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西藏矿业(000762) - 2021 Q3 - 季度财报
TMDTMD(SZ:000762)2021-10-28 16:00

Financial Performance - Revenue for the third quarter reached ¥210,334,538.80, an increase of 79.44% compared to the same period last year[3] - Net profit attributable to shareholders was ¥85,370,395.26, reflecting a significant increase of 968.69% year-over-year[3] - The net profit after deducting non-recurring gains and losses was ¥84,912,728.57, up 987.35% from the previous year[3] - The basic earnings per share were ¥0.1639, an increase of 967.20% year-over-year[3] - The company reported a 68.66% increase in revenue year-over-year, driven by rising prices of lithium salt products and increased sales efforts[7] - Investment income surged by 5050.35% year-over-year, primarily due to returns from Huabao Trust financial products[7] - The company experienced a 318.58% increase in taxes and surcharges, correlating with the increased sales volume[7] - Total operating revenue for Q3 2021 reached CNY 436,733,914.75, a significant increase from CNY 258,943,315.24 in the same period last year, representing a growth of approximately 68.6%[18] - The company's net loss narrowed to CNY -20,898,211.56 from CNY -148,782,861.95, showing an improvement in financial performance[17] - The net profit for the third quarter of 2021 was CNY 153,901,126.57, a significant recovery from a net loss of CNY 57,226,418.38 in the same period last year, representing a turnaround of over 368%[19] - The total profit for the quarter was CNY 153,905,469.87, compared to a total loss of CNY -57,212,820.46 in the same quarter of the previous year, marking a substantial improvement[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,909,473,672.48, representing a growth of 6.82% from the end of the previous year[5] - The total assets of the company increased to CNY 2,909,473,672.48 from CNY 2,723,615,043.59, marking a growth of about 6.8%[16] - The total liabilities rose to CNY 342,917,749.14 from CNY 310,942,980.09, which is an increase of approximately 10.3%[17] - Non-current assets totaled CNY 1,352,097,016.06, a slight decrease from CNY 1,378,750,957.08 year-over-year, reflecting a decline of about 1.9%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 141,729[10] - The largest shareholder, Tibet Mining Asset Management Co., Ltd., holds 19.93% of shares, totaling 103,799,275 shares, with 41,640,000 shares pledged[10] - Tibet Canghua Industrial Co., Ltd. holds 2.34% of shares, totaling 12,188,713 shares, with 3,000,000 shares pledged[10] - Citic Lyon Asset Management Co., Ltd. holds 1.55% of shares, totaling 8,077,053 shares[10] Cash Flow and Expenses - Cash flow from operating activities for the year-to-date increased by 495.01%, totaling ¥272,130,167.12[3] - The company's cash and cash equivalents increased to CNY 1,261,967,045.86 as of September 30, 2021, compared to CNY 1,007,037,608.21 at the end of 2020, reflecting a growth of approximately 25.2%[15] - Accounts receivable decreased significantly to CNY 428,969.17 from CNY 17,974,141.98, indicating a reduction of about 97.6%[15] - Inventory levels decreased to CNY 135,182,023.50 from CNY 253,502,540.24, a decline of approximately 46.7%[15] - The company incurred financial expenses of CNY -9,937,265.39, which included interest expenses of CNY 1,468,530.36, showing a decrease in financial costs compared to the previous year[19] - The investment activities resulted in a net cash outflow of CNY -14,024,583.72, contrasting with a net inflow of CNY 71,521,303.21 in the same period last year[24] Future Plans and Corporate Governance - The company plans to utilize raised funds for the comprehensive development of the Zabuye lithium project, which is expected to produce 10,000 tons of battery-grade lithium carbonate[14] - The company disclosed a performance forecast on July 15, 2021, indicating expected growth in revenue[14] - The board approved the signing of performance responsibility agreements on August 16, 2021, to enhance operational accountability[14] - The company is actively engaging in investor relations activities, with records of multiple meetings held in August and September 2021[14] - The company has pledged part of its shares, with significant portions held by major shareholders, indicating a focus on maintaining liquidity[14] Research and Development - Research and development expenses amounted to CNY 581,900.86, reflecting the company's commitment to innovation and product development[19] Audit and Compliance - The third quarter report has not been audited[26] - The company does not require adjustments to the beginning balance sheet items due to the new leasing standards, as it only applies to short-term leases of one year[25]