铁建重工(688425) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was CNY 199,738.11 million, representing a year-on-year increase of 9.05%[2] - The net profit attributable to shareholders for the third quarter was CNY 30,646.69 million, showing a significant increase of 61.03% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 29,471.68 million, reflecting a substantial increase of 126.31% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 6,800,530,313.02, a decrease of 8.06% compared to CNY 7,395,467,448.36 in the same period of 2023[14] - Net profit for the first three quarters of 2024 was CNY 1,029,674,545.67, a decrease of 15.29% compared to CNY 1,215,875,612.72 in 2023[15] - The operating profit for the first three quarters of 2024 was CNY 1,119,289,765.54, down from CNY 1,335,442,806.37 in the same period of 2023[14] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 89,065.00 million, which is an increase of 98.13% compared to the previous year[5] - Total cash inflow from operating activities for the first three quarters of 2024 was CNY 7,046,582,080.48, compared to CNY 6,952,642,529.85 in the same period of 2023, representing an increase of approximately 1.35%[16] - Net cash flow from operating activities increased to CNY 890,650,014.50 in 2024 from CNY 449,535,777.63 in 2023, showing a significant improvement[16] - Cash outflow for purchasing goods and services decreased to CNY 4,421,988,523.36 in 2024 from CNY 4,503,671,502.16 in 2023, a reduction of about 1.81%[16] - Cash inflow from investment activities was CNY 8,889.60 in Q3 2024, up from CNY 7,568.00 in Q3 2023[17] - Net cash flow from financing activities improved to CNY 396,902,475.79 in 2024 from CNY 149,422,689.75 in 2023[17] - The company experienced a net increase in cash and cash equivalents of CNY 748,705,554.83 in 2024, contrasting with a decrease of CNY 545,998,980.11 in 2023[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,811,976.40 million, marking a 10.53% increase from the end of the previous year[3] - The total assets of China Railway Construction Heavy Industry Group Co., Ltd. amounted to CNY 28,119,763,961.54, an increase from CNY 25,440,993,131.70 as of December 31, 2023, reflecting a growth of approximately 10.5%[11] - The total liabilities of the company were CNY 17,687,445,198.40, up from CNY 14,897,760,968.28, indicating an increase of approximately 18.6%[11] - The total liabilities increased to CNY 11,016,664,229.49 in Q3 2024, compared to CNY 8,886,193,394.74 in Q3 2023, reflecting a growth of 24.8%[14] - The total equity attributable to shareholders increased to CNY 17,081,352,690.15 in Q3 2024, up from CNY 16,533,286,278.24 in Q3 2023, representing a growth of 3.31%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,434, with the largest shareholder being China Railway Construction Corporation holding 71.93% of shares[6] Research and Development - Research and development (R&D) expenses totaled CNY 20,983.04 million, a decrease of 7.92% year-on-year, with R&D expenses accounting for 10.51% of operating revenue[3] - Research and development expenses for the first three quarters of 2024 were CNY 630,528,579.52, a decrease of 6.09% from CNY 671,399,643.73 in 2023[14] Earnings Per Share - The basic earnings per share for the third quarter was CNY 0.06, an increase of 50.00% compared to the same period last year[5] - The diluted earnings per share for the third quarter was also CNY 0.06, reflecting a 50.00% increase year-on-year[5] - Basic earnings per share for Q3 2024 were CNY 0.19, down from CNY 0.23 in Q3 2023[16] Other Financial Metrics - The return on equity (ROE) for the reporting period was 1.81%, an increase of 0.62 percentage points compared to the previous year[3] - The company reported a decrease in other comprehensive income after tax to CNY -1,359,820.58 in Q3 2024, compared to CNY 7,567,817.06 in Q3 2023[15] - The financial expenses for the first three quarters of 2024 were CNY 40,882,156.14, significantly higher than CNY 14,523,503.00 in 2023[14] Inventory and Receivables - Accounts receivable increased to CNY 9,588,948,226.89 from CNY 8,616,531,520.58, representing a growth of approximately 11.3%[11] - Inventory levels rose to CNY 5,687,704,798.12, compared to CNY 4,589,628,716.03, marking an increase of around 24%[11]