鞍钢股份(000898) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was RMB 30,556 million, a decrease of 14.64% compared to RMB 35,796 million in the same period last year[4]. - The net profit attributable to shareholders was a loss of RMB 1,523 million, representing a decline of 165.45% from a profit of RMB 2,327 million in the previous year[4]. - The basic earnings per share were RMB -0.161, down 165.18% from RMB 0.247 in the same period last year[5]. - Total operating revenue for the first nine months of 2022 was RMB 100,850 million, a decrease of 6.1% compared to RMB 108,103 million in the same period of 2021[19]. - Net profit for the first nine months of 2022 was RMB 214 million, a significant decline of 97.2% from RMB 7,561 million in the same period of 2021[19]. - The company reported a basic earnings per share of RMB 0.021 for the first nine months of 2022, down from RMB 0.801 in the same period of 2021[19]. - Operating profit for the first nine months of 2022 was RMB (54) million, compared to RMB 8,641 million in the same period of 2021, indicating a significant decline[24]. - Net profit attributable to the parent company for the first nine months of 2022 was RMB 348 million, down from RMB 6,951 million in the same period of 2021, reflecting a decrease of 94.9%[24]. Cash Flow and Assets - The company reported a net cash flow from operating activities of RMB 6,198 million, a decrease of 39.25% compared to the previous year[5]. - The net cash flow from operating activities decreased by RMB 4,005 million year-on-year, mainly due to a decrease in cash received from sales of goods and services by RMB 5,333 million[10]. - Cash flow from operating activities generated RMB 6,198 million, down 39.3% compared to RMB 10,203 million in the first nine months of 2021[20]. - Cash and cash equivalents at the end of the reporting period were RMB 6,162 million, an increase from RMB 5,354 million at the end of 2021[20]. - Cash and cash equivalents at the end of September 2022 were RMB 3,463 million, up from RMB 2,839 million at the end of 2021[26]. - Operating cash flow for the first nine months of 2022 was RMB 4,347 million, down from RMB 8,725 million in the same period of 2021, indicating a decline of 50.2%[26]. - The total assets at the end of the reporting period were RMB 94,743 million, a decrease of 3.96% from the previous year[5]. - The total assets as of September 30, 2022, amounted to RMB 94,743 million, a decrease from RMB 98,652 million at the end of 2021[16]. - Total assets as of September 30, 2022, were RMB 89,407 million, slightly down from RMB 90,706 million at the end of 2021[22]. Liabilities and Equity - The current portion of non-current liabilities at the end of the reporting period increased by RMB 4,865 million, attributed to long-term borrowings and bonds payable maturing within one year[10]. - The taxes payable at the end of the reporting period increased by RMB 1,190 million compared to the end of the previous year, primarily due to an increase in value-added tax payable[10]. - The long-term borrowings at the end of the reporting period decreased by RMB 3,050 million compared to the end of the previous year[10]. - Total liabilities decreased to RMB 35,951 million as of September 30, 2022, down from RMB 37,415 million at the end of 2021[18]. - The company's total equity as of September 30, 2022, was RMB 58,792 million, a decrease from RMB 61,237 million at the end of 2021[18]. - The company’s total equity attributable to shareholders was RMB 55,415 million as of September 30, 2022, down from RMB 56,748 million at the end of 2021[23]. - Total liabilities as of September 30, 2022, were RMB 33,992 million, compared to RMB 33,958 million at the end of 2021, showing a marginal increase[23]. Research and Development - Research and development expenses increased by RMB 164 million year-to-date, primarily due to higher costs associated with new product trials[8]. - Research and development expenses increased to RMB 565 million, up 40.9% from RMB 401 million in the same period of 2021[19]. - Research and development expenses for the first nine months of 2022 were RMB 557 million, an increase from RMB 369 million in the same period of 2021[24]. Inventory and Costs - The company experienced a significant increase in raw material prices, impacting operational costs and profit margins[9]. - The company reported a decrease in inventory from RMB 14,561 million at the end of 2021 to RMB 9,015 million as of September 30, 2022, a reduction of 38.5%[22]. - The company's inventory decreased by RMB 6,705 million year-to-date, reflecting efforts to accelerate capital turnover[9]. - Total operating costs increased to RMB 101,614 million, up 2.9% from RMB 98,762 million year-over-year[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 122,862, including 454 H-share holders[12]. - The largest shareholder, Anshan Iron and Steel Group Co., Ltd., holds 53.35% of the shares, totaling 5,016,111,529 shares[12]. Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[19].