| 证券代码：600125 | 证券简称：铁龙物流 公告编号：2023-023 | | --- | --- | | 证券代码：163794 | 证券简称：20 铁龙 01 | 中铁铁龙集装箱物流股份有限公司 关于召开2023年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 投资者可于 2023 年 9 月 5 日(星期二)至 9 月 11 日(星期一)16:00 前登录上 证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@chinacrt.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 三、参加人员 1 会议召开时间：2023 年 9 月 12 日(星期二)上午 9:00-10:00 会议召开地点：上海证券交易所上证路演中心（http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 公司参加本次业绩说明会的人员包括公司总经理、董事会秘书、财务总监、 独立董事等公司相关人员。 四、投资者参加方式 中铁铁龙集装箱物流股份有限公司（以 ...

Financial Performance - The company's operating revenue for the first half of 2023 reached CNY 6.93 billion, an increase of 9.94% compared to CNY 6.30 billion in the same period last year[21]. - Net profit attributable to shareholders was CNY 308.63 million, reflecting a growth of 27.05% from CNY 242.92 million year-on-year[21]. - Basic earnings per share increased by 25.64% to CNY 0.245 from CNY 0.195 in the previous year[21]. - The weighted average return on net assets rose to 4.69%, up by 0.821 percentage points from 3.87% in the same period last year[21]. - The company achieved a total operating revenue of 6.93 billion RMB, representing a year-on-year increase of 9.94%[29]. - The net profit attributable to shareholders reached 320 million RMB, reflecting a year-on-year growth of 26.14%[29]. - The company’s net profit from its main subsidiary, Beijing Zhongtie Tielong Multimodal Transport Co., Ltd., was ¥13,588.84 million, contributing significantly to overall profitability[48]. - The net profit after deducting non-recurring gains and losses for the first half of 2023 is approximately ¥308.63 million, representing a year-on-year increase of 27.05% from ¥242.92 million[84]. - The total profit for the first half of 2023 was CNY 438,228,171.27, an increase of 24.6% from CNY 351,621,841.56 in the first half of 2022[98]. - The comprehensive income for the current period amounts to approximately 321.99 million, compared to 255.70 million in the same period last year, indicating an increase of approximately 25.92%[112]. Cash Flow and Investments - The net cash flow from operating activities showed a significant decline, amounting to -CNY 73.67 million, a decrease of 116.30% compared to CNY 451.94 million in the previous year[21]. - The net cash flow from investing activities also worsened to -¥69,088,793.85, a decline of 96.30% compared to -¥35,195,419.36 last year[36]. - The net cash flow from operating activities for the first half of 2023 was -73,666,087.16 RMB, a significant decline compared to 451,937,506.34 RMB in the same period of 2022[104]. - The net cash flow from financing activities was -200,587,261.40 RMB, compared to -124,071,843.16 RMB in the first half of 2022[105]. Assets and Liabilities - Total assets decreased by 1.74% to CNY 9.25 billion from CNY 9.41 billion at the end of the previous year[21]. - The total assets at the end of the reporting period amounted to ¥9,482,635.18, accounting for 0.10% of total assets[39]. - Current liabilities decreased to approximately ¥1.09 billion from ¥1.38 billion, indicating improved financial stability[89]. - Long-term borrowings were reduced by 85.71% to ¥2,000.00 million, reflecting repayment of part of the long-term debt[38]. - Total liabilities increased to ¥2,416,481,736.15 from ¥2,116,789,151.56, marking a rise of 14.2%[94]. Business Segments - The railway special container logistics business generated a gross profit margin of 59.79%, with revenue of 1.085 billion RMB, up 35.70% year-on-year[30][31]. - The railway freight and port logistics business reported a gross profit margin of 31.51%, with revenue of 809 million RMB, down 10.21% year-on-year[30][31]. - The supply chain management business achieved sales revenue of 4.938 billion RMB, an increase of 9.67% year-on-year, but gross profit decreased by 29.65%[32]. - The real estate business contributed a gross profit margin of 1.35%, with revenue of 24.64 million RMB, down 23.07% year-on-year[30][31]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 80,378[72]. - The largest shareholder, China Railway Container Transport Co., Ltd., holds 207,554,700 shares, accounting for 15.90% of total shares[74]. - The second largest shareholder, Dalian Railway Economic and Technological Development Co., Ltd., holds 184,193,104 shares, representing 14.11% of total shares[74]. - The report indicates no changes in the total number of shares or share capital structure during the reporting period[70]. Related Party Transactions - The company reported a total of 18,050.76 million RMB in related party transactions during the reporting period, with actual transactions amounting to 8,560.55 million RMB, representing 47.42% of the expected annual amount[64]. - The company engaged in related party transactions with China National Railway Group Co., Ltd. for special box transportation services, with a reported amount of 3,658.61 million RMB and an actual amount of 2,069.18 million RMB, which is 56.56% of the expected[64]. - The company provided services to related parties, with a total of 8,438.42 million RMB expected and actual transactions of 3,937.66 million RMB, accounting for 46.66% of the expected amount[64]. Risks and Challenges - The company faces risks from global economic challenges, including severe inflation in multiple countries and a slow recovery in the Chinese economy, which is impacting certain industries[49]. - The company has maintained a stable employment situation and price stability, contributing to the overall balance of international payments[49]. - The company’s logistics sector primarily serves traditional industries, indicating a need for strategic adjustments in response to industry shifts[49]. Corporate Governance - The company has experienced changes in its board of directors, with new appointments for the chairman and vice-chairman positions[52]. - The company has established a governance structure including a board of directors and various departments to manage operations effectively[130]. - The company’s financial statements for the first half of 2023 were approved by the board on August 29, 2023[132]. Accounting Policies - The financial statements are prepared based on the enterprise accounting standards and reflect the company's financial position as of June 30, 2023, and the operating results for the first half of 2023[137]. - The company follows specific accounting treatments for mergers under common control and non-common control, affecting how assets and liabilities are measured[141][144]. - The company recognizes expected credit loss provisions at each reporting date to reflect changes in credit risk since initial recognition, impacting profit or loss[176].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 3,346,741,191.32, representing an increase of 18.64% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 172,032,687.62, reflecting a growth of 38.15% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 166,678,523.37, up 43.89% from the previous year[3]. - The basic earnings per share increased to CNY 0.132, a rise of 38.95% compared to the same period last year[3]. - Operating profit for Q1 2023 was ¥238,354,898.36, up 38.4% from ¥172,161,129.20 in Q1 2022[13]. - The total comprehensive income for the first quarter of 2023 was CNY 173,208,638.70, compared to CNY 126,117,361.21 in the same period last year, representing an increase of approximately 37.4%[14]. - Basic earnings per share for the first quarter of 2023 were CNY 0.132, up from CNY 0.095 in the previous year, reflecting a growth of 39.0%[14]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,618,424,976.97, a 2.19% increase from the end of the previous year[3]. - Total assets as of March 31, 2023, amounted to ¥9,618,424,976.97, compared to ¥9,411,968,689.47 at the end of 2022[11]. - Current assets increased to ¥4,759,071,700.61 from ¥4,522,185,708.24 at the end of 2022, reflecting a growth of 5.2%[10]. - Inventory as of March 31, 2023, was ¥2,294,908,145.44, a significant increase of 46.3% from ¥1,568,666,864.44 at the end of 2022[10]. - Total liabilities as of March 31, 2023, were ¥2,750,549,292.10, slightly up from ¥2,717,963,570.60 at the end of 2022[11]. - The company reported a decrease in short-term borrowings, with long-term borrowings reduced to ¥20,000,000.00 from ¥140,000,000.00[11]. Cash Flow - The net cash flow from operating activities was negative at CNY -251,605,607.43, a decline of 239.64% year-on-year[3]. - Cash inflows from operating activities totaled CNY 3,224,804,503.56, while cash outflows amounted to CNY 3,476,410,110.99, resulting in a net cash flow from operating activities of -CNY 251,605,607.43[15][17]. - The company reported cash and cash equivalents at the end of the first quarter of 2023 amounting to CNY 1,541,785,461.02, down from CNY 1,920,954,483.43 at the beginning of the quarter[17]. - Cash outflows from investing activities were CNY 5,433,939.89, leading to a net cash flow from investing activities of -CNY 2,538,439.89[17]. - The company incurred cash outflows from financing activities totaling CNY 125,096,677.52, resulting in a net cash flow from financing activities of -CNY 125,096,677.52[17]. - The total cash outflow for employee payments was CNY 119,211,723.22, compared to CNY 107,928,695.39 in the previous year[17]. Other Financial Metrics - The company reported a significant increase in contract liabilities by 109.47%, indicating a rise in advance payments received[5]. - The company experienced a 121.95% increase in receivables financing, attributed to an increase in bank acceptance bills[5]. - The company’s financial expenses decreased by 68.43%, primarily due to a reduction in interest expenses[5]. - Research and development expenses for Q1 2023 were ¥1,054,104.76, a slight increase from ¥1,014,905.67 in Q1 2022[13]. - The company received CNY 370,197.41 in tax refunds during the first quarter of 2023[15]. - The company reported a significant increase in cash received from sales of goods and services, amounting to CNY 3,158,963,370.82[15]. Accounting Standards - The company did not execute any new accounting standards or interpretations that would affect the financial statements for the first quarter of 2023[18].

Financial Performance - In 2022, the company's operating revenue was CNY 12,002,104,929.61, a decrease of 32.93% compared to CNY 17,893,765,484.93 in 2021[19] - The net profit attributable to shareholders was CNY 337,488,448.40, showing a slight increase of 0.05% from CNY 337,309,952.61 in the previous year[19] - The net cash flow from operating activities increased by 30.93% to CNY 836,107,999.91, compared to CNY 638,605,245.78 in 2021[19] - The total assets at the end of 2022 were CNY 9,411,968,689.47, reflecting a 3.23% increase from CNY 9,117,295,115.88 at the end of 2021[19] - The net assets attributable to shareholders increased by 3.62% to CNY 6,667,317,179.73, compared to CNY 6,434,355,444.35 in 2021[19] - The basic earnings per share for 2022 was CNY 0.259, a slight increase from CNY 0.258 in 2021[20] - The weighted average return on equity decreased to 5.152% from 5.327% in the previous year[20] - The company reported a total comprehensive income of CNY 476,502,050.03 for 2022, compared to CNY 402,392,881.70 in 2021, reflecting a growth of 18.4%[183] Revenue and Profit Margins - The gross profit margin for the railway special container business was 48.68%[35] - The gross profit margin for the railway freight and port logistics business was 38.44%[35] - The gross profit margin for the supply chain management business was 11.84%[36] - The gross profit margin for the real estate business was 1.33%[36] - Revenue from the railway special container business was 1.571 billion yuan, a decrease of 11.19% year-on-year, while gross profit increased by 25.61% to 390 million yuan, with a gross margin increase of 7.27 percentage points[43] - The railway freight and port logistics business reported a total throughput of 59.505 million tons, a 1.00% increase from 58.917 million tons in the previous year, but revenue decreased by 21.27% to 1.838 billion yuan[43] Operating Costs and Expenses - The company’s operating costs decreased by 34.63% to 11.20 billion RMB[39] - Research and development expenses increased by 145.87% to 11.87 million RMB[39] - The company reported a significant decrease in total operating costs to CNY 11,463,400,085.12 from CNY 17,413,740,616.34 in the previous year, a reduction of approximately 34%[179] Investments and Assets - The company added over 5,700 special containers to its fleet, bringing the total to over 100,000 units, solidifying its market leadership[29] - The company invested a total of 7.9079 million yuan in R&D, accounting for 0.07% of total revenue, with 1.20% of R&D expenditures capitalized[53] - The company made a significant investment of 49 million in Dalian DeTai Iron Dragon Modern Agricultural Products Trading Co., accounting for 35% ownership[63] - The company invested over 260 million RMB in 2022 to purchase more than 5,700 railway special containers, emphasizing its commitment to energy-saving and environmental protection[118] Market and Strategic Initiatives - The company plans to enhance its market-oriented operational capabilities and improve its containerization and multimodal transport capabilities[72] - The logistics industry is expected to experience greater opportunities than challenges, driven by national policies and international trade agreements like RCEP[71] - The company aims to invest more in special container assets to maintain stable growth in asset scale and market effectiveness[73] - The company is focusing on building a modern logistics hub for sea-rail intermodal transport in Northeast China[74] Governance and Management - The total compensation for the board members and senior management during the reporting period amounted to 799.94 million CNY[82] - The company has established a governance structure that complies with national laws and regulations, ensuring effective internal controls[78] - The company has undergone several management changes, including the election of new supervisors and directors[94] - The management team has a diverse background with extensive experience in the railway and logistics sectors, which is expected to drive strategic initiatives[82] Environmental and Social Responsibility - The company has implemented carbon reduction measures, focusing on the development and operation of energy-efficient and low carbon emission railway special containers[119] - The company has a dedicated social responsibility report, highlighting its commitment to sustainable practices and community support[120] - A total of 71,000 RMB was invested in poverty alleviation and rural revitalization projects, benefiting 20 individuals through educational support[120] Related Party Transactions - The company reported a total of 22,580.78 million RMB in related party transactions, with an actual amount of 21,626.99 million RMB, representing 95.78% of the expected amount[127] - The company accepted services from China National Railway Group Co., Ltd. amounting to 3,884.42 million RMB, exceeding the expected amount by 125.20%[126] - The company engaged in related party transactions with Dalian Zhongtie Foreign Service International Freight Forwarding Co., Ltd. totaling 4,145.39 million RMB, which is 104.48% of the expected amount[127] Financial Ratios and Metrics - The current ratio decreased by 16.37% to 3.27 in 2022 from 3.91 in 2021[156] - The quick ratio decreased by 13.06% to 2.13 in 2022 from 2.45 in 2021[156] - The debt-to-asset ratio decreased by 0.31 percentage points to 28.88% in 2022 from 29.19% in 2021, primarily due to the repayment of part of long-term borrowings[156] - The interest coverage ratio increased by 4.25% to 11.29 in 2022 from 10.83 in 2021[156] Future Outlook - Future guidance indicates a positive outlook with expected growth in revenue and market share[82] - The company is exploring potential mergers and acquisitions to bolster its market position and operational capabilities[82] - The company plans to deepen cooperation with strategic clients in the Northeast region to enhance transportation organization capabilities[74]

| 证券代码：600125 | 证券简称：铁龙物流 公告编号：2023-009 | | --- | --- | | 证券代码：163794 | 证券简称：20 铁龙 01 | 中铁铁龙集装箱物流股份有限公司 关于召开2022年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 投资者可于 2023 年 4 月 10 日(星期一) 9:00 至 4 月 14 日(星期五)16:00 前 登录上证路演中心网站首页点击 "提问预征集"栏目或通过公司邮箱 ir@chinacrt.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 中铁铁龙集装箱物流股份有限公司（以下简称"公司"）已于2023年4月7 日发布公司2022年度报告，为便于广大投资者更全面深入地了解公司2022年度经 营成果、财务状况，公司计划于2023年4月20日上午9:00-10:00举行2022年度业绩 说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以视频结合网络互动召开，公司将针对2022年度的经营成 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,905,630,800.77, a decrease of 38.75% compared to the same period last year[5] - Net profit attributable to shareholders was ¥136,113,044.89, an increase of 13.63% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥123,565,119.30, reflecting a growth of 5.39% compared to the previous year[5] - The basic earnings per share for the quarter was ¥0.105, up 14.13% year-on-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 9,208,853,136.79, a decrease of 33.3% compared to CNY 13,816,267,073.79 in the same period of 2021[28] - Net profit for the first three quarters of 2022 was CNY 395,980,144.55, an increase of 20.0% from CNY 330,174,998.42 in the same period of 2021[30] - The company reported a basic earnings per share of CNY 0.299 for the first three quarters of 2022, compared to CNY 0.251 in 2021, indicating an increase of 19.1%[30] Assets and Liabilities - Total assets at the end of the quarter reached ¥9,576,782,373.89, representing a 5.04% increase from the end of the previous year[5] - Total current assets as of September 30, 2022, amounted to ¥4,784,604,381.62, an increase from ¥4,165,901,327.54 in the previous year[19] - Total assets as of September 30, 2022, were ¥9,576,782,373.89, an increase from ¥9,117,295,115.88 year-over-year[23] - Non-current assets totaled ¥4,792,177,992.27, down from ¥4,951,393,788.34 in the previous year[23] - Total liabilities as of the reporting date were CNY 2,829,391,456.45, up from CNY 2,661,214,347.44 in the previous year, marking an increase of 6.3%[28] - The company’s total liabilities include accounts payable of ¥557,255,103.26, down from ¥595,896,226.66 year-over-year[23] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥806,053,169.30, showing a significant increase of 67.58% compared to the previous year[5] - Operating cash inflow for Q3 2022 was approximately ¥9.54 billion, a decrease of 34.5% from ¥14.48 billion in Q3 2021[34] - Operating cash outflow for Q3 2022 totaled ¥8.73 billion, down from ¥14.00 billion in Q3 2021, indicating improved cash management[34] - Net cash flow from operating activities for Q3 2022 was ¥806.05 million, an increase of 67.5% compared to ¥480.99 million in Q3 2021[34] - Cash generated from operating activities was CNY 9,309,121,952.42 for the first three quarters of 2022, down from CNY 14,186,278,728.99 in 2021, a decrease of 34.5%[30] - The net increase in cash and cash equivalents for Q3 2022 was ¥558.20 million, significantly higher than ¥131.98 million in Q3 2021[36] - The ending balance of cash and cash equivalents for Q3 2022 reached ¥2.16 billion, up from ¥1.43 billion in Q3 2021[36] Research and Development - Research and development expenses increased by 231.71% year-on-year, indicating a strong focus on innovation[10] - Research and development expenses increased to CNY 6,787,812.80 in 2022 from CNY 2,046,278.58 in 2021, representing a growth of 231.5%[28] Shareholder Information - The company reported a total of 75,216 common shareholders at the end of the reporting period[14] - The top two shareholders, China Railway Container Transport Co., Ltd. and Dalian Railway Economic and Technological Development Co., Ltd., hold 15.90% and 14.11% of shares, respectively[14] Contract Liabilities - The company experienced a 228.99% increase in contract liabilities, reflecting a rise in advance payments for logistics services[10] - The company has a total of ¥323,470,708.43 in contract liabilities, significantly up from ¥98,323,189.24 in the previous year[23]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥6,303,222,336.02, a decrease of 30.52% compared to ¥9,072,553,887.63 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was ¥253,870,972.26, an increase of 22.09% from ¥207,942,922.65 in the previous year[21]. - The net cash flow from operating activities increased significantly by 237.89%, reaching ¥451,937,506.34 compared to ¥133,753,098.04 in the same period last year[21]. - The total assets at the end of the reporting period were ¥9,534,098,448.18, reflecting a 4.57% increase from ¥9,117,295,115.88 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 2.32%, amounting to ¥6,583,575,947.27 compared to ¥6,434,355,444.35 at the end of the previous year[21]. - Basic earnings per share for the first half of 2022 were ¥0.195, up 22.64% from ¥0.159 in the same period last year[22]. - The weighted average return on net assets increased by 0.585 percentage points to 3.869% compared to 3.284% in the previous year[22]. - The company reported a net profit after deducting non-recurring gains and losses of ¥242,921,559.09, which is a 24.13% increase from ¥195,702,080.67 in the same period last year[21]. Revenue and Profit Margins - The gross profit margin for the railway special container business was 27.40%, with a year-on-year increase of 6.66 percentage points[34]. - The gross profit margin for the railway freight and port logistics business was 20.06%, with a year-on-year increase of 6.25 percentage points[36]. - The gross profit margin for the supply chain management business was 1.23%, with a year-on-year increase of 0.49 percentage points[36]. - The gross profit margin for the real estate business was 28.67%, with a year-on-year increase of 10.56 percentage points[36]. - The gross profit margin for other businesses was -0.23%, with a year-on-year decrease of 4.06 percentage points[36]. Business Operations and Strategy - The company has optimized its supply chain management business to adapt to market changes since 2020[28]. - The company plans to enhance service levels and improve operational efficiency in its core logistics businesses[32]. - The company aims to maximize revenue and minimize costs to mitigate the impact of the pandemic on operations[32]. - The railway special container business achieved a total dispatch volume of 835,900 TEU, a 19.40% increase from 700,100 TEU in the same period last year[37]. - Revenue from the railway special container business was 800 million RMB, a decrease of 7.84% year-on-year, while gross profit was 219 million RMB, an increase of 21.73%[37]. - The total volume of the Shaba Railway reached 29.43 million tons, a 3.49% increase from 28.44 million tons in the previous year, with revenue of 902 million RMB, down 29.81%[37]. - The supply chain management business sold 3.368 million tons of bulk commodities, generating revenue of 4.503 billion RMB, a decrease of 33.92% year-on-year[38]. - The real estate business reported revenue of 32 million RMB, a significant decrease of 55.53% compared to the previous year, with gross profit down 29.60%[38]. Investments and Financial Management - The company’s research and development expenses increased by 792.67% to approximately 2.35 million RMB compared to 262,801.42 RMB in the previous year[41]. - The company’s equity investment increased by 43.25% to 162.04 million RMB compared to the previous year, primarily due to new investments in Dalian Detai Iron Dragon Modern Agricultural Products Trading Co., Ltd.[46]. - The company reported a total of 10,707.96 million yuan in actual related party transactions during the reporting period, which is 47.42% of the estimated annual amount of 22,580.78 million yuan[73]. - The company has issued corporate bonds with a total amount of CNY 750 million and an interest rate of 3.85%[92]. - The bond "20 Iron Dragon 01" has a term of 5 years, with an option for the issuer to adjust the interest rate at the end of the third year[93]. Risks and Challenges - The company faces risks from ongoing pandemic impacts, economic downturn pressures, and geopolitical events, which may affect the supply chain and railway transportation market[53]. - The company is committed to enhancing operational efficiency and achieving the "Four Guarantees" goals set by the China National Railway Group[53]. Corporate Governance and Compliance - The company has undergone changes in its board of directors and management, with several members retiring or resigning during the reporting period[56]. - The company has no significant litigation or arbitration matters during the reporting period[71]. - The company has no violations or penalties involving its directors, supervisors, senior management, or controlling shareholders during the reporting period[71]. - The financial statements were approved by the board on August 29, 2022[163]. - The financial statements are prepared based on the accounting standards issued by the Ministry of Finance, ensuring compliance with the relevant regulations[165]. Accounting Policies and Financial Reporting - The company's accounting period follows the calendar year, from January 1 to December 31[171]. - The company's operating cycle is defined as 12 months, aligning with standard business practices[172]. - The reporting currency for the company and its domestic subsidiaries is Renminbi, while foreign subsidiaries use Euro as their functional currency[173]. - The company applies specific accounting treatments for mergers and acquisitions, distinguishing between mergers under common control and those not under common control[179]. - The company recognizes transaction costs related to mergers and acquisitions in the current period's profit and loss statement[181].

2022 年第一季度报告 单位：元 币种：人民币 证券代码：600125 证券简称：铁龙物流 中铁铁龙集装箱物流股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | |----------------------------------------------|------------------|------------------|----------------------------------------| | 项目 | | 本报告期 | 本报告期比上年同期增 减变动 ...

Financial Performance - The company's operating revenue for 2021 was approximately CNY 17.89 billion, an increase of 17.98% compared to CNY 15.17 billion in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 337.31 million, a decrease of 15.80% from CNY 400.60 million in 2020[17]. - The net cash flow from operating activities increased by 71.82% to CNY 638.61 million in 2021, compared to CNY 371.66 million in 2020[17]. - The total assets of the company at the end of 2021 were CNY 9.12 billion, a decrease of 4.16% from CNY 9.51 billion at the end of 2020[17]. - The net assets attributable to shareholders increased by 3.30% to CNY 6.43 billion at the end of 2021, compared to CNY 6.23 billion at the end of 2020[17]. - The basic earnings per share for 2021 were CNY 0.258, down 15.96% from CNY 0.307 in 2020[17]. - The weighted average return on net assets for 2021 was 5.327%, a decrease of 1.241 percentage points from 6.568% in 2020[17]. - The company reported a decrease in inventory by 41.84%, with a total of 155,558.80 million CNY, reflecting a reduction in goods and real estate products[60]. - The company's net profit after deducting non-recurring gains and losses for 2021 was approximately CNY 319.36 million, a decrease of 16.35% compared to 2020[188]. Revenue Breakdown - The company achieved a revenue of 17.89 billion RMB, representing a year-on-year increase of 17.98%[40]. - The revenue from the railway special container business reached ¥1.77 billion, a year-on-year increase of 25.26%[43]. - The supply chain management business generated revenue of ¥13.56 billion, up 24.85% year-on-year, with a gross profit margin of 0.69%[47]. - The railway freight and port logistics business reported a revenue of ¥2.33 billion, a decrease of 9.83% compared to the previous year[46]. - The real estate business generated revenue of ¥159 million, down 12.82% year-on-year[47]. - The other business segment achieved revenue of ¥76 million, a decrease of 9.90% year-on-year, but with a gross profit increase of 129.59%[47]. Operational Highlights - The logistics sector achieved a throughput of 585.5 thousand tons, contributing to the overall revenue stability despite market challenges[26]. - The company launched over 3,900 special containers in 2021, increasing the total inventory to over 99,000, with a turnover rate improvement of 5.79% year-on-year[26]. - The "Chengyun Tianxia" logistics platform was officially launched, enhancing operational standardization and lifecycle management of container assets[29]. - The company initiated the Hainan Free Trade Port-Western Land-Sea New Corridor water-rail intermodal project, marking a significant expansion in logistics capabilities[26]. - The company is advancing 10 key innovation projects aimed at enhancing market competitiveness and operational efficiency[29]. Investment and R&D - The company invested in the Dalian cold chain logistics base, which commenced operations during the reporting period[34]. - The company’s research and development expenses rose by 34.15% to 4.83 million RMB[41]. - The company is investing 500 million yuan in R&D for new technologies aimed at improving logistics efficiency[93]. - Total R&D investment amounted to 1,331.57 million CNY, with a capitalized R&D ratio of 66.27%[55]. Governance and Compliance - The company has established a governance structure compliant with national laws, ensuring effective internal controls and timely information disclosure[81]. - The company maintained its cash dividend policy without changes during the reporting period, implementing the 2020 cash profit distribution plan[115]. - The internal control system was established and continuously improved, with a standard unqualified opinion from the internal control audit report[121]. - The company has a remuneration system for directors and supervisors, which is approved by the board and aligns with the actual payments made during the reporting period[100]. Market Outlook and Strategy - The company is focusing on expanding logistics and supply chain services in the post-pandemic era, particularly in the China-Europe Railway Express[75]. - The company plans to achieve revenue of 13.04 billion RMB and costs of 12.54 billion RMB in 2022[77]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of 1 billion yuan allocated for potential deals[93]. - The logistics sector is expected to grow by 8% in the upcoming year, providing a favorable environment for the company's growth initiatives[93]. Risks and Challenges - The company faces risks from ongoing pandemic impacts, inflation pressures, and debt risks affecting global economic recovery[78]. - The company has disclosed risks related to its business development in the report, advising investors to pay attention to investment risks[4]. Related Party Transactions - The actual amount of daily related party transactions reached CNY 19,781.91 million, exceeding the estimated amount by 113.83%[145]. - The company reported a total of CNY 8,526.85 million in related party transactions for labor services, which is 101.32% of the estimated amount[145]. - The company engaged in daily related party transactions with China National Railway Group, with actual amounts surpassing estimates by 125.32% for special container transportation services[145]. Shareholder Information - The company has a total of 82,028 common stock shareholders as of the end of the reporting period[164]. - The top shareholder, China Railway Container Transport Co., Ltd., holds 207,554,700 shares, representing 15.90% of the total shares[164]. - The controlling shareholder is China National Railway Group Co., Ltd., established on March 14, 2013, with a registered capital of RMB 173.95 billion[171].

Financial Performance - The company's operating revenue for Q3 2021 was ¥4,743,713,186.16, a decrease of 12.10% compared to the same period last year[6] - Net profit attributable to shareholders was ¥119,781,349.71, reflecting a year-on-year increase of 4.27%[6] - The net profit after deducting non-recurring gains and losses was ¥117,249,645.30, up by 3.66% year-on-year[6] - The company's total revenue for the first three quarters of 2021 was ¥13,816,267,073.79, down from ¥14,184,179,324.00 in the same period of 2020, showing a decline of about 2.59%[21] - The company's operating profit for the period was approximately 460.09 million, a decrease from 511.00 million in the previous period, representing a decline of about 10.0%[26] - Net profit attributable to shareholders was approximately 327.72 million, down from 374.02 million, reflecting a decrease of around 12.3%[26] - The total comprehensive income for the period was approximately 329.71 million, compared to 375.68 million, reflecting a decline of around 12.2%[29] - Basic earnings per share were reported at 0.251, down from 0.287, indicating a decrease of approximately 12.5%[29] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥9,609,223,053.39, representing a 1.01% increase from the end of the previous year[6] - The total liabilities decreased to ¥3,161,301,501.51 from ¥3,264,271,028.49, reflecting a reduction of approximately 3.16%[21] - The company's total current assets reached ¥4,662,483,035.08, slightly up from ¥4,613,389,828.52, indicating a growth of about 1.06% year-over-year[17] - The cash and cash equivalents increased to ¥1,434,898,078.45 from ¥1,301,730,562.45, marking a growth of about 10.21%[17] - The company's equity attributable to shareholders increased to ¥6,425,529,198.74 from ¥6,228,827,103.18, showing a growth of approximately 3.16%[21] - The total assets amounted to 9,513,039,758.75 RMB, with a total liability of 3,264,271,028.49 RMB, reflecting a healthy asset-to-liability ratio[39] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥480,987,157.18, showing a 19.30% increase year-on-year[6] - The net cash flow from operating activities was approximately 480.99 million, compared to 403.18 million, showing an increase of about 19.3%[32] - The company experienced a net increase in cash flow from investment activities of approximately -159.12 million, an improvement from -405.33 million in the previous period[32] - The net cash inflow from financing activities was 808,852,900.00 RMB, compared to an outflow of 189,391,261.55 RMB in the previous period, indicating a significant increase in financing[34] - The cash outflow for debt repayment was 20,000,000.00 RMB, consistent with the previous period, indicating stable debt management[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 83,126[12] - Major shareholders include China Railway Container Transport Co., Ltd. with a 15.90% stake and Dalian Railway Economic and Technological Development Co., Ltd. with a 14.11% stake[12] Research and Development - Research and development expenses increased by ¥528.66 compared to the previous year, indicating a focus on innovation[9] - Research and development expenses increased significantly to approximately 2.05 million, compared to 325.50 thousand in the previous period, marking an increase of over 530%[26] Government Subsidies - The company received government subsidies amounting to ¥15,663,350.53 during the year-to-date, which are closely related to its normal business operations[9] Other Financial Metrics - The weighted average return on equity was 1.882%, an increase of 0.64% compared to the same period last year[6] - The financial expenses, including interest expenses, rose to approximately 25.82 million, compared to 24.22 million, reflecting an increase of about 6.6%[26] - The company reported a decrease in contract liabilities from ¥594,908,902.18 to ¥186,472,335.50, a reduction of about 68.66%[21] - The company reported a total profit of approximately 461.18 million, down from 511.10 million, which is a decrease of about 9.8%[26] - The company implemented new leasing standards starting January 1, 2021, which resulted in adjustments to financial statements[42]