长久物流，24年Q3点评，探索智能调度，促进物流降本增效

Investment Rating - The report maintains an "Accumulate" rating for the company [3] Core Views - The company is a leading modern service provider in the automotive logistics industry, focusing on comprehensive logistics solutions for the automotive sector [2] - The company has three main business segments: Complete Vehicle Division, International Division, and New Energy Division, with the Complete Vehicle Division being the core business [2] - Recent strategic partnerships with technology firms aim to leverage data for optimizing logistics costs and enhancing efficiency [3] Financial Summary - For the first three quarters of 2024, the company reported revenue of 2.91 billion yuan, a year-on-year increase of 1.79% [1] - The net profit attributable to shareholders was 61 million yuan, a year-on-year decrease of 31.89% [1] - The gross profit margin improved to 11.48%, an increase of 0.31 percentage points compared to the previous year [1] - As of the end of the reporting period, accounts receivable stood at 1.269 billion yuan, with cash and cash equivalents at 551 million yuan, and a debt-to-asset ratio of 47.78% [1] - The company expects revenue growth to reach 3.783 billion yuan in 2024, with a year-on-year growth of 4.5% [5]