Hangcha (SH:603298)2024-10-21 14:24Financial Performance - The company's operating revenue for Q3 2024 was CNY 4,178,744,209.70, a decrease of 2.65% compared to CNY 4,292,595,298.10 in the same period last year[6]. - Net profit attributable to shareholders was CNY 566,292,626.53, representing an increase of 9.07% from CNY 522,961,586.77 year-on-year[6]. - The net profit after deducting non-recurring gains and losses was CNY 559,041,961.71, up 11.31% from CNY 506,022,442.19 in the previous year[6]. - Total operating revenue for the first three quarters of 2024 reached ¥12,732,814,340.42, an increase from ¥12,538,041,769.98 in the same period of 2023, representing a growth of approximately 1.55%[19]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was ¥1,572,990,491.27, compared to ¥1,297,804,680.90 in 2023, reflecting a year-on-year increase of about 21.14%[20]. - The total comprehensive income for the first three quarters of 2024 was ¥1,640,333,807.51, compared to ¥1,405,070,848.81 in 2023, showing an increase of about 16.74%[20]. Assets and Liabilities - The total assets at the end of Q3 2024 reached CNY 15,490,972,527.85, reflecting a growth of 10.66% compared to CNY 13,894,213,061.92 at the end of the previous year[7]. - The total liabilities as of the end of Q3 2024 were ¥5,117,300,999.12, compared to ¥4,763,126,256.52 at the end of Q3 2023, marking an increase of about 7.43%[18]. - The total equity attributable to shareholders increased by 12.86% to CNY 9,710,895,187.89 from CNY 8,619,865,217.00 at the end of the previous year[7]. - The company's total equity attributable to shareholders of the parent company reached ¥9,710,895,187.89, up from ¥8,604,022,303.06 in the previous year, representing an increase of approximately 12.85%[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 673,852,726.31, down 27.07% from CNY 934,966,202.94 in the same period last year[6]. - Total cash inflow from operating activities was CNY 9,716,888,928.00, down from CNY 10,575,707,457.41, representing a decrease of about 8%[22]. - Cash outflow for purchasing goods and services was CNY 7,230,696,640.68, compared to CNY 8,077,588,709.27 in the previous year, a reduction of approximately 10.5%[22]. - Net cash flow from financing activities was negative CNY 800,006,199.62, compared to negative CNY 283,230,447.44 in the previous year, indicating a worsening of approximately 182%[23]. - Cash and cash equivalents at the end of the period were CNY 3,397,639,504.95, down from CNY 3,481,678,064.16 year-over-year[23]. Investments and Expenses - Research and development expenses for the first three quarters of 2024 amounted to ¥617,564,637.62, up from ¥544,027,304.73 in the previous year, indicating an increase of approximately 13.5%[19]. - The company reported a significant increase in investment income, which reached ¥335,308,199.40 for the first three quarters of 2024, compared to ¥265,178,651.66 in the same period of 2023, indicating a growth of approximately 26.4%[19]. - The total operating costs for the first three quarters of 2024 were ¥11,298,746,557.02, compared to ¥11,216,430,132.27 in 2023, reflecting an increase of about 0.73%[19]. Shareholder Information - The company has not reported any changes in major shareholders or their participation in margin trading activities during the reporting period[13]. - The company has not identified any related party transactions or concerted actions among major shareholders[13]. - There are no significant reminders or additional important information regarding the company's operational performance during the reporting period[14].