Shaanxi Heimao(SH:601015)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 5,377,897,632.96, representing a year-on-year increase of 3.99% compared to CNY 5,171,653,358.59 in the same period last year[6]. - The net profit attributable to shareholders for Q3 2022 was a loss of CNY 196,274,709.83, a decrease of 153.82% compared to a profit of CNY 385,783,984.61 in the same period last year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was a loss of CNY 181,369,746.11, down 173.80% year-on-year[7]. - The basic earnings per share for Q3 2022 was -CNY 0.10, a decrease of 147.62% compared to CNY 0.20 in the same period last year[7]. - The weighted average return on equity for Q3 2022 was -2.22%, a decrease of 6.18 percentage points from 5.00% in the same period last year[7]. - The net profit attributable to the parent company's shareholders was CNY 239,855,307.75, a decrease from CNY 1,337,890,926.40 in the same period last year, representing a decline of approximately 82.1%[24]. - The total profit amounted to CNY 399,063,629.19, down from CNY 1,819,969,106.62, indicating a decrease of about 78.0% year-over-year[24]. - The operating profit was CNY 402,754,238.80, significantly lower than CNY 1,820,494,872.49 from the previous year, reflecting a decline of approximately 77.9%[24]. - The total comprehensive income was CNY 240,197,385.98, down from CNY 1,669,992,353.85, reflecting a decrease of approximately 85.6% year-over-year[24]. - The basic earnings per share decreased to CNY 0.12 from CNY 0.76, indicating a decline of approximately 84.2%[24]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 603,264,897.52, compared to a negative cash flow of CNY 122,355,060.79 in the same period last year, reflecting a significant improvement[7]. - The net cash flow from operating activities was CNY 603,264,897.52, a turnaround from a negative cash flow of CNY -38,775,338.34 in the same period last year[28]. - The cash flow from financing activities showed a net outflow of CNY -671,275,313.69, contrasting with a net inflow of CNY 691,886,526.72 in the previous year[28]. - The company reported a cash and cash equivalents balance of CNY 390,466,553.06 at the end of the period, down from CNY 754,495,287.55 in the previous year[28]. - Cash and cash equivalents as of September 30, 2022, amounted to CNY 1,879,317,500.35, slightly up from CNY 1,829,567,796.54 at the end of 2021[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 20,756,977,561.62, a slight increase of 0.14% compared to CNY 20,728,184,045.88 at the end of the previous year[7]. - Total assets as of September 30, 2022, were CNY 20,756,977,561.62, a slight increase from CNY 20,728,184,045.88 at the end of 2021[21]. - Total liabilities as of September 30, 2022, were CNY 9,718,155,901.64, down from CNY 9,954,990,490.52 at the end of 2021, indicating a decrease of approximately 2.4%[21]. - The company reported a total equity of CNY 11,038,821,659.98 as of September 30, 2022, compared to CNY 10,773,193,555.36 at the end of 2021, reflecting an increase of about 2.5%[21]. - The equity attributable to shareholders at the end of the reporting period was CNY 8,745,524,065.32, an increase of 3.13% compared to CNY 8,480,229,862.66 at the end of the previous year[7]. - The company’s long-term equity investments decreased to CNY 1,766,623,468.62 as of September 30, 2022, from CNY 2,280,075,601.16 at the end of 2021, a decline of approximately 22.5%[19]. Operational Performance - The company experienced a significant decline in profit margins due to rising raw material costs, which outpaced the price increase of its main product, coke[13]. - Total operating revenue for the first three quarters of 2022 reached CNY 17,949,196,586.60, an increase from CNY 14,689,397,207.74 in the same period of 2021, representing a growth of approximately 22.9%[21]. - Total operating costs for the first three quarters of 2022 were CNY 17,570,142,582.86, compared to CNY 13,278,714,747.57 in 2021, indicating an increase of about 32.4%[21]. Non-Recurring Items - The company reported non-recurring losses totaling CNY 14,904,963.72 for the current period, primarily due to asset disposal losses and other operating expenses[10]. - The company received CNY 720,300,000.00 in investment income, compared to no income reported in the same period last year[28]. Corporate Governance - The company’s actual controller and major shareholders have familial ties, which may influence corporate governance and decision-making[16].