Financial Performance - Total turnover for the nine months ended September 30, 2022, was approximately RMB 2,193,342,000, representing a decrease of approximately 3.85% compared to RMB 2,281,183,000 in the corresponding period of 2021[9] - Gross profit for the same period was approximately RMB 107,539,000, a decrease of approximately 20.39% from RMB 135,087,000 in the previous year[9] - Gross profit margin decreased to approximately 4.9%, down by approximately 1.02 percentage points from 5.92% in the corresponding period last year[9] - Profit attributable to owners of the Company was approximately RMB 15,128,000, reflecting a decrease of approximately 36.85% compared to RMB 23,954,000 in the same period of 2021[9] - Earnings per share for the nine months was RMB 4.3 cents, down from RMB 6.8 cents in the corresponding period of 2021[9] - Operating profit for the period was RMB 43,178,000, significantly lower than RMB 74,402,000 in the previous year[16] - Profit before income tax was RMB 63,323,000, compared to RMB 87,347,000 in the same period last year[16] - Total comprehensive income for the period was RMB 43,384,000, down from RMB 60,994,000 in the previous year[16] - Revenue for the nine months ended 30 September 2022 was RMB 2,204,254, a slight decrease from RMB 2,296,368 in the same period of 2021, representing a decline of approximately 4%[31] - Profit for the period attributable to owners of the Company was RMB 15,128 for the nine months ended 30 September 2022, down from RMB 23,954 in the same period of 2021, indicating a decrease of about 37%[48] Expenses and Costs - Administrative expenses for the period were RMB 39,746,000, compared to RMB 45,223,000 in the previous year[16] - Total cost of sales and administrative expenses for the nine months ended 30 September 2022 was RMB 2,125,549, compared to RMB 2,191,319 in 2021, reflecting a reduction of approximately 3%[37] - Depreciation and amortisation expenses for the nine months ended 30 September 2022 were RMB 23,777, a decrease from RMB 25,362 in the same period of 2021[37] - Finance costs for the nine months ended 30 September 2022 amounted to RMB 14,557, compared to RMB 14,567 in the same period of 2021, indicating a slight decrease[31] - The income tax expense for the nine months ended 30 September 2022 was RMB 19,939, compared to RMB 26,353 in the same period of 2021, showing a decrease of approximately 24%[42] Segment Performance - Segment results showed a loss of RMB 62,198 for the logistics and supply chain services segment for the nine months ended 30 September 2022, compared to a profit of RMB 52,112 in the same period of 2021[34] - The logistics and supply chain services for finished automobiles and components recorded an increase compared to the corresponding period last year, while materials procurement and related logistics services experienced a decrease[55] - The operating revenue for materials procurement and related logistics services was RMB 1,135,831,000, a decrease of RMB 90,207,000 or 7.36% compared to the same period last year[69] - The operating revenue from logistics and supply chain services for electronic components was RMB 768,639,000, an increase of RMB 87,425,000 or 12.83% compared to the same period last year[72] - Cold chain logistics services generated operating revenue of RMB 193,764,000, reflecting an increase of RMB 28,851,000 or 17.49% compared to the same period last year[72] Shareholder Information - Chia Tai Pharmaceutical Investment (Beijing) Co., Ltd. holds 77,303,789 domestic shares, representing 30.19% of the company's total issued share capital[89] - Chia Tai Land Company Limited owns 28,344,960 domestic shares, accounting for approximately 11.07% of the total issued share capital[89] - Tianjin TEDA Investment Holding Co., Ltd. is the beneficial owner of 150,420,051 domestic shares, which is 58.74% of the company's total issued share capital[89] - Tianjin Port Development Holdings Limited holds 20,000,000 H shares, representing 20.36% of the total issued share capital[89] - Hongkong Topway Trading Co., Limited owns 10,000,000 H shares, accounting for 10.18% of the total issued share capital[89] Corporate Governance - Following the resignation of Ms. Peng Bo on September 15, 2022, there are no female directors in the Company, failing to meet the requirement of Rule 17.104 of the GEM Listing Rules[94] - The audit committee currently comprises independent non-executive Directors, including Mr. Cheng Xinsheng (Chairman), who has relevant professional qualifications and financial experience[98] - The Company has complied with the Corporate Governance Code throughout the Reporting Period, except for the deviation regarding the separation of roles between the Chairman and the CEO[93] - The Board will continue to review the effectiveness of the corporate governance structure and may separate the roles of Chairman and President when appropriate[93] - The Company will endeavor to appoint suitable female director(s) as soon as practicable according to the GEM Listing Rules[94] Future Outlook - The Group plans to focus on budget control, strengthen cost reduction, and efficiency improvement measures while actively exploring new businesses and adjusting the revenue structure[74] - The uncertain global political and economic situation, including the ongoing Russia-Ukraine conflict and pandemic outbreaks, has put pressure on domestic and global post-pandemic recovery[72] - The Group aims to minimize the adverse effects of the decline in automobile logistics business by continuing to develop logistics and supply chain services for electronic components[74] - The Group is confident in overcoming current difficulties and achieving high-quality development despite substantial downward pressure on the domestic economy[75]
滨海泰达物流(08348) - 2022 - 中期财报