华域汽车：前三季度净利润44.73亿元 同比下降5.63% 财联社10月29日电，华域汽车发布2024年第三季 度报告，前三季度实现营业收入1194.91亿元，同比下降1.70%；归属于上市公司股东的净利润44.73亿 元，同比下降5.63%。 第三季度实现营业收入421.99亿元，归属于上市公司股东的净利润16.11亿元。 公司通过积极抢拓增量市场、优化调整业务结构、严格落实控费降本等措施，努力实现经营业绩的总体 平稳。 查看公告原文 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥42,199,023,208.53, a decrease of 5.36% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥1,610,757,149.50, down 15.20% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,477,431,704.57, a decline of 15.61% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.511, down 15.26% year-on-year[3]. - In Q3 2024, the company's net profit was CNY 5,112,446,973.24, a decrease of 4.87% compared to CNY 5,373,855,379.85 in Q3 2023[20]. - The company's total profit for Q3 2024 was CNY 5,512,882,025.55, a decrease of 5.76% compared to CNY 5,850,594,309.90 in Q3 2023[20]. - The total comprehensive income for Q3 2024 was CNY 5,343,067,936.49, down from CNY 5,649,669,227.66 in Q3 2023, indicating a decrease of 5.41%[21]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥5,619,038,446.00, reflecting a decrease of 22.47%[3]. - The company reported cash and cash equivalents of ¥33,936,730,712.29 as of September 30, 2024, compared to ¥40,211,335,460.71 at the end of 2023[14]. - The net cash flow from financing activities was -3,416,876,631.93 CNY, compared to -1,605,676,560.48 CNY in the previous year, indicating a significant increase in cash outflow[24]. - The total cash and cash equivalents at the end of the period amounted to 33,755,991,302.93 CNY, down from 38,069,419,612.38 CNY year-over-year[24]. - The net increase in cash and cash equivalents was -6,169,087,562.82 CNY, contrasting with a positive increase of 5,022,984,827.40 CNY in the same period last year[24]. - The cash outflow from financing activities totaled 9,839,258,488.50 CNY, up from 7,992,045,806.43 CNY year-over-year[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥180,953,955,797.03, an increase of 2.76% from the end of the previous year[3]. - The total liabilities rose to CNY 116.67 billion in Q3 2024, compared to CNY 114.52 billion in Q3 2023, indicating a 1.9% increase[16]. - The equity attributable to shareholders at the end of the reporting period was ¥60,111,770,929.36, up 4.06% from the previous year[3]. - The equity attributable to shareholders increased to CNY 60.11 billion in Q3 2024, up from CNY 57.77 billion in Q3 2023, representing a growth of 4.0%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 64,009, with the largest shareholder, Shanghai Automotive Group Co., Ltd., holding 1,838,663,129 shares, representing 58.32%[9]. - The top ten shareholders include several institutional investors, with Hong Kong Central Clearing Limited holding 135,582,155 shares, representing 4.30%[9]. - The total number of shares held by the top ten unrestricted shareholders is 2,042,000,000, which includes shares held by various investment funds[9]. Operational Challenges and Strategies - The company faced ongoing challenges due to intensified market competition and fluctuating customer demand, prompting measures to optimize business structure and control costs[4]. - Compared to Q2 2024, the company achieved slight growth in both operating revenue and net profit attributable to shareholders, indicating a trend of stabilization and recovery[4]. Research and Development - Research and development expenses in Q3 2024 were CNY 4,571,680,910.72, down 11.2% from CNY 5,152,249,840.64 in Q3 2023[20]. - The company has not reported any new products or technologies in the current quarter[12]. Future Outlook and Guidance - The company has not provided any future outlook or performance guidance in the current report[12]. - There are no significant changes in the shareholder structure or any new strategies announced during the reporting period[13]. - The report does not indicate any changes in the company's operational status that require investor attention[14]. - The company has not disclosed any mergers or acquisitions in the recent quarter[12]. - The company has not engaged in any share buybacks or significant capital expenditures during the reporting period[12].

证券代码：600741 证券简称：华域汽车 公告编号：临 2024-029 华域汽车系统股份有限公司 关于全资子公司拟签署"合资公司 出资协议"的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 据测算，公司本次投资金额约占本公司最近一期经审计净资产的 0.32%。根据《公司章程》等相关规定，本次投资涉及金额未达到本 公司董事会审批权限，本次投资不构成关联交易，不构成重大资产重 组情形。 特别提示： ● 拟投资标的名称：华翔圣德曼（上海）汽车系统有限公司（最 终名称以市场监管部门登记为准） ● 拟投资方式和占比：拟以全资子公司持有的华翔圣德曼（山 西）汽车系统有限公司（以下简称：圣德曼山西）100%股权作价， 出资设立华翔圣德曼（上海）汽车系统有限公司（以下简称：合资公 司），并占该合资公司 30%股权。 一、本次投资概述 近日，公司全资子公司华域汽车系统（上海）有限公司（以下简 称：华域上海）拟与山西华翔集团股份有限公司（以下简称：华翔股 份）签署《共同设立合资公司之出资协议》等相关文件。 华域上海拟以其持有的 ...

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [2] Core Views - The company has shown a strong increase in net profit excluding non-recurring items, with a year-on-year growth of 9.1% in the first half of 2024, and a significant increase of 40.5% quarter-on-quarter in Q2 2024 [6] - The company is progressing towards neutrality, with 62% of its main business revenue coming from customers outside the SAIC Group, including major clients like Tesla Shanghai and BYD [6] - The share of revenue from self-owned brands and new energy vehicles has increased, with over 50% of new business related to domestic self-owned brands and over 70% related to new energy vehicles [6] Financial Performance Summary - For H1 2024, the company achieved revenue of 77.292 billion yuan, a year-on-year increase of 0.42%, with Q2 revenue at 40.271 billion yuan, up 0.3% year-on-year and 8.8% quarter-on-quarter [6] - The projected revenues for 2024, 2025, and 2026 are 174.544 billion yuan, 180.746 billion yuan, and 187.211 billion yuan respectively, with corresponding net profits of 6.806 billion yuan, 7.241 billion yuan, and 7.783 billion yuan [7][11] - The estimated EPS for 2024, 2025, and 2026 are 2.16 yuan, 2.30 yuan, and 2.47 yuan respectively, with a PE ratio of approximately 7.1, 6.7, and 6.2 times [6][11] Valuation - The reasonable PE range for the company in 2024 is estimated to be between 8 and 10 times, corresponding to a fair value range of 17.27 to 21.59 yuan [6] - The company’s stock price as of September 4, 2024, was 15.30 yuan, with a market capitalization of 48.237 billion yuan [2][6] Comparative Analysis - The company’s financial metrics are compared with peers, showing a competitive position in terms of valuation multiples [10]

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook compared to the market index performance [7][15]. Core Insights - The company's H1 2024 revenue reached 77.292 billion yuan, a year-on-year increase of 0.42%, while the net profit attributable to shareholders was 2.863 billion yuan, up 0.76% year-on-year [10][11]. - The company has successfully diversified its customer base, with major clients including Tesla, Seres, BYD, Geely, and Chery, contributing to stable revenue and profit despite a decline in sales from SAIC Group [10][11]. - The company’s strategic shift in customer structure has resulted in 62% of its main business revenue coming from clients outside of SAIC Group in H1 2024, with a year-on-year growth rate of over 19% for the top ten non-SAIC clients [10][11]. Financial Performance Summary - In H1 2024, the company reported a revenue of 77.292 billion yuan, with a Q2 revenue of 40.27 billion yuan, reflecting a year-on-year increase of 0.29% and a quarter-on-quarter increase of 8.78% [10][11]. - The gross profit margin for Q2 2024 was 11.7%, showing a slight decrease of 0.8 percentage points year-on-year and quarter-on-quarter, while the net profit margin improved to 4.0%, up 0.5 percentage points year-on-year and 0.6 percentage points quarter-on-quarter [10][11]. - The company forecasts revenues of 177.3 billion yuan, 188.0 billion yuan, and 198.2 billion yuan for 2024, 2025, and 2026 respectively, with corresponding net profits of 7.562 billion yuan, 8.141 billion yuan, and 8.707 billion yuan [10][11]. Product and Market Strategy - The company is focusing on promoting its core business capabilities in smart cockpits, body platforms, smart driving platforms, and smart power platforms, which are expected to enhance the value per vehicle [10][11]. - The company has secured key model projects for various components, including interior parts, zero-gravity seats, smart steering wheels, and transmission systems, indicating a positive trend in product integration and market acceptance [10][11].

Investment Rating - The report maintains a "Recommendation" rating for the company, indicating expected performance to be better than the market by 10% to 20% over the next six months [3][8]. Core Views - The company achieved a revenue of 77.29 billion yuan in the first half of 2024, a year-on-year increase of 0.4%, and a net profit attributable to shareholders of 2.86 billion yuan, up 0.8% year-on-year [4]. - The company has successfully expanded its customer base outside of SAIC, mitigating the decline in sales from SAIC-related clients, with 62% of its revenue coming from non-SAIC customers in the first half of 2024 [5][6]. - Cost control measures have been effectively implemented, with management and R&D expenses reduced by 3.5 billion yuan and 5.5 billion yuan respectively compared to the previous year, contributing to stable core business profitability [6]. Summary by Sections Financial Performance - In the first half of 2024, the company's main business revenue reached 73.69 billion yuan, with a gross profit margin of 12.1%, down 1.1 percentage points year-on-year, leading to a gross profit decline of 780 million yuan [4]. - The second quarter saw a revenue of 40.27 billion yuan, with a quarter-on-quarter growth of 8.8% and a net profit of 1.6 billion yuan, reflecting a significant increase of 26.7% quarter-on-quarter [4]. Revenue and Profit Forecast - The revenue forecast for 2024 to 2026 has been adjusted to 58.8 billion yuan, 64.3 billion yuan, and 70.9 billion yuan respectively, reflecting a downward revision due to short-term sales pressures from SAIC clients [8]. - The company is positioned as a leading player in the automotive parts industry, with strong bargaining power in the supply chain and a notable market position [8]. Customer Base and Market Strategy - The company has diversified its customer base, with significant contributions from new clients such as Seres, which has seen strong sales of its AITO series, helping to offset declines from traditional SAIC clients [5][6]. - The strategic focus on expanding outside of SAIC has proven effective in maintaining revenue stability despite challenges in the core customer segment [8].

证券代码：600741 证券简称：华域汽车 公告编号：临 2024－028 华域汽车系统股份有限公司 关于召开 2024 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 华域汽车系统股份有限公司（以下简称"公司"）于 2024 年 8 月 29 日发布了公司 2024 年半年度报告。为使投资者更加全面、深入地 了解公司的经营成果、财务状况，公司计划于 2024 年 9 月 6 日上午 11:00~12:00 举行 2024 年半年度业绩说明会，就投资者关心的问题进 行交流。 会议召开时间： 2024 年 9 月 6 日（星期五）上午 11:00~12:00 会议召开地点： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 8 月 30 日（星期五）至 9 月 5 日（星期四） 下午 16:00 前登录上证路演中心网站首页点击"提问预征集"栏 目或通 ...

为落实国务院《关于进一步提高上市公司质量的意见》要求， 响应上海证券交易所《关于开展沪市上市公司"提质增效重回报" 专项行动的倡议》，践行"以投资者为本"的理念，华域汽车系统 股份有限公司（以下简称"公司"） 围绕创新增效、回报股东、 增进沟通、规范运作等方面，制定了 2024 年度"提质增效重回报" 行动方案，以进一步推动公司高质量发展和投资价值提升，切实 维护全体股东合法权益，方案具体如下： 一、创新增效，不断增强公司核心竞争力 公司在"十四五"规划中，明确提出："积极把握全球汽车行 业'新四化'变革，聚焦'数字化转型'和' 智能化升级'，择优汰劣 进一步打造核心主业，形成软硬兼备的集成能力，覆盖品价皆优 的客户群体，完善全球融合的运营体系，树立智能制造的示范标 杆，努力把华域汽车建设成为全球领先的独立供应汽车零部件系 统公司"的发展思路和目标。2024 年，公司围绕该目标将重点推 进以下工作： 证券代码：600741 证券简称：华域汽车 公告编号：临 2024-027 华域汽车系统股份有限公司 2024 年度"提质增效重回报"行动方案 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述 ...

证券代码：600741 证券简称：华域汽车 公告编号：临 2024-025 华域汽车系统股份有限公司 第十届董事会第十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 华域汽车系统股份有限公司第十届董事会第十四次会议于 2024 年 8 月 27 日以通讯表决方式召开。本次会议通知已于 2024 年 8 月 16 日以电子邮件等方式送达。会议应参加表决董事 9 名，实际收到 9 名董事的有效表决票。会议符合《公司法》及《公司章程》的有关规 定。经审议，本次会议通过决议如下： 一、《公司 2024 年半年度报告及摘要》； 本议案会前已经公司董事会审计委员会审议通过。 （同意 9 票，反对 0 票，弃权 0 票） 详见上海证券交易所网站 http://www.sse.com.cn。 二、《关于"上海汽车集团财务有限责任公司 2024 年半年度风险 持续评估报告"的议案》； 本议案会前已经公司独立董事专门会议审议通过。 （本议案涉及控股股东下属的关联企业，关联董事王晓秋先生、 贾健旭先生、华恩德先生回避表决。其余 ...

Financial Performance - The company's operating revenue for the first half of 2024 was approximately RMB 77.29 billion, a 0.42% increase compared to RMB 76.97 billion in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2024 was approximately RMB 2.86 billion, reflecting a 0.76% increase from RMB 2.84 billion in the previous year[22]. - The net profit after deducting non-recurring gains and losses was approximately RMB 2.61 billion, which is a 9.13% increase from RMB 2.39 billion in the same period last year[22]. - The weighted average return on equity decreased to 4.84%, down 0.36 percentage points from 5.20% in the previous year[21]. - The net cash flow from operating activities for the first half of 2024 was approximately RMB 5.08 billion, a 3.58% increase from RMB 4.90 billion in the same period last year[22]. - The total assets at the end of the reporting period were approximately RMB 178.34 billion, an increase of 1.28% from RMB 176.10 billion at the end of the previous year[22]. - The net assets attributable to shareholders at the end of the reporting period were approximately RMB 58.05 billion, a 0.49% increase from RMB 57.77 billion at the end of the previous year[22]. - The basic earnings per share for the first half of 2024 was RMB 0.908, a slight increase of 0.78% from RMB 0.901 in the same period last year[21]. Market and Business Operations - The company’s revenue from domestic customers decreased by 0.20%, while revenue from international markets increased by 6.52%[39]. - The market share of new energy vehicles reached 35.2% in the first half of 2024, with production and sales of 4.929 million and 4.944 million units respectively, representing a year-on-year growth of 30.1% and 32%[28]. - Over 50% of the new business lifecycle orders were from domestic independent brands, and over 70% were related to new energy vehicle models[33]. - The company has established 100 production and manufacturing bases globally, enhancing its local R&D and supply capabilities[31]. - The company has formed long-term partnerships with major domestic automakers, including Tesla Shanghai and BYD, contributing to a 19% year-on-year increase in sales from the top ten non-SAE customers[34]. - The company is focusing on cost reduction and efficiency improvement measures to maintain stable profitability amid intense market competition[35]. Financial Management - The company's financial expenses increased by ¥1.18 billion, mainly due to increased exchange losses caused by currency fluctuations[41]. - The company reported a net cash outflow from investing activities of ¥302.33 million, which is a 48.29% improvement compared to a net outflow of ¥584.62 million in the previous year[41]. - The company’s R&D expenses decreased by 15.77% to approximately ¥2.95 billion from ¥3.51 billion in the previous year[41]. - The company’s short-term borrowings increased by 2.87% to ¥10.94 billion, compared to ¥10.64 billion in the previous year[43]. - The company has not disclosed any new employee incentive plans or stock ownership plans, indicating a potential area for future development[72]. Environmental and Sustainability Initiatives - The company has implemented various measures to reduce carbon emissions, including green product design and clean energy alternatives, aligning with national "dual carbon" policies[112]. - Shanghai Yanfeng Jinqiao Automotive Trim Systems Co., Ltd. has achieved national-level green factory status, while other subsidiaries have also received regional green factory certifications[112]. - The company has installed a cumulative photovoltaic capacity of 22.13 MW across multiple bases, contributing to its renewable energy initiatives[113]. - The company emitted a total of 1.65 tons of non-methane total hydrocarbons from January to June 2024[79]. - The company disposed of 327.38 tons of hazardous waste through qualified third-party services from January to June 2024[79]. Strategic Outlook and Future Plans - The company plans to conduct financial derivatives business within a limit of USD 611.157 million or equivalent foreign currency, focusing on forward foreign exchange contracts[60]. - The company anticipates that the domestic and international automotive markets will face multiple factors affecting macroeconomic conditions, consumer environments, and inflation expectations, leading to potential fluctuations in production and sales volumes[62]. - The company aims to enhance its international operational capabilities to meet the demands of global automotive supply chains and navigate risks associated with currency policies and trade barriers[63]. - The company is committed to accelerating product structure adjustments and technological innovation to align with the evolving automotive industry trends[63]. - The company has set a future outlook with a revenue target of 320 billion CNY for the full year 2024, which would require a growth rate of approximately 10% in the second half[120]. Shareholder and Corporate Governance - The company held three shareholder meetings in 2024, with attendance representing 67.21%, 68.90%, and 64.69% of total shares, respectively, indicating strong shareholder engagement[68]. - The company has experienced significant management changes, including the appointment of Wang Xiaoqiu as chairman and Xu Ping as general manager following the retirement of previous executives[70]. - The company maintains a good integrity status, with no significant debts or court judgments unfulfilled by the controlling shareholder[117]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[152]. - The company has not engaged in any significant related party transactions during the reporting period[142].