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陕鼓动力(601369) - 2024 Q3 - 季度财报
ShaanGuShaanGu(SH:601369)2024-10-25 07:47

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,285,413,417.57, representing a year-on-year increase of 9.70%[2] - The net profit attributable to shareholders for the same period was ¥207,718,068.37, an increase of 5.37% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.12, reflecting a 9.09% increase year-on-year[2] - The company reported cash flow from operating activities of ¥188,297,610.14, a year-on-year increase of 3.41%[2] - The company reported a total comprehensive income of ¥768.25 million, compared to ¥804.99 million in the previous year, a decrease of approximately 4.6%[28] - The net profit attributable to shareholders decreased to CNY 2,745,531,430.75 from CNY 3,062,949,614.23 year-on-year[25] - Net profit for Q3 2024 was ¥755.09 million, down from ¥789.05 million, representing a decrease of about 4.3%[27] - Total revenue for the first three quarters of 2024 was ¥4.61 billion, a decline of approximately 17.9% compared to ¥5.62 billion in the same period of 2023[29] - Basic earnings per share decreased to ¥0.39 from ¥0.43, reflecting a decline of about 9.3%[28] - Operating profit for Q3 2024 was ¥929.36 million, down from ¥961.34 million, a decrease of approximately 3.3%[27] - Cash inflow from operating activities totaled ¥5.01 billion, down from ¥6.11 billion, a decline of about 18.1% year-over-year[29] Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥26,001,086,103.08, marking a 2.04% increase from the end of the previous year[3] - The equity attributable to shareholders decreased by 3.03% to ¥8,480,654,291.64 compared to the end of the previous year[3] - The company's total liabilities reached CNY 16,843,403,512.42, compared to CNY 16,147,226,397.09 in the previous year[25] - Current liabilities increased to CNY 15,869,546,909.74 in Q3 2024 from CNY 14,678,479,780.40 in Q3 2023[24] - The company's total cash and cash equivalents amounted to ¥11.44 billion, an increase of 8.63% from ¥10.53 billion on December 31, 2023[22] Research and Development - The company completed 76 research projects and 29 frontline R&D topics by the end of September 2024, reinforcing its commitment to technological advancement[10] - R&D expenses increased to ¥280.18 million from ¥226.84 million, a growth of approximately 23.5% year-over-year[27] - The company has accumulated 651 patents, including 111 invention patents, 517 utility model patents, and 23 design patents, as of September 2024[12] Market Expansion and Projects - In Q3 2024, the company signed a contract for a 600,000-ton corn deep processing cogeneration project, utilizing three axial flow compressor units, marking its first entry into the corn deep processing market[10] - The company signed a maintenance project for a coal chemical industry system, which is its largest contract in terms of value and equipment variety, demonstrating its capability in the industrial service market[10] - The company has signed a project for high furnace supporting units, which is its largest BPRT unit export to a foreign market, showcasing its international expansion efforts[10] - The company has entered the non-electricity industry self-supplied power plant market with its turbine generator set, laying a solid foundation for future market expansion[10] - The company achieved a nearly 3% improvement in operational efficiency for a 20,000-ton turbine generator set project, which is a global first using a new technology for deep catalytic cracking of mixed waste plastics[10] - The company is promoting a customized "axial + centrifugal, multi-cylinder series" compressed air energy storage solution, integrating world-class storage technology with its award-winning energy interconnection island technology[11] - The company has made significant strides in market expansion, achieving notable milestones in both domestic and overseas projects during the reporting period[10] Financial Activities - Cash inflow from investment activities totaled $5,191,576,432.85, significantly up from $2,077,509,504.60, marking an increase of about 150.9%[30] - The net cash flow from investment activities was -$2,630,694,898.23, worsening from -$1,744,341,228.18, indicating a decline of approximately 50.8%[30] - Cash inflow from financing activities reached $6,453,059,380.25, compared to $1,923,402,627.49, representing an increase of around 236.5%[30] - The net cash flow from financing activities improved to $1,098,842,060.56 from -$1,290,826,388.88, showing a positive turnaround[30] Community and Brand Initiatives - The company has been actively involved in community support initiatives, including agricultural projects and educational guidance for local students[21] - The company received multiple honors, including the "Innovative Unit Award" from the China Industrial Gas Association, reflecting its strong brand capabilities[21] - The company organized 18 training sessions under the "Shan Gu Mode," covering nearly 260 enterprises and 826 management personnel, promoting industry transformation[21] - The company has strengthened its brand influence through extensive media coverage, with over 80 reports highlighting its achievements in green energy solutions and service-oriented manufacturing[20] - The company is committed to cultural initiatives, promoting teamwork and community spirit through various themed activities[20] - The company is focused on digital transformation, as highlighted in the Xi'an government's plan to support leading enterprises in this area[20]