2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 reached CNY 51,062,128, an increase of 28.76% year-on-year, while the total revenue for the year-to-date period was CNY 151,347,326, reflecting a 44.09% increase compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2022 was CNY 9,090,846, marking a year-on-year increase of 65.59%, while the year-to-date net profit reached CNY 27,127,917, a significant increase of 135.25%[3][7]. - The basic earnings per share for Q3 2022 was CNY 1.86, and for the year-to-date period, it was CNY 5.56, representing an increase of 133.84% year-on-year[3][8]. - The company reported a net profit margin improvement due to sustained high prices of main products and ongoing lean management initiatives[7]. - Operating profit for Q3 2022 was CNY 16,406,518, compared to CNY 3,996,624 in Q3 2021, indicating a substantial increase of about 310.5%[41]. - Net profit for Q3 2022 was CNY 13,263,939, up from CNY 2,783,545 in Q3 2021, reflecting an increase of approximately 376.5%[41]. Assets and Liabilities - The company's total assets as of the end of the reporting period were CNY 295,451,557, a 2.34% increase from the previous year-end[3]. - The company's total assets amounted to CNY 295.45 billion, up from CNY 288.70 billion year-over-year, indicating a growth of 2.61%[30]. - Non-current liabilities totaled CNY 99.27 billion, an increase from CNY 96.49 billion in the previous year, showing a rise of 2.88%[30]. - The company's cash and cash equivalents decreased to CNY 2.66 billion from CNY 5.72 billion, a decline of 53.38%[30]. - Total liabilities decreased to CNY 109,876,498 in Q3 2022 from CNY 119,623,049 in Q2 2022, a reduction of approximately 8.5%[38]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 32,441,682, reflecting a 67.84% increase year-on-year[3][8]. - The net cash flow from operating activities for Q3 2022 was CNY 32,441,682, significantly higher than CNY 19,329,150 in Q3 2021, indicating a growth of approximately 68.5%[34]. - The total cash inflow from financing activities in Q3 2022 was CNY 27,416,669, down from CNY 53,361,426 in Q3 2021[35]. - The net cash flow from financing activities for Q3 2022 was -CNY 26,566,650, compared to -CNY 1,219,853 in Q3 2021, indicating a significant increase in cash outflow[35]. - The cash outflow from financing activities increased to CNY 57,361,213, up 43.8% from CNY 39,809,848 year-on-year[44]. Production and Sales - The company produced 25,927 thousand tons of commercial coal in Q3 2022, a decrease of 3.27% year-on-year[16]. - The company's commercial coal sales reached 25,562 thousand tons in Q3 2022, down 2.73% compared to the same period last year[16]. - Chemical product production increased by 24.61% year-on-year to 1,773 thousand tons in Q3 2022[16]. - The company’s total coal production for the first three quarters of 2022 was 76,565 thousand tons, a slight decrease of 1.55% from the previous year[17]. - The company’s total electricity sales for the first three quarters of 2022 reached 529,749 thousand kWh, an increase of 21.16% year-on-year[16]. Expenses and Costs - Sales expenses surged by 103.04% to RMB 4,239 million from RMB 2,088 million, primarily due to increased mining rights fees linked to sales prices[9]. - Income tax expenses skyrocketed by 280.01% to RMB 11,870 million from RMB 3,124 million, reflecting a significant increase in taxable income[9]. - The total sales cost for the coal business in Q1 2022 was 6.621 billion yuan, a year-on-year increase of 19.95%[22]. - The total operating costs increased to CNY 106.48 billion in 2022 from CNY 89.47 billion in 2021, reflecting a rise of 18.99%[31]. Shareholder Information - The company completed the grant registration of 61,740,000 restricted stocks under the 2021 A-share incentive plan, increasing the total share capital to 4,948,703,640 shares[4]. - The total equity attributable to shareholders increased to CNY 90.99 billion from CNY 68.19 billion, representing a growth of 33.48%[30]. - The company’s equity increased to CNY 64,652,262 in Q3 2022, up from CNY 56,114,221 in Q2 2022, reflecting a growth of about 15.5%[38]. Research and Development - Research and development expenses for the third quarter were CNY 543.49 million, up from CNY 392.62 million, reflecting a growth of 38.49%[32]. - Research and development expenses for the first three quarters of 2022 totaled CNY 130,569, compared to CNY 48,355 in the same period of 2021, marking an increase of about 170.5%[39].