SPNG(002267)2024-10-27 07:38Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,392,988,657.93, representing a 16.03% increase year-over-year[2] - Net profit attributable to shareholders was ¥4,066,248.83, a significant increase of 106.67% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥4,524,922.62, up 107.22% year-over-year[2] - The basic earnings per share for the period was ¥0.0037, marking a 106.75% increase year-over-year[2] - The company reported a net profit for Q3 2024 reached CNY 538,451,610.94, a significant increase of 68.6% compared to CNY 319,024,771.83 in Q3 2023[15] - Operating profit for the quarter was CNY 632,375,511.02, up from CNY 369,951,302.04, reflecting a growth of 70.9% year-over-year[15] - Total revenue from operating activities amounted to CNY 6,613,329,771.25, compared to CNY 5,601,098,253.73 in the previous year, indicating an increase of 18.0%[17] - The total comprehensive income attributable to the parent company's owners was CNY 523,285,954.97, compared to CNY 306,671,087.50, reflecting an increase of 70.7%[16] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥12,951,561,345.36, reflecting a 1.05% increase from the end of the previous year[2] - Shareholders' equity attributable to the company reached ¥6,814,996,201.33, which is a 3.88% increase compared to the end of the previous year[2] - The company's non-current liabilities totaled 2,188,891,013.79 RMB, an increase from 1,103,568,984.84 RMB at the beginning of the period[14] - The company experienced a 60.36% increase in notes payable, amounting to ¥9,621.70, attributed to an increase in issued bank letters of credit[5] - Non-current liabilities due within one year decreased by 39.71% to CNY 63,849.23 million, resulting from the repayment of maturing medium-term notes[6] - Other current liabilities decreased significantly by 92.42% to CNY 3,553.34 million, due to the repayment of maturing short-term financing bonds[6] Cash Flow - The cash flow from operating activities for the year-to-date was ¥762,547,324.05, showing a 65.72% increase compared to the same period last year[2] - The company experienced a net cash inflow from operating activities of CNY 6,613,329,771.25, compared to CNY 5,601,098,253.73 in the previous year, an increase of 18.0%[17] - Total cash outflow from operating activities reached ¥5,850,782,447.20, up from ¥5,140,950,765.49, indicating a growth of 13.8%[18] - Cash inflow from financing activities totaled ¥2,165,580,000.00, slightly down from ¥2,072,641,988.24 in the previous year[18] - The ending balance of cash and cash equivalents was ¥793,033,035.16, compared to ¥755,112,767.91 at the end of the previous year, reflecting an increase of 5.0%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,077, with the largest shareholder, Shaanxi Gas Group Co., Ltd., holding 64.43%[7] - The top ten shareholders collectively held a significant portion of the company's shares, with no changes in the major shareholders participating in margin trading[10] - The company approved a cash dividend of 3.00 RMB per 10 shares based on a total share capital of 1,112,075,445 shares as of December 31, 2023[11] Tax and Expenses - The company's income tax payable decreased by 42.34% to CNY 2,462.60 million due to a reduction in corporate income tax payable at the end of the period[6] - Tax and additional charges increased by 32.78% to CNY 3,531.32 million, primarily due to an increase in value-added tax surcharges[6] - The company's tax expenses for the quarter were CNY 89,897,946.86, compared to CNY 49,698,813.48 in the same period last year, an increase of 80.9%[15] Investment and Other Income - Other income rose by 62.51% to CNY 781.53 million, driven by government subsidies for stable production and expansion[6] - Investment income increased by 39.50% to CNY 3,509.44 million, attributed to higher profits from joint ventures[6] - The company reported investment income of CNY 35,094,362.01, up from CNY 25,157,819.62, representing a growth of 39.4%[15] Operational Changes - The company plans to acquire natural gas pipeline assets from Shaanxi Gas Group for a total price of 153,024.03 million RMB, based on an asset evaluation report dated April 30, 2024[11] - Research and development expenses decreased to CNY 16,348,793.47 from CNY 18,270,335.53, a reduction of 10.5%[15] - The company did not conduct an audit for the third quarter report[19]