安泰集团(600408) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥2,548,833,496.17, a decrease of 17.40% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥163,977,551.88, with a year-to-date net profit of -¥436,502,798.50[3]. - The basic earnings per share for Q3 2023 was -¥0.16, and the diluted earnings per share was also -¥0.16[3]. - Total revenue for the first three quarters of 2023 was CNY 7,779,349,351.96, a decrease of 23.4% compared to CNY 10,153,960,343.83 in the same period of 2022[14]. - Net loss for the third quarter of 2023 was CNY 436,565,970.10, compared to a net loss of CNY 63,870,134.30 in the same quarter of 2022[15]. - The total comprehensive income for the third quarter of 2023 was -436,565,970.10 CNY, compared to -62,985,178.50 CNY in the same period of 2022, indicating a significant decline[16]. - Basic and diluted earnings per share for Q3 2023 were both -0.43 CNY, compared to -0.06 CNY in Q3 2022, reflecting a worsening financial performance[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,957,311,323.19, a decrease of 4.82% from the end of the previous year[3]. - The equity attributable to shareholders decreased by 17.23% to ¥2,085,312,784.93 compared to the end of the previous year[3]. - Total assets as of September 30, 2023, were CNY 4,957,311,323.19, down from CNY 5,208,231,699.74 at the end of 2022, reflecting a decrease of 4.8%[12]. - Total liabilities increased to CNY 2,864,578,433.49 from CNY 2,681,762,115.04, an increase of 6.8%[12]. - The company's equity attributable to shareholders decreased to CNY 2,085,312,784.93 from CNY 2,519,255,860.67, a decline of 17.2%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥188,224,470.64, an increase of 97.63%[4]. - Cash inflow from operating activities for the first three quarters of 2023 was 8,610,046,845.16 CNY, down 21.0% from 10,903,661,576.87 CNY in the same period of 2022[18]. - Net cash flow from operating activities increased to 188,224,470.64 CNY in the first nine months of 2023, compared to 95,241,358.67 CNY in the same period of 2022, showing improvement despite lower cash inflows[18]. - Cash outflow from investing activities for the first three quarters of 2023 was 63,305,777.53 CNY, down from 93,215,614.31 CNY in the same period of 2022, indicating reduced investment spending[19]. - The net cash flow from investing activities was -38,068,377.53 CNY for the first nine months of 2023, an improvement from -92,011,802.80 CNY in the same period of 2022[19]. - Cash inflow from financing activities was 200,450,000.00 CNY in the first nine months of 2023, compared to 236,000,000.00 CNY in the same period of 2022, reflecting a decrease in financing[19]. - The net cash flow from financing activities was -180,342,558.86 CNY for the first nine months of 2023, slightly better than -185,958,512.97 CNY in the same period of 2022[19]. - The ending cash and cash equivalents balance as of Q3 2023 was 76,376,952.59 CNY, down from 430,947,160.24 CNY at the end of Q3 2022, indicating a significant reduction in liquidity[19]. - The company reported a total cash outflow of -30,184,654.66 CNY for the third quarter of 2023, compared to -182,709,119.76 CNY in the same quarter of 2022, showing a decrease in cash burn[19]. Operational Highlights - The company experienced a decline in sales prices for its main products, coke and section steel, due to market fluctuations in the steel and coking industries[4]. - Research and development expenses for the first three quarters of 2023 were CNY 41,477,695.42, significantly lower than CNY 91,004,467.08 in the same period of 2022, a decrease of 54.5%[14]. - The number of ordinary shareholders at the end of the reporting period was 64,106[6]. - The company reported non-operating income of ¥2,159,480.90 for Q3 2023, with a year-to-date total of ¥3,048,914.78[4]. - The company is in the process of issuing stocks to specific targets, pending approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission[8].