*ST西钢(600117) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥3,286,017,127.14, representing a year-on-year increase of 23.35%[6] - The net profit attributable to shareholders was -¥121,058,014.19, a decrease of 758.45% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥89,417,597.55, a decline of 312.38% year-on-year[6] - The basic earnings per share for the period was -¥0.12, reflecting a decrease of 1,100.00% year-on-year[6] - The weighted average return on net assets was -9.76%, a decrease of 8.76 percentage points compared to the previous year[6] - The net profit attributable to shareholders of the parent company was -2,384.78 million, reflecting changes in government subsidies and minority interests[15] - Net profit decreased to -¥122,517,764.37 compared to a profit of ¥70,088,604.73 in the previous year, indicating a decline of 274.7%[31] - The total comprehensive income for the period was -¥122,517,764.37, contrasting with ¥70,088,604.73 from the previous year[33] - The company’s total profit decreased to -¥73,549,222.89 from ¥123,124,978.47, a decline of 159.8% year-over-year[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥19,295,993,719.96, down 5.81% from the end of the previous year[9] - The equity attributable to shareholders decreased to ¥1,235,552,030.42, a reduction of 14.70% compared to the previous year[9] - As of September 30, 2021, total assets amounted to approximately ¥19.30 billion, a decrease from ¥20.49 billion as of December 31, 2020, reflecting a decline of about 5.8%[22] - Current assets totaled approximately ¥5.98 billion, down from ¥6.84 billion, indicating a decrease of around 12.5%[22] - Accounts receivable decreased to approximately ¥644.26 million from ¥890.97 million, representing a decline of about 27.7%[22] - Inventory increased to approximately ¥2.79 billion from ¥2.44 billion, showing an increase of about 14.4%[22] - Non-current assets totaled approximately ¥13.31 billion, down from ¥13.65 billion, reflecting a decrease of about 2.5%[25] - Short-term borrowings decreased to approximately ¥4.17 billion from ¥4.67 billion, a reduction of about 10.8%[25] - Total current liabilities were approximately ¥12.61 billion, down from ¥13.45 billion, indicating a decrease of about 6.3%[25] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥733,349,321.17, an increase of 18.73% compared to the same period last year[6] - The net cash flow from investing activities was -121.41 million, primarily due to equity payments received in the previous year[15] - The net cash flow from investment activities was -49,944,456.23, a significant decline from 233,317,433.25 in the previous period[37] - Cash inflow from operating activities totaled 5,165,711,515.82, compared to 3,673,573,444.92 in the previous period, marking an increase of approximately 40.5%[37] - Cash outflow for operating activities was 4,432,362,194.65, up from 3,055,903,857.61, indicating an increase of about 45.0%[37] - Total cash inflow from financing activities was 8,024,476,372.47, compared to 9,554,058,414.00 in the prior period, indicating a decrease of about 16.0%[38] - Cash outflow for debt repayment was 3,220,837,252.41, down from 5,777,829,366.67, representing a reduction of approximately 44.0%[38] - The cash flow from financing activities resulted in a net outflow of -746,849,587.11, slightly improved from -855,228,649.03 in the previous period[38] Investments and Expenses - The company reported a significant increase in long-term equity investments by 54.05%, attributed to improved performance from its joint venture[12] - R&D expenses increased by 70.07% as the company focused on improving product quality and optimizing production processes[15] - Investment income surged by 179.35% mainly due to improved performance from affiliated mining companies[15] - The company reported a significant increase in credit impairment losses of -215.90% due to a decrease in accounts receivable balance[15] - The company’s financial expenses surged to ¥475,213,306.79, up from ¥210,544,860.35, an increase of about 125.5%[31] - The company reported a significant increase in tax expenses, totaling ¥64,693,097.54, slightly down from ¥65,802,547.56 in the previous year[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,583[15] - The largest shareholder, Xining Special Steel Group Co., Ltd., holds 35.37% of the shares, amounting to 369,669,184 shares[17]