茂业商业(600828) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥552,007,782.52, a decrease of 18.03% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥1,781,936.98, representing a year-on-year increase of 16.62%[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,990,830.55, an increase of 6.32% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.0010, a decrease of 17.32% compared to the same period last year[3] - The net profit attributable to shareholders for the first nine months of 2024 decreased by 17.31% year-on-year, primarily due to the impact of land demolition compensation totaling ¥416 million[4] - Excluding the impact of the aforementioned demolition compensation, the net profit for the first nine months of 2024 would have increased by 21.15% year-on-year[4] - Total operating revenue for the first three quarters of 2024 was CNY 2,125,841,260.06, a decrease of 12.8% compared to CNY 2,436,622,959.32 in the same period of 2023[16] - Net profit for the first three quarters of 2024 was CNY 156,966,367.37, a decline of 14.8% from CNY 184,427,940.90 in the same period of 2023[17] - Earnings per share for the first three quarters of 2024 were CNY 0.0888, compared to CNY 0.1074 in the same period of 2023[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥18,946,229,649.36, a decrease of 4.64% from the end of the previous year[3] - As of September 30, 2024, the total assets of Maoye Commercial Co., Ltd. amounted to RMB 18,946,229,649.36, a decrease from RMB 19,868,001,376.89 as of December 31, 2023, representing a decline of approximately 4.6%[13] - The company's current assets totaled RMB 1,971,466,283.28, down from RMB 2,383,135,269.56, indicating a decrease of about 17.2%[12] - The total liabilities decreased from RMB 6,104,227,294.88 to RMB 4,868,484,833.70, a decline of approximately 20.2%[13] - Total liabilities amounted to CNY 11,283,051,769.87, a decrease from CNY 12,332,331,758.88 in the previous year[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,229[7] - The largest shareholder, Shenzhen Maoye Commercial Co., Ltd., holds 1,401,135,188 shares, accounting for 80.90% of total shares[7] - The second largest shareholder, Shenzhen De Mao Investment Enterprise (Limited Partnership), holds 45,232,397 shares, accounting for 2.61%[7] - The third largest shareholder, Baotou Maoye Dongzheng Real Estate Development Co., Ltd., holds 32,925,460 shares, accounting for 1.90%[7] - The company has no changes in the number of shares lent or returned due to margin trading among the top 10 shareholders[9] - The company has no related party transactions with shareholders other than the largest shareholder and its associated entities[8] Cash Flow and Financing Activities - Cash flow from operating activities was CNY 4,318,367,165.52, a decrease from CNY 5,142,744,026.42 in the previous year[19] - The net cash flow from operating activities was CNY 796,373,503.57, an increase of 18.9% compared to CNY 669,783,056.59 in the previous year[20] - Cash inflow from financing activities was CNY 1,999,664,368.79, an increase of 53.6% from CNY 1,301,000,000.00 year-over-year[21] - The net cash flow from financing activities was CNY -1,008,702,386.48, compared to CNY -957,441,290.49 in the previous year[21] Operational Costs and Expenses - Total operating costs for the first three quarters of 2024 were CNY 1,952,726,933.39, down 11.5% from CNY 2,206,835,397.78 in 2023[16] - The company reported a decrease in sales expenses to CNY 689,008,281.12 from CNY 719,105,984.36 in the previous year[17] - Financial expenses decreased to CNY 253,235,411.05 from CNY 271,914,287.09 year-over-year[17] Non-Recurring Gains and Losses - Non-recurring gains and losses for the reporting period included a gain from the disposal of non-current assets amounting to ¥237,166.06[5] - The company recognized government subsidies totaling ¥173,438.69, which are closely related to its normal business operations[5] Changes in Cash and Cash Equivalents - Cash and cash equivalents decreased significantly from RMB 430,332,586.49 to RMB 185,883,582.80, a reduction of approximately 56.7%[11] - The cash and cash equivalents at the end of the period were CNY 162,537,862.23, down 49.3% from CNY 320,341,340.03 at the end of the previous year[21] - The total cash inflow from investment activities was CNY 84,118,787.84, a decrease of 73.3% compared to CNY 314,976,934.63 in the previous year[20] - The net cash flow from investment activities was CNY -34,897,804.51, compared to CNY 187,467,579.73 in the previous year[20]