BGE(603588)2024-10-24 08:49Financial Performance - The company's operating revenue for Q3 2024 reached ¥3,905,466,877.02, representing a year-on-year increase of 29.25%[2] - The net profit attributable to shareholders for Q3 2024 was ¥145,209,283.14, showing a decrease of 11.23% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 63.28% in Q3 2024, amounting to ¥52,377,621.57[6] - The company reported a significant increase in operating revenue for the first nine months of 2024, up 52.88% year-on-year, primarily due to increased sales from Jiangxi Xinke and Jingyuan Gaoneng[6] - Total operating revenue for the first three quarters of 2024 reached ¥11,450,874,193.36, a significant increase of 53.3% compared to ¥7,490,320,282.73 in the same period of 2023[13] - Net profit for the first three quarters of 2024 was ¥647,896,419.64, a decrease of 6.3% from ¥691,585,059.57 in the same period of 2023[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥27,920,179,690.64, reflecting a 4.64% increase from the end of the previous year[3] - As of September 30, 2024, total assets amounted to RMB 27,920,179,690.64, an increase from RMB 26,682,907,979.88 at the end of 2023, reflecting a growth of approximately 4.63%[11] - The total liabilities as of September 30, 2024, were RMB 16,069,759,885.15, slightly down from RMB 16,115,984,983.48, showing a decrease of about 0.29%[11] - The company's total liabilities increased to ¥17,465,122,297.58 in Q3 2024, compared to ¥16,558,718,756.03 in Q3 2023, marking a rise of 5.5%[12] - The total equity attributable to shareholders reached ¥9,581,030,712.26 in Q3 2024, up from ¥9,299,886,923.17 in Q3 2023, indicating a growth of 3.0%[12] Cash Flow - The cash flow from operating activities for the first three quarters of 2024 was ¥11,550,285,884.27, compared to ¥7,969,775,734.79 in 2023, showing a growth of 45.5%[16] - The net cash flow from operating activities for Q3 2024 was ¥219,357,620.71, a significant improvement compared to a net outflow of ¥1,197,889,275.58 in the same period last year[17] - Total cash inflow from operating activities reached ¥12,078,706,909.81, up from ¥8,769,359,123.75 year-over-year, indicating a growth of approximately 37.5%[17] - Cash outflow for operating activities was ¥11,859,349,289.10, compared to ¥9,967,248,399.33 in Q3 2023, reflecting an increase of about 19%[17] - The total cash and cash equivalents at the end of the period were ¥1,248,139,045.57, down from ¥1,293,451,178.22 at the beginning of the quarter[18] Expenses - The company's cash and cash equivalents decreased to RMB 1,828,577,113.51 from RMB 1,865,878,399.98, a decline of about 2.68%[10] - The company faced increased financial expenses due to higher financing costs and exchange losses, impacting overall profitability[6] - The company's financial expenses for the first three quarters of 2024 were ¥323,102,903.38, an increase from ¥238,756,130.37 in 2023, indicating a rise of 35.4%[15] - Research and development expenses for the first three quarters of 2024 were ¥266,270,547.46, compared to ¥162,221,124.96 in 2023, representing a 64.1% increase[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,888, with the largest shareholder holding 17.16% of the shares[7] - The basic earnings per share for Q3 2024 were ¥0.098, down 8.41% from the previous year[3] - The company reported a basic earnings per share of ¥0.368 for the first three quarters of 2024, down from ¥0.431 in the same period of 2023[16] Non-Recurring Items - Non-recurring gains and losses totaled ¥92,831,661.57 for the current period, with government subsidies contributing ¥10,954,665.29[4]