天能股份(688819) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥11,265,174,778.10, representing a decrease of 16.59% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥269,994,327.28, down 56.40% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥267,203,404.02, a decrease of 42.15% compared to the same period last year[2]. - The basic earnings per share for Q3 2024 was ¥0.28, reflecting a decline of 56.25% year-on-year[3]. - The net profit for Q3 2024 was CNY 1,500,936,992.27, a decrease of 8.4% compared to CNY 1,638,952,418.57 in Q3 2023[16]. - The total profit for Q3 2024 was CNY 1,879,319,364.51, down 7.0% from CNY 2,021,028,128.09 in Q3 2023[16]. - The total comprehensive income for Q3 2024 was CNY 1,494,518,976.57, compared to CNY 1,638,952,418.57 in Q3 2023, reflecting a decrease of 8.8%[17]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥45,446,629,152.13, an increase of 26.83% compared to the end of the previous year[3]. - As of September 30, 2024, total assets reached CNY 45.45 billion, up from CNY 35.83 billion at the end of 2023, representing a growth of approximately 27.5%[12]. - The company's total liabilities increased to CNY 29.21 billion from CNY 20.21 billion, representing a growth of about 44.5%[14]. - Short-term borrowings surged to CNY 7.11 billion, compared to CNY 2.45 billion at the end of 2023, indicating a significant increase of about 189.5%[13]. - Non-current assets totaled CNY 13.68 billion, up from CNY 13.39 billion, showing a slight increase of approximately 2.1%[13]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,925,311,508.50, down 4.49% compared to the same period last year[2]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 2,925,311,508.50, down from CNY 3,062,893,822.48 in the same period of 2023, indicating a decline of 4.5%[18]. - The cash inflow from investment activities for the first three quarters of 2024 was CNY 3,532,525,931.05, compared to CNY 3,130,525,500.24 in the same period of 2023, showing an increase of 12.8%[18]. - Cash outflow from investment activities totaled 7,315,669,517.75, an increase from 6,191,237,588.56 in the previous period[19]. - Net cash flow from investment activities was -3,783,143,586.70, compared to -3,060,712,088.32 previously[19]. - Total cash inflow from financing activities reached 23,074,257,006.13, significantly higher than 11,536,655,593.51 in the prior period[19]. - Cash outflow from financing activities amounted to 22,161,854,103.81, up from 10,679,818,325.57[19]. - Net cash flow from financing activities was 912,402,902.32, slightly up from 856,837,267.94[19]. - The net increase in cash and cash equivalents was 52,675,186.14, compared to 866,466,894.01 in the previous period[19]. - The ending balance of cash and cash equivalents was 6,360,430,625.65, down from 7,361,945,182.37[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 19,159[8]. - The largest shareholder, Tianneng Holding Group Co., Ltd., holds 796,000,000 shares, accounting for 81.88% of the total shares[8]. - The top ten shareholders include various investment funds, with the second-largest being China Merchants Bank Co., Ltd. - Huaxia SSE Sci-Tech Innovation Board 50 ETF, holding 10,473,033 shares (1.08%) [9]. - The total number of shares held by the top ten unrestricted shareholders is 1,000,000,000 shares[9]. - The company has repurchased a total of 1,163,161 shares, representing 0.12% of the current total share capital, with a total expenditure of approximately RMB 25,718,724.97[11]. - The highest repurchase price was RMB 28.83 per share, while the lowest was RMB 21.34 per share[11]. - The company has not reported any changes in the top ten shareholders due to securities lending or repayment reasons compared to the previous period[10]. - The company has engaged in securities lending activities, with 455,200 shares lent out by China Merchants Bank Co., Ltd. - Huaxia SSE Sci-Tech Innovation Board 50 ETF[10]. Research and Development - Research and development expenses totaled ¥447,756,455.73 in Q3 2024, a decrease of 10.82% year-on-year, while the R&D expense ratio to operating revenue increased by 0.25 percentage points to 3.97%[3]. - Research and development expenses increased to CNY 1,322,450,491.27 in Q3 2024, compared to CNY 1,275,398,259.87 in Q3 2023, reflecting a growth of 3.7%[16]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[11]. Financial Challenges - The decline in net profit was primarily attributed to a significant increase in raw material prices and a decrease in sales volume during Q3 2024[6]. - The company recorded a financial expense of CNY -45,536,866.62 in Q3 2024, an improvement from CNY -93,582,567.34 in Q3 2023[16]. - The company remains committed to compliance with relevant laws and regulations regarding share repurchase activities[11].