CHALIECO(SH:601068)2020-10-27 16:00Financial Performance - Operating revenue for the period was CNY 16,375,848,864.71, representing a decline of 21.91% year-on-year[10]. - Net profit attributable to shareholders of the listed company was a loss of CNY 179,038,206.51, compared to a profit of CNY 22,050,225.58 in the same period last year[10]. - Basic earnings per share were CNY -0.09, a decrease of 2,900% compared to CNY -0.003 in the same period last year[10]. - The weighted average return on net assets was -3.26%, a decrease of 3.17 percentage points from -0.09% in the previous year[10]. - The company reported a significant decrease in unallocated profits, which fell to 3.56 billion RMB from 4.02 billion RMB, a decline of 11.53%[41]. - The company's net profit for the first three quarters of 2020 was approximately ¥50.96 million, significantly up from ¥19.93 million in the same period of 2019[50]. - The company's net profit for Q3 2020 was -2,028,695.71 CNY, a significant decrease compared to 63,774,992.26 CNY in Q3 2019[55]. - The total profit for Q3 2020 was 58,684,444.28 CNY, compared to 122,244,317.38 CNY in Q3 2019, showing a decline of approximately 52%[55]. - The company reported a total profit of approximately ¥221.02 million for the third quarter, contrasting with a loss of ¥10.43 million in the same quarter of the previous year[64]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 55,185,175,858.01, a decrease of 1.45% compared to the end of the previous year[10]. - Net cash flow from operating activities was CNY -1,303,058,120.69, a decrease of 61.66% compared to the previous year[10]. - Total current assets decreased to 41.00 billion RMB from 44.79 billion RMB, a decline of 8.20%[35]. - Total non-current assets increased to 14.18 billion RMB from 11.21 billion RMB, an increase of 26.67%[39]. - Total liabilities decreased to 38.03 billion RMB from 40.60 billion RMB, a reduction of 6.45%[41]. - The company's total equity increased to 17.15 billion RMB from 15.40 billion RMB, reflecting an increase of 11.36%[41]. - The company's cash and cash equivalents decreased by 46.84% compared to the beginning of the period, mainly due to the redemption of USD 350 million senior perpetual bonds[22]. - The total cash and cash equivalents at the end of the period were 1,478,456,451.74 RMB, down from 1,096,673,810.03 RMB year-over-year[79]. Cash Flow - The net cash flow from operating activities decreased by 61.66% year-on-year, primarily due to the adverse impact of the pandemic and delayed payment schedules from owners[28]. - The net cash flow from investing activities decreased by 57.56% year-on-year, mainly due to the inclusion of all funds for the construction phase of the Yunnan Miyu Expressway PPP project[28]. - The net cash flow from financing activities decreased by 92.51% year-on-year, with the company receiving 2.6 billion RMB for the Yunnan Miyu Expressway PPP project while redeeming 350 million USD of senior perpetual bonds issued at the end of 2016[28]. - Cash flow from operating activities showed a net outflow of approximately ¥1.30 billion for the first three quarters of 2020, compared to a net outflow of ¥806.05 million in the same period last year[71]. - The net cash flow from operating activities was -365,958,264.09 RMB, an improvement from -1,161,169,254.18 RMB in the same period last year, indicating a 68.4% reduction in losses[76]. - Cash inflow from financing activities reached 14,035,422,787.16 RMB, up from 8,800,000,000.00 RMB, marking a significant increase of 59.0%[78]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,154[16]. - The largest shareholder, China Aluminum Group Co., Ltd., held 73.56% of the shares[16]. Income and Expenses - The company reported non-operating income and expenses totaling CNY 27,881,465.61 for the period[13]. - Other income increased by 162.14% year-on-year, mainly due to government land subsidies and employment stabilization subsidies recognized[26]. - The company reported a significant increase in other income, totaling approximately ¥320.14 million, compared to only ¥11.90 million in the previous year[64]. - Interest expenses amounted to approximately ¥75.21 million, while interest income was about ¥71.59 million, indicating a net interest expense of approximately ¥3.62 million[64]. - The company reported an investment loss of RMB 14.84 million, primarily due to discount losses on accounts receivable ABS[26]. - Credit impairment losses amounted to RMB 4.40 million, significantly increasing due to tight cash flow from clients and aging receivables[26].