LJRB(600853)2024-10-28 09:51Financial Performance - The company's operating revenue for Q3 2024 reached ¥6,185,012,740.33, representing a year-on-year increase of 44.81%[2] - Net profit attributable to shareholders for the same period was ¥165,356,209.29, up 41.06% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was ¥162,835,777.53, reflecting a 37.35% increase year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.16, an increase of 33.33% compared to the same period last year[3] - The company reported a significant increase in other income by 109.35%, attributed to subsidies received[6] - The company experienced a 44.81% increase in operating revenue due to accelerated project progress during the reporting period[6] - The net profit attributable to shareholders for the current period is 41.06 million RMB, reflecting an increase due to enhanced project execution and settlement capabilities[7] - The net profit attributable to shareholders from the beginning of the year to the end of the reporting period is 37.19 million RMB, boosted by the company's share buyback of stakes in subsidiaries, increasing the equity ratio[7] - The net profit attributable to shareholders, excluding non-recurring gains and losses, for the current period is 37.35 million RMB, influenced by the overall profit increase[7] - The basic earnings per share for the current period is 33.33 RMB, driven by the increase in net profit[7] - The company reported a net profit of CNY 1,739,085,128.72, compared to CNY 1,540,088,838.41 in the previous year, indicating an increase of 12.93%[13] - Net profit for Q3 2024 reached CNY 243,009,581.54, an increase of 20.5% compared to CNY 201,561,307.81 in Q3 2023[15] - Operating profit for Q3 2024 was CNY 303,051,356.30, up from CNY 242,386,321.44 in the same period last year, reflecting a growth of 25.0%[15] - The company reported a total comprehensive income attributable to shareholders of CNY 234,513,504.42 in Q3 2024, compared to CNY 170,938,549.60 in Q3 2023, reflecting a growth of 37.1%[16] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥35,872,274,510.67, a decrease of 1.77% from the end of the previous year[3] - The company's total assets decreased to CNY 35,872,274,510.67 from CNY 36,520,117,620.84, a decline of 1.82%[13] - Total liabilities decreased to CNY 29,625,636,235.74 from CNY 30,655,100,545.44, representing a reduction of 3.36%[12] - The total liabilities as of September 30, 2024, were CNY 18,301,222,121.34, compared to CNY 17,647,114,113.61 at the end of 2023, showing an increase of approximately 3.70%[22] - The total owner's equity increased to CNY 2,101,619,490.52 from CNY 1,607,574,993.65, reflecting a growth of approximately 30.63%[22] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥176,416,843.15 for the quarter[2] - Cash flow from operating activities showed a net outflow of CNY 233,376,279.82 in Q3 2024, an improvement from a net outflow of CNY 3,093,314,925.49 in Q3 2023[18] - Cash flow from investing activities resulted in a net outflow of CNY 885,238,563.90 for the first three quarters of 2024, compared to a net outflow of CNY 287,399,850.27 in the same period last year[18] - Cash flow from financing activities generated a net inflow of CNY 639,295,008.78 in Q3 2024, compared to CNY 588,495,063.02 in Q3 2023, indicating a growth of 8.6%[19] - Cash flow from operating activities for the first three quarters of 2024 was negative CNY 842,353,185.52, slightly improved from negative CNY 899,355,902.20 in the same period of 2023[25] - Cash flow from investing activities was negative CNY 426,815,898.01, worsening from negative CNY 73,843,527.02 year-over-year[26] - Cash flow from financing activities generated a net inflow of CNY 959,733,242.36, significantly higher than CNY 157,888,004.42 in the previous year[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 60,233[8] - The largest shareholder, Heilongjiang Construction Investment Group Co., Ltd., holds 446,690,030 shares, accounting for 44.02% of the total shares[8] Research and Development - Research and development expenses amounted to CNY 432,832,785.80, compared to CNY 376,155,459.57 in the previous year, indicating a growth of 15.03%[14] - The company's research and development expenses for the first three quarters of 2024 were CNY 167,892,951.46, down from CNY 199,045,067.73 in the previous year, a decrease of about 15.58%[22] Market Strategy - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[17] - The company has not reported any significant mergers or acquisitions during this period, maintaining its current operational strategy[17] Other Financial Metrics - The company recorded a net asset impairment loss increase of 107.86%, primarily due to delays in owner measurement approvals[6] - The company's cash and cash equivalents as of September 30, 2024, amount to 3,725,472,509.67 RMB, down from 4,232,382,533.66 RMB at the end of 2023[10] - Accounts receivable as of September 30, 2024, total 6,891,129,670.79 RMB, compared to 9,374,096,850.40 RMB at the end of 2023[10] - Contract assets rose significantly to CNY 5,525,976,974.17 from CNY 3,359,404,361.78, marking an increase of 64.67%[12] - The company's contract assets increased significantly to CNY 2,356,437,648.87 from CNY 1,331,027,949.66, representing a growth of approximately 77.00%[20] - The long-term equity investments rose to CNY 5,938,891,783.07 from CNY 5,509,745,125.39, an increase of about 7.77%[21]