老板电器(002508) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥2,666,415,701.28, representing a decrease of 11.07% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥442,820,994.37, down 18.49% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥416,751,314.41, a decline of 22.34% compared to the previous year[2]. - Basic earnings per share were ¥0.47, down 18.07% from the same period last year[2]. - The net profit for Q3 2024 was CNY 1,185,704,513.72, a decrease of 12.9% compared to CNY 1,361,919,203.75 in Q3 2023[12]. - The total comprehensive income for the period was CNY 1,185,536,866.54, compared to CNY 1,361,919,203.75 in Q3 2023, marking a decline of approximately 12.9%[13]. - The operating profit for the quarter was CNY 1,410,227,513.57, down from CNY 1,617,362,943.08 in Q3 2023, reflecting a decrease of approximately 12.8%[12]. - The company’s total profit for the period was CNY 1,403,313,319.73, a decrease of 13.1% from CNY 1,614,766,631.56 in the same quarter last year[12]. Cash Flow and Assets - The operating cash flow net amount for the year-to-date was ¥525,768,857.38, reflecting a significant decrease of 62.30%[2]. - The company reported a significant decrease in cash flow from operating activities, primarily due to reduced collections and increased payments to suppliers[5]. - Cash and cash equivalents decreased from CNY 1,985,050,745.11 to CNY 1,187,511,979.38, a decrease of about 40.2%[8]. - The cash flow from operating activities generated a net amount of CNY 525,768,857.38, significantly lower than CNY 1,394,577,576.86 in Q3 2023[14]. - The cash flow from investing activities showed a net inflow of CNY 97,017,348.45, a recovery from a net outflow of CNY -624,301,350.06 in the previous year[15]. - The company’s total assets decreased to CNY 1,074,368,978.70 in cash and cash equivalents at the end of the period, down from CNY 5,538,691,858.57 in Q3 2023[15]. Assets and Liabilities - Total assets at the end of the reporting period were ¥15,811,645,443.39, a decrease of 5.77% from the end of the previous year[2]. - Total current assets decreased from CNY 11,586,516,752.94 to CNY 8,396,945,503.83, a decline of approximately 27.5%[8]. - Total non-current liabilities totaled CNY 154,065,228.57, down from CNY 175,707,612.65, indicating improved financial stability[10]. - The total liabilities decreased to CNY 4,919,953,908.57 from CNY 6,148,935,267.79, reflecting a reduction in overall debt[10]. - The equity attributable to shareholders increased to CNY 10,800,542,004.48 from CNY 10,522,938,731.68, showing growth in shareholder value[10]. Shareholder Information - The number of common shareholders at the end of the reporting period was 55,834[7]. - The largest shareholder, Hangzhou Boss Industrial Group Co., Ltd., holds 49.94% of the shares[7]. - The company has not reported any changes in the top 10 shareholders due to securities lending activities[8]. Operational Insights - Total operating revenue for the third quarter was CNY 7,395,769,773.08, a decrease of 6.75% compared to CNY 7,933,319,563.87 in the same period last year[11]. - Total operating costs amounted to CNY 6,146,967,386.74, down from CNY 6,498,916,320.12, reflecting a cost reduction strategy[11]. - Research and development expenses were CNY 276,355,597.58, slightly decreased from CNY 279,326,363.45, indicating continued investment in innovation[11]. - The company reported a government subsidy of ¥10,037,822.62 during the reporting period, contributing positively to its financial performance[3]. Strategic Outlook - The company is focusing on market expansion and new product development as part of its strategic initiatives[11]. - Future guidance indicates a cautious outlook due to market conditions, with emphasis on cost control and efficiency improvements[11]. - There are no significant new strategies or product developments mentioned in the provided data[8].