HTGF(SH:600864)2024-10-25 07:37Financial Performance - Total operating revenue for Q3 2024 was CNY 297,624,333.66, a decrease of 2.09% year-on-year[2]. - Operating income for Q3 2024 reached CNY 87,139,898.29, an increase of 39.46% year-on-year, primarily due to heating subsidies received[5]. - Net profit attributable to shareholders for Q3 2024 was CNY 151,843,566.79, with a year-to-date increase of 641.02%[2][5]. - Basic earnings per share for Q3 2024 was CNY 0.08, with a year-to-date increase of 550.00%[2][5]. - Total operating revenue for the first three quarters of 2024 was CNY 1,756,348,940.46, a decrease of 4.37% compared to CNY 1,836,686,576.98 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 reached CNY 214,677,940.76, a significant recovery from a net loss of CNY 17,618,782.46 in the first three quarters of 2023[13]. - Basic earnings per share for Q3 2024 were CNY 0.13, up from CNY 0.02 in Q3 2023[14]. - The total profit for the first three quarters of 2024 was ¥153.37 million, up 42.9% from ¥107.33 million in the same period of 2023[21]. Assets and Liabilities - Total assets as of the end of Q3 2024 were CNY 42,605,291,203.70, an increase of 8.13% compared to the end of the previous year[2]. - Total assets increased to CNY 42.61 billion as of September 30, 2024, up from CNY 39.40 billion at the end of 2023, representing a growth of 5.56%[12]. - Current assets totaled CNY 35.52 billion, compared to CNY 32.30 billion at the end of 2023, reflecting an increase of 6.91%[12]. - Total liabilities amounted to CNY 29.79 billion, an increase from CNY 27.01 billion, indicating a rise of 10.24%[12]. - The total liabilities decreased to ¥1.12 billion from ¥1.60 billion, indicating a reduction of about 30%[19]. Cash Flow - Net cash flow from operating activities year-to-date was CNY 3,258,915,375.96, an increase of 291.89% year-on-year[2][5]. - Cash inflow from operating activities totaled CNY 7,056,490,305.69 in the first three quarters of 2024, an increase from CNY 5,093,956,795.15 in the same period of 2023[15]. - The company's cash flow from operating activities showed a net outflow of ¥334.84 million in the first three quarters of 2024, an improvement from a net outflow of ¥356.30 million in the same period of 2023[22]. Shareholder Information - The company reported a total equity attributable to shareholders of CNY 12,892,466,771.03, an increase of 3.83% compared to the end of the previous year[2]. - The total number of common shareholders at the end of the reporting period is 63,948[7]. - The largest shareholder, Harbin Investment Group Co., Ltd., holds 768,891,438 shares, accounting for 36.96% of total shares[7]. - The second-largest shareholder, Heilongjiang Dazheng Investment Group Co., Ltd., holds 214,529,154 shares, representing 10.31%[7]. - The total number of shares held by the top 10 shareholders is significant, with the top three alone holding over 52% of the shares[7]. Investment and Guarantees - The company has provided guarantees totaling 699,200,000 RMB, with multiple guarantees to Heilongjiang Suibao Thermal Power Co., Ltd.[9]. - The total amount of guarantees to Heilongjiang Suibao Thermal Power Co., Ltd. is 589,000,000 RMB, indicating a significant financial commitment[9]. - The company has ongoing guarantees with various expiration dates, with the earliest expiring in 2028[9]. Other Financial Metrics - The weighted average return on net assets for Q3 2024 was 1.18%, an increase of 1.80 percentage points year-on-year[2]. - The company reported a decrease in interest income to CNY 298,751,038.97 in the first three quarters of 2024, down from CNY 415,731,230.39 in the same period of 2023[13]. - The company's financial expenses increased to ¥9.32 million in the first three quarters of 2024, compared to ¥8.47 million in the same period of 2023[20]. - The company's investment income rose significantly to ¥72.41 million in the first three quarters of 2024, compared to ¥49.76 million in the same period of 2023[21].