JCCL(SH:600362)2023-10-27 16:00Financial Performance - In Q3 2023, Jiangxi Copper reported operating revenue of CNY 132.03 billion, an increase of 16.93% compared to the same period last year[6]. - The net profit attributable to shareholders reached CNY 1.58 billion, reflecting a growth of 25.48% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1.44 billion, up 30.03% from the previous year[6]. - Total operating revenue for the first three quarters of 2023 reached ¥399.56 billion, an increase from ¥368.16 billion in the same period of 2022, representing an increase of approximately 8.5%[24]. - Net profit for the first three quarters of 2023 was ¥5.35 billion, compared to ¥5.05 billion in 2022, reflecting a growth of approximately 6%[25]. - The company reported a significant increase in other comprehensive income, totaling ¥3.69 billion for the first three quarters of 2023, compared to a loss of ¥3.45 billion in the same period of 2022[26]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 202.20 billion, representing a 20.84% increase from the end of the previous year[7]. - The company's total liabilities as of the end of the third quarter of 2023 amounted to ¥112.26 billion, an increase from ¥85.38 billion at the end of the same period in 2022, marking a rise of about 31.5%[21]. - The total equity attributable to shareholders reached ¥80.61 billion, up from ¥73.52 billion in 2022, which is an increase of approximately 9.5%[21]. - The company's total assets reached 202,199,471,671 RMB, an increase from 167,330,538,537 RMB as of December 31, 2022[19]. - Cash and cash equivalents amounted to 48,281,242,885 RMB, up from 32,102,114,653 RMB year-over-year[18]. Shareholder Information - The company reported a total of 118,259 common shareholders at the end of the reporting period[13]. - Jiangxi Copper Group Co., Ltd. held 43.72% of the shares, making it the largest shareholder[13]. - As of September 30, 2023, Jiangxi Copper Group held 1,513,936,110 shares, representing approximately 43.72% of the total issued share capital[16]. Cash Flow - The cash flow from operating activities for the year-to-date was CNY 8.23 billion, down 22.34% compared to the same period last year[7]. - Cash inflow from operating activities for Q3 2023 was CNY 471.60 billion, an increase from CNY 426.35 billion in Q3 2022, representing an increase of approximately 10.6%[29]. - Net cash outflow from investing activities was CNY 16.43 billion, compared to a net outflow of CNY 12.41 billion in the same period last year, indicating a decline of about 32.5%[30]. - Cash inflow from financing activities totaled CNY 88.12 billion, up from CNY 83.87 billion in Q3 2022, reflecting an increase of approximately 5.4%[30]. - The total cash and cash equivalents at the end of Q3 2023 stood at CNY 23.94 billion, slightly down from CNY 24.95 billion at the end of Q3 2022[30]. Operational Efficiency - The company achieved a significant increase in profit due to improved operational efficiency and market conditions[11]. - Research and development expenses for the first three quarters of 2023 were ¥649.95 million, slightly down from ¥673.12 million in the same period of 2022, indicating a decrease of about 3.4%[24]. - The company has indicated plans for market expansion and new product development, although specific details were not disclosed in the provided content[24].