东百集团(600693) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥400,363,657.48, a decrease of 4.10% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2024 reached ¥15,573,409.53, an increase of 655.08% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,954,354.92, reflecting a significant increase of 3,054.48% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 1,327,927,577.44, a decrease of 5.7% compared to CNY 1,408,984,832.76 in the same period of 2023[16]. - Net profit for the first three quarters of 2024 was CNY 149,715,269.05, compared to CNY 165,852,652.81 in the same period of 2023, reflecting a decline of 9.1%[17]. - The net profit attributable to shareholders of the parent company was CNY 85,451,813.37, down from CNY 102,539,987.36, a decrease of 16.6%[17]. - Earnings per share for the period was CNY 0.0982, down from CNY 0.1179 in the previous year[17]. - Other comprehensive income after tax was CNY 29,646,271.36, compared to a loss of CNY 32,912,469.06 in the same period last year[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥14,559,247,887.65, showing a slight increase of 0.11% from the end of the previous year[4]. - The total equity attributable to shareholders at the end of the reporting period was ¥3,525,101,329.57, an increase of 1.06% from the previous year[4]. - The company's current assets decreased to RMB 3,091,277,028.09 from RMB 3,352,690,433.40, reflecting a decline of approximately 7.8%[11]. - Total liabilities amounted to CNY 10,202,798,765.42, slightly down from CNY 10,287,163,529.28[16]. - The total non-current assets increased to RMB 11,467,970,859.56 from RMB 11,189,846,839.84, reflecting a growth of approximately 2.5%[13]. - The total liabilities of the company increased to RMB 6,032,894,187.20, indicating a growing leverage position[13]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥155,982,665.36, a decrease of 62.47% compared to the same period last year[4]. - In the first three quarters of 2024, the company reported cash inflows from operating activities totaling CNY 1,480,333,351.73, a decrease of 14.4% compared to CNY 1,728,547,906.44 in the same period of 2023[19]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 155,982,665.36, down 62.5% from CNY 415,585,421.67 in 2023[19]. - Cash inflows from investment activities were CNY 40,429,601.80, significantly lower than CNY 389,613,099.69 in the previous year, resulting in a net cash outflow of CNY 399,593,914.85 for investment activities[20]. - The net cash flow from financing activities was CNY 72,942,992.07, a recovery from a net outflow of CNY 361,806,924.99 in the same period last year[20]. - The company's cash and cash equivalents at the end of the third quarter of 2024 stood at CNY 109,251,382.98, down from CNY 165,465,817.22 at the end of the same period in 2023[20]. - The company reported a decrease in cash and cash equivalents to RMB 113,597,827.11 from RMB 300,048,686.84, a decline of about 62.2%[11]. Operational Highlights - The company reported a significant increase in rental income due to the completion of warehousing and logistics projects, leading to improved occupancy rates[6]. - The company experienced a decrease in cash flow from commercial retail operations, which impacted the overall cash flow performance[6]. - The company has recognized government subsidies amounting to ¥451,661.95 in the current period, contributing positively to the financial results[3]. - The company received tax refunds amounting to CNY 25,019,936.90, an increase of 95.3% compared to CNY 12,785,780.92 in the previous year[19]. Cost Management - Total operating costs decreased to CNY 1,123,651,042.51, down 10.5% from CNY 1,255,753,653.76 year-on-year[16]. - The company reported a decrease in financial expenses to CNY 211,304,065.06 from CNY 213,759,376.44, a reduction of 1.1%[16].