鹏辉能源(300438) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥1,874,855,182.85, representing a 37.37% increase compared to ¥1,364,853,107.45 in the same period last year[4] - Net profit attributable to shareholders was ¥18,823,681.44, a decrease of 19.40% from ¥23,355,879.40 year-on-year[4] - The net profit excluding non-recurring gains and losses was ¥1,661,514.63, down 99.29% from ¥235,392,110.44 in the previous year[4] - Total operating revenue for Q3 2024 was CNY 5,647,856,143.46, a decrease of 1.6% compared to CNY 5,739,444,221.27 in the same period last year[20] - The net profit for Q3 2024 was CNY 30,943,789.57, a significant decrease compared to CNY 284,977,298.28 in the same period last year, reflecting a decline of approximately 89.1%[21] - Operating revenue for the period was CNY 3,637,681,323.84, down from CNY 4,302,104,608.32 in the previous year, representing a decrease of about 15.4%[22] - The company reported a total comprehensive income of CNY 32,601,089.49 for the quarter, compared to CNY 284,204,506.23 in the same quarter last year, indicating a decline of approximately 88.5%[21] Cash Flow and Investments - The company's cash flow from operating activities showed a net outflow of ¥480,598,489, a decrease of 217.05% compared to the previous year[4] - The net cash flow from operating activities was negative at CNY -480,598,493.46, contrasting with a positive cash flow of CNY 410,600,489.84 in the prior year[22] - Cash flow from investing activities increased by 49.82%, attributed to reduced payments for project equipment[12] - The cash flow from investing activities was negative at CNY -711,188,108.08, an improvement from CNY -1,417,363,068.30 in the previous year[22] Assets and Liabilities - Total assets increased by 4.57% to ¥15,668,702,956.22 from the previous year[4] - The company's total assets reached CNY 16,384,482,354.93, an increase of 4.6% from CNY 15,668,702,956.22 at the beginning of the year[19] - Current assets totaled CNY 8,731,179,942.96, up from CNY 8,451,779,400.31 at the start of the year, reflecting a growth of 3.3%[18] - The company's total liabilities increased to CNY 10,783,567,106.01, compared to CNY 10,051,626,369.55 at the beginning of the year, marking a rise of 7.3%[18] - The company's equity attributable to shareholders was CNY 5,402,164,937.07, showing a marginal increase from CNY 5,402,128,970.94[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 84,731[13] - Major shareholder Xia Xinde holds 26.25% of shares, totaling 132,145,444 shares, with 13,400,000 shares pledged[13] - Major shareholder Xia Rende holds 5.25% of shares, totaling 26,406,491 shares[13] - Major shareholder Li Kewen holds 2.93% of shares, totaling 14,763,039 shares, with 1,500,000 shares pledged[13] - The company has a total of 142,258,431 restricted shares at the beginning of the period, with 43,081,012 shares released during the period[15] - The top ten shareholders hold a combined 39.09% of the total shares[14] Expenses - Total operating costs increased to CNY 5,545,821,582.72, up 3.5% from CNY 5,357,207,715.60 year-on-year[20] - Research and development expenses for the quarter were CNY 260,455,271.90, down from CNY 284,808,712.33 in the previous year[20] - The total operating expenses increased to CNY 4,506,167,460.56, compared to CNY 4,383,575,232.34 in the previous year, indicating an increase of about 2.8%[22] Earnings Per Share - The company’s basic and diluted earnings per share decreased by 20.00% to ¥0.0400 from ¥0.0500 in the same period last year[4] - The company’s basic earnings per share for Q3 2024 was CNY 0.1202, down from CNY 0.5900 in the same quarter last year, reflecting a decline of approximately 79.6%[21] Financial Strategy - The company reported a 145.02% increase in financial expenses, primarily due to a decrease in exchange gains[11] - The company experienced a 135.92% increase in prepayments, mainly due to increased advance payments for materials[10] - The company raised CNY 1,133,302,014.38 through borrowings during the quarter, compared to CNY 1,753,046,664.31 in the same period last year, a decrease of about 35.3%[23] - The company’s total liabilities increased, impacting its financial leverage and cash flow management strategies moving forward[23] Share Issuance and Buyback - The company plans to issue A-shares to specific investors, with announcements made on March 18, 2024[16] - The second phase of the restricted stock incentive plan has been disclosed, with conditions for the third unlocking period achieved[16] - The company completed a share buyback, with announcements made on January 2, 2024, and February 1, 2024[16]