国电南瑞(600406) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥12,199,183,331.65, representing an 18.19% increase compared to ¥10,317,455,690.58 in the same period last year[2]. - Net profit attributable to shareholders was ¥1,763,612,201.27, a 6.27% increase from ¥1,661,490,999.70 year-on-year[2]. - Basic earnings per share for the quarter were ¥0.22, reflecting a 5.63% increase from ¥0.21 in the previous year[4]. - The company reported a net profit for Q3 2024 reached CNY 4,736,947,398.30, an increase of 7.8% compared to CNY 4,392,835,503.29 in Q3 2023[21]. - The total comprehensive income for Q3 2024 was CNY 4,729,281,241.58, an increase from CNY 4,395,406,636.08 in Q3 2023[22]. - The company's operating profit for Q3 2024 was CNY 5,429,541,906.11, up from CNY 5,075,613,796.20 in Q3 2023, marking an increase of 7.0%[21]. Cash Flow and Liquidity - The net cash flow from operating activities was reported at ¥1,774,859,937.95, showing an 11.00% decrease compared to ¥2,037,849,473.18 in the same period last year[4]. - As of September 30, 2024, the company's cash and cash equivalents amount to approximately RMB 10.43 billion, a decrease from RMB 16.75 billion at the end of 2023[15]. - The company reported a decrease in cash and cash equivalents by CNY -6,267,543,194.33 in Q3 2024, compared to a decrease of CNY -2,654,089,084.53 in Q3 2023[25]. - The cash flow from operating activities for the first nine months of 2024 was CNY 1,774,859,937.95, down from CNY 1,994,196,488.61 in the same period of 2023, indicating a decrease of 11.0%[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥86,087,418,302.42, a decrease of 2.71% from the previous year[4]. - The company's total assets decreased to CNY 83,879,806,878.63 from CNY 86,220,453,624.85, a decline of about 2.9%[18]. - Total liabilities amounted to CNY 34,576,997,212.29, down from CNY 35,753,974,792.57, representing a decrease of approximately 3.3%[17]. - The equity attributable to shareholders was ¥47,190,841,949.86, down 2.38% compared to the previous year[4]. - The company’s equity attributable to shareholders decreased to CNY 46,068,631,649.96 from CNY 47,190,415,406.62, a decline of about 2.4%[18]. Investments and Subsidiaries - The company increased its stake in State Grid Ruijia (Tianjin) Intelligent Robot Co., Ltd. from 40% to 52.63%, making it a subsidiary and consolidating its financial results[5]. - The company’s subsidiary, Nanjing NARI Information Communication Technology Co., Ltd., increased its registered capital to RMB 1.51 billion, up from RMB 390.4 million, through retained earnings and government funding[13]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2024 were CNY 27,326,989,151.22, up from CNY 23,983,017,600.99 in 2023, indicating an increase of about 14.3%[20]. - Research and development expenses rose to CNY 2,098,743,723.80 in the first three quarters of 2024, compared to CNY 1,746,660,965.69 in 2023, reflecting a growth of approximately 20.2%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 67,376, with the largest shareholder, NARI Group Corporation, holding 4,135,564,206 shares, accounting for 51.48%[9]. - The company has maintained a stable dividend policy, with dividends payable amounting to CNY 1,396,495,241.24, compared to CNY 239,380,635.07 in the previous year, indicating a significant increase in shareholder returns[17]. Other Financial Metrics - The weighted average return on net assets was 3.84%, an increase of 0.01 percentage points from the previous year[4]. - The company recognized non-operating income of ¥52,086,804.14 for the quarter, with significant contributions from government subsidies and financial instruments[6]. - The company reported a significant increase in trading financial assets, rising to RMB 7.33 billion from RMB 5.60 billion, an increase of approximately 30.8%[15]. - The company reported a decrease in other comprehensive income after tax of CNY -7,666,156.72 for Q3 2024, compared to an increase of CNY 2,571,132.79 in Q3 2023[22]. - The company’s total assets impairment loss for Q3 2024 was CNY 19,969,853.82, compared to CNY 2,208,350.29 in Q3 2023, showing a significant increase[21].