CCSC(601375)2024-10-30 12:41Financial Performance - Operating revenue for Q3 2024 was CNY 93,701,464.79, a decrease of 78.28% compared to the same period last year[2] - Net profit attributable to shareholders was a loss of CNY 38,095,532.80, representing a decline of 193.97% year-on-year[2] - Net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 54,443,386.76, down 241.05% from the previous year[2] - Basic and diluted earnings per share were both CNY -0.0082, a decrease of 194.25% compared to the same period last year[2] - The company experienced a significant decrease in operating income primarily due to reduced investment income and fair value changes[7] - Total operating revenue for the first three quarters of 2024 was CNY 1,292,372,031.84, a decrease of 12.5% compared to CNY 1,477,099,253.79 in the same period of 2023[15] - Operating profit for the first three quarters of 2024 was CNY 130,631,054.15, compared to CNY 205,327,868.52 in 2023, representing a decline of 36.4%[15] - The total profit for the third quarter of 2024 was approximately CNY 143.47 million, a decrease from CNY 206.46 million in the same period of 2023, representing a decline of about 30.5%[16] - The net profit attributable to shareholders of the parent company was CNY 163.17 million, down from CNY 207.82 million year-on-year, reflecting a decrease of approximately 21.5%[16] - The comprehensive income attributable to shareholders of the parent company totaled CNY 164.20 million, compared to CNY 215.72 million in the previous year, indicating a decline of around 23.8%[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 51,671,270,746.01, a slight decrease of 0.06% from the end of the previous year[3] - Total assets as of the end of Q3 2024 were CNY 51,671,270,746.01, slightly down from CNY 51,701,683,772.46 at the end of 2023[14] - Total liabilities decreased to CNY 37,469,499,524.37 from CNY 37,551,184,086.55, a reduction of 0.2%[14] - Shareholders' equity increased to CNY 14,201,771,221.64 from CNY 14,150,499,685.91, reflecting a growth of 0.4%[14] Cash Flow - The net cash flow from operating activities was CNY 5.22 billion, a significant improvement compared to a net outflow of CNY 1.19 billion in the same period last year[17] - The total cash and cash equivalents at the end of the period reached CNY 20.19 billion, an increase from CNY 12.66 billion at the end of the third quarter of 2023, representing a growth of approximately 59.3%[18] - The cash inflow from financing activities was CNY 6.00 billion, while the cash outflow was CNY 4.60 billion, resulting in a net cash flow of CNY 1.40 billion from financing activities[17] - The company received CNY 1.43 billion in interest, fees, and commissions during the quarter, slightly up from CNY 1.43 billion in the same period last year[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 123,202, with the largest shareholder holding 25.74% of the shares[8] - As of September 30, 2024, Henan Investment Group Co., Ltd. holds a total of 1,023,556,847 shares, representing 22.05% of the company's total issued shares[11] - The top 10 shareholders include Anshan Iron and Steel Group Co., Ltd. with 177,514,015 shares (3.82%) and Jiangsu Suhao Holding Group Co., Ltd. with 149,864,507 shares (3.23%) as of September 30, 2024[10] - The total number of shares held by the top 10 unrestricted shareholders amounts to 1,195,156,550 shares, with Hong Kong Central Clearing Limited being the largest holder[10] - The company has not reported any significant changes in the shareholding structure of the top 10 shareholders compared to the previous period[12] - The report indicates that there are no changes in the lending and borrowing of shares among the top shareholders compared to the previous period[11] Non-Recurring Gains and Other Information - The company reported non-recurring gains of CNY 5,986,499.61 from government subsidies during the reporting period[5] - The company reported a net decrease in trading financial instruments amounting to CNY 6.03 billion during the quarter[17] - The financial statements as of September 30, 2024, are unaudited, indicating that the company is still in the process of finalizing its financial results for the quarter[12] - The report does not indicate any new strategies or market expansions during the quarter[12] - There are no significant reminders or additional important information regarding the company's operational performance during the reporting period[12] - The company has not disclosed any new product or technology developments in the current report[12] Investment Income - Net interest income increased to CNY 122,982,456.75 from CNY 106,943,845.02, reflecting a growth of 15.5% year-over-year[15] - Investment income rose to CNY 899,787,556.26, up from CNY 754,765,091.74, marking an increase of 19.2% year-over-year[15] Market Presence and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge in the financial services sector[19]