厦门信达(000701) - 2024 Q3 - 季度财报

Revenue and Profit Performance - Revenue for the reporting period was RMB 9,091,765,357.37, a decrease of 48.22% year-over-year[3] - Net profit attributable to shareholders of the listed company was RMB -82,075,351.81, an increase of 22.12% year-over-year[3] - Operating income for the first nine months of 2024 was RMB 34,228,938,009.25, a decrease of 38.73% year-over-year[6] - Total revenue for the quarter was RMB 34.23 billion, a decrease of 38.7% compared to RMB 55.87 billion in the same period last year[23] - Net profit for the quarter was a loss of RMB 156.32 million, compared to a loss of RMB 176.54 million in the same period last year[24] - The company's basic earnings per share for the quarter was a loss of RMB 0.3381, compared to a loss of RMB 0.3260 in the same period last year[25] - The company's total comprehensive income for the quarter was a loss of RMB 165.14 million, compared to a loss of RMB 149.89 million in the same period last year[25] Asset and Liability Changes - Total assets as of the end of the reporting period were RMB 18,795,554,753.88, an increase of 17.16% compared to the end of the previous year[4] - Short-term borrowings as of the end of the reporting period were RMB 5,945,852,310.07, an increase of 146.46% compared to the end of the previous year[6] - Non-current liabilities due within one year as of the end of the reporting period were RMB 1,936,113,208.95, an increase of 506.29% compared to the end of the previous year[6] - Other current assets as of the end of the reporting period were RMB 2,756,352,700.89, an increase of 798.36% compared to the end of the previous year[6] - Contract assets as of the end of the reporting period were RMB 18,695,932.35, an increase of 303.15% compared to the end of the previous year[6] - Total assets increased to RMB 18,795,554,753.88 as of September 30, 2024, up from RMB 16,042,193,974.29 at the beginning of the year[21] - Total liabilities increased to RMB 15.43 billion, up 24.2% from RMB 12.43 billion at the beginning of the year[22] - Total equity decreased to RMB 3.36 billion, down 6.9% from RMB 3.61 billion at the beginning of the year[23] - The company's total assets increased to RMB 18.80 billion, up 17.2% from RMB 16.04 billion at the beginning of the year[23] Cash Flow and Financial Position - Operating cash flow increased by 87.67% to -199,958,684.75 compared to -1,621,653,789.26 in the previous year[9] - Investment cash flow decreased by 248.87% to -2,807,895,928.72 compared to -804,862,721.34 in the previous year[9] - Financing cash flow increased by 98.28% to 3,818,236,417.80 compared to 1,925,634,642.87 in the previous year[9] - Cash and cash equivalents increased to RMB 3,068,395,417.62 as of September 30, 2024, up from RMB 2,079,844,196.75 at the beginning of the year[20] - Accounts receivable decreased to RMB 2,389,355,493.53 as of September 30, 2024, down from RMB 2,677,371,204.40 at the beginning of the year[20] - Inventory decreased to RMB 2,540,957,899.00 as of September 30, 2024, down from RMB 3,031,554,900.55 at the beginning of the year[21] - Short-term borrowings increased to RMB 5,945,852,310.07 as of September 30, 2024, up from RMB 2,412,548,055.69 at the beginning of the year[21] - Net cash flow from operating activities improved to -199.96 million yuan from -1.62 billion yuan, showing a significant reduction in negative cash flow[27] - Cash received from investments increased to 8.07 billion yuan from 6.95 billion yuan, a growth of 16.1%[27] - Net cash flow from investing activities worsened to -2.81 billion yuan from -804.86 million yuan, indicating increased investment outflows[27] - Cash received from financing activities rose to 19.50 billion yuan from 17.80 billion yuan, an increase of 9.5%[27] - Net cash flow from financing activities improved to 3.82 billion yuan from 1.93 billion yuan, showing stronger financing capabilities[27] - Net increase in cash and cash equivalents turned positive at 807.59 million yuan compared to -468.68 million yuan in the previous period[27] - Ending cash and cash equivalents balance decreased slightly to 2.53 billion yuan from 2.62 billion yuan, a reduction of 3.3%[27] Investment and Fair Value Changes - Investment income for the first nine months of 2024 was RMB 203,400,940.02, an increase of 875.62% year-over-year[6] - Fair value change losses for the first nine months of 2024 were RMB -98,205,206.47, a decrease of 148.01% year-over-year[6] - Investment income increased due to gains from the disposal of derivative contracts[10] - Fair value change income decreased due to reduced gains from the fair value changes of derivative contracts held[10] Shareholder and Equity Information - The number of ordinary shareholders at the end of the reporting period was 47,968[11] - 120,345,320 shares of A-shares from the 2020 private placement were released from lock-up and became tradable on May 13, 2024[14] - 109,209,422 shares of A-shares from the 2022 private placement were released from lock-up and became tradable on January 4, 2024[15] - The company completed the repurchase and cancellation of 3,438,000 restricted shares from the 2020 equity incentive plan due to unmet performance targets[17] - The company completed the repurchase and cancellation of 7,933,000 restricted shares from the 2022 equity incentive plan due to unmet performance targets and employee departures[19] Operating Costs and Expenses - Operating costs for the quarter were RMB 34.43 billion, a decrease of 38.9% compared to RMB 56.42 billion in the same period last year[23] - R&D expenses for the quarter were RMB 32.45 million, a decrease of 14.0% compared to RMB 37.75 million in the same period last year[23] - Financial expenses for the quarter were RMB 235.71 million, a decrease of 14.8% compared to RMB 276.77 million in the same period last year[23] - Revenue from supply chain business decreased, leading to a reduction in operating income and costs[10] Impairment and Credit Losses - Credit impairment losses decreased by 97.64% to 3,175,317.28 compared to 134,649,628.72 in the previous year[9] - Asset impairment losses increased by 32.19% to -165,825,355.69 compared to -125,446,114.42 in the previous year[9] Cash and Sales Revenue - Sales revenue from goods and services received in cash decreased to 37.95 billion yuan from 61.71 billion yuan, a decline of 38.5%[26] - Total cash inflow from operating activities dropped to 38.68 billion yuan from 62.55 billion yuan, a decrease of 38.1%[26] Audit and Reporting - The company's third quarter report was not audited[28]