Financial Performance - The company's operating revenue for Q3 2024 was RMB 3,346,410,877, representing a year-on-year increase of 7.46%[3] - Net profit attributable to shareholders for the same period was RMB 195,188,365, a decrease of 28.65% compared to the previous year[3] - The basic earnings per share for Q3 2024 was RMB 0.26, down 27.78% year-on-year[3] - Total operating revenue for the nine months ended September 30, 2024, was RMB 8,694,498,588, a decrease of 13.3% compared to RMB 10,029,322,250 in the same period of 2023[12] - Net profit attributable to shareholders of the parent company was RMB 572,937,218, down 34.8% from RMB 880,590,578 in the previous year[12] - The company’s total profit for the nine months was RMB 557,860,078, down from RMB 892,430,451 in the same period of 2023, indicating a decline of 37.4%[12] Assets and Liabilities - The total assets as of September 30, 2024, reached RMB 30,624,524,627, reflecting a growth of 5.09% from the end of the previous year[3] - The total current assets as of September 30, 2024, amounted to RMB 14,863,461,018, an increase from RMB 14,556,294,870 as of December 31, 2023, reflecting a growth of approximately 2.1%[10] - The total liabilities increased to RMB 15,810,084,598 as of September 30, 2024, compared to RMB 14,744,846,456 at the end of 2023, indicating a rise of approximately 7.2%[11] - The company's total equity rose to RMB 14,814,440,030 from RMB 14,397,497,437, marking an increase of about 2.9%[11] - The total non-current assets amounted to RMB 15,761,063,609, slightly down from RMB 14,586,049,023, showing a decrease of about 0.1%[10] Cash Flow - The net cash flow from operating activities for the year-to-date period was RMB 743,933,346, showing a 10.97% increase[3] - Cash flow from operating activities generated RMB 743,933,346, an increase of 10.9% compared to RMB 670,377,436 in the same period last year[14] - Cash flow from investing activities showed a net outflow of RMB 2,132,220,686, slightly improved from a net outflow of RMB 2,269,539,134 in the previous year[14] - Cash flow from financing activities resulted in a net inflow of RMB 630,989,392, down from RMB 1,483,380,887 in the same period of 2023[15] Shareholder Information - The company reported a total of 24,279 shareholders as of the end of the reporting period[6] - The top shareholder, China Huaxin Post and Telecommunication Technology Co., Ltd., holds 23.73% of the shares[6] - The company reported a total of 10 major shareholders, with the largest being China Huaxin Post and Telecommunications Technology Co., Ltd., holding 179,827,794 shares[7] Inventory and Borrowings - The inventory level increased to RMB 3,142,959,676 from RMB 2,941,352,651, which is an increase of approximately 6.8%[10] - Short-term borrowings increased significantly to RMB 2,500,259,318 from RMB 1,749,536,836, reflecting a rise of about 43%[11] - The company's long-term borrowings also increased to RMB 5,391,283,988 from RMB 4,855,183,468, indicating a growth of approximately 11%[11] Other Financial Metrics - Non-recurring gains and losses amounted to RMB 188,053,360, an increase of 28.48% year-on-year[4] - Research and development expenses remained stable at RMB 559,041,862, compared to RMB 558,709,760 in the previous year[12] - The company reported a significant increase in cash received from investment recoveries, totaling RMB 2,766,496,533, compared to RMB 1,028,509,200 in the previous year[14] - Cash and cash equivalents decreased to RMB 3,084,184,335 from RMB 3,895,836,574, representing a decline of about 20.8%[10] - The company’s cash and cash equivalents at the end of the period were RMB 3,018,750,463, down from RMB 4,125,273,115 at the end of the previous year[15] - The weighted average return on equity decreased by 0.78 percentage points to 1.70% for the quarter[3] - Accounts receivable increased to RMB 5,339,855,693 from RMB 5,197,048,639, which is an increase of approximately 2.7%[10]
长飞光纤光缆(06869) - 2024 Q3 - 季度业绩