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滨海泰达物流(08348) - 2022 Q1 - 季度财报
BINHAI TEDABINHAI TEDA(HK:08348)2022-05-11 08:49

Financial Performance - Total turnover for the three months ended March 31, 2022, amounted to RMB 679,704,000, representing an increase of approximately 7.18% compared to RMB 634,141,000 in the corresponding period of 2021[9] - Gross profit for the same period was RMB 35,028,000, a decrease of approximately 20.56% from RMB 44,091,000 in the prior year[9] - Gross profit margin decreased to approximately 5.15%, down by about 1.8 percentage points from 6.95% in the corresponding period last year[9] - Profit attributable to owners of the Company was approximately RMB 15,373,000, an increase of approximately 22.18% compared to RMB 12,582,000 in the same period last year[9] - Earnings per share for the first quarter was RMB 4.3 cents, up from RMB 3.6 cents in the corresponding period of 2021[9] - Profit before income tax was RMB 31,847,000, slightly down from RMB 33,782,000 in the prior year[14] - Total comprehensive income for the period attributable to owners of the Company was RMB 15,373,000, compared to RMB 12,582,000 in the same period last year[14] - The Group reported a finance cost of RMB 4,085,000, compared to RMB 6,872,000 in the previous year[14] - Revenue for the period reached RMB 683,804,000, with external customer revenue contributing RMB 679,704,000[33] - Profit for the period was RMB 25,082,000, reflecting a decrease compared to the previous year's profit of RMB 12,582,000[51] Segment Performance - The Group's two reportable segments are logistics and supply chain services for finished automobiles and materials procurement and related logistics services[29] - The logistics segment includes planning, storage, and transportation management for finished automobiles and components[29] - The materials procurement segment involves sales of raw materials primarily to trading companies, along with related transportation and management services[29] - Segment results showed a total revenue of RMB 625,724,000 from logistics and supply chain services[38] - The turnover of logistics and supply chain services for finished automobiles and components decreased by 4.19%, while materials procurement and related logistics services increased by 20.58%[62] - The throughput of logistics services for domestic finished automobiles was 128,604 sets, a decrease of 11.26% compared to 144,923 sets in the same period last year[66] - The turnover for materials procurement and related logistics services was RMB 350,621,000, representing an increase of RMB 59,846,000 or 20.58% compared to the same period last year[66] Corporate Governance - The Company has complied with the Corporate Governance Code during the Reporting Period, with some deviations noted regarding the separation of roles between the Chairman and the Chief Executive[88] - The audit committee has reviewed the Company's unaudited results for the Reporting Period and provided recommendations[90] - The Company has established a code of dealing in securities for its Directors, ensuring compliance with GEM Listing Rules[99] - The roles of Chairman and President have been combined to effectively formulate and implement strategies for the Group[88] - The audit committee comprises independent non-executive Directors with appropriate professional qualifications and financial experience[90] - The Company has maintained a strong commitment to corporate governance and compliance with relevant regulations[88] - The Board will continue to review the corporate governance structure and may separate the roles of Chairman and President in the future[88] Strategic Focus and Challenges - The Group aims to enhance internal coordination and improve the utilization efficiency of facilities to develop new businesses and provide better customer service experiences[68] - The economic environment is facing challenges due to international political and economic turmoil and localized epidemic situations in China, impacting various business segments[66] - The Group will continue to focus on high-quality development despite the complex and severe situation in 2022[68] - The company aims to maintain stable operations in automotive logistics and electronic components logistics while enhancing internal collaboration and resource efficiency[71] - The company is committed to high-quality development despite facing various challenges in 2022[71] - The company plans to explore emerging businesses and enhance customer service experience as part of its business transformation strategy[71] - The company emphasizes the importance of safety production and pandemic prevention measures in its operational strategy[71] - The company is focused on upgrading its business model and expanding its market presence[71] Shareholding Structure - As of March 31, 2022, Tianjin Teda Investment Holding Co., Ltd. holds approximately 150,420,051 domestic shares, representing 58.74% of the class and 42.45% of the total issued share capital[76] - Chia Tai Pharmaceutical Investment (Beijing) Co., Ltd. owns 77,303,789 domestic shares, accounting for 30.19% of the class and 21.82% of the total issued share capital[81] - Chia Tai Land Company Limited holds 28,344,960 domestic shares, which is approximately 11.07% of the class and 8% of the total issued share capital[79] - The report indicates that substantial shareholders include Hong Kong Topway Trading Co., Limited, which holds 10,000,000 H shares, representing 10.18% of the class and 2.82% of the total issued share capital[76] - As of March 31, 2022, no other individuals or entities, apart from the directors and executives, held interests or short positions that required disclosure under the SFO[83] Other Financial Information - Administrative expenses for the period were RMB 11,620,000, compared to RMB 11,796,000 in the previous year[14] - Depreciation and amortization expenses totaled RMB 3,944,000 for the period[42] - The company reported a profit before income tax of RMB 31,847,000, with an income tax expense of RMB 6,765,000[39] - Unallocated other income was RMB 3,996,000, while unallocated corporate expenses amounted to RMB 1,066,000[39] - The weighted average number of shares for calculating basic and diluted earnings per share was 354,312,000[52] - The enterprise income tax rate applicable to the group is 25%[48] - The application of amendments to IFRS in the current period has had no material impact on the Group's financial positions and performance[25] - The Group's financial information complies with the applicable disclosure requirements set out in Chapter 18 of the GEM Listing Rules[20] - The Group was established as an investment holding joint stock limited company in the PRC on 26 June 2006[1] - The Group's H shares were listed on the GEM on 30 April 2008[1] - The registration procedures for share transfers were completed on 7 June 2013, involving 28,344,960 shares (8% of ordinary shares) and 77,303,789 shares (21.82% of ordinary shares)[1] - No listed securities of the Company were purchased, redeemed, or sold during the Reporting Period[95] - The executive Director is Mr. Yang Weihong, with a team of non-executive and independent non-executive Directors[93] - The Company has not engaged in any business that competes with the Group's operations[86]