新钢股份(600782) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 17,414,221,817.91, a decrease of 27.14% compared to the same period last year[18]. - The net profit attributable to shareholders for Q3 2023 was CNY 181,332,169.15, an increase of 33.66% from the previous quarter[18]. - The net profit attributable to shareholders for the year-to-date period decreased by 69.38% to CNY 476,470,553.71[18]. - Basic earnings per share for Q3 2023 was CNY 0.15, down from CNY 0.50 in the same period last year[15]. - The company's net profit for the third quarter of 2023 was RMB 477,709,885.77, a significant decrease of 69.6% compared to RMB 1,572,484,475.70 in the same period of 2022[30]. - The company's comprehensive income for the third quarter of 2023 was RMB 486,467,422.81, down from RMB 1,600,622,936.77 in the same quarter of 2022, indicating a decline of approximately 69.6%[30]. - Total operating revenue for the first three quarters of 2023 was CNY 62.28 billion, a decrease of 18.1% compared to CNY 75.97 billion in the same period of 2022[38]. - Total operating costs for the first three quarters of 2023 were CNY 62.24 billion, down 16.4% from CNY 74.44 billion in the previous year[39]. - The company reported a profit before tax of CNY 657.02 million, a decrease of 64.9% compared to CNY 1.87 billion in the previous year[39]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 52,479,591,896.19, a decrease of 1.46% from the end of the previous year[5]. - As of September 30, 2023, the company's total assets amounted to RMB 52,479,591,896.19, a decrease from RMB 53,255,180,505.00 at the end of 2022, reflecting a decline of approximately 1.45%[26][27]. - The total current assets decreased to RMB 24,625,640,258.92 from RMB 28,221,467,326.26, representing a decline of about 12.5% year-over-year[26]. - The company's total liabilities as of September 30, 2023, were RMB 23,025,954,399.91, down from RMB 25,464,733,603.04, reflecting a decrease of approximately 9.0%[27]. - The company's total liabilities amounted to CNY 25.21 billion, a decrease from CNY 26.23 billion year-over-year[37]. - The total equity attributable to shareholders was CNY 26.55 billion, an increase from CNY 26.30 billion in the previous year[37]. Cash Flow - The company reported a net cash flow from operating activities of CNY 828,941,480.93, a decrease of 14.24% year-on-year[18]. - Net cash flow from operating activities for the current period was CNY 828.94 million, compared to CNY 966.61 million in the same period last year, reflecting a decline of 14.2%[32]. - Net cash flow from investing activities was negative CNY 1.04 billion, worsening from negative CNY 312.96 million in the previous year[32]. - Net cash flow from financing activities was CNY 28.26 million, a significant improvement from negative CNY 2.42 billion in the same period of 2022[32]. - The cash and cash equivalents at the end of the period were CNY 4.17 billion, down from CNY 2.99 billion at the end of the previous year[32]. - In the first three quarters of 2023, the cash inflow from operating activities totaled CNY 56.27 billion, a decrease of 7.5% compared to CNY 60.76 billion in the same period of 2022[42]. - The cash received from sales of goods and services was CNY 51.71 billion, down from CNY 56.74 billion year-on-year, reflecting a decline of 8.8%[42]. - Cash received from other operating activities increased to CNY 4.43 billion, compared to CNY 3.83 billion in the previous year, marking an increase of 16%[42]. - Total cash paid for goods and services was CNY 47.80 billion, a decrease of 6.9% from CNY 51.06 billion in the same period last year[42]. - Cash paid to employees was CNY 2.29 billion, down from CNY 2.50 billion, representing a decline of 8.4%[42]. - The total cash paid for taxes was CNY 896.83 million, a significant decrease of 49.3% compared to CNY 1.77 billion in the same period of 2022[42]. Investments and Expenses - The company's long-term equity investments slightly decreased to RMB 171,912,782.30 from RMB 172,996,138.21, a decline of about 0.63%[27]. - The company's other equity instrument investments increased significantly to RMB 231,000,000.00 from RMB 31,000,000.00, marking a growth of approximately 645.2%[27]. - The company's total non-current assets increased to RMB 27,853,951,637.27 from RMB 25,033,713,178.74, representing an increase of about 11.3%[27]. - Research and development expenses for the first three quarters of 2023 were CNY 702.43 million, down 55.5% from CNY 1.58 billion in the same period last year[39]. Market Conditions - The company experienced a significant decline in steel prices and high raw material costs, impacting profitability[7]. - The number of common shareholders at the end of the reporting period was 53,895[7]. - The weighted average return on equity was 0.686%, an increase of 0.176 percentage points compared to the previous quarter[5].