GREE(000651)2024-10-30 11:37Revenue and Profit - Revenue for the third quarter was RMB 46.94 billion, a decrease of 15.84% year-over-year[2] - Net profit attributable to shareholders was RMB 7.82 billion, an increase of 5.47% year-over-year[2] - Main business revenue for the year-to-date was RMB 132.2 billion, an increase of 2.9% year-over-year[2] - Other business revenue for the year-to-date was RMB 14.52 billion, a decrease of 45.3% year-over-year[2] - Operating income for the current period was 147.42 billion yuan, a decrease from 155.81 billion yuan in the same period last year[12] - Net profit attributable to the parent company's owners was 126.35 billion yuan, up from 116.79 billion yuan, indicating improved profitability[11] - Total profit for the quarter reached 25.62 billion RMB, an increase from 22.92 billion RMB in the same period last year[13] - Net profit attributable to shareholders of the parent company was 21.96 billion RMB, up from 20.09 billion RMB in the previous year[13] - Sales revenue from goods and services was 126.01 billion RMB, down from 172.07 billion RMB in the previous year[14] - The company's comprehensive income totaled 20.56 billion RMB, up from 18.45 billion RMB in the same period last year[13] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 370.71 billion, an increase of 0.72% compared to the end of the previous year[2] - The company's monetary funds at the end of the period amounted to RMB 111.40 billion, a decrease from RMB 124.10 billion at the beginning of the period[9] - The company's accounts receivable increased to RMB 18.59 billion from RMB 16.10 billion at the beginning of the period[9] - The company's inventory decreased to RMB 25.34 billion from RMB 32.58 billion at the beginning of the period[9] - The company's total current assets amounted to RMB 223.70 billion, a slight decrease from RMB 228.14 billion at the beginning of the period[9] - The company's long-term equity investments decreased to RMB 3.87 billion from RMB 4.49 billion at the beginning of the period[9] - The company's fixed assets and construction in progress increased to RMB 37.02 billion and RMB 4.20 billion, respectively, from RMB 34.03 billion and RMB 6.56 billion at the beginning of the period[9] - The company's trading financial assets increased to RMB 14.54 billion from RMB 9.61 billion at the beginning of the period[9] - The company's other current assets decreased to RMB 20.76 billion from RMB 24.87 billion at the beginning of the period[9] - The company's other receivables decreased to RMB 472.40 million from RMB 826.56 million at the beginning of the period[9] - The company's prepayments increased slightly to RMB 2.52 billion from RMB 2.49 billion at the beginning of the period[9] - Total assets increased to 370.71 billion yuan from 368.05 billion yuan, showing a slight growth in the company's asset base[10][11] - Short-term borrowings increased significantly to 48.57 billion yuan from 26.44 billion yuan, indicating higher short-term financing needs[10] - The company's total liabilities decreased to 241.16 billion yuan from 247.41 billion yuan, showing a reduction in overall debt[10][11] - The company's equity attributable to the parent company's owners increased to 126.35 billion yuan from 116.79 billion yuan, reflecting stronger shareholder value[11] Cash Flow - Operating cash flow for the year-to-date was RMB 12.71 billion, a decrease of 67.89% year-over-year[5] - Operating cash flow decreased to 12.71 billion RMB from 39.60 billion RMB in the prior year[14] - Investment cash flow showed a net outflow of 8.20 billion RMB, compared to a net outflow of 20.24 billion RMB in the previous year[14] - Financing cash flow had a net outflow of 3.03 billion RMB, an improvement from a net outflow of 22.02 billion RMB in the same period last year[15] - Cash and cash equivalents at the end of the period stood at 32.48 billion RMB, up from 29.25 billion RMB at the end of the previous year[15] Shareholders and Equity - The largest shareholder, Zhuhai Mingjun Investment Partnership, holds 16.02% of the shares[6] - The second-largest shareholder, Hong Kong Securities Clearing Company, holds 10.27% of the shares[6] - The third-largest shareholder, Jinghai Internet Technology Development Company, holds 6.86% of the shares[6] - The company's equity attributable to the parent company's owners increased to 126.35 billion yuan from 116.79 billion yuan, reflecting stronger shareholder value[11] Expenses and Costs - Research and development expenses amounted to 5.35 billion yuan, slightly higher than the previous year's 5.22 billion yuan, reflecting continued investment in innovation[12] - Sales expenses decreased to 10.16 billion yuan from 13.29 billion yuan, suggesting more efficient cost management[12] - The company's total operating costs were 121.98 billion yuan, down from 131.92 billion yuan, showing improved cost control[12] Government Subsidies and Financial Income - Government subsidies received during the reporting period amounted to RMB 215.92 million[3] - The company's financial income was -2.39 billion yuan, an improvement from -2.72 billion yuan, indicating better financial management[12] - Tax refunds received increased to 2.76 billion RMB from 2.28 billion RMB in the prior year[14] Earnings Per Share - Basic earnings per share increased to 3.98 RMB from 3.58 RMB in the same period last year[13]