紫金矿业(02899) - 2023 Q3 - 季度业绩

Financial Performance - Total revenue for the third quarter reached RMB 74.67 billion, an increase of 4.10% year-on-year[5] - Net profit for the third quarter was RMB 7.24 billion, reflecting a significant increase of 37.69% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was RMB 5.86 billion, up 45.22% year-on-year[5] - Basic earnings per share for the third quarter were RMB 0.223, representing a 43.87% increase compared to the previous year[6] - The company reported a total profit of RMB 8.39 billion for the third quarter, marking a 33.11% increase year-on-year[5] - In Q3 2023, the company reported a revenue of 74.674 billion RMB, a decrease of 0.95% compared to Q2 2023, but a net profit of 5.863 billion RMB, which is a 21% increase quarter-over-quarter[13] - The total comprehensive income for Q3 2023 was ¥23,427,266,628, compared to ¥22,941,888,961 in the previous year, reflecting an increase of approximately 2.1%[24] Production and Sales - The company has seen a positive trend in production and sales, contributing to the significant growth in net profit and earnings per share[9] - In the first nine months of 2023, the company produced 50,091 kg of gold, a 22% increase year-over-year, and 754,248 tons of copper, a 13% increase year-over-year[13] - Gold production in Q3 2023 reached 17,337 kg, an increase from 15,812 kg in Q2 2023, with a gross margin of 43.73% compared to 45.85% in Q2 2023[16] - Copper production in Q3 2023 was 215,531 tons, up from 193,553 tons in Q2 2023, with a gross margin of 53.34%, down from 56.26% in Q2 2023[16] - Zinc production in Q3 2023 totaled 105,016 tons, slightly up from 104,428 tons in Q2 2023, with a gross margin of 20.89%, compared to 10.88% in Q2 2023[16] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 330.80 billion, an increase of 8.09% from the end of the previous year[6] - The total equity attributable to shareholders of the listed company was RMB 103.26 billion, up 16.09% from the previous year[6] - Total liabilities rose to CNY 74,898,775,424 in Q3 2023, up from CNY 68,183,876,605 in Q3 2022, an increase of 9.9%[30] - The total liabilities increased to ¥195,256,507,733 in Q3 2023 from ¥181,588,693,965 in Q3 2022, marking an increase of about 7.5%[22] Cash Flow - Cash flow from operating activities for the year-to-date was RMB 25.72 billion, reflecting a 17.20% increase[6] - The cash inflow from operating activities for the first three quarters of 2023 was CNY 246.00 billion, an increase of 11.88% compared to CNY 219.82 billion in the same period of 2022[25] - The net cash flow from operating activities for the third quarter of 2023 was CNY 25.72 billion, up 17.6% from CNY 21.95 billion in the third quarter of 2022[26] - The total cash outflow from investment activities in the third quarter of 2023 was CNY 29.60 billion, a decrease of 17.1% compared to CNY 35.69 billion in the same quarter of 2022[26] Research and Development - Research and development expenses for the first three quarters of 2023 amounted to ¥1,130,096,766, compared to ¥799,381,761 in the same period of 2022, an increase of approximately 41.3%[22] - Research and development expenses for the first three quarters of 2023 were CNY 310,281,877, up from CNY 222,181,439 in the same period of 2022, indicating a growth of 39.6%[31] Other Financial Metrics - The average selling price of gold in Q3 2023 was 400.97 RMB per gram, compared to 355.71 RMB per gram in Q3 2022, reflecting a significant increase in price[15] - The overall gross margin for mining operations was 47.65% in Q3 2023, down from 49.86% in Q2 2023[16] - The overall gross margin for smelting products was 16.18% in Q3 2023, up from 13.78% in Q2 2023[16] - The company's financial expenses for Q3 2023 were CNY 1,219,934,456, significantly higher than CNY 620,055,504 in Q3 2022, reflecting an increase of 96.7%[31]