Financial Performance - The group's operating revenue for the third quarter of 2024 was RMB 11,755,587,031.04, a decrease of 21.52% compared to the same period last year[3]. - Net profit attributable to shareholders for the third quarter was RMB 636,399,684.97, down 52.53% year-on-year[3]. - Basic earnings per share for the third quarter were RMB 0.3076, reflecting a decline of 52.53% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2024 was RMB 43,020,585,432.70, a decrease of 15.5% compared to RMB 50,837,011,108.69 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 was RMB 4,311,124,493.65, a decline of 20.5% from RMB 5,423,157,058.16 in the previous year[16]. - Earnings per share for the first three quarters of 2024 was RMB 1.8944, down from RMB 2.5165 in the same period of 2023[18]. - The total comprehensive income for the first three quarters of 2024 was RMB 4,210,036,486.96, down from RMB 5,908,745,924.37, a decrease of 28.7%[18]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period decreased by 62.03%, totaling RMB 5,103,650,006.60[3]. - Operating cash flow for the first three quarters of 2024 was RMB 5,103,650,006.60, a decrease of 62% compared to RMB 13,442,904,588.11 in the same period of 2023[19]. - Cash inflow from operating activities totaled RMB 46,730,451,257.33, down 15% from RMB 55,166,707,917.70 year-over-year[19]. - Cash outflow from operating activities was RMB 41,626,801,250.73, slightly decreased from RMB 41,723,803,329.59 in the previous year[19]. - The net increase in cash and cash equivalents for the first three quarters of 2024 was RMB 232,901,428.16, a significant decrease from RMB 8,092,482,377.19 in the same period of 2023[21]. - The ending balance of cash and cash equivalents was RMB 31,985,093,212.30, down from RMB 33,854,625,563.83 at the end of the previous year[21]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 75,583,918,638.29, a decrease of 4.17% from the end of the previous year[3]. - Total current assets amounted to RMB 54,664,240,918.26, a decrease of 6.09% from RMB 58,455,840,882.98 on December 31, 2023[10]. - Total non-current assets increased to RMB 20,919,677,720.03 from RMB 20,413,565,309.73, representing a growth of 2.48%[11]. - Total liabilities decreased to RMB 11,190,992,282.55 from RMB 15,328,502,011.00, a reduction of 27%[12]. - Total liabilities decreased to RMB 15,626,323,551.97 from RMB 19,687,771,057.47, reflecting a reduction of 20.8%[14]. - Total equity increased to RMB 59,957,595,086.32, up from RMB 59,181,635,135.24, indicating a growth of 1.3%[14]. Shareholder Information - The total number of ordinary shareholders as of the reporting period was 309,526[6]. - The largest shareholder, China Tourism Group Co., Ltd., holds 50.30% of the shares[6]. Government Support and Other Income - The company received government subsidies amounting to RMB 16,706,918.88 during the reporting period[4]. - Other income rose significantly to RMB 93,380,555.12, compared to RMB 21,656,802.06 in the previous year, marking an increase of 331.5%[16]. Costs and Expenses - Total operating costs decreased to RMB 37,307,165,216.62, down 15.0% from RMB 43,862,113,989.89 year-over-year[15]. - The company reported a decrease in research and development expenses to RMB 8,731,353.92 from RMB 9,779,717.25, a reduction of 10.7%[15]. Investment and Financing Activities - Cash inflow from financing activities was RMB 126,610,460.64, compared to RMB 159,501,151.76 in the previous year[20]. - Cash outflow from financing activities increased to RMB 4,258,518,427.04 from RMB 3,818,841,850.58 year-over-year[20]. - The company received RMB 1,783,556,900.00 from investment recoveries during the first three quarters of 2024[20]. - The company paid RMB 3,510,014,546.10 in dividends, an increase from RMB 1,769,063,295.25 in the previous year[20]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[9].
中国中免(01880) - 2024 Q3 - 季度业绩