淮北矿业(600985) - 2024 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2024 reached ¥19,433,072,182.16, an increase of 6.55% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥1,203,958,505.68, a decrease of 18.12% year-on-year[2]. - Basic earnings per share for the quarter was ¥0.45, down 23.73% from the previous year[3]. - Total operating revenue for the first three quarters of 2024 reached CNY 56,785,931,751.93, an increase from CNY 55,695,581,209.89 in the same period of 2023, representing a growth of approximately 1.96%[17]. - Operating costs for the first three quarters of 2024 amounted to CNY 52,254,045,046.87, compared to CNY 50,197,082,676.43 in 2023, reflecting an increase of about 4.09%[17]. - The net profit for the third quarter of 2024 was CNY 3,960,929,403.30, a decrease of 17.83% compared to CNY 4,820,964,969.98 in the same period of 2023[18]. - Operating profit for the third quarter of 2024 was CNY 4,763,747,321.57, down from CNY 5,678,711,081.81 in the previous year, reflecting a decline of 16.09%[18]. - Net profit for the first three quarters of 2024 was CNY 75,423,043.33, compared to CNY 76,590,580.69 in the same period of 2023, a decrease of approximately 1.5%[25]. - Operating profit for Q3 2024 was CNY 75,423,043.33, slightly down from CNY 76,590,580.69 in Q3 2023, indicating a decline of about 1.5%[25]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥89,524,881,831.25, reflecting a 2.91% increase from the end of the previous year[3]. - The company's total assets as of the end of Q3 2024 were CNY 89,524,881,831.25, compared to CNY 86,990,949,390.42 at the end of Q3 2023, marking an increase of about 2.77%[16]. - The total liabilities decreased to CNY 43,049,086,237.86 in Q3 2024 from CNY 45,447,171,211.01 in Q3 2023, a reduction of approximately 5.29%[15]. - Total assets decreased from CNY 25,962,611,716.20 in Q3 2023 to CNY 23,355,108,721.68 in Q3 2024, a decline of approximately 10.1%[22]. - Current assets decreased from CNY 8,713,998,330.90 in Q3 2023 to CNY 5,918,495,336.38 in Q3 2024, representing a decrease of about 32.4%[22]. - Non-current assets increased from CNY 17,248,613,385.30 in Q3 2023 to CNY 17,436,613,385.30 in Q3 2024, an increase of approximately 1.1%[22]. - Total liabilities decreased from CNY 2,880,852,353.67 in Q3 2023 to CNY 191,740.00 in Q3 2024, a significant reduction of about 93.4%[23]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥7,789,008,932.08, an increase of 4.74% compared to the same period last year[3]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 7,789,008,932.08, an increase from CNY 7,436,707,850.64 in the same period of 2023[19]. - The company reported a net cash outflow from investing activities of CNY -3,729,205,036.48 for the first three quarters of 2024, an improvement from CNY -4,857,485,721.31 in the same period of 2023[20]. - The net cash flow from operating activities for the first three quarters of 2024 was -256,136.88 RMB, a decrease from 7,282,739.41 RMB in the same period of 2023[26]. - The cash inflow from investment activities increased to 2,772,772,098.57 RMB in 2024, compared to 2,075,515,000.00 RMB in 2023, representing a growth of approximately 33.6%[26]. - The net cash flow from investment activities for the first three quarters of 2024 was 2,584,772,098.57 RMB, up from 1,925,515,000.00 RMB in 2023, indicating an increase of about 34.2%[26]. - The net cash flow from financing activities was -2,523,024,445.64 RMB in 2024, compared to -1,933,801,613.96 RMB in 2023, reflecting a worsening of approximately 30.5%[27]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,475, with the largest shareholder, HuaiBei Mining Group Co., Ltd., holding 1,603,035,295 shares, representing 59.52% of the total[8]. - The top ten shareholders include several state-owned entities, with the second-largest being Hong Kong Central Clearing Limited, holding 73,354,418 shares, or 2.72%[8]. - The total number of shares held by the top ten unrestricted shareholders is 1,603,035,295, with no shares involved in margin trading or lending[10]. - The company has not reported any changes in the status of pledged, marked, or frozen shares among its major shareholders[8]. - The company has not identified any related party relationships among its major shareholders beyond the asset management plan that constitutes concerted action[10]. Operational Insights - The company reported a significant decrease in trading financial assets, which fell to ¥1,643,657,284.90 from ¥3,207,168,518.61, a decline of about 48.8%[13]. - The company's cash and cash equivalents as of September 30, 2024, amount to ¥5,558,194,819.98, showing a slight increase from ¥5,444,574,469.07 at the end of 2023[13]. - The company reported a decrease in other receivables to CNY 5,839,211,713.01 as of September 30, 2024, down from CNY 8,696,063,542.98 at the end of 2023[21]. - Management expenses increased from CNY 701,132.08 in Q3 2023 to CNY 1,893,449.49 in Q3 2024, an increase of approximately 169.5%[25]. - Interest income decreased from CNY 66,337,495.09 in Q3 2023 to CNY 13,681,620.70 in Q3 2024, a decline of about 79.3%[25]. - Investment income remained stable at CNY 76,515,000.00 for both Q3 2023 and Q3 2024[25].