苏宁环球(000718) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥429,117,333.72, a decrease of 0.70% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥101,994,780.16, an increase of 27.30% year-on-year[2]. - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥95,081,307.05, up 19.39% from the previous year[2]. - Total operating revenue for Q3 2024 reached CNY 1,738,023,035.40, an increase of 18.6% compared to CNY 1,465,071,303.72 in the same period last year[13]. - Net profit for Q3 2024 was CNY 352,055,133.48, a decrease of 7.6% from CNY 381,012,257.70 in Q3 2023[14]. - The total comprehensive income attributable to the parent company for Q3 2024 was approximately CNY 352.06 million, a decrease from CNY 381.01 million in Q3 2023, reflecting a decline of about 7.4%[15]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥14,566,036,807.24, a decrease of 2.40% from the end of the previous year[2]. - Current liabilities totaled CNY 3,798,644,206.00, down 9.5% from CNY 4,200,877,300.83 in the previous year[12]. - Long-term borrowings decreased to CNY 761,745,591.65 from CNY 1,005,600,000.00, a reduction of 24.3%[12]. - The company's total assets decreased to CNY 14,566,036,807.24 from CNY 14,924,862,367.36, reflecting a decline of 2.4%[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,833[8]. - The largest shareholder, Suning Universal Group Co., Ltd., holds 17.46% of the shares, totaling 529,966,134 shares[7]. - The second-largest shareholder, Zhang Guiping, owns 17.38% with 527,369,113 shares[7]. - The company has a total of 3.55% of shares held by the employee stock ownership plan, amounting to 107,774,577 shares[7]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥104,044,949.75, down 87.24% year-on-year[2]. - Cash inflow from operating activities for Q3 2024 was CNY 1.37 billion, significantly lower than CNY 2.23 billion in Q3 2023, representing a decline of about 38.5%[16]. - Net cash flow from operating activities for Q3 2024 was CNY 104.04 million, a sharp decrease from CNY 815.61 million in Q3 2023, indicating a decline of approximately 87.3%[17]. - The ending balance of cash and cash equivalents as of Q3 2024 was CNY 311.98 million, down from CNY 406.51 million at the end of Q3 2023, reflecting a decrease of about 23.2%[17]. - The company reported a total cash inflow from financing activities of CNY 841 million in Q3 2024, down from CNY 1.02 billion in Q3 2023, indicating a decline of approximately 17.3%[17]. Expenses - The company reported a significant increase in tax expenses by 145.70% year-to-date, totaling ¥226,297,497.56[6]. - Financial expenses rose by 55.57% year-to-date, amounting to ¥53,383,984.43, primarily due to lower interest expenses in the previous period[6]. - The company reported a significant increase in tax expenses, which rose to CNY 129,062,162.03 from CNY 93,401,375.92, marking a 38.2% increase[14]. - Total operating costs amounted to CNY 1,264,936,539.35, up 28.5% from CNY 984,929,113.70 year-on-year[13]. Future Strategies - Future strategies include market expansion and potential new product launches to enhance revenue streams[9]. - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[11].