SESPACE(002135)2024-11-11 11:11Financial Performance - Revenue for the third quarter of 2024 was RMB 2.85 billion, a decrease of 13.28% compared to the same period last year[2] - Net profit attributable to shareholders of the listed company for the third quarter of 2024 was RMB 34.53 million, a decrease of 32.15% year-on-year[2] - Total operating income for the period was 9,089,880,442.14 yuan, compared to 9,826,579,714.90 yuan in the same period last year[14] - Net profit for the period was 163,993,338.20 yuan, down from 274,511,593.53 yuan in the same period last year[15] - Basic earnings per share decreased to 0.14 yuan from 0.24 yuan[15] Cash Flow and Liquidity - Operating cash flow for the first three quarters of 2024 was RMB 280.53 million, a significant increase of 165.81% compared to the same period last year[2] - Sales of goods and services received cash of 8.68 billion yuan, a decrease of 6.93% compared to the previous period's 9.32 billion yuan[16] - Total cash inflow from operating activities was 10.03 billion yuan, down 3.52% from the previous period's 10.39 billion yuan[16] - Net cash flow from operating activities was 280.53 million yuan, a significant improvement from the previous period's net outflow of 426.28 million yuan[16] - Cash paid for goods and services was 7.74 billion yuan, a decrease of 10.34% compared to the previous period's 8.63 billion yuan[16] - Net cash flow from investing activities was -97.40 million yuan, an improvement from the previous period's -166.00 million yuan[16] - Cash received from borrowings was 6.15 billion yuan, an increase of 83.34% compared to the previous period's 3.35 billion yuan[17] - Net cash flow from financing activities was 316.57 million yuan, a decrease of 58.63% compared to the previous period's 765.35 million yuan[17] - Net increase in cash and cash equivalents was 500.93 million yuan, a significant increase from the previous period's 173.89 million yuan[17] - Ending cash and cash equivalents balance was 991.04 million yuan, a decrease of 9.10% compared to the previous period's 1.09 billion yuan[17] Assets and Liabilities - Total assets as of the end of the third quarter of 2024 were RMB 20.20 billion, an increase of 7.51% compared to the end of the previous year[2] - The company issued convertible bonds, leading to a 247.33% increase in non-current liabilities to RMB 2.24 billion[5] - Total assets increased to 20,203,207,857.42 yuan, up from 18,792,003,512.95 yuan in the previous period[12] - Total liabilities decreased to 13,644,126,885.24 yuan from 12,342,707,276.53 yuan[12] - As of the end of the reporting period, the company's monetary funds amounted to RMB 1,947,304,463.80[11] - Accounts receivable at the end of the reporting period amounted to RMB 4,772,485,714.29[11] - Inventory at the end of the reporting period amounted to RMB 1,832,430,962.78[11] - Contract assets at the end of the reporting period amounted to RMB 7,469,461,765.17[11] - Total current assets at the end of the reporting period amounted to RMB 17,118,818,454.23[11] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 54,432[7] - Zhejiang Southeast Grid Group Co., Ltd. holds 27.36% of the shares, totaling 314,515,000 shares[7] - Hangzhou Haotian Property Management Co., Ltd. holds 6.51% of the shares, totaling 74,860,000 shares[7] - Guo Mingming holds 4.39% of the shares, totaling 50,445,991 shares[7] - Total equity attributable to owners of the parent company was 6,513,520,167.39 yuan[13] - Minority interest was 45,560,804.79 yuan[13] Expenses and Costs - R&D expenses decreased to 273,938,276.05 yuan from 339,561,742.53 yuan in the previous period[14] - Financial expenses increased to 96,403,533.17 yuan from 72,017,149.27 yuan[14] - Interest expenses rose to 126,114,794.95 yuan from 93,311,322.56 yuan[14] Government Subsidies and Share Repurchase - Government subsidies received during the reporting period increased by 210.19% to RMB 50.60 million[5] - The company repurchased shares, resulting in a 1905.45% increase in treasury stock to RMB 110.01 million[5] Accounts Receivable and Prepayments - Accounts receivable financing increased by 127.57% to RMB 308.29 million due to a higher volume of bills received[4] - Prepayments increased by 96.15% to RMB 242.88 million, mainly due to increased prepayments for materials[4] - Contract liabilities increased by 82.44% to RMB 552.57 million, reflecting an increase in advance payments from customers[4] Strategic Investments and Acquisitions - The company acquired 100% equity of Southeast International Trade (Hainan) Co., Ltd. for RMB 3.9884 million to enhance overseas market layout[9]