SCC(SH:600740)2020-10-26 16:00Financial Performance - Operating income for the period from January to September was ¥5,012,759,404.25, a decrease of 4.52% compared to the same period last year[17]. - Net profit attributable to shareholders of the listed company was ¥928,169,037.16, representing a year-on-year increase of 3.21%[17]. - Net profit increased by 152.65% to CNY 1,285,276,924.05 from CNY 508,712,688.89, reflecting improved financial performance[30]. - The company reported a total comprehensive income for the period was ¥478,490,583.32, compared to ¥934,890,828.29 in the previous year, reflecting a decrease of approximately 48.9%[66]. - The total profit for Q3 2020 was approximately ¥477.92 million, compared to ¥141.15 million in Q3 2019, indicating an increase of 238.5%[62]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥20,961,772,282.57, an increase of 2.95% compared to the end of the previous year[17]. - Total liabilities decreased to CNY 9,343,032,211.07 from CNY 9,610,717,696.71, a reduction of about 2.78%[45]. - Current assets decreased to CNY 4,380,640,337.24 from CNY 5,373,884,490.42, reflecting a decline of about 18.49%[43]. - The company’s total non-current assets rose to CNY 16,581,131,945.33 from CNY 14,988,190,507.43, indicating an increase of approximately 10.63%[43]. - Total liabilities reached CNY 9,323,857,921.67, with current liabilities at CNY 8,292,633,548.35 and non-current liabilities at CNY 1,031,224,373.32[84]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥11,071,726,843.72, reflecting an 8.48% increase year-on-year[17]. - The total number of shareholders at the end of the reporting period was 60,971[23]. - The largest shareholder, Shanxi Coking Coal Group Co., Ltd., held 51.14% of the shares[23]. Cash Flow - The net cash flow from operating activities for the period was ¥105,257,306.99, up 42.78% from the previous year[17]. - The net cash flow from operating activities for the first three quarters of 2020 was ¥105,257,306.99, an increase from ¥73,718,774.34 in the same period of 2019, representing a growth of approximately 42.7%[66]. - Total cash inflow from operating activities was ¥5,039,730,601.02, compared to ¥5,171,057,491.40 in the previous year, indicating a decrease of about 2.7%[66]. - The cash outflow from operating activities totaled ¥4,934,473,294.03, down from ¥5,097,338,717.06 in 2019, reflecting a reduction of approximately 3.2%[66]. Research and Development - Research and development expenses decreased significantly by 96.30% to CNY 1,479,697.86 from CNY 40,040,824.62, due to a reduction in R&D projects[30]. - Research and development expenses for Q3 2020 were approximately ¥937,501.84, significantly lower than ¥39.45 million in Q3 2019, indicating a reduction of about 97.6%[53]. Future Outlook - The company anticipates a significant change in cumulative net profit compared to the same period last year, primarily due to improved market conditions for coke and lower raw coal costs[35]. - Future guidance indicates a cautious outlook due to market conditions, with a focus on maintaining financial stability and exploring strategic opportunities[75].