SLSVC(600123)2024-10-28 09:05Financial Performance - The company's operating revenue for Q3 2024 was ¥2,941,931,726.27, representing a decrease of 6.16% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥155,160,567.12, down 64.46% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥157,112,008.88, a decrease of 64.24% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.1047, reflecting a decline of 64.39% year-over-year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 8,418,814,895.63, a decrease of 12.3% compared to CNY 9,603,831,677.53 in the same period of 2023[16]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 706,787,422.81, down 60.7% from CNY 1,798,501,357.78 in the previous year[16]. - The company reported a gross profit margin of approximately 9.2% for the first three quarters of 2024, compared to 25.5% in the same period of 2023[16]. - The company’s total profit for the first three quarters was approximately ¥1.19 billion, a decrease of 50.14% compared to ¥2.37 billion in the same period of 2023[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥31,322,893,119.14, an increase of 1.25% from the end of the previous year[3]. - The total equity attributable to shareholders at the end of the reporting period was ¥16,229,718,769.49, down 2.48% from the previous year[3]. - Total liabilities increased to CNY 15,283,699,178.46, up from CNY 14,259,022,244.50 year-over-year[16]. - Current liabilities totaled CNY 9,287,755,363.93, an increase of 17.1% from CNY 7,927,959,755.05 in the previous year[16]. - The company’s total assets increased to CNY 31,322,893,119.14, compared to CNY 30,937,298,162.19 in the previous year[16]. - Total liabilities amounted to CNY 13,016,536,396.09, an increase of 5.8% compared to CNY 12,301,700,835.61 in the previous year[21]. Cash Flow - The cash flow from operating activities for the year-to-date period decreased by 38.20% to ¥1,658,260,655.63[2]. - Cash inflow from operating activities for the first three quarters of 2024 was CNY 8,516,323,797.22, a decrease of 12.0% compared to CNY 9,676,423,198.64 in the same period of 2023[19]. - Net cash flow from operating activities decreased to CNY 1,658,260,655.63, down 38.2% from CNY 2,683,408,853.28 year-on-year[19]. - The company reported a net cash outflow from financing activities of CNY 715,062,512.46, an improvement from a net outflow of CNY 1,357,966,011.60 in the same period last year[19]. - The total cash and cash equivalents at the end of the period were approximately ¥5.33 billion, a slight decrease from ¥5.44 billion at the end of the same period in 2023[25]. Inventory and Investments - The company experienced an increase in inventory by 105.24%, primarily due to higher coal and urea stock levels[6]. - Inventory levels increased significantly to CNY 1,097,435,048.09 from CNY 534,709,990.46, reflecting a growth of about 105.5%[14]. - Long-term equity investments decreased to CNY 1,570,392,013.26 from CNY 2,153,168,429.53, representing a decline of about 27%[14]. - The long-term equity investment decreased to CNY 7,546,592,755.89 from CNY 8,119,814,256.86, a decline of 7.0%[20]. Shareholder Information - The company reported a total of 669,942,000 shares held by its largest shareholder, Shanxi Lanhua Coal Industry Group Co., Ltd.[9]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder accounting for approximately 45.5% of total shares[9]. - The company has not reported any significant changes in its shareholder structure or related party transactions during the reporting period[10]. Research and Development - Research and development expenses decreased significantly to CNY 15,762,442.98, down 50.0% from CNY 31,512,091.40 in the same period last year[16]. - Research and development expenses were reduced to approximately ¥12.71 million, down 56.52% from ¥29.27 million in the same period last year[23]. Financial Report Status - The financial report is unaudited, indicating that the figures may be subject to change upon final audit[14]. - There are no new strategies or product developments mentioned in the report, focusing primarily on financial performance and shareholder structure[13].