China National Gold (SH:600916)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥10,358,898,909.18, representing a year-on-year increase of 0.38%[2] - The net profit attributable to shareholders for Q3 2022 was ¥174,905,947.75, an increase of 12.01% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥163,845,520.81, reflecting a year-on-year increase of 7.07%[2] - The basic earnings per share for Q3 2022 was ¥0.10, up 11.11% year-on-year[3] - The diluted earnings per share for Q3 2022 was also ¥0.10, with a year-on-year increase of 11.11%[3] - The weighted average return on equity for Q3 2022 was 2.62%, an increase of 0.12 percentage points compared to the previous year[3] - Total operating revenue for Q3 2022 was CNY 35,689,716,907.75, a decrease of 3.34% compared to CNY 36,919,825,226.95 in the same period of 2021[15] - Net profit for Q3 2022 reached CNY 616,078,761.83, an increase of 9.53% from CNY 562,385,999.84 in Q3 2021[17] - Earnings per share for Q3 2022 were CNY 0.37, compared to CNY 0.34 in Q3 2021, indicating a growth of 8.82%[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥12,163,930,926.59, an increase of 10.38% compared to the end of the previous year[3] - The equity attributable to shareholders at the end of the reporting period was ¥6,766,853,558.75, reflecting a year-on-year increase of 3.22%[3] - Total liabilities as of Q3 2022 were CNY 5,312,788,124.27, up from CNY 4,381,983,250.33 in the previous year, reflecting an increase of 21.19%[15] - The company's current assets totaled approximately RMB 11.63 billion, up from RMB 10.47 billion, indicating a year-over-year increase of around 11.1%[13] - The company's short-term borrowings and other liabilities are not detailed in the provided data, but the total current liabilities include a significant increase in contract liabilities from RMB 132.38 million to RMB 429.76 million, a growth of approximately 224.5%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥149,355,212.72, indicating a decline in cash flow due to increased sales and delayed receivables[7] - Cash flow from operating activities in the first three quarters of 2022 was CNY 38,262,974,359.49, down from CNY 41,345,887,209.71 in the same period of 2021, a decline of 7.05%[19] - The net cash flow from operating activities was -149,355,212.72, a significant decrease compared to 1,092,152,731.82 in the previous year, indicating a decline of approximately 113.7%[20] - Cash outflow from operating activities totaled 38,412,329,572.21, down from 40,253,734,477.89, reflecting a decrease of about 4.6%[20] - The total cash and cash equivalents at the end of the period were 3,955,100,319.35, down from 4,989,092,603.18, indicating a decrease of approximately 20.7%[21] Government Subsidies and Other Income - The company received government subsidies amounting to ¥13,392,267.89 during the reporting period, contributing to its non-recurring gains[4] - The company reported a significant increase in other income, which rose to CNY 330,336.71 from CNY 43,009.49 in the previous year[15] Research and Development - Research and development expenses for Q3 2022 amounted to CNY 19,531,651.48, significantly higher than CNY 3,718,960.32 in Q3 2021, marking an increase of 424.56%[15] Shareholder Information - The top ten shareholders collectively hold 45.72% of the company's shares, with Beijing Caifeng Jinxin Trading Center (Limited Partnership) being the largest shareholder with 142.18 million shares[10] - The company participated in securities lending with a total of 5.24 million shares as of September 30, 2022[10] Operational Changes - The company has not reported any new product launches or technological advancements in the current quarter[11] - There are no significant mergers or acquisitions reported in the latest financial disclosures[11] Costs and Expenses - Total operating costs for Q3 2022 were CNY 34,837,202,577.01, down from CNY 36,349,617,262.45 in Q3 2021, reflecting a reduction of 4.16%[15] - The company experienced a loss in investment income of CNY -70,875,303.03 in Q3 2022, contrasting with a gain of CNY 52,273,232.18 in Q3 2021[15] - The company paid 442,366,952.11 in dividends and interest, an increase from 323,551,513.12, reflecting a rise of about 36.8%[21] - Cash paid to employees increased to 200,468,223.10 from 190,935,356.05, marking an increase of approximately 8.0%[20] - The cash paid for other operating activities rose to 340,645,276.68 from 268,422,808.42, indicating an increase of about 27.0%[20] - The cash paid for fixed assets and other long-term assets was 34,142,333.10, compared to 26,350,239.00, representing an increase of approximately 29.5%[20] Financing Activities - Cash inflow from financing activities was 850,200,000.00, while cash outflow totaled 474,026,702.52, resulting in a net cash flow from financing activities of -474,026,702.52, a decline from 521,760,358.79 in the previous year[21] - The cash flow from financing activities showed a significant change, with a net outflow of -474,026,702.52 compared to a net inflow of 521,760,358.79 in the previous year, indicating a shift in financing strategy[21]