AECC AERO-ENGINE CONTROL (000738) Q3 2024 earnings summary

Executive summary

• Revenue for Q3 2024 reached ¥1.40 billion, up 2.79% year-over-year; YTD revenue was ¥4.21 billion, up 2.67% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥159 million, up 8.61% year-over-year; YTD net profit was ¥629 million, up 5.48% year-over-year.

• Basic and diluted EPS for Q3 were ¥0.1210, up 8.61% year-over-year; YTD EPS was ¥0.4782, up 5.49% year-over-year.

Financial highlights

• Operating cash flow for Q3 was -¥83.4 million, a decrease of 143.23% year-over-year; YTD operating cash flow was ¥611 million, up 6.43% year-over-year.

• Non-recurring gains for Q3 totaled ¥5.33 million, mainly from government subsidies and asset disposals; YTD non-recurring gains were ¥17.57 million.

• Total assets at Q3-end were ¥16.34 billion, up 3.55% from the previous year-end; equity attributable to shareholders was ¥12.24 billion, up 3.56%.

Key financial ratios and metrics

• Weighted average ROE for Q3 was 1.31%, up 0.05 percentage points year-over-year; YTD ROE was 5.22%, up 0.01 percentage points.

• Gross margin and operating margin details not explicitly disclosed.