SHRC(SH:600392)2023-10-27 16:00Financial Performance - The company reported a diluted earnings per share of CNY 0.04, a decrease of 46.19% from CNY 0.0902[9]. - Net profit attributable to shareholders for the first three quarters of 2023 was ¥158,190,900.78, reflecting a significant decrease of 89.35% from ¥1,490,000,000 in the previous year[27]. - Basic earnings per share for the first three quarters of 2023 decreased by 89.35% to ¥0.04 compared to ¥0.36 in the previous year[27]. - The total comprehensive income attributable to shareholders of the parent company was CNY -250,389,419.08 for the first three quarters of 2023, compared to CNY 265,492,669.51 in the same period of 2022[40]. Assets and Liabilities - Total assets decreased by 6.45% to CNY 14,539,110,515.88 from CNY 15,540,961,184.43[9]. - Total liabilities amounted to CNY 4,972,327,836.77, down from CNY 5,523,624,900.57[1]. - The company had a total equity of CNY 9,566,782,679.11, down from CNY 10,017,336,283.86[1]. - The total liabilities decreased to approximately RMB 6.37 billion, down from RMB 7.12 billion in the previous period[37]. Cash Flow - Net cash flow from investing activities was -CNY 463,695,614.26, compared to -CNY 265,907,911.59 in the previous period[2]. - Net cash flow from financing activities was -CNY 317,928,004.94, down from -CNY 399,014,555.69[2]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY 166,670,614.23, down from CNY 576,434,952.50 in the same period of 2022[42]. - The total cash inflow from operating activities was CNY 12,943,742,635.40 for the first three quarters of 2023, compared to CNY 14,338,053,715.71 in the same period of 2022[42]. - The total cash outflow from operating activities was CNY 12,777,072,021.17 for the first three quarters of 2023, compared to CNY 13,761,618,763.21 in the same period of 2022[42]. Revenue and Costs - Total operating revenue for the first three quarters of 2023 reached ¥13,106,984,372.23, a 1.77% increase compared to ¥12,878,819,652.82 in the same period of 2022[20]. - The total operating costs for the first three quarters of 2023 were ¥12,849,040,944.89, up from ¥11,051,383,965.34 in the same period of 2022[20]. - The gross profit margin decreased due to a decline in the prices of key rare earth products, impacting the net profit attributable to shareholders[30]. Production and Sales - Total production of rare earth oxides reached 12,340.92 tons in the first three quarters of 2023, with a year-on-year increase of 23.11%[34]. - Sales volume of rare earth salts was 10,963.71 tons, reflecting a year-on-year increase of 86.92%[34]. - The production of zircon sand increased by 145.69% year-on-year, reaching 21,046.44 tons in the first three quarters of 2023[34]. - The production of titanium ore (including ilmenite) was 63,949.99 tons, with a significant year-on-year increase of 116.60%[34]. Investments and Future Plans - The company plans to enhance inventory turnover and reduce stock levels to improve cash flow in future quarters[30]. - The company plans to expand its market presence and invest in new technologies to enhance production efficiency and product quality[34]. - The company’s long-term equity investments amounted to RMB 611.56 million, showing a slight increase from RMB 587.15 million[37].