HEBEI-HUATONG WIRES AND CABLES GROUP CO., LTD. Informe del Tercer Trimestre 2025
The board of directors, supervisors, directors, supervisors, and senior management of the
Company guarantee that the content of this quarterly report is true, accurate, and complete, free from false records, misleading statements, or material omissions, and shall bear individual and joint legal liabilities.
The Company's principal responsible person, the person in charge of accounting work, and the person in charge of the accounting institution (accounting supervisor) guarantee the authenticity, accuracy, and completeness of the financial information in this quarterly report.
Whether the third quarter financial statements have been audited: □ Yes √ No
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Unit: RMB
Item | Current Reporting Period | YoY Change Rate (%) | Jan. 1 to Report End | YoY Change Rate (Jan. 1 to Report End) (%) |
Operating Income | 1,918,354,486.29 | 13.94 | 5,343,849,247.67 | 13.30 |
Total Profit | 124,229,788.39 | 34.19 | 289,106,050.46 | -9.76 |
Net Profit Attributable to Listed Company Shareholders | 119,535,448.67 | 44.13 | 257,325,439.38 | -7.38 |
Net Profit Attributable to Listed Company Shareholders (Excluding Non-Recurring Gains and Losses) | 116,989,806.82 | 45.03 | 244,822,616.92 | -9.92 |
Net Cash Flow from Operating Activities | Not Applicable | Not Applicable | 90,586,807.27 | Not Applicable |
Basic Earnings Per Share (RMB/share) | 0.23 | 43.75 | 0.50 | -7.41 |
Diluted Earnings Per Share (RMB/share) | 0.23 | 43.75 | 0.50 | -7.41 |
Weighted Average Return on Net Assets (%) | 3.57 | Increased by 0.88 percentage points | 7.85 | Decreased by 1.48 percentage points |
Item | End of Current Reporting Period | End of Last Year | YoY Change Rate (%) |
Total Assets | 9,340,484,983.14 | 7,086,105,400.13 | 31.81 |
Owners' Equity Attributable to Listed Company Shareholders | 3,300,859,888.13 | 3,148,209,055.93 | 4.85 |
Note: "Current Reporting Period" refers to the 3-month period from the start to the end of the current quarter, the same below.
(II) Non-Recurring Gains and Losses Items and Amounts
√ Applicable □ Not Applicable
Unit: RMB
Non-Recurring Gains and Losses Items | Current Period Amount | Amount from Jan. 1 to Report End | Explanation |
Gain/Loss from Disposal of Non-Current Assets | -2,739,062.34 | -3,158,060.86 | - |
Government Subsidies Included in Current Profit and Loss (excluding continuous impact subsidies) | 986,548.02 | 11,483,402.45 | - |
Fair Value Changes and Disposal Gains/Losses of Financial Assets | -1,542,436.19 | 998,321.37 | - |
Fund Occupancy Fees Collected | 103,517.96 | 338,941.83 | - |
Reversal of Impairment Provisions for Receivables | 2,180,014.53 | 2,180,014.53 | - |
Gain from Investment Cost Difference | 52,044.59 | 541,682.46 | - |
Gain from Disposal of Subsidiaries | 3,499,642.35 | 3,499,642.35 | - |
Dividends from Non-Core Investments | 1,000,000.00 | 1,000,000.00 | - |
Other Non-Operating Income and Expenses | -1,335,707.56 | -3,043,470.09 | - |
Less: Impact of Income Tax | -341,080.49 | 1,337,651.58 | - |
Total | 2,545,641.85 | 12,502,822.46 | - |
(III) Changes in Key Accounting Data and Financial Indicators and Their Reasons
√ Applicable □ Not Applicable
Item Name | Change Rate (%) | Main Reasons |
Net Profit Attributable to Listed Company Shareholders - Current Reporting Period | 44.13 | Mainly due to the year-on-year increase in sales revenue |
Total Assets - End of Current Reporting Period | 31.81 | Mainly due to investment and business order growth, driving up construction in progress, fixed assets and inventory |
Accounts Payable - End of Current Reporting Period | 211.30 | Business volume growth and production line construction in Angola subsidiary |
Construction in Progress - End of Current Reporting Period | 145.08 | Addition of production lines by the Angolan subsidiary |
II. Shareholder Information
(I) Top 10 Shareholders' Shareholding Status
Unit: Shares
Shareholder Name | Shareholder Nature | Shareholding Quantity | Shareholding Ratio (%) | Pledged Quantity |
Zhang Wenyong | Domestic Natural Person | 85,199,100 | 16.67 | 27,020,000 |
Zhang Wendong | Domestic Natural Person | 74,019,400 | 14.49 | 29,000,000 |
Zhang Shujun | Domestic Natural Person | 11,532,500 | 2.26 | 5,766,250 |
Shanghai Xitai Investment - Xitai Dongsheng No.1 Fund | Other | 8,790,200 | 1.72 | 0 |
CITIGROUP GLOBAL MARKETS LIMITED | Other | 6,883,063 | 1.35 | 0 |
Zhang Baolong | Domestic Natural Person | 6,200,000 | 1.21 | 3,100,000 |
China Securities - Social Security Fund 17052 Portfolio | Other | 4,869,900 | 0.95 | 0 |
Explanation of Affiliated Relationships: Zhang Wenyong & Zhang Wendong are brothers; Zhang Wenyong & Zhang Shujun are father and son; Zhang Wendong & Zhang Baolong are father and son; they are concerted actors.
IV. Quarterly Financial Statements (Summary)
Consolidated Balance Sheet (As of September 30, 2025)
Unit: RMB | Audit Type: Unaudited
Item | As of Sep 30, 2025 | As of Dec 31, 2024 |
Total Current Assets | 5,561,423,653.01 | 4,786,389,277.32 |
Total Non-Current Assets | 3,779,061,330.13 | 2,299,716,122.81 |
Total Assets | 9,340,484,983.14 | 7,086,105,400.13 |
Total Liabilities | 6,041,102,396.14 | 3,937,141,694.79 |
Total Owners' Equity | 3,299,382,587.00 | 3,148,963,705.34 |
Consolidated Income Statement (Jan-Sep 2025）
Item | Jan-Sep 2025 | Jan-Sep 2024 |
Total Operating Income | 5,343,849,247.67 | 4,716,523,054.22 |
Total Operating Costs | 5,042,549,350.10 | 4,392,124,293.68 |
Net Profit | 255,688,926.43 | 277,809,083.85 |
Basic Earnings Per Share (RMB/share) | 0.50 | 0.54 |
Company Principal Responsible Person: Zhang Wendong
Person in Charge of Accounting Work: Luo Xiaoyu
Person in Charge of Accounting Institution: Zhang Chunfeng Hebei Huatong Wires and Cables Group Co., Ltd. Board of Directors
October 28, 2025
FIN
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Acerca de HEBEI-HUATONG Fundada en 1993, HEBEI-HUATONG es una empresa global de fabricación de cables con instalaciones de producción ubicadas en Tangshan (Provincia de Hebei, China), Busan (Corea del Sur), Panamá, Kazajistán, Tanzania, Camerún y Angola. Su cartera de productos principal incluye cables para bombas sumergibles para extracción de petróleo, cables flexibles móviles para grúas portuarias y cables de ingeniería marina como cables de a bordo. La empresa proporciona un sólido apoyo para la operación continua, segura y eficiente de los sectores industriales en todo el mundo, incluyendo la exploración de petróleo y gas en alta mar y en tierra, y el manejo de materiales a través de grúas portuarias.
