中控技术(688777) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,084,795,072.26, representing a year-over-year increase of 2.30%[2] - Net profit attributable to shareholders for the same period was ¥200,087,601.19, up 9.52% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was ¥182,992,196.05, reflecting a significant increase of 25.81% year-over-year[2] - Total operating revenue for the first three quarters of 2024 reached ¥6,336,966,452.06, an increase of 11.6% compared to ¥5,679,141,979.82 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥727,707,524.90, compared to ¥704,922,281.35 in 2023, indicating a growth of 3.2%[17] - The total comprehensive income for the third quarter of 2024 was CNY 754,035,653.29, an increase from CNY 721,638,585.70 in the same period of 2023, representing a growth of approximately 4.3%[18] Research and Development - Research and development expenses totaled ¥229,627,341.39, accounting for 11.01% of operating revenue, which is an increase of 0.21 percentage points from the previous year[3] - Research and development expenses for the first three quarters of 2024 amounted to ¥673,882,278.74, an increase from ¥626,502,916.08 in the previous year, representing a 7.6% rise[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,333,972,859.28, a decrease of 3.05% compared to the end of the previous year[3] - As of September 30, 2024, the company's total current assets amounted to RMB 13,990,020,056.31, a decrease from RMB 15,602,030,704.18 as of December 31, 2023, representing a decline of approximately 10.3%[12] - The total assets as of the end of Q3 2024 were ¥17,333,972,859.28, a decrease from ¥17,879,654,035.29 at the end of Q3 2023[14] - Total liabilities decreased to ¥7,258,896,344.13 in Q3 2024 from ¥7,940,718,889.74 in Q3 2023, showing a decline of 8.6%[14] Cash Flow - The company reported a net cash flow from operating activities of -¥354,031,296.40 for the year-to-date period[2] - The net cash flow from operating activities for the first nine months of 2024 was CNY -354,031,296.40, an improvement compared to CNY -747,485,120.60 in the same period of 2023[19] - The cash inflow from operating activities totaled CNY 4,492,083,790.68, while cash outflow was CNY 4,846,115,087.08, resulting in a net cash flow deficit[19] - The net cash flow from investing activities was CNY -1,265,974,386.64, a significant decline compared to a positive cash flow of CNY 635,854,921.74 in the same period of 2023[20] - The total cash inflow from financing activities was CNY 221,007,728.34, a decrease from CNY 4,273,951,378.37 in the same period of 2023[20] Shareholder Information - The top shareholder, Chu Jian, holds 13.30% of the shares, with a total of 105,113,907 shares[7] - The company has repurchased a total of 2,235,755 shares, accounting for 0.2828% of the total share capital, with a total transaction amount of RMB 81,676,116.75[10] - The highest repurchase price was RMB 38.44 per share, while the lowest was RMB 34.92 per share[10] Other Financial Metrics - The weighted average return on equity was 2.03%, an increase of 0.47 percentage points from the previous year[3] - The company's goodwill increased to ¥182,273,902.13 in Q3 2024 from ¥166,109,549.60 in Q3 2023, reflecting a growth of 9.7%[13] - The total non-current assets rose to ¥3,343,952,802.97 in Q3 2024, compared to ¥2,277,623,331.11 in Q3 2023, marking an increase of 46.8%[13] - The company's equity attributable to shareholders reached ¥9,979,723,044.74 in Q3 2024, up from ¥9,824,957,267.11 in Q3 2023, indicating a growth of 1.6%[14] - The financial expenses for the first three quarters of 2024 showed a significant improvement, with a net financial income of -¥66,009,241.61 compared to -¥179,524,084.30 in the same period of 2023[17] Changes in Current Assets - The company's cash and cash equivalents decreased to RMB 3,272,699,985.35 from RMB 5,472,691,631.34, reflecting a reduction of about 40.2%[12] - Accounts receivable increased to RMB 2,940,011,146.38 from RMB 2,485,404,967.58, showing a growth of approximately 18.3%[12] - Inventory decreased to RMB 3,557,817,984.12 from RMB 3,942,746,738.02, reflecting a decline of about 9.7%[12] - The company reported a total of RMB 2,039,500,000.00 in trading financial assets as of September 30, 2024, up from RMB 1,650,000,000.00, representing an increase of approximately 23.6%[12] Minority Shareholders - The net loss attributable to minority shareholders was CNY 10,990,825.02, compared to a loss of CNY 11,514,779.70 in the previous year[18]