Xin Lang Cai Jing·2025-10-28 02:23Core Insights - Qingdao Beer (600600.SH) reported a total operating revenue of 29.367 billion yuan for Q3 2025, an increase of 407 million yuan compared to the same period last year, representing a year-on-year growth of 1.41% [1] - The net profit attributable to shareholders reached 5.274 billion yuan, up by 284 million yuan from the same period last year, achieving a 5-year consecutive increase with a year-on-year growth of 5.70% [1] Financial Performance - The latest operating cash flow net inflow was 5.816 billion yuan [1] - The current debt-to-asset ratio stands at 37.35%, a decrease of 3.90 percentage points from the previous quarter and a decrease of 1.76 percentage points from the same period last year [3] - The latest gross profit margin is 43.66%, an increase of 1.89 percentage points year-on-year, marking a 3-year consecutive rise [3] - The return on equity (ROE) is 16.83%, up by 0.09 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 3.87 yuan, an increase of 0.20 yuan year-on-year, achieving a 5-year consecutive increase with a year-on-year growth of 5.45% [3] - The total asset turnover ratio is 0.57 times, and the inventory turnover ratio is 6.11 times, which is an increase of 0.05 times year-on-year, marking a 2-year consecutive rise [3] Shareholder Structure - The number of shareholders is 98,400, with the top ten shareholders holding a total of 1.124 billion shares, accounting for 82.41% of the total share capital [3] - The largest shareholders include Hong Kong Central Clearing (Agent) Co., Ltd. with 45.0%, Qingdao Beer Group Co., Ltd. with 32.5%, and China Securities Finance Corporation with 1.17% [3]