Financial Performance - For the third quarter of 2024, the company reported total operating revenue of RMB 959,041,567.16, representing a year-over-year increase of 432.68%[6] - The net profit attributable to shareholders for the same period was RMB 3,619,306.61, reflecting a significant increase of 158.22% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 3,161,660.89, up by 148.72% year-over-year[6] - The basic earnings per share for the quarter was RMB 0.0036, showing an increase of 158.06% compared to the same period last year[6] - The company’s total revenue for the year-to-date period was RMB 1,987,514,255.44, which is an increase of 82.17% compared to the same period last year[6] - Operating profit surged by 1342.03% to CNY 19,221,377.68, attributed to the growth in futures brokerage business profits[11] - The company’s total profit rose by 1101.19% to CNY 21,756,815.18, driven by the increase in operating profit[11] - Net profit for the period reached 16,419,986.60, a significant increase of 1702.66% compared to the previous year's profit of 910,875.82[12] - Total comprehensive income amounted to 15,093,914.36, reflecting a growth of 183.66% from 5,321,106.10 in the same period last year[12] Assets and Liabilities - The total assets of the company at the end of the reporting period were RMB 11,999,868,714.45, which is an increase of 28.85% from the end of the previous year[6] - The company's total assets increased significantly, with other equity instrument investments rising by 964.36% to CNY 19,723,681.94 due to new investments made during the year[8] - Total liabilities rose to ¥10,141,312,605.70 from ¥7,465,583,838.39, marking an increase of around 36.0%[24] Cash Flow - The cash flow from operating activities for the year-to-date period reached RMB 2,436,949,452.19, marking a 206.84% increase year-over-year[6] - Cash and cash equivalents increased by 43.32% to CNY 6,937,837,585.16, primarily due to growth in customer margin deposits[8] - Cash inflow from operating activities totaled 5,163,680,068.13, a substantial increase from 1,324,416,199.06 in the prior period, reflecting a growth of about 289%[29] - Net cash flow from operating activities was 2,436,949,452.19, a turnaround from a negative cash flow of -2,280,962,072.67 in the previous period[29] Shareholder Information - The top shareholder, Jiangsu Suhao Holding Group Co., Ltd., holds 27.33% of shares, totaling 275,456,777 shares[13] - The second-largest shareholder, Hong Kong Central Clearing Limited, owns 24.78% of shares, amounting to 249,690,049 shares[13] - The company has a total of 56,500 common shareholders as of the end of the reporting period[13] Management Changes - The company appointed Mr. Chu Kai Rong as Chairman on July 4, 2024, and Mr. Zhao Wei Xiong as Executive Director on September 6, 2024[16] - Mr. Yu Hong resigned as Supervisor and Chair of the Supervisory Board effective September 6, 2024, with Mr. Huang Dong Yan appointed as the new Supervisor and Chair on the same date[17] Dividend and Tax Information - The company approved a cash dividend distribution plan during the 2023 Annual General Meeting, with dividends to be credited to shareholders' accounts on August 9, 2024[20] - The company reported a tax effect of -1,326,072.24 in other comprehensive income, a decrease of 130.07% from the previous year's income of 4,410,230.28, mainly due to currency fluctuations[12] Business Growth and Strategy - Total revenue for the period reached CNY 1,987,514,255.44, an increase of 82.17% compared to the previous year, driven by the expansion of the subsidiary Hongye Capital's business scale[10] - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming periods[27]
弘业期货(03678) - 2024 Q3 - 季度业绩