时代出版(600551) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,839,889,806.41, a decrease of 7.23% compared to the same period last year[1] - Net profit attributable to shareholders was ¥89,959,648.03, an increase of 11.62% year-on-year[1] - The net profit after deducting non-recurring gains and losses was ¥62,655,712.09, down 26.99% from the previous year[1] - Total operating revenue for the first three quarters of 2024 reached CNY 6,276,223,525.60, an increase of 0.95% compared to CNY 6,217,346,975.16 in the same period of 2023[10] - Net profit for the first three quarters of 2024 was CNY 263,874,331.39, compared to CNY 262,626,123.72 in the same period of 2023, showing a marginal increase[11] - Earnings per share for the first three quarters of 2024 were CNY 0.3856, down from CNY 0.5415 in 2023[11] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,018,588,121.43, a decrease of 2.31% from the end of the previous year[2] - Current assets totaled CNY 7,180,179,111.73, slightly down from CNY 7,247,416,403.08 at the end of 2023, indicating a decrease of about 0.9%[8] - Total liabilities were CNY 3,235,480,524.57, down from CNY 3,479,451,138.36, indicating a decrease of about 7.0%[9] - The company reported a total equity of CNY 5,783,107,596.86, an increase from CNY 4,752,428,174.18, reflecting a growth of approximately 21.7%[9] Cash Flow - The net cash flow from operating activities for the year-to-date increased by 225.70% to ¥273,902,709.46[5] - The net cash flow from operating activities for Q3 2024 was ¥273,902,709.46, a significant improvement compared to a net outflow of ¥217,908,705.61 in Q3 2023[12] - Cash flow from operating activities for the first three quarters of 2024 was CNY 7,799,431,312.00, compared to CNY 7,253,988,549.04 in the same period of 2023, indicating a significant increase[11] - Total cash inflow from investment activities decreased to ¥600,482,335.80 in Q3 2024 from ¥829,950,399.37 in Q3 2023[12] - The net cash flow from investment activities improved to ¥47,747,182.17 in Q3 2024, compared to a net outflow of ¥54,412,224.84 in Q3 2023[12] - The net cash flow from financing activities showed a significant decline to -¥617,384,140.36 in Q3 2024, compared to a positive net flow of ¥149,981,398.16 in Q3 2023[12] Shareholder Information - The total equity attributable to shareholders was ¥5,715,325,477.77, an increase of 0.35% from the end of the previous year[2] - The top shareholder, Anhui Publishing Group Co., Ltd., holds 62.09% of the shares[6] Operational Insights - The company has not reported any new product launches or significant technological advancements during this quarter[7] - Future outlook remains cautious with a focus on improving cash flow and managing receivables effectively[7] Expenses - Total operating costs for the first three quarters of 2024 were CNY 5,988,087,747.39, slightly up from CNY 5,976,113,571.21 in 2023[10] - Research and development expenses for the first three quarters of 2024 amounted to CNY 27,102,825.68, slightly up from CNY 26,467,702.24 in 2023[10] - The company experienced a decrease in sales expenses, which were CNY 108,752,855.37 compared to CNY 126,995,003.30 in 2023[10] Accounting Standards - The company did not apply the new accounting standards for the first time in 2024[13]