HY(601020)2024-10-28 08:21Financial Performance - The company's operating revenue for Q3 2024 reached ¥333,215,431.23, representing a year-on-year increase of 31.06%[3] - The net profit attributable to shareholders for the same period was ¥43,750,956.84, reflecting a growth of 3.54% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,682,044.93, which is an increase of 13.29% year-on-year[3] - The basic earnings per share for the period was ¥0.06, up by 2.91% year-on-year[3] - The diluted earnings per share also stood at ¥0.06, reflecting the same percentage increase of 2.91%[3] - Net profit for the third quarter of 2024 was ¥218,205,192.06, compared to ¥112,453,520.15 in the same quarter of 2023, representing a 94.0% increase[15] - Earnings per share for the third quarter of 2024 were ¥0.19, up from ¥0.16 in the same quarter of 2023[16] - The net profit for the first three quarters of 2024 was ¥57,300,237.66, down 16.1% from ¥68,289,308.12 in the first three quarters of 2023[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥5,419,633,902.03, showing a slight increase of 0.001% from the previous year[4] - The total liabilities decreased to ¥1,493,193,648.79 in Q3 2024 from ¥1,915,985,824.86 in Q3 2023, a reduction of 22.0%[15] - The total equity attributable to shareholders increased to ¥3,266,785,333.51 in Q3 2024 from ¥2,896,406,878.33 in Q3 2023, an increase of 12.8%[15] - Current liabilities decreased to ¥984,806,436.32 from ¥1,131,652,872.96 year-over-year, showing improved liquidity management[12] - Non-current liabilities include long-term borrowings of ¥178,582,991.80, down from ¥226,687,143.35 year-over-year[12] - The total non-current liabilities decreased to ¥508,387,212.47 in Q3 2024 from ¥784,332,951.90 in Q3 2023, a decrease of 35.2%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥229,693,024.61, showing a slight decrease of 2.05% compared to the previous year[3] - The cash flow from operating activities for the first three quarters of 2024 was ¥895,444,992.66, compared to ¥763,474,177.81 in the same period of 2023, an increase of 17.3%[16] - The net cash flow from operating activities for Q3 2024 was CNY 229,693,024.61, a slight decrease from CNY 234,505,330.76 in Q3 2023[17] - The company reported a net cash outflow from investing activities of CNY -208,911,592.69, compared to CNY -235,563,698.11 in Q3 2023[17] - The cash outflow for financing activities was CNY 687,690,167.86, significantly higher than CNY 422,135,621.28 in the previous year[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 59,311[9] - The largest shareholder, Tibet Daoheng Investment Co., Ltd., holds 126,563,683 shares, accounting for 15.44% of the total share capital, with 65,233,936 shares pledged[10] Research and Development - Research and development expenses for the first three quarters of 2024 were ¥6,446,197.29, down from ¥13,344,296.88 in the same period of 2023, a decrease of 51.7%[15] - Research and development expenses decreased to ¥6,446,197.29 in the first three quarters of 2024 from ¥13,344,296.88 in the same period of 2023, a reduction of approximately 51.7%[22] Financial Adjustments and Management - The company will not apply the new accounting standards starting from 2024[27] - The financial report adjustments will not affect the beginning balance of the financial statements for the year of first-time application[27] - The announcement was made by the board of directors of Tibet Huayu Mining Co., Ltd.[27] - The report was published on October 28, 2024[27] - The company is under the management of Liu Liangkun, with accounting responsibilities held by Xing Jianjun and Shen Youde[27] - The document contains a total of 18 pages[27] - The financial data reflects the company's current liquidity position[27] - The report does not indicate any new product or technology developments, market expansions, or mergers and acquisitions[27]