冀东水泥(000401) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for the third quarter was ¥7,858,533,425.37, a decrease of 25.20% compared to ¥10,505,800,835.12 in the same period last year[14] - Net profit attributable to shareholders was ¥46,715,682.30, down 90.53% from ¥493,430,838.93 year-on-year[14] - The net profit after deducting non-recurring gains and losses was ¥18,976,959.27, a decline of 95.85% compared to ¥457,689,160.52 in the previous year[14] - Total operating revenue for the current period is ¥22,344,405,281.55, a decrease of 18.4% from ¥27,351,153,779.45 in the previous period[27] - Total operating costs for the current period are ¥23,260,401,268.33, down from ¥25,699,164,814.45, reflecting a reduction of 9.5%[27] - Net profit attributable to the parent company shows a significant decline, with basic earnings per share at -0.1212 compared to 0.6148 in the previous period[29] - The total equity attributable to shareholders of the parent company is ¥29,992,035,813.30, down from ¥30,696,924,611.58, indicating a decrease of 2.3%[27] - The total profit for the year-to-date was a loss of ¥478,622,805.23, a decrease of 122.28% compared to a profit of ¥2,147,905,846.55 in the previous year[20] - The net profit for the period was -$447.45 million, a significant decrease compared to $1.73 billion in the previous period, indicating a decline of approximately 125.8%[57] - The total profit for the period was -$478.62 million, down from $2.15 billion in the same period last year, reflecting a decrease of about 122.2%[57] - The operating profit showed a loss of -$516.86 million, compared to a profit of $2.14 billion in the previous year, marking a decline of approximately 124.2%[57] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥62,770,770,855.07, an increase of 1.16% from ¥62,018,920,034.81 at the end of the previous year[15] - The total liabilities increased to ¥30,924,621,290.73 from ¥29,450,489,742.47, representing a growth of approximately 5%[49] - The total liabilities and equity amount to ¥62,770,770,855.07, compared to ¥62,053,403,344.37 in the previous period, indicating an increase of 1.2%[27] - The company's total liabilities increased by 121.80% in contract liabilities, reaching ¥1,231,032,792.78 due to increased pre-sales[20] - Long-term borrowings rose to ¥7,858,403,500.00 from ¥7,022,818,500.00, reflecting an increase of about 11.9%[49] Cash Flow - Cash flow from operating activities for the year-to-date was ¥2,265,819,494.75, a decrease of 3.37% compared to ¥2,344,768,256.21 in the same period last year[14] - The company reported a significant decrease in cash received from sales, totaling ¥21,176,616,231.49 compared to ¥25,522,486,909.99, a decline of approximately 16.9%[54] - Investment activities resulted in a net cash outflow of ¥1,112,455,495.08, an improvement from the previous year's outflow of ¥1,874,840,063.55[55] - Financing activities generated a net cash outflow of ¥146,939,736.79, compared to a much larger outflow of ¥2,389,457,720.82 in the previous period[55] - The company’s cash and cash equivalents at the end of the period increased to ¥6,839,170,843.26 from ¥5,065,000,565.80, marking a rise of approximately 35.1%[55] - The company received cash from investment income amounting to ¥260,033,825.76, down from ¥397,286,203.49, a decline of approximately 34.5%[54] Shareholder Information - As of September 30, 2023, the total number of common shareholders was 92,568, with the top ten shareholders holding a combined 66.68% of shares[22] - The top shareholder, Beijing Jinyu Group Co., Ltd., holds 44.34% of the shares, amounting to approximately 1.18 billion shares[22] Operational Highlights - The company reported a significant increase in other operating income by 30.03%, totaling ¥69,825,810.24 compared to ¥53,701,485.71 last year[20] - The company is focusing on market expansion and new product development strategies to enhance its competitive position[25] - The company has not disclosed any significant mergers or acquisitions in the recent quarter[25] Research and Development - Research and development expenses for the current period are ¥137,746,317.00, a decrease from ¥152,163,709.08, reflecting a reduction of 9.5%[27] Accounting Changes - The company has implemented new accounting standards starting January 1, 2023, affecting the recognition of lease liabilities and related deferred tax assets and liabilities[40] Impairment and Losses - The company reported a credit impairment loss of -$29.50 million, compared to -$12.65 million in the previous period, indicating an increase in losses[57] - The company’s total assets impairment loss was reported at $0.00, compared to $140.77 million in the previous period, indicating a significant reduction in asset impairment[57] - The company recorded other comprehensive income after tax of -$41.81 million, compared to -$209.99 million in the previous year, indicating a slight improvement[57] - The company’s minority interest loss was -$125.19 million, compared to a profit of $100.42 million in the previous year, indicating a decline of approximately 224.9%[57]