山东钢铁(600022) - 2014 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months decreased by 23.37% to CNY 40.26 billion compared to the same period last year[8] - Net loss attributable to shareholders for the third quarter was CNY -984.35 million, compared to a loss of CNY -104.25 million in the same period last year[8] - Basic and diluted earnings per share for the third quarter were both CNY -0.1540, compared to CNY -0.0199 in the same period last year[8] - The company reported a net loss of ¥2,809,676,540.72, a decrease from the previous loss of ¥1,818,657,333.80[14] - The net profit for the first nine months was a loss of CNY 1.00 billion, compared to a loss of CNY 195.34 million in the same period last year[36] - The total comprehensive income for the third quarter was a loss of CNY 196.47 million, compared to a profit of CNY 31.79 million in the same quarter last year[36] Assets and Liabilities - Total assets decreased by 3.95% to CNY 49.52 billion compared to the end of the previous year[7] - The company's current assets totaled CNY 11.31 billion, down from CNY 13.02 billion at the beginning of the year, indicating a decrease of about 13.09%[24] - The total liabilities reached CNY 37.44 billion, a slight decrease from CNY 38.49 billion at the start of the year, representing a reduction of approximately 2.73%[26] - The company's equity attributable to shareholders decreased to CNY 12.03 billion from CNY 13.01 billion, marking a decline of about 7.52%[26] - The company's long-term borrowings decreased by 75.31% to ¥619,016,736.25 from ¥2,506,906,799.36[14] - The company's total liabilities decreased to ¥37,349,289,343.47 in Q3 2014 from ¥38,393,630,438.84 in Q3 2013, a reduction of approximately 2.7%[30] Cash Flow - Net cash flow from operating activities for the first nine months was negative at CNY -707.21 million, a decrease of 148.18% compared to the same period last year[7] - Cash flow from operating activities showed a net outflow of CNY 707.21 million, a significant decline from a net inflow of CNY 1.47 billion in the previous year[40] - The cash flow from investing activities resulted in a net outflow of CNY 540.38 million, compared to a net outflow of CNY 1.25 billion in the previous year[41] - The cash flow from financing activities generated a net inflow of CNY 1.69 billion, a turnaround from a net outflow of CNY 748.65 million in the same period last year[41] - Cash inflow from financing activities rose significantly to 14.05 billion, compared to 8.94 billion in the same period last year, marking a 57.5% increase[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 224,076[11] - The largest shareholder, Jinan Steel Group Co., Ltd., held 39.59% of shares, totaling 2.55 billion shares[11] - The second-largest shareholder, Laiwu Steel Group Co., Ltd., held 36.59% of shares, totaling 2.36 billion shares[11] Operational Costs - Total operating costs for Q3 2014 were ¥13,282,409,531.29, down 15.6% from ¥15,744,448,690.73 in the same period last year[33] - The company reported a total operating cost of CNY 38.54 billion for the first nine months, down from CNY 43.84 billion year-on-year, reflecting a decrease of 12.1%[36] - Financial expenses for the first nine months increased to CNY 636.84 million, up from CNY 553.81 million, marking a rise of 15%[36] Inventory and Receivables - Inventory levels decreased significantly from CNY 6.43 billion to CNY 4.60 billion, a reduction of about 28.38%[24] - The company's accounts receivable increased to CNY 481.33 million from CNY 461.60 million, reflecting a growth of about 4.27%[24]