GTC(SZ:000589) Zhong Guo Zheng Quan Bao·2025-10-27 18:30Core Viewpoint - Guizhou Tyre (000589) reported a total revenue of 7.956 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 1.44%, while the net profit attributable to shareholders decreased by 19.72% to 450 million yuan [3][4]. Financial Performance - Total revenue for the first three quarters of 2025 was 7.956 billion yuan, up 1.44% year-on-year [3][4]. - Net profit attributable to shareholders was 450 million yuan, down 19.72% year-on-year [3][4]. - Deducting non-recurring gains and losses, the net profit was 428 million yuan, a decrease of 20.72% year-on-year [3][4]. - Operating cash flow net amount was 443 million yuan, an increase of 1.73% year-on-year [3][18]. - Basic earnings per share were 0.29 yuan, with a weighted average return on equity of 5.03% [3][15]. Dividend Distribution - The company plans to distribute a cash dividend of 0.4 yuan per 10 shares (including tax) to all shareholders [3]. Cash Flow Analysis - The net cash flow from operating activities was 443 million yuan, increasing by 1.73% year-on-year [18]. - The net cash flow from financing activities decreased by 400 million yuan, totaling 77.368 million yuan [18]. - The net cash flow from investing activities was -1.226 billion yuan, compared to -730 million yuan in the same period last year [18]. Asset and Liability Changes - As of the end of Q3 2025, cash and cash equivalents decreased by 20.15%, while construction in progress increased by 60.86% [22]. - Accounts receivable increased by 11.89%, while inventory decreased by 11.45% [22]. - Non-current liabilities due within one year increased by 123.92% [25]. Financial Ratios - The current ratio was 1.15, and the quick ratio was 0.92 as of Q3 2025 [31]. - The company's price-to-earnings ratio (TTM) was approximately 14.59, with a price-to-book ratio of about 0.83 and a price-to-sales ratio of approximately 0.68 [4].