Financial Performance - The company's operating revenue for Q3 2024 was ¥1,674,957,873.76, a decrease of 15.69% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥122,457,594.40, down 10.66% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥110,741,643.49, a decrease of 6.99% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.48, a decline of 9.43% year-on-year[3]. - The weighted average return on equity was 4.37%, a decrease of 1.19 percentage points compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 5,146,996,262.06, a decrease of 3.56% compared to CNY 5,337,627,986.93 in the same period of 2023[16]. - Total operating costs for the first three quarters of 2024 were CNY 4,738,337,502.46, down from CNY 4,943,630,115.07 in 2023, reflecting a reduction of 4.15%[16]. - The total comprehensive income for the third quarter of 2024 was CNY 352,751,248.18, compared to CNY 358,679,638.57 in the same period last year, reflecting a slight decrease[18]. - The net profit attributable to the parent company was CNY 355,185,827.26, down from CNY 362,252,151.18 year-over-year[18]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥9,086,371,921.79, a slight decrease of 0.13% from the end of the previous year[3]. - The company's total assets as of the end of Q3 2024 were CNY 9,086,371,921.79, compared to CNY 9,098,597,108.43 at the end of Q2 2024, showing a slight decrease[15]. - Current liabilities decreased to CNY 5,550,810,787.91 in Q3 2024 from CNY 6,070,886,854.55 in Q2 2024, a reduction of 8.54%[15]. - The total liabilities as of Q3 2024 were CNY 6,203,405,227.51, down from CNY 6,409,098,016.38 in Q2 2024, a decrease of 3.21%[15]. - The company's retained earnings increased to CNY 1,946,119,435.13 in Q3 2024 from CNY 1,743,512,548.67 in Q2 2024, reflecting a growth of 11.63%[15]. - The total equity attributable to shareholders increased to CNY 2,860,608,923.02 in Q3 2024 from CNY 2,665,869,873.27 in Q2 2024, an increase of 7.34%[15]. Cash Flow - The company reported a net cash flow from operating activities of ¥87,491,135.42, a decrease of 5.55% year-on-year[3]. - Cash inflows from operating activities totaled CNY 5,163,702,674.24, compared to CNY 4,900,791,479.93 in the same period last year, indicating a growth of approximately 5.36%[19]. - Cash outflows from operating activities were CNY 5,076,211,538.82, resulting in a net cash flow from operating activities of CNY 87,491,135.42, down from CNY 92,631,699.54 year-over-year[19]. - Cash inflows from investing activities amounted to CNY 974,588,398.85, compared to CNY 723,675,326.31 in the previous year, showing an increase of about 34.69%[19]. - The net cash flow from investing activities was negative at CNY -622,874,438.01, worsening from CNY -164,150,953.94 in the same period last year[19]. - Cash inflows from financing activities reached CNY 1,536,891,897.26, significantly higher than CNY 441,302,985.02 in the previous year[20]. - The net cash flow from financing activities was CNY 258,045,206.84, compared to CNY -143,654,414.53 in the same period last year, indicating a positive turnaround[20]. - The ending cash and cash equivalents balance was CNY 660,720,699.08, down from CNY 889,938,962.75 at the end of the previous year[20]. Shareholder Information - The company reported a total of 16,247 common shareholders at the end of the reporting period[8]. - The company has a total of 72,567,657 shares held by major shareholder Ding Yi, representing 28.17% of total shares[10]. - There were no significant changes in the shareholding structure or financing activities reported during the period[10]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 194,818,024.19, compared to CNY 189,590,312.61 in the same period of 2023, indicating an increase of 2.43%[16]. - The company has ongoing investments in new technologies and products, although specific details were not disclosed in the report[10]. - The company is focusing on market expansion strategies, but further specifics were not provided in the conference call[10]. Asset Composition - As of September 30, 2024, current assets totaled approximately CNY 6.87 billion, a decrease from CNY 7.04 billion at the end of 2023, reflecting a decline of about 2.43%[11]. - Cash and cash equivalents decreased to approximately CNY 746.35 million from CNY 1.16 billion, representing a decline of about 35.59%[11]. - Accounts receivable increased to approximately CNY 1.75 billion, up from CNY 1.38 billion, indicating a growth of about 27.00%[12]. - Inventory decreased to approximately CNY 3.22 billion from CNY 3.59 billion, a reduction of about 10.36%[12]. - Non-current assets increased to approximately CNY 2.21 billion from CNY 2.05 billion, reflecting a growth of about 7.63%[12]. - The company reported a significant increase in trading financial assets, rising to approximately CNY 480.54 million from CNY 62.41 million, a growth of about 669.06%[11].

诺力智能装备股份有限公司 第八届监事会第八次会议决议公告 本公司监事会及全体监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 担个别及连带责任。 一、监事会会议召开情况 诺力智能装备股份有限公司（以下简称"公司"或"诺力股份"）于 2024 年10月20日以电话或电子邮件的形式发出召开第八届监事会第八次会议的通知。 公司第八届监事会第八次会议于 2024 年 10 月 30 日（星期三）上午 10:30 在公 司 201 会议室以现场方式召开。会议应到监事 3 人，实到监事 3 人，会议由监事 吴望婴先生主持。本次会议的召开符合《公司法》及《公司章程》的有关规定， 会议审议并以举手表决的方式通过相关决议。 二、监事会会议审议情况 1、审议通过了《关于 2024 年第三季度报告的议案》。 证券代码：603611 证券简称：诺力股份 公告编号：2024-031 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《诺 力股份2024年第三季度报告》。 表决结果：同意票3票，反对票0票，弃权票0票。 2、审议通过了《关于全资子公司实施股权 ...

[Table_Title] 评级：买入（维持） 市场价格：14.91 [Table_Industry] 分析师：王可 执业证书编号：S0740519080001 Email：wangke03@zts.com.cn 分析师：姜楠宇 执业证书编号：S0740522110001 Email：jiangny@zts.com.cn | --- | --- | |---------------------------|-------| | | | | [Table_Profit] 基本状况 | | | 总股本 ( 百万股 ) | 258 | | 流通股本 ( 百万股 ) | 258 | | 市价 ( 元 ) | 14.91 | | 市值 ( 百万元 ) | 3,841 | | 流通市值 ( 百万元 ) | 3,841 | [Table_QuotePic] 股价与行业-市场走势对比 公司持有该股票比例 相关报告 1 《诺力股份：国内物流系统提供商 龙头，盈利向上拐点已现》20230513 2《诺力股份：业绩符合预期，经营战 略稳步推进》20230823 诺力股份（603611.SH） /机械设备 证券研究报告/公司点评 2 ...

证券研究报告：机械设备 | 公司点评报告 2024 年 8 月 22 日 公司基本情况 最新收盘价（元） 14.97 总股本/流通股本（亿股）2.58 / 2.58 总市值/流通市值（亿元）39 / 39 52 周内最高/最低价 23.21 / 13.75 资产负债率(%) 70.4% 市盈率 8.41 第一大股东 丁毅 股票投资评级 买入|维持 个股表现 -41% -37% -33% -29% -25% -21% -17% -13% -9% -5% -1% 2023-08 2023-11 2024-01 2024-03 2024-06 2024-08 诺力股份 机械设备 资料来源：聚源，中邮证券研究所 研究所 分析师:刘卓 SAC 登记编号:S1340522110001 Email:liuzhuo@cnpsec.com 分析师:陈基赟 SAC 登记编号:S1340524070003 Email:chenjiyun@cnpsec.com 诺力股份(603611) 业绩平稳增长，叉车战略持续发力 ⚫ 事件描述 公司发布 2024 年半年度业绩报告，2024H1 实现营收 34.72 亿元， 同增 3.61%；实 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][2]. Core Insights - The company reported a revenue of 3.47 billion yuan for the first half of 2024, representing a year-on-year growth of 3.6%. The net profit attributable to shareholders was 240 million yuan, up 8.3% year-on-year. In the second quarter, revenue was 1.72 billion yuan, also growing by 3.6% year-on-year, but down 1.8% quarter-on-quarter. The net profit for the second quarter was 130 million yuan, reflecting a year-on-year increase of 6.2% and a quarter-on-quarter increase of 8.2% [1]. - The domestic forklift demand remained stable, while overseas demand improved. The company's large vehicle segment continued to show high growth, and the three categories of vehicles saw significant year-on-year improvements, with the forklift segment driving steady revenue growth [1]. - The company effectively managed costs, resulting in a stable increase in net profit margin. The overall gross margin for the first half of 2024 was 21.8%, a decrease of 0.6 percentage points year-on-year. The net profit margin was 6.8%, an increase of 0.2 percentage points year-on-year. The decrease in gross margin was mainly due to changes in product structure and an increase in the revenue share of secondary vehicles [1]. - The electrification rate of large vehicles has significantly improved, with sales of first, second, and third category forklifts increasing by 19.0%, 22.6%, and 25.6% year-on-year, respectively. The overall industry electrification rate reached 70.8%, up 2.9 percentage points from the end of 2023, while the electrification rate for large vehicles reached 32.0%, an increase of 0.8 percentage points [1]. - The company's French subsidiary is empowering the integration of resources, with successful integration of the system integration business. The company has strengthened control over its domestic and overseas subsidiaries, enhancing technical upgrades and adjusting business structures [1]. Financial Forecasts - The company is expected to achieve net profits attributable to shareholders of 530 million yuan, 610 million yuan, and 720 million yuan for the years 2024, 2025, and 2026, respectively. The compound annual growth rate of net profit over the next three years is projected to be 16.5% [2][5]. - Revenue forecasts for the years 2024 to 2026 are 6.96 billion yuan, 7.58 billion yuan, and 8.40 billion yuan, with growth rates of 8.89%, 10.82%, and 12.76%, respectively [5]. - The earnings per share (EPS) are projected to be 1.78 yuan, 2.04 yuan, 2.37 yuan, and 2.81 yuan for the years 2024 to 2026 [5]. - The return on equity (ROE) is expected to remain stable at around 17.20% to 17.83% over the forecast period [5].

证券研究报告|公司动态报告 [Table_Date] 2024 年 08 月 22 日 [Table_Title] 坚持大车战略，业绩稳健增长 | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：603611 证券简称：诺力股份 公告编号：2024-028 诺力智能装备股份有限公司 关于增加 2024 年日常关联交易预计的公告 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 整性承担个别及连带责任。 重要内容提示： ●本次增加日常关联交易事项无需提交公司股东大会审议。 ●本次增加2024年日常关联交易预计事项对本公司无重大影响，不会造成 公司业务对关联人的依赖，不影响公司的独立性，不会损害公司和公司全体股 东的利益。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 2024 年 4 月 16 日，公司第八届董事会第七次会议审议通过了《关于 2024 年日常关联交易预计的议案》。同意 2024 年公司关联交易总额为 3,600.00 万 元。 根据业务开展需要,公司拟增加 2024 年度与关联公司长兴诺力电源有限公 司的日常关联交易额度，增加后 2024 年预计额度为 7,000 万元。2024 年 8 月 20 日，公司 2024 年第三次独立董事专门会议审议通过了《关于增加 2024 年度日常 关联交易预计的议案 ...

1、审议通过了《关于 2024 年半年度报告及其摘要的议案》 具体内容详见公司同日于上海证券交易所网站（www.sse.com.cn）披露的 《诺力股份 2024 年半年度报告》、《诺力股份 2024 年半年度报告摘要》。 表决结果：同意 8 票，反对 0 票，弃权 0 票。 证券代码：603611 证券简称：诺力股份 公告编号：2024-026 诺力智能装备股份有限公司 第八届董事会第十二次会议决议公告 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、准确性和完整性承 担个别及连带责任。 一、董事会会议召开情况 诺力智能装备股份有限公司（以下简称"公司"或"诺力股份"）于 2024 年 8 月 11 日以电话或电子通讯的形式发出召开第八届董事会第十二次会议的通知。 公司第八届董事会第十二次会议于 2024 年 8 月 21 日（星期三）上午 10:00 在公 司 201 会议室以现场及通讯方式召开会议。会议应到董事 8 人，实到董事 8 人， 其中董事陈彬、张洁、姜伟以通讯方式参加会议。公司第八届监事会全体监事及 高级管理人员列席了会议，会议由公司董事长 ...

证券代码：603611 证券简称：诺力股份 公告编号：2024-027 诺力智能装备股份有限公司 第八届监事会第七次会议决议公告 本公司监事会及全体监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 担个别及连带责任。 一、监事会会议召开情况 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的 《诺力股份关于增加 2024 年日常关联交易预计的公告》。 表决结果：同意票3票，反对票0票，弃权票0票。 特此公告。 诺力智能装备股份有限公司监事会 二、监事会会议审议情况 1、审议通过了《关于 2024 年半年度报告及其摘要的议案》。 具体内容详见公司同日于上海证券交易所网站（www.sse.com.cn）披露的 《诺力股份 2024 年半年度报告》、《诺力股份 2024 年半年度报告摘要》。 表决结果：同意票3票，反对票0票，弃权票0票。 2、审议通过了《关于增加 2024 年日常关联交易预计的议案》。 根据业务开展需要,公司拟增加 2024 年度与关联公司长兴诺力电源有限公 司的日常关联交易额度，增加后 2024 年预计额度为 7,0 ...

诺力智能装备股份有限公司 证券代码：603611 证券简称：诺力股份 公告编号：2024-029 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： 会议召开时间：2024 年 09 月 25 日(星期三) 上午 09:00-10:00 会 议 召 开 地 点 ： 上海证券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://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 09 月 18 日(星期三) 至 09 月 24 日(星期二)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 sec@noblelift.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 诺力智能装备股份有限公司（以下简称"公司"）于 2024 年 8 月 21 日发布 公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年半 年度经营成果、财务状况， ...