CRHIC(600528)2024-10-30 10:15Financial Performance - The company's operating revenue for Q3 2024 was ¥6,561,179,833.09, a decrease of 4.21% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥384,077,950.62, down 20.88% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.17, reflecting a decline of 22.73% compared to the previous year[2] - Total operating revenue for the first three quarters of 2024 was CNY 20,539,047,905.65, a decrease of 5.56% from CNY 21,747,337,325.27 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 1,294,962,598.14, compared to CNY 1,495,514,401.14 in 2023, reflecting a decline of 13.43%[18] - Earnings per share for the first three quarters of 2024 was CNY 0.56, down from CNY 0.62 in the same period of 2023[18] Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥62,879,016,564.57, representing a 9.04% increase from the end of the previous year[3] - The company's total assets as of September 30, 2024, reached CNY 62,879.02 million, an increase from CNY 57,668.32 million at the end of 2023[13] - Total liabilities as of the end of the third quarter of 2024 amounted to CNY 36,022,948,974.67, an increase from CNY 31,856,620,897.73 at the end of the third quarter of 2023[17] - The company's current liabilities totaled CNY 35,342.99 million, up from CNY 31,132.84 million at the end of 2023[13] Shareholder Information - The equity attributable to shareholders increased to ¥26,178,359,166.97, up 4.01% from the previous year[3] - The total number of ordinary shareholders at the end of the reporting period was 88,202[5] - The largest shareholder, China Railway Group Limited, holds 49.13% of the shares[6] Cash Flow - The company reported a net cash flow from operating activities of -¥1,546,882,015.17 for the year-to-date period[2] - The company reported a decrease in cash flow from operating activities, impacting liquidity[10] - In the first three quarters of 2024, the company generated cash inflows from operating activities amounting to CNY 18,650,359,638.63, an increase from CNY 18,456,525,489.18 in the same period of 2023, representing a growth of approximately 1.05%[19] - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 1,546,882,015.17, compared to -CNY 1,161,318,707.11 in the same period of 2023, indicating a decline in cash flow performance[19] - The company's cash and cash equivalents decreased to CNY 4,907.55 million from CNY 6,980.62 million at the end of 2023[12] - The company's cash and cash equivalents at the end of the third quarter of 2024 stood at CNY 4,783,396,575.23, down from CNY 5,621,781,434.68 at the end of the same period in 2023[20] Contracts and Business Segments - In the first nine months of 2024, the company signed new contracts totaling CNY 37,328.02 million, a year-on-year decrease of 2.82%[10] - The specialized engineering machinery and related services business accounted for CNY 1,019.90 million, representing 27.32% of the new contracts, down 15.75% from CNY 1,210.53 million in 2023[10] - The transportation equipment and related services business generated CNY 2,456.55 million, making up 65.81% of the total new contracts, with a slight increase of 0.72% compared to CNY 2,439.09 million in 2023[10] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 1,193,907,314.04, an increase from CNY 1,125,612,691.76 in 2023, indicating a focus on innovation[17] Investment Activities - The company reported an investment income of CNY 98,613,930.40 for the first three quarters of 2024, significantly higher than CNY 19,556,520.80 in the same period of 2023[17] - The company received CNY 66,500,000.00 from investments in the current period, compared to CNY 20,500,000.00 in the previous year, indicating a significant increase[20] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[10]