航天电器(002025) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,073,401,041.07, a decrease of 32.17% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was ¥26,668,519.85, down 84.08% year-on-year[2]. - The basic earnings per share decreased by 83.78% to ¥0.06[2]. - The total profit for the period was ¥500,829,888.17, down 32.48% year-on-year[9]. - The net profit for Q3 2024 is CNY 466,691,044.12, a decrease of 30.67% compared to CNY 672,641,702.95 in Q3 2023[21]. - Operating profit for Q3 2024 is CNY 499,529,520.55, down 32.7% from CNY 742,099,957.18 in the same period last year[21]. - The company experienced a decrease in total profit to CNY 500,829,888.17 in Q3 2024, compared to CNY 741,716,888.62 in Q3 2023[21]. Assets and Liabilities - Total assets increased by 5.82% to ¥11,796,998,392.94 compared to the end of the previous year[2]. - Total assets reached CNY 11,796,998,392.94, an increase from CNY 11,147,663,498.68, indicating a growth of 5.8%[17]. - Total liabilities increased to CNY 4,184,399,536.09 from CNY 3,866,448,308.78, marking a rise of 8.2%[17]. - The equity attributable to shareholders rose to CNY 6,547,933,548.52 from CNY 6,283,491,749.90, reflecting an increase of 4.2%[17]. Cash Flow - The company's cash flow from operating activities showed a significant negative net amount of -¥476,830,457.14, a decrease of 2,637.26%[2]. - The net cash flow from operating activities for the reporting period was -476,830,457.14 RMB, a decrease of 2,637.26% compared to -17,420,014.59 RMB in the same period last year[10]. - The net cash flow from financing activities was -159,592,549.70 RMB, a decrease of 566.82% compared to 34,187,357.54 RMB in the same period last year[10]. - The cash inflow from operating activities totaled CNY 3,785,786,503.45 in Q3 2024, compared to CNY 3,936,822,826.89 in Q3 2023[21]. - Cash and cash equivalents at the end of Q3 2024 amount to CNY 2,517,240,222.76, down from CNY 3,364,220,550.91 at the beginning of the period[22]. Inventory and Accounts Receivable - The company's inventory balance increased by 69.08% to ¥1,796,686,296.53, attributed to increased production material reserves[6]. - Accounts receivable increased to CNY 4,843,980,517.37 from CNY 3,131,384,516.45, reflecting a growth of 54.7%[15]. - Inventory rose to CNY 1,796,686,296.53, up 69.0% from CNY 1,062,616,248.66[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,920[11]. - The largest shareholder, Aerospace Jiangnan Group Co., Ltd., holds 37.25% of the shares, totaling 170,164,760 shares[11]. - The second-largest shareholder, Guizhou Meiling Power Co., Ltd., holds 3.61% of the shares, totaling 16,504,995 shares[11]. - The company implemented a restricted stock incentive plan in May 2023, granting 4,208,000 shares to 244 eligible participants[10]. Other Income and Expenses - Other income increased by 97.97% to ¥51,812,124.02, primarily from government subsidies[8]. - The company's net profit margin for the period was impacted by increased R&D expenses, which totaled CNY 519,666,913.52, up 14.1% from CNY 455,319,702.38[18]. - The company reported a financial expense of CNY -8,161,088.20, an improvement compared to CNY -15,765,287.93 in the previous year[18]. Market and Sales Performance - The company's product sales revenue decreased compared to the same period last year, leading to a decline in operating profit and net profit[10]. - Total revenue for the third quarter was CNY 3,994,746,942.63, a decrease of 23.1% compared to CNY 5,202,912,875.14 in the same period last year[18]. - Total operating costs amounted to CNY 3,334,349,820.98, down 23.1% from CNY 4,333,303,886.46 year-over-year[18]. - Total revenue from sales of goods and services for Q3 2024 is CNY 3,606,144,881.45, a decline from CNY 3,821,520,524.70 in Q3 2023[20]. - The company is experiencing a continuous increase in small-batch, multi-variety orders, which has led to increased material reserve payments[10]. - The cash collection from customers was lower than the same period last year due to fluctuations in traditional supporting market demand and changes in customer payment settlement methods[10]. - The company has not disclosed any new product developments or market expansion strategies in the current report[10].