远东股份(600869) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 was CNY 687,697.42 million, a decrease of 2.06% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 3,045.44 million, down 53.52% year-on-year[2] - Basic earnings per share for Q3 2024 was CNY 0.0137, a decrease of 53.56% compared to the same period last year[2] - The company's net profit attributable to shareholders for the year-to-date was CNY -9,929.47 million, a decline of 125.81% compared to the same period last year[6] - The net profit attributable to shareholders was a loss of RMB 99 million, a decrease of 125.81% year-on-year[11] - The net profit for Q3 2024 was -149,145,665.85 RMB, compared to a net profit of 401,623,098.32 RMB in Q3 2023, representing a significant decline[20] - The total comprehensive income for Q3 2024 was -149,226,856.25 RMB, down from 401,465,791.37 RMB in the same period last year[22] - The basic and diluted earnings per share for Q3 2024 were both -0.0447 RMB, compared to 0.1733 RMB in Q3 2023[22] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 2,100,727.76 million, an increase of 4.63% from the end of the previous year[3] - The company reported an increase in total liabilities, impacting the equity attributable to shareholders, which decreased by 4.10% year-on-year[3] - The company's total assets as of September 30, 2024, amounted to ¥21,007,277,645.27, compared to ¥20,078,257,274.55 at the end of 2023, representing a growth of 4.6%[17] - The company's total liabilities reached ¥16,529,270,929.57, up from ¥15,324,134,908.24 in 2023, reflecting an increase of 7.9%[17] - Current assets totaled ¥14,575,846,313.95 as of September 30, 2024, an increase from ¥14,051,067,291.77 at the end of 2023, indicating a rise of 3.7%[15] - The total non-current assets increased to ¥6,431,431,331.32 as of September 30, 2024, compared to ¥6,027,189,982.78 at the end of 2023, showing an increase of 6.7%[16] Cash Flow - Net cash flow from operating activities for the year-to-date was CNY -21,299.80 million, a decrease of 168.97% year-on-year[6] - Cash flow from operating activities for the first nine months of 2024 was -212,997,953.62 RMB, a decrease from 308,807,175.22 RMB in the same period of 2023[23] - Total cash inflow from operating activities in the first nine months of 2024 was 18,938,639,268.66 RMB, compared to 18,256,488,257.05 RMB in 2023, indicating a year-over-year increase[22] - Cash outflow from operating activities for the first nine months of 2024 was 19,151,637,222.28 RMB, up from 17,947,681,081.83 RMB in the previous year[23] - Cash flow from investing activities for Q3 2024 was -666,426,112.07 RMB, compared to -319,311,931.52 RMB in Q3 2023, indicating increased cash outflow[23] - Cash flow from financing activities for Q3 2024 was 582,949,357.63 RMB, a recovery from -193,919,557.61 RMB in Q3 2023[23] Operational Performance - In the first three quarters of 2024, the company achieved operating revenue of RMB 18.22 billion, a year-on-year increase of 4.78%, marking a record high for the same period[11] - The smart cable network business generated revenue of RMB 16.28 billion, with a year-on-year growth of 0.77%, but net profit decreased by 60.64%[12] - The smart battery business reported revenue of RMB 779 million, a significant increase of 85.18%, despite a net loss of RMB 505 million, a decrease of 26.14% year-on-year[13] - The company secured over RMB 19.86 billion in contracts for the smart battery segment, reflecting a year-on-year growth of 421.69%[13] - The smart airport segment achieved revenue of RMB 1.096 billion, a year-on-year increase of 42.86%, with net profit rising by 19.48%[14] Research and Development - Research and development investment reached RMB 577 million, an increase of 11.75% year-on-year[11] - Research and development expenses increased to ¥576,783,773.18 in 2024, compared to ¥516,133,296.93 in 2023, marking an increase of 11.7%[19] - The company continues to focus on technological innovation, receiving multiple awards for its projects and products in various sectors[12] Employee Information - The total number of employees decreased by 122 to 8,401, while the average employee income increased by 8.98% year-on-year[11] Market Expansion - The company is actively expanding its overseas market presence, establishing marketing centers in cities like Frankfurt, Rotterdam, Milan, and Santiago[13]