远东传动(002406) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥306,692,614.21, an increase of 0.60% compared to the same period last year[3] - Net profit attributable to shareholders was ¥33,075,770.65, representing a significant increase of 71.61% year-over-year[3] - The net profit after deducting non-recurring gains and losses was ¥16,530,192.63, up 18.47% from the previous year[3] - The total operating revenue for the third quarter of 2024 was CNY 955,777,579.57, an increase from CNY 929,820,206.50 in the same period last year, representing a growth of approximately 2.3%[12] - The net profit attributable to the parent company was CNY 1,322,119,448.47, up from CNY 1,308,927,427.95 year-on-year, indicating a growth of approximately 1%[11] - The net profit for Q3 2024 was CNY 86,140,275.36, an increase of 38.5% compared to CNY 61,973,511.17 in Q3 2023[13] - Operating profit reached CNY 109,000,300.56, up from CNY 73,087,461.86, reflecting a growth of 49.2% year-over-year[13] - The company reported a total profit of CNY 108,331,611.46, which is a 50.5% increase from CNY 72,038,919.91 in Q3 2023[13] - The basic and diluted earnings per share for Q3 2024 were both CNY 0.12, compared to CNY 0.10 in Q3 2023, marking a 20% increase[13] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,826,724,956.88, reflecting a 0.32% increase from the end of the previous year[3] - The company's total assets at the end of the third quarter were CNY 4,826,724,956.88, slightly up from CNY 4,811,188,306.76 at the beginning of the year[10] - The company's total liabilities amounted to CNY 799,556,182.00, compared to CNY 797,137,299.04 at the beginning of the year, showing a slight increase[11] - The total equity attributable to shareholders reached CNY 3,994,076,850.37, up from CNY 3,980,884,829.85, reflecting an increase of about 0.3%[11] Cash Flow and Financing - Cash flow from operating activities amounted to CNY 66,615,291.80, slightly up from CNY 66,448,243.73 in the previous year[14] - Cash and cash equivalents decreased to CNY 626,518,959.78 from CNY 646,903,721.15, a decline of about 3.9%[10] - Cash and cash equivalents at the end of the period were CNY 625,197,723.93, down from CNY 736,762,416.62 at the end of Q3 2023[15] - The net cash flow from investing activities was negative at CNY -8,295,797.42, an improvement from CNY -75,637,510.90 in the previous year[14] - The total cash inflow from financing activities was CNY 100,000,000.00, with cash outflow of CNY 73,022,508.20, resulting in a net cash flow of CNY -73,022,508.20[15] Costs and Expenses - The total operating costs for the third quarter were CNY 881,163,025.98, compared to CNY 870,433,542.49 in the previous year, reflecting an increase of about 1.1%[12] - Financial expenses decreased by 42.65% year-over-year, mainly due to reduced interest expenses[6] - Other income increased by 176.02% year-over-year, primarily due to an increase in government subsidies[6] - Research and development expenses for the quarter were CNY 52,686,361.12, compared to CNY 51,959,657.02 in the previous year, indicating a growth of about 1.4%[12] Receivables and Inventory - Accounts receivable financing increased by 62.71% compared to the beginning of the period, mainly due to an increase in bank bills[5] - Short-term borrowings decreased by 73.42% compared to the beginning of the period, primarily due to the maturity of discounted bank bills[5] - Inventory increased to CNY 523,926,751.66 from CNY 486,975,939.76, marking a rise of approximately 7.6%[10] Shareholder Information - The company reported a total of 67,804 common shareholders at the end of the reporting period[7]