重庆百货(600729) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 decreased by 12.96% YoY to RMB 4,023,975,217.98[3] - Net profit attributable to shareholders decreased by 19.24% YoY to RMB 923,048,025.49 for the first nine months of 2024[3] - Basic earnings per share for Q3 2024 decreased by 12.73% YoY to RMB 0.48[3] - Weighted average return on equity (ROE) decreased by 5.34 percentage points YoY to 13.27% for the first nine months of 2024[3] - Operating cash flow for the first nine months of 2024 decreased by 4.96% YoY to RMB 1,523,418,139.71[3] - Total operating revenue for the first three quarters of 2024 was RMB 13,003,838,490.17, a decrease from RMB 14,777,272,690.31 in the same period of 2023[17] - Operating costs for the first three quarters of 2024 were RMB 12,307,280,708.80, down from RMB 13,889,697,890.04 in 2023[17] - Sales expenses for the first three quarters of 2024 were RMB 1,866,063,858.10, compared to RMB 1,976,873,774.16 in 2023[17] - Management expenses for the first three quarters of 2024 were RMB 623,770,608.11, a decrease from RMB 717,093,775.79 in 2023[17] - R&D expenses for the first three quarters of 2024 were RMB 11,179,641.70, down from RMB 19,841,896.68 in 2023[17] - Net profit attributable to the parent company for the first three quarters of 2024 was RMB 6,236,115,410.22, up from RMB 5,909,316,773.56 in 2023[16] - Net profit attributable to parent company shareholders was RMB 923,048,025.49, a decrease of 19.2% compared to RMB 1,142,904,145.25 in the same period last year[18] - Operating profit was RMB 1,005,413,714.21, down 20.1% from RMB 1,257,873,146.93 in the previous year[18] - Basic earnings per share were RMB 2.11, a decrease of 19.2% from RMB 2.61 in the same period last year[19] - Revenue from sales of goods and services was RMB 20,239,305,173.22, a decrease of 14.4% compared to RMB 23,639,375,540.34 in the same period last year[20] Assets and Liabilities - Total assets increased by 1.14% YoY to RMB 19,344,992,990.39[4] - Equity attributable to shareholders increased by 5.20% YoY to RMB 7,102,252,819.13[4] - Total assets as of Q3 2024 were RMB 19,344,992,990.39, slightly higher than RMB 19,126,159,093.75 at the end of 2023[15] - Total liabilities as of Q3 2024 were RMB 12,135,549,860.52, a decrease from RMB 12,263,835,685.73 at the end of 2023[16] - Fixed assets as of Q3 2024 were RMB 3,279,304,487.64, a decrease from RMB 3,448,775,883.47 at the end of 2023[15] - Short-term borrowings as of Q3 2024 were RMB 2,307,801,248.24, an increase from RMB 2,108,307,887.83 at the end of 2023[15] - Monetary funds as of September 30, 2024, amount to 4,802,906,202.06 RMB, an increase from 4,100,865,693.03 RMB at the end of 2023[14] - Accounts receivable as of September 30, 2024, amount to 305,529,968.26 RMB, up from 260,682,603.10 RMB at the end of 2023[14] - Inventory as of September 30, 2024, stands at 1,771,958,086.35 RMB, down from 2,129,293,324.81 RMB at the end of 2023[14] - Long-term equity investments as of September 30, 2024, total 3,940,213,598.65 RMB, up from 3,563,700,592.22 RMB at the end of 2023[14] - Total current assets as of September 30, 2024, amount to 7,655,593,758.61 RMB, slightly up from 7,498,183,662.23 RMB at the end of 2023[14] Cash Flow - Cash flow from operating activities was RMB 1,523,418,139.71, a decrease of 4.9% compared to RMB 1,602,893,854.12 in the previous year[20] - Cash flow from investing activities was negative RMB 490,391,058.94, an improvement from negative RMB 1,276,026,605.41 in the same period last year[21] - Cash flow from financing activities was negative RMB 880,128,713.00, compared to negative RMB 16,490,626.71 in the previous year[21] - Total cash and cash equivalents at the end of the period were RMB 1,622,127,693.19, an increase of 1.4% from RMB 1,598,956,990.91 at the end of the previous year[22] - Cash paid for goods and services was RMB 16,546,135,470.62, a decrease of 14.6% from RMB 19,380,261,977.31 in the previous year[20] - Cash paid to employees was RMB 1,018,191,099.66, a decrease of 15.5% compared to RMB 1,204,566,195.21 in the same period last year[21] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 16,945[10] - Chongqing Yufu Capital Operation Group Co., Ltd. holds 111,540,705 shares, representing 25.32% of total shares[10] - Tianjin Binhai New Area Wumei Jinrong Trading Co., Ltd. holds 111,540,705 shares, representing 25.32% of total shares[10] - Shenzhen Jiajing Smart Retail Co., Ltd. holds 24,786,823 shares, representing 5.63% of total shares[10] - Hong Kong Securities Clearing Company Ltd. holds 12,876,659 shares, representing 2.92% of total shares[10] Operational Challenges - The company faced operational pressure due to record high temperatures and power restrictions in Chongqing during July-September 2024[7] Non-Recurring Items - Non-recurring gains and losses for Q3 2024 amounted to RMB 15,305,174.24[8] Corporate Actions - The company completed the absorption of Chongqing Commercial Group, leading to adjustments in financial data for previous periods[5][6]