海南矿业(601969) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,139,870.70 thousand, representing a year-on-year increase of 57.13%[6] - Net profit attributable to shareholders for Q3 2021 was ¥399,499.70 thousand, a significant increase of 797.30% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥266,069.31 thousand, up by 230.05% year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached CNY 3,185,002.47 thousand, up from CNY 1,995,568.34 thousand in the same period of 2020, representing a growth of approximately 59.9%[33] - Net profit for the third quarter of 2021 was CNY 1,073,890.13 thousand, compared to CNY 55,250.64 thousand in the third quarter of 2020, indicating a significant increase[36] - The company's financial expenses in the third quarter of 2021 were CNY 52,568.14 thousand, compared to CNY 48,432.90 thousand in the same quarter of 2020, indicating a rise in financial costs[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥11,109,248.82 thousand, reflecting a 30.42% increase from the end of the previous year[8] - Total assets increased to CNY 11,109,248.82 thousand in 2021 from CNY 8,518,036.72 thousand in 2020, reflecting a growth of approximately 30.5%[33] - Total liabilities rose to CNY 4,362,809.40 thousand in 2021, compared to CNY 3,457,414.68 thousand in 2020, marking an increase of about 26.2%[33] - The company's long-term equity investments increased to RMB 42.66 million from RMB 28.55 million in the previous year[28] - The company reported a long-term debt of RMB 417,593.60 thousand[50] Equity and Earnings - The equity attributable to shareholders at the end of the reporting period was ¥5,713,309.33 thousand, which is a 43.17% increase compared to the end of the previous year[8] - The total equity attributable to shareholders of the parent company reached CNY 5,713,309.33 thousand, up from CNY 3,990,535.06 thousand in the previous year, reflecting a growth of approximately 43.2%[33] - Basic earnings per share for Q3 2021 were CNY 0.50, an increase from CNY 0.03 in the same period last year[42] Cash Flow - The company reported a cash flow from operating activities of ¥498,190.04 thousand for the year-to-date, showing a decrease of 4.86% compared to the same period last year[6] - Cash inflow from operating activities totaled CNY 2,557,987.74 thousand, up from CNY 2,192,326.45 thousand year-over-year, representing a growth of approximately 16.67%[42] - Net cash flow from operating activities was CNY 498,190.04 thousand, slightly down from CNY 523,643.23 thousand in the previous year[42] - Cash inflow from financing activities reached CNY 3,102,826.58 thousand, significantly higher than CNY 1,200,751.39 thousand in the previous year, indicating an increase of approximately 158.00%[44] - Net cash flow from financing activities was CNY 1,496,018.49 thousand, a turnaround from a negative CNY -135,446.29 thousand in the same period last year[44] Production and Operations - The increase in revenue is primarily attributed to the rise in iron ore and oil and gas production and prices[12] - The company achieved a raw ore production of 1.5601 million tons and a finished ore production of 737,000 tons during the reporting period[21] - The company successfully acquired EOG Resources in China, resulting in a substantial increase in resource reserves and annual production, with oil and gas output reaching 130,940 barrels equivalent, a year-on-year increase of 122%[21] - The company plans to continue expanding its operations in the iron ore and oil sectors, leveraging the increased market prices[12] Investments and Projects - The company is advancing its lithium hydroxide project (Phase I) with a total investment of no more than RMB 1.065 billion, aiming to construct a 20,000-ton battery-grade lithium hydroxide project[22] - The company completed a non-public stock issuance, raising approximately RMB 757 million by issuing about 67 million shares at a price of RMB 11.30 per share[21] Inventory and Current Assets - The company’s finished goods inventory amounted to RMB 328.29 million, an increase from RMB 223.80 million in the previous year[28] - The company reported cash and cash equivalents of RMB 2,945.68 million as of September 30, 2021, compared to RMB 1,960.76 million at the end of 2020, indicating a significant increase[28] - The company's total current assets reached RMB 5,477.12 million, up from RMB 3,416.11 million in the previous year[28]