振华科技(000733) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,309,692,569.34, a decrease of 23.73% compared to ¥1,717,178,905.60 in the same period last year[2] - Net profit attributable to shareholders was ¥224,401,923.48, down 57.51% from ¥528,171,739.98 year-on-year[2] - The net profit excluding non-recurring gains and losses was ¥208,171,891.06, reflecting a 58.26% decline from ¥498,816,882.09 in the previous year[2] - The basic earnings per share decreased by 59.21% to ¥0.4031 from ¥0.9882 in the same quarter last year[3] - The weighted average return on equity was 1.57%, down from 4.88% year-on-year, indicating a decline of 3.32%[3] - The net profit for Q3 2024 was CNY 644,903,428.96, a decrease of 68.7% compared to CNY 2,059,080,017.51 in the same period last year[14] - The total comprehensive income for Q3 2024 was CNY 650,578,971.70, down from CNY 2,060,358,295.28 in Q3 2023[15] - Basic and diluted earnings per share for Q3 2024 were both CNY 1.1635, compared to CNY 3.9290 in the previous year[15] - The company reported a decrease in operating profit to CNY 748,306,340.84 from CNY 2,378,364,632.08 in Q3 2023[14] Cash Flow - The net cash flow from operating activities was ¥1,334,797,767.88, an increase of 215.14% compared to ¥423,553,290.40 in the same period last year[3] - Cash flow from operating activities generated a net amount of CNY 1,334,797,767.88, significantly higher than CNY 423,553,290.40 in Q3 2023[15] - The net cash flow from investing activities decreased by 14.21% to -¥318,337,231.10, attributed to increased cash payments for fixed assets[8] - Cash flow from investing activities resulted in a net outflow of CNY 318,337,231.10, compared to a net outflow of CNY 278,735,393.56 in the same quarter last year[16] - The net cash flow from financing activities decreased by 142.54% to -¥947,613,940.72, primarily due to reduced cash from borrowings and increased debt repayments[8] - Cash flow from financing activities showed a net outflow of CNY 947,613,940.72, contrasting with a net inflow of CNY 2,227,789,305.92 in Q3 2023[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥17,974,514,043.52, a decrease of 1.58% compared to the previous year-end[3] - Total assets decreased to CNY 17,689,918,292.70 from CNY 17,974,514,043.52, a decline of 1.58%[12] - Total liabilities decreased to CNY 3,263,645,799.26 from CNY 3,627,845,506.90, a reduction of 10.04%[11] - The company's equity attributable to shareholders increased to CNY 14,427,839,350.02, up from CNY 14,348,600,240.98, an increase of 0.55%[12] Operational Metrics - The company reported a significant decrease in accounts receivable, down 66.94% to ¥780,128,365.00 from ¥2,359,981,754.45 at the beginning of the year[6] - The construction in progress increased by 38.20% to ¥389,799,665.92, attributed to increased project investments during the reporting period[6] - The company experienced a 551.42% increase in employee compensation payable, reaching ¥103,801,886.10, due to unpaid salaries from some subsidiaries[6] - Operating revenue decreased by 37.97% to ¥3,739,583,312.29 compared to ¥6,028,962,766.94 in the previous year[7] - Total operating revenue for Q3 2024 was CNY 3,739,583,312.29, a decrease of 38.06% compared to CNY 6,028,962,766.94 in the same period last year[13] - Total operating costs for Q3 2024 were CNY 2,945,983,519.61, down 17.43% from CNY 3,567,144,234.83 year-on-year[13] - Research and development expenses for Q3 2024 amounted to CNY 263,978,457.25, a decrease of 23.43% compared to CNY 344,650,344.56 in the previous year[13] Other Financial Metrics - Financial expenses decreased by 69.64% to ¥8,763,395.14, primarily due to increased interest income and repayment of loans[7] - Income tax expenses decreased by 67.81% to ¥104,211,556.01, reflecting a decline in total profit[7] - The company reported a 36.74% reduction in credit impairment losses, amounting to ¥81,519,204.65, due to changes in accounting estimates[7] - The company’s other comprehensive income increased by 344.00% to ¥5,675,542.74, influenced by market fluctuations of certain stocks[7] - The company faced downward pricing pressure due to insufficient volume in new research and production projects[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 65,775, with the largest shareholder holding 30.60%[9]