JINHONG GAS(SH:688106) Ju Chao Zi Xun·2025-10-31 15:04Core Insights - The company reported a year-on-year increase in revenue for Q3 2025, but net profit faced pressure, with revenue reaching 717 million yuan, up 14.6%, while net profit dropped by 33.0% to 33.77 million yuan [1][3] Financial Performance - The company's Q3 non-recurring net profit was 32.25 million yuan, a decrease of 30.4% year-on-year. Basic earnings per share (EPS) stood at 0.0701 yuan [3] - For the first three quarters, total revenue amounted to 2.03 billion yuan, reflecting a year-on-year increase of 9.3%. However, cumulative net profit fell significantly by 44.9% to 116 million yuan, and non-recurring net profit decreased by 41.1% to 99.48 million yuan [3] Business Segmentation - The company operates in various sectors, with bulk gases contributing 44.55% to revenue, specialty gases at 33.07%, on-site gas and rental at 13.47%, and gas at 8.91% [3] Research and Development - In Q3, the company invested 26.37 million yuan in R&D, accounting for 3.68% of its revenue. The company emphasized its commitment to enhancing market competitiveness through technological innovation and product development [3] Asset and Cash Flow Position - As of the end of Q3, total assets reached 7.858 billion yuan, a growth of 16.1% compared to the end of the previous year. The net assets attributable to shareholders were 3.118 billion yuan, up 1.8% year-on-year. The net operating cash flow for the first three quarters was 290 million yuan, showing a slight decline of 2.9% [4]