河钢资源(000923) - 2022 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2022 was ¥956,624,860.76, a decrease of 38.98% compared to the same period last year[6] - Net profit attributable to shareholders was -¥23,189,509.58, a decline of 107.68% year-on-year[6] - Revenue decreased by 35.03% year-on-year, mainly due to the sharp decline in iron ore prices[14] - Net profit attributable to shareholders decreased by 69.06% year-on-year, driven by reduced profitability from iron ore[14] - The company reported a basic earnings per share of -¥0.0355, a decrease of 107.68% compared to the same period last year[6] - The net profit for the current period is approximately ¥537.53 million, a decrease from ¥2.06 billion in the previous period, representing a decline of about 73.9%[28] - The total revenue from operating activities is approximately ¥5.36 billion, down from ¥7.01 billion, indicating a decrease of about 23.4% year-over-year[31] - The operating profit for the current period is approximately ¥765.36 million, significantly lower than ¥2.83 billion in the previous period, reflecting a decline of about 73%[28] - The company reported a total comprehensive income of approximately ¥650.99 million, compared to ¥1.35 billion in the previous period, indicating a decline of about 52%[30] - Basic and diluted earnings per share for the current period are both ¥0.6331, down from ¥2.046 in the previous period, reflecting a decrease of approximately 69%[30] Cash Flow and Financial Position - Operating cash flow for the year-to-date was ¥1,407,273,869.63, down 51.12% compared to the previous year[6] - The cash flow from operating activities shows a net inflow of approximately ¥1.41 billion, down from ¥2.88 billion, a decrease of about 51%[34] - The cash and cash equivalents as of September 30, 2022, amounted to RMB 5,419,011,218.98, an increase from RMB 4,873,009,337.10 at the beginning of the year, reflecting a growth of approximately 11.2%[18] - The cash and cash equivalents at the end of the period amount to approximately ¥5.42 billion, an increase from ¥5.24 billion in the previous period[34] - The company incurred financial expenses of approximately ¥106.95 million, compared to ¥4.70 million in the previous period, indicating a significant increase[28] - The company paid approximately ¥294.84 million in financing activities, a decrease from ¥413.52 million in the previous period, reflecting a reduction of about 28.6%[34] - The company reported a tax expense of approximately ¥223.12 million, down from ¥771.70 million in the previous period, indicating a decrease of about 71%[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,641,334,063.24, an increase of 4.72% from the end of the previous year[6] - The total assets as of September 30, 2022, were RMB 14,641,334,063.24, up from RMB 13,980,910,079.39 at the beginning of the year, representing a growth of about 4.7%[24] - The total liabilities increased to RMB 3,541,690,800.05 from RMB 3,237,244,837.37, indicating an increase of approximately 9.4%[24] - Shareholders' equity attributable to the parent company was ¥8,395,739,532.89, up 4.35% from the previous year[6] - The equity attributable to the owners of the parent company rose to RMB 8,395,739,532.90 from RMB 8,045,480,771.78, reflecting an increase of about 4.4%[24] Operational Metrics - The total operating revenue for the third quarter of 2022 was RMB 3,754,871,541.05, a decrease from RMB 5,779,161,583.36 in the same period last year, representing a decline of approximately 35.0%[25] - The total operating costs for the third quarter of 2022 were RMB 2,967,868,713.83, slightly down from RMB 3,016,393,089.01 in the previous year, indicating a decrease of about 1.6%[25] - The company reported a net profit margin decline due to increased sales expenses, which were RMB 1,192,773,753.79 compared to RMB 1,204,384,316.18 in the previous year, a decrease of about 1.0%[25] - Accounts receivable decreased by 70.40% year-to-date, primarily due to a significant drop in iron ore prices[14] - Accounts receivable decreased significantly to RMB 232,541,917.95 from RMB 785,648,294.86 at the beginning of the year, showing a reduction of about 70.4%[18] - Inventory levels increased to RMB 610,706,693.37 from RMB 458,652,345.57, marking an increase of approximately 33.1%[18] Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[20] - Other current assets increased by 503.32% year-to-date, mainly due to increased prepaid taxes by a subsidiary[14]