Bondex(SH:603836)2024-10-28 09:26Financial Performance - The company's operating revenue for Q3 2024 reached ¥3,055,892,443.80, an increase of 86.36% compared to the same period last year[2]. - The net profit attributable to shareholders was ¥10,819,057.45, a decrease of 26.28% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,426,989.56, an increase of 104.24% compared to the same period last year[2]. - Total operating revenue for the first three quarters of 2024 reached CNY 7,568,952,956.83, a significant increase from CNY 4,492,573,721.76 in the same period of 2023, representing a growth of approximately 68.8%[14]. - Net profit for the first three quarters of 2024 was CNY 85,861,752.23, slightly down from CNY 87,834,886.83 in 2023, reflecting a decrease of approximately 2.2%[16]. - The total comprehensive income attributable to the parent company for the third quarter of 2024 was CNY 83,989,179.43, down from CNY 87,725,963.11 in the same quarter of 2023[17]. - The company reported a total comprehensive income of CNY 85,401,409.64 for the third quarter of 2024, down from CNY 90,597,942.30 in the same quarter of 2023[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,988,879,521.17, reflecting a 4.99% increase from the end of the previous year[4]. - The company's total assets as of the end of Q3 2024 amounted to CNY 3,988,879,521.17, up from CNY 3,799,303,385.08 at the end of Q3 2023, marking an increase of about 5%[13]. - Total liabilities increased to CNY 2,137,216,228.85 in Q3 2024 from CNY 1,988,015,532.31 in Q3 2023, representing a rise of approximately 7.5%[13]. - The total equity attributable to shareholders was ¥1,806,905,479.80, a 2.47% increase from the previous year-end[4]. - The total equity attributable to shareholders of the parent company increased to CNY 1,806,905,479.80 in Q3 2024 from CNY 1,763,301,467.77 in Q3 2023, reflecting a growth of about 2.5%[13]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥244,262,711.59, a decrease of 215.14% compared to the same period last year[2][8]. - The net cash flow from operating activities for the first three quarters of 2024 was negative CNY 244,262,711.59, compared to a positive CNY 212,152,464.48 in the same period of 2023[18]. - The net cash flow from investing activities was negative CNY 47,135,853.14, a decline from a positive CNY 6,389,211.78 in the previous year[19]. - The net cash flow from financing activities was negative CNY 197,854,272.10, compared to negative CNY 296,626,262.63 in the same period of 2023, indicating an improvement[19]. - The cash outflow for operating activities totaled CNY 7,280,732,462.18 in the first three quarters of 2024, compared to CNY 4,651,431,834.41 in the same period of 2023[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,740[9]. - The largest shareholder, Tang Hai, holds 54,250,000 shares, representing 26.43% of the total shares[9]. - The company has not disclosed any significant changes in the shareholder structure or related party transactions during the reporting period[10]. Operational Highlights - The company reported a significant increase in business volume and higher international shipping rates, contributing to revenue growth[7]. - Research and development expenses for the first three quarters of 2024 were CNY 1,895,169.37, significantly higher than CNY 663,549.70 in the same period of 2023, indicating an increase of approximately 185.5%[16]. - The company experienced a notable increase in accounts receivable, impacting cash flow negatively[8]. - Accounts receivable increased to ¥1,902,475,738.99 from ¥1,227,983,337.37, showing a growth of about 55%[11]. - The company reported a decrease in other comprehensive income, improving to -CNY 962,545.25 in Q3 2024 from -CNY 2,884,624.75 in Q3 2023[13]. Cash and Equivalents - The company's cash and cash equivalents decreased to ¥695,666,191.88 from ¥1,170,252,673.32 as of December 31, 2023, reflecting a decline of approximately 40.5%[11]. - The company's cash and cash equivalents decreased to CNY 77,352,424.26 in Q3 2024 from CNY 95,095,205.48 in Q3 2023, a decline of about 18.7%[12]. - The total cash and cash equivalents at the end of the third quarter of 2024 were CNY 637,655,764.93, a decrease from CNY 1,234,519,953.17 at the end of the same quarter in 2023[19]. Share Repurchase - The company repurchased 3,309,400 shares, accounting for 1.61% of the total share capital[10]. Other Information - Non-recurring gains included government subsidies amounting to ¥1,057,126.65 for the current period[5]. - There are no new strategies or product developments mentioned in the report[10]. - The weighted average return on equity decreased by 0.26 percentage points to 0.60% for the current period[4]. - Financial expenses rose to CNY 34,957,668.57 in Q3 2024, compared to CNY 1,179,276.14 in Q3 2023, indicating a substantial increase due to higher interest expenses[16]. - Fixed assets decreased to ¥187,982,974.34 from ¥202,597,643.73, reflecting a decline of approximately 7.25%[11]. - Long-term equity investments increased to ¥68,116,668.40 from ¥64,069,609.42, a growth of about 6.4%[11].