PJRC(SH:600395)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥2,321,610,398.67, a decrease of 17.30% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2023 was ¥153,552,428.33, down 62.92% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥141,554,112.68, a decline of 70.20% compared to the previous year[6] - The net cash flow from operating activities for Q3 2023 was ¥436,411,096.22, a decrease of 65.95% year-on-year[6] - The basic earnings per share for Q3 2023 was ¥0.072, down 71.875% compared to the same period last year[6] - The net profit attributable to shareholders decreased by 62.92% in the current reporting period due to lower coal prices and increased operating costs[25] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 70.20% compared to the same period last year[25] - The net cash flow from operating activities decreased by 65.95% in the current reporting period, primarily due to reduced sales revenue and increased material procurement costs[25] - The basic earnings per share for the current reporting period decreased by 71.875% compared to the same period last year[26] - The total comprehensive income for the first three quarters of 2023 is CNY 1,077,635,525.72, compared to CNY 1,470,648,949.72 in the same period of 2022, reflecting a decrease of approximately 26.7%[55] - The net profit for the first three quarters of 2023 was CNY 978,470,031.36, down 41.1% from CNY 1,660,462,656.70 in the previous year[72] Assets and Liabilities - The total assets as of September 30, 2023, were ¥33,766,554,623.57, an increase of 12.39% from the end of the previous year[6] - The company's total liabilities as of September 30, 2023, were CNY 20,726,927,036.10, up from CNY 17,461,481,809.59 at the end of 2022, an increase of approximately 13.0%[34] - Total non-current liabilities increased to CNY 11,824,264,027.21 as of September 30, 2023, from CNY 9,070,212,647.63 at the end of 2022, reflecting an increase of about 30.5%[34] - The company's total equity increased to CNY 11,948,179,963.52 as of September 30, 2023, from CNY 11,381,816,136.47 at the end of 2022[71] - The company's retained earnings as of September 30, 2023, were CNY 3,716,917,169.19, down from CNY 3,824,203,614.52 at the end of 2022, a decrease of about 2.8%[41] Cash Flow - The net cash flow from operating activities for the first three quarters of 2023 is CNY 1,154,977,194.47, down from CNY 2,087,136,826.32 in 2022, indicating a decline of about 44.7%[55] - The cash flow from operating activities decreased by CNY 1,080,218,457.95, reflecting challenges in revenue generation compared to the previous year[55] - The net cash flow from investing activities for the first three quarters of 2023 is -CNY 521,459,801.55, compared to -CNY 2,726,296,846.97 in 2022, showing an improvement in cash outflow[56] - The net cash flow from financing activities for the first three quarters of 2023 is -CNY 626,473,151.92, while in 2022 it was CNY 2,207,221,065.19, indicating a significant reduction in cash outflow[56] Shareholder Information - The total number of common shareholders at the end of the reporting period was 54,250[28] - Guizhou Energy Group Co., Ltd. held 44.77% of the shares, making it the largest shareholder[28] Production and Sales - The company reported a total production of 3,373,733.23 tons of refined coal and sales volume of 3,526,855.52 tons, generating sales revenue of ¥5,890,533,992.46 for the first nine months of 2023[10] Research and Development - R&D expenses increased to ¥174.72 million from ¥153.24 million, representing a growth of 14%[45] - Research and development expenses for the first three quarters of 2023 were CNY 148,026,641.83, an increase from CNY 134,342,035.18 in the same period of 2022[72] Impairment and Provisions - The company recognized an asset impairment provision that reduced the net profit attributable to shareholders by ¥15,102.09 million due to issues related to a project[14] - The impairment loss for the coal-steel-electricity project was recognized at 175.6057 million yuan, with an impairment rate of 22.06%[30]