Yulong Gold(SH:601028)2024-04-16 12:44Financial Performance - The company's operating revenue for Q3 2023 was ¥707,140,867.06, a decrease of 78.33% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥108,069,265.72, an increase of 242.44% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥108,569,289.75, up 260.30% from the previous year[6] - The basic earnings per share for Q3 2023 was ¥0.1380, reflecting a 242.43% increase compared to the same period last year[6] - Total operating revenue for the first three quarters of 2023 reached CNY 1,622,463,146.51, compared to CNY 8,244,554,361.47 in the same period of 2022, indicating a significant decrease[26] - Net profit for Q3 2023 was CNY 363,815,211.90, up from CNY 138,743,397.11 in Q3 2022, representing a year-over-year increase of approximately 162.5%[27] - The company reported a profit before tax of CNY 520,402,754.03 for Q3 2023, compared to CNY 172,717,552.43 in Q3 2022, indicating a substantial increase[27] Assets and Liabilities - Total assets at the end of Q3 2023 reached ¥8,997,372,678.28, representing a 51.92% increase from the end of the previous year[6] - The total assets as of Q3 2023 amounted to CNY 8,997,372,678.28, up from CNY 5,922,304,327.90 in Q3 2022, representing an increase of approximately 51.5%[26] - The total liabilities increased to CNY 5,799,407,331.80 in Q3 2023 from CNY 3,023,731,597.34 in Q3 2022, reflecting a growth of about 92.5%[26] - The equity attributable to shareholders at the end of Q3 2023 was ¥3,086,276,815.89, an increase of 10.74% year-on-year[6] - The total equity attributable to shareholders of the parent company rose to CNY 3,086,276,815.89 in Q3 2023, compared to CNY 2,787,026,936.84 in Q3 2022, marking an increase of approximately 10.8%[26] Cash Flow - The company reported a net cash flow from operating activities of ¥903,275,107.93 for Q3 2023, which is not applicable for year-on-year comparison[6] - The net cash flow from operating activities for Q3 2023 was approximately ¥990.34 million, a significant improvement compared to a negative cash flow of ¥580.94 million in the same period last year[31] - Total cash outflow from operating activities amounted to ¥5.18 billion, down from ¥7.20 billion year-over-year[31] - Cash inflow from financing activities reached ¥672.05 million, compared to ¥329.90 million in the previous year, indicating a 103.5% increase[32] - The net cash flow from financing activities was ¥135.56 million, a turnaround from a negative cash flow of ¥18.99 million in the same quarter last year[32] - The company experienced a net increase in cash and cash equivalents of ¥863.90 million, contrasting with a decrease of ¥1.02 billion in the same quarter last year[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 52,150[12] - The largest shareholder, Jinan High-tech Holding Group Co., Ltd., holds 230,070,000 shares, accounting for 29.38% of the total shares[14] - The company has repurchased a total of 501,000 shares, representing 0.064% of the total share capital, with a maximum purchase price of RMB 9.83 per share[16] - The company plans to repurchase shares with a total amount not less than RMB 50 million and not exceeding RMB 100 million within six months[15] Inventory and Receivables - The company reported a significant increase in inventory, which rose to RMB 954,138,019.42 from RMB 854,101,778.16 year-on-year[20] - The company attributed the increase in net profit to the strong profitability of newly added gold and related product sales in the first three quarters of the year[10] - The company experienced an increase in total assets due to an increase in accounts receivable and bank deposits[11] - The company's accounts receivable increased to RMB 3,585,729,410.83 from RMB 954,683,976.97 year-on-year[20] - The gold ore reserves at the Pakingo gold mine have increased to 10.908 million tons, up by 3.025 million tons year-on-year[18] Operating Costs - The total operating costs for the first three quarters of 2023 were CNY 1,059,702,186.14, compared to CNY 8,056,156,795.75 in the same period of 2022, reflecting a decrease[26] - Cash inflow from operating activities for the first three quarters of 2023 was CNY 6,173,821,758.45, down from CNY 6,620,004,762.73 in the same period of 2022, indicating a decrease of approximately 6.7%[30]