HBIS Resources (000923)2024-10-30 11:58Financial Performance - The company's revenue for Q3 2024 was ¥1,395,382,483.57, representing a decrease of 14.01% compared to the same period last year[2] - Net profit attributable to shareholders was ¥100,111,124.67, down 64.98% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥104,866,900.32, a decrease of 63.82% compared to the previous year[2] - The total operating revenue for the third quarter reached ¥4,650,985,552.78, an increase of 16.7% compared to ¥3,984,443,764.63 in the same period last year[12] - The total operating costs amounted to ¥3,638,741,890.45, up 32.6% from ¥2,743,621,165.70 year-on-year[12] - The net profit for Q3 2024 was CNY 778,719,787.45, a decrease of 16.5% compared to CNY 932,985,860.09 in Q3 2023[13] - The total profit for Q3 2024 was CNY 1,050,705,284.73, down from CNY 1,256,825,993.17 in the same period last year, reflecting a decline of 16.4%[13] - The operating profit for Q3 2024 was CNY 1,069,636,129.65, compared to CNY 1,269,098,880.88 in Q3 2023, marking a decrease of 15.7%[13] Assets and Liabilities - Total assets increased to ¥17,097,201,840.77, reflecting a growth of 7.76% from the end of the previous year[2] - The total assets as of the end of the quarter were ¥17,097,201,840.77, compared to ¥15,865,352,191.38 at the beginning of the year, marking an increase of 7.7%[11] - The total liabilities increased to ¥4,103,966,438.32, up from ¥3,675,446,503.27, representing a growth of 11.6%[10] - The equity attributable to shareholders of the parent company increased to ¥9,596,621,992.94 from ¥9,201,167,353.80, a rise of 4.3%[11] Cash Flow - Cash flow from operating activities for the year-to-date was ¥872,946,409.40, an increase of 4.77%[2] - The cash flow from operating activities for the current period was CNY 872,946,409.40, slightly up from CNY 833,238,806.97 in the previous year[14] - The total cash inflow from operating activities was CNY 4,954,613,136.53, an increase from CNY 3,943,681,346.45 in the same period last year[14] - The cash flow from investing activities showed a net outflow of CNY 1,023,905,616.19, compared to a net outflow of CNY 771,961,372.45 in the previous year[15] - The cash flow from financing activities resulted in a net outflow of CNY 402,041,705.80, increasing from CNY 216,387,803.58 in Q3 2023[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,945[6] - The largest shareholder, Hebei Iron and Steel Group Co., Ltd., held 34.59% of the shares[6] Other Financial Metrics - The weighted average return on equity was 1.05%, down 2.15% from the previous year[2] - Sales expenses increased by 59.52% due to higher transportation costs from increased ore sales[5] - The company reported a 39.20% increase in fair value gains due to the rising market value of the environmental restoration fund[5] - The cash and cash equivalents decreased to ¥4,429,955,527.29 from ¥4,882,171,677.75, a decline of 9.2%[9] - Inventory levels rose to ¥652,766,999.29, an increase of 27.7% from ¥510,802,616.19 at the beginning of the year[9] - The company invested ¥1,349,056.60 in research and development during the quarter, indicating a focus on innovation[12] - The company reported a decrease in other comprehensive income, which stood at -¥1,393,219,904.21 compared to -¥1,602,721,293.22 in the previous period[10] - The earnings per share for Q3 2024 were CNY 0.8849, down from CNY 1.0215 in Q3 2023[13] - The cash and cash equivalents at the end of the period were CNY 4,428,255,346.97, a decrease from CNY 4,735,451,356.29 at the end of Q3 2023[15] - The total comprehensive income for Q3 2024 was CNY 1,205,115,250.94, significantly higher than CNY 324,588,450.44 in the same period last year[13]