Zhengping Road & Bridge (SH:603843) Xin Lang Cai Jing·2025-11-14 10:17Core Viewpoint - The company *ST Zhengping announced an abnormal stock price fluctuation, with a cumulative increase of over 12% from November 12 to 14, 2023, despite a significant decline in financial performance [1] Financial Performance - For the third quarter of 2025, the company reported a total revenue of 652 million yuan, a year-on-year decrease of 20.92% [1] - The net profit attributable to the parent company was -99 million yuan, reflecting a year-on-year decline of 16% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was -190 million yuan, showing a year-on-year decrease of 128.37% [1] Risk Factors - The company highlighted several risks, including the short-term stock price increase deviating from the fundamentals, the risk of delisting, potential other fund occupations, insufficient mineral extraction capacity, and continued operating losses [1]