2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 2,989,212,136.56, representing a year-on-year increase of 4.43%[3] - The net profit attributable to shareholders for Q3 2023 was CNY 442,584,209.17, an increase of 15.77% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 433,504,699.23, up by 14.08% year-on-year[3] - Total operating revenue for the first three quarters of 2023 was CNY 8,641,204,723.08, slightly down from CNY 8,651,046,671.66 in the same period of 2022, representing a decrease of approximately 0.1%[20] - Operating profit for the first three quarters of 2023 was CNY 1,654,978,370.54, an increase from CNY 1,590,690,803.55 in the previous year, indicating a growth of approximately 4.0%[21] - The total profit for Q3 2023 was approximately ¥1.66 billion, a slight increase from ¥1.62 billion in Q3 2022, representing a growth of about 2.1%[23] - Net profit attributable to shareholders of the parent company was approximately ¥1.07 billion, down from ¥1.12 billion in the same period last year, indicating a decrease of about 4.5%[24] - The total comprehensive income for Q3 2023 was approximately ¥1.25 billion, compared to ¥1.25 billion in Q3 2022, showing a marginal increase of 0.03%[24] - Basic and diluted earnings per share for Q3 2023 were both ¥0.04, down from ¥0.05 in Q3 2022, reflecting a decrease of 20%[24] Cash Flow and Assets - The net cash flow from operating activities for Q3 2023 was CNY 777,976,359.14, a decrease of 10.39% compared to the same period last year[4] - The total current assets as of September 30, 2023, amounted to 9,539,413,851.36 RMB, compared to 9,482,788,978.89 RMB at the end of 2022[17] - The cash and cash equivalents decreased to 4,348,930,009.45 RMB from 5,085,194,083.26 RMB year-over-year[17] - The accounts receivable increased to 3,529,226,405.79 RMB from 2,892,038,334.72 RMB year-over-year[17] - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥8.05 billion, a decrease from ¥8.34 billion in the same period last year, representing a decline of about 3.4%[25] - The net cash flow from operating activities in Q3 2023 was approximately ¥2.05 billion, down from ¥2.22 billion in Q3 2022, indicating a decrease of about 7.6%[26] - Cash and cash equivalents at the end of Q3 2023 were approximately ¥4.32 billion, down from ¥4.63 billion at the end of Q3 2022, reflecting a decrease of about 6.6%[27] Liabilities and Equity - The total assets at the end of Q3 2023 were CNY 56,181,115,088.51, down by 2.48% from the end of the previous year[4] - The equity attributable to shareholders at the end of Q3 2023 was CNY 39,372,320,626.04, an increase of 1.88% compared to the end of the previous year[4] - Current liabilities decreased significantly to CNY 4,919,788,406.26 from CNY 6,477,798,286.20, a reduction of about 24.1%[19] - Long-term borrowings decreased to CNY 641,000,000.00 from CNY 716,000,000.00, a decrease of approximately 10.5%[19] - The company’s total liabilities decreased to CNY 13,571,205,631.20 from CNY 15,867,399,977.62, a decline of approximately 14.4%[19] Operational Metrics - The company reported a container throughput of 255.5 million TEU in Q3 2023, an increase of 8.3% year-over-year from 236.0 million TEU in Q3 2022[14] - Oil products throughput reached 1,199.5 million tons in Q3 2023, reflecting an 18.8% increase compared to 1,010.0 million tons in Q3 2022[14] - The company experienced a 12.8% increase in bulk cargo throughput, totaling 4,720.9 million tons in Q3 2023, up from 4,184.2 million tons in Q3 2022[14] - The passenger roll-on/roll-off vehicle throughput increased by 140.5% year-over-year, reaching 137.8 million passengers in Q3 2023[14] Expenses and Investments - Research and development expenses decreased by 88.54% year-to-date due to the completion of major projects[8] - Sales expenses increased by 100.00% year-to-date, primarily due to business promotion activities conducted this year[8] - Investment income decreased by 59.54% year-to-date, mainly due to the decline in performance of joint ventures in various sectors[8] - The net cash flow from investing activities was negative at approximately -¥67.97 million in Q3 2023, compared to -¥2.73 billion in Q3 2022, showing an improvement in cash outflow[26] - The company received approximately ¥2.50 billion in cash from borrowings in Q3 2023, down from ¥4.42 billion in the same period last year, indicating a decrease of about 43.5%[26] Strategic Focus - The company aims to expand its direct shipping routes and increase port capacity to boost domestic trade growth[14] - The company is focusing on new product development and market expansion strategies to enhance overall performance[15]