SHCI(SH:601225)2022-10-28 16:00Financial Performance - Q3 2022 operating revenue was CNY 4,704,906.55 thousand, a decrease of 3.27% year-on-year[4] - Net profit attributable to shareholders was CNY 370,874.46 thousand, down 37.89% compared to the same period last year[4] - Net profit excluding non-recurring gains and losses reached CNY 750,910.00 thousand, an increase of 11.82% year-on-year[5] - Basic earnings per share were CNY 0.38, a decrease of 38.75% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2022 reached RMB 130.74 billion, an increase from RMB 121.31 billion in the same period of 2021, representing a growth of approximately 7.99%[21] - The net profit for Q3 2022 reached CNY 41,459,931,717.47, a significant increase from CNY 22,845,977,363.34 in Q3 2021, representing an 81.5% year-over-year growth[22] - The total profit for Q3 2022 was CNY 49,865,683,549.44, compared to CNY 27,153,133,112.80 in the same period last year, marking an 83.5% increase[22] - The operating profit for Q3 2022 was CNY 49,939,959,638.99, up from CNY 27,278,681,197.70 in Q3 2021, reflecting an 83.5% growth[22] - The basic earnings per share for Q3 2022 was CNY 2.92, compared to CNY 1.47 in Q3 2021, indicating a 98.6% increase[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,179,168.34 thousand, an increase of 14.23% from the end of the previous year[5] - The total assets of the company as of September 30, 2022, amounted to RMB 211.79 billion, up from RMB 185.41 billion at the end of 2021, indicating a growth of about 14.23%[20] - The total liabilities increased to RMB 73.26 billion in 2022 from RMB 70.79 billion in 2021, which is an increase of approximately 3.48%[19] - Shareholders' equity attributable to the parent company was CNY 10,143,556.17 thousand, up 18.80% year-on-year[5] - The company's total equity increased to RMB 138.53 billion in 2022 from RMB 114.62 billion in 2021, representing a growth of approximately 20.83%[20] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 3,848,743.33 thousand, an increase of 20.63% year-on-year[5] - Cash inflow from operating activities totaled CNY 162,078,418,703.90 in Q3 2022, an increase from CNY 143,981,311,289.35 in Q3 2021, representing a 12.5% growth[24] - Cash outflow from operating activities was CNY 123,590,985,386.07 in Q3 2022, compared to CNY 112,076,436,316.37 in Q3 2021, showing a 10.3% increase[24] - The net cash flow from investing activities was 565,119,162.49, a significant improvement compared to -3,504,296,131.02 in the previous period[25] - The net cash flow from financing activities was -16,030,101,614.72, worsening from -11,145,466,332.97 in the previous period[25] - The ending balance of cash and cash equivalents was 71,857,254,317.33, up from 39,098,563,233.60 in the previous period[25] Inventory and Receivables - The company reported a significant decrease in accounts receivable by 70.31% due to a reduction in the scope of consolidation[8] - Accounts receivable decreased significantly to RMB 2.11 billion in 2022 from RMB 7.10 billion in 2021, a decline of approximately 70.32%[18] - Inventory decreased by 33.22% as a result of reduced material and coal stock levels[8] - Inventory levels decreased to RMB 2.41 billion in 2022 from RMB 3.62 billion in 2021, reflecting a reduction of about 33.33%[18] Production and Sales - The company reported a coal production of 10,960.10 million tons for the first nine months of 2022, an increase of 6.77% compared to 10,265.12 million tons in the same period of 2021[15] - Coal sales volume decreased by 13.44% to 17,482.20 million tons from 20,196.39 million tons year-on-year[15] - Coal sales revenue increased by 10.91% to 12,664,320.10 million yuan compared to 11,419,059.07 million yuan in the previous year[15] - Gross profit rose by 42.35% to 5,205,174.37 million yuan from 3,656,633.25 million yuan year-on-year[15] Research and Development - Research and development expenses increased by 219.94 million yuan during the quarter, indicating a focus on innovation[10] - Research and development expenses increased significantly to RMB 155.24 million in 2022, compared to RMB 48.52 million in 2021, marking an increase of approximately 220.73%[21] Other Financial Activities - The company received a VAT refund of 35,575.23 million yuan based on national policy[11] - The company reported a net cash inflow from the disposal of subsidiaries and other operating units of -100.00 million yuan, indicating a decrease from the previous period[11] - The deferred income tax liabilities increased by 312.44 million yuan due to changes in the fair value of financial assets[10] - The total number of ordinary shareholders at the end of the reporting period was 79,805[12] - The company received 850,318,535.35 in cash from borrowings, down from 2,060,000,000.00 in the previous period[25] - Cash dividends and interest payments totaled 15,168,963,543.53, an increase from 8,639,217,945.12 in the previous period[25] - The cash inflow from minority shareholders' investments was 56,556,700.00, significantly higher than 1,500,000.00 in the previous period[25] - The impact of exchange rate changes on cash and cash equivalents was 1,242,549.95, compared to -1,605,832.53 in the previous period[25]