Financial Performance - Operating revenue for Q3 2024 was CNY 4,034,308,958.63, a decrease of 28.03% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was CNY -1,612,549,669.65, representing a decline of 403.05% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was CNY -1,513,452,569.03, down 406.69% from the previous year[3] - Basic earnings per share for Q3 2024 was CNY -0.12, a decrease of 400.00% compared to the same period last year[3] - The net profit attributable to shareholders for the year-to-date period was CNY -659,452,300.81, down 115.12% year-on-year[3] - Total operating income for the first three quarters of 2024 was CNY 12,899,066,794.31, a decrease from CNY 22,573,794,437.97 in the same period of 2023, representing a decline of approximately 42.9%[19] - Net profit for the first three quarters of 2024 was a loss of CNY 211,670,066.72, compared to a profit of CNY 4,514,382,251.78 in 2023, indicating a significant downturn[20] - The company reported a loss attributable to shareholders of CNY 659,452,300.81 for the first three quarters of 2024, compared to a profit of CNY 4,361,744,499.35 in the same period of 2023[20] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 693,237,322,492.14, reflecting an 8.13% decrease from the end of the previous year[4] - Total assets amounted to CNY 693.24 billion, a decrease of 8.12% from CNY 754.59 billion on December 31, 2023[16] - Total liabilities decreased to CNY 523.75 billion from CNY 579.79 billion, a reduction of 9.66%[18] - Total liabilities decreased to ¥306.74 billion from ¥344.24 billion at the end of 2023[24] - The total liabilities and equity amounted to ¥468,461,072,632.41, a decrease from ¥497,510,462,955.19 in the previous year[26] Cash Flow - The net cash flow from investment activities increased significantly by 221.70% to ¥19,183,680,544.56 compared to ¥5,963,183,793.20 in the previous year[8] - In the first three quarters of 2024, the net cash flow from operating activities was ¥46.69 billion, a significant improvement compared to a net outflow of ¥21.56 billion in the same period of 2023[21] - The cash flow from operating activities totaled ¥102.81 billion in the first three quarters of 2024, compared to ¥46.25 billion in the same period of 2023[21] - Net cash flow from operating activities was CNY 16.51 billion, compared to a negative CNY 30.82 billion in the first three quarters of 2023[30] - Cash inflow from investment activities totaled CNY 65.38 billion, up from CNY 26.13 billion year-over-year[31] - Net cash flow from financing activities showed a net outflow of ¥43.90 billion, worsening from a net outflow of ¥11.73 billion in the same period last year[22] - Net cash flow from financing activities was negative CNY 16.24 billion, contrasting with a positive CNY 4.74 billion in 2023[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 230,977, with 142 being H-share holders[9] - The largest shareholder, Hong Kong Central Clearing (Agent) Co., Ltd., holds 3,409,058,956 shares, representing 26.09% of the total shares[9] - Shanghai Guosheng (Group) Co., Ltd. is the second-largest shareholder with 862,489,059 shares, accounting for 6.60%[9] Other Financial Metrics - The liquidity coverage ratio improved to 474.47% from 223.69% year-on-year[4] - The company reported a total of CNY -99,097,100.62 in non-recurring gains and losses for the current period[5] - The weighted average return on net assets for Q3 2024 was -0.99%, a decrease of 0.58 percentage points compared to the previous year[4] - The company reported a significant drop in derivative financial assets, which fell to CNY 1.52 billion from CNY 2.28 billion, a decrease of 33.06%[16] - The company’s financial investments in trading assets decreased to CNY 182.65 billion from CNY 221.27 billion, a decline of 17.43%[16] - The company’s long-term receivables decreased to CNY 71.93 billion from CNY 79.52 billion, a reduction of 9.73%[16] - The company reported a decrease in other comprehensive income, improving from -¥1,304,576,076.39 to -¥637,885,794.45[8] - Other comprehensive income after tax for the first three quarters of 2024 was CNY 475,932,695.94, slightly up from CNY 459,939,292.63 in 2023[20] Business Operations - The company is planning a merger with Guotai Junan Securities, pending necessary internal approvals and regulatory clearance[14] - The cash flow from financing activities showed a significant outflow of -¥43,901,395,392.15, compared to -¥11,731,752,271.66 in the previous period[8]
海通证券(06837) - 2024 Q3 - 季度业绩