NJTC(601975)2024-10-25 08:02Financial Performance - The company's operating revenue for Q3 2024 was ¥1,480,366,116.17, a decrease of 0.73% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 reached ¥435,523,772.57, an increase of 20.90% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥360,450,609.11, reflecting a slight increase of 0.41% compared to the previous year[2] - Basic earnings per share for Q3 2024 were ¥0.0908, up 22.37% year-on-year[3] - The net profit for the year-to-date increased by 37.62%, primarily due to higher operating revenue and asset disposal gains[6] - The net profit for Q3 2024 reached CNY 1,666,814,356.66, an increase of 37.5% compared to CNY 1,212,158,782.44 in Q3 2023[18] - Operating profit for Q3 2024 was CNY 1,918,615,747.12, up 34.4% from CNY 1,426,926,736.80 in the same period last year[18] - The total comprehensive income for the third quarter was CNY 713,076,873.35, compared to CNY 633,958,763.58 in the same quarter of 2023[29] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥12,919,069,767.64, representing a 10.92% increase from the end of the previous year[3] - Total assets rose to CNY 12,919,069,767.64, compared to CNY 11,647,545,698.50 in the previous year, marking an increase of 10.94%[14] - Total liabilities decreased to CNY 2,285,124,564.28 from CNY 2,498,112,086.23, a reduction of 8.53%[15] - The company's total liabilities decreased slightly to ¥1,259,426,536.78 from ¥1,266,221,696.38, showing a reduction of about 0.5%[25] Cash Flow - The company reported a cash flow from operating activities of ¥2,083,152,778.03, an increase of 20.52% year-on-year[2] - The cash flow from operating activities for Q3 2024 was CNY 2,083,152,778.03, an increase of 20.5% from CNY 1,728,400,752.60 in Q3 2023[20] - The company's net cash flow from financing activities was negative at -¥395,731,978.19, compared to -¥85,745,585.53 in the previous year, indicating increased cash outflows[21] - The cash outflow from investing activities for the first nine months was CNY 107,092,621.38, significantly lower than CNY 651,745,629.57 in the same period of 2023[31] Shareholder Information - The total number of common shareholders at the end of the reporting period is 116,267[8] - The largest shareholder, China Changjiang Shipping Group Co., Ltd., holds 1,357,425,761 shares, accounting for 28.27% of the total shares[8] - The top ten shareholders hold a significant portion of the shares, with the top three alone accounting for over 34%[9] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[10] Non-Recurring Gains and Expenses - Non-recurring gains for the current period included a profit from the disposal of non-current assets amounting to ¥75,015,136.52[4] - The cumulative non-recurring gains for the year-to-date reached ¥284,899,552.24[4] - The financial expenses showed a significant decrease, with interest expenses at CNY 56,112,340.18 compared to CNY 77,857,968.02 in the previous year[18] - The tax expenses for Q3 2024 were CNY 253,371,502.45, an increase from CNY 219,415,638.50 in Q3 2023[18] Operational Highlights - The company plans to dispose of four old MR oil tankers to optimize its fleet structure and enhance market competitiveness[11] - The company intends to use a total of 10 million to 15 million RMB for the share buyback program[11] - The company has successfully transferred the "CSC BRAVE" for 18.95 million USD and "长航发现" for 14.28 million RMB among other vessels[11] - The company plans to focus on market expansion and new product development to enhance revenue streams in the upcoming quarters[22]