天茂集团(000627) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥4,538,194,343.21, a decrease of 41.49% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥31,919,218.74, an increase of 224.69% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥35,360,925.46, up 249.33% from the previous year[2] - Total operating revenue for the period was CNY 33,596,118,589.59, a decrease of 18.5% compared to CNY 41,188,010,861.21 in the previous period[18] - Insurance business income was CNY 30,613,877,322.60, down from CNY 34,422,568,708.76, reflecting a decline of 11.1%[18] - Net profit for the third quarter was -644.46 million CNY, compared to -419.44 million CNY in the previous year, indicating a worsening of approximately 53.6%[20] - Operating profit for the third quarter was -253.15 million CNY, an improvement from -428.06 million CNY year-over-year, showing a reduction in losses of about 40.9%[19] - Total operating costs decreased to approximately 33.85 billion CNY from 41.62 billion CNY, reflecting a reduction of about 18.7%[19] - The company reported a total current asset of CNY 35,198,586,933.03, a decrease of 30.5% from CNY 50,665,930,925.56 at the beginning of the period[15] - The company's total assets decreased to CNY 285,153,621,093.08 from CNY 301,935,930,342.92, a decline of 5.5%[17] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥18,272,668,862.63, a decline of 218.78% year-on-year[6] - The cash and cash equivalents net increase for the year-to-date was -¥19,813,848,991.20, a decrease of 2836.57% compared to the previous year[6] - The company reported a net cash outflow from operating activities of -18.27 billion CNY, compared to a positive inflow of 15.38 billion CNY in the previous year[21] - The company’s investment activities generated a net cash inflow of approximately 6.80 billion CNY, contrasting with a net cash outflow of -12.30 billion CNY in the previous year[21] - In Q3 2024, the net cash flow from financing activities was -8,327,515,373.04 CNY, compared to -3,775,388,139.69 CNY in the same period last year[22] - Cash and cash equivalents at the end of the period stood at 8,331,527,608.73 CNY, down from 25,634,594,803.27 CNY year-over-year[22] - The cash and cash equivalents net increase for the quarter was -19,813,848,991.20 CNY, indicating a substantial decrease in liquidity[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 121,340[7] - The largest shareholder, New Liyi Group Co., Ltd., holds 44.56% of shares, totaling 2,201,658,177 shares[9] - Wang Wei, a natural person, holds 11.25% of shares, totaling 555,604,700 shares[9] - Liu Yiqian, another natural person, holds 10.47% of shares, totaling 517,500,000 shares, with 388,125,000 shares pledged[9] - The company plans to repurchase shares with a total amount not less than RMB 50 million and not exceeding RMB 100 million, at a price not exceeding RMB 3.34 per share[11] - As of October 30, 2024, the company has not repurchased any shares, representing 0.00% of the total share capital[11] Assets and Liabilities - The total assets as of September 30, 2024, were ¥285,153,621,093.08, reflecting a decrease of 5.56% from the end of the previous year[2] - The total liabilities decreased to CNY 249,148,751,291.59 from CNY 268,302,177,277.42, representing a reduction of 7.5%[17] - The company's cash and cash equivalents decreased to CNY 8,331,527,608.73 from CNY 28,153,618,773.52, a decline of 70.4%[14] - The total non-current assets amounted to CNY 249,955,034,160.05, a slight decrease from CNY 251,269,999,417.36[15] - The unallocated profit decreased to CNY 4,976,940,903.90 from CNY 5,310,045,788.96, a reduction of 6.3%[17] - The company reported a decrease in accounts payable to CNY 670,955,663.82 from CNY 949,045,355.74, a decline of 29.3%[16] Other Comprehensive Income - The company reported a significant increase in other comprehensive income attributable to shareholders, amounting to ¥1,575,132,727.84, up 7189.88% year-on-year[6] - Other comprehensive income after tax was 3.09 billion CNY, significantly higher than 42.96 million CNY in the same period last year[20] - The company’s total comprehensive income for the third quarter was approximately 2.44 billion CNY, a significant increase from a loss of 376.48 million CNY in the same period last year[20] Audit and Reporting - The company did not undergo an audit for the Q3 report[23] - The report was issued by the board of directors on October 30, 2024[23]