CSN Files Q3 2024 Financial Update

TL;DR

CSN dropped Q3 financials on 11/27, check the 20-F for annuals.

AI Summary

Companhia Siderúrgica Nacional (CSN) filed a 6-K report on November 27, 2024, providing quarterly financial information as of September 30, 2024. The report is a convenience translation from Portuguese and indicates CSN files annual reports under Form 20-F.

Why It Matters

This filing provides investors with updated financial performance data for Companhia Siderúrgica Nacional, crucial for assessing the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) and does not contain new material events or significant financial distress indicators.

Key Numbers

• 20240930 — Reporting Period End Date (Indicates the financial data is as of this date.)
• 20241127 — Filing Date (The date the report was submitted to the SEC.)

Key Players & Entities

• Companhia Siderúrgica Nacional (company) — Registrant
• National Steel Company (company) — English translation of Registrant's name
• September 30, 2024 (date) — Reporting period end date
• November 27, 2024 (date) — Filing date

FAQ

Filing Documents

• siditr3q24_6k.htm (6-K) — 1850KB
• image_002.jpg (GRAPHIC) — 4KB
• 0001292814-24-004340.txt ( ) — 1857KB

From the Filing

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of November, 2024 Commission File Number 1-14732 COMPANHIA SIDERRGICA NACIONAL (Exact name of registrant as specified in its charter) National Steel Company (Translation of Registrant's name into English) Av. Brigadeiro Faria Lima 3400, 20 andar So Paulo, SP, Brazil 04538-132 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______ Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes _______ No ___X____ Quarterly Financial Information – September 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Index Company Information Capital Structure 1 Parent Company Financial Interim Accounting Information 2 3 Interim Income Statement 4 Interim Statement of Comprehensive Income 5 Interim Statement of Cash Flows 6 Interim Statement of Changes in Shareholders’ Equity 7 Interim Statement of Added Value 9 Consolidated Interim Financial Statements 10 11 Interim Income Statement 12 Interim Statement of Comprehensive Income 13 Interim Statement of Cash Flows 14 Interim Statement of Changes in Shareholders’ Equity 15 Interim Statement of Added Value 17 Notes to the Financial Statements 18 Reports and Statements Independent Auditors’ Report 65 67 68 Quarterly Financial Information – September 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Company Information / Capital Structure Number of Shares (Units) Current Period 9/30/2024 Paid-in Capital Common 1,326,093,947 Preferred 0 Total 1,326,093,947 Treasury Shares Acquired Common 0 Preferred 0 Total 0 Quarterly Financial Information – September 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Parent Company Interim Financial Statement - Statement of Financial Position -Assets (R$ thousand) Account Code Description 09/30/2024 12/31/2023 1 Total Assets 63,228,878 60,462,818 1.01 Current Assets 15,077,359 13,769,870 1.01.01 Cash and Cash Equivalents 1,472,672 2,270,070 1.01.02 Financial Investments 1,012,994 1,524,709 1.01.02.01 Financial Investments Measured a Fair Value Through Profit or Loss 984,893 1,493,204 1.01.02.01.03 Financial Investments Measured a Fair Value Through Profit or Loss – Usiminas’ Shares 984,893 1,493,204 1.01.02.03 Financial Investments at Amortized Cost 28,101 31,505 1.01.03 Trade Receivables 1,641,020 1,870,367 1.01.04 Inventory 7,017,344 6,168,584 1.01.06 Recoverable Taxes 847,842 855,663 1.01.08 Other Current Assets 3,085,487 1,080,477 1.01.08.03 Others 3,085,487 1,080,477 1.01.08.03.03 Derivative Financial Instruments - 12,122 1.01.08.03.04 Prepaid Expenses 182,494 248,688 1.01.08.03.06 Dividends Receivable 2,625,583 562,938 1.01.08.03.07 Others 277,410 256,729 1.02 Non-Current Assets 48,151,519 46,692,948 1.02.01 Long-Term Assets 12,077,503 10,545,374 1.02.01.03 Financial Investments at Amortized Cost 125,306 111,350 1.02.01.07 Deferred Taxes 4,846,366 3,213,410 1.02.01.10 Other Non-Current Assets 7,105,831 7,220,614 1.02.01.10.03 Recoverable Taxes 1,845,270 1,820,866 1.02.01.10.04 Judicial Deposits 202,967 210,833 1.02.01.10.05 Prepaid Expenses 43,000 64,659 1.02.01.10.06 Receivable from Related Parties 4,188,576 3,889,117 1.02.01.10.07 Others 826,018 1,235,139 1.02.02 Investments 26,992,722 27,800,877 1.02.02.01 Equity Interest 26,856,617 27,663,116 1.02.02.02 Investment Property 136,105 137,761 1.02.03 Property, Plant and Equipment 9,022,257 8,288,815 1.02.03.01 Property, Plant and Equipment in Operation 7,567,724 7,468,574 1.02.03.02 Right of Use in Leases 40,113 6,067 1.02.03.03 Property, Plant and Equipment in Progress 1,414,420 814,174 1.02.04 Intangible Assets 59,037 57,882 Quarterly Financial Information – September 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Parent Company Interim Financial Statement - Statement of Financial Position – Liabilities (R$ thousand) Account Code Description 09/30/2024 1

View Full Filing

View this 6-K filing on SEC EDGAR