Eurocrane(603966)2024-10-28 07:32Financial Performance - The company's operating revenue for Q3 2024 was ¥610,724,204.17, representing a year-on-year increase of 25.17%[2] - The net profit attributable to shareholders for Q3 2024 was ¥36,528,614.27, a decrease of 30.61% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥32,110,245.71, down 40.49% year-on-year[2] - Basic earnings per share for Q3 2024 were ¥0.1014, reflecting a decrease of 30.61% compared to the same period last year[4] - The diluted earnings per share for Q3 2024 were ¥0.0995, a decrease of 29.61% year-on-year[4] - The weighted average return on equity for Q3 2024 was 2.42%, a decrease of 1.11 percentage points compared to the same period last year[4] - Total operating revenue for the first three quarters of 2024 was CNY 1,416,909,396.59, a decrease of 1.5% compared to CNY 1,445,052,408.66 in the same period of 2023[15] - Operating profit for the first three quarters of 2024 was CNY 150,691,346.32, compared to CNY 155,968,236.23 in the same period of 2023, indicating a decline of 3.5%[17] - Net profit for the first three quarters of 2024 was CNY 124,805,673.06, down from CNY 141,110,603.02 in the previous year, representing a decrease of 11.5%[17] - The total comprehensive income for Q3 2024 is CNY 123,360,220.90, compared to CNY 146,228,887.78 in Q3 2023, indicating a decrease of 15.6%[18] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥3,762,189,465.60, an increase of 8.16% from the end of the previous year[4] - The equity attributable to shareholders at the end of Q3 2024 was ¥1,587,107,029.63, up 3.00% from the end of the previous year[4] - Non-current assets totaled CNY 1,429,960,940.18, an increase from CNY 1,382,005,598.52 year-over-year[13] - Total assets reached CNY 3,762,189,465.60, up from CNY 3,478,303,546.25, marking an increase of 8.1%[13] - Total liabilities amounted to CNY 2,164,344,450.50, compared to CNY 1,928,339,622.24 in the previous year, reflecting an increase of 12.2%[14] - The company's goodwill stood at CNY 453,663,135.93, slightly down from CNY 455,104,652.95 year-over-year[13] - Deferred income tax assets increased to CNY 37,618,989.56 from CNY 30,107,852.97, showing a growth of 24.5%[13] - The company's total equity reached CNY 1,597,845,015.10, up from CNY 1,549,963,924.01, indicating an increase of 3.1%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥165,686,423.33, an increase of 11.48% compared to the same period last year[2] - Cash flow from operating activities for the first three quarters of 2024 is CNY 165,686,423.33, an increase of 11.5% from CNY 148,626,364.94 in the same period of 2023[19] - Cash inflow from investment activities for the first three quarters of 2024 is CNY 640,687,646.79, up from CNY 360,244,534.96 in the previous year, representing an increase of 77.9%[20] - The net cash flow from financing activities for Q3 2024 is -CNY 42,770,098.61, an improvement compared to -CNY 65,377,668.24 in Q3 2023[20] - The company’s cash and cash equivalents at the end of Q3 2024 amount to CNY 418,171,504.33, compared to CNY 308,989,426.98 at the end of Q3 2023, showing an increase of 35.4%[20] Shareholder Information - The company’s major shareholders include Jin Hongping and Tao Fenghua, who together control 44.71% of the shares, making them the actual controllers of the company[10] - The top ten shareholders hold a total of 44.71% of the shares, with the largest individual shareholder, Jin Hongping, owning 17.72%[10] - The company reported a total of 16,677 common shareholders at the end of the reporting period[10] - The company has not reported any significant changes in the financing or margin trading activities of its top shareholders[10] Operational Insights - The company reported non-recurring gains of ¥4,418,368.56 for Q3 2024, primarily due to government subsidies and other non-operating income[6] - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[11] - The company has not reported any net profit from subsidiaries prior to the merger, indicating no impact from this activity on the current financial results[19] Current Assets - Total current assets as of September 30, 2024, amounted to CNY 2,332,228,525.42, an increase from CNY 2,096,297,947.73 as of December 31, 2023, reflecting a growth of approximately 11.25%[12] - Cash and cash equivalents increased to CNY 456,082,479.68 from CNY 428,058,511.57, representing a rise of about 6.00%[12] - Accounts receivable rose to CNY 635,674,334.69 from CNY 582,814,006.28, indicating an increase of approximately 9.05%[12] - Inventory increased significantly to CNY 753,113,976.60 from CNY 641,671,755.08, marking a growth of around 17.39%[12] Earnings Overview - The net profit attributable to the parent company for Q3 2024 is CNY 123,105,013.12, a decrease of 11.2% compared to CNY 138,647,938.00 in Q3 2023[18] - The basic earnings per share for Q3 2024 is CNY 0.3419, down from CNY 0.3850 in Q3 2023, reflecting a decline of 11.1%[18] - The company reported a decrease in other comprehensive income after tax, with a net amount of -CNY 1,445,452.16 for Q3 2024, compared to CNY 5,118,284.76 in Q3 2023[18] - The total revenue from sales of goods and services for the first three quarters of 2024 is CNY 1,621,271,946.41, an increase of 9.7% from CNY 1,476,816,684.87 in the same period of 2023[19]