航发动力(600893) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥7,408,547,984.64, a decrease of 13.18% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥131,424,468.85, down 57.01% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥135,947,555.72, a decrease of 54.25% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.05, a decrease of 58.33% compared to the same period last year[2]. - The net profit for the third quarter of 2024 was approximately ¥817.19 million, a decrease of 26.7% compared to ¥1.11 billion in the same period of 2023[17]. - The total revenue for the first nine months of 2024 was ¥15.24 billion, down from ¥16.79 billion in the same period of 2023, reflecting a decline of 9.2%[18]. - The net profit for the first three quarters of 2024 was ¥489,244,584.49, slightly down from ¥492,358,625.30 in the previous year, reflecting a decrease of 0.4%[24]. Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥113,044,418,802.10, an increase of 13.28% from the end of the previous year[3]. - Total assets increased to CNY 113,044,418,802.10 in Q3 2024 from CNY 99,795,552,106.78 in Q3 2023, representing a growth of 13.00%[14]. - Current liabilities rose to CNY 72,855,313,674.12 in Q3 2024, up from CNY 58,166,485,358.52 in Q3 2023, an increase of 25.24%[14]. - The company's total liabilities increased to ¥18,347,227,450.10 from ¥13,888,566,863.57, representing a rise of 32.3%[21]. - The company's total equity reached CNY 45,035,569,613.31 in Q3 2024, compared to CNY 43,855,653,459.66 in Q3 2023, an increase of 2.68%[14]. - The total equity of the company as of September 30, 2024, was ¥35,982,853,798.66, up from ¥35,753,485,453.85, indicating a growth of 0.6%[22]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥17,275,991,163.86, a decrease of 29.06% compared to the same period last year[5]. - The cash flow from operating activities showed a net outflow of approximately ¥17.28 billion for the first nine months of 2024, compared to a net outflow of ¥13.39 billion in the same period of 2023[18]. - Cash flow from operating activities for the first nine months of 2024 was CNY 3.01 billion, down from CNY 8.77 billion in the same period of 2023, indicating a decline of approximately 65.6%[26]. - Net cash flow from operating activities was negative CNY 6.58 billion, compared to negative CNY 1.58 billion in the previous year, reflecting a significant increase in cash outflow[26]. - Cash flow from financing activities showed a net inflow of CNY 5.67 billion, a recovery from a net outflow of CNY 515.41 million in the previous year[27]. Expenses - Total operating costs for the first three quarters of 2024 were CNY 25,158,929,850.53, down from CNY 25,321,727,098.48 in 2023, reflecting a reduction of 0.64%[16]. - Research and development expenses decreased to CNY 336,414,994.85 in 2024 from CNY 402,835,510.60 in 2023, a decline of 16.43%[16]. - The company reported a financial expense of CNY 299,251,919.55 in 2024, significantly higher than CNY 132,789,913.11 in 2023, marking an increase of 125.00%[16]. - The company's R&D expenses for the first three quarters of 2024 were ¥31,460,636.96, down from ¥44,114,134.27 in the same period last year, a decrease of 28.7%[24]. - The financial expenses increased significantly to ¥60,752,122.70 from ¥18,628,720.81, an increase of 225.5%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 130,070[8]. - The largest shareholder, China Aviation Engine Group Co., Ltd., holds 1,220,558,027 shares, accounting for 45.79% of the total shares[8]. - The company has no pledged, marked, or frozen shares among the top shareholders[9]. - The report indicates no significant changes in the participation of major shareholders in margin trading and securities lending[10]. Inventory and Receivables - The company's inventory increased by 35.61%, attributed to an increase in orders and production投入[5]. - Accounts receivable increased significantly to 30,311,559,279.39 RMB from 20,939,404,653.05 RMB[12]. - Inventory rose to 40,226,842,465.82 RMB, up from 29,662,902,307.41 RMB[12]. - Accounts receivable rose sharply to ¥11,919,637,183.12, compared to ¥5,240,844,235.21, marking an increase of 127.5%[20]. - Inventory levels increased slightly to ¥7,812,034,538.00 from ¥7,683,674,265.27, reflecting a growth of 1.7%[20].