潍柴动力(02338) - 2024 Q3 - 季度业绩

Financial Performance - Total revenue for Q3 2024 was CNY 49.46 billion, a decrease of 8.82% compared to CNY 54.25 billion in the same period last year[3] - Net profit attributable to shareholders was CNY 2.50 billion, down 4.00% from CNY 2.60 billion year-on-year[3] - Net profit excluding non-recurring items increased by 10.00% to CNY 2.23 billion from CNY 2.03 billion in the previous year[3] - Basic earnings per share for Q3 2024 was CNY 0.29, a decrease of 3.99% from CNY 0.30 in the same quarter last year[3] - The net profit for Q3 2024 reached CNY 10,341,880,125.59, an increase of 29.1% compared to CNY 7,996,994,567.86 in Q3 2023[11] - The total revenue from operating activities was CNY 165,451,846,515.08, up from CNY 154,412,319,124.49 in the previous year, reflecting a growth of 7.1%[13] - The operating profit for Q3 2024 was CNY 12,553,387,150.51, an increase of 33.0% from CNY 9,396,597,108.89 in Q3 2023[11] - The total comprehensive income for the period was CNY 11,368,422,799.80, compared to CNY 9,487,763,277.59, representing a growth of 19.9%[12] Cash Flow and Liquidity - Operating cash flow for the year-to-date period was CNY 13.52 billion, a decline of 32.72% compared to CNY 20.09 billion last year[3] - The cash flow from operating activities showed a net inflow of CNY 13,515,538,061.25, down from CNY 20,088,767,771.42, a decrease of 32.9%[13] - The company's cash and cash equivalents decreased to ¥64.77 billion from ¥92.86 billion at the beginning of the period, representing a decline of approximately 30.3%[8] - The net decrease in cash and cash equivalents was CNY -24,722,462,726.69, compared to an increase of CNY 7,248,800,602.35 in the prior year[14] - The ending balance of cash and cash equivalents was CNY 46,897,849,599.24, down from CNY 70,009,878,376.33 at the end of the previous period[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 334.25 billion, an increase of 2.86% from the previous year-end[3] - Total assets increased to ¥343.81 billion from ¥334.25 billion, marking a growth of approximately 2.3%[10] - Total liabilities rose to ¥222.56 billion from ¥221.56 billion, indicating a slight increase of about 0.5%[10] - The company's equity attributable to shareholders increased to ¥86.41 billion from ¥79.34 billion, reflecting a growth of approximately 8.5%[10] Shareholder Information - As of September 30, 2024, the total number of ordinary shareholders is 254,416, with the largest shareholder, Hong Kong Central Clearing Agent Co., holding 22.22% of shares[6] - The top ten shareholders collectively hold a significant portion of the company's shares, with the second-largest shareholder, Weichai Holding Group Co., Ltd., owning 16.30%[6] - The total number of shares held by the top ten unrestricted shareholders amounts to 2.66 billion shares, indicating a strong concentration of ownership[6] - The company reported that the number of shares held by shareholders with limited sale conditions includes 1.35 billion shares pledged or frozen[6] Operational Metrics - The company experienced a 33.60% increase in operating profit year-to-date, reaching CNY 1.26 billion compared to CNY 939.66 million last year[5] - Total operating costs decreased to ¥150.30 billion from ¥151.22 billion, reflecting a reduction of about 0.6%[10] - Inventory decreased to ¥34.70 billion from ¥37.93 billion, a decline of about 8.0%[9] - Accounts receivable rose to ¥34.25 billion, compared to ¥23.75 billion at the beginning of the period, reflecting an increase of about 44.4%[8] - Accounts receivable financing increased to ¥8.90 billion from ¥8.14 billion, showing a growth of approximately 9.4%[9] Research and Development - Research and development expenses increased to CNY 6,205,675,437.50, compared to CNY 5,650,409,153.82, marking an increase of 9.8%[11] Financial Expenses - The financial expenses decreased to CNY 387,696,200.04 from CNY 526,422,587.50, a reduction of 26.4%[11] Other Financial Metrics - Non-recurring gains for the quarter totaled CNY 266.39 million, with government subsidies contributing CNY 310.16 million[4] - The total cash outflow from investment activities was CNY 71,572,329,814.62, significantly higher than CNY 32,941,476,054.73 in the prior year[14] - The net cash flow from investment activities was CNY -30,005,948,084.26, worsening from CNY -3,701,715,396.58 year-over-year[14] - The total cash inflow from financing activities was CNY 6,585,541,928.47, down from CNY 7,813,071,684.86 in the previous period[14] - Cash outflow from financing activities totaled CNY 14,760,423,007.36, compared to CNY 16,959,708,766.55 in the prior year[14] - The net cash flow from financing activities was CNY -8,174,881,078.89, an improvement from CNY -9,146,637,081.69 year-over-year[14] Audit Status - The third quarter report was not audited[14]