本钢板B(200761) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥12,824,043,663.20, a decrease of 43.85% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2022 was -¥819,660,438.85, representing a decline of 152.25% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥850,929,263.53, down 154.38% from the previous year[6] - The basic earnings per share for Q3 2022 was -¥0.20, a decrease of 152.50% compared to the same period last year[6] - The weighted average return on equity was -3.66%, a decline of 10.49% year-on-year[6] - The net profit for the current period is -240,290,731.25 CNY, compared to a net profit of 3,805,998,903.66 CNY in the previous period, indicating a significant decline[34] - The total profit for the current period is -184,973,896.70 CNY, down from 5,089,380,177.94 CNY in the previous period[34] - Operating profit for the current period is -219,112,545.89 CNY, compared to an operating profit of 5,119,906,601.15 CNY in the previous period[34] - The company reported sales revenue of 40,169,941,759.91 CNY for the current period, a decrease from 41,226,627,487.11 CNY in the previous period[35] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥45,324,375,117.98, a decrease of 17.81% compared to the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2022 was ¥19,823,210,039.40, down 11.90% from the end of the previous year[6] - Current assets decreased to ¥14,884,456,042.78 from ¥24,264,586,308.60, representing a decline of approximately 38.5%[24] - Total liabilities decreased to ¥24,922,192,237.85 from ¥32,080,713,259.27, a reduction of about 22.3%[27] - Non-current assets totaled ¥30,439,919,075.20, slightly down from ¥30,882,536,966.70, indicating a decrease of around 1.4%[24] - The company's equity attributable to shareholders decreased to ¥19,823,210,039.40 from ¥22,500,969,014.30, a drop of approximately 11.9%[27] - Short-term borrowings decreased significantly to ¥1,220,000,000.00 from ¥4,053,088,140.00, a reduction of about 69.9%[27] Cash Flow - The cash flow from operating activities for the year-to-date was ¥1,632,616,396.48, an increase of 5.75% year-on-year[6] - The net cash flow from operating activities was 1,632,616,396.48, an increase from 1,543,820,687.38 in the previous period, reflecting a growth of approximately 5.8%[38] - The total cash outflow from operating activities amounted to 39,144,923,631.19, slightly down from 39,902,398,001.36, indicating a decrease of about 1.9%[38] - The net cash flow from investing activities was -1,077,173,316.90, an improvement compared to -1,889,961,333.32 in the previous period, showing a reduction in losses by approximately 43%[38] - Cash inflow from financing activities totaled 4,462,445,446.89, up from 3,701,853,120.80, representing an increase of around 20.5%[38] - The cash outflow for debt repayment was 4,979,670,280.11, down from 5,980,272,540.16, indicating a decrease of about 16.7%[38] - The net increase in cash and cash equivalents was -2,893,474,001.09, an improvement from -3,515,506,836.19 in the previous period, reflecting a reduction in cash depletion by approximately 17.7%[38] - The ending balance of cash and cash equivalents was 3,405,625,062.39, down from 5,713,910,758.93, indicating a decrease of about 40.3%[38] Shareholder Information - The total number of common shareholders at the end of the reporting period is 67,136[15] - The largest shareholder, Benxi Steel (Group) Co., Ltd., holds 58.65% of the shares, amounting to 1,102,000,000 shares[15] - The top ten shareholders hold a total of 2,409,628,094 shares of unrestricted shares[15] Operational Changes - The company has integrated its sales subsidiaries to improve management efficiency, resulting in the cancellation of three subsidiaries[20] - The company reported a significant increase of 1619% in long-term equity investments due to the loss of control over a subsidiary[11] - The company plans to transfer 100% equity of Benxi Steel Plate Liao Yang Pellet Co., Ltd. for an assessed value of CNY 697.98 million[19] - The company’s controlling stake in Ben Steel Baojin (Shenyang) Automotive New Materials Technology Co., Ltd. decreased from 85% to 34% due to a capital increase by a joint venture partner[20] Cost Management - The company reported a net profit margin decline due to increased costs and reduced revenue, impacting overall profitability[28] - The company is focusing on cost control and efficiency improvements to navigate the challenging market conditions ahead[28] - Total operating costs amounted to ¥48,043,828,713.94, down from ¥56,367,721,090.19, reflecting a reduction of about 14.5%[28] Expenses - The financial expenses for the current period are 410,126,779.02 CNY, down from 530,068,968.65 CNY in the previous period[34] - Research and development expenses are 35,723,194.18 CNY, slightly down from 36,192,795.55 CNY in the previous period[34] - The company recorded interest income of 72,109,657.55 CNY, a decrease from 297,771,911.33 CNY in the previous period[34] - The company reported a decrease in tax expenses to 55,316,834.55 CNY from 1,283,381,274.28 CNY in the previous period[34] Employee Compensation - The company paid 2,012,789,824.91 in employee compensation, an increase from 1,636,542,380.28, reflecting a growth of approximately 23%[38]