HDAA(600316)2024-10-29 09:15Financial Performance - The company's operating revenue for Q3 2024 reached CNY 749.73 million, representing a year-on-year increase of 58.47%[2] - Net profit attributable to shareholders was CNY 439.26 million, reflecting a year-on-year growth of 59.91%[2] - The basic earnings per share (EPS) for the period was CNY 0.0198, an increase of 59.91% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was CNY 573.57 million, showing a significant increase of 120.61% year-on-year[2] - The company's operating revenue for the first three quarters of 2024 reached ¥3,029,494,180.24, a significant increase of 58.5% compared to ¥1,911,689,098.46 in the same period of 2023[17] - The net profit for the first three quarters of 2024 was ¥14,219,398.53, up from ¥8,892,139.32 in the previous year, reflecting a growth of 60.5%[17] - The basic earnings per share for the first three quarters of 2024 were ¥0.0198, compared to ¥0.0124 in the same period of 2023, marking an increase of 60.5%[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 15.14 billion, a decrease of 3.09% compared to the end of the previous year[3] - The total assets decreased to ¥15,135,602,531.99 from ¥15,618,069,122.42, indicating a reduction of approximately 3.1%[16] - The total liabilities decreased to ¥9,833,594,363.64 from ¥10,322,623,422.95, a decline of about 4.7%[16] - The total current assets as of September 30, 2024, were ¥13,353,259,558.01, down from ¥13,769,759,495.16 at the end of 2023[14] Cash Flow - The cash flow from operating activities for the period was CNY 149.60 million, with no applicable year-on-year comparison[2] - The cash flow from operating activities generated a net amount of ¥149,599,719.05, contrasting with a negative cash flow of -¥113,930,869.09 in the same period last year[19] - The net increase in cash and cash equivalents was 94,218,604.38, contrasting with a decrease of -167,400,201.22 in the previous period, reflecting improved liquidity[20] - The ending balance of cash and cash equivalents reached 878,426,075.31, up from 456,585,470.90 in the previous period, indicating strong cash reserves[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 75,999[9] - The largest shareholder, China Aviation Technology Industry Company, holds 313,883,294 shares, accounting for 43.77% of total shares[9] - The company has no pledged, marked, or frozen shares among its top shareholders[9] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top two shareholders being state-owned entities[9] - The company has not reported any changes in the status of its shareholders due to the transfer of shares[12] Expenses - The company experienced a 61.12% increase in operating costs, primarily due to the rise in operating revenue[7] - Research and development expenses for the first three quarters of 2024 were ¥43,275,463.77, down from ¥48,034,729.95 in 2023, representing a decrease of 9.5%[17] - The company reported a decrease in sales expenses to ¥3,638,185.52 from ¥5,221,708.99, a reduction of 30.4%[17] Other Financial Metrics - The weighted average return on equity (ROE) increased by 0.10 percentage points to 0.27% year-to-date[3] - The company reported a decrease in tax and additional fees by 94.04% year-to-date, as there were no land value-added taxes paid during the current period[7] - Other comprehensive income after tax showed a loss of -¥4,078,143.46 compared to a gain of ¥2,094,434.39 in the previous year[18] - Net cash flow from investment activities was -44,570,564.74, compared to -11,320,679.81 in the previous period, indicating a significant increase in cash outflow[20] - Cash flow from financing activities resulted in a net outflow of -10,756,717.68, compared to -42,309,756.21 in the previous period, showing a reduction in cash outflow[20] - The impact of exchange rate changes on cash and cash equivalents was -53,832.25, compared to a positive impact of 161,103.89 in the previous period[20] Accounting Standards - The company has adopted new accounting standards starting in 2024, which may affect future financial reporting[21]