Financial Performance - The company's operating revenue for Q3 2024 reached ¥13,242,893,634.64, representing a 58.01% increase year-over-year[2] - Net profit attributable to shareholders was ¥39,198,810.79, up 22.93% compared to the same period last year[2] - The net profit excluding non-recurring gains and losses surged by 255.52% to ¥48,646,964.27 in Q3 2024[2] - Operating revenue for the first nine months of 2024 reached CNY 37.96 billion, a year-on-year increase of 57.65% compared to CNY 24.08 billion in the same period of 2023[7] - Net profit for the first nine months of 2024 was CNY 148.84 million, reflecting a 33.45% increase from CNY 111.53 million in the same period of 2023[7] - The net profit for Q3 2024 was CNY 148,836,340.94, an increase from CNY 111,532,040.35 in Q3 2023, representing a growth of approximately 33.4%[13] - Operating profit for Q3 2024 reached CNY 184,670,169.98, compared to CNY 113,516,299.98 in the same period last year, indicating a significant increase of about 62.6%[13] - The company reported a total profit of CNY 185,049,770.47 for Q3 2024, up from CNY 113,218,052.40 in Q3 2023, which is an increase of around 63.5%[13] Assets and Liabilities - Total assets increased by 7.45% to ¥24,396,588,006.21 compared to the end of the previous year[2] - The total assets as of September 30, 2024, amounted to ¥24,396,588,006.21, up from ¥22,704,419,913.37 at the beginning of the year, indicating a growth of approximately 7.4%[11] - Current assets totaled ¥23,867,104,657.20, compared to ¥22,199,701,004.21 at the start of the year, marking an increase of about 7.5%[11] - The company's short-term borrowings increased to ¥13,261,927,262.69 from ¥11,975,683,800.12, representing a rise of approximately 10.7%[12] - The total liabilities as of September 30, 2024, were ¥19,294,370,376.56, compared to ¥17,648,408,906.50 at the beginning of the year, reflecting an increase of about 9.3%[12] Cash Flow - The company reported a net cash flow from operating activities of -¥1,633,745,537.07, a decrease of 31.80% year-to-date[2] - The net cash flow from operating activities was significantly higher at CNY 35,860,175,135.69 compared to CNY 24,698,276,361.68 in the previous year, reflecting a robust increase of approximately 45.0%[15] - The net cash flow from operating activities was -1,633,745,537.07 CNY, compared to -1,239,563,264.84 CNY in the previous year, indicating a decline in operational performance[16] - Total cash inflow from investment activities was 1,105,422,810.37 CNY, up from 693,227,797.62 CNY year-over-year[16] - The net cash flow from financing activities increased to 2,121,034,778.41 CNY, compared to 1,018,523,623.74 CNY in the same period last year[16] - The company reported a net increase in cash and cash equivalents of 633,950,136.11 CNY, contrasting with a decrease of -19,024,896.26 CNY in the previous year[16] - Cash and cash equivalents at the end of the period totaled 1,209,339,352.01 CNY, compared to 846,147,456.99 CNY at the end of the previous year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 67,314, indicating a stable shareholder base[8] - The largest shareholder, China Electronics International Information Service Co., Ltd., holds a 31.34% stake in the company[8] Operational Costs and Expenses - The gross profit margin decreased due to a higher increase in operating costs, which rose by 58.64% to CNY 36.88 billion, compared to the revenue increase[7] - The company experienced a 201.61% increase in credit impairment losses, totaling CNY 32.63 million, compared to CNY 10.82 million in the previous year[7] - Other income decreased by 83.98%, falling to CNY 5.57 million from CNY 34.74 million in the same period last year, primarily due to fewer government subsidies received[7] - Research and development expenses decreased to CNY 55,005,708.39 from CNY 64,226,148.59, a reduction of about 14.4%[13] - Financial expenses increased to CNY 498,252,454.67, compared to CNY 436,647,643.31 in the previous year, marking an increase of approximately 14.1%[13] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge in the semiconductor industry[9]
中电港(001287) - 2024 Q3 - 季度财报