CCEG(600697)2024-10-28 09:35Financial Performance - The company's operating revenue for Q3 2024 was ¥1,821,060,278.64, a decrease of 0.69% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥3,393,187.34, down 24.64% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥1,968,785.62, an increase of 38.33% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.02, a decrease of 33.33% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 5,474,619,620.40, slightly up from CNY 5,470,732,152.24 in the same period of 2023[12] - Operating profit for the first three quarters of 2024 was CNY 206,512,421.15, compared to CNY 200,028,313.90 in 2023, reflecting a growth of approximately 3.7%[12] - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 17,677,852.23, an increase from CNY 16,767,584.58 in 2023[13] - The company reported a net profit of CNY 114,710,104.96 for the first three quarters of 2024, compared to CNY 112,957,785.31 in the same period of 2023, showing a growth of approximately 1.5%[12] - The total comprehensive income for the first three quarters of 2024 was CNY 114,755,720.63, compared to CNY 112,882,839.02 in 2023, reflecting an increase of about 1.7%[13] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥19,809,810,327.25, a decrease of 3.99% from the end of the previous year[3] - The company's equity attributable to shareholders at the end of Q3 2024 was ¥2,338,092,709.83, a slight increase of 0.01% from the end of the previous year[3] - Total liabilities decreased to CNY 15,563,741,200.08 in Q3 2024 from CNY 16,349,137,097.90 in Q3 2023, indicating a reduction of approximately 4.8%[11] - Current liabilities totaled CNY 13,733,458,128.45, down from CNY 14,840,449,689.59 in the previous year, a decrease of about 7.5%[11] - The company's total assets decreased to ¥12,488,775,014.95 as of September 30, 2024, from ¥12,658,742,786.54 at the end of 2023, reflecting a decline of 1.34%[15] - The total liabilities decreased to ¥10,448,628,133.49 from ¥10,735,456,846.67, indicating a reduction of 2.68%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥666,153,339.29, down 57.42% compared to the same period last year[2] - In the first three quarters of 2024, the company's net cash flow from operating activities was ¥666,153,339.29, a decrease of 57.6% compared to ¥1,564,362,908.52 in the same period of 2023[14] - The company reported a net cash outflow from investing activities of ¥305,182,387.26, compared to a smaller outflow of ¥224,433,512.35 in the same period last year[14] - The company’s total cash inflow from financing activities was CNY 2,488,335,470.00, down from CNY 3,187,362,630.68 in the previous year[18] - The net cash outflow from financing activities was CNY -679,794,475.98, an improvement compared to CNY -1,597,701,658.63 in the same period last year[19] - The company’s total operating cash inflow decreased to CNY 4,138,071,656.56 from CNY 5,109,828,447.22 in the previous year, reflecting a decline of approximately 19%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,618, with the largest shareholder holding 24.54% of the shares[8] - The largest shareholder, Changchun Automotive City Commercial Co., Ltd., held 39,045,996 shares, which is 24.54% of the total shares[8] Government Subsidies - The company received government subsidies totaling ¥24,005,726.89, primarily from its supermarket chain subsidiary[4] Inventory and Current Assets - The company's current assets totaled approximately CNY 3.63 billion, down from CNY 4.03 billion at the end of 2023, indicating a decrease of around 9.9%[10] - Cash and cash equivalents were reported at approximately CNY 816.95 million, a decrease of about 22.1% from CNY 1.05 billion at the end of 2023[10] - Inventory levels decreased to approximately CNY 2.39 billion from CNY 2.48 billion, representing a decline of about 3.9%[10] - The company’s inventory increased to ¥268,568,488.85 from ¥253,184,735.30, reflecting a rise of 6.1%[15] Financial Ratios - The weighted average return on equity for Q3 2024 was 0.15%, a decrease of 0.05 percentage points year-on-year[2] - The company's financial expenses for the first three quarters of 2024 were CNY 319,987,136.30, a slight decrease from CNY 333,679,788.55 in 2023[12] - Financial expenses decreased to CNY 160,901,725.40 from CNY 179,537,074.87, indicating a reduction of approximately 10.4%[17] - Basic earnings per share remained stable at CNY 0.11 for both 2024 and 2023[13] - The company's basic and diluted earnings per share increased to CNY 0.84, compared to CNY 0.70 in the same period last year, reflecting a growth of 20%[17] Other Information - The total non-recurring gains and losses for the year-to-date amounted to ¥5,361,972.96, down from ¥13,883,882.66 in the previous year[5] - The company reported a significant increase in other receivables, which rose to approximately CNY 141.84 million from CNY 112.64 million, marking an increase of about 25.9%[10] - There are no significant new strategies or product developments mentioned in the report for the upcoming quarters[9] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities compared to the previous period[9]