白银有色(601212) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for the third quarter was RMB 16.45 billion, a decrease of 25.95% year-over-year[2] - Net profit attributable to shareholders was a loss of RMB 323.30 million, a significant decrease of 1,565.24% year-over-year[2] - The company's net profit attributable to shareholders for the reporting period was -1,565.24 million yuan, primarily due to increased losses from embedded derivative financial instruments[7] - Net profit for the quarter was RMB 220.47 million, a decrease of 43.4% compared to RMB 389.78 million in the same period last year[18] - Sales revenue from goods and services was RMB 78.77 billion, a 1.7% increase from RMB 77.46 billion in the same period last year[20] Assets and Liabilities - Total assets increased by 7.73% to RMB 51.68 billion compared to the end of the previous year[3] - Total assets increased to RMB 51.68 billion as of September 30, 2024, up from RMB 47.97 billion at the end of 2023[13][15] - Total liabilities rose to RMB 33.80 billion in Q3 2024, compared to RMB 30.37 billion at the end of 2023[14][15] - Short-term borrowings decreased to RMB 9.86 billion in Q3 2024, down from RMB 11.32 billion at the end of 2023[14] - Total equity increased to RMB 17.87 billion as of September 30, 2024, up from RMB 17.60 billion at the end of 2023[15] Cash Flow - Operating cash flow for the third quarter was negative RMB 1.34 billion, a significant decrease of 126.29% year-over-year[2] - Operating cash flow was negative RMB 359.21 million, compared to positive RMB 1.37 billion in the previous year[20] - Cash received from tax refunds decreased by 76.6% to RMB 134.76 million from RMB 577.15 million in the previous year[20] - Investment activities cash outflow totaled 1,507,166,511.66[21] - Financing activities cash inflow amounted to 12,670,185,122.51[21] - Net cash flow from financing activities was 599,272,283.88[21] - Net increase in cash and cash equivalents reached 1,498,517,934.98[21] - Ending cash and cash equivalents balance stood at 5,582,573,811.44[21] Equity and Earnings - Equity attributable to shareholders increased by 1.51% to RMB 15.16 billion compared to the end of the previous year[3] - Basic earnings per share for the third quarter was a loss of RMB 0.042[3] - Weighted average return on equity for the third quarter was -2.04%[3] - Basic earnings per share were negative RMB 0.042, compared to negative RMB 0.007 in the previous year[19] - Total comprehensive income was RMB 723.97 million, a 77.1% increase from RMB 408.80 million in the same period last year[19] Inventory and Receivables - Inventory increased by 26.33% due to an increase in both quantity and unit price of inventory at the end of the period[6] - Inventory increased to RMB 18.45 billion as of September 30, 2024, up from RMB 14.60 billion at the end of 2023[13] - Accounts receivable grew to RMB 1.94 billion in Q3 2024, compared to RMB 1.56 billion at the end of 2023[13] - Accounts receivable financing increased by 111.94% due to an increase in bank acceptance bills[6] - Prepayments increased by 46.50% due to an increase in unsettled raw material procurement payments[6] R&D Expenses - The company's R&D expenses increased to 66.26 million yuan, reflecting higher investment in R&D projects[7] - R&D expenses increased by 66.2% to RMB 144.58 million from RMB 86.96 million in the previous year[18] Production and Sales - The company's copper, zinc, and lead product output totaled 584,100 tons, a year-on-year increase of 11.52%[11] - Cathode copper production reached 274,300 tons, up 22.6% year-on-year[11] - Gold production increased by 86.07% to 12,912 kilograms[11] - Silver production rose by 50.99% to 361.89 tons[11] - Copper sales volume increased by 32.65% to 283,600 tons[11] - Zinc sales volume grew by 12.04% to 220,300 tons[11] - Gold sales volume surged by 93.09% to 9,385.87755 kilograms[11] - Sulfuric acid sales volume increased by 27.28% to 1.1635 million tons[11] Operating Costs and Income - Operating revenue for the first nine months of 2024 was RMB 69.05 billion, slightly down from RMB 69.56 billion in the same period of 2023[16] - Operating costs for the first nine months of 2024 were RMB 67.81 billion, slightly lower than RMB 68.77 billion in the same period of 2023[16] - Investment income showed a loss of RMB 188.18 million, a significant increase from the loss of RMB 75.84 million in the previous year[18]