SD-GOLD(600547)2024-10-28 10:21Financial Performance - The company's operating revenue for Q3 2024 reached ¥21,232,148,165.44, representing a 52.77% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥682,349,948.18, a 46.62% increase year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥679,862,445.98, reflecting a 70.69% increase compared to the same period last year[2]. - Basic and diluted earnings per share for Q3 2024 were both ¥0.13, up 62.50% from the previous year[3]. - The total net profit attributable to shareholders for the year-to-date period was ¥2,065,816,231.17, a 53.57% increase year-over-year[2]. - The total comprehensive income for the third quarter of 2024 reached CNY 3,251,904,772.07, compared to CNY 1,659,782,320.77 in the same period of 2023, indicating a significant increase[25]. - Net profit for the first three quarters of 2024 was CNY 3,308,764,293.77, up from CNY 1,658,400,726.28 in 2023, reflecting a growth of approximately 99.4%[23]. - Basic and diluted earnings per share for the third quarter of 2024 were both CNY 0.39, up from CNY 0.23 in the previous year, reflecting a growth of 69.57%[25]. Assets and Liabilities - The total assets of the company at the end of Q3 2024 amounted to ¥157,861,694,708.53, an increase of 17.28% from the end of the previous year[3]. - The company's total assets increased to CNY 157,861,694,708.53 in Q3 2024, compared to CNY 134,599,262,003.25 in Q3 2023, marking a growth of about 17.3%[20]. - The total liabilities as of Q3 2024 were CNY 102,771,885,562.17, up from CNY 81,339,858,283.85 in Q3 2023, representing an increase of approximately 26.4%[20]. - The company's total liabilities include a significant increase in trade financial liabilities, which reached 77.51 million CNY due to increased gold leasing financing[7]. - The total equity attributable to shareholders increased to CNY 34,394,134,681.59 in Q3 2024, up from CNY 33,084,950,645.55 in Q3 2023, reflecting a growth of approximately 3.97%[20]. Cash Flow - The cash generated from operating activities for the year-to-date period reached ¥10,194,402,688.23, showing a significant increase of 113.80% compared to the previous year[2]. - The net cash flow from operating activities was CNY 10,194,402,688.23, compared to CNY 4,768,203,682.71 in the same period last year, marking a 113.06% increase[26]. - Cash inflows from operating activities totaled CNY 113,817,272,194.05, a substantial increase from CNY 61,770,449,196.78 in the prior year, representing an 83.96% rise[26]. - The net cash flow from operating activities for the first three quarters of 2024 was RMB 921,801,585.77, a significant increase from RMB 358,546,680.38 in the same period of 2023, representing a growth of approximately 157.5%[33]. - The cash flow from operating activities showed a strong recovery, with cash inflow from sales reaching RMB 2,012,383,348.76 in 2024, compared to RMB 1,716,239,281.36 in 2023, an increase of about 17.3%[33]. Research and Development - The company's research and development expenses for the year-to-date period amount to 51.56 million CNY, indicating an increase due to higher R&D spending[7]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 484,138,043.04, compared to CNY 319,444,256.40 in 2023, showing an increase of about 51.6%[23]. - Research and development expenses increased to CNY 87.23 million from CNY 70.42 million, showing a rise of 24%[31]. Production and Sales - The company's self-produced gold output reached 35,438.64 kg, representing a year-on-year increase of 19.58%[16]. - The purchased gold output was 59,269.72 kg, which increased by 43.15% compared to the same period last year[16]. - The total revenue from sales and services received in cash was CNY 69,964,913,598.78, compared to CNY 43,431,880,982.85 in the same period of 2023, reflecting a growth of 60.94%[26]. - The total operating income from the beginning of the year to the reporting period is 62.15 million CNY, attributed to the acquisition of Shandong Gold International[7]. Future Plans - The company plans to expand production capacity at the Jiao Jia Gold Mine, which has received a mining license for 6.6 million tons per year, aiming to enhance its status as a world-class gold production base[16]. - The company is currently in the process of obtaining necessary permits to resume production at the Linglong Mine, which is expected to positively impact future output[16]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and profitability[32].