CCS(SH:600180)2024-10-28 09:58Financial Performance - The company's operating revenue for Q3 2024 was ¥8,170,835,528.93, a decrease of 28.84% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥35,986,233.46, representing a decline of 135.76% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥85,240,155.44, down 46.84% compared to the previous year[3] - The basic earnings per share for Q3 2024 was -¥0.0334, a decrease of 136.03% year-over-year[3] - Total revenue for the first three quarters of 2024 was CNY 22.55 billion, a decrease of 36.3% compared to CNY 35.36 billion in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 133.74 million, a decline of 66.9% compared to CNY 404.96 million in the same period of 2023[16] - The total comprehensive income for the third quarter of 2024 was CNY 96,149,323.44, a decrease from CNY 496,392,637.71 in the same period last year[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥34,921,994,624.53, an increase of 15.03% from the end of the previous year[3] - The company's total assets increased to CNY 34.92 billion, up 15% from CNY 30.36 billion in the previous year[14] - Total liabilities rose to CNY 27.01 billion, an increase of 20.5% from CNY 22.41 billion in 2023[14] - The company's equity attributable to shareholders was CNY 7.87 billion, a slight decrease from CNY 7.90 billion in 2023[14] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥364,095,392.22, a decrease of 402.71% compared to the previous year[3] - The net cash flow from operating activities was negative CNY 364,095,392.22, compared to a positive CNY 120,280,082.66 in the previous year[19] - Cash inflow from operating activities totaled CNY 20,639,581,196.21, down from CNY 38,869,001,572.93 year-over-year[19] - Cash outflow from operating activities was CNY 21,003,676,588.43, compared to CNY 38,748,721,490.27 in the same period last year[19] - The net cash flow from investing activities was negative CNY 253,236,175.78, contrasting with a positive CNY 224,804,839.75 in the previous year[19] - Cash inflow from financing activities amounted to CNY 8,674,587,843.08, an increase from CNY 6,888,819,315.69 year-over-year[20] - The net cash flow from financing activities was CNY 291,241,703.78, compared to CNY 40,359,699.12 in the same period last year[20] - The ending cash and cash equivalents balance was CNY 531,962,751.26, down from CNY 1,324,867,277.56 year-over-year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 26,956[8] - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 554,443,265 shares, representing 51.02% of total shares[9] - The company has a pledged share amount of 430,800,000 shares held by the largest shareholder[8] - The company has a repurchase account holding 8,579,400 shares, which is not included in the top ten shareholders[10] Business Operations - The company reported a significant reduction in investment income from joint ventures, impacting overall profitability[6] - The company experienced a decline in coal business volume and average prices, contributing to the decrease in operating revenue[6] - The company has not reported any new product developments or market expansion strategies in this quarter[5] - The company is exploring market expansion strategies and new product development initiatives[10] - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[15] Inventory and Receivables - Accounts receivable increased to ¥14,596,937,091.62 from ¥10,542,360,884.98 year-over-year[12] - Inventory as of September 30, 2024, is reported at ¥1,429,097,092.21, compared to ¥872,274,703.20 in the previous year[12] - The company has a total current asset of ¥21,023,570,305.58, up from ¥16,552,803,663.02[12] - The long-term equity investment decreased to ¥12,462,736,624.49 from ¥12,876,965,286.51[12] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 2.83 million, down 16.2% from CNY 3.38 million in 2023[16]