宝地矿业(601121) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥391,043,183.47, representing a year-on-year increase of 94.23%[2] - The net profit attributable to shareholders for Q3 2024 was ¥67,733,236.05, a decrease of 35.12% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥64,541,736.90, an increase of 229.70% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.08, down 38.46% from the previous year[4] - The diluted earnings per share for Q3 2024 was also ¥0.08, reflecting the same percentage decrease of 38.46%[4] - The weighted average return on equity for Q3 2024 was 2.20%, a decrease of 1.32 percentage points compared to the previous year[4] - Total operating revenue for the first three quarters of 2024 reached CNY 974,532,905.47, a significant increase of 78.5% compared to CNY 545,350,802.87 in the same period of 2023[18] - Net profit for the first three quarters of 2024 was CNY 296,858,040.90, compared to CNY 197,822,875.06 in 2023, representing a growth of 49.9%[20] - The total comprehensive income for Q3 2024 is CNY 296,858,040.90, compared to CNY 197,822,875.06 in Q3 2023, reflecting an increase of approximately 49.9%[21] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥6,364,678,477.34, an increase of 2.89% from the end of the previous year[4] - The equity attributable to shareholders at the end of Q3 2024 was ¥3,084,657,312.28, up 1.34% from the previous year[4] - The company's total assets as of the end of Q3 2024 amounted to CNY 6,364,678,477.34, up from CNY 6,185,831,579.10 at the end of Q3 2023, marking an increase of 2.9%[17] - Total liabilities increased to CNY 2,457,273,523.66 in Q3 2024 from CNY 2,437,445,146.68 in Q3 2023, showing a slight increase of 0.8%[17] - The company's total non-current assets reached CNY 4,525,249,811.17, compared to CNY 4,261,403,125.80 in the previous year, reflecting a growth of 6.2%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 45.27% compared to the same period last year[2] - Cash inflows from operating activities for the first three quarters of 2024 reached CNY 1,244,397,805.31, up from CNY 649,469,631.20 in the same period of 2023, indicating an increase of approximately 91.5%[22] - The net cash flow from operating activities for the first three quarters of 2024 is CNY 346,238,859.85, compared to CNY 238,336,975.83 in the same period of 2023, representing an increase of approximately 45.4%[22] - Cash outflows from investing activities for the first three quarters of 2024 totaled CNY 529,579,251.52, down from CNY 782,732,341.98 in the same period of 2023, indicating a decrease of approximately 32.3%[23] - The net cash flow from financing activities for Q3 2024 is -CNY 187,979,980.96, compared to CNY 556,580,427.51 in Q3 2023, showing a significant decrease[23] - The cash and cash equivalents at the end of Q3 2024 stand at CNY 584,040,943.19, down from CNY 1,138,342,871.68 at the end of Q3 2023, a decrease of approximately 48.7%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 33,997[9] - The largest shareholder, Xinjiang Baodi Investment Co., Ltd., holds 282,000,000 shares, accounting for 35.25% of the total share capital[13] - The total number of shares held by the top ten unrestricted shareholders is 44,883,000, with Xinjiang Haiyi Equity Investment Co., Ltd. being the largest among them[11] - The company has no changes in the actual controller following the transfer of state-owned shares[13] Operational Insights - The significant increase in operating revenue is attributed to higher production and sales volumes of iron concentrate, along with improved operational capabilities[8] - Total operating costs for the first three quarters of 2024 were CNY 655,731,840.28, up from CNY 429,880,390.07 in 2023, reflecting a year-over-year increase of 52.5%[20] - Research and development expenses increased to CNY 3,622,715.47 in 2024 from CNY 682,894.46 in 2023, indicating a rise of 431.5%[20] Changes in Financial Metrics - The company's cash and cash equivalents decreased to ¥667,149,215.09 from ¥931,835,332.58 at the end of 2023[14] - The total current assets amount to ¥1,839,428,666.17, down from ¥1,924,428,453.30 at the end of 2023[14] - Inventory increased to ¥93,245,193.67 from ¥67,622,140.38 at the end of 2023[14] - The company's fixed assets rose to ¥759,113,356.95 from ¥660,468,648.87 at the end of 2023[14] - The company reported an increase in accounts receivable to ¥72,460,274.70 from ¥13,549,895.37 at the end of 2023[14] - Short-term borrowings surged to CNY 197,643,635.07 in Q3 2024, a significant increase from CNY 60,055,000.00 in Q3 2023, representing a rise of 228.5%[17] - Deferred income tax assets rose to CNY 34,737,562.61 in Q3 2024, compared to CNY 28,043,442.43 in Q3 2023, indicating an increase of 23.8%[17]