SWSC(600369)2024-10-30 10:55Financial Performance - The company achieved operating revenue of RMB 572.88 million in Q3 2024, an increase of 38.92% year-on-year[3] - Net profit attributable to shareholders reached RMB 142.75 million, reflecting a year-on-year growth of 31.82%[3] - The net profit excluding non-recurring gains and losses was RMB 141.09 million, up 31.57% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2024 was CNY 1,763,977,350.46, a decrease of 6.4% compared to CNY 1,884,527,686.25 in the same period of 2023[15] - Net profit for the third quarter of 2024 was CNY 481,796,773.70, a decline of 15.0% compared to CNY 566,451,626.11 in the third quarter of 2023[15] - The net profit attributable to shareholders of the parent company was CNY 483,016,029.96, down from CNY 570,201,082.52 year-over-year[15] - Net profit for the first three quarters of 2024 was ¥628,796,248.64, compared to ¥465,348,586.53 in 2023, reflecting a growth of 35.1%[18] Assets and Liabilities - Total assets at the end of the reporting period were RMB 83.63 billion, a decrease of 1.23% from the end of the previous year[4] - The company's total assets as of September 30, 2024, amounted to ¥80,342,408,534.48, a slight decrease from ¥81,091,144,169.44 at the end of 2023[17] - Total liabilities decreased to ¥58.01 billion from ¥59.27 billion, a reduction of about 2.12%[14] - The total liabilities decreased to ¥55,278,202,058.31 from ¥56,392,858,179.50, reflecting a reduction of about 1.99%[17] - The company's equity attributable to shareholders increased to ¥25.63 billion from ¥25.41 billion, showing a growth of approximately 0.85%[14] - The total equity increased to ¥25,064,206,476.17 as of September 30, 2024, compared to ¥24,698,285,989.94 at the end of 2023, marking an increase of about 1.48%[17] Cash Flow - The company's cash flow from operating activities showed a net inflow due to reduced cash outflow from financial assets held for trading[7] - The net cash flow from operating activities for the first three quarters of 2024 was ¥4,259,673,009.95, a significant improvement compared to a net outflow of ¥3,794,258,809.75 in the same period of 2023[16] - Total cash inflow from operating activities reached ¥12,700,776,456.68, up from ¥9,408,619,217.16 in the previous year, indicating a growth of approximately 35.4%[16] - Cash flow from operating activities generated a net inflow of ¥3,479,656,252.41, a significant recovery from a net outflow of -¥4,003,038,342.30 in the previous year[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 126,484, with the largest shareholder, Chongqing Yufu Capital Operation Group Co., Ltd., holding 1,853,443,610 shares, representing 27.89%[8] - Chongqing Urban Construction Investment (Group) Co., Ltd. holds 689,293,065 shares, accounting for 10.37% of the total shares[8] - The company plans to distribute a cash dividend of 0.1 RMB per 10 shares, amounting to a total cash distribution of 66,451,091.24 RMB based on the total share capital of 6,645,109,124 shares as of September 30, 2024[12] - The largest shareholder, Chongqing Yufu Capital, has a significant stake and is involved in internal share transfers, which may affect shareholder dynamics[9] - The company has maintained a stable shareholder structure with no major changes in the top ten shareholders during the reporting period[10] Management and Governance - The company has appointed new executives, including Zhang Li and Zhang Xu as vice general managers, to strengthen its management team[11][12] - There are no significant legal disputes exceeding 10 million RMB during the reporting period that would impact the company's financial position[13] - The company has not reported any changes in the number of shares lent out through margin trading compared to the previous period[10] - The company is actively responding to regulatory calls for increased shareholder returns through multiple dividend distributions within the year[12] Investment and Income - The company reported a significant increase in the fair value change income of RMB 453.45 million, up 217.41% year-on-year[7] - The company’s investment income decreased by 42.73% to RMB 498.85 million compared to the same period last year[7] - The company reported a significant increase in fair value gains to CNY 453,453,002.79, compared to CNY 142,859,736.37 in the previous year[15] - The company experienced a decrease in commission income from brokerage business to CNY 368,669,800.47, down 18.4% from CNY 451,926,294.55 in the same period last year[15] - Investment income increased to ¥673,048,992.12 from ¥669,785,170.68, with significant contributions from joint ventures and associates[18]