申通快递(002468) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥10,249,987,322.57, representing a 12.43% increase year-over-year[15]. - The net profit attributable to shareholders for Q3 2023 was ¥2,741,351.17, a decrease of 87.73% compared to the same period last year[15]. - The company's total revenue for Q3 2023 was ¥29,336,318,312.14, up from ¥24,077,230,941.44 in Q3 2022, reflecting an increase of about 21.5%[50]. - The total operating costs for Q3 2023 were ¥29,172,409,863.20, up from ¥24,039,137,066.82 in the previous year, which is an increase of approximately 21.5%[50]. - The basic earnings per share for Q3 2023 was ¥0.0018, down 87.84% compared to the previous year[15]. - The basic earnings per share for Q3 2023 was ¥0.1466, compared to ¥0.1396 in Q3 2022, showing an increase of approximately 5.4%[53]. - The company reported a total comprehensive income of ¥220,892,682.39 for Q3 2023, slightly down from ¥222,304,258.75 in Q3 2022, a decrease of about 0.6%[53]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,923,773,338.75, reflecting an 18.28% increase due to higher business volume[8]. - The net cash flow from operating activities for Q3 2023 was ¥1,923,773,338.75, compared to ¥1,626,516,929.01 in the same period last year, indicating a growth of approximately 18.3%[53]. - The cash flow from financing activities for Q3 2023 was ¥1,214,006,743.41, a significant increase of 416.17% due to reduced bank loan repayments[8]. - The net cash flow from financing activities is CNY 1,214,006,743.41, a significant improvement from a net outflow of CNY -383,969,638.58 in the previous period[36]. - Cash and cash equivalents at the end of the period reached ¥3,046,755,937.08, an increase of 40.65% from the beginning of the period due to bank loans obtained during the period[18]. - The cash and cash equivalents at the end of the period amount to CNY 2,877,324,902.42, up from CNY 1,602,922,970.14 at the end of the previous period, indicating a growth of approximately 79.5%[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥22,043,224,329.68, an increase of 8.42% from the end of the previous year[15]. - Total assets reached ¥22,043,224,329.68, an increase from ¥20,332,145,368.97 at the beginning of the period[28]. - As of September 30, 2023, the company's total current assets increased to ¥6,530,976,614.83 from ¥5,203,227,401.12 at the beginning of the year, representing a growth of approximately 25.5%[47]. - The total liabilities and equity reached ¥22,043,224,329.68 as of September 30, 2023, compared to ¥20,332,145,368.97 at the beginning of the year, marking an increase of about 8.4%[50]. - Short-term borrowings increased by 119.76% to ¥4,194,901,187.03, attributed to the increase in short-term loans[18]. - Long-term borrowings increased by 72.82% to ¥1,259,348,982.31, in line with the company's funding usage plan[18]. - Non-current liabilities due within one year decreased by 63.12% to ¥606,648,368.75, primarily due to the repayment of corporate bonds[18]. Equity and Investments - The total equity attributable to shareholders at the end of the reporting period was ¥8,372,510,149.31, a 2.49% increase from the previous year[15]. - The company's total equity attributable to shareholders reached ¥8,372,510,149.31 as of September 30, 2023, compared to ¥8,169,398,344.55 at the beginning of the year, reflecting an increase of about 2.5%[50]. - The company has invested CNY 1,845,000,000.00 in cash for investments, down from CNY 5,975,658,388.91 in the previous period, indicating a reduction of approximately 69.0%[36]. - Long-term equity investments decreased by 54.61% to ¥42,727,930.39, primarily due to the disposal of equity in an associate company[18]. Income and Expenses - The company reported a 35.72% decrease in other income, totaling ¥150,286,309.92, mainly due to a reduction in VAT credits[7]. - The company's research and development expenses for Q3 2023 were ¥98,290,606.48, compared to ¥88,550,941.88 in the same period last year, indicating an increase of approximately 11.7%[50]. - The company reported a decrease in credit impairment losses to CNY -24,707,392.39 from CNY -54,811,957.55, showing an improvement of about 55.0%[32]. - The company experienced a 54.92% reduction in credit impairment losses, amounting to -¥24,707,392.39, attributed to improved collection of receivables[8]. - The company has reported a significant reduction in asset impairment losses to CNY -1,663,793.78 from CNY -15,920,806.00, representing an improvement of approximately 89.6%[32]. - The other comprehensive income after tax attributable to the parent company is CNY 4,892,236.68, a decrease from CNY 23,697,898.80 in the previous period, reflecting a decline of about 79.3%[32]. Future Plans - The company plans to expand its employee stock ownership plan, with 5.2035 million shares reserved for eligible employees at a price of CNY 1.00 per share, with a performance target of achieving a growth rate in express delivery volume not less than the industry average[43].