海南矿业(601969) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,045,477.36 thousand, representing a decrease of 8.28% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was CNY 160,710.44 thousand, down 59.77% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 116,039.96 thousand, a decrease of 56.39% compared to the previous year[7]. - The basic earnings per share for Q3 2022 was CNY 0.08, reflecting a decline of 60.66% year-on-year[9]. - The diluted earnings per share for Q3 2022 was also CNY 0.08, down 60.67% from the same period last year[9]. - The weighted average return on equity for Q3 2022 was 2.59%, a decrease of 5.38 percentage points compared to the previous year[9]. - Total operating revenue for the first three quarters of 2022 reached RMB 3,793,030.49 thousand, an increase from RMB 3,185,002.47 thousand in the same period of 2021, representing a growth of approximately 19.1%[40]. - Net profit decreased to 716,305.51 thousand RMB from 1,073,890.13 thousand RMB, a decline of about 33%[47]. - Total comprehensive income amounted to 951,089.05 thousand RMB, down from 1,059,750.46 thousand RMB, a decrease of around 10%[47]. - Operating profit fell to 867,601.58 thousand RMB from 1,352,462.04 thousand RMB, a drop of approximately 36%[44]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to CNY 11,845,741.78 thousand, an increase of 8.69% from the end of the previous year[9]. - The equity attributable to shareholders at the end of Q3 2022 was CNY 6,327,348.46 thousand, up 13.06% year-on-year[9]. - Current assets totaled RMB 6,541,906.90 thousand, compared to RMB 5,474,372.99 thousand at the end of 2021, reflecting a growth of approximately 19.5%[36]. - The company's short-term borrowings decreased to RMB 1,097,849.37 thousand from RMB 1,361,638.59 thousand, a reduction of approximately 19.3%[36]. - Total liabilities as of September 30, 2022, were RMB 4,412,886.04 thousand, compared to RMB 4,295,460.37 thousand at the end of 2021, showing an increase of about 2.7%[39]. - The company's equity attributable to shareholders reached RMB 6,327,348.46 thousand, up from RMB 5,596,207.69 thousand, representing an increase of approximately 13.1%[39]. - Inventory as of September 30, 2022, was RMB 342,026.92 thousand, slightly up from RMB 322,713.69 thousand, indicating a growth of about 5.9%[36]. - The company reported a decrease in other receivables to RMB 41,700.13 thousand from RMB 52,692.58 thousand, a decline of approximately 20.9%[36]. - Long-term equity investments increased to RMB 52,791.08 thousand from RMB 46,688.92 thousand, reflecting a growth of about 13.1%[36]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 953,929.95 thousand, an increase of 91.48% compared to the previous year[9]. - The net cash flow from operating activities increased to $953,929.95, up from $498,190.04, representing an increase of approximately 91.2%[52]. - Cash inflow from investment activities totaled $715,547.83, compared to $664,396.22, showing a growth of about 7.7%[52]. - The net cash flow from investment activities was -$487,817.76, an improvement from -$943,682.63, indicating a reduction in cash outflow by approximately 48.3%[52]. - Cash inflow from financing activities decreased to $1,865,833.27 from $3,102,826.58, reflecting a decline of about 39.9%[52]. - The net cash flow from financing activities was $105,722.94, down from $1,496,018.49, a decrease of approximately 92.9%[52]. - The total cash and cash equivalents at the end of the period reached $3,868,741.77, up from $2,893,666.12, marking an increase of about 33.7%[52]. - The cash outflow for investing activities was $1,203,365.59, compared to $1,608,078.85, indicating a decrease of approximately 25.1%[52]. - The cash outflow for operating activities totaled $2,724,946.18, an increase from $2,059,797.70, representing a rise of about 32.3%[52]. - The cash inflow from other financing activities was $50,451.15, down from $286,580.35, reflecting a decline of approximately 82.4%[52]. - The impact of exchange rate changes on cash and cash equivalents was positive at $110,595.94, compared to a negative impact of -$5,666.96 in the previous period[52]. Production and Sales - The production volume of raw ore from the Shilu division was 1.324 million tons, down 15.41% year-on-year, with finished ore production at 583,100 tons, a decrease of 20.89%[25]. - The finished ore sales volume was 659,300 tons, down 12.26% year-on-year[25]. - The company completed 2,642 meters of tunneling for the Shilu iron ore mining project, achieving 89% of the annual plan[29]. - The company has completed the construction of the fire water and cooling water pump station for the magnetization roasting project, with 3000 tons of various steel components produced[29]. - The exploration well in the Zhujiangkou 03/33 block encountered nearly 50 meters of net oil layer, with a single-layer self-flowing daily output exceeding 1,000 barrels[29]. - The company is advancing the construction of the octagonal gas field processing plant and compression station, with land leveling and equipment assembly completed[29]. Investment and Projects - The lithium hydroxide project (Phase I) has signed an investment agreement for 20,000 tons and is currently undergoing land approval processes[30]. - The average price index for Platts 62% iron ore was $103.30 per ton, a decrease of 36.60% year-on-year[25]. - The average spot price of Brent crude oil was $100.7 per barrel, an increase of 37.0% year-on-year[28]. - Roc Oil Company Pty Limited reported oil and gas production of 1.1562 million barrels of oil equivalent, a decrease of 11.70% year-on-year[28].