2023-10-27 16:00Financial Performance - Total operating revenue for Q3 2023 reached CNY 74.67 billion, an increase of 4.10% year-on-year[3] - Net profit attributable to shareholders for Q3 2023 was CNY 5.86 billion, up 45.22% compared to the same period last year[3] - The total profit for Q3 2023 was CNY 8.39 billion, reflecting a significant increase of 33.11% year-on-year[3] - Basic earnings per share for Q3 2023 were CNY 0.223, representing a growth of 43.87% compared to the previous year[4] - The company's revenue for the first nine months of 2023 reached RMB 225.008 billion, a year-on-year growth of 10.19%, while the net profit attributable to shareholders was RMB 16.165 billion, a decrease of 3.01% year-on-year[10] - The total comprehensive income for Q3 2023 was CNY 23.43 billion, compared to CNY 22.94 billion in Q3 2022, representing a growth of about 2.1%[21] - Net profit for Q3 2023 was CNY 20.07 billion, compared to CNY 20.69 billion in Q3 2022, indicating a decrease of approximately 3%[20] - Basic earnings per share for Q3 2023 was CNY 0.615, slightly down from CNY 0.635 in Q3 2022[21] Assets and Liabilities - The company's total assets as of the end of Q3 2023 amounted to CNY 330.80 billion, an increase of 8.09% from the end of the previous year[4] - The total assets as of September 30, 2023, amounted to ¥107,674,584,489, an increase from ¥104,698,265,072 in the previous year[26] - The company's total liabilities reached 195,256,507,733 CNY, compared to 181,588,693,965 CNY at the end of 2022[17] - The total liabilities increased to ¥74,898,775,424 from ¥68,183,876,605 year-over-year[26] Cash Flow - Cash flow from operating activities for the year-to-date period reached CNY 25.72 billion, up 17.20% year-on-year[4] - Cash flow from operating activities for the first three quarters of 2023 was CNY 246.00 billion, compared to CNY 219.82 billion in the same period of 2022, showing an increase of about 11.9%[22] - The net cash flow from operating activities for Q3 2023 was ¥25,723,188,523, an increase of 17.6% compared to ¥21,948,447,561 in Q3 2022[23] - The total cash outflow from investing activities was ¥29,598,913,247, down 17.0% from ¥35,686,539,809 in the previous year[23] - The net cash flow from financing activities was -¥6,137,080,149, a significant decrease from ¥13,524,919,252 in Q3 2022[23] Production and Sales - In the first nine months of 2023, the company produced 50,091 kg of gold, a 22% increase year-on-year, and 754,248 tons of copper, a 13% increase year-on-year[10] - In Q3 2023, gold production reached 17,337 kg, an increase from 15,812 kg in Q2 2023, with a gross margin of 43.73% compared to 45.85% in Q2 2023[13] - Copper production was 215,531 tons in Q3 2023, up from 193,553 tons in Q2 2023, with a gross margin of 53.34%, down from 56.26% in Q2 2023[13] - Zinc production totaled 105,016 tons in Q3 2023, slightly up from 104,428 tons in Q2 2023, with a gross margin of 20.89%, compared to 10.88% in Q2 2023[13] Margins and Costs - The gross margin for mining enterprises was 50.29%, down 6.09 percentage points year-on-year, and the overall gross margin was 15.16%, down 0.44 percentage points year-on-year[10] - The company reported a comprehensive gross margin of 15.16% in Q3 2023, compared to 15.60% in the same period last year[12] - Total operating costs for Q3 2023 were CNY 203.71 billion, up from CNY 182.01 billion in Q3 2022, reflecting an increase of about 11.9%[19] Research and Development - Research and development expenses for Q3 2023 amounted to CNY 1.13 billion, up from CNY 799.38 million in Q3 2022, marking an increase of approximately 41.3%[19] - Research and development expenses increased to CNY 310,281,877, representing a 39.6% increase from CNY 222,181,439 in 2022[28] Financial Expenses - Financial expenses for Q3 2023 were CNY 2.26 billion, significantly higher than CNY 892.30 million in Q3 2022, reflecting an increase of about 153%[19] - The company’s financial expenses increased significantly to CNY 1,219,934,456, compared to CNY 620,055,504 in the previous year[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 378,580[8] - Other comprehensive income after tax attributable to the parent company for Q3 2023 was CNY 3.10 billion, compared to CNY 1.76 billion in Q3 2022, indicating an increase of approximately 75.7%[20]