StockCode:001872/201872StockName:CMPortGroup/CMPortGroupBAnnouncementNo.2025-068
CHINAMERCHANTSPORTGROUPCO.,LTD.THEREPORTFORTHETHIRDQUARTEROF2025
ImportantNotes:
1.TheBoardofDirectors(orthe“Board”)aswellasthedirectorsandseniormanagementoftheCompanyherebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReport,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.
2.XuSong,theCompany’slegalrepresentative,HuangZhenzhou,theCompany’sChiefFinancialOfficerandLiuShixia,theperson-in-chargeoftheaccountingorganherebyguaranteethatthefinancialstatementscarriedinthisReportarefactual,accurateandcomplete.
3.Indicatebytickmarkwhetherthefinancialstatementshereinhavebeenauditedbyanindependentauditor.
□Yes√No
4.Matterswithmodifiedauditopinionsissuedbyindependentauditors
□Applicable√Notapplicable
5.SecuritiesTimes,ChinaSecuritiesJournal,ShanghaiSecuritiesNewsandhttp://www.cninfo.com.cnhavebeendesignatedbytheCompanyforinformationdisclosure.AndallinformationabouttheCompanyshallbesubjecttowhat’sdisclosedontheaforesaidmedia.ThisReporthasbeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionshallprevail.IKeyFinancialInformation(I)KeyAccountingDataandFinancialIndicators
Indicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes√No
| Q32025 | YoYchange(%) | Q1-Q32025 | YoYchange(%) | |
| Totaloperatingincome(RMB) | 4,293,227,201.61 | 2.44% | 12,761,718,577.69 | 4.89% |
| NetprofitattributabletoshareholdersoftheCompany(RMB) | 1,179,988,081.33 | -0.78% | 3,806,626,280.80 | 1.89% |
| Netprofit | 1,156,020,137.95 | -3.01% | 3,674,706,174.15 | 9.49% |
ChinaMerchantsPortGroupCo.,Ltd.(hereinafterreferredtoasthe“Company”)andallthemembersoftheCompany’sBoardofDirectorsherebyguaranteethatthecontentsofthisReportarefactual,accurateandcompleteandfreeofanymisrepresentations,misleadingstatementsormaterialomissions.
| attributabletoshareholdersoftheCompanyafterdeductingnon-recurringgainsandlosses(RMB) | ||||
| Netcashinflowfromoperatingactivities(RMB) | — | — | 5,333,444,634.74 | -1.24% |
| Basicearningspershare(RMB/share) | 0.47 | -0.81% | 1.53 | 2.68% |
| Dilutedearningspershare(RMB/share) | 0.47 | -0.81% | 1.53 | 2.68% |
| Weightedaveragereturnonequity(%) | 1.87% | -0.10% | 6.08% | -0.15% |
| 30September2025 | 31December2024 | Change(%) | ||
| Totalassets(RMB) | 203,240,253,667.06 | 201,517,851,881.45 | 0.85% | |
| EquityattributabletoshareholdersoftheCompany(RMB) | 63,638,032,018.71 | 61,502,739,842.96 | 3.47% | |
ThetotalsharecapitalattheendofthelasttradingsessionbeforethedisclosureofthisReport:
| TotalsharecapitalattheendofthelasttradingsessionbeforethedisclosureofthisReport(share) | 2,481,747,585 |
Dilutedearningspersharebasedonthelatesttotalsharecapitalabove:
| Dilutedearningspersharebasedonthelatesttotalsharecapitalabove(RMB/share) | 1.5338 |
(II)Non-recurringgainsandLosses
Unit:RMB
| Item | Q32025 | Q1-Q32025 | Note |
| Gainsorlossesondisposalofnon-currentassets,includingthosechargedoffforwhichprovisionforimpairmentofassetshasbeenmade | -13,531,556.70 | -4,812,754.26 | - |
| Governmentgrantsrecognizedinprofitorloss(otherthangrantswhicharecloselyrelatedtotheCompany'sbusiness,inlinewiththenationalregulations,enjoyedunderestablishedstandardsandhaveacontinuousimpactontheCompany'sprofitorloss) | 3,365,895.57 | 101,848,706.46 | - |
| Gainsorlossesfromchangesinfairvalueoffinancialassetsandfinancialliabilitiesheldbynon-financialenterprisesotherthaneffectivehedgingoperationrelatingtotheCompany'snormaloperations,andgainsorlossesfromdisposaloffinancialassetsandfinancialliabilities | 25,258,624.77 | 88,646,654.19 | - |
| Incomeearnedfromlendingfundstonon-financialinstitutionsandrecognizedinprofitorloss | 24,851,655.85 | 69,881,733.55 | - |
| Reversalofprovisionforaccountsreceivablethataretestedforimpairmentindividually | 91,456.57 | 6,648,126.40 | - |
| Othernon-operatingincomeorexpensesotherthanabove | 14,181,691.36 | 20,790,976.27 | - |
| Less:Incometaxeffects | 4,135,217.90 | 29,237,365.19 | - |
| Effectsofnon-controllinginterests(aftertax) | 26,114,606.14 | 121,845,970.77 | - |
| Total | 23,967,943.38 | 131,920,106.65 | -- |
Otheritemsthatmeetthedefinitionofexceptionalgain/loss:
□Applicable√NotapplicableNosuchcases.Explanationofthesituationwherethenon-recurringgainsandlossesitemslistedinInterpretativeAnnouncementNo.1ofCompaniesIssuingPubliclyTradedSecurities-Non-RecurringGainsandLossesaredefinedasrecurringgainsandlossesitems:
□Applicable√NotapplicableNosuchcases.(III)ChangesinKeyFinancialStatementLineItemsandTheirExplanation
Unit:RMB
| Balancesheetitems | 30September2025 | 31December2024 | Change | Explanationofchanges |
| Billsreceivable | 72,700,623.06 | 270,127,883.63 | -73.09% | Mainlyduetothecollectionofbillsreceivableuponmaturity |
| Accountsreceivable | 2,322,587,270.36 | 1,193,408,383.78 | 94.62% | Mainlyduetothecyclicalinfluenceofpaymentcollection |
| Otherreceivables | 747,247,654.64 | 1,166,499,343.90 | -35.94% | Mainlyduetothereceiptofdividendsfrominvestees |
| Contractliabilities | 402,914,216.96 | 267,888,272.62 | 50.40% | Mainlyduetotheincreaseincustomerprepayments |
| Non-currentliabilitiesduewithinoneyear | 6,166,197,695.53 | 10,506,682,795.60 | -41.31% | Mainlyduetotherepaymentofmaturedebts |
| Othercurrentliabilities | 2,234,131,418.59 | 4,061,201,760.72 | -44.99% | Mainlyduetotherepaymentofshort-termcommercialpaperspayable |
| Long-termborrowings | 10,024,961,705.77 | 15,582,593,255.65 | -35.67% | Mainlyduetotherepaymentoflong-termborrowings |
| Bondspayable | 18,798,535,363.45 | 13,875,559,119.52 | 35.48% | Mainlyduetothenewissuanceofbondspayable |
| Treasuryshares | 388,952,994.18 | 50,559,789.14 | 669.29% | Mainlyduetotheincreaseinrepurchasedshares |
| Incomestatementitems | Q1-Q32025 | Q1-Q32024 | Change | Explanationofchanges |
| Gainsfromchangesinfairvalue | 29,806,324.64 | 420,480,709.83 | -92.91% | Mainlyduetothedecreasedgainsfromchangesinthefairvalueofothernon-currentfinancialassetsheldinthecurrentperiod |
| Reversalofcreditimpairment | 5,339,696.89 | 323,301,702.32 | -98.35% | Mainlybecauseasubsidiaryreceivedanoperatingcompensationfromitsminorityshareholdersinthesameperiodoflastyear,andtherelevantimpairmentprovisionestablishedinthepriorperiodwasreversed,whiletherewerenocomparablemattersinthecurrentperiod |
| Cashflowstatementitems | Q1-Q32025 | Q1-Q32024 | Change | Explanationofchanges |
| Proceedsfromotheroperatingactivities | 582,892,459.80 | 968,472,321.45 | -39.81% | Mainlybecauseasubsidiaryreceivedanoperatingcompensationfromitsminorityshareholdersinthesameperiodoflastyear,whiletherewerenocomparablemattersinthecurrentperiod |
| Proceedsfromdisposalsofinvestments | 32,059,800,000.00 | 18,169,723,017.67 | 76.45% | Mainlyduetotheincreasedredemptionofstructureddepositsuponmaturity |
| Proceedsfromotherinvestingactivities | 236,053,508.82 | 16,265,719.24 | 1,351.23% | Mainlybecausesubsidiariescollectedseaareausagefeesforthegovernmentinthecurrentperiod |
| Paymentforacquisitionoffixedassets,intangibleassetsandotherlong-termassets | 1,758,375,692.67 | 1,267,417,530.70 | 38.74% | Mainlyduetotheincreasedpaymentforacquisitionoffixedassets,intangibleassetsandotherlong-termassetsinthecurrentperiod |
| Paymentforacquisitionofinvestments | 31,206,806,292.72 | 17,330,609,480.14 | 80.07% | Mainlyduetotheincreasedpurchaseofstructureddepositsinthecurrentperiod |
| Paymentforotherinvestingactivities | 168,789,076.73 | 260,956,940.52 | -35.32% | Mainlyduetothepaymentinthesameperiodoflastyearoftaxesinrelationtolandexpropriationinprioryears,withnocomparablemattersinthecurrentperiod |
| Proceedsfromotherfinancingactivities | 258,621,517.54 | 48,811,913.01 | 429.83% | Mainlyduetotheincreaseinadvancepaymentreceivedbysubsidiariesfromminorityshareholdersandreceiptsunderfinanceleasesinthecurrentperiod |
| Paymentforotherfinancingactivities | 649,854,745.80 | 344,306,811.06 | 88.74% | Mainlyduetotheincreasedpaymentforsharerepurchasesinthecurrentperiod |
IIUseofRaisedFunds
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIIShareholderInformation(I)NumbersofOrdinaryShareholdersandPreferredShareholderswithResumedVotingRightsaswellasHoldingsofTop10Shareholders
Unit:share
| Numberofordinaryshareholdersattheperiod-end | 29,439(19,514A-shareholdersand9,925B-shareholders) | Numberofpreferredshareholderswithresumedvotingrightsattheperiod-end(ifany) | 0 | ||||
| Top10shareholders(exclusiveofshareslentinrefinancing) | |||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalsharesheld | Restrictedsharesheld | Sharesinpledge,markedorfrozen | ||
| Status | Shares | ||||||
| ChinaMerchantsPortInvestmentDevelopmentCompanyLimited | Overseaslegalperson | 45.92% | 1,148,648,648 | 0 | - | 0 | |
| ZhejiangProvincialSeaportInvestment&OperationGroupCo.,Ltd. | State-ownedlegalperson | 23.05% | 576,709,537 | 576,709,537 | - | 0 | |
| ChinaMerchantsGangtong | State-own | 14.83% | 370,878,000 | 0 | - | 0 | |
| Development(Shenzhen)Co.,Ltd. | edlegalperson | |||||
| ShenzhenInfrastructureInvestmentFund-ShenzhenInfrastructureInvestmentFundPartnership(LimitedPartnership) | Fundandwealthmanagementproductsetc. | 2.59% | 64,850,182 | 0 | - | 0 |
| BroadfordGlobalLimited | State-ownedlegalperson | 2.21% | 55,314,208 | 0 | - | 0 |
| China-AfricaDevelopmentFund | State-ownedlegalperson | 0.62% | 15,610,368 | 0 | - | 0 |
| HongKongSecuritiesClearingCompanyLtd. | Overseaslegalperson | 0.36% | 8,889,006 | 0 | - | 0 |
| ZouYanmin | Domesticnaturalperson | 0.28% | 6,896,061 | 0 | - | 0 |
| TheChinesePeople'sPropertyInsuranceCo.,Ltd.－Traditional-GeneralInsuranceProduct | Fundandwealthmanagementproductsetc. | 0.19% | 4,712,900 | 0 | - | 0 |
| PICCLifeInsuranceCompanyLimited－Traditional-GeneralInsuranceProduct | Fundandwealthmanagementproductsetc. | 0.18% | 4,460,900 | 0 | - | 0 |
| Top10unrestrictedshareholders(exclusiveofshareslentinrefinancingorlocked-upsharesofseniormanagement) | ||||||
| Nameofshareholder | Unrestrictedsharesheld | Sharesbytype | ||||
| Type | Shares | |||||
| ChinaMerchantsPortInvestmentDevelopmentCompanyLimited | 1,148,648,648 | RMBordinaryshare | 1,148,648,648 | |||
| ChinaMerchantsGangtongDevelopment(Shenzhen)Co.,Ltd. | 370,878,000 | RMBordinaryshare | 370,878,000 | |||
| ShenzhenInfrastructureInvestmentFund-ShenzhenInfrastructureInvestmentFundPartnership(LimitedPartnership) | 64,850,182 | RMBordinaryshare | 64,850,182 | |||
| BroadfordGlobalLimited | 55,314,208 | Domesticallylistedoverseasshare | 55,314,208 | |
| China-AfricaDevelopmentFund | 15,610,368 | RMBordinaryshare | 15,610,368 | |
| HongKongSecuritiesClearingCompanyLtd. | 8,889,006 | RMBordinaryshare | 8,889,006 | |
| ZouYanmin | 6,896,061 | Domesticallylistedoverseasshare | 6,896,061 | |
| TheChinesePeople'sPropertyInsuranceCo.,Ltd.－Traditional-GeneralInsuranceProduct | 4,712,900 | RMBordinaryshare | 4,712,900 | |
| PICCLifeInsuranceCompanyLimited－Traditional-GeneralInsuranceProduct | 4,460,900 | RMBordinaryshare | 4,460,900 | |
| LiRunrong | 3,591,275 | RMBordinaryshare | 3,591,275 | |
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | 1.BroadfordGlobalLimitedisentrustedtomanagethe74.66%sharesofRainbowReflectionLimitedheldbyChinaMerchantsHoldings(HongKong)CompanyLimited,andChinaMerchantsPortInvestmentDevelopmentCompanyLimitedisthewholly-ownedsubsidiaryofRainbowReflectionLimited.2.BroadfordGlobalLimitedisthecontrollingshareholderofChinaMerchantsGangtongDevelopment(Shenzhen)Co.,Ltd.TheCompanydoesnotknowwhethertheotherunrestrictedshareholdersarerelatedpartiesornot. | |||
| Top10shareholdersinvolvedinsecuritiesmargintrading(ifany) | N/A | |||
5%orgreatershareholders,top10shareholdersandTop10unrestrictedshareholdersinvolvedinrefinancingshareslending
□Applicable√NotapplicableChangesintop10shareholdersandtop10unrestrictedshareholdersduetorefinancingshareslending/returncomparedwiththepriorperiod
□Applicable√Notapplicable
(II)NumberofPreferredShareholdersandShareholdingsofTop10ofThem
□Applicable√NotapplicableIVOtherSignificantEvents
□Applicable√Notapplicable
VQuarterlyFinancialStatements(I)FinancialStatements
1.ConsolidatedBalanceSheet
PreparedbyChinaMerchantsPortGroupCo.,Ltd.
30September2025
Unit:RMB
| Item | 30September2025 | 1January2025 |
| Currentassets: | ||
| Cashandbankbalances | 15,021,153,322.03 | 16,630,400,701.13 |
| Settlementreserve | ||
| Interbankloansgranted | ||
| Financialassetsheldfortrading | 4,881,021,480.82 | 5,685,135,472.01 |
| Derivativefinancialassets | ||
| Billsreceivable | 72,700,623.06 | 270,127,883.63 |
| Accountsreceivable | 2,322,587,270.36 | 1,193,408,383.78 |
| Receivablesunderfinancing | 100,682,605.24 | |
| Prepayments | 94,988,911.59 | 59,177,117.22 |
| Premiumsreceivable | ||
| Reinsurancereceivables | ||
| Receivablereinsurancecontractreserve | ||
| Otherreceivables | 747,247,654.64 | 1,166,499,343.90 |
| Including:Interestreceivable | ||
| Dividendsreceivable | 201,334,783.65 | 554,387,723.94 |
| Purchasedandresoldfinancialassets | ||
| Inventories | 311,356,943.06 | 269,958,020.34 |
| Including:Dataresource | ||
| Contractassets | ||
| Assetsheldforsale | ||
| Non-currentassetsduewithinoneyear | 35,007,491.03 | 34,997,992.08 |
| Othercurrentassets | 263,156,452.97 | 251,697,812.77 |
| Totalcurrentassets | 23,849,902,754.80 | 25,561,402,726.86 |
| Non-currentassets: | ||
| Loansandadvancestocustomers | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations |
| Long-termreceivables | 3,895,475,737.53 | 3,777,373,574.70 |
| Long-termequityinvestments | 102,830,931,091.25 | 100,018,029,894.96 |
| Investmentsinotherequityinstruments | 139,451,887.05 | 139,451,887.05 |
| Othernon-currentfinancialassets | 28,524,600.31 | 28,524,600.31 |
| Investmentproperties | 3,189,441,516.90 | 3,288,690,070.60 |
| Fixedassets | 30,768,996,859.08 | 30,689,217,791.45 |
| Constructioninprogress | 3,115,242,821.19 | 3,311,109,996.59 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Right-of-useassets | 8,761,380,225.08 | 8,957,352,063.54 |
| Intangibleassets | 17,966,429,573.54 | 17,335,082,422.84 |
| Including:Dataresource | 5,789,269.01 | 6,251,120.27 |
| Developmentcosts | 22,135,111.23 | 63,395,053.69 |
| Including:Dataresource | ||
| Goodwill | 6,302,911,291.24 | 5,933,310,929.34 |
| Long-termdeferredexpenses | 924,051,057.43 | 940,404,479.94 |
| Deferredtaxassets | 319,473,049.09 | 365,481,207.77 |
| Othernon-currentassets | 1,125,906,091.34 | 1,109,025,181.81 |
| Totalnon-currentassets | 179,390,350,912.26 | 175,956,449,154.59 |
| Totalassets | 203,240,253,667.06 | 201,517,851,881.45 |
| Currentliabilities: | ||
| Short-termborrowings | 16,304,482,773.21 | 12,791,242,141.69 |
| Borrowingsfromthecentralbank | ||
| Interbankloansobtained | ||
| Financialliabilitiesheldfortrading | ||
| Derivativefinancialliabilities | ||
| Billspayable | 1,536,194.00 | |
| Accountspayable | 752,395,831.52 | 785,830,532.33 |
| Advancepaymentreceived | 15,829,207.34 | 14,576,237.84 |
| Contractliabilities | 402,914,216.96 | 267,888,272.62 |
| Financialassetssoldunderrepurchaseagreements | ||
| Customerdepositsandinterbankdeposits | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Employeebenefitspayable | 1,236,338,995.90 | 1,168,592,349.15 |
| Taxespayable | 842,357,486.37 | 725,165,726.32 |
| Otherpayables | 2,136,398,386.74 | 1,923,980,312.98 |
| Including:Interestpayable | ||
| Dividendspayable | 605,988,244.69 | 132,334,744.28 |
| Handlingchargesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesheldforsale | ||
| Non-currentliabilitiesduewithinoneyear | 6,166,197,695.53 | 10,506,682,795.60 |
| Othercurrentliabilities | 2,234,131,418.59 | 4,061,201,760.72 |
| Totalcurrentliabilities | 30,091,046,012.16 | 32,246,696,323.25 |
| Non-currentliabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | 10,024,961,705.77 | 15,582,593,255.65 |
| Bondspayable | 18,798,535,363.45 | 13,875,559,119.52 |
| Including:Preferenceshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 1,469,119,126.97 | 1,387,206,990.51 |
| Long-termpayables | 3,693,615,905.38 | 3,204,582,672.75 |
| Long-termemployeebenefitspayable | 643,362,178.90 | 655,658,044.98 |
| Provisions | 82,025,108.36 | 159,435,795.50 |
| Deferredincome | 1,236,682,347.69 | 1,268,975,316.61 |
| Deferredtaxliabilities | 4,956,699,349.97 | 4,795,985,333.59 |
| Othernon-currentliabilities | 178,608,087.27 | 182,720,254.84 |
| Totalnon-currentliabilities | 41,083,609,173.76 | 41,112,716,783.95 |
| Totalliabilities | 71,174,655,185.92 | 73,359,413,107.20 |
| Shareholders'equity: | ||
| Sharecapital | 2,501,565,281.00 | 2,501,308,481.00 |
| Otherequityinstruments | ||
| Including:Preferenceshares | ||
| Perpetualbonds | ||
| Capitalreserve | 37,214,075,386.38 | 37,362,981,831.67 |
| Less:Treasuryshares | 388,952,994.18 | 50,559,789.14 |
| Othercomprehensiveincome | -926,536,769.69 | -1,558,381,237.45 |
| Specificreserve | 63,321,175.04 | 40,074,647.27 |
| Surplusreserve | 1,249,537,330.50 | 1,249,537,330.50 |
| Generalreserve | ||
| Retainedearnings | 23,925,022,609.66 | 21,957,778,579.11 |
| TotalequityattributabletoshareholdersoftheCompany | 63,638,032,018.71 | 61,502,739,842.96 |
| Non-controllinginterests | 68,427,566,462.43 | 66,655,698,931.29 |
| Totalshareholders'equity | 132,065,598,481.14 | 128,158,438,774.25 |
| Totalliabilitiesandshareholders'equity | 203,240,253,667.06 | 201,517,851,881.45 |
LegalRepresentative:XuSongChiefFinancialOfficer:HuangZhenzhouHeadofAccountingDepartment:LiuShixia
2.ConsolidatedIncomeStatementforQ1-Q3
Unit:RMB
| Item | Q1-Q32025 | Q1-Q32024 |
| 1.Totaloperatingincome | 12,761,718,577.69 | 12,166,341,002.65 |
| Including:Operatingincome | 12,761,718,577.69 | 12,166,341,002.65 |
| Interestincome | ||
| Premiumincome | ||
| Handlingchargeandcommissionincome | ||
| 2.Totaloperatingcosts | 9,651,169,282.99 | 9,668,622,334.00 |
| Including:Operatingcosts | 7,025,113,831.96 | 6,724,742,007.36 |
| Interestexpense | ||
| Handlingchargeandcommissionexpense | ||
| Surrenders | ||
| Netclaimspaid | ||
| Netamountprovidedaspolicyreserve | ||
| Expenditureonpolicydividends | ||
| Reinsurancepremiumexpense | ||
| Taxesandsurcharges | 261,910,372.07 | 243,239,281.56 |
| Sellinganddistributionexpenses | ||
| Generalandadministrativeexpenses | 1,131,791,808.52 | 1,221,499,434.98 |
| Researchanddevelopmentexpenses | 133,679,811.72 | 129,428,104.22 |
| Financeexpenses | 1,098,673,458.72 | 1,349,713,505.88 |
| Including:Interestexpenses | 1,412,059,197.32 | 1,670,913,976.25 |
| Interestincome | 279,493,102.17 | 353,798,409.79 |
| Add:Otherincome | 142,769,198.68 | 121,368,848.38 |
| Investmentincome("-"forlosses) | 5,222,699,354.59 | 5,012,672,259.88 |
| Including:Incomefrominvestmentsinassociatesandjointventures | 5,170,470,933.55 | 4,932,627,649.09 |
| Incomearisingfromthederecognitionoffinancialassetsatamortizedcost("-"forlosses) | ||
| Foreignexchangegain("-"forlosses) | ||
| Netexposurehedgingincome("-"forlosses) | ||
| Gainsfromchangesinfairvalue("-"forlosses) | 29,806,324.64 | 420,480,709.83 |
| Reversalofcreditimpairment | 5,339,696.89 | 323,301,702.32 |
| Impairmentlosses("-"forlosses) | 1,614.26 | 92,227.23 |
| Gainsfromassetsdisposals("-"forlosses) | 6,697,124.45 | 33,557,038.04 |
| 3.Operatingprofit("-"forlosses) | 8,517,862,608.21 | 8,409,191,454.33 |
| Add:Non-operatingincome | 36,169,262.72 | 25,376,308.72 |
| Less:Non-operatingexpenses | 20,226,678.15 | 38,630,602.59 |
| 4.Profitbeforeincometax("-"forlosses) | 8,533,805,192.78 | 8,395,937,160.46 |
| Less:Incometaxexpenses | 1,070,350,492.85 | 1,088,396,529.42 |
| 5.Netprofit("-"forlosses) | 7,463,454,699.93 | 7,307,540,631.04 |
| 5.1Netprofitclassifiedbycontinuityofoperations | ||
| 5.1.1Netprofitfromcontinuingoperation("-"forlosses) | 7,463,454,699.93 | 7,307,540,631.04 |
| 5.1.2Netprofitfromdiscontinuedoperation("-"forlosses) | ||
| 5.2Netprofitclassifiedbyownership | ||
| 5.2.1NetprofitattributabletoshareholdersoftheCompany("-"forlosses) | 3,806,626,280.80 | 3,736,113,366.24 |
| 5.2.2Netprofitattributabletonon-controllinginterests("-"forlosses) | 3,656,828,419.13 | 3,571,427,264.80 |
| 6.Othercomprehensiveincome,netoftax | 1,618,344,929.43 | -872,689,691.70 |
| Othercomprehensiveincome(netoftax)attributabletoshareholdersoftheCompany, | 631,635,570.62 | -316,035,390.55 |
| 6.1Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorloss | 3,719,262.13 | 4,027,539.13 |
| 6.1.1Remeasurementofdefinedbenefitplan | ||
| 6.1.2Othercomprehensiveincomerecognisedundertheequitymethod | 3,719,262.13 | 4,027,539.13 |
| 6.1.3Changesinfairvalueofinvestmentsinotherequityinstruments | ||
| 6.1.4Changesinfairvalueofentity’sowncreditrisk | ||
| 6.1.5Others | ||
| 6.2Othercomprehensiveincomethatwillbereclassifiedtoprofitorloss | 627,916,308.49 | -320,062,929.68 |
| 6.2.1Othercomprehensiveincomerecognisedundertheequitymethod | 228,729,223.96 | -43,061,557.12 |
| 6.2.2Changesinfairvalueofotherdebtinvestments |
| 6.2.3Amountoffinancialassetsreclassifiedintoothercomprehensiveincome | ||
| 6.2.4Creditlossesofotherdebtinvestments | ||
| 6.2.5Cashflowhedgereserve | ||
| 6.2.6Translationdifferencesarisingfromtranslationofforeigncurrencyfinancialstatements | 399,187,084.53 | -277,001,372.56 |
| 6.2.7Others | ||
| Othercomprehensiveincome(netoftax)attributabletonon-controllinginterests | 986,709,358.81 | -556,654,301.15 |
| 7.Totalcomprehensiveincomefortheperiod | 9,081,799,629.36 | 6,434,850,939.34 |
| 7.1ShareholdersoftheCompany | 4,438,261,851.42 | 3,420,077,975.69 |
| 7.2Non-controllinginterests | 4,643,537,777.94 | 3,014,772,963.65 |
| 8.Earningspershare | ||
| 8.1Basicearningspershare | 1.53 | 1.49 |
| 8.2Dilutedearningspershare | 1.53 | 1.49 |
3.ConsolidatedCashFlowStatementforQ1-Q3
Unit:RMB
| Item | Q1-Q32025 | Q1-Q32024 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsalesofgoodsandrenderingofservices | 12,202,004,933.08 | 11,866,894,984.48 |
| Netincreaseincustomerdepositsandinterbankdeposits | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinloansfromotherfinancialinstitutions | ||
| Premiumsreceivedonoriginalinsurancecontracts | ||
| Netproceedsfromreinsurance | ||
| Netincreaseindepositsandinvestmentsofpolicyholders | ||
| Interest,handlingchargesandcommissionsreceived | ||
| Netincreaseininterbankloansobtained | ||
| Netincreaseinproceedsfromrepurchasetransactions | ||
| Netproceedsfromactingtradingofsecurities | ||
| Refundoftaxes | 27,372,611.32 | 45,834,166.56 |
| Proceedsfromotheroperatingactivities | 582,892,459.80 | 968,472,321.45 |
| Sub-totalofcashinflows | 12,812,270,004.20 | 12,881,201,472.49 |
| Paymentforgoodsandservices | 3,164,118,721.59 | 3,239,514,370.35 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositsinthecentralbankandininterbankloansgranted | ||
| Paymentforclaimsonoriginalinsurancecontracts | ||
| Netincreaseininterbankloansgranted |
| Interest,handlingchargesandcommissionspaid | ||
| Policydividendspaid | ||
| Paymenttoandforemployees | 2,684,716,615.98 | 2,555,276,771.81 |
| Paymentofvarioustaxes | 1,139,051,249.09 | 1,180,817,220.24 |
| Paymentforotheroperatingactivities | 490,938,782.80 | 505,434,167.23 |
| Sub-totalofcashoutflows | 7,478,825,369.46 | 7,481,042,529.63 |
| Netcashflowsfromoperatingactivities | 5,333,444,634.74 | 5,400,158,942.86 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisposalsofinvestments | 32,059,800,000.00 | 18,169,723,017.67 |
| Investmentreturnsreceived | 2,697,872,122.77 | 2,266,573,974.82 |
| Netproceedsfromdisposaloffixedassets,intangibleassetsandotherlong-termassets | 97,172,565.98 | 6,781,223.42 |
| Netproceedsfromdisposalofsubsidiariesandotherbusinessunits | ||
| Proceedsfromotherinvestingactivities | 236,053,508.82 | 16,265,719.24 |
| Sub-totalofcashinflows | 35,090,898,197.57 | 20,459,343,935.15 |
| Paymentforacquisitionoffixedassets,intangibleassetsandotherlong-termassets | 1,758,375,692.67 | 1,267,417,530.70 |
| Paymentforacquisitionofinvestments | 31,206,806,292.72 | 17,330,609,480.14 |
| Netincreaseinpledgedloansgranted | ||
| Netpaymentforacquisitionofsubsidiariesandotherbusinessunits | 13,009,257.22 | 293,204,166.66 |
| Paymentforotherinvestingactivities | 168,789,076.73 | 260,956,940.52 |
| Sub-totalofcashoutflows | 33,146,980,319.34 | 19,152,188,118.02 |
| Netcashflowsfrominvestingactivities | 1,943,917,878.23 | 1,307,155,817.13 |
| 3.Cashflowsfromfinancingactivities: | ||
| Proceedsfrominvestors | 5,247,961.40 | 67,846,309.49 |
| Including:Proceedsfromnon-controllingshareholdersofsubsidiaries | 43,561,800.00 | |
| Proceedsfromborrowings | 20,602,253,184.78 | 21,879,785,125.78 |
| Proceedsfromotherfinancingactivities | 258,621,517.54 | 48,811,913.01 |
| Sub-totalofcashinflows | 20,866,122,663.72 | 21,996,443,348.28 |
| Repaymentofborrowings | 23,708,226,435.63 | 24,131,659,774.08 |
| Paymentfordividends,profitdistributionsorinterests | 5,393,986,448.69 | 4,712,496,174.26 |
| Including:Dividendsandprofitspaidtonon-controllingshareholdersofsubsidiaries | 2,213,945,514.67 | 1,626,786,229.57 |
| Paymentforotherfinancingactivities | 649,854,745.80 | 344,306,811.06 |
| Sub-totalofcashoutflows | 29,752,067,630.12 | 29,188,462,759.40 |
| Netcashflowsfromfinancingactivities | -8,885,944,966.40 | -7,192,019,411.12 |
| 4.Effectofforeignexchangeratechangesoncashandcashequivalents | 27,681,072.81 | -94,989,433.40 |
| 5.Netincreaseincashandcashequivalents | -1,580,901,380.62 | -579,694,084.53 |
| Add:Cashandcashequivalentsatthebeginningoftheyear | 16,515,069,554.91 | 16,018,613,631.10 |
| 6.Cashandcashequivalentsattheendoftheperiod | 14,934,168,174.29 | 15,438,919,546.57 |
(II)AdjustmentstoFinancialStatementItemsattheBeginningoftheYearoftheFirstImplementationoftheNewAccountingStandardsImplementedsince2025
□Applicable√Notapplicable
(III)IndependentAuditor’sReport
Indicatebytickmarkwhetherthefinancialstatementsabovehavebeenauditedbyanindependentauditor.
□Yes√NoThesefinancialstatementshavenotbeenauditedbysuchanauditor.
TheBoardofDirectorsChinaMerchantsPortGroupCo.,Ltd.
31October2025