SANY(600031)2024-10-30 09:26Financial Performance - The operating revenue for Q3 2024 reached RMB 19,152,505 thousand, a 19.40% increase compared to RMB 16,040,353 thousand in the same period last year[2] - The net profit attributable to shareholders was RMB 1,295,202 thousand, reflecting a significant increase of 96.49% from RMB 659,172 thousand year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,502,002 thousand, up 310.59% from RMB 365,816 thousand in the previous year[2] - The basic earnings per share for Q3 2024 was RMB 0.1533, a 95.29% increase from RMB 0.0785 in the same quarter last year[3] - Total operating revenue for the first three quarters of 2024 reached CNY 58,360,802, an increase of 3.92% compared to CNY 56,161,324 in the same period of 2023[12] - Net profit for the first three quarters of 2024 was CNY 4,978,864, a rise of 19.43% from CNY 4,168,942 in the same period of 2023[13] - Earnings per share for the first three quarters of 2024 were CNY 0.5757, compared to CNY 0.4809 in 2023, indicating a growth of 19.78%[14] Cash Flow - The cash flow from operating activities for the year-to-date period reached RMB 12,375,235 thousand, a remarkable increase of 151.74% compared to RMB 4,915,786 thousand in the previous year[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 59,210,074, slightly up from CNY 59,082,547 in 2023[14] - Net cash flow from operating activities for the first three quarters of 2024 was CNY 12,375,235, a significant increase from CNY 4,915,786 in the same period of 2023, representing a growth of approximately 151%[15] - The cash inflow from operating activities totaled CNY 67,121,813, slightly up from CNY 66,541,069 in the previous year, indicating a growth of approximately 0.9%[15] Assets and Liabilities - The total assets at the end of the reporting period were RMB 151,202,320 thousand, showing a slight decrease of 0.86% compared to the previous year[3] - The total liabilities increased to RMB 58.23 billion from RMB 54.42 billion, indicating a rise of about 6.67%[10] - The total liabilities as of September 30, 2024, were CNY 77,748,715, a decrease of 5.59% from CNY 82,029,367 at the end of 2023[11] - The total equity attributable to shareholders of the parent company increased to CNY 70,911,548 from CNY 68,039,937, reflecting a growth of 4.24%[11] - The total liabilities decreased to CNY 24,041,945 thousand as of September 30, 2024, down from CNY 27,619,436 thousand at the end of 2023, indicating improved financial stability[20] Shareholder Information - The company reported a total of 697,043 common shareholders at the end of the reporting period[6] - The largest shareholder, SANY Group Co., Ltd., holds 29.26% of the shares, amounting to 2,480,088,257 shares[6] Research and Development - Research and development expenses for the first three quarters of 2024 totaled CNY 3,850,903, down from CNY 4,228,491 in 2023, a decrease of 8.91%[13] - Research and development expenses decreased to CNY 205,253 thousand in the first three quarters of 2024, down from CNY 271,241 thousand in the same period of 2023, reflecting a focus on cost management[21] Investment Activities - Total cash inflow from investment activities was CNY 9,779,493, up from CNY 7,265,660 in the previous year, indicating an increase of about 34.6%[16] - The company's cash inflow from investment activities was CNY 9,716,646 thousand in the first three quarters of 2024, compared to CNY 6,257,229 thousand in the same period of 2023, showing strong investment recovery[23] Financial Changes - Non-recurring gains and losses for the current period totaled RMB -206,800 thousand, influenced by various factors including asset disposal losses and government subsidies[4] - The company has not reported any significant changes in shareholder structure or financing activities during the reporting period[8] - The company has adopted new accounting standards starting in 2024, which may affect the financial statements[25]