Anbang Save-Guard (SH:603373)2024-10-29 10:15Financial Performance - The company's operating revenue for Q3 2024 was ¥674,506,889.60, representing a year-over-year increase of 12.38%[2] - The net profit attributable to shareholders for the same period was ¥33,230,181.70, reflecting a growth of 23.84% compared to the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,593,333.24, which is an increase of 7.92% year-over-year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 1,931,342,474.54, an increase of 10.59% compared to CNY 1,746,901,514.91 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 184,812,563.68, compared to CNY 169,250,597.76 in 2023, marking an increase of 9.06%[16] - Operating profit for the first three quarters of 2024 was CNY 87,706,734.30, compared to CNY 41,455,766.43 in 2023, representing a significant increase[25] - Net profit for the first three quarters of 2024 reached CNY 87,706,734.73, up from CNY 39,855,768.32 in 2023, indicating strong growth[25] Cash Flow - The cash flow from operating activities for the year-to-date period increased significantly by 177.70%, amounting to ¥8,307,024.61[6] - The company's cash flow from operating activities showed a significant improvement, with net cash inflow reported[16] - Operating cash inflow for the first three quarters of 2024 reached CNY 1,911,353,103.04, an increase of 14.5% compared to CNY 1,651,757,866.32 in the same period of 2023[18] - Cash flow from operating activities for the first three quarters of 2024 was CNY 17,711,775.00, a recovery from a negative cash flow of CNY -50,595,600.96 in 2023[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,495,355,009.39, showing a year-over-year increase of 4.58%[3] - The total liabilities increased to CNY 823,166,134.79 from CNY 714,268,844.50, representing a growth of 15.23%[14] - The company's current assets totaled CNY 2,141,635,700.82, compared to CNY 2,070,780,189.41 at the end of 2023, indicating an increase of about 3.42%[12] - Total liabilities increased to CNY 798,803,982.92 in Q3 2024 from CNY 769,543,549.58 in Q3 2023[23] - The total equity attributable to shareholders of the parent company rose to CNY 1,749,500,823.11, up from CNY 1,713,938,956.82, an increase of 2.07%[14] Shareholder Information - The company reported a total of 13,366 common shareholders at the end of the reporting period[9] - The top ten shareholders collectively hold 41.85% of the shares, with Zhejiang State Capital Operation Co., Ltd. being the largest shareholder at 41.85%[9] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[9] Investments and Growth - The company plans to expand its market presence and invest in new product development to drive future growth[15] - The company plans to enhance its market expansion strategies, although specific details were not provided in the report[19] - The company’s long-term equity investments rose to CNY 610,051,878.43 from CNY 451,912,616.12 year-over-year, reflecting strategic investment growth[21] Non-Recurring Items - The company received government subsidies amounting to ¥3,721,374.71 during the reporting period, contributing positively to its financial performance[4] - Non-recurring gains and losses for the year-to-date period totaled ¥3,636,848.46, indicating the impact of various financial activities on the company's overall profitability[5]