高铁电气(688285) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥191,422,781.76, a decrease of 25.93% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥2,312,122.70, down 82.57% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥858,684.05, a decline of 92.74% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.0062, representing a decrease of 82.44% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 621,540,753.06, a decrease of 18.4% compared to CNY 761,821,860.56 in the same period of 2023[12] - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 23,541,977.22, a decline of 59.8% from CNY 58,345,490.78 in 2023[13] - Basic earnings per share for the first three quarters of 2024 were CNY 0.0626, compared to CNY 0.1551 in the same period of 2023[14] - Net profit for the first three quarters of 2024 reached CNY 81,129,417.98, an increase of 40.19% from CNY 57,873,893.32 in the first three quarters of 2023[21] - Total comprehensive income for the first three quarters of 2024 was CNY 81,027,417.98, compared to CNY 57,822,893.32 in the same period of 2023[21] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥3,033,494,404.79, a decrease of 5.67% from the end of the previous year[3] - The company's total current assets as of September 30, 2024, amount to 2,197,359,014.15 RMB, a decrease from 2,455,422,408.25 RMB at the end of 2023[9] - Total assets decreased to 3,033,494,404.79 RMB from 3,215,850,503.10 RMB[10] - The total liabilities decreased to CNY 1,394,622,491.60 in Q3 2024 from CNY 1,586,851,531.63 in Q3 2023, reflecting a reduction of 12.1%[12] - The total equity attributable to shareholders of the parent company increased to CNY 1,624,743,780.54 in Q3 2024 from CNY 1,611,839,920.89 in Q3 2023, showing a growth of 0.8%[12] - The total liabilities decreased to 1,259,999,750.61 from 1,366,859,204.37, indicating a reduction of about 7.8%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥17,317,146.03, indicating a negative cash flow situation[2] - The net cash flow from operating activities for Q3 2024 was -17,317,146.03, an improvement from -146,768,511.76 in Q3 2023[16] - Cash flow from operating activities increased to CNY 806,612,271.40 in the first three quarters of 2024, up from CNY 735,628,568.24 in 2023, representing a growth of 9.6%[15] - Cash flow from operating activities showed a net outflow of CNY 26,148,946.74, an improvement from a net outflow of CNY 157,427,479.64 in the same period last year[23] - Cash inflow from operating activities totaled CNY 455,070,781.46, an increase of 12.27% from CNY 405,375,194.68 in the same period last year[23] Research and Development - Research and development expenses totaled ¥16,727,757.18 in Q3 2024, an increase of 3.91% year-on-year, accounting for 8.74% of operating revenue[3] - Research and development expenses for the first three quarters of 2024 were CNY 39,885,802.17, a decrease of 16.5% from CNY 47,709,665.28 in the previous year[12] - Research and development expenses decreased to CNY 28,268,771.27, down 20.25% from CNY 35,454,443.70 in the previous year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,866[7] - The largest shareholder, China Railway Electric Equipment Co., Ltd., holds 268,681,583 shares, accounting for 71.40% of the total shares[7] Other Financial Metrics - The weighted average return on net assets for Q3 2024 was 0.14%, a decrease of 0.76 percentage points compared to the previous year[3] - The company received government subsidies amounting to ¥1,835,438.28 during the quarter, contributing to its non-recurring gains[4] - The company reported a net loss from credit impairment of CNY -6,564,742.08 for the first three quarters of 2024, an improvement from CNY -8,047,779.73 in the same period of 2023[12] - The company's long-term assets totaled 825,153,204.94, an increase from 739,062,693.93 in the previous year[18] - The company's financial expenses improved, showing a net income of CNY -879,663.81 compared to CNY -1,010,084.14 in the previous year[20] - The company reported a net cash flow from financing activities of 12,059,253.97, a turnaround from -30,825,992.91 in Q3 2023[16]