% year-on-year [2]. - The company has maintained a continuous growth trend in revenue and net profit for six consecutive years since 2019 [2][3]. Business Structure and Strategy - The company has been optimizing its business structure, transitioning from traditional non-standard financing to a diversified and professional model that includes asset service trusts, asset management trusts, and charitable trusts [2][4]. - As of June 30, 2025, the management trust scale reached 586.064 billion yuan, an increase of 1.35% from the beginning of the year [5]. Asset Growth - The total assets of Shaanxi Guotou A were approximately 28.291 billion yuan as of the end of the third quarter of 2025, reflecting an 11.16% increase since the beginning of the year [6]. - The company's net assets reached 18.357 billion yuan by mid-2025, supported by multiple rounds of capital increases [6]. Dividend Policy - The company has increased its dividend frequency, announcing a cash dividend of 0.1 yuan per 10 shares for the first half of 2025, with a total of 27 cash dividend distributions amounting to 1.979 billion yuan since its listing [6].