中航高科(600862) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,274,103,226.01, representing a year-on-year increase of 5.29%[4] - Net profit attributable to shareholders for Q3 2024 was ¥308,370,400.92, reflecting a growth of 5.25% compared to the same period last year[4] - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥303,725,765.32, which is an increase of 16.88% year-on-year[4] - The company achieved a total operating revenue of ¥3,821,116,880.91 for the year-to-date, which is a 5.48% increase compared to the same period last year[4] - The company reported a net profit of ¥91,196.92 million for the year-to-date, an 8% increase from the previous year[5] - Total operating revenue for the first three quarters of 2024 reached ¥3,821,116,880.91, an increase of 5.5% compared to ¥3,622,570,931.35 in the same period of 2023[22] - Net profit for the first three quarters of 2024 was ¥921,758,816.13, compared to ¥848,699,551.78 in 2023, representing a growth of 8.6%[23] - Earnings per share for the first three quarters of 2024 were ¥0.655, an increase from ¥0.606 in the same period of 2023[24] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥10,065,310,294.98, showing a year-on-year growth of 16.41%[5] - As of September 30, 2024, total assets reached approximately RMB 10.07 billion, an increase from RMB 8.65 billion at the end of 2023, reflecting a growth of about 16.3%[18] - Current assets totaled RMB 7.71 billion, up from RMB 6.30 billion at the end of 2023, indicating a growth of approximately 22.4%[18] - The total liabilities increased to RMB 7.71 billion from RMB 5.83 billion, reflecting a growth of about 32.3%[19] - The total liabilities increased to ¥2,845,087,978.91 in Q3 2024 from ¥2,200,820,819.22 in Q3 2023, marking a rise of 29.3%[22] - The total equity attributable to shareholders reached ¥6,840,444,947.98 in Q3 2024, up from ¥6,235,883,302.27 in Q3 2023, indicating a growth of 9.7%[22] Cash Flow - The cash flow from operating activities for Q3 2024 was negative at -¥201,332,798.50, indicating a significant decline of 61.51% year-to-date[4] - In the first three quarters of 2024, the net cash flow from operating activities was ¥141,539,019.85, a decrease of 61.5% compared to ¥367,775,430.43 in the same period of 2023[25] - Total cash inflow from operating activities was ¥1,565,769,197.90, down 20.6% from ¥1,971,063,471.52 in the previous year[25] - Cash outflow from operating activities totaled ¥1,424,230,178.05, a decrease of 11.2% compared to ¥1,603,288,041.09 in 2023[25] - The cash flow from investment activities showed a net outflow of ¥47,207,397.54, improving from a net outflow of ¥369,259,429.08 in the same period last year[26] - Cash inflow from financing activities was ¥162,895,685.00, significantly higher than ¥32,714,884.50 in the previous year[26] - The net cash flow from financing activities was -¥173,682,685.13, an improvement compared to -¥223,425,337.56 in 2023[26] Receivables and Payables - Accounts receivable increased by 105.27%, amounting to an increase of 231,323 thousand yuan, primarily due to the recovery of revenue from the subsidiary Aviation Industry Composite Materials in the fourth quarter[9] - Prepayments increased by 99.09%, with an increase of 1,669 thousand yuan, mainly due to increased prepayments for materials by the subsidiary Aviation Industry Composite Materials[9] - Other receivables increased by 62.32%, amounting to an increase of 1,418 thousand yuan, primarily due to increased inter-company transactions[9] - Payables increased by 86.89%, with an increase of 87,821 thousand yuan, mainly due to increased material purchases by the subsidiary Aviation Industry Composite Materials[9] - The company reported a significant increase in accounts payable, which rose to RMB 1.89 billion from RMB 1.01 billion, a growth of approximately 86.5%[19] Government Support and Other Income - The company received government subsidies amounting to ¥5,324,236.95 during the reporting period, contributing to its financial performance[6] - Other income increased by 84.59%, with an increase of 901 thousand yuan, primarily due to the subsidiary Aviation Industry Composite Materials benefiting from value-added tax deductions[10] Research and Development - Research and development expenses for the first three quarters of 2024 were ¥100,262,079.68, down from ¥114,338,321.93 in 2023, a decrease of 12.3%[22] Taxation - Tax expenses increased to ¥44,724,410.95 in 2024 from ¥23,856,100.47 in 2023, reflecting an increase of 87.5%[22] - Tax and additional charges increased by 87.48%, amounting to an increase of 2,087 thousand yuan, mainly due to growth in value-added tax and property tax[10]