Xianhe(SH:603733)2024-10-29 09:38Financial Performance - The company's operating revenue for Q3 2024 reached ¥2,658,452,980.81, an increase of 8.68% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥266,566,611.45, reflecting a growth of 32.49% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥243,073,872.98, up 45.26% from the previous year[2]. - Basic earnings per share for Q3 2024 were ¥0.38, an increase of 31.03% compared to the same period last year[3]. - Diluted earnings per share for Q3 2024 were ¥0.36, representing a growth of 33.33% year-over-year[3]. - Total revenue for the first three quarters of 2024 reached ¥7,261,986,679.52, an increase of 16.9% compared to ¥6,212,503,644.51 in the same period of 2023[16]. - The net profit for the year-to-date period increased by 113.97% due to enhanced production capacity, increased sales, and optimized raw material procurement[6]. - The net profit for the third quarter of 2024 reached CNY 823,055,805.57, a significant increase from CNY 384,421,861.16 in the same period last year, representing a growth of approximately 114%[18]. - The total profit for the third quarter was CNY 922,749,130.98, up from CNY 421,780,806.80, marking an increase of about 119% year-over-year[17]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥22,449,738,556.23, a rise of 18.97% from the end of the previous year[3]. - Total assets as of September 30, 2024, amounted to ¥22,449,738,556.23, up from ¥18,869,530,841.37 at the end of 2023, reflecting a growth of 19.5%[15]. - Total liabilities reached ¥14,514,188,474.70, compared to ¥11,507,649,489.34 at the end of 2023, marking a rise of 26.1%[16]. - Non-current liabilities increased to ¥9,298,653,455.37, up from ¥5,894,901,881.36 at the end of 2023, reflecting a growth of 57.5%[16]. - The company's total assets amounted to 10,442,462,129.08 CNY, down from 11,004,791,909.82 CNY, reflecting a decrease of approximately 5.1%[23]. - The total liabilities decreased to 4,436,376,446.13 CNY from 5,114,858,431.49 CNY, showing a decline of about 13.2%[23]. Shareholder Information - Shareholders' equity attributable to the parent company reached ¥7,893,841,150.88, increasing by 7.75% compared to the end of last year[3]. - The total number of common shareholders at the end of the reporting period is 19,864[8]. - Zhejiang Xianhe Holding Group Co., Ltd. holds 540,000,000 shares, accounting for 76.49% of the total shares[9]. - The second largest shareholder, Wang Minglong, holds 10,000,600 shares, representing 1.42%[9]. - The top ten shareholders include various entities, with the largest being a domestic non-state-owned legal person[8]. - The company has not reported any changes in the top ten shareholders due to securities lending activities[10]. - The company has a pledge of 42,000,000 shares by its largest shareholder[8]. - There are no reported related party transactions among the top shareholders[9]. Cash Flow and Investments - The net cash flow generated from operating activities for the first three quarters was CNY 447,949,955.01, a turnaround from a negative cash flow of CNY -723,207,444.84 in the previous year[19]. - The net cash flow from investment activities was -2,811,152,764.37 CNY, compared to -2,227,952,289.02 CNY in the previous year, indicating a decline of approximately 26.2%[20]. - The net cash flow from financing activities was 2,310,557,483.24 CNY, down from 3,170,092,391.89 CNY, indicating a decrease of approximately 27.1%[20]. - The cash and cash equivalents at the end of the period were 744,923,228.85 CNY, down from 961,639,552.07 CNY, a decline of about 22.5%[20]. - The cash inflow from financing activities was 6,424,550,168.13 CNY, down from 7,251,315,857.22 CNY, indicating a decrease of about 11.4%[20]. Research and Development - Research and development expenses increased to CNY 99,220,657.56, up from CNY 75,179,962.45, reflecting a growth of about 32% year-over-year[17]. - Research and development expenses increased to ¥37,738,907.90, a 34.6% rise from ¥28,055,540.94 in the previous year[24]. Comprehensive Income - The company reported a total comprehensive income of ¥363,243,647.47 for the first three quarters of 2024, compared to ¥249,999,729.50 in the previous year[25]. - The total comprehensive income for the third quarter was CNY 820,760,172.35, compared to CNY 378,846,751.90 in the previous year, showing an increase of about 117%[18].