Bondex(SH:603836)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,639,811,465.81, a decrease of 42.62% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥14,675,903.61, down 76.50% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥4,615,694.72, a decline of 89.37% compared to the previous year[5] - The basic earnings per share for Q3 2023 was ¥0.07, a decrease of 77.42% year-on-year[6] - The net profit for the year-to-date was ¥85,095,482.37, down 65.88% year-on-year[5] - Total operating revenue for the first three quarters of 2023 was CNY 4,492,573,721.76, a decrease from CNY 10,344,488,056.53 in the same period of 2022, representing a decline of approximately 56.5%[20] - Net profit for the third quarter of 2023 was CNY 87,834,886.83, a significant decrease from CNY 363,407,453.70 in the same quarter of 2022, reflecting a decline of approximately 76.8%[21] - Basic and diluted earnings per share for the third quarter of 2023 were both CNY 0.42, down from CNY 1.22 in the same quarter of 2022, indicating a decrease of about 65.5%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,679,657,794.84, a decrease of 7.50% from the end of the previous year[6] - As of September 30, 2023, total assets amounted to ¥3,679,657,794.84, a decrease from ¥3,978,054,163.82 at the end of 2022, reflecting a decline of approximately 7.5%[16] - Current assets totaled ¥2,943,462,066.26, down from ¥3,258,320,395.94, indicating a decrease of about 9.7%[17] - The company’s total liabilities decreased to ¥2,943,462,066.26, down from ¥3,258,320,395.94, indicating a decline of about 9.7%[17] - Total liabilities as of the end of the third quarter of 2023 amounted to CNY 1,923,768,197.36, compared to CNY 2,177,678,244.13 at the end of the previous year, showing a reduction of approximately 11.7%[19] - The company's total equity as of the end of the third quarter of 2023 was CNY 1,755,889,597.48, down from CNY 1,800,375,919.69 at the end of the previous year, reflecting a decrease of about 2.5%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥212,152,464.48, a decrease of 34.09% compared to the same period last year[5] - Cash inflow from operating activities for the first three quarters of 2023 was approximately ¥4.71 billion, a decrease of 52.8% compared to ¥9.96 billion in the same period of 2022[25] - Net cash flow from operating activities in Q3 2023 was ¥212.15 million, down 34.1% from ¥321.88 million in Q3 2022[26] - Total cash inflow from investment activities in Q3 2023 was ¥1.49 billion, an increase of 21.6% compared to ¥1.22 billion in Q3 2022[27] - Net cash flow from investment activities in Q3 2023 was ¥6.39 million, a significant improvement from a negative cash flow of ¥146.37 million in Q3 2022[27] - Cash inflow from financing activities in Q3 2023 totaled ¥468.94 million, a decrease of 32.4% from ¥692.54 million in Q3 2022[27] - Net cash flow from financing activities in Q3 2023 was negative at ¥296.63 million, worsening from a negative cash flow of ¥126.99 million in Q3 2022[27] - The cash and cash equivalents balance at the end of Q3 2023 was ¥1.23 billion, slightly up from ¥1.23 billion at the end of Q3 2022[27] - Total cash outflow from operating activities in Q3 2023 was approximately ¥4.65 billion, a decrease of 52.7% compared to ¥9.84 billion in Q3 2022[26] Strategic Focus - The company attributed the revenue decline to a significant drop in shipping rates due to structural changes in the supply and demand of international container shipping[10] - The company plans to focus on market expansion and new product development to improve future performance, although specific strategies were not disclosed in the report[24] - The company’s long-term borrowings increased to CNY 311,045,879.41 in the third quarter of 2023, compared to CNY 70,153,170.05 in the previous year, indicating a strategic shift towards leveraging debt for growth[19] Other Financial Metrics - The weighted average return on equity for Q3 2023 was 0.86%, down 2.01 percentage points from the previous year[6] - The company reported a credit impairment loss of CNY 26,188,511.96 in the third quarter of 2023, compared to a gain of CNY 21,412,331.46 in the same quarter of 2022[21] - The company reported a total of 2,156,900 shares held in the repurchase account, accounting for 1.05% of the total share capital[14] - The long-term equity investment increased to ¥57,948,797.53 from ¥52,764,748.21, reflecting an increase of approximately 9.3%[17] - The company’s goodwill remained stable at ¥135,373,649.10, unchanged from the previous period[17] - The company’s total non-current assets increased slightly to ¥736,195,728.58 from ¥719,733,767.88, reflecting an increase of about 2.0%[17]