KAIFA(000021)2024-10-29 11:34Financial Performance - The company's operating revenue for Q3 2024 was ¥3,797,121,474.22, representing a year-on-year increase of 17.53%[2] - The net profit attributable to shareholders for Q3 2024 was ¥301,061,097.80, a significant increase of 101.13% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥272,355,857.44, up 149.77% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.1929, reflecting a growth of 101.15% compared to the previous year[3] - Total operating revenue for Q3 2024 was CNY 10,851,685,615.18, a decrease of 1.1% from CNY 10,971,402,550.20 in Q3 2023[18] - Net profit for Q3 2024 reached CNY 812,119,811.67, an increase of 44.0% compared to CNY 564,135,372.05 in Q3 2023[20] - Operating profit for Q3 2024 was CNY 952,679,155.65, up from CNY 700,950,925.24 in the same period last year, reflecting a growth of 35.8%[20] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥29,154,329,448.12, an increase of 6.47% from the end of the previous year[3] - The total assets increased to CNY 29,154,329,448.12, compared to CNY 27,382,654,775.73 at the end of Q3 2023, marking a growth of 6.5%[18] - Total liabilities rose to CNY 15,616,983,073.20, up from CNY 14,601,245,807.59, indicating an increase of 6.9%[18] - The equity attributable to shareholders was ¥11,563,875,876.18, which is a 5.49% increase compared to the end of the previous year[3] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,917,497,482.96, showing a substantial increase of 142.47%[2] - Operating cash flow for the current period reached ¥1,917,497,482.96, a significant increase from ¥790,814,110.97 in the previous period, representing a growth of approximately 142.5%[24] - The company received cash from operating activities totaling ¥11,361,566,958.66, an increase from ¥10,314,804,429.80 in the previous period, reflecting a growth of about 10.1%[24] - The ending balance of cash and cash equivalents increased to ¥2,051,239,781.54 from ¥1,439,603,225.29, marking a net increase of approximately 42.5%[25] Investments and Expenses - Research and development expenses for Q3 2024 were CNY 255,586,652.19, slightly up from CNY 244,581,179.34 in Q3 2023[20] - The company’s long-term equity investments were valued at RMB 854,500,860.35, slightly down from RMB 855,831,177.18[16] - Cash outflow for the purchase of fixed assets and intangible assets was ¥1,296,251,442.98, compared to ¥906,182,118.33 in the previous period, reflecting an increase of approximately 43%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 162,110[8] - The largest shareholder, China Electronics Corporation, holds a 34.51% stake in the company[9] Credit and Financing - The company obtained a comprehensive credit line of RMB 1 billion from China Merchants Bank, valid from June 28, 2024, to June 27, 2026[12] - Cash inflow from borrowing was ¥11,453,729,231.28, down from ¥12,463,618,890.00 in the previous period, indicating a decrease of about 8.1%[25] - Net cash flow from financing activities was -¥650,557,009.07, an improvement from -¥1,507,677,244.48 in the previous period, showing a reduction in cash outflow by about 56.8%[25]