Commodity City released the third quarter report for 2024.
In the first three quarters of 2024, the Commodity City achieved operating income of 10.613 billion yuan, an increase of 34.25% year-on-year; the net profit was 2.332 billion yuan, an increase of 0.53% year-on-year; The net profit attributable to the parent company was 2.329 billion yuan, an increase of 0.53% year-on-year.
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Revenue increased by 34.25% year-on-year, and net profit attributable to the parent company increased by 0.53% year-on-year
In the first three quarters of 2024, the total operating income of the Commodity City was 10.613 billion yuan, an increase of 34.25% year-on-year; the net profit attributable to the parent company was 2.329 billion yuan, an increase of 0.53% year-on-year; The net profit attributable to the parent company after deducting non-profits was 2.283 billion yuan, an increase of 6.12% year-on-year.
In the first three quarters of 2024, the R&D expenses of the Commodity City will be 18 million yuan, an increase of 12.56% year-on-year. The company's R&D expenses accounted for 0.17% of revenue, a year-on-year decrease of 0.03 percentage points.
In a single quarter, the Commodity City achieved revenue of 3.847 billion yuan in the third quarter, a decrease of 5.83% from the previous quarter and a year-on-year increase of 40.17%. From the perspective of profitability, the company achieved a net profit attributable to the parent company of 881 million yuan in the third quarter, an increase of 19.86% month-on-month and a year-on-year increase of 176.73%.
Operating cash flow increased by 21.53% year-on-year
According to the third quarter report of 2024, the company's net operating cash flow during the period was 453 million yuan, an increase of 21.53% year-on-year from 372 million yuan in the same period last year.
The net operating cash flow of Commodity City in the third quarter was 338 million yuan, an increase of 47.58% year-on-year.
The inventory was 995 million yuan, and the total debt decreased by 3.44% year-on-year
At the end of the third quarter of 2024, the total liabilities of the Commodity City were 16.074 billion yuan, a year-on-year decrease of 3.44%.
The asset-liability ratio of the Commodity City was 44.78%, compared with 48.99% in the same period last year, a year-on-year decrease of 4.22 percentage points.
As of the end of the third quarter of 2024, the company's inventory was 995 million yuan, a year-on-year decrease of 15.85%.
(Article Serial Number: 1845911085325094912/PLH.)
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