鞍钢股份(000898) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached RMB 35,986 million, an increase of 35.69% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 2,306 million, representing a significant increase of 179.52% year-on-year[4] - The net profit after deducting non-recurring gains and losses was RMB 2,305 million, up 181.44% from the previous year[4] - Total operating revenue for the nine months ended September 30, 2021, was RMB 108,537 million, a significant increase from RMB 71,171 million in the same period of 2020, representing a growth of 52.5%[18] - Net profit for the nine months ended September 30, 2021, reached RMB 7,513 million, compared to RMB 1,335 million in the same period of 2020, marking a year-over-year increase of 463.5%[18] - Operating profit for the nine months ended September 30, 2021, was RMB 9,725 million, up from RMB 1,733 million in the same period of 2020, reflecting a growth of 460.5%[18] - The total comprehensive income for the nine months ended September 30, 2021, was RMB 7,526 million, compared to RMB 1,348 million in the same period of 2020, reflecting a growth of 458.5%[18] - The basic earnings per share for the nine months ended September 30, 2021, was RMB 0.796, compared to RMB 0.141 in the same period of 2020, an increase of 463.1%[18] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 92,344 million, reflecting a growth of 4.88% compared to the end of the previous year[5] - Current assets totaled RMB 27,854 million, up from RMB 23,016 million year-over-year[16] - The company's inventory increased to RMB 12,776 million from RMB 10,618 million in the previous year, reflecting a growth of approximately 20.3%[16] - Total liabilities decreased to RMB 31,658 million from RMB 34,188 million, indicating a reduction of about 7.1%[17] - The cash and cash equivalents stood at RMB 5,326 million, slightly down from RMB 5,329 million year-over-year[16] - Cash and cash equivalents at the end of the period were RMB 5,326 million, slightly down from RMB 5,715 million at the end of the same period in 2020[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 116,646, with the largest shareholder, Anshan Iron and Steel Group Co., Ltd., holding 5,016,111,529 shares, representing 53.33% of the total[12] - The company's equity attributable to shareholders increased to RMB 60,168 million, marking a 12.75% rise from the previous year[5] - The company's equity attributable to shareholders rose to RMB 60,168 million, compared to RMB 53,365 million at the end of 2020, marking an increase of approximately 12.5%[17] Cash Flow and Expenses - The company reported a net cash flow from operating activities of RMB 10,122 million, an increase of 66.29% year-on-year[4] - Cash flow from operating activities for the nine months ended September 30, 2021, was RMB 10,122 million, an increase from RMB 6,087 million in the same period of 2020, representing a growth of 66.5%[19] - Financial expenses decreased by RMB 224 million, primarily due to a reduction in average financing scale and lower bank interest expenses[8] - The company reported a decrease in financial expenses to RMB 431 million for the nine months ended September 30, 2021, down from RMB 655 million in the same period of 2020, a reduction of 34.3%[18] Research and Development - Research and development expenses increased by RMB 162 million, indicating a greater investment in innovation[8] - Research and development expenses increased to RMB 401 million for the nine months ended September 30, 2021, compared to RMB 239 million in the same period of 2020, indicating a rise of 67.8%[18] - The company has not disclosed any new product or technology developments in the current report[15] Operational Challenges - There is an ongoing investigation involving the company's vice president, which may impact future operations[13]