长久物流(603569) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥3,445,185,635.84, reflecting an 8.29% decline year-on-year[9] - Net profit attributable to shareholders was ¥66,297,611.37, down 64.79% from the previous year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥52,639,915.80, a decrease of 69.80% year-on-year[9] - Basic earnings per share decreased to ¥0.12, down 64.71% from ¥0.34 in the previous year[9] - Diluted earnings per share also fell to ¥0.11, a decrease of 67.65% compared to the previous year[9] - The weighted average return on equity dropped to 2.53%, a decrease of 6.02 percentage points year-on-year[9] - The company reported a net profit attributable to shareholders of ¥20.55 million in Q3 2019, down 20.0% from ¥25.96 million in Q3 2018[44] - The net profit for Q3 2019 was ¥27.39 million, compared to ¥25.51 million in Q3 2018, representing a growth of 7.4%[44] - The operating profit for the first three quarters of 2019 was ¥93.50 million, a decrease of 59.3% from ¥230.02 million in the same period of 2018[44] - Net profit for the first three quarters of 2019 was approximately $3.45 billion, down 8.3% from $3.76 billion in the same period of 2018[39] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,849,065,260.47, a decrease of 7.94% compared to the end of the previous year[9] - Total liabilities decreased to approximately $3.06 billion from $3.57 billion, a reduction of about 14.2%[26] - Total assets as of September 30, 2019, were approximately $4.27 billion, a decrease from $4.75 billion at the end of 2018, representing a decline of 9.8%[35] - Total liabilities reached $2.83 billion, with current liabilities at $2.36 billion[77] - The company’s equity attributable to shareholders was approximately $2.62 billion, slightly down from $2.63 billion, a decrease of about 0.3%[26] - The company reported a significant reduction in accounts payable, which decreased to approximately $582.46 million from $988.42 million, a decline of 41.0%[35] Cash Flow - Cash generated from operating activities for the first nine months was ¥219,270,998.96, a significant increase of 133.38% compared to the same period last year[9] - The company reported a net cash flow from operating activities of CNY 219,270,998.96, a significant improvement compared to a negative cash flow of CNY -656,905,909.17 in the previous year[19] - The net cash flow from operating activities for the first three quarters of 2019 was CNY 219,270,998.96, a significant improvement from a net outflow of CNY -656,905,909.17 in the first three quarters of 2018[53] - Operating cash flow for the first three quarters of 2019 was CNY 14,172,247.02, a significant improvement from a negative cash flow of CNY -429,827,924.71 in the same period of 2018[58] - The company’s cash and cash equivalents at the end of the first three quarters of 2019 amounted to CNY 1,008,466,760.39, an increase from CNY 922,760,346.11 at the end of the same period in 2018[54] Investments and Expenses - Research and development expenses surged by 2089.68% to CNY 13,142,955.83, attributed to multiple ongoing projects aimed at building a smart logistics system[19] - The company’s financial expenses rose by 136.35% to CNY 59,165,647.66, primarily due to increased financing activities[19] - Research and development expenses increased significantly to approximately $5.04 million in Q3 2019, compared to $0.23 million in Q3 2018, marking a growth of over 2,100%[39] - Cash outflows for the purchase of fixed assets, intangible assets, and other long-term assets in the first three quarters of 2019 were CNY 143,815,086.96, a decrease of 71.2% from CNY 499,491,024.91 in the first three quarters of 2018[54] Shareholder Information - Total shareholders at the end of the reporting period reached 15,156, with the largest shareholder, Jilin Province Changjiu Industrial Group Co., Ltd., holding 429,454,533 shares, representing 76.65% of the total[14] - The company’s total equity stood at approximately $1.92 billion, including retained earnings of $594.57 million[78]