五矿资本(600390) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 15.46% to CNY 6.05 billion for the first nine months compared to the same period last year[6]. - Net profit attributable to shareholders fell by 19.68% to CNY 1.70 billion year-on-year[6]. - Basic earnings per share decreased by 27.42% to CNY 0.45[6]. - The company reported a net profit of CNY 4.76 billion, compared to CNY 3.15 billion in the previous year[21]. - Net profit for Q3 was CNY 620.43 million, a decrease from CNY 1.19 billion in the same quarter last year[28]. - The company reported a total comprehensive income of CNY 557.22 million for Q3, down from CNY 1.27 billion in the same quarter last year[29]. - The company reported a substantial increase in other income, which rose by 79.25% to CNY 33.52 million, primarily due to local tax incentives[14]. - The company’s net profit increased by 50.94% to ¥4,758,895,847.81, driven by higher overall profitability during the reporting period[12]. Assets and Liabilities - Total assets increased by 0.29% to CNY 118.24 billion compared to the end of the previous year[6]. - The company’s total non-current assets increased to CNY 29.20 billion from CNY 24.07 billion at the beginning of the year, indicating growth in long-term investments[19]. - Total current assets decreased to CNY 43.87 billion from CNY 53.41 billion at the beginning of the year, reflecting a reduction in cash and cash equivalents[19]. - Current liabilities decreased to CNY 64.42 billion from CNY 71.39 billion year-on-year[21]. - Total liabilities amounted to CNY 82.13 billion, slightly down from CNY 83.42 billion year-on-year[21]. - Long-term borrowings increased by 87.27% to ¥4,390,143,288.12, reflecting an increase in long-term financing activities[12]. - The company’s long-term equity investments increased to CNY 29.69 billion from CNY 28.81 billion year-on-year[23]. Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -1.39 billion compared to CNY -8.01 billion in the previous year[6]. - The net cash flow from operating activities was negative at CNY -1.39 billion, compared to CNY -8.01 billion in the same period last year, indicating a significant improvement[16]. - Cash inflow from financing activities totaled CNY 8,812,900,005.44, compared to CNY 41,930,580,374.74 in the previous year[36]. - The company reported a net cash decrease of CNY 3,832,981,687.68 for the first nine months of 2018, contrasting with an increase of CNY 4,927,604,881.70 in the same period last year[36]. - The total cash and cash equivalents at the end of Q3 2018 stood at CNY 10,605,780,533.29, down from CNY 13,828,855,748.05 at the end of the previous year[36]. Shareholder Information - The total number of shareholders reached 37,259[9]. - The largest shareholder, China Minmetals Corporation, holds 47.07% of the shares[9]. Expenses and Costs - The company's operating costs for Q3 2018 were approximately CNY 3.60 billion, a decrease of 41.72% compared to the same period last year[14]. - Interest expenses increased significantly to CNY 2.29 billion, up 221.37% year-over-year, due to changes in the consolidation scope[14]. - The company’s financial expenses rose by 85.14% to CNY 182.99 million, attributed to interest income adjustments from idle funds[14]. - The impairment losses on assets surged by 296.49% to CNY 460.94 million, reflecting changes in the consolidation scope[14]. - Research and development expenses were CNY 14.51 million for Q3, compared to CNY 33.91 million in the same period last year[27]. Investment Activities - The company's interest income for the first nine months of 2018 increased by 47.64% to ¥631,608,939.33, attributed to changes in the consolidation scope compared to the same period last year[13]. - Investment income for the period was CNY 402.61 million, with a significant decrease compared to the previous year's CNY 1.18 billion[28]. - The company received $729,961,830.54 from investment recoveries, with no comparable figure from the previous year[38].