中联重科(000157) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥9,850,240,131.91, a decrease of 13.89% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2024 was ¥850,968,940.78, an increase of 4.42% year-on-year[4]. - The basic earnings per share for Q3 2024 was ¥0.10, reflecting an increase of 11.11% compared to the previous year[4]. - Total operating revenue for Q3 2024 was CNY 34.39 billion, a decrease of 3.18% compared to CNY 35.51 billion in Q3 2023[17]. - Net profit attributable to shareholders of the parent company reached CNY 3.14 billion, up 9.93% from CNY 2.86 billion in the same period last year[18]. - The company reported a gross profit margin of 9.67%, compared to 8.00% in the same quarter last year[17]. - Earnings per share (EPS) for Q3 2024 was CNY 0.38, compared to CNY 0.34 in Q3 2023[18]. Revenue Breakdown - Domestic revenue for the year-to-date period decreased by 25.54% to ¥16,742,164,337.17, while overseas revenue increased by 35.42% to ¥17,643,574,755.31[4]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥128,665,701,749.82, a decrease of 1.68% from the end of the previous year[4]. - Total assets decreased to CNY 128.67 billion from CNY 130.86 billion year-on-year, a decline of 1.68%[16]. - The total liabilities decreased to CNY 68.51 billion, down 4.06% from CNY 71.70 billion in the previous year[16]. - The company’s total non-current liabilities decreased to CNY 20.48 billion, down from CNY 21.70 billion year-on-year, a decline of 5.61%[16]. Cash Flow - The company's cash flow from operating activities for the year-to-date period was ¥2,190,402,340.30, a decrease of 7.25% year-on-year[4]. - Cash inflow from operating activities reached CNY 41.98 billion, an increase from CNY 40.63 billion in the previous period, reflecting a growth of approximately 3.3%[19]. - Net cash flow from operating activities was CNY 1.21 billion, compared to CNY 1.14 billion in the same period last year, indicating a year-over-year increase of about 5.4%[19]. - Cash outflow from investment activities totaled CNY 4.28 billion, down from CNY 8.55 billion in the previous year, representing a decrease of approximately 50%[19]. - Cash inflow from financing activities was CNY 8.77 billion, a significant decrease from CNY 14.95 billion in the prior year, reflecting a decline of about 41%[20]. - Net cash flow from financing activities was negative at CNY 505 million, compared to a negative CNY 46.95 million in the same period last year[20]. Expenses - The company's management expenses increased by 35.00% primarily due to increased share-based payment expenses related to the employee stock ownership plan[7]. - Research and development expenses for the quarter were CNY 1.86 billion, a significant decrease of 27.53% from CNY 2.57 billion in Q3 2023[17]. - The company reported a total of CNY 722,156,637.89 in equity-settled share-based payment expenses during the period[12]. Asset Management - The company reported a significant increase of 3539.74% in asset disposal income, mainly from the disposal of park storage assets[7]. - Total current assets at the end of the period amounted to CNY 77,598,437,694.52, a slight decrease from CNY 77,971,159,889.86 at the beginning of the period[14]. - Cash and cash equivalents decreased to CNY 14,051,207,289.20 from CNY 15,870,434,751.38[14]. - Accounts receivable increased to CNY 26,542,358,761.93 from CNY 24,612,186,679.56, indicating a growth of approximately 7.8%[14]. - Inventory remained relatively stable at CNY 22,423,614,261.63, compared to CNY 22,503,500,945.99 at the beginning of the period[14]. - The total non-current assets decreased to CNY 66,198,000,000.00 from CNY 66,500,000,000.00, reflecting a slight decline[14]. - The company’s long-term receivables decreased significantly from CNY 17,001,984,894.22 to CNY 13,008,723,910.16, a drop of approximately 23.4%[14]. - The fixed assets increased to CNY 11,178,254,982.18 from CNY 10,935,443,001.80, showing a growth of about 2.2%[14]. Tax and Refunds - The company received CNY 2.68 billion in tax refunds, up from CNY 1.70 billion in the previous year, marking an increase of about 57.5%[19].