NXBM(SH:600449)2024-10-23 08:26Revenue and Profit - Revenue for Q3 2024 was CNY 2,473,127,752.10, a decrease of 23.31% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 118,339,759.07, down 15.51% year-on-year[2] - Basic earnings per share decreased by 16.67% to CNY 0.25[2] - The company reported a 41.41% decrease in net profit attributable to shareholders for the year-to-date period, totaling CNY 170,836,448.59[2] - The company experienced a 42.65% decline in operating profit year-to-date, primarily due to a drop in cement sales and prices[6] - Net profit for the first three quarters of 2024 was CNY 173,608,283.34, a decline of 43.3% from CNY 306,508,257.28 in the same period of 2023[18] - Earnings per share for the first three quarters of 2024 was CNY 0.36, compared to CNY 0.61 in the same period of 2023, indicating a decrease of 41%[18] - The total comprehensive income for the first three quarters of 2024 was CNY 173,608,283.34, down from CNY 306,508,257.28 in 2023, indicating a decline of 43.3%[18] Cash Flow and Investments - Operating cash flow net amount was CNY 149,622,272.36, a decline of 36.07% compared to the previous year[2] - The net cash flow from operating activities for the current reporting period is -36.07 million, attributed to a decrease in cash received from sales and a reduction in tax refunds[7] - The cash outflow from investment activities totals -30.56 million, primarily due to a decrease in cash paid for fixed asset investments[7] - The total cash inflow from financing activities is -33.05 million, reflecting a decrease in cash obtained from borrowings[7] - The net cash flow from financing activities for the year-to-date period is -258.23 million, resulting from a reduction in net borrowings[7] - In the first three quarters of 2024, the company's operating cash flow net amount was ¥306,181,932.10, a decrease of 28.7% compared to ¥429,303,630.07 in the same period of 2023[19] - The company reported a net cash outflow from investment activities of ¥235,343,269.59, an improvement from a net outflow of ¥794,799,234.73 in the same period last year[20] - Cash inflow from investment activities totaled 2,963,578,361.16 RMB, while cash outflow was 2,259,061,196.15 RMB, resulting in a net cash flow of 704,517,165.01 RMB, contrasting with -912,524,200.53 RMB in the previous year[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,214,900,261.65, a decrease of 0.31% from the end of the previous year[3] - As of September 30, 2024, the company's total assets amounted to approximately CNY 11.21 billion, a slight decrease from CNY 11.25 billion at the end of 2023, reflecting a 0.31% decline[13] - The company's cash and cash equivalents decreased to approximately CNY 1.02 billion from CNY 1.12 billion, representing a decline of about 9.45%[13] - The company reported a total current liability of approximately CNY 3.05 billion, which is a marginal increase of 0.04% compared to CNY 3.04 billion in the previous period[14] - The total liabilities decreased to CNY 3,615,489,460.10 in 2024 from CNY 3,716,384,410.42 in 2023, a reduction of 2.7%[15] - The company's total current liabilities decreased to CNY 2,364,603,900.28 from CNY 2,909,275,644.47, a reduction of about 18.7%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 30,507[8] - The largest shareholder, China National Building Material Group Corporation, holds 49.03% of the shares, totaling 234,475,104 shares[9] Research and Development - Research and development expenses increased to CNY 27,368,208.44 in 2024 from CNY 22,739,091.81 in 2023, representing a growth of 20.5%[17] - The company's research and development expenses were not specified for the current period but were CNY 31,622.64 in the same period of 2023[23] Strategic Decisions - The company has decided to terminate the major asset restructuring plan after the Shanghai Stock Exchange's review indicated that the transaction did not meet restructuring conditions[12] - The company plans to continue exploring other integration schemes for its basic building materials sector, ensuring the interests of all shareholders are protected[12]