China National Building Material Company Limited released the latest financial figures from its subsidiary, Tianshan Material (000877), for the nine months ended 30 September 2025. According to the announcement, Tianshan Material’s operating revenue during this period was RMB 54.94 billion, representing a 10.64% decrease compared to the same period last year. The company’s net profit attributable to shareholders recorded a negative RMB 1.18 billion, which showed an improvement over last year’s comparable figure of negative RMB 3.75 billion.

After deducting extraordinary gains or losses, Tianshan Material’s net profit came in at negative RMB 1.57 billion, improving from the negative RMB 4.11 billion recorded a year earlier. Net cash flow from operating activities reached RMB 4.87 billion, an increase from RMB 3.39 billion last year. Weighted average return on net assets was negative 1.44%, compared to negative 4.57% in the same period last year.

The announcement also reported total assets at RMB 289.73 billion, slightly higher than the end of last year, while shareholders’ equity attributable to Tianshan Material’s shareholders stood at RMB 81.79 billion, a slight decline of 1.16% compared to the end of last year. The full text of Tianshan Material’s third quarterly report for the nine months ended 30 September 2025 is available on the Shenzhen Stock Exchange website.