首创环保(600008) - 2024 Q3 - 季度财报

Financial Performance - Revenue for the reporting period was 4,732,436,289.90 yuan, a decrease of 10.60% compared to the same period last year[2] - Net profit attributable to shareholders of the listed company was 2,335,244,683.99 yuan, an increase of 349.49% compared to the same period last year, mainly due to the disposal of Singapore ECO company[2] - The weighted average return on equity (ROE) for the reporting period was 7.62%, an increase of 5.80 percentage points[2] - The company's basic earnings per share (EPS) for the reporting period was 0.3181 yuan, an increase of 349.29% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 was RMB 13.87 billion, a decrease of 1.88% compared to RMB 14.13 billion in the same period of 2023[17] - Net profit attributable to the parent company's shareholders in the first three quarters of 2024 was RMB 3.25 billion, a significant increase of 154.7% compared to RMB 1.28 billion in the same period of 2023[18] - Basic earnings per share (EPS) for the first three quarters of 2024 was RMB 0.4429, up 154.7% from RMB 0.1739 in the same period of 2023[19] - Revenue for the first three quarters of 2024 reached 445,864,339.92 RMB, a 25.2% increase compared to 356,226,473.44 RMB in the same period of 2023[27] - Net profit for the first three quarters of 2024 surged to 2,548,589,065.97 RMB, a significant rise from 390,488,466.58 RMB in 2023[27] - Total comprehensive income for the first three quarters of 2024 was 2,548,589,065.97 RMB, a substantial increase from 390,488,466.58 RMB in 2023[28] Asset and Liability Changes - Total assets at the end of the reporting period were 110,410,823,304.31 yuan, an increase of 0.96% compared to the end of the previous year[2] - The company's long-term receivables increased by 32.09%, mainly due to the increase in franchise buyback payments for the Hohhot Shouchuang Yuanqing and Haina projects[6] - The company's investment property increased by 61.81%, mainly due to the increase in decoration costs and the acquisition of properties by its subsidiary Mercury Company for sale[6] - Total assets increased to 110.41 billion yuan in Q3 2024, up from 109.36 billion yuan at the end of 2023[16] - Current assets rose to 29.60 billion yuan in Q3 2024, compared to 26.11 billion yuan at the end of 2023[14] - Accounts receivable increased to 14.58 billion yuan in Q3 2024, up from 12.04 billion yuan at the end of 2023[14] - Total liabilities decreased slightly to 70.35 billion yuan in Q3 2024, down from 70.98 billion yuan at the end of 2023[16] - Short-term borrowings decreased to 3.83 billion yuan in Q3 2024, down from 4.97 billion yuan at the end of 2023[15] - Long-term borrowings increased to 32.79 billion yuan in Q3 2024, up from 31.17 billion yuan at the end of 2023[15] - Equity attributable to owners of the parent company increased to 31.48 billion yuan in Q3 2024, up from 29.10 billion yuan at the end of 2023[16] - Retained earnings rose to 8.43 billion yuan in Q3 2024, compared to 5.99 billion yuan at the end of 2023[16] - Intangible assets decreased to 46.92 billion yuan in Q3 2024, down from 49.22 billion yuan at the end of 2023[15] - Fixed assets decreased to 6.20 billion yuan in Q3 2024, down from 6.39 billion yuan at the end of 2023[14] - Accounts receivable increased by 43.6% to 252.46 million yuan compared to the end of the previous year[23] - Total assets decreased by 1.2% to 51.7 billion yuan compared to the end of the previous year[23] - Short-term borrowings decreased by 22.5% to 3.8 billion yuan compared to the end of the previous year[24] - Total liabilities decreased by 8.9% to 23.88 billion yuan compared to the end of the previous year[24] - Retained earnings increased by 78.6% to 3.93 billion yuan compared to the end of the previous year[25] Cash Flow and Investment Activities - The company's cash flow from financing activities decreased by 346.14%, mainly due to the receipt of equity transfer proceeds from the disposal of Singapore ECO company and a year-on-year decrease in financing[7] - Operating cash flow for the first three quarters of 2024 was RMB 1.96 billion, slightly higher than RMB 1.95 billion in the same period of 2023[20] - Cash received from selling goods and providing services in the first three quarters of 2024 was RMB 10.92 billion, a decrease of 6.1% compared to RMB 11.63 billion in the same period of 2023[20] - Cash received from disposal of subsidiaries and other business units in the first three quarters of 2024 was RMB 3.14 billion, a significant increase compared to no such income in the same period of 2023[20] - Cash outflow from investment activities totaled 3.23 billion yuan, a decrease of 22.8% compared to the previous year's 4.19 billion yuan[21] - Net cash flow from investment activities was 442.65 million yuan, a significant improvement from the previous year's negative 3.92 billion yuan[21] - Cash inflow from financing activities was 11.28 billion yuan, a decrease of 19.9% compared to the previous year's 14.08 billion yuan[21] - Net cash flow from financing activities was negative 2.64 billion yuan, a sharp decline from the previous year's positive 1.07 billion yuan[21] - The company's monetary funds at the end of the period were 4.7 billion yuan, a decrease of 6.9% compared to the beginning of the period[21] - Cash flow from operating activities for the first three quarters of 2024 was -344,953,327.71 RMB, slightly improved from -345,292,507.53 RMB in 2023[29] - Cash flow from investing activities for the first three quarters of 2024 was 3,715,834,370.84 RMB, a significant turnaround from -1,604,713,978.38 RMB in 2023[29] - Cash flow from financing activities for the first three quarters of 2024 was -3,470,024,946.21 RMB, compared to 2,371,898,931.03 RMB in 2023[30] - Total cash and cash equivalents at the end of the third quarter of 2024 were 1,836,906,676.24 RMB, a decrease from 1,957,775,693.27 RMB at the end of 2023[30] Investment Income and Non-Recurring Gains - Non-recurring gains and losses amounted to 1,798,238,042.21 yuan, primarily from the disposal of non-current assets, including the Singapore ECO company[4] - Investment income increased by 21,472.89%, mainly due to the disposal of Singapore ECO company[7] - Investment income for the first three quarters of 2024 was RMB 1.79 billion, a significant improvement from a loss of RMB 8.39 million in the same period of 2023[17] - Investment income for the first three quarters of 2024 was 2,676,197,253.56 RMB, a 336.2% increase compared to 613,691,642.49 RMB in 2023[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 166,287[8] - Beijing Capital Group holds 3,404,158,443 shares, representing 46.37% of the total shares[8] - Hong Kong Securities Clearing Company holds 290,491,121 shares, representing 3.96% of the total shares[8] - China Agricultural Bank's CSI 500 ETF holds 77,612,513 shares, representing 1.06% of the total shares[8] - Chuangjin Hexin Fund's Beijing State-owned Capital Operation Management Co., Ltd. holds 75,420,639 shares, representing 1.03% of the total shares[9] - Monetary Authority of Macao holds 31,007,100 shares, representing 0.42% of the total shares[9] - China Life Insurance Company holds 23,653,717 shares, representing 0.32% of the total shares[9] - Bank of Communications' Invesco Great Wall CSI Low Volatility 100 ETF holds 22,984,650 shares, representing 0.31% of the total shares[9] - Qian Xiaochun holds 22,902,000 shares, representing 0.31% of the total shares[9] - Wang Jun holds 22,276,930 shares, representing 0.30% of the total shares[9] Operating Costs and R&D Expenses - Total operating costs for the first three quarters of 2024 were RMB 11.43 billion, a decrease of 4.5% compared to RMB 11.97 billion in the same period of 2023[17] - R&D expenses for the first three quarters of 2024 were RMB 100.32 million, a decrease of 10.5% compared to RMB 112.14 million in the same period of 2023[17] - R&D expenses for the first three quarters of 2024 increased to 16,101,818.92 RMB, up 46.5% from 10,990,566.66 RMB in 2023[27] Interest Income - Interest income for the first three quarters of 2024 was 534,743,008.70 RMB, a 20.6% increase compared to 443,495,659.67 RMB in 2023[27]