SED(000032)2024-10-29 12:11Financial Performance - The company's operating revenue for Q3 2024 reached ¥15,171,516,906.41, representing a year-on-year increase of 26.94%[3] - The net profit attributable to shareholders was -¥88,723,152.55, a decrease of 26.65% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥251,704,115.98, showing a significant decline of 61.03%[3] - The company's basic earnings per share for Q3 2024 was -¥0.078, a decrease of 26.62% compared to the same period last year[3] - The net profit for Q3 2024 was CNY 32,540,886.77, a decrease of 23.1% compared to CNY 42,421,228.19 in Q3 2023[23] - The total profit for Q3 2024 was CNY 339,585,603.15, down from CNY 392,685,758.07 in the same period last year, representing a decline of 13.5%[23] - The company's operating profit for Q3 2024 was CNY 331,361,817.36, compared to CNY 383,340,482.10 in Q3 2023, reflecting a decrease of 13.6%[23] - The total comprehensive income for Q3 2024 was CNY 12,199,523.94, significantly lower than CNY 48,159,100.81 in Q3 2023, indicating a decline of 74.7%[24] - Basic and diluted earnings per share for Q3 2024 were both CNY -0.1113, compared to CNY -0.2371 in Q3 2023[24] - The company reported a decrease in sales revenue from CNY 37,535,197,689.96 in the previous year to CNY 34,155,944,859.83 in the current period, a decline of 6.3%[25] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥65,804,757,200.15, reflecting a growth of 16.43% from the end of the previous year[4] - The company's equity attributable to shareholders decreased by 6.65% to ¥6,057,434,989.39 compared to the end of the previous year[4] - The company's total assets reached ¥65,804,757,200.15, compared to ¥56,518,387,860.33, indicating a growth of 16.5%[21] - Non-current liabilities totaled ¥8,842,480,999.66, an increase from ¥7,975,757,059.67, representing a growth of 10.9%[21] - The total liabilities of the company were ¥54,330,799,171.89, up from ¥44,643,413,822.18, reflecting an increase of 21.0%[21] - The equity attributable to shareholders of the parent company decreased to ¥6,057,434,989.39 from ¥6,488,818,048.97, a decline of 6.6%[21] Cash Flow - The cash flow from operating activities showed a significant negative value of -¥2,363,152,042.15, indicating a decline of 4,281.49% year-on-year[3] - The company reported a net cash flow from operating activities of -2,363,152,042.15 RMB, a decrease of 241,966.66 million RMB compared to the same period last year[9] - The net cash flow from investing activities increased to 178,144,525.67 RMB, a net inflow increase of 46,286.91 million RMB, primarily due to cash inflows from the disposal of long-term equity investments[9] - The net cash flow from financing activities was 1,756,198,737.59 RMB, an increase of 64,064.61 million RMB, mainly due to increased cash inflows from borrowings[9] - The cash flow from operating activities for the current period was negative CNY 2,363,152,042.15, contrasting with a positive cash flow of CNY 56,514,558.96 in the previous year[25] - The net cash flow from investing activities was 178,144,525.67 CNY, a significant improvement from -284,724,537.23 CNY in the previous period[26] - Total cash inflow from financing activities reached 7,340,417,220.43 CNY, compared to 6,088,638,230.06 CNY in the prior year[26] - Cash outflow for financing activities amounted to 5,584,218,482.84 CNY, an increase from 4,973,085,635.75 CNY year-over-year[26] - The net increase in cash and cash equivalents was -426,197,378.57 CNY, contrasting with an increase of 886,619,841.83 CNY in the previous year[26] - The ending balance of cash and cash equivalents stood at 7,539,979,642.74 CNY, down from 8,429,178,426.44 CNY in the prior period[26] Investments and Acquisitions - The company approved the transfer of 100% equity of China Electronics Shuchuang (Beijing) Technology Co., Ltd. for a total price of 147.0696 million RMB to optimize its data innovation business layout[14] - The company acquired a 3.2814% stake in China Electronics System Technology Co., Ltd. for 370.0068 million RMB to enhance management efficiency and increase net profit attributable to shareholders[15] - The registered capital of Jiangsu Zhongdian Anda Engineering Technology Co., Ltd. will be increased from 10 million RMB to 50 million RMB, with an investment of 40 million RMB to support its digital construction business transformation[15] - The registered capital of Jiangsu Zhongdian Chuangda Construction Equipment Technology Co., Ltd. will be increased from 20 million RMB to 90 million RMB, with an investment of 70 million RMB to upgrade production line technology and enhance market share[16] - The company plans to sell idle property located at 888 Lixi Road, Wuxi, for a transaction price of 90 million RMB to improve asset operation efficiency[16] - The company intends to acquire 51% of Zhongqian Sichuang (Beijing) Technology Co., Ltd. for 54.05 million RMB to enhance its product matrix in the digital twin field[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,751, with the largest shareholder holding 17.81% of the shares[10] - The company’s major shareholders include state-owned enterprises, with the top two shareholders holding a combined 35.32% of the shares[10] Research and Development - Research and development expenses increased to ¥1,570,121,542.22, compared to ¥1,272,856,282.22, marking a rise of 23.4%[22] Future Plans - The company is in the process of issuing A-shares to specific investors, with a total fundraising amount not exceeding 2.5 billion RMB for various projects, including cloud operations and distributed storage R&D[12] - The company plans to purchase a self-used R&D office space in Shijiazhuang, with an investment amount not exceeding 100 million RMB for an area of approximately 7,269 square meters[13] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]