COMEC(SH:600685)2024-10-29 09:18Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥3.96 billion, representing a year-on-year increase of 4.44%[2] - The net profit attributable to shareholders for Q3 2024 was approximately ¥40.42 million, a significant increase of 250.41% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.0286, reflecting a year-on-year increase of 248.78%[6] - The net profit attributable to shareholders for the year-to-date reached approximately ¥187.26 million, reflecting a substantial increase of 673.83% compared to the same period last year[2] - The net profit for Q3 2024 was approximately ¥250.23 million, a significant increase from ¥34.16 million in Q3 2023, representing a growth of over 630%[19] - The net profit attributable to shareholders of the parent company was ¥187.26 million, compared to ¥24.20 million in the same period last year, marking a growth of approximately 675%[19] - Total comprehensive income for Q3 2024 reached approximately ¥2.25 billion, up from ¥956.34 million in Q3 2023, indicating an increase of about 135%[19] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to approximately ¥51.66 billion, an increase of 1.57% from the end of the previous year[3] - The total liabilities of the company amounted to ¥29,774,404,156.89, a decrease from ¥31,255,464,283.95 in the previous year[16] - The equity attributable to shareholders increased to approximately ¥18.58 billion, marking a year-on-year growth of 13.15%[3] - Total equity attributable to shareholders increased to ¥18,576,228,747.51 from ¥16,417,569,534.93, reflecting a growth of 13.1%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at approximately -¥4.90 billion, indicating a decline of 1,601.02% compared to the previous year[6] - Cash flow from operating activities for the first three quarters of 2024 was negative at approximately -¥4.90 billion, compared to a positive cash flow of ¥326.33 million in the same period of 2023[20] - Cash inflow from investment activities was approximately ¥1.57 billion, a decrease from ¥4.04 billion in the previous year, reflecting a decline of about 61%[20] - Cash flow from financing activities generated a net inflow of approximately ¥482.30 million, contrasting with a net outflow of -¥1.15 billion in the same period last year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 71,835, with the largest shareholder, HKSCC NOMINEES LIMITED, holding 589,866,607 shares, accounting for 41.73%[7] - The second largest shareholder, China Shipbuilding Industry Group Co., Ltd., holds 481,337,700 shares, representing 34.05%[7] Research and Development - Research and development expenses rose by 67.49% to CNY 694,506,502.35, highlighting increased investment in R&D[12] - Research and development expenses rose to ¥694,506,502.35 in the first three quarters of 2024, compared to ¥414,659,147.83 in 2023, marking a 67.5% increase[18] Other Financial Metrics - The weighted average return on equity for Q3 2024 was 0.25%, an increase of 0.17 percentage points from the previous year[6] - The company recognized non-operating income from government subsidies amounting to approximately ¥17.71 million for the current period[4] - The company reported an investment income of CNY 149,025,346.14, a significant increase compared to the previous year[12] - Other comprehensive income rose by 76.81% to CNY 4,610,459,921.85, reflecting the impact of increased fair value of investments[11] - The company's cash and cash equivalents showed a significant increase, with short-term borrowings decreasing from ¥780,514,316.67 to ¥288,162,291.67[15] - The company reported a decrease in accounts payable from ¥5,587,631,717.99 to ¥4,869,983,355.45, indicating improved cash flow management[15]