开山股份(300257) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was 1.077 billion yuan, a 6.69% increase compared to the same period last year[2] - Net profit attributable to shareholders in Q3 2024 was 42.65 million yuan, a decrease of 62.57% year-over-year[2] - Total revenue for the period was 3,109,933,951.43 yuan, a slight decrease from the previous period's 3,124,511,761.25 yuan[12] - Operating profit decreased to 265,143,509.20 yuan from 391,000,794.84 yuan in the previous period[13] - Net profit attributable to parent company shareholders was 220,255,702.47 yuan, down from 347,159,272.36 yuan in the previous period[15] - Basic earnings per share decreased to 0.2217 yuan from 0.3494 yuan[15] - Total comprehensive income was 242,585,032.70 yuan, down from 542,070,607.36 yuan in the previous period[15] - The weighted average return on equity for Q3 2024 was 0.70%, a decrease of 1.21 percentage points compared to the same period last year[2] Assets and Liabilities - Total assets as of the end of Q3 2024 were 16.67 billion yuan, a 17.07% increase compared to the end of the previous year[2] - The company's total assets as of September 30, 2024, amount to RMB 16,670,624,925.88, with current assets totaling RMB 5,939,874,537.74[10] - The company's monetary funds increased significantly to RMB 2,680,652,312.70 as of September 30, 2024, compared to RMB 629,057,432.09 at the beginning of the period[10] - Accounts receivable increased to RMB 1,233,004,060.98 as of September 30, 2024, from RMB 1,117,727,643.61 at the beginning of the period[10] - Inventory increased to RMB 1,481,436,941.94 as of September 30, 2024, from RMB 1,342,758,662.08 at the beginning of the period[10] - Short-term borrowings increased to RMB 3,747,786,014.25 as of September 30, 2024, from RMB 2,603,130,866.38 at the beginning of the period[10] - Fixed assets decreased to RMB 7,430,783,792.70 as of September 30, 2024, from RMB 7,754,557,536.63 at the beginning of the period[10] - Total liabilities increased to 10,317,711,436.56 yuan from 8,028,229,480.15 yuan[11] - Contract liabilities increased to 462,033,121.82 yuan from 398,558,503.58 yuan[11] - Long-term borrowings decreased to 1,329,770,036.92 yuan from 1,674,034,737.25 yuan[11] Cash Flow - Cash flow from operating activities for the first three quarters of 2024 was 322.12 million yuan, a 42.77% decrease year-over-year[2] - Operating cash flow increased to 322,124,363.28, up from 562,855,984.87 in the previous period[16] - Cash flow from financing activities surged by 486.92% to 683.77 million yuan, primarily due to increased borrowing[5] - Net cash flow from financing activities was 683,767,008.18, compared to 116,500,828.93 in the previous period[17] - Cash and cash equivalents at the end of the period were 1,057,863,172.06, up from 430,935,585.24 in the previous period[17] - Cash received from other operating activities was 705,012,598.45, compared to 194,398,252.11 in the previous period[16] - Cash paid for employee benefits increased to 546,493,611.40, up from 480,941,706.04 in the previous period[16] - Cash paid for construction of fixed assets and intangible assets decreased to 372,210,144.62, down from 728,390,236.50 in the previous period[16] - Cash received from borrowings increased significantly to 7,196,129,011.79, compared to 3,074,600,000.00 in the previous period[16] - Cash paid for debt repayment was 4,575,635,581.95, compared to 2,794,596,612.66 in the previous period[16] - Cash received from tax refunds was 27,698,616.74, compared to 48,197,778.19 in the previous period[16] - Net cash flow from investment activities was -369,430,353.59, compared to -737,101,201.99 in the previous period[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 16,117[6] - Kaishan Holding Group Co., Ltd. holds 56.98% of the company's shares, totaling 566,162,342 shares[6] - Cao Kejian, an individual shareholder, holds 5.01% of the company's shares, totaling 49,800,000 shares[6] - The National Social Security Fund 114 Portfolio holds 1.63% of the company's shares, totaling 16,160,081 shares[6] Financial Expenses and Impairment - Financial expenses rose by 52.72% to 190.71 million yuan, driven by increased interest expenses from the issuance of overseas dollar bonds and exchange rate fluctuations[5] - Credit impairment losses increased by 106.38% to -28.56 million yuan due to higher bad debt provisions for receivables[5] - Research and development expenses increased to 87,732,242.17 yuan from 80,978,378.74 yuan[13] Borrowing and Debt - The company issued overseas dollar bonds, leading to a 326.14% increase in monetary funds to 2.68 billion yuan[5] - Short-term borrowings increased by 43.97% to 3.75 billion yuan due to higher borrowing during the period[5] Sales and Revenue - Sales revenue from goods and services was 2,954,083,765.24 yuan, down from 3,084,866,577.15 yuan[14]