2021 年年度报告 公司代码：600423 公司简称：柳化股份 柳州化工股份有限公司 2021 年年度报告 1 / 123 √适用 □不适用 2021 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 大信会计师事务所（特殊普通合伙）为公司出具了标准无保留意见的审计报告。 四、 公司负责人陆胜云、主管会计工作负责人黄吉忠及会计机构负责人（会计主管人员）黄东健 声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经大信会计师事务所（特殊普通合伙）审计确认，2021 年度公司净利润为 2,881.49 万元， 期末累计可供分配的利润为-218,823.86 万元。 鉴于公司 2021 年盈利微薄且累计未分配利润为负的经营现状，结合《公司章程》的有关规定， 2021 年度公司拟不进行利润分配，也不进行资本公积金转增股本。 六、 前瞻性陈述的风险声明 2 / 123 本报告中所涉 ...

2021 年第三季度报告 证券代码：600423 证券简称：柳化股份 柳州化工股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上 | | 年初至报告期 | 年初至报告期末比 | | --- | --- | --- | --- | --- | --- | | | | 年同期增减变 | | 末 | 上年同期增减变动 | | | | 动幅度(%) | | | 幅度(%) | | 营业收入 | 30,502,515.40 | 28.24 | | 90,351,775. ...

公司代码：600423 公司简称：柳化股份 柳州化工股份有限公司 2021 年半年度报告 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、行业分析、市场前景等前瞻性陈述，不构成公司对投资者的实 质承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中进行了详细描述，敬请查阅第三节"管理层讨论与分析"中"五、其他披 露事项"中"（一）可能面对的风险"相关内容。 十一、 其他 □适用 √不适用 1 / 80 三、 本半年度报告未经审计。 四、 公司负责人陆胜云、主管会计工作负责人黄吉忠及 ...

股票代码：600423 股票简称：ST 柳化 公告编号：2021-012 柳州化工股份有限公司 | --- | |-----------------------------------------------------------------------------------------------------------------------------------------| | | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 | 为进一步加强与投资者的互动交流，柳州化工股份有限公司（以下简称"公司"）将参加由广西上市 公司协会、深圳市全景网络有限公司共同举办的"2021 年广西地区上市公司投资者网上集体接待日活动"， 现将有关事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的互联网平台举行，投资者可以登陆"全 景·投资者关系互动平台"网站（https://ir.p5w.net/）参与公司本次投资者集体接待日活动，活动时间 为 2021 年 5 月 21 日（星期五）15:30 至 ...

Financial Performance - Operating revenue for the period reached CNY 28,928,514.61, a 34.30% increase year-on-year[6] - Net profit attributable to shareholders was CNY 11,708,148.33, representing a significant increase of 10,439.98% compared to the same period last year[6] - The company reported a basic earnings per share of CNY 0.01, compared to CNY 0.00 in the previous year[6] - The net profit for Q1 2021 was CNY 11,708,148.33, compared to a net loss of CNY 111,083.26 in Q1 2020, indicating a significant turnaround[22] - The overall comprehensive income for Q1 2021 was CNY 11,708,148.33, reflecting a positive financial performance compared to the previous year[22] Cash Flow - The net cash flow from operating activities was CNY 9,578,191.00, a recovery from a negative cash flow of CNY -119,849,734.57 in the previous year[6] - Operating cash inflow for Q1 2021 was CNY 34,299,504.04, a substantial increase from CNY 11,089,739.70 in Q1 2020, reflecting improved sales performance[24] - The net cash flow from operating activities for Q1 2021 was CNY 9,578,191.00, recovering from a net outflow of CNY 119,849,734.57 in the same period last year[25] - The total cash outflow from operating activities in Q1 2021 was CNY 24,721,313.04, significantly lower than CNY 130,939,474.27 in Q1 2020, indicating better cost management[25] Assets and Liabilities - Total assets increased by 2.18% to CNY 479,585,458.42 compared to the end of the previous year[6] - As of March 31, 2021, the total assets amounted to 479.59 million yuan, an increase from 469.37 million yuan at the end of 2020[18] - The company's total liabilities as of March 31, 2021, were 74.70 million yuan, slightly down from 76.45 million yuan at the end of 2020[18] - The company’s cash and cash equivalents net increase was CNY 129 million, primarily due to reduced employee settlement payments compared to the previous year[11] - The company’s cash and cash equivalents increased to 363.92 million yuan from 354.19 million yuan at the end of 2020[17] Operational Efficiency - Management expenses decreased by 74.33% year-on-year, attributed to a significant reduction in the number of employees[11] - The company did not report any new investment or financing activities during Q1 2021, focusing instead on operational efficiency[25] - The company advises investors to be cautious due to ongoing risks related to its operational scale and product diversity[13] Sales and Inventory - Sales revenue from goods and services received in Q1 2021 reached CNY 30,476,595.64, compared to CNY 10,430,901.66 in Q1 2020, marking a growth of approximately 192%[24] - Inventory increased by 120.51% compared to the end of the previous year, mainly due to an increase in raw material stock[10] - The cost of goods sold in Q1 2021 was 18.45 million yuan, up from 14.07 million yuan in the same period last year[19] Return on Equity - The weighted average return on equity increased by 2.82 percentage points to 2.85%[6] Production Capacity - The company has a design production capacity of 100,000 tons of hydrogen peroxide, but its operational scale remains small[13] Other Financial Metrics - The company’s net profit for Q1 2021 was significantly impacted by management expenses of 1.89 million yuan, which were higher than the previous year's[19] - Cash and cash equivalents at the end of Q1 2021 stood at CNY 361,834,014.48, slightly down from CNY 362,824,218.45 at the end of Q1 2020[25] - The company is not applying the new leasing standards for the year 2021, which may impact future financial reporting[26]

Financial Performance - The company's operating revenue for 2020 was approximately ¥107.12 million, a decrease of 71.35% compared to ¥373.96 million in 2019[24]. - The net profit attributable to shareholders for 2020 was ¥12.72 million, a significant recovery from a loss of ¥1.87 billion in 2019[24]. - Basic earnings per share for 2020 were ¥0.02, a recovery from -¥2.34 in 2019[25]. - The weighted average return on net assets improved to 3.30% in 2020, up from -148.70% in 2019, marking an increase of 152.00 percentage points[25]. - The company achieved total operating revenue of RMB 106,120,775.91, with a net profit attributable to shareholders of RMB 14,312,184.97 in Q4, marking a significant recovery from a loss in Q2[27]. - Operating profit was 8.98 million yuan, and net profit was 12.72 million yuan, with net profit attributable to shareholders also at 12.72 million yuan[39]. - The total comprehensive income for 2020 was CNY 12,716,412.44, recovering from a loss of CNY 1,806,172,978.55 in 2019[181]. - The company reported a net loss of CNY 2,217,053,456.27 in 2020, an improvement from a loss of CNY 2,443,622,847.38 in 2019[171]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥130.31 million, indicating a continued cash flow challenge despite a reduction in losses compared to -¥274.34 million in 2019[24]. - The operating cash flow for Q4 was RMB 10,660,583.18, indicating improved cash generation capabilities[27]. - The cash flow from operating activities showed a net outflow of 130.31 million yuan, compared to an outflow of 274.34 million yuan in the previous year[42]. - The cash dividend policy stipulates that at least 10% of the distributable profits will be allocated for cash dividends, provided certain conditions are met[83]. - The company reported a year-end cash balance of 354.19 million yuan, representing 75% of total assets, highlighting concerns about asset quality[157]. - The company's operating cash flow for 2020 was -130.31 million yuan, with employee settlement costs amounting to 121.62 million yuan, indicating a significant cash flow challenge[156]. - The total cash inflow from operating activities was 81,758,610.16 RMB, down from 282,805,733.00 RMB in 2019, reflecting a decline of approximately 71%[187]. Assets and Liabilities - The total assets decreased by 20.84% to ¥469.37 million at the end of 2020, down from ¥592.93 million at the end of 2019[24]. - The total liabilities decreased by 64.21% to ¥76,448,135.13, primarily due to the repayment of related debts in the previous year[54]. - The company's total assets decreased to CNY 469,370,097.96 in 2020 from CNY 592,928,065.20 in 2019, reflecting a decline of approximately 20.9%[171]. - Current liabilities totaled CNY 76,448,135.13 in 2020, a decrease from CNY 213,600,161.17 in 2019, showing a reduction of about 64.2%[174]. - The company's equity attributable to shareholders increased to CNY 392,921,962.83 in 2020 from CNY 379,327,904.03 in 2019, representing an increase of approximately 3.6%[175]. Operational Adjustments and Strategy - The company implemented adjustments to its business scope and organizational structure following judicial restructuring, focusing on safety and environmental management[37]. - The company adjusted its product offerings to focus on the production and sales of hydrogen peroxide solutions, reflecting a strategic shift in operations[33]. - The company plans to achieve a revenue target of 130 million RMB in 2021, focusing on enhancing operational efficiency and expanding trade activities[75]. - The company is committed to safety and environmental protection while expanding its business scope and scale[94]. - The company plans not to distribute profits or increase capital reserves due to the ongoing operational risks and negative cash flow situation[6]. Market and Competitive Landscape - The competitive landscape in the chemical industry remained challenging, with price fluctuations driven by supply and demand dynamics[35]. - The domestic hydrogen peroxide production capacity reached 15.47 million tons by the end of 2020, with an additional 990,000 tons expected to come online in 2021, intensifying market competition[73]. - The sales price of 27.5% hydrogen peroxide decreased by nearly 30% in Q2 compared to Q1, leading to operating losses in the first half of 2020[38]. Governance and Compliance - The company has a governance structure that complies with the requirements of the China Securities Regulatory Commission, ensuring independence from the controlling shareholder[141]. - The internal control audit report issued by DaXin Accounting Firm provided a standard unqualified opinion, affirming the effectiveness of the company's internal controls[150]. - The company has maintained strict compliance with information disclosure regulations, ensuring timely and accurate reporting of significant events[145]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 18,705, an increase from 18,157 at the end of the previous month[114]. - The largest shareholder, Liuzhou Yuantong Investment Development Co., Ltd., holds 201,452,434 shares, representing 25.22% of the total shares[116]. - The company has not proposed any cash dividend distribution for 2020, as it did not meet the required conditions[91]. Employee and Management - The total number of employees in the parent company is 84, with 45 in production, 3 in sales, 8 in technology, 5 in finance, and 23 in administration[136]. - The company has implemented a fixed plus performance-based salary incentive policy for its employees[137]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 2.93 million yuan[125].

Financial Performance - Operating revenue for the first nine months was CNY 67,433,022.32, a decline of 76.07% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 1,595,772.53, compared to a loss of CNY 483,410,157.94 in the same period last year[8] - The company reported a net loss of 5.87 billion RMB after accounting for asset disposal gains of 1.29 billion RMB in 2019, indicating ongoing concerns regarding its ability to continue as a going concern[15] - Total operating revenue for Q3 2020 was ¥23,786,388.14, a slight decrease from ¥23,847,373.38 in Q3 2019[27] - The net profit for the first three quarters of 2020 was reported as -¥2,231,365,641.24, indicating a loss compared to -¥2,229,769,868.71 in the same period of 2019[24] - Q3 2020 revenue was CNY 23.79 million, a 5.1% increase from CNY 22.63 million in Q3 2019[30] - Q3 2020 net profit was CNY 3.78 million, compared to a net loss of CNY 243.94 million in Q3 2019[29] - Total profit for Q3 2020 reached CNY 3.78 million, contrasting with a total loss of CNY 243.94 million in the same period last year[29] Assets and Liabilities - Total assets decreased by 22.16% to CNY 461,515,423.23 compared to the end of the previous year[8] - Total assets decreased from 592.93 million RMB at the end of 2019 to 461.52 million RMB by September 30, 2020, reflecting a significant reduction in operational scale[19] - Total liabilities for Q3 2020 were ¥83,187,188.37, down from ¥213,600,161.17 in Q3 2019[24] - The total current liabilities decreased from 213.60 million RMB to 83.19 million RMB, indicating improved liquidity management[20] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 140,969,430.14, compared to a net outflow of CNY 258,109,698.88 in the previous year[8] - The net cash flow from operating activities increased substantially, mainly due to reduced employee salaries and settlement costs in the current period compared to the previous year[16] - In the first three quarters of 2020, the company reported cash inflows from operating activities of CNY 43,336,710.51, a decrease of 81.8% compared to CNY 238,003,228.81 in the same period of 2019[32] - The net cash outflow from operating activities was CNY -140,969,430.14, compared to CNY -258,109,698.88 in the previous year, indicating an improvement of 45.5%[33] - The total cash and cash equivalents at the end of the period were CNY 341,706,322.79, down from CNY 536,530,161.66 at the beginning of the year[35] Inventory and Receivables - Accounts receivable increased by 402.64% to CNY 164,940,000, primarily due to increased credit sales[10] - Inventory decreased by 35.79%, attributed to the sale of stock goods[11] - The company’s inventory decreased from 4.78 million RMB to 3.07 million RMB, reflecting a reduction in operational capacity[18] - Inventory levels were reported at ¥3,066,628.79, down from ¥4,775,875.76 in the previous year[24] Expenses and Cost Management - Management expenses decreased by 96.13% compared to the same period last year, due to the cessation of most production systems[12] - Employee compensation payments decreased by 52.38% year-on-year, attributed to a significant reduction in workforce following the completion of the restructuring plan[13] - Tax payments decreased by 62.88% year-on-year, reflecting a substantial reduction in revenue and operational scale[13] - Operating costs for Q3 2020 were CNY 18.34 million, up from CNY 14.80 million in Q3 2019, reflecting a 24.3% increase[30] - Research and development expenses were noted at ¥4,580.63 for Q3 2020, reflecting ongoing investment in innovation[27] - Research and development expenses were CNY 4,580.63 in Q3 2020, compared to CNY 2.02 million in the same period last year[30] Operational Risks and Future Strategies - The company continues to face significant operational risks, with ongoing losses reported in the first three quarters of the year[15] - The company aims to enhance market expansion and product development strategies moving forward[30] - The company is focusing on cost management strategies to improve profitability moving forward[27] Financial Reporting Changes - The company executed a new revenue standard from January 1, 2020, resulting in a reclassification of certain financial items[11] - The company has no subsidiaries to consolidate in the financial statements following the disposal of all subsidiaries in November 2019[5]

2020 年半年度报告 公司代码：600423 公司简称：ST 柳化 柳州化工股份有限公司 2020 年半年度报告 1 / 96 2020 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人陆胜云、主管会计工作负责人黄吉忠及会计机构负责人（会计主管人员）黄东健 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 □适用 √不适用 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中进行了详细描述，敬请查阅第四节经营情况的讨论与分析中其他披露事项 中可能面对的风险。 十、 其他 √适用 □不适用 2019 年 11 月份，公司通过公开拍卖的方式处置了所持有的合并范围内的所有子公司的股权， 包括柳化股份持有的柳州 ...

Financial Performance - In 2019, the company reported a net loss of RMB 1.87 billion, a decrease of 578.35% compared to a profit of RMB 390 million in 2018[21]. - The company's operating revenue fell by 81.38% to RMB 374 million in 2019, down from RMB 2.01 billion in 2018[21]. - The net cash flow from operating activities was negative RMB 274 million, a decline of 1,235.49% compared to a positive cash flow of RMB 24 million in 2018[21]. - The total assets decreased by 78.38% to RMB 592 million at the end of 2019, compared to RMB 2.74 billion at the end of 2018[21]. - The company's net assets attributable to shareholders dropped by 82.67% to RMB 379 million at the end of 2019, down from RMB 2.19 billion in 2018[21]. - Basic earnings per share were negative RMB 2.34 in 2019, a decrease of 360% from RMB 0.90 in 2018[23]. - The company reported a net loss of RMB 394 million after deducting non-recurring gains and losses, compared to a loss of RMB 329 million in 2018[21]. - The total profit loss was 1.971 billion RMB, with a net profit loss of 1.876 billion RMB, resulting in an earnings per share of -2.34 RMB[46]. - The company reported a significant reduction in research and development (R&D) expenses, totaling approximately ¥2.02 million, which is only 0.54% of operating revenue[59]. - The company reported a net loss of 394 million yuan attributable to the parent company after deducting non-recurring gains and losses for 2019, raising concerns about its ability to continue as a going concern[104]. Operational Challenges - The company faced continuous operating risks due to the policy-driven shutdown of production systems starting March 30, 2019, leading to reduced sales and cash inflow[21]. - The company experienced significant operational disruptions, with the ammonium system in a shutdown state due to a fire incident on December 5, 2018, and further production limitations caused by adverse weather conditions in March 2019[35]. - A policy-driven shutdown was mandated by the local government starting June 6, 2019, affecting all production systems at the main facility, leading to a total operational halt except for the Luozhai branch[36]. - The company has ceased production of nitric acid and ammonium nitrate due to policy-driven shutdowns, and currently lacks production capacity and qualifications for these products[72]. - The company faced operational challenges due to a fire incident and adverse weather conditions, leading to significant production downtime[82]. Restructuring and Asset Disposal - The restructuring plan was confirmed completed on December 13, 2019, marking the end of the company's restructuring process[30]. - The company disposed of several subsidiaries, leading to a significant reduction in both assets and liabilities, with total liabilities decreasing by 62.62% to approximately ¥213.60 million[64]. - The company reported an asset disposal loss of approximately 1.29 billion yuan due to the sale of low-efficiency assets, which were sold below their book value[43]. - The company disposed of low-efficiency assets as part of its restructuring plan, with a machine and equipment asset package sold for 30,400,000 RMB, significantly below its book value of 106,779,130 RMB[95]. - The company completed the transfer of its stakes in several subsidiaries, including the mixed fertilizer and potassium fertilizer companies, resulting in a net asset value of 849.98 million yuan and an assessed value of 501.33 million yuan[96]. Market Conditions - The chemical industry faced challenges in 2019, with a continued decline in prices and reduced profitability compared to the previous year[34]. - The domestic chemical industry is facing challenges such as overcapacity, safety and environmental upgrades, and intense competition, necessitating structural reforms and innovation[71]. - The company anticipates continued market competition in 2020 due to oversupply and declining prices in the chemical products sector[101]. Future Plans and Strategies - The company plans not to distribute profits or increase capital reserves due to significant losses and weak profitability[5]. - The company plans to achieve a revenue target of 92 million yuan for 2020, focusing on maximizing existing capacity and improving profitability[103]. - The company will enhance financial management and risk control, aiming to improve accounts receivable turnover rates[102]. - The company plans to strengthen its marketing management and improve customer service to stabilize its client base and reduce operational costs[104]. - The company is committed to enhancing operational stability and improving profitability in 2020 by maximizing existing capacity and strengthening financial management[118]. Environmental and Safety Management - The company has established an emergency response plan for environmental risks and has a dedicated emergency response team and resources to minimize disaster losses[140]. - The company reported a total nitrogen discharge concentration of 38.8 mg/l exceeding the standard during a specific monitoring period[136]. - The company’s environmental facilities operated with a synchronization rate of over 98% during the reporting period, with an operational cost of approximately 23.59 million yuan[139]. Governance and Compliance - The company has maintained independence from its controlling shareholder in terms of assets, personnel, finance, and operations[170]. - The company’s board of directors has been focused on improving operational efficiency and ensuring compliance with governance standards[170]. - The company confirmed that there were no significant differences between its governance practices and those required by the China Securities Regulatory Commission[173]. - The company has not undergone a board election during the reporting period due to its restructuring plan, with current directors continuing to serve[171]. Shareholder Information - The total number of ordinary shareholders increased from 21,593 to 22,975 during the reporting period, representing a growth of approximately 6.4%[145]. - The largest shareholder, Liuzhou Yuantong Investment Development Co., Ltd., holds 201,452,434 shares, accounting for 25.22% of the total shares[148]. - The company has no other shareholders holding more than 10% of the shares[153].

2020 年第一季度报告 公司代码：600423 公司简称：ST 柳化 柳州化工股份有限公司 2020 年第一季度报告 1 / 19 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 8 | 2020 年第一季度报告 一、重要提示 二、公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年 | | | --- | --- | --- | --- | --- | | | | | 度末增减(%) | | | 总资产 | 476,732,576.49 | 592,928,065.20 | | -19.60 | | 归属于上市公司股东的净资产 | 379,426,466.56 | 379,327,904.03 | | 0.03 | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金流量净额 | -119,849,734.57 | -67,500,452.63 | | 不适用 | | | 年初至报告期末 | 上年初至上年报告期末 | ...