Jinduicheng Molybdenum (SH:601958)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥3,342,943,226.07, representing a year-on-year increase of 54.13%[3] - Net profit attributable to shareholders for Q3 2023 was ¥844,027,252.20, a significant increase of 173.81% compared to the same period last year[3] - The basic earnings per share for Q3 2023 was ¥0.262, reflecting a growth of 172.92% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥829,583,769.45, marking a 176.62% increase year-on-year[3] - The net profit for Q3 2023 reached CNY 2,643,250,837.67, a significant increase from CNY 1,161,419,458.46 in Q3 2022, representing a growth of approximately 127.5%[16] - The total profit for Q3 2023 was CNY 3,110,139,731.63, significantly higher than CNY 1,386,490,611.28 in Q3 2022, marking an increase of approximately 124.8%[16] - Net profit for the first three quarters of 2023 was ¥1,770,103,898.00, representing an increase of 95.7% from ¥905,112,386.53 in the previous year[23] Assets and Liabilities - Total assets as of the end of the reporting period amounted to ¥17,583,371,812.90, an increase of 11.25% from the end of the previous year[4] - Total assets increased to ¥17,583,371,812.90, up 11.0% from ¥15,805,508,218.60 at the end of 2022[13] - Total liabilities amounted to ¥2,169,182,188.64, a slight increase of 1.5% from ¥2,139,993,029.15 at the end of 2022[14] - The equity attributable to shareholders reached ¥14,590,820,970.02, up 10.9% from ¥13,154,698,805.20 at the end of 2022[14] - The total liabilities amounted to ¥1,560,687,922.53, compared to ¥1,471,641,847.91, marking an increase of about 6.1%[21] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,138,459,347.30, showing a 5.90% increase compared to the same period last year[3] - Cash flow from operating activities for the first three quarters of 2023 was CNY 6,171,224,791.39, an increase from CNY 5,484,651,102.21 in the same period of 2022, representing a growth of approximately 12.5%[18] - The net cash flow from operating activities for Q3 2023 was CNY 1,138,459,347.30, compared to CNY 1,075,051,761.86 in Q3 2022, showing an increase of about 5.9%[18] - The net cash flow from operating activities was ¥107,250,824.20, a decrease of 81.1% compared to ¥567,694,568.61 in the same period of 2022[25] - The total cash and cash equivalents at the end of the period were ¥1,309,736,148.84, down from ¥2,198,457,532.35 in the previous year, indicating a decrease in liquidity[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,728[8] - The largest shareholder, Jin Duicheng Molybdenum Group Co., Ltd., held 72.02% of the shares, totaling 2,323,659,628 shares[8] Investment and R&D - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[14] - Research and development expenses increased to ¥122,755,688.21, up from ¥104,675,177.54 in the same period of 2022, reflecting a focus on innovation[22] Other Financial Metrics - The weighted average return on equity for Q3 2023 was 6.29%, up by 3.76 percentage points compared to the same period last year[4] - The company received government subsidies amounting to ¥17,415,187.41 during Q3 2023, contributing positively to its financial performance[5] - The company reported a net investment income of CNY 33,847,610.04 in Q3 2023, a recovery from a loss of CNY 15,656,020.14 in Q3 2022[15] - The income tax expense for Q3 2023 was CNY 466,888,893.96, compared to CNY 225,071,152.82 in Q3 2022, reflecting an increase of about 107.5%[16] - The company incurred financial expenses of -¥20,871,026.21, an improvement from -¥29,194,713.70 in the previous year, suggesting better financial management[22]