汉缆股份(002498) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,210,443,861.85, a decrease of 22.97% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥199,321,428.45, down 29.27% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥177,813,005.52, a decline of 33.58% compared to the previous year[3]. - The net profit for Q3 2024 was CNY 570,695,174.55, a decrease of 18.4% compared to CNY 699,798,017.60 in Q3 2023[16]. - The total profit for Q3 2024 was CNY 654,642,104.32, down from CNY 854,939,940.26 in the same period last year, reflecting a decline of 23.4%[16]. - The basic and diluted earnings per share for Q3 2024 were both CNY 0.1748, compared to CNY 0.2122 in Q3 2023, indicating a decrease of 17.6%[17]. - The company reported a decrease in sales revenue from CNY 7,053,403,125.20 in Q3 2023 to CNY 6,592,718,671.33 in Q3 2024, a decline of 6.5%[18]. - The total comprehensive income for Q3 2024 was CNY 569,561,658.38, down from CNY 671,338,048.35 in Q3 2023, reflecting a decrease of 15.1%[16]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥12,438,491,663.31, an increase of 19.42% from the end of the previous year[3]. - The company's total equity increased to CNY 8,159,779,640.61 from CNY 7,807,397,656.87, reflecting improved financial health[14]. - Current liabilities rose significantly to CNY 4,147,080,652.43 from CNY 2,467,482,984.86, primarily due to an increase in short-term borrowings[14]. - The company's total liabilities increased significantly, with short-term borrowings rising by 176.13% to ¥2,635,827,170.27, primarily due to increased loans[6]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥172,254,605.98, a significant decline of 174.14% compared to the previous year[3]. - Cash flow from operating activities for Q3 2024 was negative at CNY -172,254,605.98, compared to a positive CNY 232,323,530.12 in Q3 2023[18]. - Cash flow from investing activities showed a net outflow of CNY -1,350,363,940.75 in Q3 2024, compared to a net inflow of CNY 323,993,483.03 in Q3 2023[19]. - Cash flow from financing activities resulted in a net inflow of CNY 1,169,261,633.83 in Q3 2024, contrasting with a net outflow of CNY -268,007,267.90 in Q3 2023[19]. Investments and Income - The company reported a 488.59% increase in trading financial assets, totaling ¥1,484,899,347.49, primarily due to increased structured deposits[6]. - The company’s investment income increased by 35.52% to ¥95,739,172.48, attributed to higher equity method investment returns[6]. - Investment income rose to CNY 95,739,172.48 from CNY 70,647,673.12, indicating better performance in investment activities[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 97,608[8]. - Qingdao Hanhe Group Co., Ltd. holds 66.56% of the shares, totaling 2,214,408,016 shares[9]. - The total number of preferred shareholders with restored voting rights is not applicable[10]. - The company has not disclosed any significant changes in shareholder relationships or actions among the top ten shareholders[9]. - There are no applicable changes in the lending or borrowing of shares among the top ten shareholders[9]. Costs and Expenses - Total operating costs amounted to CNY 6,148,638,974.73, down from CNY 6,476,277,030.54, reflecting a cost reduction strategy[15]. - Research and development expenses were CNY 388,212,011.41, slightly decreased from CNY 401,721,889.00, indicating continued investment in innovation[15]. - The company reported a decrease in tax expenses to CNY 19,401,181.81 from CNY 24,235,806.77, contributing to higher net profits[15]. Other Financial Metrics - The weighted average return on equity was 2.46%, down 1.26% year-on-year[3]. - The company experienced a 295.32% rise in credit impairment losses, amounting to ¥50,442,656.71, due to optimization of accounts receivable aging structure[7]. - The company incurred credit impairment losses of CNY 50,442,656.71 in Q3 2024, compared to CNY 12,759,819.06 in Q3 2023, indicating a significant increase[16].