CBMT(603099)2024-10-28 09:35Revenue and Profit - Revenue for the third quarter was RMB 340.28 million, a year-on-year increase of 3.19%[2] - Net profit attributable to shareholders of the listed company was RMB 126.80 million, a year-on-year decrease of 9.04%[2] - Total operating revenue for the first three quarters of 2024 reached 594,689,079.59 RMB, a 19.56% increase compared to 497,437,781.46 RMB in the same period of 2023[13] - Net profit for the first three quarters of 2024 was 147,829,462.34 RMB, a slight decrease of 2.52% from 151,646,410.80 RMB in the same period of 2023[14] - Sales revenue from goods and services for the first three quarters of 2024 was 624,223,261.21 RMB, a 19.05% increase compared to 524,348,745.53 RMB in the same period of 2023[16] Assets and Equity - Total assets as of the end of the reporting period were RMB 1.38 billion, an increase of 12.10% compared to the end of the previous year[3] - Equity attributable to shareholders of the listed company was RMB 1.17 billion, an increase of 12.35% compared to the end of the previous year[3] - Total assets increased to 1,380,959,719.64 RMB as of September 30, 2024, compared to 1,231,937,070.42 RMB at the end of 2023[10][11] - Current assets rose to 427,415,823.52 RMB, up from 329,395,926.04 RMB at the end of 2023[10][11] - Fixed assets increased to 679,886,655.58 RMB, up from 631,642,440.42 RMB at the end of 2023[11] - Shareholders' equity attributable to the parent company rose to 1,167,506,815.39 RMB, up from 1,039,143,682.13 RMB at the end of 2023[12] - Retained earnings increased to 529,828,961.58 RMB, compared to 402,799,086.10 RMB at the end of 2023[12] - Total assets as of the end of Q3 2024 were 1,380,959,719.64 RMB, a 12.10% increase compared to 1,231,937,070.42 RMB at the end of Q3 2023[13] - Total equity attributable to shareholders as of the end of Q3 2024 was 1,167,506,142.11 RMB, a 12.35% increase compared to 1,039,143,682.13 RMB at the end of Q3 2023[13] Cash Flow - Operating cash flow for the period was RMB 228.01 million, a year-on-year decrease of 11.58%[2] - Cash and cash equivalents grew to 294,546,858.66 RMB, a significant increase from 211,001,329.22 RMB at the end of 2023[10] - Cash flow from operating activities for the first three quarters of 2024 was 640,466,347.15 RMB, a 16.09% increase compared to 551,712,075.79 RMB in the same period of 2023[16] - Cash paid to employees and for employees increased to 130,417,825.19, up from 106,736,652.13 in the previous period[17] - Taxes paid rose to 38,213,811.29, compared to 28,269,263.52 previously[17] - Other cash payments related to operating activities grew to 40,392,345.52, up from 22,863,590.87[17] - Total cash outflows from operating activities reached 412,457,946.17, compared to 293,832,700.66[17] - Net cash flow from operating activities was 228,008,400.98, down from 257,879,375.13[17] - Cash used for acquisition of fixed assets, intangible assets, and other long-term assets increased to 110,755,886.72, up from 58,396,462.95[17] - Net cash flow from investing activities was -110,755,886.72, compared to -58,362,962.95[17] - Cash used for debt repayment was 8,275,000.00, up from 7,875,000.00[17] - Cash used for dividend distribution, profit distribution, or interest payment increased to 22,985,704.80, compared to 2,825,256.10[17] - Net cash flow from financing activities was -34,106,984.82, compared to -10,700,256.10[17] Earnings and Returns - Basic earnings per share for the third quarter were RMB 0.48, a year-on-year decrease of 8.56%[2] - Weighted average return on equity (ROE) for the third quarter was 11.49%, a decrease of 2.71 percentage points year-on-year[3] - Basic earnings per share for the first three quarters of 2024 were 0.55 RMB, a 3.51% decrease compared to 0.57 RMB in the same period of 2023[15] Expenses and Costs - Total operating costs for the first three quarters of 2024 were 387,664,356.98 RMB, a 29.21% increase compared to 300,012,711.79 RMB in the same period of 2023[13] - Sales expenses for the first three quarters of 2024 were 16,571,518.74 RMB, a 24.51% increase compared to 13,309,324.75 RMB in the same period of 2023[13] - Management expenses for the first three quarters of 2024 were 42,502,511.92 RMB, a 29.13% increase compared to 32,915,954.76 RMB in the same period of 2023[13] Non-Recurring Items and Subsidies - Non-recurring gains and losses for the period amounted to a net loss of RMB 1.63 million[5] - The company received government subsidies of RMB 19,950 during the quarter[4] Shareholder Information - The largest shareholder, Jilin Changbai Mountain Development and Construction (Group) Co., Ltd., holds 59.45% of the shares[7] Accounts Receivable and Inventory - Accounts receivable increased to 55,781,602.38 RMB, up from 47,031,950.95 RMB at the end of 2023[10] - Inventory rose to 17,786,901.19 RMB, compared to 13,152,626.16 RMB at the end of 2023[10] Liabilities - Total liabilities increased to 213,453,577.53 RMB, compared to 192,793,388.29 RMB at the end of 2023[12]