股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2024年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 廣州汽車集團股份有限公司(於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2024年11月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 A | | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601238 | 說明 | A股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 7,388,297,513 | RMB | | 1 RMB | | 7,388,297,513 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 7,388,297,513 | RMB | | 1 RMB | | 7,388,297,513 ...

H股代码：02238 H 股简称：广汽集团 2020 年 A 股股票期权与限制性股票激励计划第 2 个行权期行权结果： 行权方式为自主行权,自 2023 年 12 月 11 日起进入行权期。本月行权 0 股，截至 2024 年 10 月 31 日，累计行权 163,433 股，占第 2 个行权期可行权股票期权总 量的 0.66%。 一、2020 年 A 股股票期权与限制性股票激励计划的决策程序及相关信息披 1、2020 年 9 月 24 日，公司第五届董事会第 52 次会议和第五届监事会第 19 次会议审议通过《关于 2020 年 A 股股票期权与限制性股票激励计划（草案）及 摘要的议案》及其他相关议案，公司独立董事、监事会、律师、独立财务顾问均 发表了相关意见。本计划采用"股票期权+限制性股票"的复合型激励工具，拟 向不超过 3,200 名激励对象授予股票期权和限制性股票，授予权益总量不超 2.2 亿股。其中，股票期权和限制性股票按照 1:1 等额配置，授予总量分别不超过 1.1 亿股。本计划股票期权的行权价格为 9.98 元/股，限制性股票的授予价格为 4.99 元/股。（公告编号：临 2020-076、 ...

证券研究报告·公司点评报告·乘用车 广汽集团（601238） 2024 年三季报点评：业绩低于预期，静待合 资自主经营改善 2024 年 11 月 04 日 买入（维持） | --- | --- | --- | --- | --- | --- | |------------------------------|--------|---------|---------|--------|--------| | 盈利预测与估值 [Table_EPS] | 2022A | 2023A | 2024E | 2025E | 2026E | | 营业总收入（百万元） | 110272 | 129706 | 113306 | 135139 | 152907 | | 同比（ % ） | 45.72 | 17.62 | (12.64) | 19.27 | 13.15 | | 归母净利润（百万元） | 8064 | 4429 | 2370 | 3086 | 4049 | | 同比（ % ） | 9.94 | (45.08) | (46.50) | 30.24 | 31.20 | | EPS- 最新摊薄（元 / 股） | 0.78 ...

流通股本（万股） 736,224.92 2024 年 11 月 03 日 公司研究 评级：增持(维持) 研究所： 证券分析师： 戴畅 S0350523120004 daic@ghzq.com.cn [Table_Title] 2024Q3 业绩承压，静待智能转型触底反弹 ——广汽集团（601238）2024 年三季报点评 最近一年走势 事件: 广汽集团 2024 年 10 月 30 日发布三季度报告：公司 2024 年前三季度实 现营业收入 740.4 亿元，同比-24.18%，实现归母净利润 1.201 亿元，同 比-97.34%，扣非后归母净利润-18.704 亿元，同比-146.49%；2024Q3 前三季度累计销量 133.5 万辆，同比-25.59%。 投资要点: 2024Q3 营 收 同 比 下滑 ， 自 主 合 资 销 量 同 比承 压 环 比 恢 复 。 2024Q3 公 司 实 现 营 收 282.3 亿 元 ， 同 / 环 比 分 别 为 -21.73%/+15.42%，营收表现主要原因是自主品牌销量同比承压， 环比修复。2024Q3 公司自主品牌实现销量 18.9 万辆，同/环比 -24 ...

Investment Rating - The report maintains a "Hold" rating for GAC Group with a current price of 7.89 CNY per share [6]. Core Views - GAC Group's revenue for the first three quarters of 2024 was 74.74 billion CNY, a year-on-year decrease of 23.9%. In Q3 2024, revenue was 28.49 billion CNY, showing a year-on-year increase of 21.5% and a quarter-on-quarter increase of 15.4% [3][4]. - The net profit attributable to shareholders for the first three quarters of 2024 was 120 million CNY, down 97.3% year-on-year, with a net loss of 1.4 billion CNY in Q3 2024 [3][4]. - The company is undergoing significant reforms to enhance its management model and organizational structure, aiming for sustainable and high-quality development [4]. - GAC Group is expanding its overseas exports, with new models being launched in key markets, indicating a new phase of global growth [4]. Financial Summary - For 2024, the forecasted revenue is 129.71 billion CNY, with a growth rate of 17.6%. The net profit attributable to shareholders is projected to be 645 million CNY, reflecting a decrease of 85.4% [5][7]. - The earnings per share (EPS) for 2024 is expected to be 0.06 CNY, with a price-to-earnings (PE) ratio of 127 [5][7]. - The company anticipates a gradual recovery in profitability, with net profit forecasts of 1.62 billion CNY and 2.37 billion CNY for 2025 and 2026, respectively [5][7].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 廣州汽車集團股份有限公司(於中華人民共和國註冊成立的股份有限公司) 呈交日期： 2024年11月1日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02238 | 說明 | H股 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 佔有關事件前的現有已發 | | 庫存股份變動 | ...

FF305 表格類別： 股票 狀態： 新提交 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 公司名稱： 廣州汽車集團股份有限公司(於中華人民共和國註冊成立的股份有限公司) 呈交日期： 2024年10月31日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02238 | H股 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | | 事件 | ...

Financial Performance - The company's operating revenue for Q3 2024 was CNY 28,232,640,204, representing a decrease of 21.73% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2024 was a loss of CNY 1,396,284,654, a decline of 190.40% year-on-year[4]. - The net profit excluding non-recurring gains and losses for Q3 2024 was a loss of CNY 1,532,253,060, reflecting a decrease of 216.01% compared to the previous year[4]. - The basic earnings per share for Q3 2024 was -CNY 0.13, down 189.35% year-on-year[4]. - The diluted earnings per share for Q3 2024 was also -CNY 0.13, a decrease of 189.04% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 74.74 billion, a decrease of 23.8% compared to CNY 98.18 billion in the same period of 2023[26]. - The company reported a net loss of CNY 894.33 million for the first three quarters of 2024, compared to a profit of CNY 3.85 billion in the same period of 2023[26]. - The total comprehensive income for the first three quarters of 2024 is -638,509,734 RMB, compared to 4,200,851,456 RMB in 2023[27]. - The basic and diluted earnings per share for the first three quarters of 2024 is 0.01 RMB, compared to 0.43 RMB in 2023, reflecting a decline of approximately 97.7%[27]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was CNY 983,097,272, down 75.56% year-on-year[4]. - The company's current assets as of September 30, 2024, total 102,540,561,427 RMB, compared to 101,110,638,069 RMB on December 31, 2023[20]. - Cash and cash equivalents decreased from 48,895,164,629 RMB to 42,729,295,583 RMB, a decline of approximately 4.45%[20]. - The total assets of the company reached CNY 223.07 billion as of September 30, 2024, compared to CNY 218.39 billion at the end of 2023, an increase of 2.5%[25]. - The cash and cash equivalents at the end of the reporting period for 2024 is 39,542,261,053 RMB, down from 45,402,770,328 RMB in 2023[30]. - The net cash flow from investing activities for the first three quarters of 2024 is -9,307,683,052 RMB, worsening from -3,213,598,493 RMB in 2023[29]. - Cash inflow from financing activities for the first three quarters of 2024 is 34,633,034,293 RMB, slightly down from 34,643,265,200 RMB in 2023[30]. - The net cash flow from financing activities for the first three quarters of 2024 is 1,784,701,429 RMB, a decrease from 7,109,992,703 RMB in 2023[30]. Shareholder Information - Guangzhou Automobile Group Co., Ltd. holds 5,508,160,069 shares, accounting for 53.16% of the total share capital[15]. - HKSCC Nominees Limited holds 2,969,896,346 shares, representing 28.66% of the total share capital[15]. - The total number of shares held by the top ten shareholders includes significant stakes from state-owned entities, indicating strong institutional support[15]. - The company has no outstanding shares under repurchase agreements as of the reporting date[19]. Operational Costs and Expenses - Total operating costs for the first three quarters of 2024 were CNY 80.53 billion, down from CNY 101.41 billion in 2023, reflecting a reduction of 20.6%[26]. - Research and development expenses for the first three quarters of 2024 were CNY 1.03 billion, down from CNY 1.31 billion in the same period of 2023, a decrease of 21.4%[26]. - The company attributed the decline in net profit to decreased vehicle sales, increased marketing expenses, and foreign exchange losses due to currency fluctuations[7]. Liabilities and Equity - Long-term borrowings increased to CNY 10.60 billion as of September 30, 2024, up from CNY 8.90 billion at the end of 2023, representing an increase of 19.1%[24]. - Current liabilities rose to CNY 82.35 billion as of September 30, 2024, compared to CNY 77.13 billion at the end of 2023, marking an increase of 6.5%[23]. - The equity attributable to shareholders at the end of the reporting period was CNY 113,807,580,182, a decrease of 1.65% from the previous year-end[4]. - The company’s equity attributable to shareholders decreased to CNY 113.81 billion as of September 30, 2024, down from CNY 115.72 billion at the end of 2023, a decline of 1.6%[25]. Inventory and Receivables - Accounts receivable decreased from 5,303,952,616 RMB to 3,729,891,702 RMB, a reduction of about 29.66%[20]. - Inventory increased from 16,720,313,161 RMB to 17,627,499,965 RMB, an increase of approximately 5.43%[20]. - The company reported a significant increase in financial assets at fair value through profit or loss, rising from 2,790,794,245 RMB to 3,000,782,371 RMB, an increase of about 7.52%[20].

Financial Performance - The company's operating revenue for the third quarter was ¥28,232,640,204, a decrease of 21.73% compared to the same period last year[2] - The net profit attributable to shareholders of the listed company was -¥1,396,284,654, representing a decline of 190.40% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥1,532,253,060, a decrease of 216.01% compared to the previous year[2] - The basic earnings per share for the third quarter was -¥0.13, down 189.35% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 74.74 billion, a decrease of 23.8% compared to CNY 98.18 billion in the same period of 2023[15] - Net profit for the first three quarters of 2024 was a loss of CNY 493.17 million, compared to a profit of CNY 4.17 billion in the same period of 2023[16] - The total comprehensive income attributable to minority shareholders was -621,123,764 RMB, compared to -342,016,581 RMB in the previous year[17] - Basic and diluted earnings per share were both 0.01 RMB, down from 0.43 RMB in the same period last year[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥223,065,816,625, an increase of 2.14% compared to the end of the previous year[3] - As of September 30, 2024, the total current assets amounted to CNY 102.54 billion, compared to CNY 101.11 billion as of December 31, 2023, reflecting a slight increase[12] - The total non-current assets decreased from CNY 85.73 billion to CNY 82.73 billion, a decline of approximately 3.5%[12] - The company’s long-term equity investments decreased from CNY 37.14 billion to CNY 29.50 billion, a decline of about 20.6%[12] - Total liabilities rose to CNY 101.00 billion, an increase from CNY 93.99 billion in the previous year[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥983,097,272, a decrease of 75.56% compared to the previous year[6] - Cash inflow from operating activities totaled 100,425,333,366 RMB, a decrease of 22.9% from 130,321,560,535 RMB in the previous year[18] - Cash outflow from operating activities was 99,442,236,094 RMB, resulting in a net cash flow from operating activities of 983,097,272 RMB, down 75.6% from 4,022,037,655 RMB[18] - Cash inflow from investment activities was 27,471,590,379 RMB, slightly down from 28,801,940,349 RMB in the previous year[18] - Net cash flow from investment activities was -9,307,683,052 RMB, worsening from -3,213,598,493 RMB in the previous year[18] - Cash inflow from financing activities was 34,633,034,293 RMB, nearly unchanged from 34,643,265,200 RMB in the previous year[19] - Net cash flow from financing activities was 1,784,701,429 RMB, a significant decrease from 7,109,992,703 RMB in the previous year[19] - The ending balance of cash and cash equivalents was 39,542,261,053 RMB, down from 45,402,770,328 RMB at the end of the previous year[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 139,147[7] - There were no significant changes in the shareholder structure or major shareholder activities reported during this period[10] Operational Insights - The company experienced a significant decline in automobile sales, which contributed to the overall decrease in net profit[5] - The company has not reported any new strategies or product developments in the current quarter[11] - The company plans to focus on market expansion and new product development in the upcoming quarters[15] Other Financial Metrics - The weighted average return on equity decreased by 2.52 percentage points to -1.20% for the current period[3] - The company reported a significant increase in interest income to CNY 700.72 million, up from CNY 525.76 million in the same period last year[15] - Research and development expenses decreased to CNY 1.03 billion from CNY 1.31 billion year-over-year[15] - The company’s fixed assets increased to CNY 23.61 billion, compared to CNY 21.93 billion in the previous year[14] - The company’s total equity attributable to shareholders decreased to CNY 113.81 billion from CNY 115.72 billion year-over-year[14] Accounting Changes - The company began implementing new accounting standards in 2024, which may affect financial reporting[20]

证券时报e公司讯，广汽集团(601238)消息，公司召开管理模式改革及总部搬迁动员大会，同意对自主 品牌的管理模式由战略管控向经营管控转变，并同步实施相关组织机构改革，建立高效灵活的市场化机 制和组织体系，进一步降低运营成本，提升管理效率。 同时，广汽集团总部办公地址将从珠江新城CBD搬迁至广州市番禺区，以推进全要素向一线实务集 中，为经营管控型管理模式提供组织保障。 ...