CIG(SH:603083)2024-10-18 07:38Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,001,462,694.98, representing a 69.53% increase compared to the same period last year[3] - Net profit attributable to shareholders for the same period was ¥71,734,111.41, with a year-to-date net profit of ¥151,738,028.00, reflecting a 26.15% increase year-on-year[3] - The basic earnings per share for Q3 2024 was ¥0.27, consistent with the diluted earnings per share[3] - The weighted average return on equity increased by 4.87 percentage points to 3.23% for the quarter[3] - Total operating revenue for the first three quarters of 2024 reached ¥2,763,850,892.26, an increase of 18.6% compared to ¥2,330,397,534.02 in the same period of 2023[15] - The net profit for Q3 2024 reached CNY 154,383,441.01, an increase of 28.4% compared to CNY 120,280,166.64 in Q3 2023[16] - The operating profit for Q3 2024 was CNY 158,839,563.75, up from CNY 118,753,127.96 in Q3 2023, reflecting a growth of 33.8%[16] - The total comprehensive income for Q3 2024 was CNY 150,083,887.85, an increase from CNY 116,007,445.87 in Q3 2023[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,810,199,375.43, a 1.57% increase from the end of the previous year[3] - Total assets reached ¥4,810,199,375.43, compared to ¥4,735,918,514.10, marking a growth of 1.6%[14] - Total liabilities decreased slightly to ¥2,407,913,728.49 from ¥2,447,957,856.35, a reduction of 1.6%[13] - The company's equity attributable to shareholders increased to ¥2,249,676,923.70 from ¥2,138,014,117.31, representing a growth of 5.2%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥405,189,405.64, showing a significant increase of 650.79%[3] - The cash flow from operating activities for the first nine months of 2024 was CNY 405,189,405.64, significantly higher than CNY 53,968,653.13 in the same period last year[17] - The cash and cash equivalents as of September 30, 2024, were RMB 351.44 million, down from RMB 437.98 million at the end of 2023[11] - The cash and cash equivalents at the end of Q3 2024 were CNY 331,274,583.69, down from CNY 516,076,531.55 at the end of Q3 2023[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 94,424[6] - Cambridge Industries Company Limited remains the largest shareholder, holding 15.05% of the shares[6] - The top ten shareholders and their shareholding ratios were disclosed, with significant participation in the securities lending business[9] Operational Highlights - The company experienced growth in overseas customer demand, which significantly boosted sales and revenue[5] - The company achieved a revenue of RMB 2.764 billion, representing a year-on-year growth of 18.60%[10] - Gross profit reached RMB 595 million, with a year-on-year increase of 12.46%[10] - The gross profit margin stood at 21.54%[10] - Net profit amounted to RMB 154 million, with the net profit attributable to shareholders at RMB 152 million[10] - The company reported a significant increase in the shipment volume and value of broadband and wireless access products compared to the same period last year[10] - The company has optimized its product structure and improved supply chain efficiency in response to market conditions[10] - The company continues to benefit from major clients actively stocking up due to previous inventory reductions[10] - The company has maintained a strong position in the 5G communication sector, as indicated by the performance of related investment funds[8] Research and Development - Research and development expenses amounted to ¥230,489,161.79, compared to ¥204,047,576.16 in the previous year, indicating a growth of 12.9%[15] - The company is focusing on market expansion and new product development, as indicated by the increase in R&D expenses and inventory levels[15] Inventory and Receivables - Accounts receivable increased to ¥1,205,039,381.41 from ¥1,099,536,729.05, showing a rise of 9.6%[12] - Inventory levels rose to ¥1,674,163,000.14, up from ¥1,573,454,144.87, reflecting an increase of 6.4%[12] Other Financial Information - Non-recurring gains and losses for the quarter totaled ¥3,342,436.68, with government subsidies contributing ¥2,966,469.79[4] - The company reported a net cash outflow from investing activities of CNY 170,784,595.97 for the first nine months of 2024, compared to CNY 94,932,930.49 in the same period last year[18] - The company experienced a foreign exchange loss of CNY 3,771,569.61 during the first nine months of 2024[18] - The company did not apply new accounting standards for the year 2024[19]