寒锐钴业(300618) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥100,118,725.86, representing a growth of 176.35% year-on-year[9]. - Operating revenue for the period was ¥616,710,148.76, up 91.92% compared to the same period last year[9]. - The net cash flow from operating activities was ¥70,046,397.36, an increase of 170.33% year-on-year[9]. - Basic earnings per share increased to ¥0.34, reflecting a growth of 161.54% compared to the same period last year[9]. - The weighted average return on net assets was 5.26%, up from 3.11% in the previous year[9]. - The company reported a total net profit of ¥162,089,811.27 for the year-to-date, which is a 502.22% increase compared to the same period last year[9]. - The company reported a net profit of ¥1,105,698,002.79, compared to ¥947,866,256.78, indicating a growth of around 16.6%[52]. - The net profit for the current period is ¥161,923,726.47, a significant recovery from a net loss of ¥40,563,404.61 in the previous period[79]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,584,326,484.25, an increase of 59.45% compared to the end of the previous year[9]. - The company's fixed assets increased by 94.67% from CNY 41,182.35 million at the beginning of the year to CNY 80,169.27 million by September 30, 2020, primarily due to the addition of 20,000 tons from Congo's Kolwezi[24]. - Intangible assets rose by 52.54%, from CNY 3,439.71 million to CNY 5,246.98 million, attributed to the commissioning of the electrolytic copper project[24]. - Cash and cash equivalents increased by 46.30%, from CNY 27,431.64 million to CNY 40,133.78 million, mainly due to increased sales receipts and public stock issuance[24]. - The company's total liabilities increased significantly, with accounts payable rising by 261.62% from CNY 5,401.09 million to CNY 19,531.40 million, reflecting increased procurement by subsidiaries[24]. - Total liabilities amounted to ¥1,801,637,278.56, up from ¥1,725,334,630.72, which is an increase of around 4.4%[49]. - Current liabilities rose to ¥1,256,460,173.67 from ¥1,167,531,312.44, indicating an increase of approximately 7.6%[49]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,135[13]. - The top shareholder, Liang Jie, holds 18.98% of the shares, totaling 57,489,952 shares[13]. Cash Flow - The company experienced a 701.73% increase in net cash flow from financing activities, totaling CNY 177,992.85 million, primarily due to a private placement of shares[29]. - Cash flow from operating activities increased to ¥414,522,336.46, compared to ¥174,703,360.33 in the previous period, reflecting a significant improvement[93]. - Cash flow from investing activities showed a net outflow of ¥2,088,808,913.43, worsening from a net outflow of ¥343,049,559.68 in the previous period[96]. Operating Costs and Revenue - Total operating costs amounted to ¥508,437,893.06, up from ¥317,682,873.14, indicating a rise of about 60%[62]. - Total operating revenue for the current period reached ¥616,710,148.76, a significant increase from ¥321,344,131.56 in the previous period, representing a growth of approximately 92%[59]. - Total operating revenue increased by 32.89% year-on-year to CNY 165,248.05 million, driven by higher sales of electrolytic copper[29]. Tax and Expenses - The company’s income tax expense increased by 261.56% year-on-year to CNY 3,720.53 million, reflecting higher profitability[29]. - The company reported a significant increase in non-operating expenses, up 355.04% year-on-year to CNY 184.78 million, due to increased donations and late fees[29]. - The tax expense for the current period is ¥37,205,261.39, compared to a tax benefit of ¥23,028,952.74 in the previous period[79]. Investments and Other Income - Other income rose by 111.30% year-on-year to CNY 458.54 million, mainly due to increased government subsidies[29]. - The company reported a fair value change gain of ¥19,057,317.29, compared to a gain of ¥127,817.59 in the previous period[79].