CPEP(000544)2024-10-28 08:11Financial Performance - The company's revenue for Q3 2024 was ¥1,172,055,922.77, a decrease of 34.84% compared to the same period last year[2] - Net profit attributable to shareholders was ¥294,223,676.96, an increase of 23.20% year-on-year[2] - The basic earnings per share for the period was ¥0.3019, reflecting a growth of 23.22% compared to the previous year[2] - Total operating revenue for Q3 2024 was CNY 4,087,768,545.43, a decrease of 22.2% compared to CNY 5,256,436,122.45 in the same period last year[11] - The net profit for the third quarter of 2024 was CNY 1,039,950,386.04, an increase of 19.2% compared to CNY 872,177,264.14 in the same period last year[12] - The total profit amounted to CNY 1,095,044,942.92, up from CNY 961,543,628.00, reflecting a growth of 13.9% year-over-year[12] - Basic and diluted earnings per share were both CNY 1.0240, compared to CNY 0.8582 in the previous year, marking an increase of 19.3%[13] - The company reported a total revenue from sales of CNY 1,377,459,893.12, slightly down from CNY 1,386,353,626.96 in the same period last year[13] Assets and Liabilities - Total assets at the end of the reporting period reached ¥39,106,871,982.49, representing a 6.19% increase from the end of the previous year[2] - The company's total assets reached CNY 39,106,871,982.49, an increase from CNY 36,827,533,859.85 at the end of the previous period[10] - Total liabilities decreased slightly to CNY 28,375,796,656.84 from CNY 28,424,597,379.82[10] - The total non-current assets amounted to CNY 30,026,820,612.92, showing a slight increase from CNY 29,925,496,805.41[10] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥711,578,206.28, an improvement of 59.64% compared to the same period last year[6] - Cash flow from operating activities showed a net outflow of CNY -711,578,206.28, an improvement from CNY -1,763,254,777.29 in the same period last year[14] - Cash flow from investing activities resulted in a net outflow of CNY -616,590,772.18, compared to CNY -945,932,190.91 in the previous year[14] - Cash flow from financing activities generated a net inflow of CNY 1,163,267,158.93, down from CNY 1,575,902,334.90 year-over-year[14] Shareholder Information - As of the end of the reporting period, the total number of common shareholders is 26,009, with the largest shareholder, Zhengzhou Public Utilities Investment Development Group, holding 68.73% of shares, totaling 669,855,147 shares[7] - The total number of preferred shareholders is not applicable, indicating no preferred shares are currently issued[8] Operational Efficiency - The company experienced a 39.92% reduction in operating costs, totaling ¥2,123,822,900.41 for the first nine months of 2024[6] - Total operating costs for Q3 2024 were CNY 2,993,674,411.83, down 31.4% from CNY 4,365,292,785.03 year-over-year[11] Equity and Retained Earnings - The total equity attributable to shareholders increased by 31.11% to ¥9,837,391,174.85[2] - The equity attributable to shareholders of the parent company rose to CNY 9,837,391,174.85, compared to CNY 7,503,065,522.66 in the previous year[10] - The company reported a net profit margin improvement, with net profit for the period not specified but indicated by the increase in retained earnings to CNY 3,035,099,839.89 from CNY 2,212,471,237.68[10] Inventory and Receivables - The company reported a significant increase in accounts receivable, which rose by 52.10% to ¥6,245,630,089.18[6] - Accounts receivable rose significantly to 6,245,630,089.18 RMB, up from 4,106,373,132.26 RMB, indicating an increase of about 52.2%[8] - The company reported a total inventory of 39,503,013.09 RMB, slightly down from 40,681,469.28 RMB, a decrease of about 2.9%[8] Research and Development - Research and development expenses increased to CNY 81,068,380.97, up 22.2% from CNY 66,297,989.49 in the previous year[11] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[8] - There are no significant mergers or acquisitions reported during this quarter[8] - The company recognized a gain from the disposal of non-current assets amounting to ¥68,539,633.76, a substantial increase compared to the previous year[6] - Long-term borrowings increased to CNY 18,377,709,148.89 from CNY 16,271,821,528.40, indicating a strategy to leverage for growth[10] - The company has maintained a stable dividend payout of CNY 6,000,000.00, consistent with the previous period[10] - Cash and cash equivalents decreased to 1,426,681,656.42 RMB from 1,598,686,351.93 RMB, reflecting a decline of approximately 10.7%[8] - The company's fixed assets decreased to 2,344,382,530.33 RMB from 2,408,092,566.62 RMB, showing a reduction of about 2.7%[8] - The cash and cash equivalents at the end of the period were CNY 1,399,796,565.82, a decrease from CNY 2,819,995,839.71 at the end of the previous year[14] - The company recognized a tax expense of CNY 55,094,556.88, compared to CNY 89,366,363.86 in the same period last year, reflecting a decrease of 38.3%[12]