Financial Performance - Revenue for the reporting period was CNY 22,584,738,660, a decrease of 32.89% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 1,872,817,793, down 15.13% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,694,170,382, a decrease of 15.38% compared to the previous year[3] - Basic earnings per share for the reporting period were CNY 0.35, down 14.77% year-on-year[3] - Diluted earnings per share for the reporting period were also CNY 0.35, reflecting a 14.77% decrease compared to the same period last year[3] - The weighted average return on equity was 1.01%, a decrease of 0.19 percentage points year-on-year[3] - Total operating revenue for the first three quarters of 2024 was RMB 68,150,360,320, a decrease from RMB 99,156,676,146 in the same period of 2023, representing a decline of approximately 31.3%[18] - Total operating costs for the first three quarters of 2024 were RMB 62,279,305,371, down from RMB 89,103,325,967 in 2023, indicating a reduction of about 30.1%[18] - Research and development expenses for the first three quarters of 2024 amounted to RMB 865,016,686, compared to RMB 1,311,043,595 in 2023, reflecting a decrease of approximately 34.1%[18] - Investment income for the first three quarters of 2024 was RMB 274,239,116, down from RMB 584,643,028 in 2023, indicating a decline of about 53.2%[18] - The net profit for the current period is CNY 5,245,020,339, a decrease of 42.5% compared to CNY 9,072,670,219 in the same period last year[19] - The total comprehensive income for the current period is CNY 5,293,830,027, down from CNY 8,324,820,064 year-over-year[20] - Operating profit for the current period is CNY 6,391,071,515, a decline of 41.5% from CNY 10,974,071,158 in the previous year[19] - The company reported a decrease in sales revenue from CNY 80,814,773,640 in the current period compared to CNY 113,568,072,927 in the same period last year[21] - The company’s total profit for the current period is CNY 6,802,401,181, down from CNY 11,435,421,165 year-over-year, reflecting a decline of 40.5%[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 252,090,916,161, an increase of 2.33% from the previous year-end[4] - Total assets increased to RMB 252,090,916,161 in 2024 from RMB 246,356,360,411 in 2023, marking an increase of approximately 2.99%[16] - Total liabilities rose to RMB 54,103,961,187 in 2024, compared to RMB 48,335,063,593 in 2023, representing an increase of about 11.5%[15] - Current liabilities totaled RMB 28,553,447,583 in 2024, a decrease from RMB 29,774,313,174 in 2023, reflecting a decline of approximately 4.1%[15] - Non-current liabilities increased significantly to RMB 25,550,513,604 in 2024 from RMB 18,560,750,419 in 2023, indicating a rise of about 37.6%[15] - The total equity attributable to shareholders was RMB 185,498,574,472 in 2024, slightly up from RMB 185,389,128,400 in 2023, showing a marginal increase of approximately 0.06%[16] Cash Flow - The company reported a net cash flow from operating activities of CNY 10,347,782,944, an increase of 7.15% compared to the previous year[3] - Cash inflow from operating activities is CNY 81,794,422,886, compared to CNY 114,740,576,193 in the same period last year, representing a decrease of 28.7%[21] - Net cash flow from operating activities was 10,347,782,944, an increase from 9,656,985,995 in the previous period, reflecting a growth of approximately 7.1%[22] - Cash inflow from investment activities totaled 20,160,109,120, down from 31,818,556,499, indicating a decrease of about 36.5%[22] - Net cash flow from financing activities was 2,810,214,014, a significant improvement compared to a negative cash flow of -2,431,485,454 in the previous period[22] - The total cash and cash equivalents at the end of the period reached 17,942,538,963, up from 12,864,254,741, representing an increase of approximately 39.5%[22] - Cash paid for operating activities amounted to 71,446,639,942, a decrease from 105,083,590,198, reflecting a reduction of about 32.0%[22] - Cash outflow from investment activities was 26,927,195,741, down from 42,568,064,190, indicating a decrease of approximately 36.8%[22] - Cash received from financing activities was 19,089,638,741, an increase from 14,525,288,101, showing a growth of about 31.5%[22] - The company reported a net increase in cash and cash equivalents of 6,370,522,941, contrasting with a decrease of -3,457,701,929 in the previous period[22] - Cash paid for taxes increased to 7,224,742,789 from 6,834,075,090, reflecting an increase of approximately 5.7%[22] - Cash received from other financing activities was 11,513,784,300, significantly higher than 195,000,000 in the previous period, indicating a substantial increase[22] Shareholder Information - As of the end of the reporting period, the total number of common shareholders is 253,137, with the top ten shareholders holding 36.40% and 24.49% of shares respectively[9] - Anhui Conch Group Co., Ltd. holds 1,928,870,014 shares, accounting for 36.40% of total shares, while Hong Kong Central Clearing Limited holds 1,297,949,590 shares, accounting for 24.49%[10] - The company’s repurchased shares account for 0.42% of the total issued share capital, totaling 22,242,535 shares[10] - The top ten shareholders do not have any related relationships or act in concert according to the board of directors[10] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities during the reporting period[12] - The company has not indicated any significant changes in operational conditions that require investor attention during the reporting period[12] Non-Recurring Items - Non-recurring gains and losses totaled CNY 178,647,411 for the reporting period[6] - The company recorded a net loss from asset disposal of CNY 9,474,610, contrasting with a gain of CNY 39,599,807 in the previous year[19] - Other comprehensive income after tax for the current period is CNY 48,809,688, compared to a loss of CNY 747,850,155 in the same period last year[19] - The company acquired Anhui Conch Information Technology Engineering Co., Ltd. in January 2024, necessitating restatement of prior financial statements[5]
海螺水泥(00914) - 2024 Q3 - 季度财报