HLGF(600346)2024-10-24 08:37Revenue and Profit Performance - Revenue for the first three quarters of 2024 reached 17,776,369.30 million yuan, a year-on-year increase of 2.69%[2] - Net profit attributable to shareholders of the listed company for the first three quarters of 2024 was 510,462.06 million yuan, a year-on-year decrease of 10.45%[2] - Total operating revenue for the first three quarters of 2024 reached 177.86 billion RMB, a 2.7% increase compared to 173.16 billion RMB in the same period of 2023[19] - Net profit for the first three quarters of 2024 was 5.11 billion RMB, a 10.3% decrease from 5.70 billion RMB in the same period of 2023[20] - The net profit attributable to shareholders of the listed company for the third quarter of 2024 decreased by 59.01% year-on-year, mainly due to a decrease in product price differences[8] - Operating profit for the first three quarters of 2024 was 6.62 billion RMB, a 9.4% decrease from 7.31 billion RMB in the same period of 2023[20] - Total comprehensive income for the first three quarters of 2024 was RMB 5.07 billion, compared to RMB 5.62 billion in the same period of 2023[21] Cash Flow and Financial Activities - Net cash flow from operating activities for the first three quarters of 2024 was 2,011,699.48 million yuan, a year-on-year decrease of 16.03%[3] - Net cash flow from operating activities for the first three quarters of 2024 was RMB 20.12 billion, a decrease from RMB 23.96 billion in the same period of 2023[23] - Net cash flow from investing activities for the first three quarters of 2024 was negative RMB 16.11 billion, an improvement from negative RMB 31.99 billion in the same period of 2023[23] - Net cash flow from financing activities for the first three quarters of 2024 was RMB 3.59 billion, down from RMB 6.56 billion in the same period of 2023[24] - Cash and cash equivalents at the end of the third quarter of 2024 were RMB 22.39 billion, up from RMB 18.94 billion at the end of the same period in 2023[24] - Cash paid for employee compensation and benefits in the first three quarters of 2024 was RMB 3.92 billion, an increase from RMB 2.98 billion in the same period of 2023[23] - Cash received from interest and commission fees in the first three quarters of 2024 was RMB 91.21 million, up from RMB 46.13 million in the same period of 2023[23] - Cash received from tax refunds in the first three quarters of 2024 was RMB 857.43 million, down from RMB 1.40 billion in the same period of 2023[23] Assets and Liabilities - Total assets as of the end of the third quarter of 2024 were 27,245,993.80 million yuan, a year-on-year increase of 4.55%[3] - Total assets increased to RMB 272.46 billion as of September 30, 2024, compared to RMB 260.60 billion at the end of 2023[16] - Total assets as of Q3 2024 reached 272.46 billion RMB, a 4.5% increase from 260.60 billion RMB in the same period of 2023[18] - Current assets rose to RMB 71.28 billion from RMB 66.08 billion year-over-year[16] - Fixed assets grew to RMB 141.52 billion, up from RMB 129.99 billion at the end of 2023[16] - Inventory decreased to RMB 26.86 billion from RMB 31.27 billion year-over-year[16] - Long-term equity investments increased to RMB 708.41 million from RMB 646.00 million at the end of 2023[16] - Construction in progress decreased to RMB 45.13 billion from RMB 48.82 billion year-over-year[16] - Accounts receivable financing increased to RMB 5.36 billion from RMB 4.17 billion at the end of 2023[14] - Other receivables rose to RMB 1.02 billion from RMB 809.21 million year-over-year[16] - Total liabilities as of Q3 2024 stood at 211.11 billion RMB, a 5.2% increase from 200.60 billion RMB in the same period of 2023[17] - Short-term borrowings increased to RMB 73.07 billion from RMB 66.99 billion year-over-year[16] - Long-term borrowings increased by 7.8% to 76.13 billion RMB in Q3 2024 compared to 70.62 billion RMB in the same period of 2023[17] - Contract liabilities increased by 29.4% to 11.00 billion RMB in Q3 2024 compared to 8.50 billion RMB in the same period of 2023[17] Equity and Shareholder Information - Equity attributable to shareholders of the listed company as of the end of the third quarter of 2024 was 6,133,148.53 million yuan, a year-on-year increase of 2.23%[3] - Total equity attributable to owners of the parent company increased by 2.2% to 61.33 billion RMB in Q3 2024 from 59.99 billion RMB in the same period of 2023[18] - The number of ordinary shareholders at the end of the third quarter of 2024 was 92,624[9] Earnings and Returns - Basic earnings per share for the first three quarters of 2024 were 0.73 yuan, a year-on-year decrease of 9.88%[3] - Basic earnings per share for the first three quarters of 2024 were RMB 0.73, down from RMB 0.81 in the same period of 2023[21] - Weighted average return on equity for the first three quarters of 2024 was 8.44%, a decrease of 1.78 percentage points year-on-year[3] R&D and Other Expenses - R&D expenses increased by 29.6% to 1.27 billion RMB in the first three quarters of 2024 compared to 979.64 million RMB in the same period of 2023[19] - Non-recurring gains and losses for the first three quarters of 2024 amounted to 478,000,124.77 million yuan[6] Sales and Interest Income - Sales revenue from goods and services for the first three quarters of 2024 reached RMB 195.76 billion, compared to RMB 184.08 billion in the same period of 2023[22] - Interest income for the first three quarters of 2024 was 33.52 million RMB, a 59.1% increase compared to 21.08 million RMB in the same period of 2023[19] Monetary Funds and Other Financial Metrics - Monetary funds rose to RMB 27.69 billion from RMB 20.47 billion at the end of 2023[14]