HYMD(SH:600971)2024-10-29 08:26Financial Performance - The company's operating revenue for Q3 2024 was ¥1,514,620,071.12, a decrease of 12.42% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥186,291,996.23, down 63.87% year-on-year[2]. - The basic earnings per share for Q3 2024 was ¥0.1552, reflecting a decline of 63.87% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 5,407,956,808.86, a decrease of 9.3% compared to CNY 5,967,189,933.20 in the same period of 2023[17]. - The net profit for Q3 2024 was CNY 944,092,322.54, a decrease of 42.2% compared to CNY 1,631,748,086.80 in Q3 2023[18]. - The total profit for Q3 2024 was CNY 1,089,349,425.12, down 43.7% from CNY 1,932,123,403.99 in the same period last year[18]. - The operating profit for Q3 2024 was CNY 1,105,142,183.17, a decline of 42.3% from CNY 1,923,253,501.37 in Q3 2023[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥20,694,674,790.51, a decrease of 2.67% from the end of the previous year[3]. - Total assets decreased to CNY 20,694,674,790.51 from CNY 21,263,422,183.48, reflecting a decline of approximately 2.68%[16]. - Current liabilities decreased to CNY 5,284,917,668.33, down from CNY 6,072,091,112.28, a reduction of about 13%[15]. - Long-term borrowings increased to CNY 792,320,000.00, up from CNY 565,970,000.00, representing a growth of 39.9%[15]. - The total liabilities decreased to CNY 8,008,133,516.42 from CNY 8,577,520,931.15, a decline of approximately 6.6%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,311,428,008.68, down 51.92% year-on-year[2]. - Cash flow from operating activities for the first nine months of 2024 was CNY 1,311,428,008.68, a decrease of 52.1% compared to CNY 2,727,566,375.44 in the same period of 2023[21]. - Cash and cash equivalents at the end of Q3 2024 were CNY 5,866,928,040.63, down from CNY 6,339,368,736.72 at the end of Q3 2023[22]. - The total cash inflow from operating activities for the first nine months of 2024 was CNY 7,559,846,867.13, compared to CNY 8,163,867,332.18 in the same period of 2023[20]. - The total cash outflow from investing activities for the first nine months of 2024 was CNY 1,848,786,103.33, a decrease from CNY 3,307,335,863.49 in the same period of 2023[21]. - The net cash flow from financing activities for the first nine months of 2024 was CNY -1,075,531,253.10, compared to CNY -1,267,345,775.83 in the same period of 2023[21]. - The company reported a decrease in cash flow from operating activities due to increased payments to employees and taxes[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,640, with the largest shareholder, Anhui Wanbei Coal and Electricity Group Co., Ltd., holding 659,538,889 shares, representing 54.96% of the total shares[8]. - The top ten shareholders did not engage in any share lending activities during the reporting period[9]. - The proportion of shares held by the top ten shareholders remains stable, with no significant changes reported in their holdings[11]. - The company has not identified any related party transactions among its major shareholders[10]. Operating Costs and Expenses - The company reported a significant increase in operating costs, contributing to the decline in net profit[6]. - Total operating costs increased to CNY 4,395,199,688.05, up 6.9% from CNY 4,111,666,116.63 year-on-year[17]. - Research and development expenses rose to CNY 305,726,178.72, an increase of 14.9% compared to CNY 265,909,168.14 in the previous year[17]. Other Information - The company anticipates continued challenges in coal sales revenue impacting future performance[6]. - The company has not disclosed any new product developments or technological advancements in this reporting period[13]. - There are no significant changes in the market expansion or acquisition strategies mentioned in the report[13]. - Non-recurring gains and losses for the year-to-date included a loss of ¥8,111,342.72 from the disposal of non-current assets[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥187,011,379.19, down 63.38% year-on-year[2]. - The weighted average return on equity for Q3 2024 was 1.49%, a decrease of 2.8 percentage points compared to the same period last year[3]. - The company reported an investment income of CNY 92,099,818.83, which is an increase from CNY 67,398,565.90 in the previous year[17]. - The company's accounts receivable increased to ¥121.71 million from ¥83.60 million in the previous year, indicating a growth of approximately 45.6%[12]. - The total trading financial assets were reported at ¥550 million, significantly up from ¥201.85 million at the end of 2023[12]. - The company reported a decrease in monetary funds, which fell by approximately 12.6% compared to the previous year[12].