Financial Performance - The company's operating revenue for the third quarter was RMB 60,668,730, a decrease of 18.23% compared to the same period last year[2]. - Net profit attributable to shareholders of the listed company was RMB 577,541, down 74.13% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 612,812, representing a decline of 78.03% compared to the previous year[2]. - Basic earnings per share were RMB 0.031, a decrease of 76.11% from the same period last year[2]. - The weighted average return on net assets was 0.96%, a decrease of 2.96 percentage points year-on-year[2]. - Total comprehensive income for the first three quarters of 2022 was RMB 6,333,993 thousand, a decrease of 21.6% compared to RMB 8,076,139 thousand in 2021[18]. - Net profit attributable to shareholders for the first three quarters of 2022 was RMB 4.57 billion, a decrease of 13.9% from RMB 5.31 billion in the same period of 2021[17]. - Net profit for the first three quarters of 2022 was RMB 129,829 thousand, a significant decrease from RMB 2,652,019 thousand in the same period of 2021[31]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 192,376,897, an increase of 3.12% compared to the end of the previous year[2]. - Total assets as of September 30, 2022, amounted to RMB 198.44 billion, up from RMB 192.43 billion at the end of 2021[15]. - Total liabilities decreased slightly to RMB 118.65 billion as of September 30, 2022, compared to RMB 119.59 billion at the end of 2021[14]. - Total liabilities decreased to RMB 71,946,108 thousand as of September 30, 2022, down from RMB 72,714,553 thousand at the end of 2021[28]. - The company reported a decrease in total non-current assets to RMB 135.35 billion as of September 30, 2022, from RMB 143.72 billion at the end of 2021[13]. Cash Flow - The net cash flow from operating activities was RMB 19,360,344, an increase of 8.81% compared to the previous year[2]. - Net cash flow from operating activities for the first three quarters of 2022 was RMB 19,360,344 thousand, an increase of 8.9% from RMB 17,792,063 thousand in 2021[20]. - Cash inflow from investment activities for the first three quarters of 2022 was RMB 10,483,961 thousand, up 28.0% from RMB 8,185,942 thousand in 2021[21]. - Cash outflow from financing activities for the first three quarters of 2022 was RMB 27,392,219 thousand, a decrease of 43.8% compared to RMB 48,703,211 thousand in 2021[22]. - The net cash flow from financing activities was -2,875,100 in 2022, an improvement from -4,435,432 in 2021[35]. Production and Operations - In the first nine months of 2022, the company produced 1,243,000 tons of alumina, a 2.16% increase from 1,217,000 tons in the same period of 2021[6]. - The company’s coal production surged by 50.56%, reaching 813,000 tons compared to 540,000 tons in the previous year[6]. - The company generated 123 billion kWh of electricity, marking a 9.82% increase from 112 billion kWh in the same period of 2021[6]. - The company reported a decrease in fine alumina production, which fell by 2.96% to 311,000 tons from 321,000 tons in the previous year[6]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 569,970[7]. - China Aluminum Group Co., Ltd. holds 5,050,376,970 shares, representing 29.47% of the total shares[8]. Research and Development - Research and development expenses increased significantly to RMB 2.65 billion in the first three quarters of 2022, compared to RMB 1.21 billion in the same period of 2021, reflecting a focus on innovation[16]. - Research and development expenses surged to RMB 360,807 thousand in 2022, compared to RMB 35,443 thousand in 2021, indicating a focus on innovation[30]. Market Conditions - The company experienced a significant decline in aluminum product market prices compared to the same period last year, impacting profitability[5]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16].
中国铝业(02600) - 2022 Q3 - 季度财报