2021-10-15 16:00Financial Performance - Revenue for Q3 2021 reached ¥59.11 billion, an increase of 25.00% year-over-year[4] - Total profit for Q3 2021 was ¥6.97 billion, reflecting a significant increase of 111.15% compared to the same period last year[4] - Net profit for Q3 2021 amounted to ¥5.62 billion, up by 107.78% year-over-year[4] - The net profit attributable to shareholders was ¥4.65 billion, representing a 116.34% increase compared to the same quarter last year[4] - Basic earnings per share for Q3 2021 were ¥0.178, a rise of 109.41% year-over-year[5] - The company reported a total profit of ¥18.44 billion for Q3 2021, compared to ¥7.40 billion in Q3 2020, marking a 149.4% increase[23] - The company’s total comprehensive income for Q3 2021 was ¥14.75 billion, compared to ¥5.37 billion in Q3 2020, reflecting a 174.5% increase[24] - The company’s financial performance indicates strong growth and improved profitability metrics compared to the previous year[22][23][24] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥203.98 billion, an increase of 11.88% from the end of the previous year[5] - As of September 30, 2021, the company's total current assets reached RMB 48.1 billion, an increase of 22.5% from RMB 39.3 billion on December 31, 2020[17] - The company's total liabilities as of September 30, 2021, were RMB 111.74 billion, an increase from RMB 107.72 billion at the end of 2020, reflecting a growth of 3.0%[20] - The company's total non-current assets reached RMB 155.87 billion, up from RMB 143.05 billion, indicating a growth of 9.0%[19] Cash Flow - Cash flow from operating activities for the year-to-date was ¥17.81 billion, up by 79.86% year-over-year[5] - The net cash flow from operating activities was CNY 17,814,544,258, an increase from CNY 9,904,944,976 in the previous year, representing an increase of approximately 79%[26] - The total cash outflow from investing activities was CNY 23,690,287,585, compared to CNY 25,012,793,644 in the previous year, indicating a decrease of about 5%[26] - The net cash flow from financing activities was CNY 4,450,325,358, down from CNY 14,962,953,112 in the previous year, reflecting a decrease of approximately 70%[26] - The total cash and cash equivalents at the end of the period amounted to CNY 12,874,274,676, up from CNY 7,055,434,325 in the previous year, marking an increase of about 83%[27] Production and Operations - The company achieved operating revenue of RMB 168.976 billion in Q3 2021, representing a year-on-year growth of 29.55% compared to RMB 130.434 billion in the same period last year[11] - The total gold production reached 34,457 kg in 2021, up from 29,463 kg in 2020, with a sales volume of 32,586 kg[12] - The copper production amounted to 408,113 tons in 2021, an increase from 345,338 tons in 2020, with a sales volume of 390,039 tons[12] - The overall gross profit margin for the mining sector improved to 59.23% in 2021, up from 47.27% in the previous year, marking an increase of 11.96 percentage points[13] - The company has raised its production guidance for copper concentrate to between 85,000 tons and 95,000 tons for 2021[14] - The first phase of the Kamoa-Kakula copper mine in the Democratic Republic of Congo has reached a daily production capacity of 12,600 tons of ore, exceeding the designed capacity by 10.5%[14] - The Timok copper-gold mine in Serbia commenced trial production in June 2021, with an expected output of 50,000 tons of copper concentrate and 3 kg of gold in 2021[14] - The construction of the 40,000 tons/day processing plant at the Zijin Copper Company is progressing well, with completion expected in Q1 2022[14] - The construction of the first phase of the Tibet Julong copper polymetallic mine is nearing completion, with production expected to commence by the end of 2021[14] Investments and Future Plans - The company plans to invest RMB 4.94 billion to acquire 100% equity of Canadian Lithium Company, which has a lithium resource of 7.565 million tons, including 1.845 million tons of high-grade lithium[15] - The company has a planned annual production capacity of 20,000 tons of battery-grade lithium carbonate, with potential expansion to 40,000-60,000 tons[15] - The feasibility study for the lithium project is expected to be completed in Q4 2021, with construction to begin after obtaining environmental approval[15] Shareholder Information - The company reported a total of 804,249 common shareholders at the end of the reporting period[8] - The top shareholder, Minxi Xinghang State-owned Assets Investment Management Co., Ltd., holds 23.11% of the shares[8]