hbky(600985)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately ¥18.24 billion, a decrease of 3.45% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was approximately ¥1.47 billion, down 10.74% year-on-year[5]. - The net profit excluding non-recurring gains and losses for Q3 2023 was approximately ¥1.45 billion, a decrease of 7.13% compared to the previous year[5]. - The basic earnings per share for Q3 2023 was ¥0.59, down 10.61% from ¥0.67 in the same quarter last year[5]. - The operating profit for the third quarter was CNY 5.68 billion, down 14.99% from CNY 6.69 billion in the previous year[20]. - Net profit for the third quarter was CNY 4.82 billion, a decline of 11.77% compared to CNY 5.47 billion in the same quarter of 2022[20]. - The net profit for the first three quarters of 2023 is CNY 76,590,580.69, a significant recovery from a net loss of CNY -5,510,808.07 in the same period of 2022[29]. Assets and Liabilities - The total assets at the end of Q3 2023 increased by 3.42% to approximately ¥86.91 billion compared to the end of the previous year[5]. - Total assets increased to CNY 86.91 billion, up from CNY 84.04 billion year-over-year[16]. - Total liabilities decreased to CNY 45.75 billion, compared to CNY 46.03 billion in the previous year[16]. - The total assets as of September 30, 2023, were CNY 24,179,975,438.87, down from CNY 26,618,197,117.55 at the end of 2022[27]. - The total liabilities as of September 30, 2023, were CNY 3,895,363,276.70, slightly increasing from CNY 3,805,121,899.86 at the end of 2022[27]. - Total liabilities rose from ¥46,032,932,061.46 to ¥46,503,861,730.81, an increase of ¥470,929,669.35[35]. - Total liabilities amounted to approximately ¥3.81 billion, with non-current liabilities at about ¥2.80 billion[39]. Cash Flow - The net cash flow from operating activities for the year-to-date period was approximately ¥7.44 billion, a decrease of 28.45% compared to the same period last year[5]. - Net cash flow from operating activities decreased by 28.45% year-on-year, attributed to lower sales revenue from coal and coke products[9]. - The cash inflow from financing activities in Q3 2023 was CNY 1,939,730,900.00, significantly lower than CNY 6,337,599,382.00 in Q3 2022[25]. - The net cash flow from operating activities for Q3 2023 was CNY 7,436,707,850.64, down 28.3% from CNY 10,394,140,508.26 in Q3 2022[25]. - The net cash flow from investing activities for the first three quarters of 2023 was -CNY 4,857,485,721.31, worsening from -CNY 2,590,592,397.10 in the same period of 2022[25]. - The net cash flow from financing activities is CNY -1,933,801,613.96, compared to a net outflow of CNY -1,732,871,753.03 in 2022, indicating increased financing pressures[31]. Shareholders' Equity - The equity attributable to shareholders increased by 9.74% to approximately ¥36.64 billion compared to the end of the previous year[5]. - The company’s total equity rose to CNY 41.16 billion, compared to CNY 38.00 billion in the previous year[16]. - The company reported a total of 30,497 common shareholders as of the reporting period[11]. - Total equity reached approximately ¥22.81 billion, with retained earnings of around ¥2.91 billion[39]. Investments and Expenses - The company reported a significant increase in research and development expenses, totaling CNY 1.49 billion, up from CNY 1.25 billion in the previous year[20]. - The company has made an investment of CNY 150,000,000.00 in fixed assets during the first three quarters of 2023[31]. - The company reported a financial income of CNY 66,337,495.09 and financial expenses of CNY 66,223,412.07, resulting in a net financial income of CNY 114,082.02[30].