CEI(688128)2024-10-28 10:06Financial Performance - Operating revenue for Q3 2024 was CNY 1,092,963,035.83, a decrease of 0.78% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 124,719,433.41, an increase of 21.96% year-on-year[2]. - Basic earnings per share for Q3 2024 were CNY 0.31, reflecting a 24.00% increase year-on-year[2]. - Total operating revenue for the first three quarters of 2024 reached ¥3,151,590,951.63, an increase of 7.0% compared to ¥2,945,590,664.71 in the same period of 2023[13]. - Operating profit for the first three quarters of 2024 was ¥365,281,388.95, up 14.3% from ¥319,667,850.98 in the previous year[14]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was ¥321,429,030.59, a rise of 11.9% from ¥287,279,653.04 in 2023[15]. - The company reported a comprehensive income total of ¥336,361,899.63 for the first three quarters of 2024, compared to ¥292,121,394.53 in the same period last year, reflecting a growth of 15.1%[16]. - The company achieved a profit before tax of ¥364,743,561.60 for the first three quarters of 2024, compared to ¥311,303,978.08 in the previous year, marking an increase of 17.1%[14]. - The net profit for the third quarter of 2024 was ¥162,323,474.51, slightly down from ¥166,831,168.78 in the previous year, reflecting a decrease of 2.9%[24]. Research and Development - R&D investment totaled CNY 102,615,272.35, accounting for 9.39% of operating revenue, an increase of 0.16 percentage points[4]. - Research and development expenses for the first three quarters of 2024 amounted to ¥269,788,102.64, compared to ¥249,446,063.07 in the same period of 2023, indicating a growth of 8.2%[13]. - Research and development expenses for the first three quarters of 2024 totaled ¥75,971,566.49, a decrease of 3.2% from ¥78,496,409.29 in the same period of 2023[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,115,172,869.85, a decrease of 2.79% from the end of the previous year[4]. - The company's current assets totaled RMB 5,795,802,285.57, down from RMB 5,944,162,898.36, indicating a decrease of about 2.5%[10]. - The total assets as of the end of the third quarter of 2024 were ¥3,373,075,572.44, a decrease of 2.1% from ¥3,445,280,871.50 at the end of the previous year[22]. - The company's total liabilities decreased to ¥1,025,954,007.26, down from ¥1,091,991,107.20, representing a reduction of 6.0%[22]. - Total liabilities decreased to ¥4,029,317,397.96 in Q3 2024 from ¥4,387,825,700.43 in Q3 2023, a reduction of 8.2%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 61,105,656.50[4]. - In the first three quarters of 2024, the net cash flow from operating activities was ¥61,105,656.50, a significant improvement compared to a net outflow of ¥27,597,367.68 in the same period of 2023[19]. - The cash flow from operating activities for the first three quarters of 2024 was ¥583,823,556.38, an increase of 20.1% compared to ¥486,032,248.92 in the same period of 2023[24]. - The net cash flow from operating activities for Q3 2024 was ¥91,094,944.15, a significant improvement from a net outflow of ¥132,452,249.10 in Q3 2023[26]. - Total cash inflow from operating activities was ¥2,900,288,031.37, down from ¥3,130,186,259.89 in the previous year, indicating a decrease of approximately 7.3%[19]. - Cash outflow from operating activities totaled ¥2,839,182,374.87, compared to ¥3,157,783,627.57 in 2023, reflecting a decrease of about 10.1%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,478[7]. - The largest shareholder, China Machinery Industry Group Co., Ltd., held 47.33% of the shares[7]. - Total equity attributable to shareholders of the parent company increased to ¥3,070,930,120.72 in Q3 2024 from ¥2,918,013,146.54 in Q3 2023, reflecting a growth of 5.2%[12]. Other Financial Metrics - The weighted average return on net assets was 4.15%, an increase of 0.43 percentage points compared to the same period last year[4]. - The company reported a decrease in total costs to ¥2,811,321,358.39 for the first three quarters of 2024, down from ¥2,678,949,029.00 in the same period of 2023[13]. - The company's financial expenses for the first three quarters of 2024 showed a significant improvement, with a net financial expense of -¥17,861,258.78 compared to -¥22,579,073.25 in the same period of 2023[23]. - The investment income for the first three quarters of 2024 was ¥165,915,276.71, an increase of 7.5% from ¥153,920,358.86 in the previous year[23]. Cash and Equivalents - Cash and cash equivalents were reported at RMB 809,791,289.99, a slight decrease from RMB 822,552,309.98, representing a decline of approximately 1.0%[10]. - Cash and cash equivalents at the end of September 2024 were ¥791,140,172.10, compared to ¥558,871,673.05 at the end of December 2023, showing an increase of approximately 41.4%[20]. - The ending balance of cash and cash equivalents was ¥123,203,855.13, down from ¥267,937,583.91 in the previous year[26]. - The company experienced a net decrease in cash and cash equivalents of ¥9,433,894.16 in the third quarter of 2024, compared to a much larger decrease of ¥339,602,673.72 in the same quarter of 2023[19].