CHIFENG GOLD(SH:600988)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,429,681,990.55, representing a year-on-year increase of 43.58%[3] - The net profit attributable to shareholders for Q3 2022 was a loss of ¥14,767,222.75, a decrease of 109.84% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,379,701.99, down 92.91% year-on-year[4] - The basic earnings per share for Q3 2022 was -¥0.01, a decrease of 111.11% compared to the same period last year[4] - The net profit for Q3 2022 was CNY 478,824,229.04, a decrease from CNY 579,563,248.66 in Q3 2021, representing a decline of approximately 17.4%[20] - Total comprehensive income for Q3 2022 reached CNY 1,040,496,940.84, compared to CNY 564,166,343.34 in Q3 2021, indicating an increase of approximately 84.5%[21] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.24, down from CNY 0.33 in Q3 2021, reflecting a decrease of about 27.3%[22] - The company incurred a total operating profit of CNY 743,790,189.76 in Q3 2022, up from CNY 650,845,885.72 in Q3 2021, representing an increase of about 14.2%[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥15,090,749,700.41, an increase of 87.38% compared to the end of the previous year[4] - The equity attributable to shareholders at the end of the reporting period was ¥5,492,509,647.71, up 18.87% year-on-year[4] - The total liabilities rose to CNY 7,331,604,195.52 in Q3 2022, up from CNY 3,052,575,433.26 in 2021, indicating an increase of approximately 140.5%[16] - The total assets as of the end of the third quarter of 2022 amounted to CNY 6,913,561,734.73, up from CNY 5,698,375,552.30 at the end of the same period in 2021, reflecting a growth of approximately 21.4%[30] - The total liabilities increased to CNY 1,852,561,240.69 in the third quarter of 2022, compared to CNY 1,143,132,421.06 in the same period of 2021, marking an increase of about 62.1%[29] Cash Flow - The company reported a cash flow from operating activities of ¥474,176,245.50, down 54.92% year-on-year[4] - Cash flow from operating activities for the first three quarters of 2022 was CNY 474,176,245.50, a significant decrease from CNY 1,051,820,198.98 in the same period of 2021[23] - Cash and cash equivalents decreased to CNY 909,752,165.34 as of September 30, 2022, down from CNY 1,824,748,942.68 at the end of 2021, a decline of approximately 50%[13] - Cash and cash equivalents at the end of Q3 2022 were CNY 535,854,582.34, down from CNY 2,105,431,536.05 at the end of Q3 2021, indicating a decrease of approximately 74.5%[25] - Cash flow from investing activities showed a net outflow of CNY 3,723,590,735.49 in the first three quarters of 2022, compared to a net inflow of CNY 62,868,016.85 in the same period of 2021[25] - Net cash flow from investing activities was -¥1,740,377,058.59, compared to a positive cash flow of ¥1,117,535,533.60 in the same period last year[37] - Total cash inflow from financing activities reached ¥1,428,492,494.87, while cash outflow was ¥1,144,941,973.15, resulting in a net cash flow of ¥283,550,521.72[37] Revenue and Costs - Total operating revenue for the first three quarters of 2022 reached CNY 4,476,018,648.53, a significant increase from CNY 2,668,417,625.19 in the same period of 2021, representing a growth of approximately 67.5%[18] - The total operating costs for the first three quarters of 2022 were CNY 3,695,697,422.15, compared to CNY 2,021,251,500.15 in 2021, indicating an increase of about 83%[18] - The company reported a total revenue of CNY 4,578,984,375.31 from sales of goods and services in the first three quarters of 2022, compared to CNY 2,649,119,680.03 in the same period of 2021, marking an increase of approximately 72.8%[23] Investments and Expenses - The company’s research and development expenses for the first three quarters of 2022 were CNY 20,972,904.45, slightly down from CNY 23,267,689.70 in the same period of 2021[18] - The company’s financial expenses increased significantly, reaching CNY 75,812,360.53 in 2022, compared to a negative CNY 30,062,146.48 in 2021, indicating a substantial change in financial performance[18] - The financial expenses for the first three quarters of 2022 were CNY 62,221,652.28, compared to a negative CNY 20,660,333.63 in the same period of 2021, indicating a shift in financial performance[31] - The company reported investment income of CNY 558,293,924.66 for the first three quarters of 2022, a significant recovery from a loss of CNY 16,433,600.00 in the same period of 2021[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,591[9] - The total equity of the company reached CNY 5,061,000,494.04 by the end of the third quarter of 2022, compared to CNY 4,555,243,131.24 in the same period of 2021, indicating an increase of approximately 11.1%[30] - The company’s retained earnings increased to CNY 1,278,931,278.11 in the third quarter of 2022, compared to CNY 743,253,936.29 in the same period of 2021, reflecting a growth of approximately 72.0%[30] Government Support - The company received government subsidies amounting to ¥373,180.82 during the reporting period, which are closely related to its normal business operations[5] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and product offerings[17]