MTL(SH:600683)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥275,713,817.29, a decrease of 76.94% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was -¥103,006,541.34, representing a decline of 250.10% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥113,925,470.08, down 296.74% from the previous year[6]. - The year-to-date operating revenue increased by 321.99% to ¥10,141,920,831.82 compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2023 reached CNY 10,141,920,831.82, a significant increase from CNY 2,403,351,063.90 in the same period of 2022[20]. - Net profit for Q3 2023 was CNY 181,136,055.43, down from CNY 227,641,349.41 in Q3 2022[22]. - The profit attributable to shareholders of the parent company for Q3 2023 was CNY 71,268,733.96, a decrease from CNY 244,673,044.35 in Q3 2022[22]. - The net profit for the first three quarters of 2023 was CNY 11,981,729.64, down 90.6% from CNY 126,945,420.35 in the previous year[31]. Assets and Liabilities - The total assets at the end of the reporting period were ¥51,047,781,053.85, a decrease of 6.87% compared to the end of the previous year[7]. - The company's current assets totaled RMB 40,981,659,790.04, down from RMB 43,676,383,070.06, indicating a decrease of about 6.2%[17]. - The company's total liabilities decreased to RMB 13,915,529,944.20 from RMB 19,334,208,253.09, a reduction of approximately 28.5%[18]. - Total liabilities as of Q3 2023 amounted to CNY 40,277,268,029.90, down from CNY 43,937,920,546.37 in the previous year[21]. - The total assets as of September 30, 2023, amounted to 13,730,467,795.36, slightly up from 13,588,220,259.27 at the end of 2022[28]. - Total liabilities increased to 6,068,783,892.29 in 2023 from 5,645,080,020.66 in 2022, reflecting an increase of approximately 7.5%[29]. - The total equity decreased to 7,661,683,903.07 in 2023 from 7,943,140,238.61 in 2022, indicating a decline of about 3.5%[29]. Cash Flow - The company reported a net cash outflow from operating activities of -¥4,993,214,929.98 for the year-to-date period[7]. - Net cash flow from operating activities for the first three quarters of 2023 was -4,993,214,929.98, an improvement from -7,934,929,953.39 in the same period of 2022, indicating a reduction in cash outflow[25]. - Total cash inflow from operating activities for the first three quarters of 2023 was 3,383,109,255.12, compared to 3,539,216,444.33 in 2022, reflecting a decrease of approximately 4.4%[24]. - Cash outflow from operating activities decreased to 8,376,324,185.10 in 2023 from 11,474,146,397.72 in 2022, representing a reduction of about 26.5%[24]. - Cash flow from investing activities showed a net inflow of 399,009,267.51 in 2023, down from 613,837,551.83 in 2022, indicating a decline of approximately 35%[25]. - Cash inflow from financing activities decreased to 9,787,525,557.97 in 2023 from 11,262,818,247.08 in 2022, a decrease of about 13.1%[25]. Shareholder Information - The company had a total of 39,953 common shareholders at the end of the reporting period[12]. - The largest shareholder, Beijing Infrastructure Investment Co., Ltd., held 40.00% of the shares[13]. Equity and Earnings Per Share - The basic and diluted earnings per share for Q3 2023 were both -¥0.2518[7]. - Total equity as of Q3 2023 was CNY 10,770,513,023.95, slightly decreased from CNY 10,875,154,346.68 in the same period last year[21]. - Basic and diluted earnings per share for Q3 2023 were both CNY -0.2318, compared to CNY 0.0023 in Q3 2022[23]. Other Financial Metrics - The company's cash and cash equivalents decreased to RMB 2,113,095,773.60 from RMB 4,008,908,444.04, representing a significant decline of approximately 47.3%[17]. - The company's inventory was reported at RMB 36,317,977,082.22, down from RMB 37,461,166,122.04, reflecting a decrease of about 3.1%[17]. - The company's non-current assets totaled RMB 10,066,121,263.81, down from RMB 11,136,691,822.99, indicating a decline of approximately 9.6%[18]. - The company's other receivables decreased to RMB 537,630,589.28 from RMB 690,109,613.85, a decline of about 22.1%[17]. - The company's contract liabilities decreased significantly to RMB 2,761,890,326.26 from RMB 10,256,653,441.11, reflecting a decrease of approximately 73.0%[18].