长虹美菱(000521) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥7,810,029,557.25, representing a 23.21% increase year-over-year[2]. - Net profit attributable to shareholders decreased by 17.99% to ¥115,406,948.15 compared to the same period last year[2]. - The net profit after deducting non-recurring gains and losses fell by 37.66% to ¥81,836,690.17[2]. - The basic earnings per share decreased by 17.94% to ¥0.1121[3]. - Net profit for the current period was ¥543,278,883.64, compared to ¥518,975,128.41 in the previous period, representing an increase of 4.7%[21]. - The profit attributable to shareholders of the parent company was ¥530,440,364.03, up from ¥498,774,154.38, marking a growth of 6.4%[21]. Assets and Liabilities - Total assets increased by 16.70% to ¥22,630,704,631.07 compared to the end of the previous year[3]. - The total assets of Changhong Meiling Co., Ltd. reached CNY 22.63 billion at the end of the period, an increase from CNY 19.39 billion at the beginning of the period, reflecting a growth of approximately 16.5%[16]. - The total liabilities increased to CNY 16.89 billion from CNY 14.67 billion, marking a rise of approximately 15%[17]. - Total liabilities reached ¥16,205,891,885.49, compared to ¥13,197,569,739.73 at the beginning of the period, indicating a growth of 22.7%[18]. Cash Flow - The company's cash flow from operating activities for the year-to-date increased by 14.09% to ¥2,745,427,803.45[2]. - Cash inflow from operating activities totaled 24,019,630,811.99 CNY, up from 20,309,712,655.70 CNY, representing an increase of about 8.4% year-over-year[22]. - The net cash flow from operating activities was 2,745,427,803.45 CNY, an increase from 2,406,267,035.85 CNY, marking a growth of around 14.1%[22]. - Cash inflow from investment activities was 7,629,810,130.35 CNY, significantly higher than 803,428,693.81 CNY in the previous period[23]. - The net cash flow from investment activities was -2,473,421,453.37 CNY, compared to -874,325,022.58 CNY in the previous period, indicating a decline in investment cash flow[23]. - Cash inflow from financing activities was 1,857,030,248.54 CNY, up from 1,385,723,998.52 CNY, reflecting an increase of approximately 34%[23]. Investments and Expenses - The company reported a significant increase in trading financial assets, rising by 3,644.32% to ¥1,469,136,701.27 due to increased investment in financial products[6]. - Investment income increased to ¥21,041,038.63, a 243.75% increase compared to ¥6,121,002.68 in the same period last year, primarily due to higher returns from financial products[8]. - Research and development expenses increased to ¥448,349,808.47 from ¥414,730,110.25, reflecting a rise of 8.1%[20]. - Tax expenses surged by 1,563.61% to ¥73,975,762.36 from ¥4,446,696.74, driven by an increase in taxable income[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,993[10]. - The largest shareholder, Sichuan Changhong Electric Co., Ltd., holds 24.12% of the shares, totaling 248,457,724 shares[11]. - The company will distribute a cash dividend of 3 RMB per 10 shares, totaling approximately 308.98 million RMB, which represents 41.70% of the net profit attributable to shareholders for 2023[12]. Corporate Governance and Future Plans - The company established an ESG management committee under the board of directors to enhance its ESG governance structure[12]. - The company approved an investment of 88 million RMB to upgrade the refrigerator production line at the Hefei manufacturing base to enhance production capacity and market competitiveness[12]. - The company plans to invest 100 million RMB to establish a wholly-owned subsidiary focused on manufacturing and selling variable frequency drive control boards for the air conditioning industry[12]. - The company approved a budget of up to 600 million RMB for guarantees related to raw material procurement for its wholly-owned subsidiary, Changhong Air Conditioning[13]. - The company plans to engage in forward foreign exchange transactions with a maximum balance of 1.199 billion USD from July 1, 2024, to June 30, 2025[13]. Audit and Reporting - The report for the third quarter was not audited[24].