新兴铸管(000778) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥8,348,825,286.34, a decrease of 29.25% compared to the same period last year[2] - Net profit attributable to shareholders was ¥55,724,546.59, down 77.77% year-on-year[2] - The net profit after deducting non-recurring gains and losses was -¥34,720,963.90, a decline of 115.42% compared to the previous year[2] - Total operating revenue for Q3 2024 was CNY 27,080,229,944.77, a decrease of 25.5% compared to CNY 36,321,915,922.04 in Q3 2023[13] - Net profit for Q3 2024 was CNY 425,172,910.23, a decline of 63.2% compared to CNY 1,154,706,579.51 in Q3 2023[15] - The total comprehensive income attributable to the parent company for Q3 2024 was ¥491,184,768.39, a decrease from ¥1,091,161,048.84 in the same period last year, representing a decline of approximately 55.1%[16] - Basic and diluted earnings per share for Q3 2024 were both ¥0.1212, down from ¥0.2730 in Q3 2023, indicating a decrease of about 55.6%[16] Cash Flow and Liquidity - The operating cash flow for the year-to-date period was -¥1,767,760,950.83, representing a decrease of 277.99%[2] - Net cash flow from operating activities for Q3 2024 was negative at ¥1,767,760,950.83, compared to a positive cash flow of ¥993,162,332.94 in Q3 2023[18] - Cash inflow from operating activities totaled ¥27,858,435,097.64, down 28.4% from ¥38,921,715,716.22 in the previous year[17] - Cash outflow from operating activities was ¥29,626,196,048.47, a decrease of 21.8% compared to ¥37,928,553,383.28 in the same period last year[18] - Cash flow from investing activities showed a net outflow of ¥64,690,164.30, an improvement from a net outflow of ¥614,335,057.18 in Q3 2023[18] - Cash inflow from financing activities was ¥4,730,567,539.97, down from ¥5,513,543,996.75 in the previous year, reflecting a decrease of approximately 14.2%[18] - The total cash and cash equivalents at the end of Q3 2024 were ¥5,034,190,224.96, down from ¥8,639,997,479.01 at the end of Q3 2023, indicating a decline of about 41.5%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥54,725,102,975.62, a decrease of 1.45% from the end of the previous year[2] - The company's total assets decreased to CNY 54,725,102,975.62 from CNY 55,530,370,450.75, reflecting a reduction of 1.5%[13] - Current liabilities totaled CNY 17,146,946,766.30, down 12.0% from CNY 19,460,535,021.81 in the previous year[13] - The company's total liabilities decreased to CNY 26,072,346,431.82 from CNY 27,048,096,919.17, a decline of 3.6%[13] - The company has a long-term equity investment of ¥4,312,200,598.63, down from ¥4,749,584,899.94[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 127,129[7] - The largest shareholder, Xinxing Cathay International Group Co., Ltd., holds 39.97% of shares, totaling 1,594,808,303 shares[7] - The total number of preferred shareholders with restored voting rights is zero[7] - The company issued a cash dividend of ¥0.60 per 10 shares for the 2023 fiscal year, approved at the shareholders' meeting on May 16, 2024[10] - The company completed the distribution of dividends on July 12, 2024[10] Operating Income and Expenses - Investment income for the first nine months of 2024 was ¥93,291,198.69, down 83.14% from the same period last year[5] - The company reported a significant increase in other operating income, which rose by 228.10% to ¥21,483,235.10[6] - The company experienced a 900.10% increase in operating expenses, totaling ¥87,815,810.54, primarily due to increased litigation compensation payments[6] - The company reported a decrease in sales revenue from goods and services received, totaling ¥27,357,886,058.01, down 28.4% from ¥38,170,780,870.85 in the previous year[17] Audit and Compliance - The company has not undergone an audit for the Q3 2024 report[19]