沙钢股份(002075) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was CNY 3,147.54 million, a decrease of 17.38% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 was CNY 5,565.24 million, representing a significant decline of 98.00% year-on-year[3]. - Basic earnings per share for Q3 2024 dropped to CNY 0.0006, down 98.05% from CNY 0.0269 in the same quarter last year[3]. - The total profit for Q3 2024 was CNY 128.66 million, down 62.55% from CNY 343.51 million in the same period last year[7]. - Net profit for Q3 2024 was CNY 107,756,708.85, down 62.9% from CNY 289,910,739.18 in Q3 2023[16]. - The total profit for Q3 2024 was CNY 128,660,465.21, a decrease of 62.5% from CNY 343,511,515.88 in Q3 2023[15]. Assets and Liabilities - The total assets at the end of Q3 2024 were CNY 27,133.28 million, an increase of 13.15% compared to the end of the previous year[3]. - Current assets increased to CNY 18,929,323,595.92 from CNY 15,805,448,278.15, reflecting a growth of 13.4%[13]. - Short-term borrowings rose significantly to CNY 11,930,064,541.06, up 34.8% from CNY 8,856,627,174.99[13]. - Total liabilities increased to CNY 17,226,656,130.23, compared to CNY 13,718,666,383.22, marking a rise of 25.5%[13]. - Non-current assets totaled CNY 8,203,958,836.23, slightly up from CNY 8,174,086,563.04, indicating a marginal increase of 0.4%[13]. - The company's equity attributable to shareholders decreased to CNY 6,401,998,370.13 from CNY 6,757,630,736.89, a decline of 5.3%[13]. Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was CNY 543.17 million, a decrease of 28.72% year-on-year[7]. - The net cash flow from operating activities for Q3 2024 was ¥543,170,221.01, a decrease of 28.8% compared to ¥762,037,639.45 in Q3 2023[17]. - The net cash flow from financing activities was -¥486,490,284.17, compared to a positive cash flow of ¥268,545,833.34 in Q3 2023, indicating a significant decline[18]. - The total cash outflow for operating activities was ¥10,329,547,789.47, slightly lower than ¥10,451,223,691.44 in Q3 2023, showing a decrease of 1.2%[17]. - The net increase in cash and cash equivalents for Q3 2024 was ¥1,127,897,273.62, compared to a decrease of ¥29,705,069.17 in Q3 2023, indicating a positive cash flow trend[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 79,940, with Jiangsu Shagang Group Co., Ltd. holding 26.80% of shares, amounting to 587,871,726 shares[8]. - The actual controller of the company is now Mr. Shen Bin, who indirectly controls 587,871,726 shares, representing 26.80% of the total shares, following the inheritance from the late Mr. Shen Wenrong[10]. - The company reported no significant changes in the shareholder structure due to the death of the former actual controller[10]. - The company has no changes in the top ten shareholders due to margin trading activities[9]. - The top ten shareholders do not have any related party relationships or concerted action relationships with the controlling shareholder, Shagang Group[10]. Operational Metrics - The company experienced a decline in gross profit margin, contributing to the overall decrease in profit[7]. - Research and development expenses increased to CNY 380,622,811.50, compared to CNY 378,488,421.75 in the same period last year[15]. - The company reported a financial income of CNY 119,850,252.58, significantly higher than CNY 35,957,402.69 in the same quarter last year[15]. - Other income for Q3 2024 was CNY 125,027,778.99, compared to CNY 43,631,389.18 in Q3 2023[15]. - The company recorded a net investment income of CNY 186,123,593.15, up from CNY 173,968,040.82 in the previous year[15]. Investment Activities - The cash flow from investment activities for the first nine months of 2024 was CNY 1,072.95 million, a significant improvement compared to the previous year's negative cash flow[7]. - Total cash inflow from investment activities reached ¥6,101,930,358.29, an increase of 47.0% from ¥4,147,052,287.89 in the same period last year[17]. - The cash inflow from other investment activities was ¥5,891,798,000.00, a substantial increase from ¥3,974,000,000.00 in Q3 2023, marking a growth of 48.0%[17]. Other Information - The company reported a total of CNY 34.78 million in non-recurring gains and losses for Q3 2024[5]. - The company has not disclosed any new product developments or market expansion strategies in the current report[9]. - There are no indications of any mergers or acquisitions in the recent financial disclosures[9].