资 产 负 债 表 | --- | --- | --- | --- | --- | |----------------------------------------------|---------------------------------|---------------------------|---------------------------------------------------------------------|--------------------------------------------| | 编制单位：吉林化纤股份有限公司 \n 资 产 | 合并数 \n2021 年 6 月 30 日 | \n2020 年 12 月 31 日 | 母公司数 \n2021 年 6 月 30 日 | 单位：人民币元 \n2020 年 12 月 31 日 | | 流动资产 : | | | | | | 货币资金 | | | 823,662,257.87 885,603,752.67 820,910,060.06 880,503,837.05 | | | 结算备付金 | | | | | | 拆出 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,679,051,345.91, representing a 65.71% increase compared to CNY 1,013,270,792.30 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was CNY 40,768,987.99, a significant turnaround from a loss of CNY 81,422,028.94 in the previous year, marking a 150.07% increase[23]. - The net cash flow from operating activities was CNY 24,954,169.69, improving by 123.50% from a negative cash flow of CNY 106,193,692.23 in the same period last year[23]. - Basic and diluted earnings per share were both CNY 0.0188, compared to a loss of CNY 0.0413 per share in the previous year, reflecting a 145.52% increase[23]. - The weighted average return on equity was 1.31%, an increase of 4.05% from -2.74% in the same period last year[23]. - The gross profit margin for the chemical fiber segment was 15.47%, with operating revenue increasing by 65.71% and operating costs increasing by 67.55% year-on-year[49]. - The total profit for the first half of 2021 was CNY 39,380,152.77, compared to a total loss of CNY 80,859,067.61 in the first half of 2020[172]. - The company's total comprehensive income for the first half of 2021 was CNY 40,575,138.72, compared to a total comprehensive loss of CNY 77,587,225.28 in the first half of 2020[172]. Cash Flow and Liquidity - The company's cash and cash equivalents increased by 973.44% to ¥186,143,327.62, driven by improved cash collection[47]. - The company's cash and cash equivalents decreased to CNY 820,910,060.06 as of June 30, 2021, down from CNY 880,503,837.05 at the end of 2020, a decline of approximately 6.8%[162]. - The ending balance of cash and cash equivalents was ¥364,792,813.44, compared to ¥400,308,524.06 at the end of the first half of 2020[184]. - The total cash inflow from operating activities reached ¥1,026,320,819.47, compared to ¥742,365,441.94 in the previous year, indicating a year-over-year increase of approximately 38.3%[180]. - The net cash flow from operating activities for the first half of 2021 was ¥24,954,169.69, a significant improvement from a net outflow of ¥106,193,692.23 in the same period of 2020[180]. Business Operations - The main business remains focused on the production and sales of viscose fibers, including viscose filament and short fibers, with ongoing construction of a carbon fiber project by its wholly-owned subsidiary[31]. - The domestic viscose filament industry is experiencing a recovery, with overall economic performance improving, but international demand remains affected by ongoing COVID-19 outbreaks in countries like India[32]. - The viscose staple fiber market is currently in a state of oversupply, with production capacity reaching 120,000 tons per year, and it has accounted for over one-third of the company's total sales during the reporting period[34][37]. - The company has optimized its production processes, resulting in a significant reduction in unit production costs and improved overall efficiency[38]. - The company has established itself as the largest viscose filament manufacturer globally, benefiting from the exit of less competitive players in the market[41]. - The company is focusing on innovation and upgrading its product offerings while also actively transitioning towards carbon fiber production[43]. Research and Development - The company has a strong R&D team and has accumulated nearly 60 years of experience, leading to numerous patents and process innovations[44]. - The company plans to increase R&D investment to enhance the technological content and added value of viscose fiber products while actively transitioning to carbon fiber new materials[60]. Environmental and Social Responsibility - Jilin Chemical Fiber Co., Ltd. reported a total wastewater discharge of 960 tons for chemical oxygen demand, which is below the approved limit of 1161 tons[77]. - The company achieved a total ammonia nitrogen discharge of 150 tons, also below the approved limit of 179 tons[77]. - The company has been actively involved in poverty alleviation efforts, providing assistance to impoverished households in Ma Hutou Village, including food and financial support[81]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[84]. - The company has not issued any external guarantees that violate regulations during the reporting period[85]. - The total amount of related party transactions for the first half of 2021 was 1,352.65 million yuan, with a significant portion (88.68%) attributed to the purchase of compressed air[94]. - The company’s major shareholder, a state-owned entity, holds 64.79% of the shares, while domestic private investors hold 35.21%[120]. Risks and Challenges - The company faces cyclical risks in the chemical fiber industry, influenced by global economic fluctuations and the ongoing recovery from the COVID-19 pandemic[58]. - The price of main raw materials, particularly pulp, has increased significantly, impacting production costs and future performance[61]. - The company aims to strengthen market trend analysis and implement effective measures to stabilize supply and reduce procurement costs[61]. Capital and Financing - The company issued 197,604,787 new shares through a private placement, raising a total of approximately RMB 329.99 million[121]. - The issuance price for the new shares was set at RMB 1.67 per share[121]. - The net proceeds from the issuance, after deducting related expenses, amounted to approximately RMB 324.85 million[121].

Financial Performance - The company's operating revenue for Q1 2021 was ¥892,798,090.79, representing a 49.63% increase compared to ¥596,677,758.95 in the same period last year[8] - The net profit attributable to shareholders for Q1 2021 was ¥31,681,174.94, a significant increase of 104.66% from ¥15,479,976.97 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥31,138,051.54, up 119.75% from ¥14,169,780.39 year-on-year[8] - The basic earnings per share for Q1 2021 was ¥0.0146, an increase of 84.81% compared to ¥0.0079 in the same period last year[8] - The weighted average return on equity for Q1 2021 was 1.00%, up from 0.51% in the previous year[8] - The company achieved a revenue of 892.80 million yuan in Q1, representing a year-on-year growth of 49.63%[18] - Net profit for the quarter was 31.68 million yuan, up 104.66% year-on-year, with a non-recurring net profit of 31.14 million yuan, increasing by 119.75%[18] - Basic earnings per share for Q1 2021 were CNY 0.0146, compared to CNY 0.0079 in the previous year, reflecting an increase of 85.7%[52] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,704,962,591.85, a slight increase of 0.19% from ¥8,688,283,108.42 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥3,084,135,808.88, a decrease of 0.57% from ¥3,101,743,007.81 at the end of the previous year[8] - The company's total current assets amounted to approximately 2.41 billion yuan, compared to 2.37 billion yuan at the end of 2020[36] - Total assets increased to CNY 8,704,962,591.85 as of March 31, 2021, compared to CNY 8,688,283,108.42 at the end of 2020, reflecting a growth of approximately 0.19%[42] - Total liabilities rose to CNY 5,622,257,550.21, compared to CNY 5,576,125,475.94, indicating an increase of approximately 0.82%[40] - The company's equity attributable to shareholders decreased to CNY 3,084,135,808.88 from CNY 3,101,743,007.81, a decline of about 0.57%[42] - The total liabilities increased to CNY 5,467,079,746.39 from CNY 5,420,943,496.88, indicating a rise of 0.9%[48] Cash Flow - The net cash flow from operating activities for Q1 2021 was ¥1,804,775.78, down 13.31% from ¥2,081,760.89 in the same period last year[8] - Cash and cash equivalents decreased to CNY 803,717,020.57 from CNY 880,503,837.05, a decline of about 8.7%[43] - The cash flow from operating activities generated a net amount of CNY 1,804,775.78, a decrease from CNY 2,081,760.89 in the same quarter last year[61] - Cash inflow from financing activities totaled $510,554,166.60, down 37.8% from $821,870,829.00 in the previous period[66] - Net cash flow from financing activities was negative at -$60,290,210.35, compared to a positive $147,448,961.20 previously[66] Investments and Projects - The company has completed 100% of its investment in the 15,000-ton differentiated continuous filament project, with an investment of 73.85 million yuan[24] - The total amount of funds raised for investment projects was 650 million yuan, with 324.85 million yuan actually raised[26] - The company has repaid 179 million yuan of bank loans, achieving 100% progress in this area[24] Shareholder Information - The top ten shareholders held a combined 65.96% of the company's shares, with the largest shareholder holding 14.77%[11] Operational Metrics - The sales volume of long filaments increased by 27.11% year-on-year, while short fiber sales surged by 353.08%[18] - Total operating costs amounted to CNY 851,293,397.09, up from CNY 574,442,998.21, reflecting a year-over-year increase of 48.2%[48] Other Financial Metrics - Research and development expenses were CNY 1,337,933.84, slightly down from CNY 1,385,990.46, indicating a decrease of 3.5%[48] - Financial expenses rose to CNY 65,127,897.37 from CNY 58,664,661.27, an increase of 11.4%[48] - The company reported a decrease in interest income to CNY 231,401.28 from CNY 719,526.71, a decline of 67.8%[48]

Financial Performance - In 2020, the company's operating revenue was CNY 2,499,714,527.34, a decrease of 7.09% compared to CNY 2,690,565,539.92 in 2019[21] - The net profit attributable to shareholders was a loss of CNY 233,288,434.13, representing a decline of 356.61% from a profit of CNY 90,912,171.14 in 2019[21] - The basic earnings per share were -CNY 0.1076, down 333.41% from CNY 0.0461 in 2019[21] - The total assets at the end of 2020 were CNY 3,101,743,007.81, a slight increase of 3.04% from CNY 3,010,177,961.82 in 2019[21] - The company's net assets attributable to shareholders were CNY 8,688,283,108.42, up 2.48% from CNY 8,478,434,256.57 in 2019[21] - The company reported a significant increase in non-operating losses, impacting overall profitability[21] - The company completed a non-public stock issuance on December 28, 2020, raising a net amount of CNY 324,853,480.12, which will strengthen its position in the viscose fiber industry[51] - The company reported a total fundraising amount of CNY 32,675.6 million, with CNY 25,100 million utilized during the reporting period[100] - The cash dividend amount for the years 2018, 2019, and 2020 was 0, with a net profit of -233,288,434.13, 90,912,171.14, and 132,413,848.35 respectively, resulting in a cash dividend payout ratio of 0%[115] Operational Efficiency and Market Strategy - The company is focusing on improving operational efficiency and exploring new market opportunities in the coming year[5] - The company has implemented a market-oriented procurement strategy to stabilize supply and reduce costs amid the pandemic[39] - The company has focused on integrating supply, production, and sales to adapt to market changes and stabilize operations during the pandemic[36] - The company has focused on product upgrades, achieving significant improvements in product strength and expanding its market share in high-end applications, with over 45% market share in differentiated products[54] - The company aims to enhance its core innovation capabilities and sustainable development abilities, focusing on the cellulose fiber industry[109] - The company plans to optimize its asset, capital, and business structures to achieve a leading market position in fiber products[109] Production Capacity and Market Presence - The global production capacity of viscose filament yarn is approximately 250,000 tons per year, with the company holding about 80,000 tons, representing one-third of the global capacity[38] - The company's viscose staple fiber production capacity was initially designed for 100,000 tons per year but has been optimized to reach 120,000 tons per year, contributing to one-third of total sales[38] - The company has expanded its market presence, with downstream customers across over 20 provinces in China and several countries including Japan, South Korea, and Germany[38] - Revenue from chemical fiber segment was approximately ¥2.39 billion, accounting for 95.76% of total revenue, with an increase of 8.21% year-on-year[70] - Revenue from viscose filament yarn was approximately ¥1.70 billion, representing 68.01% of total revenue, with a year-on-year decrease of 17.25%[70] - Revenue from viscose staple fiber was approximately ¥693.69 million, showing a significant increase of 25.46% year-on-year[70] Environmental and Compliance Measures - The company has implemented strict environmental governance measures, establishing a comprehensive environmental management system and enhancing its green factory initiatives[55] - The company actively participates in environmental protection and has implemented measures to reduce pollution and ensure compliance with environmental standards[167] - The company has established effective waste treatment processes, ensuring that wastewater meets discharge standards[173] - The company received environmental impact report approvals for various projects, including a 30,000-ton high-modulus composite filament project in March 2017 and a 90,000-ton high-modulus composite filament project in April 2020[174] - The company has implemented a strict environmental monitoring program, regularly commissioning qualified third-party agencies to monitor water, air, and noise pollution[176] Shareholder and Governance Structure - The company emphasizes the protection of shareholder rights and has established a governance structure to ensure equal rights for all shareholders[162] - The company has committed to timely and accurate information disclosure to protect the rights of shareholders and stakeholders[163] - Employee rights are prioritized, with a focus on fair treatment and career development opportunities[164] - The company has maintained a good integrity status for itself and its controlling shareholders during the reporting period[138] - The company has confirmed that there are no existing employee stock ownership plans[191] Related Party Transactions - The company reported a total of 3.46 million yuan in related party transactions for material procurement, accounting for 0.05% of similar transaction amounts[140] - The procurement of compressed air from a related party amounted to 256.44 million yuan, representing 85.00% of similar transaction amounts[140] - The company engaged in related party transactions with Jilin Jimeng Acrylic Co., with a procurement amount of 45.27 million yuan, which is 15.00% of similar transaction amounts[140] - The company disclosed a total of 1,594.28 million yuan in sales of viscose short filaments to a related party, accounting for 2.31% of similar transaction amounts[142] - The related party transactions did not exceed the approved limits, ensuring compliance with regulatory requirements[140] Challenges and Recovery - The textile industry faced significant challenges in 2020 due to the COVID-19 pandemic, leading to reduced orders and demand, but the market began to recover in Q4[33] - The company faced significant challenges in 2020 due to the COVID-19 pandemic, leading to its first loss since 2015, but has since begun to recover as adverse factors dissipate[50] - The company aims to improve operational efficiency and increase net profit attributable to shareholders following the acquisition of Jilin Aika[148]

Financial Performance - Operating revenue for the reporting period was ¥646,965,869.69, reflecting a year-on-year increase of 2.34[10] - Net profit attributable to shareholders was -¥128,685,300.24, a decrease of 1,270.31% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥129,191,786.37, down 1,357.21% year-on-year[10] - Basic earnings per share were -¥0.0653, a decline of 1,266.07% compared to the previous year[10] - The weighted average return on net assets was -4.37%, down from -7.23% in the same period last year[10] - The company reported a net cash flow from operating activities of -¥10,652,763.84, a decrease of 124.14% year-on-year[10] - The company reported a net profit loss of ¥129,188,178.82 for the current period, compared to a net profit of ¥15,852,262.84 in the previous period, indicating a significant decline in profitability[60] - The total comprehensive income for the current period was -¥129,188,178.82, compared to ¥15,852,262.84 in the previous period, highlighting a drastic decline in overall financial performance[62] - The company's operating revenue for the current period is ¥1,617,393,863.25, a decrease of approximately 10.7% compared to ¥1,811,048,768.12 in the previous period[79] - The net profit for the current period is -¥206,775,404.10, compared to a net profit of ¥93,389,765.55 in the previous period, indicating a significant decline[75] - The basic earnings per share for the current period is -0.1066, down from 0.0415 in the previous period[75] - The total profit for the current period is -¥210,197,420.51, compared to ¥82,148,532.22 in the previous period, showing a substantial loss[71] Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,008,967,021.80, an increase of 6.26% compared to the previous year[10] - The company's total equity decreased to CNY 2,812,452,786.63 from CNY 3,019,228,190.73, reflecting a decline of about 6.9%[47] - The total liabilities of the company reached CNY 6,196,514,235.17, compared to CNY 5,459,206,065.84, indicating an increase of approximately 13.5%[45] - Current liabilities totaled CNY 5,475,256,543.89, up from CNY 4,687,894,468.55, which is an increase of approximately 16.8%[45] - The company's short-term borrowings increased to CNY 2,393,150,000.00 from CNY 2,065,150,000.00, representing a growth of about 15.9%[45] - Non-current assets decreased to CNY 6,050,541,052.53 from CNY 6,112,916,243.30, showing a decline of about 1.0%[50] Cash Flow - Cash inflow from operating activities totaled 1,151,275,990.16 CNY, while cash outflow was 1,161,928,754.00 CNY, resulting in a net cash flow of -10,652,763.84 CNY[85] - Cash inflow from operating activities was 1,118,966,522.03 CNY, slightly down from 1,137,101,152.04 CNY in the previous period[91] - Investment activities generated a net cash flow of -96,851,353.73 CNY, a decrease from -325,084,783.48 CNY in the previous period[87] - Cash inflow from financing activities was 3,380,410,044.66 CNY, up from 2,417,458,462.19 CNY in the previous period[87] - The company received 1,990,300,000.00 CNY in borrowings, an increase from 1,590,478,000.00 CNY in the previous period[87] - The company reported a cash outflow of 1,663,286,667.23 CNY related to financing activities, which increased from 895,643,048.81 CNY in the previous period[93] Shareholder Information - The total number of shareholders at the end of the reporting period was 75,727, with the top ten shareholders holding significant stakes[14] - The largest shareholder, Shanghai Fangda Investment Management Co., Ltd., held 16.25% of the shares, totaling 320,208,776 shares[14] Operational Costs and Expenses - Total operating costs rose to CNY 773,971,353.71 from CNY 587,713,597.79, marking an increase of about 31.7% year-over-year[57] - Operating costs rose to ¥651,117,242.51, up from ¥475,177,324.70, reflecting a substantial increase in expenses[63] - The company incurred financial expenses of ¥80,427,003.37, which is a significant increase from ¥49,125,781.38 in the previous period, primarily due to higher interest expenses[63] - Financial expenses for the current period amount to ¥203,895,476.61, an increase from ¥157,061,155.82 in the previous period[71] - Interest expenses are reported at ¥141,442,312.39, compared to ¥120,262,525.22 in the previous period, reflecting a rise of approximately 17.6%[71] Future Strategy - The company plans to focus on market expansion and new product development as part of its future strategy[67] - The company has ongoing commitments related to industry competition and is fulfilling its commitments made during the IPO and refinancing processes[25] Research and Development - The company reported a significant increase in research and development expenses to ¥1,372,381.06 from ¥1,125,237.74, reflecting a commitment to innovation[63]

证券代码：000420 证券简称：吉林化纤 公告编号：2020-47 吉林化纤股份有限公司 关于参加投资者网上集体接待日活动的公告 | --- | |-----------------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 | | 误导性陈述或重大遗漏。 | | 为进一步加强与投资者的互动交流，吉林化纤股份有限公司（以下简称"公司"）将 | | 参加由吉林证监局、吉林省证券业协会、深圳市全景网络有限公司共同举办的"提高公 | | 司质量 做受尊敬的上市公司 --2020 年吉林辖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·路演天下"网站（ http://rs.p5w.net ）参与公司本次投资者集体接 | | 待日活动,时间为 2020 年 8 月 21 日（周五） 15:30 至 17:00 。 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥1,013,270,792.30, a decrease of 23.08% compared to the same period last year[23]. - The net profit attributable to shareholders of the listed company was -¥81,422,028.94, representing a decline of 215.07% year-on-year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥83,672,473.19, a decrease of 219.72% compared to the previous year[23]. - The net cash flow from operating activities was -¥106,193,692.23, down 423.47% from the same period last year[23]. - The basic earnings per share for the reporting period was -¥0.0413, a decline of 215.04% year-on-year[23]. - The net profit for the same period was CNY -8,142,200.00, representing a decline of 215.07% compared to the previous year[40]. - The company reported a net profit of -87,457,280.84 CNY for the first half of 2020, compared to a net profit of 59,007,467.30 CNY in the same period of 2019, indicating a significant decline[165]. - Operating profit for the first half of 2020 was -90,927,605.61 CNY, a decrease from the operating profit of 58,623,275.29 CNY in the previous year[165]. - The company reported a total comprehensive income of -87,457,280.84 CNY for the first half of 2020, compared to 59,007,467.30 CNY in the same period of 2019[165]. Revenue and Sales - In the first half of 2020, the company achieved operating revenue of CNY 1,013,270,792.30, a decrease of 23.08% year-on-year[40]. - Total revenue from sales of goods and services was 671,832,121.77 CNY, down from 758,220,360.77 CNY in the first half of 2019, reflecting a decline of approximately 11.4%[166]. - Domestic sales accounted for 60.86% of total revenue, while international sales made up 39.14%, with both segments experiencing declines of 25.18% and 19.56% respectively[44]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,906,662,250.01, an increase of 5.05% compared to the end of the previous year[23]. - The total liabilities increased to CNY 5,816,041,020.75 in the first half of 2020, up from CNY 5,361,258,196.64 in the previous year, representing a growth of 8.5%[149]. - The total equity decreased to CNY 3,007,123,642.23 in the first half of 2020 from CNY 3,094,580,923.07 in the same period last year, a decline of 2.8%[149]. - Total liabilities increased to ¥5,965,021,284.56 from ¥5,459,206,065.84, reflecting a growth of approximately 9.25%[140]. Cash Flow - Cash flow from financing activities increased by 622.63% to CNY 202,430,380.68 due to reduced loan repayments[44]. - The company experienced a net cash outflow from operating activities of -106,193,692.23 CNY, compared to a net cash inflow of 32,829,944.35 CNY in the same period last year[169]. - The total cash inflow from financing activities was 1,587,870,829.00 CNY, up from 1,250,143,851.07 CNY in the previous year, reflecting a growth of about 27%[171]. Research and Development - The company focused on enhancing its core product, viscose filament, to improve technical, quality, and capacity advantages[40]. - The company has a stable and strong R&D team with over 50 years of industry experience, supporting continuous product and process innovation[35]. - Research and development expenses for the first half of 2020 were CNY 2,772,618.41, slightly down from CNY 3,053,092.36 in the first half of 2019, indicating a decrease of 9.2%[153]. Environmental Management - The company is committed to environmental management, having established a comprehensive environmental management system in response to national regulations[40]. - The company achieved a total discharge of 960 tons for chemical oxygen demand, which is within the approved discharge limit of 1161 tons[90]. - The ammonia nitrogen discharge was 150 tons, also within the approved limit of 179 tons[90]. - The company conducts regular environmental monitoring through qualified third-party agencies to ensure compliance with national and local environmental regulations[91]. Shareholder Information - The total number of shares outstanding is 1,970,706,656, with 93.90% being unrestricted shares[101]. - The largest shareholder, Shanghai Fangda Investment Management Co., Ltd., holds 16.25% of the shares, while the state-owned Jilin Chemical Fiber Group holds 16.14%[105]. - The company has a total of 82,801 shareholders, with 10 holding more than 5% of the shares[105]. Future Plans - The company plans to expand its viscose filament product line globally and develop other high-end fiber products[35]. - The company aims to leverage its state-owned asset integration platform to extend into pharmaceuticals and fine chemicals, enhancing its market influence[35]. - The company is focusing on diversifying its operations and developing promising chemical products to mitigate the impact of cyclical fluctuations in the viscose fiber industry[56].

Financial Performance - The company's operating revenue for Q1 2020 was ¥596,677,758.95, a decrease of 12.28% compared to ¥680,222,230.51 in the same period last year[10] - Net profit attributable to shareholders was ¥15,479,976.97, down 17.93% from ¥18,860,789.91 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥14,169,780.39, a decline of 22.77% compared to ¥18,348,598.63 in the previous year[10] - Basic earnings per share were ¥0.0079, down 17.71% from ¥0.0096 year-on-year[10] - The total operating costs for the first quarter of 2020 were ¥574,442,998.21, down from ¥655,498,504.63, showing a reduction of about 12.34%[57] - The total profit for the current period is ¥19,854,176.84, a decrease of 5.63% from ¥21,036,496.99 in the previous period[62] - The company reported a net cash inflow from operating activities of ¥326,433,269.60, down from ¥376,869,757.87 in the previous period, representing a decrease of 13.36%[69] - The total comprehensive income for the current period is ¥20,319,013.75, down from ¥21,783,116.70 in the previous period[66] Cash Flow - The net cash flow from operating activities was ¥2,081,760.89, a significant drop of 74.79% from ¥8,257,871.48 in the same period last year[10] - Cash flow from operating activities net amount was 2,081,760.89, a decrease of 74.8% compared to 8,257,871.48 in the previous period[72] - Cash inflow from financing activities totaled 871,870,829.00, an increase of 6.1% from 821,804,111.12 in the previous period[74] - Cash outflow from financing activities was 675,160,756.68, down 13.5% from 780,872,754.70 in the previous period[74] - Net cash flow from financing activities was 196,710,072.32, significantly higher than 40,931,356.42 in the previous period, indicating improved financing conditions[74] - Cash inflow from operating activities was 367,099,261.98, slightly up from 359,659,023.79 in the previous period[75] - Cash outflow from operating activities totaled 316,381,122.49, a decrease of 10.5% compared to 353,461,481.53 in the previous period[75] - Net cash flow from operating activities was 50,718,139.49, a significant increase from 6,197,542.26 in the previous period[75] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,855,751,407.66, an increase of 4.45% from ¥8,478,434,256.57 at the end of the previous year[10] - Current liabilities totaled CNY 4,957,778,190.75, up from CNY 4,687,894,468.55, which is an increase of about 5.8%[45] - The total liabilities of the company were CNY 5,816,204,203.18, compared to CNY 5,459,206,065.84, indicating a growth of approximately 6.5%[45] - The company's total assets amounted to ¥8,815,617,682.62, an increase from ¥8,455,839,119.71 as of December 31, 2019, representing a growth of approximately 4.26%[48] - The company's current assets totaled ¥2,673,559,513.00, up from ¥2,342,922,876.41, indicating an increase of about 14.09%[48] - The company's total liabilities reached ¥5,713,820,932.77, compared to ¥5,361,258,196.64, reflecting a rise of approximately 6.59%[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 88,873[14] - The top ten shareholders held a combined 56.92% of the company's shares, with the largest shareholder holding 16.25%[14] - Net assets attributable to shareholders were ¥3,025,657,938.79, a slight increase of 0.51% from ¥3,010,177,961.82 at the end of the previous year[10] - The total equity attributable to shareholders of the parent company was CNY 3,025,657,938.79, up from CNY 3,010,177,961.82, representing a slight increase of about 0.5%[46] Research and Development - Research and development expenses for the first quarter of 2020 were ¥1,385,990.46, slightly down from ¥1,390,462.56, indicating a stable investment in innovation[57] - The research and development expenses for the current period are ¥1,385,990.46, slightly down from ¥1,390,462.56 in the previous period[63] Government Support - The company received government subsidies amounting to ¥546,370.50 during the reporting period[10] Inventory and Receivables - Accounts receivable increased to CNY 426,820,994.83 from CNY 369,345,002.79, reflecting a rise of approximately 15.6%[39] - Inventory levels rose to CNY 697,377,402.31, compared to CNY 534,312,632.33, marking an increase of around 30.6%[39] - The company's inventory increased to ¥687,712,660.98 from ¥523,517,176.92, marking a rise of approximately 31.39%[48]

Financial Performance - The company's operating revenue for 2019 was CNY 2,690,565,539.92, representing a 5.00% increase compared to CNY 2,562,401,716.87 in 2018[24] - The net profit attributable to shareholders for 2019 was CNY 90,912,171.14, a decrease of 31.34% from CNY 132,413,848.35 in 2018[24] - The net cash flow from operating activities was CNY 74,933,366.42, down 57.69% from CNY 177,100,494.21 in the previous year[24] - The total assets at the end of 2019 amounted to CNY 8,478,434,256.57, an increase of 18.74% from CNY 7,140,258,060.55 at the end of 2018[24] - The basic earnings per share for 2019 was CNY 0.0461, a decline of 31.40% compared to CNY 0.0672 in 2018[24] - The weighted average return on net assets was 3.07% in 2019, down from 4.64% in 2018[24] - The net profit for Q4 2019 was CNY 9,160,465.74, showing a significant decline compared to previous quarters[29] - The net profit for 2019 was CNY 9,091,000, a decrease of 31.34% compared to the previous year[43] Revenue Breakdown - The chemical fiber segment contributed CNY 2,355,479,073.32, accounting for 87.55% of total revenue, with an 11.31% increase year-on-year[45] - The acetic anhydride segment saw a significant decline, generating CNY 36,371,965.77, down 51.45% from the previous year[45] - Domestic sales accounted for 63.29% of total revenue, while international sales made up 36.71%, with a 12.38% increase in foreign sales[48] - The company's revenue from chemical fibers reached ¥2,355,479,073.32, with a year-on-year increase of 11.31%[49] - Domestic revenue amounted to ¥1,702,783,724.01, with a slight increase of 1.15% year-on-year, while international revenue was ¥987,781,815.91, up by 12.38%[49] Investment and Projects - The company has invested CNY 469.589 million in the upgrade and transformation project, with a cumulative investment of CNY 46.95891 million, achieving an investment progress of 100.36%[72] - The biodegradable biomass continuous spinning filament project has a cumulative investment of CNY 29.92678 million, reaching an investment progress of 101.07%[72] - The high-modulus composite strong filament project has a cumulative investment of CNY 96.31264 million, with an investment progress of 100.75%[72] - The company plans to leverage its strengths in viscose filament to expand its market presence and develop high-end fiber products[38] Environmental Initiatives - The company invested in environmental governance, establishing a comprehensive environmental management system in response to national regulations[43] - The company utilizes third-party monitoring for environmental compliance, ensuring adherence to national and local regulations[141] - The company has implemented emergency response plans for environmental incidents, registered with the Jilin City Environmental Emergency Management Center[138] - The company's wastewater treatment is outsourced to Jilin Qifeng Chemical Fiber Co., Ltd., ensuring compliance with discharge standards[138] - Jilin Chemical Fiber Co., Ltd. reported a total emission of 960 tons for chemical oxygen demand, which is within the standard limit of 100 mg/l[138] - The company achieved a total emission of 150 tons for ammonia nitrogen, also meeting the standard limit of 8 mg/l[138] Shareholder Information - The largest shareholder, Shanghai Fangda Investment Management Co., Ltd., holds 320,208,776 shares, accounting for 16.25% of total shares[155] - Jilin Chemical Fiber Group Co., Ltd. holds 198,878,048 shares, representing 16.14% of total shares, with 158,000,000 shares pledged[155] - Jilin City State-owned Capital Development Holding Group Co., Ltd. owns 171,834,911 shares, which is 8.72% of total shares, with 85,917,455 shares pledged[155] - The top ten shareholders did not engage in any repurchase transactions during the reporting period[157] Future Outlook - The company plans to continue expanding its viscose filament series products in the global market over the next three years, aiming to enhance its competitive advantage[85] - The company aims to achieve a revenue target of 1.5 billion CNY for 2020, reflecting a growth forecast of 25%[171] - The management team emphasized the importance of sustainability in their future operations, aiming for a 30% reduction in carbon emissions by 2025[171] - The company has allocated 100 million yuan for research and development in new technologies for the upcoming fiscal year[196] Financial Management - The company’s financial expenses increased by 67.41% to ¥221,814,925.63 due to higher interest expenses from increased borrowings[58] - The total amount of cash and cash equivalents increased by 164.44% to ¥166,036,131.93[63] - The company has not engaged in any securities or derivative investments during the reporting period[68][69] - The company has not made any cash dividends or capital reserve transfers to increase share capital in the past three years, with cash dividends amounting to 0.00% of net profit for 2019, 2018, and 2017[89] Corporate Governance - The company has maintained a good integrity status for itself and its controlling shareholders during the reporting period[110] - The current auditor, Zhongzhun Accounting Firm, has been engaged for 22 years, with an audit fee of 600,000 yuan for the current period[106] - The company did not implement any employee stock ownership plans or other incentive measures during the reporting period[113] - The company has not faced any major litigation or arbitration matters during the reporting period[108]

吉林化纤股份有限公司 2019 年第三季度报告全文 JILIN CHEMICAL FIBER STOCK CO.,LTD 吉林化纤股份有限公司 2019 年第三季度报告 董事长（签章）：宋德武 2019 年 10 月 1 吉林化纤股份有限公司 2019 年第三季度报告全文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | --- | --- | --- | --- | |--------------------|--------------------|----------------------|--------------| | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | 宋德武 | 董事长 | 参加省委党校学习培训 | 刘宏伟 | | 孙玉晶 | 董事 | 出差 | 杜晓敏 | 公司负责人宋德武、主管会计工作负责人金东杰及会计机构负责人(会计主 管人员)杜晓敏声明：保证季度 ...