2021-10-26-深交所-兴业矿业_2021年第三季度报告_13页_470kb

Summary of Inner Mongolia Xingye Mining Co., Ltd. Q3 2021 Report

Key Financial Data

The company's third-quarter 2021 report shows strong growth. Revenue reached 448 million yuan, up 22.94% from the same period in 2020, while total revenue for the year-to-date increased by 166.35%. Net profit attributable to shareholders was 46.6 million yuan, with a year-over-year decline of 25.86% in Q3, but a substantial increase of 319.72% year-to-date. Excluding non-recurring items, net profit rose by 449.04% year-to-date. Operating cash flow improved significantly by 88.30%. Assets total 8.9 billion yuan, down 4.16% year-over-year, and liabilities were 3.5 billion yuan.

Financial Performance Increase

Growth is primarily due to the resumption of operations at key mines, leading to higher mineral production and sales.

Account Changes

Non-recurring losses, such as asset disposals and tax adjustments, contributed to profit fluctuations. Specific items like bad debt provisions and management expenses increased, providing reasoning for the financial metrics.

Shareholder Information

The top shareholders include the controlling shareholder, Inner Mongolia Xingye Group (30.27% stake), other institutional holders, and significant individuals like Jixiang and Jiwei. Total shares issued are around 1.8 billion, with various pledged and frozen positions.

Other Important Matters

The company's controlling shareholder is undergoing court-supervised restructuring, involving substantive merger with related entities in 2021. The final outcome is not yet determined, and progress will be monitored.