Important Content Reminder:
- The Board of Directors and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or significant omissions, and assume individual and joint legal responsibilities.
- The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
- The quarterly financial accounting report has not been audited.
Main Financial Data
(1) Main Accounting Data and Financial Indicators
Does the company need to retrospectively adjust or restate previous years' accounting data? □ Yes ☑ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (CNY) | 4,624,333,739.05 | 3,969,820,994.52 | 16.49% |
| Net Profit Attributable to Shareholders (CNY) | 63,233,051.09 | 81,827,268.90 | -22.72% |
| Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (CNY) | 38,372,667.99 | 60,626,360.86 | -36.71% |
| Net Cash Flow from Operating Activities (CNY) | -489,340,468.25 | -873,418,397.90 | 43.97% |
| Basic Earnings per Share (CNY/share) | 0.0628 | 0.0814 | -22.85% |
| Diluted Earnings per Share (CNY/share) | 0.0628 | 0.0811 | -22.56% |
| Weighted Average Return on Equity | 1.04% | 1.42% | -0.38% |
(2) Non-Recurring Gains and Losses Items and Amounts
☑ Applicable □ Not Applicable
| Item | Amount for Current Period (CNY) | Description |
|---|---|---|
| Gains from Disposal of Non-Current Assets (including reversal of impairment provisions) | 653,376.59 | - |
| Government subsidies recognized in current profit and loss (excluding those closely related to normal business operations) | 8,407,048.29 | - |
| Fair value changes and gains/losses from disposal of financial assets and liabilities held by non-financial enterprises | 15,835,785.81 | - |
| Other operating income and expenses not included above | -416,644.86 | - |
| Less: Income Tax Impact | 1,155,799.44 | - |
| Minority Shareholders' Equity Impact (after tax) | 60,350.48 | - |
| Total | 24,860,383.10 | - |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
☑ Applicable □ Not Applicable
| Balance Sheet Item | End of Period | Beginning of Period | Change (%) | Reason for Change |
|---|---|---|---|---|
| Derivative Financial Assets | 2,196.39 | 9,411.10 | -76.66% | Mainly due to a decrease in the floating profit of copper hedges. |
| Prepayments | 50,114.39 | 23,111.21 | 116.84% | Mainly due to an increase in copper material prepayments. |
| Other Receivables | 37,761.63 | 19,163.15 | 97.05% | Mainly due to an increase in margin for hedging instruments. |
| Investment Properties | 2,805.16 | 282.94 | 891.43% | Mainly due to receiving parking spaces from clients for leasing. |
| Short-term Borrowings | 1,175.84 | 2,265.65 | -48.10% | Mainly due to a decrease in discounted bills at the end of the period. |
| Derivative Financial Liabilities | 3,621.70 | 5,341.61 | -32.20% | Mainly due to a decrease in the floating loss of copper hedges. |
| Payables to Employees | 8,956.87 | 15,386.55 | -41.79% | Mainly due to the payment of last year's accrued unpaid salaries. |
| Estimated Liabilities | 3,153.04 | 2,378.33 | 32.57% | Mainly due to an increase in estimated returns payable. |
| Other Comprehensive Income | 9,462.25 | 17,695.84 | -46.53% | Mainly due to a decrease in cumulative floating profits of effective hedging positions. |