TONGLING NONFERROUS METALS GROUP CO.,LTD.

Cash flow Tongling Nonferrous Metals Group Co.,Ltd.

Equities

000630

CNE000000529

Specialty Mining & Metals

End-of-day quote Shenzhen S.E. Other stock markets 2024-09-06			5-day change	1st Jan Change
2.940 ^CNY	+0.34%		-5.47%	-10.37%

06:02am	Tongling Nonferrous Metals to Add Stake in Subsidiary for 377 Million Yuan	MT
08-28	Tongling Nonferrous Metals Group H1 Profit Up 6%, Operating Income Rises 4%	MT

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Published financial data: TONGLING NONFERROUS METALS GROUP CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	92.2B	98.28B	130B	121B	136B
Other Revenues, Total	751M	1.15B	895M	600M	1.03B
Total Revenues	92.95B	99.44B	131B	122B	137B
Cost of Goods Sold, Total	89.18B	95.87B	124B	116B	128B
Gross Profit	3.77B	3.57B	6.95B	6.16B	9.51B
Selling General & Admin Expenses, Total	1.46B	1.1B	1.21B	1.26B	1.81B
Exploration / Drilling Costs, Total	-	-	-	-	-
Provision for Bad Debts	7.25M	25.77M	34.88M	1.62M	2.7M
R&D Expenses	147M	123M	185M	589M	802M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	21.58M	-	-	-
Other Operating Expenses	198M	279M	357M	236M	840M
Other Operating Expenses, Total	1.81B	1.55B	1.79B	2.09B	3.46B
Operating Income	1.96B	2.02B	5.17B	4.07B	6.05B
Interest Expense, Total	-843M	-700M	-722M	-527M	-1.03B
Interest And Investment Income	370M	191M	493M	338M	352M
Net Interest Expenses	-473M	-509M	-229M	-189M	-676M
Currency Exchange Gains (Loss)	-20.06M	187M	838K	151M	70.09M
Other Non Operating Income (Expenses)	-5.29M	-46.14M	-17.71M	-40.6M	-7.12M
EBT, Excl. Unusual Items	1.46B	1.66B	4.92B	4B	5.43B
Impairment of Goodwill	-4.82M	-	-	-	-
Gain (Loss) On Sale Of Investments	-79.29M	-32.78M	7.32M	13.91M	-10.51M
Gain (Loss) On Sale Of Assets	6.33M	5.07M	20.93M	32.46M	18.76M
Asset Writedown	-105M	-334M	-594M	-196M	-148M
Other Unusual Items	90.36M	141M	154M	156M	97.09M
EBT, Incl. Unusual Items	1.37B	1.44B	4.51B	4B	5.39B
Income Tax Expense	325M	474M	1.04B	823M	1.6B
Earnings From Continuing Operations	1.04B	961M	3.47B	3.18B	3.79B
Net Income to Company	1.04B	961M	3.47B	3.18B	3.79B
Minority Interest	-187M	-95.46M	-369M	-450M	-1.1B
Net Income - (IS)	854M	866M	3.1B	2.73B	2.7B
Net Income to Common Incl Extra Items	854M	866M	3.1B	2.73B	2.7B
Net Income to Common Excl. Extra Items	854M	866M	3.1B	2.73B	2.7B
Per Share Items
Net EPS - Basic	0.08	0.08	0.29	0.26	0.21
Basic EPS - Continuing Operations	0.08	0.08	0.29	0.26	0.21
Basic Weighted Average Shares Outstanding	10.68B	10.82B	10.69B	10.5B	12.85B
Net EPS - Diluted	0.08	0.08	0.29	0.26	0.21
Diluted EPS - Continuing Operations	0.08	0.08	0.29	0.26	0.21
Diluted Weighted Average Shares Outstanding	10.68B	10.82B	10.69B	10.5B	12.85B
Normalized Basic EPS	0.07	0.09	0.25	0.19	0.18
Normalized Diluted EPS	0.07	0.09	0.25	0.19	0.18
Dividend Per Share	0.01	0.04	0.1	0.05	0.08
Payout Ratio	135.05	100.06	37.06	57.8	55.07
Supplemental Items
EBITDA	3.4B	3.47B	7.1B	5.67B	9.25B
EBITA	2.05B	2.12B	5.26B	4.15B	6.3B
EBIT	1.96B	2.02B	5.17B	4.07B	6.05B
EBITDAR	3.44B	3.52B	7.15B	5.72B	9.33B
Total Revenues (As Reported)	92.95B	99.44B	131B	122B	137B
Effective Tax Rate - (Ratio)	23.76	33.03	23.02	20.56	29.62
Current Domestic Taxes	340M	531M	1B	840M	1.48B
Total Current Taxes	340M	531M	1B	840M	1.48B
Deferred Domestic Taxes	-15.54M	-56.4M	37.99M	-16.75M	-312M
Total Deferred Taxes	-15.54M	-56.4M	37.99M	-16.75M	-312M
Normalized Net Income	725M	940M	2.71B	2.05B	2.3B
Interest Capitalized	1.29M	44.18M	1.6M	-	-
Interest on Long-Term Debt	-	-	3.79M	1.92M	1.82M
Supplemental Operating Expense Items
Selling and Marketing Expenses	308M	119M	103M	95.76M	103M
General and Administrative Expenses	1.15B	977M	1.11B	1.17B	1.71B
Research And Development Expense From Footnotes	1.46B	1.61B	1.83B	3.27B	802M
Exploration/Drilling Costs	-	-	-	-	-
Net Rental Expense, Total	47.37M	51.02M	46.68M	48.34M	80.39M
Imputed Operating Lease Interest Expense	19.4M	18.37M	17.45M	12.4M	28.01M
Imputed Operating Lease Depreciation	27.97M	32.65M	29.22M	35.94M	52.39M
Maintenance & Repair Expenses, Total	43.23M	48.92M	44.12M	52.45M	49.68M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	5.16B	6.08B	5.67B	10.28B	11.17B
Short Term Investments	-	-	-	2.15M	1.58M
Trading Asset Securities, Total	-	-	-	1B	501M
Total Cash And Short Term Investments	5.16B	6.08B	5.67B	11.28B	11.68B
Accounts Receivable, Total	1.77B	2.02B	2.3B	2.54B	3.77B
Other Receivables	1.25B	1.06B	283M	805M	1.05B
Total Receivables	3.02B	3.08B	2.58B	3.35B	4.82B
Inventory	10.95B	15.3B	13.69B	17.34B	15.98B
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	4.69B	3.34B	7.27B	6.83B	8.76B
Total Current Assets	23.82B	27.8B	29.21B	38.8B	41.24B
Gross Property Plant And Equipment	32.89B	34.27B	31.07B	34.58B	48.18B
Accumulated Depreciation	-12.34B	-13.65B	-14.2B	-15.68B	-19.93B
Net Property Plant And Equipment	20.54B	20.62B	16.87B	18.91B	28.25B
Long-term Investments	630M	668M	2.13B	1.04B	1.28B
Goodwill	-	-	-	-	-
Other Intangibles, Total	2.39B	2.54B	2.17B	2.2B	5.39B
Deferred Tax Assets Long-Term	354M	451M	357M	425M	936M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	231M	107M	96.85M	68.45M	1.15B
Total Assets	47.97B	52.18B	50.84B	61.44B	78.25B
Liabilities
Accounts Payable, Total	7.74B	10.07B	9.17B	8.97B	7.37B
Accrued Expenses, Total	492M	626M	1.3B	843M	1.84B
Short-term Borrowings	10.41B	9.81B	7.14B	11.17B	9.65B
Current Portion of Long-Term Debt	1.76B	2.18B	3.31B	1.41B	2.43B
Current Portion of Leases	-	-	5.99M	6.26M	8.1M
Current Income Taxes Payable	268M	471M	767M	527M	1.05B
Unearned Revenue Current, Total	870M	720M	789M	533M	694M
Other Current Liabilities	338M	655M	497M	714M	980M
Total Current Liabilities	21.88B	24.53B	22.97B	24.18B	24.02B
Long-Term Debt	3.9B	5B	3.48B	6.13B	12.08B
Long-Term Leases	-	-	35.85M	154M	41.68M
Unearned Revenue Non Current	617M	543M	477M	450M	677M
Pension & Other Post Retirement Benefits	-	-	-	-	30.1M
Deferred Tax Liability Non Current	66.83M	43.7M	29.56M	82.98M	281M
Other Non Current Liabilities	1.44B	1.4B	443M	456M	1.62B
Total Liabilities	27.9B	31.52B	27.44B	31.45B	38.75B
Common Stock, Total	10.53B	10.53B	10.53B	10.53B	12.67B
Additional Paid In Capital	2.49B	2.74B	2.74B	4.71B	5.22B
Retained Earnings	5.2B	5.65B	8.31B	9.97B	12.88B
Comprehensive Income and Other	159M	12.62M	138M	160M	1.05B
Total Common Equity	18.37B	18.92B	21.71B	25.36B	31.82B
Minority Interest	1.69B	1.74B	1.69B	4.62B	7.68B
Total Equity	20.07B	20.66B	23.4B	29.98B	39.5B
Total Liabilities And Equity	47.97B	52.18B	50.84B	61.44B	78.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.53B	10.53B	10.53B	10.53B	12.67B
ECS Total Common Shares Outstanding	10.53B	10.53B	10.53B	10.53B	12.67B
Book Value / Share	1.75	1.8	2.06	2.41	2.51
Tangible Book Value	15.98B	16.39B	19.53B	23.17B	26.43B
Tangible Book Value Per Share	1.52	1.56	1.86	2.2	2.09
Total Debt	16.07B	17B	13.98B	18.87B	24.21B
Net Debt	10.91B	10.92B	8.31B	7.59B	12.53B
Debt Equivalent Oper. Leases	379M	408M	373M	387M	643M
Minority Interest, Total (Incl. Fin. Div)	1.69B	1.74B	1.69B	4.62B	7.68B
Equity Method Investments, Total	560M	599M	1.92B	818M	917M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.75B	3.53B	2.84B	3.89B	4.22B
Inventories - Work In Process, Total	6.36B	9.22B	8.84B	6.1M	9.64M
Inventories - Finished Goods, Total	2.11B	3.01B	2.2B	13.64B	9.81B
Inventories - Others	23.09M	26.8M	4.53M	42.47M	2.16B
Buildings, Total	12.27B	13.61B	12B	13.52B	22.95B
Machinery, Total	17.54B	19.11B	17.95B	19.22B	16.4B
Full Time Employees	15.29K	14.44K	11.83K	12.96K	12.16K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	169M	197M	226M	231M	196M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	854M	866M	3.1B	2.73B	2.7B
Depreciation & Amortization - CF	1.35B	1.33B	1.85B	1.52B	2.96B
Amortization of Goodwill and Intangible Assets - (CF)	92.75M	96.9M	90.92M	76.82M	252M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	21.58M	-	-	-
Depreciation & Amortization, Total	1.44B	1.45B	1.94B	1.6B	3.21B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-6.33M	-5.07M	-20.93M	-32.46M	-18.76M
(Gain) Loss on Sale of Investments - (CF)	-293M	-95.21M	-421M	-215M	-155M
Asset Writedown & Restructuring Costs	110M	334M	594M	196M	148M
Provision and Write-off of Bad Debts	7.25M	25.77M	34.88M	1.62M	2.7M
Other Operating Activities, Total	1.22B	834M	990M	1.08B	1.93B
Change In Accounts Receivable	-252M	1.18B	-4.75B	2.46B	-2.74B
Change In Inventories	-823M	-4.57B	-693M	-1.7B	1.69B
Change In Accounts Payable	1.81B	2.19B	2.58B	258M	-717M
Change In Deferred Taxes	-15.54M	-56.4M	37.99M	-16.75M	-312M
Change in Other Net Operating Assets	10.85M	6.93M	11.94M	-14.98M	194M
Cash from Operations	4.06B	2.16B	3.41B	6.34B	5.92B
Capital Expenditure	-2.34B	-1.52B	-1.42B	-1.37B	-2.75B
Sale of Property, Plant, and Equipment	33.59M	71.37M	59.39M	39.2M	38.61M
Cash Acquisitions	-	-	-922K	-	-
Divestitures	-	-	-234M	-	-
Investment in Marketable and Equity Securities, Total	-230M	-83.34M	-527M	-1.27B	926M
Other Investing Activities, Total	279M	129M	169M	700M	338M
Cash from Investing	-2.26B	-1.4B	-1.96B	-1.9B	-1.45B
Long-Term Debt Issued, Total	15.22B	19.14B	19.27B	15.83B	18.76B
Total Debt Issued	15.22B	19.14B	19.27B	15.83B	18.76B
Long-Term Debt Repaid, Total	-16.32B	-18.05B	-19.66B	-17.64B	-21.75B
Total Debt Repaid	-16.32B	-18.05B	-19.66B	-17.64B	-21.75B
Issuance of Common Stock	-	-	-	-	2.15B
Common Dividends Paid	-1.15B	-866M	-1.15B	-1.58B	-1.49B
Common & Preferred Stock Dividends Paid	-1.15B	-866M	-1.15B	-1.58B	-1.49B
Other Financing Activities, Total	-75.99M	-71.85M	-50.49M	3.3B	-1.07B
Cash from Financing	-2.34B	151M	-1.58B	-90.42M	-3.39B
Foreign Exchange Rate Adjustments	-173M	-27.6M	-79.22M	22.57M	6.62M
Net Change in Cash	-709M	878M	-208M	4.38B	1.09B
Supplemental Items
Cash Income Tax Paid (Refund)	912M	1.11B	1.67B	2.1B	4.09B
Levered Free Cash Flow	116M	524M	1.44B	-2.46B	1.35B
Unlevered Free Cash Flow	643M	961M	1.9B	-2.13B	1.99B
Change In Net Working Capital	-323M	234M	1.85B	4.91B	2.25B
Net Debt Issued / Repaid	-1.1B	1.09B	-384M	-1.81B	-2.98B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.58	2.53	6.27	4.54	4.89
Return on Total Capital	3.37	3.43	8.61	5.91	6.12
Return On Equity %	5.27	4.73	15.75	11.91	9.94
Return on Common Equity	4.71	4.65	15.27	11.6	8.71
Margin Analysis
Gross Profit Margin %	4.05	3.59	5.31	5.06	6.92
SG&A Margin	1.57	1.1	0.92	1.04	1.32
EBITDA Margin %	3.65	3.49	5.42	4.65	6.73
EBITA Margin %	2.21	2.13	4.01	3.41	4.58
EBIT Margin %	2.11	2.04	3.94	3.34	4.4
Income From Continuing Operations Margin %