安源煤业(600397) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥1,642,328,866.12, a decrease of 18.11% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was -¥42,649,867.19, representing a decline of 190.58% year-on-year[5] - The net cash flow from operating activities for Q3 2023 was -¥32,004,494.08, a decrease of 166.81% compared to the same period last year[6] - The basic earnings per share for Q3 2023 was -¥0.0430, down 190.34% year-on-year[6] - Total operating revenue for the first three quarters of 2023 was CNY 4,902,430,662.36, a decrease of 29.3% compared to CNY 6,934,259,499.32 in the same period of 2022[20] - Total operating costs for the first three quarters of 2023 were CNY 4,884,928,461.26, down 31.0% from CNY 7,120,482,576.42 in the first three quarters of 2022[20] - Net profit for the first three quarters of 2023 was CNY 13,336,243.33, compared to a net loss of CNY 183,657,499.70 in the same period of 2022[21] - Operating profit for the first three quarters of 2023 was CNY 40,947,743.53, a significant improvement from a loss of CNY 169,930,992.98 in the first three quarters of 2022[21] - The company’s total comprehensive income for the first three quarters of 2023 was CNY 13,336,243.33, compared to a loss of CNY 183,657,499.70 in the same period of 2022[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,207,584,939.60, an increase of 3.60% from the end of the previous year[6] - The company's total assets as of September 30, 2023, amount to ¥9,207,584,939.60, an increase from ¥8,888,051,109.00 at the end of 2022[18] - Current assets total ¥4,544,361,038.92, compared to ¥4,200,348,260.56 at the end of 2022, reflecting a growth of approximately 8.2%[16] - The company's total liabilities are reported at ¥8,715,218,650.93, up from ¥8,416,254,005.30 in the previous year[18] - The company has a total of 1,032,138,199.79 in non-current liabilities, down from 1,079,041,620.43[18] - The company's cash and cash equivalents stand at ¥1,203,209,643.71, a decrease from ¥1,245,351,764.47 at the end of 2022[16] - The accounts receivable increased to ¥641,674,137.09 from ¥611,665,897.69, indicating a rise of approximately 4.9%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 54,190[12] - Jiangxi Energy Group Co., Ltd. holds 389,486,090 shares, accounting for 39.34% of total shares[13] Operational Challenges - The company experienced a decline in coal prices and a decrease in self-produced coal output, which significantly impacted profitability[9] - The company reported a decrease in sales expenses to CNY 30,550,218.20 in the third quarter of 2023 from CNY 28,676,475.06 in the same quarter of 2022[21] - The company incurred financial expenses of CNY 155,608,718.49 in the third quarter of 2023, down from CNY 186,161,653.63 in the same quarter of 2022[21] Financial Management - The company implemented measures to optimize borrowing resources and control debt scale, resulting in a reduction in financial expenses year-on-year[10] - The company reported a total of ¥3,519,181.88 in government subsidies related to normal business operations for the year-to-date period[8] Research and Development - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided content[15] - Research and development expenses were not reported for the first three quarters of 2023, while they were CNY 2,280,823.30 in the same period of 2022[21] Compliance and Reporting - The board of directors announced the financial report on October 25, 2023, indicating a commitment to transparency and compliance with regulations[27] - The document primarily serves as a compliance announcement rather than a detailed earnings call summary[27] - The company has adopted new accounting standards starting in 2023, which may affect the financial statements for the year[27] - No specific financial performance metrics or user data were disclosed in the report[27] - Future outlook and performance guidance were not provided in the document[27] - There were no mentions of new products or technology developments in the report[27] - The report did not include any information regarding market expansion or acquisitions[27] - No new strategies were outlined in the financial report[27] - The company did not provide any numerical data or percentage changes in performance metrics[27] - The report indicates that the company is in the process of adjusting to new accounting interpretations[27]