凤凰航运(000520) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥258,384,250.49, a decrease of 0.13% compared to the same period last year[3] - The net profit attributable to shareholders was -¥7,170,909.33, representing a decline of 12.92% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥13,366,746.62, an increase of 39.28% compared to the previous year[3] - The company's basic earnings per share for Q3 2024 was -¥0.0071, a decrease of 12.92% compared to the same period last year[3] - The weighted average return on equity was -1.34%, a decrease of 11.54% year-over-year[3] - Net profit for the period was a loss of ¥22,082,884.10, compared to a loss of ¥16,594,831.23 in the previous period, indicating a deterioration in performance[15] - The company reported a basic and diluted earnings per share of -0.0218, compared to -0.0164 in the previous period[16] - The total comprehensive income for the period was a loss of ¥22,389,314.58, compared to a loss of ¥15,986,967.29 in the previous period[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥722,141,212.66, down 2.70% from the end of the previous year[3] - The total assets of Phoenix Shipping (Wuhan) Co., Ltd. as of September 30, 2024, amounted to RMB 722,141,212.66, a decrease from RMB 742,215,348.96 at the beginning of the period[12] - Current assets totaled RMB 233,501,749.96, slightly down from RMB 236,276,076.55 at the beginning of the period[12] - Total liabilities amounted to RMB 166,974,994.27, reflecting a decrease from the previous period[12] - The total liabilities amounted to ¥199,839,881.68, compared to ¥197,898,984.43 in the previous period, showing a slight increase[15] - The total equity attributable to shareholders of the parent company was ¥522,301,330.98, down from ¥544,316,364.53[15] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥32,956,667.80, an increase of 182.63% year-over-year[3] - Cash flow from operating activities was ¥841,710,308.21, slightly up from ¥832,895,763.01 in the previous period[17] - The net cash flow from operating activities for Q3 2024 was ¥32,956,667.80, a significant improvement compared to a net outflow of ¥39,885,672.99 in the same period last year[18] - Total cash outflow from operating activities amounted to ¥808,753,640.41, down from ¥872,781,436.00 year-over-year[18] - The ending cash and cash equivalents balance for Q3 2024 was ¥91,622,862.75, down from ¥114,478,984.41 at the end of Q3 2023[18] - The company reported a total cash outflow of ¥27,909,742.07 from financing activities, compared to ¥51,113,536.40 in the same quarter last year[18] - The cash paid to employees and for employee benefits was ¥20,802,867.10, compared to ¥41,544,112.39 in Q3 2023, reflecting a reduction in labor costs[18] - The cash paid for various taxes was ¥3,938,710.44, down from ¥8,052,706.99 year-over-year, indicating improved tax management[18] Operational Changes - The company's short-term borrowings decreased by 100% as all due bank loans were repaid during the reporting period[6] - The company's contract liabilities increased by 938.00% to ¥32,521,061.18 due to the expansion of logistics business[6] - The company reported a significant increase in prepayments, rising to RMB 31,625,058.83 from RMB 15,822,912.35, representing a growth of approximately 99.5%[11] - The company has experienced changes in its management, including the resignation of key executives and the appointment of new ones throughout 2024[10] Government Support - The company received government subsidies amounting to ¥6,729,398.61 during the reporting period, contributing to its non-recurring gains[4] - The company has received government subsidies as of August 2, 2024, indicating support for its operations[10] Investment Activities - The net cash flow from investing activities was -¥5,501,439.46, compared to -¥1,171,284.74 in Q3 2023, indicating increased investment outflows[18] - The cash flow from investment activities showed a significant increase in cash paid for fixed assets, totaling ¥2,240,286.80 compared to ¥1,159,784.74 in the previous year[18] Audit Status - The company did not undergo an audit for the Q3 report, which may affect investor confidence in the reported figures[19]