Citic Press(300788)2024-10-29 11:25Financial Performance - Total revenue for Q3 2024 was ¥400,902,934.17, a decrease of 2.93% compared to the same period last year[2] - Net profit attributable to shareholders was ¥37,246,952.14, an increase of 5.11% year-on-year[2] - Profit before tax reached ¥44,812,891.25, reflecting a significant increase of 25.25% compared to the previous year[2] - Net profit after deducting non-recurring gains and losses was ¥43,619,259.19, a substantial increase of 48.98% year-on-year[2] - Net profit for Q3 2024 reached CNY 129,160,360.55, a significant increase from a net loss of CNY 90,234.91 in the previous year[11] Assets and Liabilities - The company's total assets decreased by 2.11% to ¥3,267,184,123.34 compared to the end of the previous year[2] - The company's total assets decreased to CNY 3,267,184,123.34 from CNY 3,337,476,742.68, reflecting a decline of approximately 2.1%[9] - Total liabilities decreased to CNY 1,074,133,225.60, down from CNY 1,242,917,616.81, indicating a reduction of about 13.6%[9] - The total current assets at the end of the reporting period amount to 2,658,552,310.64 RMB, a decrease from 2,695,704,594.70 RMB at the beginning of the period[7] Cash Flow - Cash flow from operating activities showed a significant decline of 71.02%, totaling ¥22,618,052.09[5] - Cash flow from operating activities generated a net amount of CNY 22,618,052.09, down from CNY 78,041,590.67 in the previous period[13] - The total cash outflow from operating activities was CNY 1,240,559,127.80, down from CNY 1,285,669,076.21 year-over-year[13] - The company reported a decrease in cash inflow from sales of goods and services, totaling CNY 1,220,192,336.45 compared to CNY 1,326,945,971.06 in the previous period[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 18,337, with the top ten shareholders holding a significant portion of the shares[6] - China CITIC Limited holds 62.70% of the shares, amounting to 119,225,000 shares, while CITIC Investment Holdings Limited holds 10.80% with 20,536,364 shares[6] - There are no indications of related party transactions or concerted actions among the top shareholders beyond the ownership structure disclosed[6] Investment and Development - Investment income showed a drastic decline of 517.43%, resulting in a loss of ¥6,879,029.08 due to the exclusion of a subsidiary from consolidation[5] - The company’s development expenditure increased by 75.10% to ¥17,071,282.37, indicating a focus on R&D[5] - Research and development expenses for Q3 2024 were CNY 7,838,736.61, slightly down from CNY 8,052,252.89 in the previous year[10] Earnings and Returns - The weighted average return on equity was 1.73%, a slight increase of 0.05% from the previous year[2] - Basic and diluted earnings per share increased to CNY 0.68 from CNY 0.66 year-over-year[12] Comprehensive Income - The total comprehensive income for the period was CNY 129,160,360.55, compared to CNY 130,249,073.18 in the previous period, reflecting a slight decrease[12]