Nisco(600282)2024-10-25 11:11Financial Performance - Operating revenue for Q3 2024 was CNY 15.61 billion, a decrease of 19.72% year-on-year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 520.21 million, down 23.06% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 was CNY 49.29 billion, a decrease of 12.5% compared to CNY 56.36 billion in the same period of 2023[13] - Net profit for the first three quarters of 2024 was CNY 1.77 billion, a decrease of 2.9% compared to CNY 1.82 billion in the same period of 2023[14] - The company reported a total comprehensive income of CNY 1.38 billion for the first three quarters of 2024, compared to CNY 1.65 billion in 2023, a decrease of 16.2%[15] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 67.66 billion, a decrease of 7.54% from the end of the previous year[3] - The company's current assets totaled CNY 25.81 billion, down from CNY 31.42 billion at the end of 2023, representing a decrease of about 17.9%[10] - The total liabilities amounted to CNY 49.99 billion, compared to CNY 54.00 billion at the end of 2023, indicating a decrease of approximately 7.4%[11] - The total liabilities decreased to CNY 40.14 billion in Q3 2024 from CNY 44.84 billion in Q3 2023, a reduction of 10.0%[12] - The total equity attributable to shareholders at the end of Q3 2024 was CNY 25.76 billion, a decrease of 2.96% from the end of the previous year[3] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was CNY 1.69 billion, down 28.70% year-on-year[2] - Cash flow from operating activities was CNY 40.38 billion in the first three quarters of 2024, down 11.5% from CNY 45.45 billion in 2023[16] - Operating cash inflow for Q3 2024 was CNY 41.22 billion, down from CNY 46.54 billion in Q3 2023, representing a decrease of approximately 11.1%[17] - Cash received from operating activities related to other business amounted to CNY 664.33 million, slightly up from CNY 661.71 million year-on-year[17] - The company reported a net increase in cash and cash equivalents of CNY -1.46 billion for Q3 2024, compared to a net decrease of CNY -1.75 billion in Q3 2023[18] Production and Costs - Steel production for the first nine months of 2024 was 6.96 million tons, a decrease of 10.43% year-on-year[5] - Total operating costs for the first three quarters of 2024 were CNY 47.56 billion, down 12.7% from CNY 54.42 billion in 2023[13] - Research and development expenses increased to CNY 1.90 billion in the first three quarters of 2024, up 11.6% from CNY 1.71 billion in 2023[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,089[6] - The company has not indicated any changes in its major shareholder structure or significant related party transactions during the reporting period[8] Government Support - The company received government subsidies amounting to CNY 67.75 million during the reporting period[4]