Financial Performance - The company achieved operating revenue of CNY 205.49 million in Q3 2024, representing a year-on-year increase of 17.96%[7] - Net profit attributable to shareholders was CNY 60.84 million in Q3 2024, up 6.85% year-on-year[9] - The cumulative operating revenue for the first three quarters reached CNY 533.77 million, reflecting an 18.09% increase compared to the same period last year[7] - The revenue from smart traffic electronic toll collection business was CNY 114.32 million in Q3 2024, accounting for 55.64% of total revenue, with a year-on-year growth of 4.04%[7] - Total operating revenue for the current period reached ¥533,774,282.51, an increase of 18.1% compared to ¥451,991,547.48 in the previous period[23] - Operating profit for the current period was ¥181,727,484.86, up from ¥168,988,319.58, reflecting a growth of 7.3%[24] - Net profit attributable to shareholders of the parent company was ¥167,112,217.28, compared to ¥155,328,322.31 in the previous period, marking an increase of 7.4%[24] - Basic and diluted earnings per share both improved to ¥0.4106 from ¥0.3816, representing a growth of 7.4%[25] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net cash flow of CNY -73.61 million, a decrease of 18,447.58% year-on-year[6] - Cash flow from operating activities showed a drastic decline of 18447.58% to CNY -73,610,620.61 compared to CNY 401,200.61 in the previous period[12] - Cash inflow from operating activities for the current period was ¥36,426,900,358.74, a decrease of 2.8% compared to ¥37,472,844,898.65 in the previous period[26] - The net cash outflow from operating activities was ¥73,610,620.61, contrasting with a net inflow of ¥401,200.61 in the previous period[26] - The total cash outflow from operating activities was ¥36,500,510,979.35, compared to ¥37,472,443,698.04 in the previous period, indicating a decrease of 2.6%[26] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 5.48 billion, a decrease of 0.83% from the end of the previous year[2] - The total current assets decreased from 3,755,600,119.98 to 3,177,317,364.40, a reduction of approximately 15.3%[21] - The total liabilities decreased from 5,525,999,310.88 to 5,480,113,618.65, a decrease of approximately 0.8%[21] - Total liabilities decreased to ¥2,739,430,831.81 from ¥2,836,548,135.98, a reduction of 3.4%[22] - The company reported a significant increase in accounts receivable, which rose by 51.87% to CNY 224.26 million due to increased operating revenue[10] - The accounts receivable increased from 147,668,114.00 to 224,257,908.59, an increase of approximately 52%[20] - The inventory increased from 85,511,599.05 to 118,451,280.28, representing a growth of about 38.5%[21] Equity and Shareholder Information - The company’s equity attributable to shareholders increased by 1.96% to CNY 2.67 billion compared to the end of the previous year[2] - The total number of ordinary shareholders at the end of the reporting period was 15,443, with the largest shareholder, Jiangsu Transportation Holding Co., Ltd., holding 48.46% of shares[13] - Jiangsu Expressway Network Operation Management Co., Ltd. held 20.77% of shares, making it the second-largest shareholder[13] - The total number of restricted shares at the end of the period is 294,480,322, with no shares released or added during the current period[15] Expenses and Financial Management - The gross profit margin for the main business was 51.70%, slightly down from 53.16% in the previous year[8] - Employee compensation payable decreased by 62.63% to CNY 8,942,950.72 compared to CNY 23,932,581.05 in the previous period[11] - Tax payable decreased by 33.60% to CNY 10,172,493.02 from CNY 15,320,335.75 in the previous period[11] - Financial expenses decreased by 63.15% to CNY -12,306,307.37 from CNY -33,398,931.90 in the previous period[12] - The total cost of operations for the current period was ¥393,420,463.82, an increase of 24.0% from ¥317,192,573.43 in the previous period[23] - Research and development expenses increased to ¥40,017,716.12, up 15.5% from ¥34,702,910.89 in the previous period, indicating a focus on innovation[24] Future Outlook and Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24] - The company completed the initial grant registration of the 2024 restricted stock incentive plan, granting 7,523,800 shares to 124 individuals, with the listing date on July 30, 2024[18] - The company received approval from the Jiangsu Provincial State-owned Assets Supervision and Administration Commission for the 2024 restricted stock incentive plan[16] - The company appointed a new vice president and nominated a non-independent director candidate during the board meeting on August 28, 2024[19]
通行宝(301339) - 2024 Q3 - 季度财报