北方铜业(000737) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥244,144,841.57, a decrease of 16.45% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was -¥7,837,609.66, representing a decline of 239.80% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,888,436.61, a decrease of 274.31% compared to the previous year[3]. - Total operating revenue for the current period is ¥801,065,009.54, a decrease from ¥832,096,831.04 in the previous period, representing a decline of approximately 3.7%[19]. - Net profit for the current period is ¥1,843,648.26, significantly lower than ¥99,918,287.05 in the previous period, indicating a decline of approximately 98.2%[20]. - The total comprehensive income for the current period is ¥4,524,298.26, compared to ¥99,918,287.05 in the previous period, reflecting a significant decline of approximately 95.5%[21]. - The basic and diluted earnings per share for the current period are both ¥0.0037, down from ¥0.1812 in the previous period, indicating a decrease of approximately 98.0%[21]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥22,873,358.92, an increase of 286.49% year-on-year[7]. - The company reported a net cash flow from operating activities of ¥22,873,358.92, compared to a negative cash flow of ¥12,265,232.61 in the previous period[25]. - The cash flow from financing activities totaled 554,509,013.22 CNY, a decrease of 39.4% compared to 914,586,495.95 CNY in the previous period[26]. - The net cash flow from financing activities was -7,509,013.22 CNY, improving from -389,036,495.95 CNY year-over-year[26]. - The cash and cash equivalents at the end of the period amounted to 95,233,543.09 CNY, an increase from 90,165,756.50 CNY in the previous year[26]. - The company reported a net increase in cash and cash equivalents of 8,543,399.50 CNY, contrasting with a decrease of 35,139,871.29 CNY in the same period last year[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,182,377,515.22, down 5.86% from the end of the previous year[3]. - As of September 30, 2021, the total assets of the company amounted to RMB 1,182,377,515.22, a decrease from RMB 1,255,923,327.61 at the end of 2020, reflecting a decline of approximately 5.8%[13][16]. - The company's current assets totaled RMB 473,931,411.73, down from RMB 560,360,070.54, indicating a decrease of about 15.4% year-over-year[14]. - Total liabilities decreased to RMB 665,340,587.11 from RMB 743,410,697.75, reflecting a reduction of approximately 10.5%[15]. - The total liabilities amounted to 743,410,697.75 CNY, down from 749,809,434.06 CNY in the previous period[33]. - The company's equity attributable to shareholders increased slightly to RMB 506,443,285.65 from RMB 501,746,775.35, showing a growth of about 0.5%[16]. - The company's equity attributable to shareholders was 501,746,775.35 CNY, remaining stable compared to the previous year[33]. Operational Changes and Strategic Focus - The company is undergoing a major asset restructuring, with conditional approval from the China Securities Regulatory Commission for the asset swap and capital raising activities[11]. - The company has been actively revising its asset restructuring reports in response to feedback from regulatory authorities, indicating ongoing efforts to enhance compliance and transparency[11]. - The company is focusing on expanding its market presence and enhancing its product offerings through strategic acquisitions and technological advancements[11]. Cost Management - Total operating costs for the current period are ¥792,992,256.57, down from ¥836,932,729.08 in the previous period, reflecting a decrease of about 5.2%[19]. - Research and development expenses decreased to ¥3,706,584.55 from ¥4,891,825.47, a reduction of approximately 24.2%[19]. - Financial expenses decreased significantly to ¥9,317,710.72 from ¥24,277,499.59, a decline of about 61.6%[19]. Other Financial Metrics - The company's basic earnings per share for Q3 2021 was -¥0.0143, a decrease of 240.20% compared to the same period last year[3]. - The weighted average return on equity was -1.52%, a decline of 2.77% year-on-year[3]. - Cash and cash equivalents decreased by 30.68% to ¥198,733,543.09 due to the maturity of bank acceptance bills[6]. - Short-term borrowings decreased by 83.35% to ¥58,000,000.00, primarily due to repayment of bank loans[6]. - The company reported a significant increase of 765.79% in other payables, totaling ¥328,195,048.24, mainly due to increased intercompany transactions[6]. Reporting and Compliance - The third quarter report was not audited, indicating that the figures presented are preliminary[35]. - The company has implemented new leasing standards starting January 1, 2021, affecting financial reporting[34].