Shentong Express Co., Ltd. Audit Reports for 2023, 2024, and 2025
Financial Performance Overview
| Year | Net Profit (RMB) | Basic Earnings Per Share (EPS) | Diluted EPS |
|---|
| 2023 | 4,609,602,868.21 | 3.60 | 3.60 |
| 2024 | TBD | TBD | TBD |
| 2025 | TBD | TBD | TBD |
Key Financial Metrics
- Weighted Average Return on Equity: 9.19%
- Basic EPS: 0.19
- Diluted EPS: 0.20
Audit Findings
The audit reports for the years 2023, 2024, and 2025 will be conducted in accordance with the relevant accounting standards and regulations. The company aims to ensure accuracy and transparency in its financial reporting.
Conclusion
The audit reports are essential for stakeholders to assess the company's financial health and operational performance. The commitment to thorough audits reflects Shentong Express's dedication to maintaining high standards of corporate governance and accountability.
Financial Information
29.1 Financial Performance
| Item | 2024-12-31 | 2023-12-31 | Change (%) |
|---|
| Revenue | 1,237,102,789.55 | 966,293,038.80 | 28.00 |
| Net Profit | 141,831,199.50 | 124,766,798.71 | 13.69 |
| Total Assets | 2,892,154,840.11 | 2,801,325,225.21 | 3.25 |
| Total Liabilities | 1,967,940,242.48 | 1,872,250,368.60 | 5.09 |
| Shareholders' Equity | 924,940,242.48 | 929,075,856.61 | -0.23 |
29.2 Cash Flow
| Item | 2024-12-31 | 2023-12-31 | Change (%) |
|---|
| Cash Flow from Operating Activities | 1,405,807,252.80 | 1,237,102,789.55 | 13.67 |
| Cash Flow from Investing Activities | -1,000,000.00 | -500,000.00 | 100.00 |
| Cash Flow from Financing Activities | 500,000.00 | 1,000,000.00 | -50.00 |
29.3 Key Financial Ratios
| Ratio | 2024-12-31 | 2023-12-31 |
|---|
| Gross Profit Margin (%) | 11.46 | 12.91 |
| Net Profit Margin (%) | 11.46 | 12.91 |
| Return on Equity (%) | 15.00 | 13.50 |
| Current Ratio | 1.50 | 1.45 |
29.4 Future Outlook
The company anticipates continued growth in revenue and profitability for the upcoming fiscal year, driven by strategic investments and operational efficiencies. The management remains committed to enhancing shareholder value through prudent financial management and sustainable business practices.
Financial Data
1. Revenue and Profitability
| Item | 2024-12-31 | 2023-12-31 |
|---|
| Total Revenue | 3,654,077,458.75 | 2,998,369,713.81 |
| Net Profit | 1,306,987.32 | 555,340.14 |
| Gross Profit | 1,009,224.59 | 1,362,514.29 |
| Operating Profit | 1,498,873.59 | 1,362,514.29 |
| Total Assets | 4,537,065,998.14 | 4,197,341,141.68 |
| Total Liabilities | 2,647,423,249.19 | 2,427,113,231.17 |
2. Cash Flow
| Item | 2024-12-31 | 2023-12-31 |
|---|
| Cash Flow from Operating Activities | 1,942,144,418.04 | 2,359,366,532.87 |
| Cash Flow from Investing Activities | 1,000,000.00 | 1,000,000.00 |
| Cash Flow from Financing Activities | 5,000,000.00 | 5,000,000.00 |
3. Shareholder Equity
| Item | 2024-12-31 | 2023-12-31 |
|---|
| Total Shareholder Equity | 1,942,144,418.04 | 2,359,366,532.87 |
| Earnings Per Share | 1.00 | 0.80 |
4. Key Ratios