Financial Performance - Total operating revenue for the nine months ended 30 September 2023 was approximately RMB2,255,180,000, representing an increase of approximately 2.82% compared to RMB2,193,342,000 in the corresponding period of 2022[10]. - Gross profit decreased to approximately RMB41,921,000, a decline of approximately 61.02% from RMB107,539,000 in the same period last year[10]. - Gross profit margin was approximately 1.86%, down approximately 3.04 percentage points from 4.9% in the corresponding period last year[10]. - Profit attributable to owners of the Company increased to approximately RMB20,525,000, representing a growth of approximately 35.68% compared to RMB15,128,000 in the same period of 2022[10]. - Earnings per share rose to RMB5.8 cents, compared to RMB4.3 cents in the corresponding period last year[10]. - Operating profit for the nine months was approximately RMB20,633,000, down from RMB43,178,000 in the same period last year[14]. - Profit before income tax was approximately RMB26,929,000, compared to RMB63,323,000 in the corresponding period of 2022[14]. - Total comprehensive income for the period was approximately RMB23,708,000, compared to RMB43,384,000 in the same period last year[14]. - Revenue for the nine months ended September 30, 2023, was RMB 2,204,254,000, an increase from RMB 2,161,617,000 in the same period of 2022, representing a growth of approximately 1.9%[33]. - Profit for the period attributable to owners of the Company was RMB 20,525,000 for the nine months ended September 30, 2023, compared to RMB 15,128,000 in 2022, reflecting an increase of about 35.5%[47]. - Total cost of sales and administrative expenses for the nine months ended September 30, 2023, was RMB 2,246,819,000, up from RMB 2,125,549,000 in 2022, indicating a rise of approximately 5.7%[36]. - Interest income for the nine months ended September 30, 2023, was RMB 8,264,000, down from RMB 12,089,000 in the same period of 2022, a decline of about 31.5%[38]. - The Group's income tax expense for the nine months ended September 30, 2023, was RMB 3,221,000, significantly lower than RMB 19,939,000 in 2022, showing a reduction of approximately 83.9%[41]. - Other expenses decreased to RMB 9,947,000 in 2023 from RMB 15,969,000 in 2022, a reduction of approximately 37.7%[36]. - The Group recorded a profit attributable to equity holders of RMB 20,525,000, an increase of RMB 5,397,000 or 35.68% compared to RMB 15,128,000 in the same period last year[71]. Segment Performance - The supply chain and logistics services for finished automobiles generated revenue of RMB 882,274,000, while materials procurement and related logistics services generated RMB 1,342,465,000[30]. - The segment results for supply chain and logistics services were RMB 10,433,000, while materials procurement reported a loss of RMB 8,007,000, resulting in total segment profit of RMB 2,426,000[30]. - The materials procurement and related logistics services recorded an increase in operating income compared to the corresponding period last year, while the supply chain and logistics services for finished automobiles and components saw a decrease[57][68]. - The throughput of logistics services for domestic finished automobiles was 369,249 sets, a decrease of 18,471 sets or 4.76% compared to 387,720 sets in the same period last year[75]. - The turnover for logistics services for imported automobiles was RMB 882,274,000, representing a decrease of RMB 140,985,000 or 13.78% compared to the same period last year[75]. - The turnover for materials procurement and related logistics services increased to RMB 1,340,154,000, an increase of RMB 204,323,000 or 17.99% compared to the same period last year[76]. - The turnover for electronic components logistics services decreased to RMB 574,952,000, a decrease of RMB 193,687,000 or 25.20% compared to the same period last year[78]. - The turnover for cold chain logistics services was RMB 156,210,000, a decrease of RMB 37,554,000 or 19.38% compared to the same period last year[79]. Corporate Governance - The company has complied with the Corporate Governance Code throughout the reporting period, with a noted deviation regarding the separation of roles between the Chairman and the CEO[106]. - The Company has established an audit committee comprising independent non-executive Directors, ensuring compliance with GEM Listing Rules[115]. - The Board will continue to review and improve the corporate governance structure according to the Company's operational needs[114]. - All Directors confirmed compliance with the code of dealing in securities during the Reporting Period[116]. - The audit committee has reviewed the Company's unaudited results for the Reporting Period and provided recommendations[115]. - The Company has adhered to the corporate governance code, with clear delineation of roles between the Chairman and the chief executive[111]. - The Board comprises a mix of executive, non-executive, and independent non-executive Directors, ensuring diverse oversight[120]. - The Company has no competitive business interests from its Directors or major shareholders[109]. Shareholder Information - As of September 30, 2023, Tianjin TEDA Investment Holding Co., Ltd. holds 150,420,051 domestic shares, representing approximately 58.74% of the same class of shares and 42.45% of the total issued share capital[97]. - Chia Tai Pharmaceutical Investment (Beijing) Co., Ltd. owns 77,303,789 domestic shares, accounting for approximately 30.19% of the same class of shares and 21.82% of the total issued share capital[97]. - Chia Tai Land Company Limited has 28,344,960 domestic shares, which is about 11.07% of the same class of shares and 8% of the total issued share capital[97]. - Tianjin Port Development Holdings Limited possesses 20,000,000 H shares, equating to approximately 20.36% of the same class of shares and 5.64% of the total issued share capital[97]. - Hongkong Topway Trading Co., Limited holds 10,000,000 H shares, representing approximately 10.18% of the same class of shares and 2.82% of the total issued share capital[97]. - As of September 30, 2023, no other persons, apart from directors and executives, have interests or short positions that require disclosure under the SFO[102]. - The company has substantial shareholders with interests exceeding 5% in various classes of shares, as disclosed in the report[95]. Management Changes - Mr. Yang Weihong resigned as General Manager on July 13, 2023, and Ms. Ma Xin was appointed as Deputy General Manager, equivalent to the position of chief executive[104]. - Mr. Yang Weihong was re-appointed as an executive Director and elected as the Chairman of the Board on May 12, 2023[108]. - On July 13, 2023, Mr. Yang Weihong resigned as General Manager, and Ms. Ma Xin was appointed as Deputy General Manager, equivalent to chief executive[113].
滨海泰达物流(08348) - 2023 Q3 - 季度财报