2024-10-30 11:05Financial Performance - Operating revenue for the third quarter reached ¥5,492,927,694.45, an increase of 10.76% year-on-year[2] - Net profit attributable to shareholders was ¥808,460,815.54, a decrease of 10.93% compared to the same period last year[2] - Net profit excluding non-recurring gains and losses was ¥732,086,002.56, down 19.00% year-on-year[2] - Basic earnings per share decreased to ¥0.1695, a decline of 10.93% from the previous year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 17,143,704,565.04, an increase from CNY 16,534,602,106.32 in the same period of 2023, representing a growth of approximately 3.7%[15] - Net profit for the first three quarters of 2024 was CNY 3,650,736,662.24, down from CNY 4,008,126,553.86 in 2023, reflecting a decrease of approximately 8.9%[16] - Total comprehensive income attributable to shareholders of the parent company was CNY 3,206,315,838.03 for the first three quarters of 2024, compared to CNY 3,964,188,329.15 in 2023, a decrease of approximately 19.1%[16] - The total comprehensive income for the third quarter was CNY 3,471,182,793.44, compared to CNY 4,354,481,143.65 in the same quarter last year, reflecting a decline of 20.2%[17] - Basic earnings per share for the third quarter were CNY 0.7158, down from CNY 0.7785 in the same period last year[17] Assets and Liabilities - Total assets increased to ¥75,187,427,894.07, reflecting a growth of 4.31% compared to the end of the previous year[3] - The total assets as of the end of the third quarter of 2024 were CNY 75,187,427,894.07, an increase from CNY 72,083,612,271.55 at the end of 2023, representing a growth of about 2.9%[14] - The company's cash and cash equivalents were reported at RMB 4.32 billion, down from RMB 5.63 billion at the end of 2023[11] - The company's cash and cash equivalents at the end of the third quarter of 2024 were CNY 5,000,000,000, compared to CNY 4,500,000,000 at the end of 2023, indicating an increase of approximately 11.1%[14] - The total liabilities of the company included short-term borrowings of RMB 2.2 billion, a decrease from RMB 2.95 billion at the end of 2023[12] - The total liabilities as of the end of the third quarter of 2024 amounted to CNY 36,367,355,176.63, an increase from CNY 34,980,288,739.23 at the end of 2023, representing a growth of about 3.9%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,448[6] - The largest shareholder, China Shipping Group Co., Ltd., held 1,536,924,595 shares, representing 32.22% of the total[6] Operational Metrics - In the first three quarters of 2024, the average daily earnings for VLCC TD3C route (Middle East to China) were approximately $36,846, an increase of about 4.2% year-on-year[10] - The average daily earnings for LR2 TC1 route (Middle East to Japan) reached approximately $47,115, reflecting a significant increase of 44.9% compared to the same period last year[10] - The group's oil tanker capacity input was 589,984 million ton-days, representing a year-on-year increase of 7.8%[10] - The total revenue from the oil tanker segment was RMB 15.5 billion, an increase of 2.4% year-on-year, while operating costs rose by 6.5% to RMB 11.22 billion[10] - The gross profit margin for the oil tanker segment was 27.6%, a decrease of 2.8 percentage points year-on-year[10] - The LNG transportation business contributed a net profit of RMB 680 million, marking a year-on-year increase of 10.5%[10] Cash Flow - Operating cash inflow for the first three quarters of 2024 was CNY 18,089,151,149.59, an increase of 4.7% from CNY 17,275,866,857.88 in the previous year[18] - Net cash flow from operating activities was CNY 5,762,047,703.06, down 11.8% from CNY 6,535,299,505.96 in the same period last year[19] - Net cash flow from investing activities was -CNY 5,078,038,853.78, compared to -CNY 986,377,253.89 in the previous year, indicating increased investment outflows[19] - Net cash flow from financing activities was -CNY 1,995,994,588.09, a significant improvement from -CNY 3,958,686,367.18 in the same period last year[19] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 11,923,109.92, a decrease from CNY 16,711,414.30 in the same period of 2023, reflecting a decline of about 28.6%[15] Future Plans - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency and service offerings in the upcoming quarters[16]