Jinduicheng Molybdenum (SH:601958)2020-10-28 16:00Financial Performance - Net profit attributable to shareholders was CNY 115,041,196.21, representing a decline of 74.23% year-on-year[5] - Operating revenue for the first nine months was CNY 5,940,348,666.36, down 11.64% from the same period last year[5] - Basic earnings per share decreased by 73.91% to CNY 0.036[6] - The company reported a 58.84% decrease in income tax expenses to CNY 52,535,818.61 from CNY 127,640,516.23[17] - Net profit for Q3 2020 was CNY -1,093,703.98, compared to a net profit of CNY 204,136,582.21 in Q3 2019, indicating a significant decline[33] - The company reported a total profit of CNY -174,049.22 for Q3 2020, compared to CNY 256,055,580.73 in Q3 2019[33] - The total comprehensive income attributable to the parent company for Q3 2020 was CNY -11,517,059.08, compared to CNY 173,964,772.53 in Q3 2019[33] - The total profit for Q3 2020 was -¥56,958,337.99, compared to ¥122,922,517.49 in Q3 2019, highlighting a significant decline in profitability[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,410,512,677.48, a decrease of 5.76% compared to the end of the previous year[5] - The company's net assets attributable to shareholders decreased by 6.38% to CNY 12,293,438,654.77 compared to the end of the previous year[5] - Total assets decreased from CNY 15,292,026,867.05 to CNY 14,410,512,677.48, a decline of approximately 5.75%[24] - Non-current liabilities decreased slightly from CNY 680,209,343.72 to CNY 675,974,477.69, a reduction of about 0.34%[26] - Current liabilities decreased from CNY 1,068,418,275.97 to CNY 975,195,228.87, representing a decrease of approximately 8.73%[24] - The total liabilities decreased from CNY 1,748,627,619.69 to CNY 1,651,169,706.56, a reduction of about 5.57%[26] - The company's total equity decreased from CNY 13,543,399,247.36 to CNY 12,759,342,970.92, a decline of approximately 5.78%[26] Cash Flow - The net cash flow from operating activities was negative CNY 8,797,225.68, a decrease of 101.02% compared to the previous year[5] - Cash and cash equivalents decreased by 36.87% to CNY 2,191,708,699.95 from CNY 3,471,962,348.61[15] - Cash flow from operating activities for the first nine months of 2020 was ¥5,456,244,313.57, down from ¥6,539,710,610.34 in the same period of 2019[38] - The net cash flow from operating activities for the first three quarters of 2020 was ¥178,426,811.29, a decrease of 84.9% compared to ¥1,179,924,718.97 in the same period of 2019[41] - The net cash flow from investment activities was -¥86,281,751.57, compared to -¥458,451,466.08 in the same period last year, indicating an improvement[41] - The net cash flow from financing activities was -¥967,031,896.26, compared to -¥322,517,127.32 in the same period last year, reflecting increased cash outflows[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 88,654[8] - The company experienced a significant increase in accounts receivable due to an increase in credit terms during the reporting period[14] Inventory and Investments - Inventory increased from CNY 437,168,541.61 to CNY 449,105,337.23, an increase of about 2.12%[29] - Long-term equity investments rose by 35.69% to CNY 1,140,668,974.34 from CNY 840,668,974.34[15] - The company's long-term investments increased from CNY 1,708,165,705.21 to CNY 2,008,165,705.21, an increase of approximately 17.55%[29] Government Subsidies - Government subsidies recognized in the first nine months amounted to CNY 24,041,296.35[7]