MTL(SH:600683)2024-10-30 10:55Financial Performance - The company's operating revenue for Q3 2024 was ¥560,572,233.63, representing a year-on-year increase of 103.32%[2]. - The net profit attributable to shareholders for Q3 2024 was -¥702,483,661.12, with a year-to-date net profit of -¥845,117,733.45, reflecting a decrease of 1,285.82% compared to the same period last year[2][4]. - The basic and diluted earnings per share for Q3 2024 were both -¥1.0600, compared to -¥1.4700 for the same period last year[4]. - The weighted average return on equity for Q3 2024 was -66.65%, down from -84.81% year-on-year[4]. - The net profit for the third quarter of 2024 was -1,148,495,859.98 CNY, compared to a net profit of 181,136,055.43 CNY in the same period of 2023, indicating a significant decline[18]. - The total comprehensive income for the third quarter of 2024 was -1,176,751,452.49 CNY, compared to 130,667,990.25 CNY in the previous year[19]. - The net loss attributable to the parent company for the first three quarters of 2024 was CNY -777,147,437.54, contrasting with a profit of CNY 311,830,295.89 in the same period of 2023[15]. - The total operating profit for the third quarter of 2024 was -961,066,371.35 CNY, compared to 279,081,352.39 CNY in the previous year[18]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥59,210,497,177.28, a decrease of 0.57% from the end of the previous year[4]. - Shareholders' equity attributable to the parent company was ¥6,725,348,905.86, down 14.25% from the previous year[4]. - The company's total assets as of the end of the third quarter of 2024 were CNY 59,210,497,177.28, slightly down from CNY 59,548,451,584.36 at the end of 2023[15]. - The company's total liabilities increased to CNY 7,349,209,105.43 from CNY 6,326,939,159.29, reflecting a rise of about 16.14%[24]. - Non-current liabilities increased to CNY 34,616,926,631.77 in Q3 2024 from CNY 33,917,492,844.33 in Q3 2023, reflecting a rise of approximately 2.1%[15]. Cash Flow - The company reported a significant decrease in cash flow from operating activities, with a year-to-date net outflow of -¥7,666,264,164.63[2][8]. - The cash flow from operating activities for the first nine months of 2024 was -7,666,264,164.63 CNY, a decrease from -4,993,214,929.98 CNY in the same period of 2023[21]. - The cash inflow from operating activities was ¥2,167,670,921.60, compared to ¥281,283,479.34 in the previous year, indicating a substantial increase of about 669%[30]. - The company experienced a net cash flow from financing activities of -¥933,357,251.05, compared to -¥216,195,995.43 in the same period last year, indicating a worsening financing position[31]. - The total cash inflow from financing activities was only ¥10,000,000.00, a significant drop from ¥2,291,000,000.00 in 2023, representing a decrease of approximately 99.56%[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,138[9]. - The largest shareholder, Beijing Infrastructure Investment Co., Ltd., holds 296,310,991 shares, representing 40.00% of the total shares[9]. Inventory and Receivables - The company recognized an impairment loss on inventory, contributing to the decline in net profit attributable to shareholders[8]. - Accounts receivable decreased slightly to ¥457,235,363.49 from ¥483,098,027.97 compared to the previous year[13]. - Inventory increased significantly to ¥44,558,206,301.56 from ¥36,810,583,979.35 year-over-year[13]. Other Financial Metrics - The company reported a long-term equity investment of ¥295,915,448.42, up from ¥175,864,664.63 year-over-year[13]. - The company incurred a total tax expense of 180,995,943.31 CNY in the third quarter of 2024, compared to 85,362,614.90 CNY in the same period of 2023[18]. - The company's cash and cash equivalents decreased to ¥1,846,831,410.00 from ¥10,087,661,396.15 year-over-year[13]. - The company's cash and cash equivalents were not explicitly detailed, but the total liabilities reached CNY 51,172,862,059.99, up from CNY 50,090,205,014.60 in the previous year[15].