力帆科技(601777) - 2024 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2024 was ¥1,826,936,237.93, an increase of 3.40% year-over-year[2] - Net profit attributable to shareholders for Q3 2024 was ¥13,753,575.09, a decrease of 36.33% compared to the same period last year[2] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥7,617,564.55, down 50.65% year-over-year[2] - Basic earnings per share for Q3 2024 was ¥0.0031, a decrease of 34.04% compared to the same period last year[3] - The net profit attributable to shareholders for the year-to-date period decreased by 35.34% compared to the same period last year[6] - The net profit for Q3 2024 was -164,912,969.65 CNY, compared to -136,062,181.34 CNY in Q3 2023, indicating a decline in profitability[15] - The total comprehensive income for Q3 2024 was -194,184,649.13 CNY, compared to -150,230,894.31 CNY in Q3 2023, reflecting a worsening financial position[16] - The operating profit for Q3 2024 was -163,340,191.78 CNY, compared to -147,993,984.60 CNY in the same period last year, showing increased operational losses[15] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥20,861,802,230.87, a decrease of 4.30% from the end of the previous year[3] - Total assets decreased to ¥20,861,802,230.87 from ¥21,799,080,032.44, a decline of 4.3%[13] - Total liabilities decreased to ¥9,094,772,141.64 from ¥9,837,910,173.98, a reduction of 7.5%[13] - The company's total non-current assets amounted to ¥13,356,710,189.38, up from ¥13,268,796,752.50, reflecting an increase of 0.7%[12] - Long-term equity investments rose to ¥4,887,160,034.44 from ¥4,755,765,323.29, showing a growth of 2.8%[12] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥540,679,537.24, reflecting an increase due to higher automobile sales and cash collections[7] - Cash flow from operating activities for the first nine months of 2024 was 540,679,537.24 CNY, a significant improvement from -493,902,131.87 CNY in the same period of 2023[18] - The net cash flow from investing activities for the first nine months of 2024 was 381,947,274.66 CNY, compared to -197,520,835.49 CNY in the same period of 2023, showing a positive turnaround[18] - The company experienced a net cash outflow from financing activities of -462,875,634.58 CNY in Q3 2024, contrasting with a net inflow of 211,743,938.33 CNY in Q3 2023[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 49,952[8] - The largest shareholder, Chongqing Manjianghong Private Equity Investment Fund, holds 1,349,550,000 shares, accounting for 29.85% of total shares[9] - The second-largest shareholder, Chongqing Jianghehui Enterprise Management Co., Ltd., holds 900,000,000 shares, representing 19.91%[9] - The third-largest shareholder, Chongqing Lifan Holdings Co., Ltd., has 618,559,784 shares, which is 13.68% of total shares[9] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[10] - The company has not disclosed any significant related party relationships among the top shareholders[9] Operating Costs and Expenses - Total operating revenue for the first three quarters of 2024 reached ¥4,814,750,747.43, an increase of 11.2% compared to ¥4,330,331,264.66 in the same period of 2023[14] - Total operating costs increased to ¥5,258,961,730.32, up from ¥4,724,501,613.64, reflecting a rise of 11.3%[14] - Research and development expenses surged to ¥270,855,092.98, compared to ¥130,291,980.91 in the previous year, marking an increase of 108.2%[14] - The company reported a financial expense of ¥70,468,091.69, significantly higher than ¥11,604,957.21 in the previous year, indicating a rise of 505.5%[14] Other Financial Metrics - The weighted average return on equity for Q3 2024 was 0.13%, a decrease of 0.08 percentage points year-over-year[3] - The company's cash and cash equivalents as of September 30, 2024, amount to 3,237,110,908.56 RMB, a decrease from 3,424,698,926.92 RMB at the end of 2023[11] - Accounts receivable decreased to 1,093,095,671.34 RMB from 1,140,089,286.79 RMB year-over-year[11] - Inventory as of September 30, 2024, is reported at 2,397,073,877.44 RMB, down from 2,868,603,466.29 RMB[11] - The total current assets decreased to 7,505,092,041.49 RMB from 8,530,283,279.94 RMB[11] - The total equity attributable to shareholders increased slightly to ¥10,449,062,966.00 from ¥10,438,342,371.54, a marginal increase of 0.1%[13] - The basic and diluted earnings per share for Q3 2024 were both 0.0088 CNY, down from 0.0135 CNY in Q3 2023, indicating a decline in earnings per share[16] - The company reported a decrease in other comprehensive income, with a net amount of -29,271,679.48 CNY in Q3 2024 compared to -14,168,712.97 CNY in Q3 2023[15]