SMAC(SH:600073)2024-10-30 08:53Financial Performance - The company's operating revenue for Q3 2024 was ¥4,782,724,075.79, a decrease of 5.05% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 reached ¥127,998,058.21, an increase of 911.63% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥115,917,040.49, reflecting a year-on-year increase of 523.87%[2]. - Basic earnings per share for Q3 2024 were ¥0.14, an increase of 902.93% year-on-year[4]. - The weighted average return on equity for Q3 2024 was 2.51%, up by 2.83 percentage points from the previous year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 16,384,322,775.80, a slight decrease of 0.38% compared to CNY 16,447,197,178.72 in the same period of 2023[16]. - Net profit for the first three quarters of 2024 reached CNY 344,407,556.23, an increase of 103.6% compared to CNY 169,038,912.32 in the previous year[17]. - Operating profit increased significantly to CNY 485,124,102.64, compared to CNY 280,058,749.80 in the same period last year, marking a growth of 73.2%[17]. Cash Flow and Investments - Cash flow from operating activities for the year-to-date period was ¥937,612,796.77, showing a significant improvement of 99.49% compared to the same period last year[2]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 937,612,796.77, up from CNY 470,001,492.11 in the same period of 2023[20]. - Net cash flow from investing activities was negative CNY 92,104,267.35, an improvement from negative CNY 381,936,350.05 in the previous year[20]. - The company received CNY 343,000,000.00 from investments during the reporting period[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,818,883,192.77, a decrease of 9.80% compared to the end of the previous year[4]. - The company's current assets totaled RMB 7,781,040,284.08, down from RMB 8,997,665,817.91 at the end of 2023, indicating a reduction of about 13.5%[12]. - The total liabilities decreased to RMB 8,000,000,000 from RMB 9,000,000,000, indicating a reduction of approximately 11.1%[13]. - The total liabilities decreased to CNY 6,514,552,389.59 from CNY 8,565,817,475.83, indicating a reduction in financial leverage[16]. - The company’s total assets decreased to CNY 13,818,883,192.77 from CNY 15,320,349,903.78, reflecting a strategic focus on asset optimization[16]. Cost Management - Total operating costs decreased to CNY 16,054,095,218.06, down 1.35% from CNY 16,273,571,085.52 year-on-year[16]. - The company reported a decrease in financial expenses to CNY 2,420,776.47, down from CNY 9,433,208.53 in the previous year, indicating improved cost management[16]. - Research and development expenses slightly increased to CNY 44,398,493.61, compared to CNY 43,687,128.11 in the same period last year, reflecting ongoing investment in innovation[16]. Shareholder Equity - Shareholders' equity attributable to the parent company was ¥5,163,811,292.31, an increase of 4.33% year-on-year[4]. - The equity attributable to shareholders of the parent company increased to CNY 5,163,811,292.31, up from CNY 4,949,498,401.27, showing a growth of 4.3%[16]. Other Financial Metrics - Non-recurring gains and losses for the current period totaled ¥12,081,017.72, with significant contributions from government subsidies and asset disposal gains[5]. - Other comprehensive income after tax showed a significant improvement, with a total of CNY -50,271,345.01 compared to CNY -113,251,404.68 in the previous year, indicating better overall financial health[17]. - The company reported a decrease in tax payments to CNY 259,339,544.25 from CNY 582,443,199.50 year-over-year[19].