Bohai Ferry (SH:603167)2024-10-24 09:17Revenue and Profit Performance - Revenue for the third quarter was RMB 646.3 million, a year-over-year increase of 1.36%[2] - Net profit attributable to shareholders of the listed company for the third quarter was RMB 152.5 million, up 1.08% year-over-year[2] - Cumulative revenue from the beginning of the year to the end of the reporting period was RMB 1.41 billion, a year-over-year increase of 3.14%[2] - Cumulative net profit attributable to shareholders of the listed company from the beginning of the year to the end of the reporting period was RMB 257.2 million, up 20.64% year-over-year[2] - Total revenue for the first three quarters of 2024 reached 1,412,957,896.72 yuan, a 3.1% increase compared to 1,369,937,876.17 yuan in the same period of 2023[14] - Net profit for the first three quarters of 2024 was 299,219,057.06 yuan, up 22.4% from 244,537,267.92 yuan in the same period of 2023[15] - Comprehensive income for the first three quarters of 2024 reached 299,219,057.06 RMB, an increase from 244,537,267.92 RMB in the same period of 2023[16] Earnings Per Share and Return on Equity - Basic earnings per share for the third quarter were RMB 0.33, a year-over-year increase of 3.13%[2] - Weighted average return on equity (ROE) for the reporting period was 4.12%, an increase of 0.05 percentage points year-over-year[2] - Basic earnings per share for the first three quarters of 2024 were 0.55 RMB, up from 0.45 RMB in 2023[16] Assets and Liabilities - Total assets at the end of the reporting period were RMB 4.46 billion, a slight decrease of 0.30% compared to the end of the previous year[3] - Equity attributable to shareholders of the listed company at the end of the reporting period was RMB 3.70 billion, down 2.86% compared to the end of the previous year[3] - Total current assets as of September 30, 2024: 684,580,145.80 RMB[11] - Total non-current assets as of September 30, 2024: 3,776,130,498.49 RMB[11] - Total assets as of September 30, 2024: 4,460,710,644.29 RMB[11] - Total liabilities increased to 573,365,870.13 yuan as of September 30, 2024, compared to 519,043,061.14 yuan at the end of 2023[12] - Equity attributable to owners of the parent company decreased to 3,697,077,030.70 yuan as of September 30, 2024, from 3,806,109,182.46 yuan at the end of 2023[13] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period: 23,959[7] - Liaoyu Group Co., Ltd. holds 117,478,475 shares, accounting for 25.04% of the total shares[7] - Liaoning Transportation Investment Co., Ltd. holds 65,680,230 shares, accounting for 14.00% of the total shares[7] - Shanghai Juming Investment Management Co., Ltd. holds 22,291,949 shares, accounting for 4.75% of the total shares[7] - Shandong High-speed Group Co., Ltd. holds 21,426,302 shares, accounting for 4.57% of the total shares[7] Operating Costs and Expenses - Total operating costs for the first three quarters of 2024 were 1,103,748,211.64 yuan, a slight increase from 1,096,714,162.55 yuan in the same period of 2023[14] - Financial expenses decreased to 6,579,526.34 yuan in the first three quarters of 2024, down 44.9% from 11,932,247.24 yuan in the same period of 2023[15] Cash Flow and Financial Activities - Net cash flow from operating activities for the first three quarters of 2024 was 260,584,770.92 RMB, slightly down from 268,819,197.96 RMB in 2023[18] - Cash received from sales of goods and services in the first three quarters of 2024 was 1,269,707,961.38 RMB, compared to 1,275,242,417.41 RMB in 2023[17] - Cash paid for goods and services in the first three quarters of 2024 was 710,407,853.50 RMB, down from 729,049,553.73 RMB in 2023[17] - Net cash flow from investing activities for the first three quarters of 2024 was 8,285,941.84 RMB, a significant decrease from 193,512,389.41 RMB in 2023[18] - Net cash flow from financing activities for the first three quarters of 2024 was -405,217,317.87 RMB, an improvement from -680,810,716.57 RMB in 2023[18] - Cash and cash equivalents at the end of the third quarter of 2024 were 136,187,671.81 RMB, compared to 114,169,251.69 RMB at the same time in 2023[18] - Cash paid for employee wages and benefits in the first three quarters of 2024 was 209,599,818.96 RMB, up from 196,069,732.92 RMB in 2023[18] - Cash received from tax refunds in the first three quarters of 2024 was 10,961,233.70 RMB, down from 18,620,592.67 RMB in 2023[17] Accounts Receivable and Inventory - Accounts receivable as of September 30, 2024: 202,308,043.12 RMB, a significant increase from 30,657,148.75 RMB at the end of 2023[11] - Inventory as of September 30, 2024: 142,975,043.44 RMB, up from 101,550,762.53 RMB at the end of 2023[11] Government Subsidies and Non-Recurring Items - Government subsidies received during the reporting period amounted to RMB 6.81 million[4] - Non-recurring gains and losses for the reporting period totaled RMB 3.42 million[5] - Other income surged to 111,838,223.04 yuan in the first three quarters of 2024, a 402.3% increase from 22,261,218.99 yuan in the same period of 2023[15] Borrowings and Contract Liabilities - Short-term borrowings increased significantly to 150,000,000.00 yuan as of September 30, 2024, compared to 30,000,000.00 yuan at the end of 2023[12] - Contract liabilities grew substantially to 22,572,527.33 yuan as of September 30, 2024, from 849,539.91 yuan at the end of 2023[12] - Deferred income increased to 188,097,533.04 yuan as of September 30, 2024, compared to 177,848,262.21 yuan at the end of 2023[12]