CGS(601881)2024-10-30 08:37Financial Performance - Operating revenue for Q3 2024 reached ¥9,999,961,183.41, an increase of 23.92% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥2,575,838,624.68, reflecting a growth of 54.79% year-on-year[3] - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥2,535,302,426.73, up by 49.61% from the previous year[3] - Total operating revenue for the first three quarters of 2024 reached ¥27.09 billion, an increase of 6.29% compared to ¥25.48 billion in the same period of 2023[19] - Net profit attributable to shareholders of the parent company was ¥6.96 billion, up 5.46% from ¥6.60 billion in the previous year[20] - Other comprehensive income after tax attributable to shareholders of the parent company was ¥2.86 billion, compared to ¥1.28 billion in the previous year, an increase of 123.83%[20] - Total comprehensive income for the first three quarters of 2024 was ¥8,951,401,690.42, up from ¥7,115,438,154.85 in the same period of 2023[26] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥747,918,275,097.78, representing a 12.77% increase from the end of the previous year[3] - The company's total liabilities increased to ¥611.22 billion, compared to ¥532.71 billion in the same period last year, reflecting a growth of 14.73%[18] - The company's total assets reached ¥747.92 billion, up from ¥663.21 billion, marking an increase of 12.76%[18] - The company's total liabilities decreased to ¥481.99 billion as of September 30, 2024, down from ¥493.73 billion at the end of 2023, indicating a reduction of approximately 2.4%[23] Cash Flow - Cash flow from operating activities for the year-to-date was ¥58,056,098,739.59, with no comparative data available for the current quarter[3] - Operating cash flow net amount reached CNY 58,056,098,739.59, a significant improvement compared to a negative CNY 28,167,717,136.12 in the same period last year[9] - In the first three quarters of 2024, the net cash flow from operating activities reached ¥58.06 billion, a significant improvement compared to a net outflow of ¥28.17 billion in the same period of 2023[21] - The total cash inflow from operating activities was ¥118.68 billion, up from ¥66.58 billion year-on-year, indicating a growth of approximately 78.3%[21] - The net cash flow from financing activities was negative at ¥20.43 billion, contrasting with a positive cash flow of ¥2.09 billion in the same period of 2023[22] Income and Expenses - The basic earnings per share for Q3 2024 was ¥0.20, an increase of 33.33% year-on-year[3] - The total operating expenses for the first three quarters of 2024 were ¥19.69 billion, an increase of 5.41% from ¥18.68 billion in the same period of 2023[19] - Net interest income decreased by 20.91% to CNY 2,625,915,516.96 due to reduced interest income from credit and fixed income businesses[8] - Net commission and fee income fell by 9.58% to CNY 4,447,275,739.80 primarily due to a decrease in securities brokerage fees[8] - The company's total operating expense of ¥6,044,078,377.52 for the first three quarters of 2024, an increase from ¥5,668,406,594.14 in 2023[25] Regulatory and Compliance - The company received an administrative measure from the Shenzhen Securities Regulatory Bureau, suspending the registration of new private asset management products for three months due to compliance issues[15] - The company is committed to comprehensive rectification in response to regulatory requirements, aiming to enhance internal control mechanisms and improve management practices[16] - The company reported that the impact of the suspension of private asset management product registration on consolidated revenue and profit is minimal[16] Investment and Trading - Investment income and fair value changes increased by 49.89% to CNY 8,739,383,143.26 driven by growth in investment trading performance[8] - The company reported a significant increase in fair value gains to ¥7.08 billion, compared to ¥3.84 billion in the previous year, reflecting a growth of 84.83%[19] - The company’s trading financial assets increased to CNY 250.30 billion from CNY 206.18 billion, reflecting a rise of approximately 21.41%[17]