Yunnan Aluminium (000807) Q3 2024 earnings summary

Executive summary

• Revenue for Q3 2024 reached ¥14.54 billion, up 20.24% year-over-year; YTD revenue was ¥39.19 billion, up 31.67% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥1.30 billion, up 31.42% year-over-year; YTD net profit was ¥3.82 billion, up 52.49% year-over-year.

• Basic and diluted EPS for Q3 was ¥0.375, up 31.58% year-over-year; YTD EPS was ¥1.101, up 52.49% year-over-year.

Financial highlights

• Operating cash flow for Q3 was ¥5.57 billion, up 22.43% year-over-year.

• Total assets at Q3-end were ¥42.32 billion, up 7.65% from year-end 2023.

• Shareholders’ equity at Q3-end was ¥28.00 billion, up 8.83% from year-end 2023.

• Gross margin and net margin improved due to higher aluminum sales volume and prices.

Outlook and guidance

• Aluminum product sales and prices are expected to remain strong, supporting continued revenue and profit growth.