2018-10-26 16:00Financial Performance - Net profit attributable to shareholders rose by 51.40% to CNY 3.35 billion for the first nine months of the year[8]. - Operating revenue for the first nine months reached CNY 76.17 billion, reflecting a 22.90% increase year-on-year[8]. - Basic earnings per share increased by 46.00% to CNY 0.146 per share[9]. - The company reported a net profit excluding non-recurring gains and losses of CNY 3.23 billion, up 98.61% year-on-year[9]. - In Q3 2018, the net profit attributable to shareholders was 826 million yuan, up 16.53% year-on-year[16]. - The company achieved a net profit attributable to shareholders of 3.352 billion yuan for the first nine months of 2018, representing a year-on-year increase of 51.40%[16]. - Net profit for the first nine months of 2018 was ¥3.91 billion, a significant increase of 46.3% compared to ¥2.67 billion in the same period last year[38]. - The company reported a total profit of CNY 571,172,551 for Q3 2018, compared to CNY 413,470,997 in Q3 2017, reflecting an increase of about 38.2%[41]. Assets and Liabilities - Total assets increased by 1.91% to CNY 91.27 billion compared to the end of the previous year[8]. - Total current assets increased to ¥27,519,254,690 from ¥27,163,968,288, reflecting a growth of approximately 1.31%[29]. - Total non-current assets increased to ¥63,746,763,741 from ¥62,388,486,419, representing a growth of about 2.18%[30]. - Total liabilities increased to ¥53,005,275,097 from ¥51,719,899,502, an increase of approximately 2.48%[31]. - The company reported a total liability of ¥34.25 billion, an increase from ¥31.84 billion in the previous year[34]. - The company’s total current liabilities increased to ¥16.83 billion from ¥11.90 billion year-on-year[34]. - The company’s long-term borrowings stood at ¥5.71 billion, slightly up from ¥5.68 billion in the previous year[34]. Cash Flow - Cash flow from operating activities increased by 14.83% to CNY 6.62 billion for the first nine months[8]. - Operating cash inflow for the period reached ¥82.32 billion, a 28.2% increase from ¥64.19 billion in the same period last year[46]. - Net cash flow from operating activities amounted to ¥6.62 billion, up 14.8% from ¥5.76 billion year-on-year[46]. - Cash inflow from sales of goods and services was ¥81.77 billion, compared to ¥63.30 billion in the same period last year, indicating a significant growth[46]. - Cash paid for purchasing goods and services increased to ¥68.32 billion from ¥51.49 billion, reflecting higher operational costs[46]. Shareholder Information - The total number of shareholders reached 724,787 by the end of the reporting period[12]. - The largest shareholder, Minxi Xinghang State-owned Assets Investment and Operation Co., held 25.88% of shares[12]. Expenses - Sales expenses for the first nine months of 2018 were 646.85 million yuan, a 12.36% increase compared to 575.69 million yuan in the same period last year[18]. - Financial expenses decreased by 58.43% to 805.38 million yuan in the first nine months of 2018, down from 1.937 billion yuan in the previous year[20]. - Research and development expenses for the first nine months of 2018 were ¥173.46 million, a decrease of 10% compared to ¥192.75 million in the same period last year[37]. - Financial expenses for Q3 2018 totaled CNY 63,240,044, down from CNY 119,830,966 in Q3 2017, representing a decrease of about 47.3%[41]. Investment and Growth - The company recorded an investment income of ¥286.55 million, recovering from a loss of ¥238.41 million in the previous year[38]. - The company plans to enhance the utilization of low-grade resources to ensure sustainable development[16]. - The production of copper from mining reached 182,469 tons in 2018, up from 152,812 tons in 2017, with a gross margin of 52.31%[17]. - The total assets under construction increased by 36.30% to 4.493 billion yuan compared to the beginning of the year[21]. Other Financial Metrics - The weighted average return on equity improved by 2.29 percentage points to 9.45%[9]. - The overall gross margin for mining enterprises increased to 48.68% in the first three quarters of 2018, up 2.62 percentage points from the previous year[17]. - The company’s other comprehensive income after tax for the first nine months was a loss of ¥639.89 million, compared to a gain of ¥621.23 million in the same period last year[38]. - Total comprehensive income for Q3 2018 was CNY 878,174,745, compared to CNY 1,013,297,353 in Q3 2017, showing a decrease of about 13.3%[41]. - The company experienced a foreign exchange loss of CNY 204,940,288 in Q3 2018, compared to a gain of CNY 147,485,181 in Q3 2017, representing a significant negative shift[41].