Jiangxi Changyun(600561)2024-10-25 08:07Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥384.65 million, a decrease of 0.21% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was a loss of approximately ¥1.71 million, while the net profit for the year-to-date period was approximately ¥2.39 million[2]. - The company reported a decrease in operating income due to reduced business volume in road freight and vehicle sales, leading to a year-to-date revenue decline of approximately ¥39.37 million[5]. - Total operating revenue for the first three quarters of 2024 was CNY 1,099,531,996.88, a decrease of 3.5% compared to CNY 1,138,897,561.88 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 was CNY 6,489,924.28, a significant recovery from a net loss of CNY 43,715,122.43 in the same period of 2023[14]. - The company reported a profit before tax of CNY 19,088,353.99, compared to a loss before tax of CNY 32,931,793.18 in the previous year[13]. - The total comprehensive income for the first three quarters of 2024 was CNY 6,465,120.79, a recovery from a loss of CNY 43,715,122.43 in the same period of 2023[14]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period decreased by 30.24% to approximately ¥198.45 million[5]. - Cash flow from operating activities generated a net inflow of CNY 198,446,083.94, down from CNY 284,485,472.68 in the first three quarters of 2023[15]. - The company achieved a total cash inflow from operating activities of CNY 1,754,399,714.22, compared to CNY 1,892,199,167.67 in the same period last year[15]. - Cash outflow from investment activities totaled 167,283,313.53 in the previous period, indicating an increase of approximately 6.6%[16]. - Net cash flow from investment activities was -149,705,445.36 in the prior period[16]. - Cash inflow from financing activities amounted to 1,202,000,000.00, reflecting a growth of about 15.4%[16]. - Cash outflow from financing activities decreased to 1,480,486,075.51, showing a reduction of approximately 19.9%[16]. - Net cash flow from financing activities was 278,486,075.51 in the previous period[16]. - The net increase in cash and cash equivalents was 143,706,048.19 in the prior period[16]. - The ending balance of cash and cash equivalents reached 259,571,546.05, marking an increase of approximately 80.1%[16]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥4.66 billion, an increase of 5.33% compared to the end of the previous year[3]. - The equity attributable to shareholders at the end of the reporting period was approximately ¥908.60 million, reflecting a slight increase of 1.17% from the previous year[3]. - The company's current assets totaled CNY 975.47 million, up from CNY 669.15 million, indicating a significant increase of approximately 45.7%[10]. - Total liabilities rose to CNY 3.53 billion from CNY 3.28 billion, marking an increase of approximately 7.7%[12]. - The company's short-term borrowings increased to CNY 1.61 billion from CNY 1.38 billion, which is an increase of about 16.5%[11]. - The total equity attributable to shareholders reached CNY 908.60 million, up from CNY 898.12 million, showing a slight increase of about 1.4%[12]. - The company's long-term borrowings decreased to CNY 61.40 million from CNY 85.25 million, a reduction of approximately 28.0%[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,699, with the largest shareholder being Jiangxi Changyun Group Co., Ltd., holding 23.09% of shares[6]. - The company has not disclosed any significant changes in shareholder participation in margin financing or securities lending activities during the reporting period[9]. Cost Management - The company has implemented strict cost and expense control measures to mitigate the impact of declining revenue on profitability[5]. - Total operating costs decreased to CNY 1,422,497,422.51, down 4.4% from CNY 1,487,065,065.75 year-over-year[13]. - The company reported a decrease in sales expenses to CNY 5,320,201.76, down from CNY 6,180,778.22 year-over-year[13]. Earnings Per Share - The basic earnings per share for the year-to-date period was -¥0.01, compared to ¥0.01 in the same period last year[3]. - Earnings per share for the first three quarters of 2024 were CNY 0.01, recovering from a loss of CNY 0.14 per share in the same period of 2023[14]. Non-Recurring Items - Non-recurring gains and losses for the current period totaled approximately ¥24.03 million, with government subsidies contributing approximately ¥5.54 million[4].