中国卫星(600118) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥642,433,197.54, a decrease of 49.31% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was -¥23,241,887.93, reflecting a decline of 187.28% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥26,234,824.45, a decrease of 234.69% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was -¥0.02, a drop of 200.00% year-on-year[5]. - Total operating revenue for the first three quarters of 2024 was CNY 1,674,453,122.67, a decrease from CNY 3,672,966,378.93 in the same period of 2023, representing a decline of approximately 54.4%[16]. - The net profit for the first three quarters of 2024 was a loss of CNY 7,572,519.53, contrasting with a net profit of CNY 218,399,446.14 in the same period of 2023[16]. - The total comprehensive income for the first three quarters of 2024 was a loss of CNY 7,572,519.53, compared to a comprehensive income of CNY 218,399,446.14 in 2023[16]. - The basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.01, compared to CNY 0.14 in the same period of 2023[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,584,929,502.14, an increase of 0.57% from the end of the previous year[5]. - Current assets totaled RMB 10,043,649,428.02, compared to RMB 9,920,334,702.27 at the end of 2023, indicating an increase of about 1.24%[14]. - Total liabilities reached RMB 5,441,131,776.81, up from RMB 5,315,208,147.05, marking an increase of around 2.36%[15]. - The total equity attributable to shareholders decreased to RMB 6,284,274,346.07 from RMB 6,336,636,313.02, a decline of approximately 0.82%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥871,023,077.77, showing an increase of 11.36% compared to the same period last year[5]. - Cash flow from operating activities showed a net outflow of CNY 871,023,077.77 for the first three quarters of 2024, compared to a net outflow of CNY 982,696,258.40 in 2023[17]. - Cash and cash equivalents decreased to RMB 1,531,189,116.91 from RMB 2,443,597,261.02, a decline of approximately 37.3%[14]. - Cash and cash equivalents at the end of the period were CNY 1,513,072,176.87, down from CNY 2,748,096,313.48 at the end of the same period in 2023[17]. Shareholder Information - The company reported a total of 134,944 common shareholders at the end of the reporting period[8]. - The largest shareholder, China Academy of Space Technology, holds 51.46% of the shares[8]. - The top 10 shareholders collectively hold significant shares, with the largest being China Space Technology Research Institute, owning 608,541,176 shares[9]. - The company has not disclosed any related party relationships among the top shareholders, indicating no known concerted actions[9]. - The report indicates that there were no changes in the top 10 shareholders due to securities lending activities[10]. Equity Transactions - The company completed a share transfer of 10% equity in Tianjin Aerospace Zhongwei Data Technology Co., Ltd. to its subsidiary, Aerospace Hengxing Technology Co., Ltd.[11]. - Aerospace Hengxing Technology Co., Ltd. has acquired 20% equity from Tianjin Zhongwei Technology Partnership, and the merger is currently in preparation[11]. - The company has agreed to allow China Guotou High-tech Industry Investment Co., Ltd. to acquire 35% equity in Titanium Technology Co., Ltd., making it the controlling shareholder[11]. - The company transferred 40% equity in Dalian Aerospace Beidou Technology Co., Ltd. through a public auction, completing the transaction and receiving the full payment[12]. - The company reported that the shareholding structure of Titanium Technology Co., Ltd. is undergoing changes, with ongoing work for the industrial change[11]. Operational Challenges - The company experienced a significant decline in new orders and backlog, impacting revenue generation[7]. - The company reported a significant increase in research and development expenses, totaling CNY 44,803,721.93 in 2024, down from CNY 103,677,817.01 in 2023, a reduction of approximately 56.7%[16]. - The company's short-term borrowings rose to RMB 326,869,632.92 from RMB 238,974,680.39, reflecting an increase of approximately 36.67%[15]. - Accounts receivable increased to RMB 2,014,602,694.74 from RMB 1,760,980,262.69, showing a growth of about 14.4%[14]. - The company reported a significant increase in contract assets, which rose to RMB 3,239,859,147.75 from RMB 2,995,570,337.40, indicating a growth of about 8.15%[14].