Financial Performance - The company's operating revenue for Q3 2023 was RMB 44,955,987,324, representing a year-on-year increase of 10.45%[3] - Net profit attributable to shareholders for Q3 2023 was RMB 1,739,970,860, a significant increase of 50.26% compared to the same period last year[3] - Basic and diluted earnings per share for Q3 2023 were both RMB 0.081, reflecting a growth of 47.82% year-on-year[3] - Total revenue for the first three quarters of 2023 was approximately ¥131.68 billion, a slight decrease from ¥132.47 billion in the same period of 2022, representing a decline of about 0.6%[15] - Operating profit for the first three quarters of 2023 was approximately ¥5.10 billion, down from ¥9.46 billion in 2022, indicating a decrease of about 46.1%[15] - The company reported a net profit of approximately ¥2.27 billion for the first three quarters of 2023, compared to ¥6.23 billion in the same period of 2022, reflecting a decline of about 63.5%[15] - Total comprehensive income for the first three quarters of 2023 is approximately RMB 4.50 billion, down 69.7% from RMB 14.84 billion in the same period of 2022[16] Assets and Liabilities - Total assets as of the end of Q3 2023 reached RMB 184,682,980,181, marking an increase of 11.92% from the end of the previous year[3] - Non-current assets totaled approximately ¥92.63 billion as of September 30, 2023, up from ¥79.34 billion at the end of 2022, an increase of about 16.7%[14] - Current liabilities increased to approximately ¥59.15 billion as of September 30, 2023, compared to ¥50.06 billion at the end of 2022, representing an increase of about 18.5%[14] - Long-term borrowings rose to approximately ¥20.35 billion as of September 30, 2023, from ¥18.98 billion at the end of 2022, an increase of about 7.2%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was RMB 10,099,780,928, showing a decrease of 6.53% year-on-year[3] - Operating cash flow for the first three quarters of 2023 is approximately RMB 10.10 billion, a slight decrease of 6.5% compared to RMB 10.81 billion in the same period of 2022[17] - Net cash flow from investing activities for the first three quarters of 2023 is approximately -RMB 10.69 billion, worsening from -RMB 8.02 billion in the same period of 2022[18] - Total cash inflow from financing activities for the first three quarters of 2023 is approximately RMB 73.47 billion, a decrease of 17.0% from RMB 88.49 billion in the same period of 2022[18] Production and Inventory - The production of copper (TFM and KFM) was 267,139 tons, with sales reaching 304,829 tons, representing a year-on-year increase of 42.56% in production and 133.74% in sales[10] - Cobalt production increased by 143.89% year-on-year, with 37,259 tons produced and 23,845 tons sold[10] - The company reported a total inventory of RMB 34,872,911,249.76 as of September 30, 2023, up from RMB 32,254,722,426.64 at the end of 2022[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 247,231[6] - The second largest shareholder, Luoyang Mining Group, has pledged 5,329,780,425 A-shares, accounting for 24.68% of the total share capital, which has now been fully released from pledge[9] ESG and Sustainability - The establishment of the ESG development department aims to promote sustainable development strategies, with a target of carbon peak by 2030 and carbon neutrality by 2050[11] - The company has set a goal to solidify its position as an ESG leader through its carbon neutrality roadmap[11] Other Financial Metrics - The weighted average return on equity for Q3 2023 was 3.26%, an increase of 1.04 percentage points compared to the previous quarter[3] - Research and development expenses for the first three quarters of 2023 were approximately ¥220.17 million, down from ¥316.79 million in 2022, a decrease of about 30.4%[15] - Cash and cash equivalents at the end of the first three quarters of 2023 amount to approximately RMB 31.12 billion, down from RMB 34.28 billion at the end of the same period in 2022[18]
洛阳钼业(03993) - 2023 Q3 - 季度业绩