河钢资源(000923) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 4,211,620,213.88, representing a 60.53% increase compared to CNY 2,623,509,420.86 in the same period last year[27]. - The net profit attributable to shareholders of the listed company reached CNY 1,033,716,190.63, a significant increase of 274.70% from CNY 275,879,059.43 in the previous year[27]. - The net cash flow from operating activities was CNY 1,932,030,390.41, up 162.89% from CNY 734,914,468.25 in the same period last year[27]. - Basic earnings per share increased to CNY 1.5837, reflecting a 274.40% rise compared to CNY 0.423 in the previous year[27]. - The company's operating revenue reached ¥4,211,620,213.88, a year-on-year increase of 60.53% due to rising iron ore prices[44]. - The net cash flow from operating activities was ¥1,932,030,390.41, reflecting a significant increase of 162.89% compared to the previous year[44]. - The company reported a significant increase in revenue from copper, which rose by 85.98% to ¥629,494,533.03, representing 14.95% of total revenue[48]. - The total comprehensive income attributable to the parent company was approximately ¥1.04 billion, compared to a loss of approximately ¥749.69 million in the previous period[174]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,261,331,861.26, a 13.65% increase from CNY 13,428,301,059.25 at the end of the previous year[27]. - The total assets at the end of the reporting period amounted to ¥15,247,000,000, with cash and cash equivalents increasing to ¥4,498,329,677.48, representing 29.48% of total assets[52]. - The total liabilities of the company were CNY 3.84 billion as of June 30, 2021, compared to CNY 3.58 billion at the end of 2020, which is an increase of about 7.4%[155]. - The equity attributable to shareholders of the parent company increased to CNY 8.47 billion from CNY 7.42 billion, representing a growth of approximately 14.1%[157]. - The company's current assets totaled CNY 6.92 billion as of June 30, 2021, compared to CNY 5.54 billion at the end of 2020, indicating a rise of about 24.9%[152]. Production and Sales - The company achieved an iron ore production of 4.406 million tons and sold a total of 3.563 million tons of iron ore during the reporting period, significantly contributing to the performance improvement[40]. - Copper ore production reached 2.948 million tons, with sales of 12,000 tons of copper products, indicating a recovery in profitability despite operational restrictions due to pandemic measures[40]. - Vermiculite production was stable, with a total output of 70,000 tons and sales of 83,400 tons, continuously generating profit for the company[40]. - The company plans to enhance production of iron ore, copper, and vermiculite in the second half of the year while ensuring safety and efficiency in operations[40]. Risk Management - The company has detailed the risks and countermeasures it may face in the management discussion and analysis section of the report[7]. - The company faces risks related to the pandemic, market fluctuations, exchange rates, logistics, and potential delays in the copper phase II project due to global pandemic impacts[72]. - The company has implemented comprehensive risk management strategies to mitigate identified risks, including financial tools to offset market and exchange rate risks[72]. Shareholder Information - The total number of shares after the recent changes is 652,728,961, with 3.81% being limited shares and 96.19% being unrestricted shares[122]. - The largest shareholder, Hebei Iron and Steel Group Co., Ltd., holds 155,410,632 shares, representing 23.81% of the total shares[125]. - The total number of shareholders at the end of the reporting period is 31,289, with no significant changes reported[125]. - The company has not implemented any share repurchase during the reporting period[125]. Compliance and Governance - The company has maintained compliance with environmental protection policies and has no production pollution issues since the divestment of its machinery segment in 2019[83]. - There were no major environmental issues or administrative penalties related to environmental protection during the reporting period[83]. - The company did not engage in any asset or equity acquisitions or sales during the reporting period[98].