中山公用(000685) - 2024 Q3 - 季度财报

Financial Performance - Revenue for the third quarter was CNY 1,178,576,924.40, a decrease of 2.77% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 466,603,953.39, an increase of 82.29% year-over-year[3] - Net profit excluding non-recurring items reached CNY 336,406,690.79, up 47.74% from the previous year[3] - Basic earnings per share were CNY 0.32, reflecting an increase of 88.24% compared to the same period last year[3] - Total operating revenue for Q3 2024 reached ¥3,286,401,855.09, an increase of 7.14% compared to ¥3,067,915,720.77 in Q3 2023[20] - Net profit attributable to shareholders for Q3 2024 was ¥715,396,746.14, compared to ¥651,633,342.49 in Q3 2023, reflecting a growth of 9.77%[20] - The total operating profit for Q3 2024 was approximately CNY 939.82 million, an increase from CNY 896.03 million in the same period last year, representing a growth of about 4.3%[21] - The net profit for Q3 2024 reached approximately CNY 1.03 billion, compared to CNY 837.68 million in Q3 2023, marking an increase of around 23.2%[21] - The total comprehensive income for Q3 2024 was approximately CNY 1.12 billion, up from CNY 889.87 million in the previous year, reflecting a growth of about 25.7%[22] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.70, compared to CNY 0.56 in Q3 2023, indicating an increase of 25%[22] Assets and Liabilities - Total assets at the end of the period amounted to CNY 30,470,381,877.18, representing a growth of 5.04% year-over-year[4] - Total assets reached ¥30,470,381,877.18, up 5.03% from ¥29,006,980,559.53[18] - Total liabilities increased to ¥13,004,715,767.38, compared to ¥12,352,040,621.25, marking a rise of 5.29%[18] - Non-current assets totaled ¥25,801,395,565.07, an increase of 5.73% from ¥24,405,375,949.66[17] Shareholder Information - Shareholders' equity increased to CNY 17,179,723,357.45, a rise of 4.90% compared to the end of the previous year[4] - The total number of ordinary shareholders at the end of the reporting period was 36,308, with the largest shareholder holding 48.73% of the shares[9] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 412,818,176.62, a significant decline of 319.29% year-over-year[3] - The net cash flow from operating activities decreased by 319.29%, amounting to -412,818,176.62 RMB compared to 188,253,915.13 RMB in the previous period[10] - Cash flow from financing activities decreased by 51.48%, totaling 300,829,902.31 RMB compared to 620,072,829.18 RMB in the previous period[10] - Cash flow from financing activities generated a net inflow of approximately CNY 300.83 million, down from CNY 620.07 million in the previous year[24] - The total cash and cash equivalents at the end of the period were 1,493,428,788.45 RMB, down from 2,167,722,669.91 RMB at the beginning of the period[16] - The total cash and cash equivalents at the end of Q3 2024 were approximately CNY 1.35 billion, a decrease from CNY 2.04 billion at the end of Q3 2023[25] Expenses - Research and development expenses decreased by 34.45%, totaling 50,508,401.92 RMB, down from 77,057,656.29 RMB in the previous period[10] - The company reported a decrease in research and development expenses to ¥50,508,401.92 from ¥77,057,656.29, a decline of 34.38%[20] Other Financial Metrics - The company reported a significant increase in contract assets, which rose by 37.02% to CNY 1,096,067,402.72[7] - Long-term borrowings increased by 34.21% to CNY 4,222,296,569.91, driven by project financing needs[7] - The company issued new bonds totaling CNY 2 billion, leading to a 200.01% increase in payable bonds to CNY 2,998,938,815.51[7] - The company reported a significant increase in non-operating income, which rose by 5894.82% to 148,881,141.88 RMB from 2,483,498.17 RMB in the previous period[10] - The company experienced a 784.99% increase in credit impairment losses, amounting to -48,095,191.31 RMB compared to -5,434,536.42 RMB in the previous period[10] - The company reported a decrease in asset impairment losses by 38.44%, amounting to -1,265,963.16 RMB compared to -914,425.67 RMB in the previous period[10] Accounting Standards - The company has adopted new accounting standards effective from January 1, 2024, which will not impact the consolidated and parent company financial statements[25] Audit Status - The third quarter report of Zhongshan Public Utility Group Co., Ltd. is unaudited[26]