海马汽车(000572) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥449,770,422.80, representing a 94.15% increase compared to the same period last year[4]. - Net profit attributable to shareholders was ¥207,722,263.55, a significant turnaround from a loss of ¥85,854,594.46, marking a 341.95% increase year-over-year[4]. - The basic earnings per share increased to ¥0.1263 from -¥0.0522, reflecting a 341.95% improvement[4]. - The operating revenue for Q3 2024 was ¥1,045,991,048, a decrease of 45.34% compared to ¥1,913,682,371 in the same period last year, attributed to a temporary reduction in export sales[8]. - Total operating revenue for Q3 2024 was CNY 1,083,994,015.10, a decrease of 44.2% compared to CNY 1,939,425,305.77 in Q3 2023[13]. - Operating income was CNY 1,045,991,047.83, down from CNY 1,913,682,370.52, reflecting a decline of 45.4% year-over-year[13]. - The net profit for Q3 2024 was -2,677,376.52 CNY, an improvement from -165,529,181.59 CNY in the same period last year, indicating a significant reduction in losses[14]. - The company reported a comprehensive income total of -4,131,941.23 CNY for the quarter, compared to -166,617,360.84 CNY in the previous year[15]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥77,059,319.88, a decline of 137.98% compared to the previous year[4]. - The net cash flow from operating activities was negative at -¥77,059,320, a significant decline from ¥202,911,821 in the previous year, due to reduced deposits from related parties[8]. - Cash flow from operating activities showed a net outflow of -77,059,319.88 CNY, a decline from a net inflow of 202,911,821.41 CNY in the previous year[16]. - The cash and cash equivalents at the end of Q3 2024 were ¥435,727,708, down from ¥560,081,477 at the beginning of the period[11]. - The cash and cash equivalents at the end of the period reached 2,610,158,763.48 CNY, up from 1,647,360,002.72 CNY at the end of the previous period[17]. - The company’s cash and cash equivalents increased by 390,593,122.35 CNY during the period, compared to an increase of 52,874,714.16 CNY in the previous period[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,609,238,510.01, a decrease of 10.20% from the previous year[4]. - Total assets decreased to CNY 6,609,238,510.01 from CNY 7,359,688,080.47, a decline of 10.2%[13]. - Total liabilities decreased to CNY 3,833,682,505.77 from CNY 4,584,860,135.00, a reduction of 16.4%[13]. - Non-current assets totaled CNY 2,659,721,304.17, down from CNY 3,149,657,315.66, a decrease of 15.6%[12]. - The accounts receivable decreased to ¥423,936,259 from ¥596,104,610, indicating improved collection efforts[11]. Investment and R&D - The company recognized non-recurring gains of ¥252,474,744.46 in Q3 2024, which includes gains from the disposal of non-current assets and government subsidies[6]. - The company increased its investment in hydrogen fuel cell vehicle R&D, leading to an 88.13% rise in development expenditures to ¥140,378,024.99[7]. - Research and development expenses decreased to 122,958,657.93 CNY from 152,828,717.78 CNY, a reduction of about 19.5%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,879, with the largest shareholder holding 28.80% of the shares[9]. - The company’s equity attributable to shareholders increased by 2.88% to ¥1,951,924,424.55 compared to the previous year[4]. Operating Costs and Expenses - The operating cost decreased by 44.28% to ¥960,486,814 from ¥1,723,681,587, reflecting improved cost management[8]. - Total operating costs for Q3 2024 were CNY 1,355,002,565.83, a decrease of 37.2% from CNY 2,158,781,489.05 in the same period last year[13]. - Sales expenses increased to 32,813,163.70 CNY from 28,419,984.57 CNY, reflecting a rise of approximately 13.5%[14]. - The total tax and additional expenses amounted to 20,877,509.26 CNY, down from 33,392,198.32 CNY, indicating a decrease of approximately 37.5%[14]. Financial Ratios and Metrics - The company reported a dramatic increase in financial expenses by 20632.12% to ¥12,657,535, due to significant foreign exchange gains in the previous year[8]. - The company has not reported any new product launches or significant market expansion strategies during this quarter[10].