汉缆股份(002498) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥1,960,313,486.37, reflecting a growth of 6.94% year-on-year[10] - Net profit attributable to shareholders was ¥148,313,358.51, a decrease of 11.24% compared to the same period last year[10] - Basic earnings per share were ¥0.04, down 20.00% from the previous year[10] - The weighted average return on equity was 2.73%, a decrease of 0.69% compared to the previous year[10] - The net profit attributable to shareholders increased by 37.48% to ¥499,440,893.34 compared to ¥363,277,034.02 in the previous period, primarily due to improved product mix and increased gross profit[23] - Basic earnings per share rose by 36.36% to ¥0.15 from ¥0.11, reflecting the overall increase in net profit[23] - Total operating revenue for the period was ¥1,839,264,804.52, an increase from ¥1,761,304,276.27 in the previous period, representing a growth of approximately 4.4%[95] - Net profit for the period was ¥148,309,958.11, down from ¥167,359,224.36 in the previous period, indicating a decrease of approximately 11.4%[91] - The company reported a total profit of ¥181,980,106.13, compared to ¥196,810,526.91 in the previous period, a decline of about 7.5%[91] - Total operating revenue for the current period reached ¥4,923,494,983.79, an increase from ¥4,447,922,878.12 in the previous period, representing a growth of approximately 10.6%[102] - Net profit for the current period was ¥499,226,912.64, compared to ¥363,111,632.78 in the previous period, reflecting a year-over-year increase of about 37.5%[105] - Basic earnings per share for the current period was ¥0.15, up from ¥0.11 in the previous period, indicating a growth of approximately 36.4%[109] - Total comprehensive income for the current period amounted to ¥578,592,094.94, compared to ¥353,580,505.24 in the previous period, marking an increase of around 63.7%[109] Cash Flow - Net cash flow from operating activities was negative at ¥289,441,485.03, a significant decline of 479.53% year-on-year[10] - The cash flow from operating activities surged by 211.15% to ¥137,425,223.20, a significant recovery from a negative cash flow of -¥123,643,912.92 in the previous period, driven by increased cash receipts from sales[23] - The net cash flow from operating activities was CNY 137,425,223.20, a significant recovery from a negative cash flow of CNY -123,643,912.92 in the previous period[119] - The company reported a financial expense of -¥12,725,340.87 for the current period, compared to -¥5,165,979.67 in the previous period, which shows an increase in financial costs[105] - The company incurred financial expenses of CNY -11,724,021.36, which included interest expenses of CNY 164,037.81, a decrease from CNY 1,319,838.69 in the previous period[113] Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,127,070,173.45, an increase of 12.08% compared to the previous year[10] - The company’s long-term equity investments increased by 73.83% to ¥683,818,854.20, attributed to a ¥260 million investment in acquiring a 34.26% stake in Shanghai Hengjing Power Technology Co., Ltd.[23] - The company’s cash and cash equivalents decreased by 55.41% to ¥434,693,428.36, mainly due to the purchase of bank wealth management products[23] - The total liabilities increased to CNY 1,448,555,119.76 from CNY 1,077,671,397.64, marking a rise of approximately 34.4%[84] - The total equity attributable to shareholders reached CNY 4,883,067,663.58, up from CNY 4,529,242,958.95, indicating an increase of around 7.8%[84] - The total current liabilities reached CNY 989,644,763.31, while non-current liabilities totaled CNY 88,026,634.33[145] Shareholder Information - The largest shareholder, Qingdao Hanhe Group Co., Ltd., holds 66.56% of the shares[15] - The total number of ordinary shareholders at the end of the reporting period was 151,054[15] Government Support and Subsidies - The company received government subsidies amounting to ¥15,426,587.30 during the reporting period[10] Research and Development - Research and development expenses were ¥81,503,418.99, up from ¥55,333,199.03 in the previous period, showing an increase of around 47.3%[95] - Research and development expenses for the current period totaled ¥231,718,981.14, up from ¥178,661,224.40 in the previous period, representing a growth of about 29.7%[102] Other Comprehensive Income - Other comprehensive income increased by 196.24% to ¥119,808,103.52, driven by the rise in stock prices of invested companies and increased futures holding gains[25] - Other comprehensive income after tax for the current period was ¥79,365,182.30, compared to -¥9,531,127.54 in the previous period, indicating a significant turnaround[105] Investment Activities - The company plans to acquire a 51% stake in Qingdao Hanhe New Energy Technology Equipment Co., Ltd. using its own funds of ¥5.06 million, with procedures currently underway[26] - The company achieved a profit of 1,782.06 million CNY from futures trading during the reporting period, with a total realized profit of 7,559.54 million CNY from copper and aluminum materials[57] - Investment income for the current period was CNY 135,120,657.23, a substantial increase from CNY 27,007,356.51 in the previous period[113] Compliance and Commitments - The company has committed to maintaining independence in operations, ensuring separation from Han Cable in personnel, assets, finance, and business[46] - The company has made a commitment to avoid any business activities that may compete with Han Cable's main business[42] - The company will notify Han Cable in writing of any business opportunities that may conflict with its main business[40] - The company has a continuous commitment to avoid related party fund transactions, ensuring operational funding is sourced from its own funds or bank loans[42] - The company has not reported any related party transactions during the reporting period[45]