Healthcare (603313)2024-10-30 09:21Financial Performance - Revenue for the third quarter of 2024 was RMB 2,179,019,702.72, a year-on-year increase of 3.04%[2] - Net profit attributable to shareholders of the listed company for the third quarter of 2024 was RMB -205,574,524.47, a year-on-year decrease of 1,442.35%[2] - Revenue from the beginning of the year to the end of the reporting period was RMB 6,125,698,687.98, a year-on-year increase of 7.18%[2] - Net profit attributable to shareholders of the listed company from the beginning of the year to the end of the reporting period was RMB -152,982,600.41, a year-on-year decrease of 235.47%[2] - Total operating revenue for the first three quarters of 2024 reached 6,125,698,687.98 yuan, a 7.18% increase compared to 5,715,461,516.09 yuan in the same period of 2023[17] - Operating costs for the first three quarters of 2024 were 3,845,033,540.03 yuan, up 5.98% from 3,628,041,247.21 yuan in the same period of 2023[17] - Net profit for the first three quarters of 2024 was -166,481,773.08 yuan, a significant decline from 126,717,884.08 yuan in the same period of 2023[18] - Sales revenue from goods and services in the first three quarters of 2024 reached 6,237,267,045.48 yuan, an 8.58% increase from 5,744,293,746.23 yuan in the same period of 2023[19] - Basic earnings per share for the third quarter of 2024 was RMB -0.36, a year-on-year decrease of 1,300.00%[2] - Basic earnings per share for the first three quarters of 2024 were -0.27 yuan, compared to 0.23 yuan in the same period of 2023[18] - Total comprehensive income for the first three quarters of 2024 was -133,248,047.45 yuan, a sharp decline from 146,056,115.61 yuan in the same period of 2023[18] Assets and Liabilities - Total assets at the end of the reporting period were RMB 9,930,304,734.81, a year-on-year decrease of 1.34%[3] - Equity attributable to shareholders of the listed company at the end of the reporting period was RMB 3,755,695,704.38, a year-on-year decrease of 3.31%[3] - Total assets decreased to 99.30 billion RMB from 100.66 billion RMB compared to the end of 2023[14][16] - Current assets decreased to 45.74 billion RMB from 47.17 billion RMB, with a significant drop in monetary funds from 1.10 billion RMB to 813.81 million RMB[13][14] - Non-current assets slightly increased to 53.56 billion RMB from 53.49 billion RMB, with a notable increase in long-term equity investments to 55.97 million RMB[14] - Total liabilities decreased to 61.07 billion RMB from 61.18 billion RMB, with a reduction in short-term borrowings to 1.89 billion RMB from 1.62 billion RMB[14][15] - Shareholders' equity decreased to 38.23 billion RMB from 39.47 billion RMB, with a decline in undistributed profits to 629.45 million RMB from 782.43 million RMB[15][16] - Inventory increased to 1.80 billion RMB from 1.72 billion RMB, indicating a buildup in stock[13] - Accounts receivable decreased to 1.48 billion RMB from 1.55 billion RMB, suggesting improved collection efficiency[13] - Prepayments increased to 101.10 million RMB from 89.96 million RMB, reflecting higher advance payments[13] - Fixed assets decreased to 2.36 billion RMB from 2.46 billion RMB, indicating potential asset disposals or depreciation[14] - Long-term liabilities decreased to 1.68 billion RMB from 1.80 billion RMB, with a reduction in long-term borrowings to 68.72 million RMB from 119.49 million RMB[15] Cash Flow - Cash flow from operating activities for the period was RMB 293,675,598.46, a year-on-year decrease of 22.92%[2] - Net cash flow from operating activities for the first three quarters of 2024 was 505,658,913.53 yuan, a 37.39% decrease compared to 807,710,705.35 yuan in the same period of 2023[19] - Cash paid for goods and services in the first three quarters of 2024 was 3,749,007,187.65 yuan, a 21.69% increase from 3,080,511,358.05 yuan in the same period of 2023[19] - Investment activities cash inflow totaled 12,921,979.13, while cash outflow was 376,505,026.14, resulting in a net cash flow from investment activities of -363,583,047.01[20] - Financing activities cash inflow was 2,500,400,958.18, with cash outflow at 3,003,991,946.81, leading to a net cash flow from financing activities of -503,590,988.63[20] - The company's cash and cash equivalents decreased by 348,178,819.52, with the ending balance at 641,859,200.29[20] - The company received 45,000,000.00 from minority shareholders of subsidiaries as part of investment absorption[20] - Debt repayment amounted to 2,383,131,700.85, while interest and dividend payments totaled 101,925,163.88[20] - The company's initial cash and cash equivalents balance was 990,038,019.81, decreasing to 641,859,200.29 by the end of the period[20] - The impact of exchange rate changes on cash and cash equivalents was 13,336,302.59[20] Shareholders and Ownership - The company's largest shareholder, Ni Zhanggen, holds 193,831,195 shares, accounting for 33.97% of the total shares[9] - The company's second-largest shareholder, Zhongyue Capital Management Co., Ltd., holds 52,380,000 shares, accounting for 9.18% of the total shares[9] - The company's third-largest shareholder, Huatai Securities Asset Management, holds 26,518,615 shares, accounting for 4.65% of the total shares[9] - The company's fourth-largest shareholder, Wu Xiaofeng, holds 22,157,552 shares, accounting for 3.88% of the total shares[9] - The company's fifth-largest shareholder, Guangdong Dehui Investment Management Co., Ltd., holds 4,465,294 shares, accounting for 0.78% of the total shares[9] - The company's sixth-largest shareholder, Liu Dongmei, holds 4,450,000 shares, accounting for 0.78% of the total shares[9] - The company's seventh-largest shareholder, Industrial Bank Co., Ltd., holds 4,289,840 shares, accounting for 0.75% of the total shares[9] - The company's eighth-largest shareholder, CITIC Securities Co., Ltd., holds 3,698,142 shares, accounting for 0.65% of the total shares[9] - The company's ninth-largest shareholder, Hong Kong Securities Clearing Company Ltd., holds 3,208,709 shares, accounting for 0.56% of the total shares[9] - The company's tenth-largest shareholder, Guangdong Dehui Investment Management Co., Ltd., holds 3,008,794 shares, accounting for 0.53% of the total shares[9] Non-Recurring Items and Impairments - Non-recurring gains and losses for the period amounted to RMB 7,665,632.64[5] - The significant decrease in net profit was mainly due to large credit impairment losses and the impact of RMB appreciation, which turned exchange gains from the previous year into exchange losses this year[6] - Credit impairment losses for the first three quarters of 2024 were -300,961,868.64 yuan, a significant increase from -37,946,116.64 yuan in the same period of 2023[17] Research and Development - R&D expenses increased to 97,631,265.31 yuan in the first three quarters of 2024, an 18.62% rise from 82,301,362.87 yuan in the same period of 2023[17] Accounting and Financial Statements - The company did not adjust its financial statements for the first time in 2024 due to new accounting standards[21]