北方铜业(000737) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,330,082,800.35, a decrease of 9.78% compared to the same period last year[8]. - Net profit attributable to shareholders for Q3 2022 was ¥56,292,297.59, down 61.67% year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥56,988,958.39, an increase of 822.44% compared to the same period last year[8]. - The company reported a net profit increased by 392.80% to ¥727,166,663.69 compared to the same period last year, primarily due to increased profitability[15]. - Net profit for the quarter was ¥579,607,941.68, a decrease of 13.14% from ¥667,019,234.35 in the previous year[34]. - The total comprehensive income for the period was approximately CNY 579.61 million, a decrease from CNY 669.70 million in the previous period, representing a decline of about 13.5%[38]. - Basic and diluted earnings per share were both CNY 0.3270, down from CNY 0.3945 in the previous period, indicating a decrease of approximately 17%[38]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,325,473,189.51, an increase of 353.82% year-on-year[8]. - Operating cash flow net amount reached ¥1,325,473,189.51, a significant increase of 353.82% year-on-year, driven by reduced product inventory and increased sales collections[15]. - Cash flow from operating activities generated a net amount of CNY 1.33 billion, significantly up from CNY 292.07 million in the previous period, marking an increase of over 355%[39]. - Cash inflow from operating activities totaled CNY 9.46 billion, compared to CNY 8.63 billion in the previous period, reflecting an increase of about 9.6%[39]. - Cash outflow from operating activities was CNY 8.13 billion, slightly down from CNY 8.33 billion in the previous period, showing a decrease of approximately 2.4%[39]. - The company's cash flow from investment activities was negative at ¥-191,464,669.85, a decrease of 253.11% year-on-year due to cash impacts from investment recoveries and subsidiary disposals in the previous year[15]. - Cash flow from investing activities resulted in a net outflow of CNY 191.46 million, compared to a net inflow of CNY 125.05 million in the previous period[42]. - Cash flow from financing activities showed a net outflow of CNY 940.64 million, an improvement from a net outflow of CNY 1.38 billion in the previous period[42]. - The ending balance of cash and cash equivalents was CNY 841.64 million, up from CNY 522.52 million in the previous period, indicating an increase of approximately 60.9%[42]. - The company received CNY 2.25 billion in cash from borrowings, an increase from CNY 2.02 billion in the previous period, representing a growth of about 11.2%[42]. - The company reported a cash inflow of CNY 3.44 million from tax refunds, compared to CNY 1.67 million in the previous period, reflecting an increase of approximately 106.4%[39]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,299,826,018.49, a decrease of 1.30% from the end of the previous year[8]. - The company's total assets decreased to ¥8,191,648,355.97 from ¥8,299,826,018.49, a decline of 1.30%[31]. - Total liabilities decreased to ¥3,856,173,803.04 from ¥4,504,397,562.79, representing a reduction of 14.36%[31]. - The equity attributable to shareholders increased to ¥4,335,474,552.93 from ¥3,795,428,455.70, marking an increase of 14.25%[31]. Borrowings and Debt - The company's short-term borrowings decreased by 91.23% to ¥70,810,207.42 as a result of repaying bank loans[12]. - Long-term borrowings rose by 55.06% to ¥1,931,600,000.00, reflecting an optimization of the debt structure[15]. - Long-term borrowings rose to ¥1,931,600,000.00 from ¥1,245,700,000.00, an increase of 55.00%[31]. Expenses - Sales expenses decreased by 78.27% to ¥25,151,396.50, mainly due to the divestment of the chemical business[15]. - The company reported a 31.34% reduction in financial expenses to ¥107,969,362.50, attributed to the divestment of the chemical business[15]. - Research and development expenses for the quarter were ¥1,161,973.52, significantly lower than ¥4,463,068.79 in the same period last year, indicating a decrease of 74.00%[32]. - The company reported a decrease in sales expenses to ¥25,151,396.50 from ¥115,739,134.95, a reduction of 78.32% year-over-year[32]. Other Financial Metrics - Contract liabilities increased by 504.23% to ¥59,162,189.57, indicating a rise in customer prepayments[12]. - Deferred income increased by 48.84% to ¥7,043,721.76, mainly due to an increase in government grants[15]. - The company received government subsidies amounting to ¥66,627.47 during the reporting period[11]. - The total number of ordinary shareholders at the end of the reporting period was 36,786[16]. - The largest shareholder, Zhongtiaoshan Nonferrous Metals Group Co., Ltd., holds 46.83% of the shares, totaling 829,972,894 shares[16]. - Deferred tax assets increased to ¥37,674,661.97 from ¥20,700,365.71, reflecting an increase of 81.92%[30]. Future Outlook - The company plans to continue focusing on market opportunities and optimizing its product offerings to enhance profitability in the future[15].