SHENHUO COAL&POWER(000933)2023-10-23 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥9,520,298,244.93, a decrease of 9.22% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥1,363,359,271.66, representing a 3.14% increase year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥1,305,824,507.22, down 10.42% from the previous year[6]. - The basic earnings per share for the period was ¥0.611, an increase of 3.21% compared to the same period last year[6]. - The weighted average return on equity decreased to 7.84%, down 1.73 percentage points from the previous year[6]. - The net profit for the third quarter of 2023 was approximately CNY 4.79 billion, a decrease of 30.41% compared to CNY 6.88 billion in the same period last year[12]. - The total comprehensive income attributable to shareholders decreased by 30.62% to CNY 4.10 billion from CNY 5.91 billion[12]. - Basic earnings per share (EPS) for the quarter were CNY 1.830, compared to CNY 2.620 in the previous year, reflecting a decline of about 30%[27]. Assets and Liabilities - Total assets at the end of the period were ¥60,635,672,311.65, a slight increase of 0.23% compared to the end of the previous year[6]. - Shareholders' equity attributable to the parent company increased by 11.13% to ¥17,850,300,027.83 compared to the end of the previous year[6]. - The company's total assets as of September 30, 2023, amounted to CNY 60.64 billion, slightly up from CNY 60.50 billion at the beginning of the year[24]. - Current assets increased to CNY 24.08 billion from CNY 23.64 billion, reflecting a growth of 1.8%[24]. - Current liabilities decreased to CNY 32.73 billion, down 5.6% from CNY 34.69 billion year-on-year[24]. - Long-term borrowings rose to CNY 4.17 billion, an increase of 29.5% compared to CNY 3.22 billion in the previous year[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥7,042,015,522.30, a decrease of 23.97% compared to the previous year[6]. - The company's cash flow from investment activities showed a net outflow of CNY 412.53 million, a decline of 260.47% compared to a net inflow of CNY 257.08 million in the previous year[13]. - The net cash flow from operating activities was CNY 7.04 billion, down from CNY 9.26 billion year-over-year, indicating a decrease of approximately 24%[30]. - The company reported a net cash outflow from financing activities of CNY 7.24 billion, compared to a net outflow of CNY 9.28 billion in the same period last year, showing an improvement of about 22%[30]. Expenses and Investments - Research and development expenses increased significantly by 366.80% to CNY 587 million from CNY 126 million year-on-year[12]. - The company's sales expenses rose by 37.49% to CNY 294 million, attributed to increased transportation and handling costs[12]. - The investment income surged to CNY 209.68 million, a significant increase of 1,744.56% from CNY 11.37 million in the previous year[12]. - The company reported an investment income of CNY 210 million, compared to CNY 11 million in the previous year, showing improved performance in investments[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 59,037[15]. - The largest shareholder, Henan Shenhuo Group Co., Ltd., holds 21.42% of shares, totaling 482,103,191 shares[16]. - The company plans to spin off its subsidiary, Shenlong Baoding New Materials Co., Ltd., for listing on domestic stock exchanges[18]. Other Information - The company has made strategic prepayments for alumina procurement, resulting in a 68.76% increase in prepayments[11]. - The company experienced a decrease in other comprehensive income, with a total of CNY -3.02 million compared to CNY 52.49 million in the previous year[27]. - The company has not undergone an audit for the third quarter report[35].