Revenue and Profit - Revenue for the third quarter was CNY 54.34 billion, a decrease of 20.85% compared to the same period last year[2] - Net profit attributable to shareholders increased by 105.35% year-on-year to CNY 1.94 billion[2] - The basic earnings per share rose to CNY 0.111, reflecting a 113.46% increase compared to the previous year[2] - Total operating revenue for the first three quarters of 2023 was RMB 188.40 billion, a decrease of 17.2% compared to RMB 227.62 billion in the same period of 2022[18] - Operating profit for the first three quarters of 2023 was RMB 11.20 billion, down 16.3% from RMB 13.39 billion in the same period of 2022[19] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was RMB 5.35 billion, slightly down from RMB 5.40 billion in the same period of 2022[20] - The total comprehensive income for the first three quarters of 2023 was RMB 8.98 billion, down from RMB 10.33 billion in the same period of 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 210.34 billion, a decrease of 0.95% from the previous year[4] - The total current assets as of September 30, 2023, amount to RMB 55,596,471,000, an increase from RMB 54,535,973,000 as of December 31, 2022[14] - The total non-current assets as of September 30, 2023, are RMB 154,743,864,000, down from RMB 157,811,923,000 as of December 31, 2022[15] - Total liabilities decreased to RMB 114,299,175,000 as of September 30, 2023, from RMB 124,593,412,000 as of December 31, 2022[16] - The company’s total liabilities to equity ratio improved to 1.19 as of September 30, 2023, compared to 1.42 as of December 31, 2022[16][17] - The company's total assets amounted to CNY 124,089,350 as of September 30, 2023, slightly down from CNY 125,587,206 at the end of 2022, a decrease of 1.2%[27] - Total liabilities decreased to CNY 71,955,115 as of September 30, 2023, down from CNY 75,663,980 at the end of 2022, reflecting a reduction of 4.7%[27] - Long-term borrowings decreased to CNY 16,732,970 from CNY 19,411,000, a decline of 13.8%[27] Cash Flow - The company reported a net cash flow from operating activities of CNY 20.40 billion for the year-to-date period[2] - Cash flow from operating activities for the first three quarters of 2023 was RMB 20.40 billion, a decrease of 15.4% compared to RMB 24.14 billion in the same period of 2022[21] - Cash flow from investing activities resulted in a net outflow of RMB 5.88 billion in the first three quarters of 2023, an improvement from a net outflow of RMB 7.27 billion in the same period of 2022[22] - Cash flow from financing activities showed a net outflow of RMB 14.87 billion in the first three quarters of 2023, compared to a net outflow of RMB 13.23 billion in the same period of 2022[23] Production and Sales - The production of metallurgical alumina decreased by 7.35% to 12.46 million tons compared to the same period last year[8] - The sales volume of self-produced metallurgical alumina increased by 7.84% to 5.01 million tons[8] - The production of coal increased by 19.19% to 9.69 million tons compared to the previous year[8] Research and Development - Research and development expenses increased to RMB 3.33 billion in the first three quarters of 2023, up 22.7% from RMB 2.72 billion in the same period of 2022[18] - Research and development expenses increased to CNY 558,518 in the first three quarters of 2023, up from CNY 360,807 in the same period of 2022, representing a growth of 54.7%[28] Shareholder Information - As of September 30, 2023, China Aluminum Group holds a total of 5,474,485,019 shares, representing approximately 31.90% of the company's total issued share capital[13] - The total equity attributable to shareholders as of September 30, 2023, is RMB 59,095,867,000, compared to RMB 54,401,529,000 as of December 31, 2022[17] - The company has a total of 5,050,376,970 shares of RMB ordinary shares held by China Aluminum Group as of September 30, 2023[12] - The total equity of the company increased to CNY 52,134,235 as of September 30, 2023, up from CNY 49,923,226 at the end of 2022, an increase of 4.4%[27]
中国铝业(02600) - 2023 Q3 - 季度业绩