保变电气(600550) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,311,466,112.40, representing a 69.78% increase compared to the same period last year[2]. - The net profit attributable to shareholders for the year-to-date period is ¥84,398,754.98, with a basic earnings per share of ¥0.046[2]. - The weighted average return on equity increased by 15.90 percentage points to 10.99% for the current period[2]. - The company experienced a 54.85% increase in operating revenue for the year-to-date period, driven by increased product orders[5]. - Total operating revenue for the first three quarters of 2024 reached ¥3,172,980,176.29, a significant increase of 55.0% compared to ¥2,049,043,182.14 in the same period of 2023[13]. - Operating profit for the third quarter of 2024 was ¥103,155,165.47, compared to a loss of ¥59,080,393.28 in the same quarter of 2023[14]. - Net profit for the first three quarters of 2024 was ¥99,184,362.44, recovering from a net loss of ¥63,684,604.40 in the same period of 2023[15]. - The company's total liabilities increased to ¥6,183,923,069.29, up from ¥5,682,115,619.94 year-over-year[11]. - The total equity attributable to shareholders of the parent company rose to ¥589,763,463.40, compared to ¥507,164,597.31 in the previous year[12]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,872,229,426.56, reflecting a 9.48% increase from the end of the previous year[2]. - The company's equity attributable to shareholders increased by 16.29% to ¥589,763,463.40 compared to the previous year[2]. - Total current assets as of September 30, 2024, amounted to CNY 5,311,760,251.49, an increase from CNY 4,673,748,961.53 as of December 31, 2023, reflecting a growth of approximately 13.66%[7]. - Total assets reached CNY 6,872,229,426.56, up from CNY 6,277,343,549.50, marking a growth of approximately 9.46%[9]. - Short-term borrowings increased to CNY 1,549,500,000.00 from CNY 1,155,000,000.00, reflecting a rise of about 34.19%[9]. - Accounts payable rose to CNY 2,043,975,784.25 from CNY 1,660,055,417.06, an increase of approximately 23.06%[9]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥605,806,221.18, indicating a significant cash outflow[2]. - The company's cash flow from operating activities improved, contributing to the overall positive financial performance in 2024[16]. - The total cash inflow from operating activities for the first three quarters of 2024 was approximately CNY 3.32 billion, an increase of 19.7% compared to CNY 2.77 billion in the same period of 2023[17]. - The net cash outflow from operating activities was CNY -605.81 million, worsening from CNY -267.33 million year-over-year[17]. - Cash inflow from financing activities increased to CNY 1.48 billion in 2024, compared to CNY 1.32 billion in 2023, reflecting a growth of 12.1%[19]. - The net cash flow from financing activities improved to CNY 328.95 million, up from CNY 202.18 million in the previous year[19]. - The cash and cash equivalents at the end of Q3 2024 stood at CNY 389.99 million, a decrease from CNY 278.78 million in Q3 2023[19]. Operational Insights - The gross profit margin improved due to increased sales and product profitability, contributing to the rise in net profit[5]. - Research and development expenses for the first three quarters of 2024 were ¥63,832,188.54, a decrease from ¥137,839,516.43 in the same period of 2023[13]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth[2]. - The company reported no changes in the participation of major shareholders in margin trading and securities lending activities[7]. - There were no significant reminders or important information regarding the company's operational situation during the reporting period[7].