CTM(SH:600711)2020-10-28 16:00Financial Performance - Operating revenue for the first nine months rose by 41.05% to CNY 32,876,271,678.15 year-on-year[17] - Net profit attributable to shareholders increased by 52.59% to CNY 269,854,359.75 compared to the same period last year[17] - The net profit after deducting non-recurring gains and losses surged by 346.60% to CNY 291,841,336.86 year-on-year[17] - Basic earnings per share rose by 44.44% to CNY 0.117 per share compared to the same period last year[17] - Total revenue for Q3 2020 reached ¥10,711,623,956.65, an increase of 16.4% compared to ¥9,197,870,572.18 in Q3 2019[51] - Net profit for Q3 2020 was ¥83,482,187.04, compared to a net loss of ¥71,531,002.46 in Q3 2019, indicating a significant turnaround[67] - The company reported a total comprehensive income of ¥278,936,297.18 for Q3 2020, compared to ¥104,944,575.56 in Q3 2019, marking an increase of 165.5%[62] Assets and Liabilities - Total assets increased by 24.97% to CNY 23,738,502,604.32 compared to the end of the previous year[17] - The company's total assets amounted to ¥23.74 billion, compared to ¥18.99 billion in the previous year, indicating an overall increase of around 25.5%[42] - Total liabilities increased to ¥13.73 billion from ¥9.82 billion, which is an increase of approximately 39.5% year-over-year[42] - The total assets increased to ¥16,376,057,268.99 from ¥13,871,613,161.37, marking a growth of 17.9%[47] - The total liabilities rose to ¥6,764,435,982.15 from ¥4,483,304,435.36, an increase of 50.9%[47] - The company's total equity attributable to shareholders rose to ¥9.51 billion, up from ¥9.02 billion, reflecting an increase of about 5.4%[42] Cash Flow - The net cash flow from operating activities decreased by 38.49% to CNY 421,003,783.87 year-on-year[17] - The company’s cash flow from operating activities decreased by approximately ¥263.41 million, reflecting increased procurement payments[30] - The total cash inflow from operating activities for the first three quarters of 2020 was approximately ¥38.41 billion, an increase from ¥28.32 billion in the same period of 2019, representing a growth of about 35.5%[73] - The net cash flow from operating activities for the first three quarters of 2020 was ¥421 million, a decrease from ¥684 million in the same period of 2019, indicating a decline of approximately 38.5%[73] - The cash inflow from financing activities for the first three quarters of 2020 was approximately ¥6.07 billion, an increase from ¥3.25 billion in the same period of 2019, representing a growth of about 86.5%[76] Investments - The company invested in a nickel project in Indonesia with an annual production capacity of 34,000 tons, which commenced production on September 5, 2020[31] - The company’s investment activities generated a net cash outflow of approximately ¥1.16 billion, mainly due to investments in the nickel project[30] - The company received $2.37 billion from investment contributions, up from $811.50 million in the previous year[80] Shareholder Information - The total number of shareholders reached 99,101 by the end of the reporting period[21] - The largest shareholder, Shenzhen Shengtun Group Co., Ltd., held 22.84% of the shares, with 528,552,794 shares[21] Financial Expenses - The company’s financial expenses increased by approximately ¥116.15 million, mainly due to exchange losses and increased financing costs[30] - Financial expenses for Q3 2020 were ¥102,398,469.90, significantly higher than ¥35,693,624.76 in Q3 2019, indicating increased borrowing costs[65]