晶科科技(601778) - 2024 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2024 reached ¥1,966,751,149.11, representing a year-over-year increase of 12.23%[2] - Net profit attributable to shareholders decreased by 47.57% to ¥132,004,707.46 in Q3 2024[2] - The basic earnings per share for Q3 2024 was ¥0.04, down 42.86% compared to the same period last year[3] - The company reported a decrease in net profit attributable to shareholders of 43.55% for the year-to-date period[6] - Net profit for the third quarter of 2024 was ¥226,502,772.92, a decrease of 43.3% compared to ¥399,011,671.70 in the same quarter of 2023[16] - The net profit attributable to the parent company's shareholders for Q3 2024 was ¥219,810,098.32, a decrease from ¥389,414,361.90 in Q3 2023, representing a decline of approximately 43.6%[18] - The total comprehensive income attributable to the parent company's owners for Q3 2024 was ¥189,639,249.57, down from ¥426,646,313.93 in Q3 2023, indicating a decrease of about 55.6%[18] - The basic and diluted earnings per share for Q3 2024 were both ¥0.06, compared to ¥0.12 in Q3 2023, reflecting a 50% decrease[18] Assets and Liabilities - The total assets as of the end of the reporting period were ¥43,246,615,631.10, an increase of 5.36% from the previous year[3] - The company's total current assets amounted to approximately RMB 18.40 billion, an increase from RMB 17.26 billion at the end of 2023, representing a growth of about 6.6%[12] - The total non-current assets stood at RMB 22.73 billion, reflecting a slight increase from RMB 22.56 billion at the end of 2023[12] - Total assets reached ¥43,246,615,631.10, up from ¥41,044,613,956.04 year-over-year[14] - The company reported a total liability of ¥27,424,552,378.16, compared to ¥25,355,454,034.60 in the previous year, indicating an increase of 8.2%[14] - Short-term borrowings decreased to ¥1,627,424,223.57 from ¥1,858,045,405.99, reflecting a reduction of 12.4%[14] - Long-term borrowings increased significantly to ¥9,163,534,242.49, up from ¥6,793,694,393.32, representing a growth of 35.5%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥590,682,156.50[3] - Cash flow from operating activities for the first three quarters of 2024 was ¥590,682,156.50, a significant improvement from a negative cash flow of -¥701,597,078.89 in the same period of 2023[19] - Cash inflow from investment activities for the first three quarters of 2024 was ¥874,933,625.43, compared to ¥822,573,225.99 in the same period of 2023, showing an increase of approximately 6.4%[21] - The net cash outflow from investment activities for the first three quarters of 2024 was -¥647,079,082.62, an improvement from -¥1,991,028,721.60 in the same period of 2023[21] - Cash flow from financing activities for the first three quarters of 2024 was ¥728,306,427.42, down from ¥2,835,144,297.57 in the same period of 2023, indicating a decrease of about 74.3%[21] - The total cash and cash equivalents at the end of Q3 2024 were ¥4,334,402,977.50, an increase from ¥4,107,210,813.58 at the end of Q3 2023[21] Operational Metrics - The company received government subsidies amounting to ¥22,027,764.05, which are closely related to its normal business operations[4] - The number of ordinary shareholders at the end of the reporting period was 127,462[7] - Jinko Solar Group Co., Ltd. held 23.90% of the shares, with 459,255,347 shares pledged[7] - Accounts receivable increased to RMB 6.22 billion, up from RMB 5.55 billion, indicating a growth of around 12.1%[12] - Inventory rose significantly to RMB 4.52 billion, compared to RMB 3.70 billion, marking an increase of approximately 22.3%[12] - The company incurred cash payments for purchasing goods and services totaling ¥2,224,556,803.53 in the first three quarters of 2024, a decrease from ¥3,032,169,648.44 in the same period of 2023, indicating a reduction of about 26.6%[19] Research and Development - Research and development expenses for the third quarter were ¥4,232,157.98, slightly down from ¥4,262,152.51 in the same quarter last year[16] Disaster Impact - Non-recurring losses totaled ¥67,074,843.47 for Q3 2024, primarily due to asset impairment and natural disaster-related losses[4] - The company reported an estimated asset loss of approximately RMB 50.51 million due to typhoon damage at the Xu Wen photovoltaic power station, with ongoing insurance claims and repairs[10] - The company has initiated disaster recovery and insurance claims processes for the affected power station, with further assessments pending[10] Market Strategy - The company is actively pursuing market expansion and new technology development strategies to enhance its competitive position in the renewable energy sector[9]