Financial Performance - Operating revenue for the third quarter was CNY 7,649,896, a decrease of 15.88% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY -787,733, representing a decline of 531.21% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -833,404, down 558.09% from the previous year[3]. - Basic and diluted earnings per share were both CNY -0.09, a decrease of 550.00% year-on-year[3]. - Net profit for the first three quarters of 2022 was a loss of CNY 271,317, compared to a net profit of CNY 2,879,721 in the same period of 2021[20]. - The company reported a total comprehensive income attributable to the parent company of -271,317 for the first three quarters of 2022, compared to 2,879,721 in the same period of 2021[22]. - The company reported a net loss of CNY 306,348 for the first three quarters of 2022, compared to a net profit of CNY 2,733,131 in the same period of 2021[36]. - Total comprehensive income amounted to -306,348 thousand RMB, compared to 2,733,131 thousand RMB in the previous year[39]. Cash Flow - Cash flow from operating activities showed a net amount of CNY 1,101,822, a decrease of 44.66% compared to the previous year[3]. - Cash inflow from operating activities was 27,925,273 thousand RMB, a decrease of 4.9% from 29,385,363 thousand RMB in the previous year[41]. - Net cash flow from operating activities decreased to 867,510 thousand RMB, down 42.4% from 1,505,138 thousand RMB in the previous year[41]. - Cash outflow from investment activities was CNY 2,767,149, down 26.3% from CNY 3,751,411 in 2021[25]. - Net cash flow from investing activities was -2,138,542 thousand RMB, an improvement from -3,743,901 thousand RMB in the previous year[42]. - Cash inflow from financing activities was 2,433,694 thousand RMB, down 57.6% from 5,740,457 thousand RMB in the previous year[43]. - Net cash flow from financing activities was negative CNY 1,866,161 for the first three quarters of 2022, compared to a positive CNY 1,135,192 in the same period of 2021[27]. - The net increase in cash and cash equivalents was -2,885,196 thousand RMB, worsening from -607,094 thousand RMB in the previous year[44]. - The ending balance of cash and cash equivalents was 2,946,918 thousand RMB, down from 4,082,367 thousand RMB in the previous year[44]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 39,645,837, down 7.79% from the end of the previous year[3]. - Current assets totaled RMB 9,204,507 thousand, down from RMB 13,350,662 thousand, indicating a decrease of about 30.4%[13][16]. - Total liabilities decreased to RMB 17,544,996 thousand from RMB 20,620,747 thousand, representing a reduction of approximately 14.5%[17]. - The company’s total assets decreased to CNY 39,343,006 as of September 30, 2022, from CNY 42,616,495 at the end of 2021[32]. - Total current assets decreased to CNY 9,370,179 as of September 30, 2022, down from CNY 13,544,575 at the end of 2021[28]. - Total liabilities decreased to CNY 17,445,489 as of September 30, 2022, compared to CNY 20,407,592 at the end of 2021[31]. - Current liabilities totaled RMB 13,471,562 thousand, down from RMB 15,411,421 thousand, indicating a decrease of approximately 12.6%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 178,939[6]. - The largest shareholder, Chongqing Changshou Iron & Steel Co., Ltd., holds 23.51% of the shares[7]. Research and Development - Research and development expenses increased to CNY 196,029 in the first three quarters of 2022, up 67.0% from CNY 117,372 in the same period of 2021[18]. - Research and development expenses increased to CNY 196,029 in the first three quarters of 2022, up from CNY 117,373 in the same period of 2021, reflecting a focus on innovation[34]. Future Outlook - The company plans to continue focusing on market expansion and new product development to improve future performance[34].
重庆钢铁股份(01053) - 2022 Q3 - 季度财报