TGWC(SH:600116)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥2,567,297,445.38, representing a year-on-year increase of 43.92%[6] - The net profit attributable to shareholders for Q3 2021 was ¥379,419,796.38, reflecting a year-on-year growth of 110.91%[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥247,904,247.74, an increase of 60.08% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2021 reached ¥7,134,643,184.87, a significant increase from ¥2,844,222,229.98 in the same period of 2020, representing a growth of approximately 150.0%[40] - Net profit for the third quarter of 2021 was ¥842,610,102.60, up from ¥396,063,308.09 in the same quarter of 2020, reflecting an increase of approximately 112.0%[43] - The net profit attributable to shareholders of the parent company for the third quarter of 2021 was ¥811,311,539.26, compared to ¥384,084,796.45 in the previous year, marking a growth of around 111.0%[46] Earnings Per Share - The basic earnings per share for Q3 2021 was ¥0.20, a 122.22% increase compared to the same period last year[8] - The diluted earnings per share for Q3 2021 was also ¥0.20, reflecting a 122.22% increase year-on-year[16] - Basic and diluted earnings per share increased to CNY 0.42 from CNY 0.28 year-over-year[49] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥20,811,508,579.59, which is a 6.82% increase from the end of the previous year[9] - Total liabilities amounted to ¥9,666,749,491.84, an increase from ¥9,008,611,885.19 in the previous year, showing a rise of approximately 7.3%[40] - The company's total assets amounted to approximately $19.48 billion, with non-current assets totaling around $15.83 billion[58] - The company's equity totaled approximately $10.47 billion, with total equity attributable to shareholders at around $10.21 billion[58] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥315,198,963.48, representing a 61.93% increase compared to the same period last year[9] - Cash inflow from operating activities reached CNY 7,018,496,156.28, a significant increase from CNY 2,939,762,553.62 in the previous year[49] - Cash inflow from financing activities amounted to CNY 4,269,123,489.38, compared to CNY 1,776,304,994.77 in the previous year[51] - The net cash flow from financing activities was CNY 665,285,096.49, an increase from CNY 100,842,188.63 in the previous year[51] Shareholder Information - The total number of common shareholders at the end of the reporting period was 52,960, with the top 10 shareholders holding a combined 52.77% of shares[17] - China Yangtze Power Co., Ltd. is the largest shareholder, holding 225,375,604 shares, which is 11.79% of the total[17] - The top 10 shareholders include state-owned enterprises, with significant stakes held by China Yangtze Power and Chongqing New Yu Energy Technology Group[17] - The largest shareholder, China Yangtze Power, is controlled by China Three Gorges Corporation, indicating a strong state influence[20] Related Party Transactions - The total amount of related party transactions for the year 2021 was 161,240.92 million RMB, with a planned total of 295,660.94 million RMB[23] - The company has no known related party relationships or concerted action relationships among other shareholders as of the end of the reporting period[20] - The company continues to focus on maintaining a stable financial position with no overdue guarantees and a structured approach to related party transactions[24] Operational Developments - Chongqing Wuling Manganese Industry Co., Ltd. has been designated for shutdown by the government, with plans to close by the end of 2021, aiming to mitigate negative impacts and secure government compensation funds[28] - The company raised approximately 859.99 million yuan through a private placement of 63,468,634 shares at 13.55 yuan per share, with a net amount of 833.96 million yuan after expenses[30] - The company will continue to disclose updates regarding the litigation involving Chongqing Wujing Trading Co., Ltd. and Jia Yuan Mining as required by regulations[29]