京沪高铁(601816) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥11,492,657,242.72, a decrease of 0.94% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥3,658,333,729.00, down 3.17% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,658,316,783.04, a decrease of 3.21% compared to the previous year[2]. - The basic and diluted earnings per share for Q3 2024 were both ¥0.0745, reflecting a decrease of 3.12% compared to the same period last year[3]. - The weighted average return on equity for Q3 2024 was 1.85%, down 8.07% year-on-year[3]. - Total operating revenue for the first three quarters of 2024 reached ¥32,355,133,669.92, an increase of 4.8% compared to ¥30,881,500,016.17 in the same period of 2023[15]. - Operating profit for the first three quarters of 2024 was 13,437,731,630.81, up from 11,789,016,868.58 in 2023, representing a growth of approximately 14%[16]. - Net profit for the first three quarters of 2024 reached 9,978,496,200.67, compared to 8,673,074,418.28 in 2023, marking an increase of about 15%[16]. - Total comprehensive income for the first three quarters of 2024 was 9,978,496,200.67, compared to 8,673,074,418.28 in 2023, showing a growth of approximately 15%[17]. - Basic and diluted earnings per share for the first three quarters of 2024 were both 0.20390, up from 0.1815 in 2023, indicating improved profitability per share[17]. Cash Flow - The net cash flow from operating activities for Q3 2024 was ¥5,419,431,412.68, a decline of 19.73% year-on-year[2]. - Cash inflow from operating activities for the first three quarters of 2024 was 29,090,971,555.01, compared to 26,792,255,802.31 in 2023, reflecting a growth of about 8%[18]. - Net cash flow from operating activities for the first three quarters of 2024 was 15,742,295,057.47, compared to 16,195,724,138.62 in 2023, showing a decrease[19]. - The ending balance of cash and cash equivalents as of the third quarter of 2024 was ¥7,496,679,395.60, down from ¥10,568,858,286.34 in the same period of 2023, a decrease of about 29.5%[20]. - The net increase in cash and cash equivalents for the first three quarters of 2024 was -¥5,406,479,016.89, contrasting with an increase of ¥5,229,486,326.38 in 2023[20]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥283,297,766,950.43, a decrease of 3.05% from the end of the previous year[3]. - The company's total assets as of September 30, 2024, amounted to ¥283,297,766,950.43, down from ¥292,219,725,586.82 at the end of 2023, indicating a decrease of 3.1%[14]. - The total liabilities decreased to ¥60,558,529,576.62 from ¥74,308,171,658.82, representing a significant reduction of 18.6%[13]. - The company's equity attributable to shareholders increased to ¥222,739,237,373.81 from ¥217,911,553,928.00, showing a growth of 2.5%[14]. - The equity attributable to shareholders at the end of Q3 2024 was ¥199,825,816,641.83, an increase of 2.49% compared to the end of the previous year[3]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 190,863[6]. - The largest shareholder, China Railway Investment Group Co., Ltd., holds 21,306,477,996 shares, accounting for 43.39% of the total shares[6]. - The second-largest shareholder, National Social Security Fund Council, holds 3,062,225,309 shares, representing 6.24%[6]. - The top ten shareholders collectively hold 6.42% of the total shares, with no changes in the number of shares held during the reporting period[8]. - The company has not disclosed any significant related party transactions among its top shareholders[7]. Operational Insights - The company has not reported any significant changes in its operational status during the reporting period[11]. - The company is in the process of transferring shares held by Ping An Asset Management to Ping An Life and Taikang Life, which will not affect the total number of shares held[8]. - There are no outstanding shares that have been lent out under the margin trading and securities lending business as of the end of the reporting period[9]. Expenses and Investments - Total operating costs decreased to ¥18,917,549,532.16 from ¥19,092,686,309.73, reflecting a reduction of 0.9%[15]. - R&D expenses for the first three quarters of 2024 amounted to 6,166,251.45, compared to 3,465,390.20 in the same period of 2023, reflecting a significant increase[16]. - Financial expenses decreased to 1,364,845,296.52 in 2024 from 1,847,767,297.90 in 2023, indicating improved financial management[16]. - Cash flow from investing activities showed a net outflow of -540,565,814.25 in 2023, compared to -1,013,511,135.40 in 2022, indicating a reduction in investment losses[19]. Accounting Changes - The company has adopted new accounting standards starting in 2024, which may affect the financial statements[20].