China National Gold (SH:600916)2023-10-30 16:00Financial Performance - The company's operating revenue for the third quarter of 2023 reached CNY 11,746,267,968.60, representing a year-on-year increase of 13.39%[11] - The net profit attributable to shareholders of the listed company was CNY 203,811,547.00, an increase of 16.53% compared to the same period last year[11] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 176,015,256.15, reflecting a growth of 7.43% year-on-year[11] - Net profit for the third quarter of 2023 was RMB 744,398,016.39, compared to RMB 616,078,761.83 in the same period of 2022, representing a growth of about 20.8%[19] - Operating profit for the third quarter was RMB 835,654,039.70, an increase from RMB 731,846,707.46 year-over-year, indicating a growth of approximately 14.2%[19] - The total comprehensive income for the third quarter was RMB 744,363,660.96, compared to RMB 616,078,761.83 in the previous year, showing an increase of approximately 20.8%[20] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 1,156,885,107.06 for the third quarter[10] - The company reported cash inflows from operating activities totaling CNY 41,079,524,828.01, compared to CNY 38,262,974,359.49 in the same period last year[10] - Cash outflows from operating activities were CNY 42,236,409,935.07, up from CNY 38,412,329,572.21 year-on-year[10] - The company reported a decrease in net cash flow from operating activities due to uncollected receivables from new product sales and jewelry exhibitions[24] - The net cash flow from operating activities for the third quarter of 2023 was -1,156,885,107.06 RMB[21] Assets and Liabilities - As of September 30, 2023, total current assets amounted to RMB 11,818,392,590.35, an increase from RMB 10,989,083,167.72 as of December 31, 2022, representing a growth of approximately 7.5%[17] - Total liabilities reached RMB 5,357,262,681.44, up from RMB 4,628,460,085.38, marking an increase of approximately 15.7%[18] - Total assets increased by 8.34% to 12,600,329,633.48 RMB from 11,630,272,806.24 RMB at the end of the previous year[21] - Current liabilities totaled ¥5,102,847,317.78 in Q3 2023, up from ¥4,355,214,994.45 in Q3 2022, which is an increase of approximately 17%[37] Shareholder Information - The basic and diluted earnings per share for the third quarter were both CNY 0.44, compared to CNY 0.37 in the same quarter of the previous year[10] - The number of ordinary shareholders at the end of the reporting period was 92,832[25] - China Gold Group Co., Ltd. holds 38.46% of the shares, making it the largest shareholder[25] - The equity attributable to shareholders of the listed company rose by 3.44% to 7,155,574,616.35 RMB from 6,917,885,753.45 RMB at the end of the previous year[21] Expenses and Investments - Research and development expenses for the third quarter were RMB 19,703,392.27, slightly up from RMB 19,531,651.48, indicating a focus on innovation[19] - The company experienced a net cash outflow from investment activities of CNY 168,922,114.77 during the quarter[7] - The company’s cash outflow for financing activities was CNY 574,265,511.38, compared to CNY 474,026,702.52 in the same period last year[7] Non-Recurring Items - Non-operating income for the current period included government subsidies amounting to 33,698,100.43 RMB[24] - The total amount of non-recurring gains and losses for the current period was 27,796,290.85 RMB[24] - The company reported a significant increase in deferred income tax liabilities, which stood at RMB 54,122,633.21, down from RMB 63,105,437.37, indicating a decrease of about 14.5%[18]