辽港股份(601880) - 2024 Q3 - 季度财报

Financial Performance - The operating revenue for Q3 2024 was approximately ¥2.58 billion, a decrease of 14.46% compared to the same period last year[3]. - The net profit attributable to shareholders was approximately ¥492.06 million, an increase of 11.87% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was approximately ¥335.32 million, a decrease of 23.43% compared to the previous year[3]. - The basic earnings per share for the period was ¥0.0205, an increase of 11.89% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 7,950,096,514.86, a decrease of 8.6% compared to CNY 8,702,944,903.76 in the same period of 2023[21]. - Net profit for the first three quarters of 2024 was CNY 1,093,863,266.31, a decrease of 10.7% from CNY 1,224,685,430.19 in the same period of 2023[22]. - The total comprehensive income for the first three quarters of 2024 was CNY 1,111,154,857.42, down from CNY 1,242,143,256.85 in 2023, reflecting a decrease of 10.5%[23]. - Basic earnings per share remained stable at CNY 0.04 for both 2024 and 2023[23]. Cash Flow - The net cash flow from operating activities was approximately ¥1.16 billion, an increase of 51.12% year-on-year[3]. - In the first three quarters of 2024, the cash inflow from operating activities was approximately CNY 8.38 billion, an increase of 1.82% compared to CNY 8.23 billion in the same period of 2023[24]. - The net cash flow from operating activities reached CNY 2.36 billion, up 17.94% from CNY 1.99 billion in the first three quarters of 2023[25]. - The total cash outflow from financing activities was CNY 4.38 billion, a decrease of 16.31% compared to CNY 5.23 billion in the same period of 2023[25]. - The cash inflow from investment activities was CNY 232.65 million, an increase of 39.25% compared to CNY 166.99 million in the first three quarters of 2023[25]. - The company reported a net cash flow from investment activities of CNY 27.85 million, a significant improvement from a net outflow of CNY 70.23 million in the first three quarters of 2023[25]. - The total cash outflow for taxes paid was CNY 591.64 million, down from CNY 751.22 million in the first three quarters of 2023, indicating improved tax efficiency[25]. - The cash and cash equivalents at the end of the period were CNY 4.22 billion, down from CNY 4.44 billion at the end of the same period in 2023[26]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥59.65 billion, an increase of 5.86% from the end of the previous year[3]. - The total current assets as of September 30, 2024, were 9,205,156,598.12 CNY, down from 10,116,584,150.31 CNY at the end of 2023[19]. - Non-current assets increased to 50,449,473,390.08 CNY from 46,236,355,578.53 CNY year-over-year[19]. - The company's total liabilities increased to CNY 15,875,066,249.22 in Q3 2024, up from CNY 13,623,749,088.14 in Q3 2023, representing a growth of 16.5%[20]. - The total equity attributable to shareholders of the parent company reached CNY 40,033,417,565.30, an increase from CNY 39,601,858,063.43 in the previous year, indicating a growth of 1.1%[20]. Investments and Acquisitions - The company acquired 79.03% of Dalian Port Logistics Network Co., Ltd. for ¥63.72 million, with the merger date set for November 3, 2023[3]. - The company also acquired 100% of Yingkou Port Xin Technology Co., Ltd. for ¥19.31 million, with the merger date set for October 27, 2023[4]. - The gain from remeasuring equity at fair value upon gaining control amounts to ¥184,543,166.29, attributed to the merger of companies under different control[7]. - Long-term borrowings increased by 444.56%, primarily due to the inclusion of two long companies in the consolidation scope[9]. - Other non-current assets surged by 760.37%, mainly due to the consolidation of two long companies[9]. Operational Metrics - In Q3 2024, the total throughput for containers was 268.3 million TEU, representing a 5.0% increase compared to 255.5 million TEU in Q3 2023[15]. - The throughput for oil products increased to 1,447.3 million tons, a 20.7% rise from 1,199.5 million tons in the same period last year[15]. - The throughput for bulk cargo decreased by 12.5% to 4,132.4 million tons from 4,720.9 million tons year-over-year[15]. - The company reported a significant decline in the throughput of passenger roll-on/roll-off vehicles due to increased shipping prices and changes in marketing strategies[17]. Research and Development - R&D expenses decreased by 42.34% due to a reduction in R&D projects[8]. - Research and development expenses decreased to CNY 16,023,879.89 in 2024 from CNY 27,791,901.85 in 2023, a reduction of 42.5%[21]. Other Income and Expenses - Other income increased by 71.63%, primarily due to subsidies from the China-Europe freight train and sea-rail intermodal transport[9]. - Investment income rose by 204.15%, mainly due to the inclusion of two long companies in the consolidation scope[9]. - Credit impairment losses decreased by 203.39%, influenced by the recovery of long-term receivables and the aging of certain receivables from the previous year[9].