Changjiu Logistics(SH:603569)2024-11-01 10:12Financial Performance - The company's revenue for the first three quarters of 2024 was 2.91 billion CNY, an increase of 1.79% compared to the same period last year [1] - The net profit attributable to shareholders was 61.17 million CNY, a decrease of 31.89% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 65.07 million CNY, down 28.30% year-on-year [1] - The gross profit margin was 11.48%, an increase of 0.31 percentage points compared to the previous year [1] - As of the end of September, accounts receivable amounted to 1.269 billion CNY, and cash and cash equivalents were 555 million CNY [1] - The asset-liability ratio stood at 47.78% [1] - The net operating cash flow for the first three quarters was 168 million CNY [1] Business Segments - The company operates three main business segments: Complete Vehicle Division, International Division, and New Energy Division [2] - The Complete Vehicle Division includes vehicle transportation and supporting services, which is the primary source of revenue [2] - The International Division provides comprehensive transportation solutions, including full container and less-than-container load shipping, warehousing, and customs services [2] - The New Energy Division focuses on logistics and storage services for the automotive supply chain, including battery recycling and reverse logistics [2] New Developments - The company acquired a new roll-on/roll-off ship named "Jiu Yang Long," capable of carrying 6,200 vehicles, with a total deck area of approximately 52,000 square meters [2] - A new subsidiary, "Mexico Changjiu," was established in Mexico City to expand vehicle transportation services in the Americas [3] - The company has completed four data asset registrations and launched three related data products, aiming to enhance digital transformation in the automotive industry [3]