On October 30, Qingsong Jianhua (600425) announced the third quarterly report of 2026, the company's operating income was 2.48 billion yuan, down 18.8% year-on-year; the net profit attributable to the parent company was 158 million yuan, down 49.5% year-on-year; the net profit deducted from the non-parent company was 140 million yuan, down 52.6% year-on-year; Net operating cash flow was RMB506 million, representing a year-on-year increase of 51.4%; EPS (fully diluted) was RMB0.0985.
In the third quarter, the Company's operating income was RMB909 million, representing a year-on-year decrease of 29.5%; the net profit attributable to parent company was RMB33.77 million, representing a year-on-year decrease of 83.4%; the net profit deducted from non-attributable parent company was RMB20.24 million, representing a year-on-year decrease of 89.6%; and EPS was RMB0.021.
As at the end of the third quarter, the Company's total assets amounted to RMB8.954 billion, representing a decrease of 3.6% as compared with the end of the previous year, and the net assets attributable to parent company amounted to RMB6.458 billion, representing a decrease of 0.2% as compared with the end of the previous year. The
company's report for the third quarter of 2026 shows that its businesses are facing challenges. The company is mainly engaged in the production and sale of building materials and chemical products, covering the research and development and production of cement, concrete and other building materials and chemical products. During the
reporting period, the net profit attributable to the parent company decreased year-on-year, mainly in the third quarter, the market demand was weak, the price of products decreased, the sales volume was under pressure, the operating income decreased year-on-year, the decline in revenue was higher than decline in operating costs, and the gross profit scale of the main business contracted significantly.
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