中色股份(000758) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥1,574,284,882.09, representing a decline of 37.90% year-on-year[8] - Net profit attributable to shareholders was a loss of ¥31,241,527.54, an increase in loss of 83.77% compared to the same period last year[8] - Basic earnings per share were -0.0158, reflecting an increase in loss of 83.83% year-on-year[8] - Operating revenue decreased by 44.76% year-on-year, influenced by market conditions and fluctuations in non-ferrous metal prices[17] - The total operating revenue for the first three quarters was CNY 4,789,212,822.48, a decrease of 44.1% compared to CNY 8,669,833,201.30 in the same period last year[53] - The net profit for the first three quarters was CNY 184,507,838.04, compared to a net profit of CNY 37,200,786.02 in the previous year, indicating a significant improvement[53] - The company reported a total operating cost of CNY 4,774,786,566.63 for the first three quarters, down from CNY 8,420,072,967.28 in the previous year, indicating improved cost management[53] Cash Flow - The net cash flow from operating activities was ¥884,360,872.12, a significant increase of 616.82% compared to the previous year[8] - Net cash flow from operating activities decreased by 84.82% year-on-year, mainly due to a significant decrease in cash receipts from engineering contracting business[17] - The cash flow from operating activities for the current period is ¥93,545,993.56, a decrease of 85% from ¥616,231,643.99 in the previous period[57] - The net cash flow from operating activities for the current period was -523,594,323.74 CNY, an improvement from -757,941,358.43 CNY in the previous period[19] - The company reported a total cash inflow from operating activities of 1,851,578,803.34 CNY, down from 2,660,370,531.80 CNY year-over-year[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥23,982,572,784.94, a decrease of 5.85% compared to the previous year[8] - The company's current assets totaled CNY 12,805,469,062.96, down from CNY 14,181,500,145.89 at the end of 2019, reflecting a decrease of approximately 9.7%[40] - The company's total liabilities decreased to CNY 15,322,228,537.95 from CNY 16,773,812,773.29, indicating a decline of about 8.7%[42] - Total liabilities amounted to CNY 16,773,812,773.29 as of January 1, 2020, unchanged from December 31, 2019[68] - Current liabilities totaled CNY 13,219,717,926.42 as of January 1, 2020, remaining the same as December 31, 2019[68] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 114,147[11] - The largest shareholder, China Nonferrous Metal Mining Group Co., Ltd., held 33.75% of the shares[11] Research and Development - R&D expenses increased by 416.54% year-on-year, mainly due to increased R&D investment by the subsidiary Zhongse Mining[17] - Research and development expenses for the first three quarters were CNY 25,561,968.00, significantly higher than CNY 4,948,736.57 in the same period last year, reflecting increased investment in innovation[53] Investment Income - Non-operating income included a gain from the disposal of non-current assets amounting to ¥116,097,176.84[8] - Investment income increased by 39.69% year-on-year, primarily from gains generated by the disposal of part of the equity in Shengda Resources by the subsidiary Hongye Investment[17] - The investment income for the current period is ¥104,305,502.25, down from ¥211,517,094.40 in the previous period[55] Government Subsidies - The company received government subsidies totaling ¥20,722,335.89 during the reporting period[8] Other Financial Metrics - The weighted average return on net assets was -0.36%, a decrease of 3.33% compared to the previous year[8] - The company reported a financial expense of CNY 221,155,637.84 for the first three quarters, an increase from CNY 154,238,013.10 in the previous year[53] - The company experienced a significant reduction in sales expenses, which were CNY 100,411,175.83 compared to CNY 162,564,514.52 in the previous year[53]