BURTC(600861)2024-10-28 09:35Financial Performance - The company's operating revenue for Q3 2024 reached ¥11,312,633,930.84, representing an 18.39% increase year-over-year[1] - Net profit attributable to shareholders for the same period was ¥207,492,697.06, reflecting a significant growth of 52.30% compared to the previous year[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥125,682,001.81, which is a 33.00% increase year-over-year[1] - Basic earnings per share for Q3 2024 were ¥0.3665, up 52.26% from the previous year[3] - The company achieved a net profit attributable to the parent company of CNY 651.81 million, with a performance commitment completion rate of 109.74%[9] - Net profit attributable to shareholders increased to CNY 3,599,032,641.41, compared to CNY 3,231,670,129.69 in the previous year, marking a growth of 11.37%[11] - Net profit attributable to shareholders of the parent company reached CNY 641.36 million, up from CNY 347.15 million in the same period last year, marking an increase of 84.6%[15] Cash Flow and Liquidity - The net cash flow from operating activities for Q3 2024 was ¥326,725,573.20, showing a substantial increase of 325.64% compared to the same period last year[3] - Cash flow from operating activities for the first three quarters of 2024 was CNY 35.32 billion, compared to CNY 30.97 billion in the same period of 2023, indicating an increase of 14.5%[16] - The net cash flow from operating activities was negative at CNY -32.87 million for Q3 2024, a decline from CNY 97.75 million in Q3 2023[17] - The company reported cash and cash equivalents of CNY 7.19 billion, down from CNY 7.79 billion year-over-year[9] - Total cash and cash equivalents at the end of Q3 2024 were CNY 7.16 billion, slightly down from CNY 7.32 billion at the end of Q3 2023[17] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥17,068,146,833.14, marking a 4.33% increase from the end of the previous year[3] - Total current assets increased to CNY 15.71 billion from CNY 15.11 billion year-over-year[9] - The company's total liabilities increased to CNY 9,811,322,031.36, compared to CNY 9,623,488,638.82 in the previous year, a rise of 1.95%[11] - Long-term receivables rose to CNY 22,694,751.93 from CNY 22,005,008.88, reflecting an increase of 3.14%[10] Equity and Shareholder Information - The total equity attributable to shareholders at the end of the reporting period was ¥6,381,982,765.65, which is a 6.11% increase from the previous year[3] - The total equity attributable to shareholders reached CNY 6,381,982,765.65, up from CNY 6,014,698,830.93, representing a growth of 6.12%[11] - The company reported a total of 16,043 common shareholders at the end of the reporting period[6] Government Support and Expenses - The company received government subsidies amounting to ¥124,276,562.63 during the reporting period, contributing to the net profit growth[4] - The company reported a decrease in tax expenses to CNY 202,324,036.40 from CNY 362,261,354.91, a reduction of 44.19%[13] Operating Costs and Revenue - Total operating revenue for the first three quarters of 2024 reached CNY 33,178,930,438.47, an increase of 15.96% compared to CNY 28,736,848,286.35 in the same period of 2023[13] - Total operating costs for the first three quarters of 2024 were CNY 32,547,783,730.89, up from CNY 28,383,864,716.19 in 2023, reflecting a growth of 14.67%[13] - The total operating profit for Q3 2024 was approximately CNY 1.14 billion, an increase from CNY 857.79 million in Q3 2023, representing a growth of 32.7%[14] Research and Development - Research and development expenses decreased to CNY 29,031,661.24 in 2024 from CNY 72,977,250.64 in 2023, a reduction of 60.24%[13] Market and Product Development - The company is focused on expanding its market presence and enhancing its service offerings in the human resources sector[9] - The company has not disclosed any new product or technology developments in the current report[9] - The company did not report any new product launches or significant market expansion strategies during the quarter[18] Shareholding and Transactions - There are no significant changes in the shareholding structure or related party transactions reported[8]