2022-10-21 12:19Financial Performance - Total revenue for the third quarter reached RMB 71.73 billion, an increase of 21.35% year-on-year[4] - Net profit for the third quarter was RMB 5.26 billion, a decrease of 6.49% compared to the same period last year[4] - The net profit attributable to shareholders was RMB 4.04 billion, down 13.24% year-on-year[4] - Basic earnings per share for the quarter were RMB 0.155, a decrease of 12.70% compared to the previous year[6] - The total profit for the year-to-date was RMB 24.88 billion, an increase of 34.90% compared to the previous year[4] - In the first nine months of 2022, the company achieved a revenue of CNY 204.19 billion, representing a year-on-year growth of 20.84%[13] - The net profit attributable to shareholders for the same period was CNY 16.67 billion, an increase of 47.47% year-on-year[13] - Net profit for the third quarter of 2022 was 20.69 billion, up from 14.53 billion in the same quarter of 2021, indicating a growth of approximately 42.4%[19] - Basic and diluted earnings per share for the third quarter of 2022 were both CNY 0.635, up from CNY 0.440 in the previous year, indicating a growth of approximately 44.3%[20] Assets and Liabilities - Total assets increased by 37.48% year-on-year, reaching RMB 286.77 billion[6] - The company's total assets as of the end of the third quarter of 2022 amounted to 286.77 billion, compared to 208.59 billion at the end of the same quarter in 2021, marking an increase of about 37.4%[17] - Total liabilities increased to 167.17 billion in the third quarter of 2022 from 115.70 billion in the same quarter of 2021, representing a growth of approximately 44.5%[17] - The company's non-current assets totaled 204.00 billion, up from 161.53 billion year-over-year, reflecting an increase of about 26.3%[17] - The company's equity attributable to shareholders increased to 84.33 billion from 71.03 billion, reflecting a growth of about 18.7%[17] - The total liabilities rose to ¥60,311,808,693 from ¥44,155,030,856, which is an increase of around 36.5%[26] - The company's long-term borrowings increased to ¥18,532,992,500 from ¥6,666,077,500, reflecting a growth of approximately 178.5%[26] Cash Flow - The company reported a net cash flow from operating activities of RMB 21.95 billion, an increase of 23.21% year-to-date[6] - Cash inflow from operating activities for the first three quarters of 2022 was CNY 219,822,304,943, compared to CNY 176,032,373,386 in the same period of 2021, reflecting an increase of about 24.9%[22] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 21,948,447,561, up from CNY 17,814,544,258 in 2021, marking a growth of approximately 23.9%[22] - The total cash and cash equivalents at the end of the third quarter of 2022 amounted to CNY 20,011,920,247, compared to CNY 12,874,274,676 at the end of the same period in 2021, showing an increase of about 55.5%[23] - The net cash flow from financing activities for the third quarter of 2022 was CNY 13,524,919,252, significantly higher than CNY 4,450,325,358 in the previous year, indicating a growth of approximately 203.5%[23] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 217,867,098,629 for the first three quarters of 2022, compared to CNY 174,563,915,662 in 2021, which is an increase of approximately 24.8%[21] Production and Operations - Gold production increased by 18.94% year-on-year, reaching 40,982 kg, while copper production surged by 54.98% to 632,497 tons[13] - The gross profit margin for mining enterprises was 56.38%, a decrease of 2.85 percentage points compared to the previous year[13] - The comprehensive gross profit margin improved to 15.60%, an increase of 0.82 percentage points year-on-year[13] - The company is focusing on key projects such as the Serbia Peji Copper-Gold Mine and the Kamoa-Kakula Copper Mine for future growth[13] - The company has plans for market expansion and new product development in the mining sector[13] Future Outlook - The company plans to continue expanding its market presence and product offerings in the upcoming quarters[9] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]