2019-10-29 16:00Financial Performance - The company achieved operating revenue of RMB 101.63 billion, representing a year-on-year increase of 33.42% compared to RMB 76.17 billion in the same period last year[12]. - The net profit attributable to shareholders of the listed company was RMB 3.01 billion, a decrease of 10.34% from RMB 3.35 billion in the previous year[5]. - The net cash flow from operating activities for the year-to-date was RMB 6.06 billion, down 8.49% from RMB 6.62 billion in the same period last year[5]. - The weighted average return on net assets was 8.35%, down 1.1 percentage points from 9.45% in the previous year[6]. - The basic earnings per share were RMB 0.131, a decrease of 10.27% from RMB 0.146 in the same period last year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 2.75 billion, down 14.67% from RMB 3.23 billion in the previous year[5]. - Total operating revenue for Q3 2019 reached ¥34,428,931,694, a 30.7% increase from ¥26,358,888,293 in Q3 2018[34]. - Net profit for Q3 2019 was ¥1,336,206,160, compared to ¥839,218,245 in Q3 2018, representing a 59.2% increase[36]. - The total comprehensive income for Q3 2019 reached CNY 1,053,161,797, compared to CNY 878,174,745 in the same period last year, marking an increase of 19.9%[38]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 117.54 billion, an increase of 4.13% from RMB 112.88 billion at the end of the previous year[5]. - The company's total current assets decreased to ¥29.62 billion from ¥30.45 billion at the end of 2018[28]. - The total assets decreased to ¥58,527,304,628 from ¥62,219,598,738 year-over-year, a decline of 6.8%[33]. - Total liabilities rose to ¥69,817,479,371 from ¥65,605,591,140, indicating an increase of about 3.4%[30]. - The company’s total liabilities included CNY 12,002,967,575 in bonds payable, an increase of 35.18% from CNY 8,879,453,693[19]. - Current liabilities totaled 37,223,097,530 RMB, a decrease from 37,298,053,805 RMB, indicating improved management of short-term obligations[49]. - Total liabilities reached ¥30,266,483,302, with current liabilities at ¥17,755,661,974[53]. Expenses - Sales expenses rose by 44.26% to CNY 933,171,423 in the first nine months of 2019 compared to CNY 646,854,298 in the same period of 2018, primarily due to the inclusion of newly acquired companies[15]. - Management expenses increased by 33.06% to CNY 2,770,548,321 in the first nine months of 2019, up from CNY 2,082,120,964 in the same period last year[16]. - Financial expenses surged by 44.08% to CNY 1,160,425,465 in the first nine months of 2019, compared to CNY 805,379,586 in the same period of 2018, mainly due to increased interest expenses from acquisition financing[17]. - Research and development expenses rose by 62.07% to ¥281.14 million, up from ¥173.46 million in the previous year[21]. - The company reported a significant increase in financial expenses, which rose to ¥309,538,900 in Q3 2019 from ¥144,958,013 in Q3 2018, marking a 113.5% increase[34]. Cash Flow - Cash and cash equivalents decreased by 33.75% to CNY 6,684,487,987 at the end of the period from CNY 10,089,890,808 at the beginning of the year[18]. - Cash inflow from operating activities totaled CNY 106.47 billion, up from CNY 82.32 billion year-over-year, indicating a growth of approximately 29%[43]. - Cash outflow from operating activities increased to CNY 100.42 billion from CNY 75.70 billion, reflecting a rise of about 32.6%[43]. - Cash inflow from financing activities amounted to CNY 25.10 billion, compared to CNY 16.30 billion in the previous year, marking an increase of approximately 54%[44]. - The company reported a net cash flow from investment activities of 2,783,451,219 RMB, a significant improvement from -163,075,917 RMB in the previous period[46]. Shareholder Information - The company reported a total of 676,158 shareholders at the end of the reporting period[8]. - The largest shareholder, Minxi Xinghang State-owned Assets Investment and Operation Co., Ltd., held 25.88% of the shares[8]. - The company received tax refunds amounting to CNY 532.83 million, compared to CNY 131.26 million in the same period of 2018, indicating a significant increase of approximately 305%[43]. Production and Operations - The company's gold production from mines increased to 19,768 kg in 2019 from 15,538 kg in 2018, representing a growth of 27.5%[13]. - The production of copper concentrate from mines increased to 200,803 tons in 2019 from 167,880 tons in 2018, a growth of 19.6%[13]. - The overall gross margin for the mining enterprise decreased to 43.57% in the first three quarters of 2019, down from 48.68% in the same period last year, a decline of 5.11 percentage points[14]. - The gross margin for smelting processing of gold was 0.53% in 2019, compared to 0.23% in 2018, indicating an improvement[13].