ZRC(000506)2024-10-29 12:13Financial Performance - The company's operating revenue for Q3 2024 was ¥56,008,769.01, representing a decrease of 12.96% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥35,152,798.70, a decline of 122.59% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥24,705,328.73, down 41.55% from the previous year[2] - The company reported a basic earnings per share of -¥0.04 for Q3 2024, a decrease of 122.59% compared to the same period last year[2] - Total operating revenue for the current period is ¥154,881,863.10, a decrease of 29.2% from ¥218,508,312.86 in the previous period[14] - Net profit for the current period is a loss of ¥95,262,192.45, compared to a profit of ¥60,552,614.07 in the previous period[15] - Basic earnings per share for the current period is -¥0.10, compared to ¥0.08 in the previous period[15] - Total comprehensive income attributable to the parent company is -¥99,078,321.81, compared to ¥61,844,446.87 in the previous period[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,398,179,037.82, an increase of 2.38% compared to the end of the previous year[2] - The equity attributable to shareholders decreased by 12.83% to ¥607,420,297.74 compared to the end of the previous year[2] - The total liabilities rose to approximately CNY 1.152 billion from CNY 997.580 million, indicating an increase of about 15.5%[12] - The company's equity attributable to shareholders decreased to approximately CNY 607.420 million from CNY 696.793 million, a decline of about 12.7%[13] Cash Flow - The cash flow from operating activities for the year-to-date was -¥6,311,888.72, an improvement of 58.48% year-on-year[2] - Cash inflow from operating activities totaled ¥193,325,881.83, down from ¥215,881,324.10 in the previous period[16] - The company reported a significant decrease in investment income, down to ¥10,140,655.72 from ¥177,778,630.31 in the previous period[14] - The net cash flow from financing activities for Q3 2024 was 18,176,507.48 CNY, compared to 23,079,820.41 CNY in the previous period[17] - Cash and cash equivalents at the end of Q3 2024 amounted to 1,790,056.33 CNY, down from 3,746,600.88 CNY at the end of the previous period[17] - The company reported a decrease in cash and cash equivalents of 1,211,659.44 CNY for Q3 2024[17] Investments - Long-term equity investments decreased by 50.81% to ¥27,541,042.70 compared to the end of the previous year[6] - The company experienced a 29.12% decrease in operating revenue year-to-date, primarily due to a decline in production[6] - The company has terminated its cooperation on the tailings recovery project at the Fiji Vatukoula Gold Mine, leading to a reduction in long-term equity investments[6] - The company’s long-term equity investments decreased to approximately CNY 27.541 million from CNY 55.984 million, a decline of about 50.9%[11] Operational Changes - The company decided to terminate its non-public issuance of A-shares originally planned for 2022 due to external environment considerations and internal assessments[9] - A share transfer agreement was signed on October 13, 2024, where Shandong Zhaojin Ruining Mining Co., Ltd. will acquire 185,803,552 shares, representing 20% of Zhongrun Resources' total shares[10] Inventory and Expenses - Inventory increased significantly to approximately CNY 118.599 million from CNY 83.287 million, marking an increase of approximately 42.4%[11] - The company’s management expenses increased slightly to ¥57,942,930.92 from ¥57,115,206.97 year-over-year[14] - The company recorded a decrease in tax expenses to ¥5,175,436.53 from ¥10,861,216.92 in the previous period[14] Accounts Payable - The company reported a significant increase in accounts payable, which rose to approximately CNY 87.787 million from CNY 70.540 million, an increase of about 24.4%[12] Other Financial Metrics - Cash flow from operating activities shows a net outflow of ¥6,311,888.72, an improvement from a net outflow of ¥15,202,175.05 in the previous period[16] - The total cash inflow from financing activities was 34,960,473.31 CNY, while the total cash outflow was 16,783,965.83 CNY[17] - The company received 173,000,000.00 CNY in loans during the quarter[17] - The company distributed dividends and interest payments totaling 4,473,993.44 CNY during the quarter[17] - The impact of exchange rate changes on cash and cash equivalents was a negative 1,461,680.95 CNY[17] - The company did not undergo an audit for the Q3 2024 report[17]