藏格矿业(000408) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥561,981,918.99, a decrease of 59.65% compared to the same period last year[2] - The net profit attributable to shareholders for the same period was ¥570,950,254.74, down 39.42% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥568,962,642.94, reflecting a 40.09% decline compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.3635, down 39.43% year-on-year[2] - Total operating revenue for the current period is CNY 2,323,639,964.17, a decrease of 44.5% compared to CNY 4,189,191,852.89 in the previous period[25] - Net profit for the current period is CNY 1,860,282,559.05, a decline of 37.2% from CNY 2,963,479,857.14 in the previous period[26] - The net profit attributable to shareholders of the parent company is CNY 1,867,944,077.75, down 37.1% from CNY 2,968,524,601.00[26] - The company’s total profit for the current period is CNY 1,951,920,657.37, down from CNY 3,308,253,217.40, reflecting a decline of 41.0%[26] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥612,418,717.18, a significant decrease of 73.13% compared to the same period last year[2] - The cash inflow from operating activities for the current period is CNY 2,977,248,405.68, a decrease of 36% compared to CNY 4,647,021,890.88 in the previous period[27] - The net cash flow from operating activities is CNY 612,418,717.18, significantly down from CNY 2,279,129,286.13 in the same period last year, indicating a decline of approximately 73%[27] - The total cash and cash equivalents at the end of the period is CNY 769,407,535.62, down from CNY 1,199,600,562.52 in the previous year, representing a decline of approximately 36%[28] - The cash inflow from other operating activities increased to CNY 635,547,780.01 from CNY 338,629,596.84, marking an increase of approximately 88%[27] - The company reported a significant reduction in cash flow from sales of goods and services, which totaled CNY 2,249,429,214.54, down 48% from CNY 4,308,392,294.04 in the previous period[27] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥13,872,178,630.50, a decrease of 1.56% from the end of the previous year[2] - The company's total assets decreased to 13,872,178,630.50 CNY from 14,091,584,562.19 CNY at the beginning of the period[23] - Current assets decreased significantly from 3,143,978,232.09 CNY to 1,785,393,271.13 CNY[22] - The company's total liabilities decreased from 1,041,334,695.19 CNY to 672,470,864.76 CNY[23] - The company's retained earnings increased from 8,760,969,504.48 CNY to 8,964,168,655.31 CNY[23] Investment and Projects - The company's long-term equity investments increased by ¥137,456.74 million, a growth of 33.28% year-on-year, primarily due to investment income from Jilong Copper Industry[6] - The company completed the acquisition of a 39% stake in Guoneng Mining for 4.08 billion RMB, which holds mining rights for lithium and potassium resources[18] - The company has made progress on the Xizang Mami Cuo salt lake project, with project approval and mining rights application currently underway[16] - The Laos potassium salt mine project has confirmed potassium salt resources of approximately 984 million tons within a 157.72 square kilometer area, with feasibility and environmental impact reports in progress[17] Sales and Production - The sales volume of potassium chloride products decreased by 28.22%, and the sales price decreased by 15.40%, contributing to a total revenue decline of ¥186,555.19 million, or 44.53% year-on-year[6] - In the first three quarters of 2024, the production of potassium chloride was 756,200 tons, with sales of 715,000 tons, resulting in a revenue of 1,509.54 million RMB, a year-on-year decrease in production of 1.32% and a decrease in sales of 28.22%[14] - Lithium carbonate production reached 9,277.50 tons with sales of 10,210.00 tons, generating a revenue of 806.42 million RMB, reflecting a year-on-year increase in production of 12.84% and sales of 31.56%[14] Shareholder Actions - The company distributed a cash dividend of 2.60 CNY per 10 shares, totaling 408,333,661.32 CNY (including tax) to shareholders[20] - The company plans to repurchase shares with a budget of 150 million to 300 million CNY, adjusting the maximum repurchase price to 35.64 CNY per share[20] - As of the report date, the company has repurchased 3,032,528 shares, accounting for 0.19% of the total share capital, with a total transaction amount of 71,546,438.56 CNY[21]