HAC(SH:600202)2024-10-29 07:33Financial Performance - The company's operating revenue for Q3 2024 was ¥233,374,200.10, a decrease of 34.88% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was a loss of ¥7,471,240.05, representing a decline of 194.64% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was a loss of ¥8,675,718.77, down 182.05% from the previous year[2] - The weighted average return on net assets for Q3 2024 was -0.90%, a decrease of 1.85 percentage points year-on-year[2] - The basic earnings per share for Q3 2024 was -¥0.0195, a decline of 194.66% compared to the same period last year[2] - The net profit attributable to shareholders for the year-to-date was ¥1,430,725.38, down 93.91% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 was CNY 941,944,624.36, a decrease of 11.1% compared to CNY 1,059,791,589.25 in the same period of 2023[17] - Net profit for the first three quarters of 2024 was CNY 2,459,240.59, a significant decline of 89.9% from CNY 24,267,471.28 in the same period of 2023[19] - The company reported a basic earnings per share of CNY 0.0037 for the first three quarters of 2024, compared to CNY 0.0613 in 2023[20] - The company reported a total comprehensive income of -¥2.56 million for the third quarter of 2024, compared to ¥19.82 million in the same quarter of 2023[28] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥3,007,457,097.37, an increase of 2.41% compared to the end of the previous year[3] - The company's total assets as of September 30, 2024, amount to 3,007,457,097.37 RMB, an increase from 2,936,798,895.80 RMB at the end of 2023[15] - Current assets total 2,310,413,571.61 RMB, compared to 2,193,590,210.76 RMB in the previous year[14] - The total liabilities as of the end of the third quarter of 2024 were CNY 2,150,722,719.81, an increase from CNY 2,078,966,357.33 at the end of the same period in 2023[19] - The total current liabilities increased to 2,019,956,384.43 RMB from 1,702,125,446.86 RMB, indicating a rise in financial obligations[15] - The company's total liabilities rose to CNY 1,891,279,168.02, compared to CNY 1,815,944,088.08 in the previous year, indicating an increase of approximately 4.1%[26] - The company's total equity decreased to CNY 812,024,781.37 from CNY 818,416,596.05, representing a decline of about 0.5%[26] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥64,700,701.54, an increase of 356.01% year-on-year[6] - The net cash flow from operating activities for Q3 2024 was CNY 64,700,701.54, a significant improvement compared to a net outflow of CNY 25,272,386.21 in Q3 2023[22] - Cash flow from operating activities increased to CNY 1,102,058,406.12 in the first three quarters of 2024, up from CNY 923,807,842.52 in 2023, representing a growth of 19.3%[21] - The total cash outflows from operating activities increased to CNY 1,110,363,111.90, compared to CNY 997,203,327.91 in Q3 2023, marking an increase of about 11.3%[22] - Cash and cash equivalents at the end of Q3 2024 stood at CNY 119,032,867.00, down from CNY 158,055,323.12 at the end of Q3 2023, indicating a decrease of approximately 24.7%[23] Inventory and Expenses - The company reported a significant increase in inventory, which rose to CNY 448,485,610.13 from CNY 291,198,054.35, reflecting a growth of approximately 54%[24] - The total operating costs for the first three quarters of 2024 were CNY 952,621,230.71, down from CNY 1,035,805,031.15 in 2023, reflecting a reduction of 8.0%[19] - The total operating costs decreased to ¥492.29 million in the first three quarters of 2024 from ¥697.15 million in 2023, reflecting a reduction of 29.4%[27] - Financial expenses increased significantly to ¥25.34 million in the first three quarters of 2024, compared to ¥12.68 million in the same period of 2023, primarily due to higher interest expenses[27] - Research and development expenses remained stable at approximately ¥17.26 million in the first three quarters of 2024, slightly down from ¥17.41 million in 2023[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,004[9] - The largest shareholder, Harbin Industrial Investment Group Co., Ltd., holds 130,449,385 shares, accounting for 34.03% of the total shares[12] - The company has no significant changes in the shareholding structure among the top shareholders, indicating stability in ownership[12]