浙江卫星石化股份有限公司 2015 年年度报告全文 浙江卫星石化股份有限公司 2015 年年度报告 2016 年 04 月 1 浙江卫星石化股份有限公司 2015 年年度报告全文 第一节 重要提示、目录和释义 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、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。 公司负责人马国林、主管会计工作负责人王满英及会计机构负责人(会计主 管人员)陈蕴玉声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中所涉及的未来计划、发展战略等前瞻性描述，不代表公司盈利预 测，不构成公司对投资者的实质承诺，投资者及相关人士均应对此保持足够的 风险认识，并且应当理解计划、预测与承诺之间的差异。请投资者注意投资风 险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 | 5 | | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | 9 | | 第三节 | 公司业务概要 | 11 ...

Financial Performance - The company's operating revenue for Q1 2016 was CNY 1,045.99 million, representing a 24.00% increase compared to CNY 843.56 million in the same period last year[3] - Operating profit reached CNY 3.99 million, a significant turnaround from a loss of CNY 154.43 million in the previous year, marking a 102.58% improvement[3] - Net profit attributable to shareholders was CNY 2.96 million, compared to a loss of CNY 148.43 million last year, reflecting a 101.99% increase[3] - Basic earnings per share improved to CNY 0.0037 from a loss of CNY 0.18, indicating a 102.06% increase[3] - The company reported a weighted average return on equity of 0.09%, recovering from -4.46% in the previous year[3] Asset and Equity Changes - Total assets decreased by 7.89% to CNY 7,076.12 million from CNY 7,682.22 million at the beginning of the period[3] - Shareholders' equity fell by 8.01% to CNY 3,131.44 million from CNY 3,404.09 million[3] Market and Operational Insights - The company experienced a stable sales phase for high polymer emulsions, driven by recovering downstream demand post-Spring Festival[6] - The management emphasized cost control and market expansion strategies to achieve growth despite macroeconomic challenges[6] - The stabilization of crude oil prices positively impacted the overall C3 industry chain, leading to improved pricing for acrylic acid and esters[6]

Financial Performance - The total operating revenue for 2015 was 418,890.63 million CNY, a decrease of 2.71% compared to the previous year[5] - The operating profit was -43,880.64 million CNY, representing a decline of 1091.29% year-on-year[7] - The total profit amounted to -41,658.36 million CNY, down 817.20% from the previous year[7] - The net profit attributable to shareholders was -42,588.98 million CNY, a decrease of 1408.21% compared to the same period last year[5] - The basic earnings per share were -0.53 CNY, a drop of 1425.00% year-on-year[5] Assets and Equity - The total assets at the end of the reporting period were 713,661.04 million CNY, down 6.28% from the beginning of the period[5] - The equity attributable to shareholders was 313,893.58 million CNY, a decrease of 11.56%[5] Sales and Market Conditions - The company experienced a 39% increase in sales volume, but revenue decreased due to falling product prices[7] - The decline in performance was primarily due to the continued drop in international crude oil prices, affecting the prices of propylene and acrylic products[7] Profit Forecast - The net profit forecast was revised to -42,588.98 million CNY, which was 267.33 million CNY lower than the previous estimate[8]

Profit Forecast - The company expects a net profit attributable to shareholders to decline by 1400% to 1370%, resulting in a loss of between -42,321.65 million and -41,344.99 million yuan for the year 2015[3] - The previous forecast indicated a net profit change range of -1180.00% to -1150.00%[3] - The decline in profitability is attributed to the narrowing price difference between propane and propylene, impacting propylene profitability[5] Inventory and Impairment - The company recorded an inventory impairment provision of 28.53 million yuan due to the cost of inventory exceeding its net realizable value[6] Strategic Adjustments - The company plans to enhance profitability stability by adjusting production between propylene and polypropylene based on price differentials[6] Investor Communication - The performance forecast has not been audited by registered accountants[4] - The company acknowledges the inconvenience caused to investors by the performance forecast revision and advises caution regarding investment risks[7]

浙江卫星石化股份有限公司 2015 年第三季度报告全文 浙江卫星石化股份有限公司 2015 年第三季度报告 2015 年 10 月 1 浙江卫星石化股份有限公司 2015 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人马国林、主管会计工作负责人王满英及会计机构负责人(会计主管人员)陈蕴玉声明：保证 季度报告中财务报表的真实、准确、完整。 2 浙江卫星石化股份有限公司 2015 年第三季度报告全文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增减 | | | --- | --- | --- | --- | --- | | 总资产（元） | 7,621,257,820.96 | 7,614,442,608.41 | | 0.09% | | 归属于上市公司股东的 ...

浙江卫星石化股份有限公司 2015 年半年度报告全文 浙江卫星石化股份有限公司 2015 年半年度报告 2015 年 08 月 1 浙江卫星石化股份有限公司 2015 年半年度报告全文 第一节 重要提示、目录和释义 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。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人马国林、主管会计工作负责人王满英及会计机构负责人(会计主 管人员)陈蕴玉声明：保证本半年度报告中财务报告的真实、准确、完整。 2 | | | | 2015 | 半年度报告 2 | | --- | --- | | 第一节 | 重要提示、目录和释义 5 | | 第二节 | 公司简介 7 | | 第三节 | 会计数据和财务指标摘要 9 | | 第四节 | 董事会报告 17 | | 第五节 | 重要事项 22 | | 第六节 | 股份变动及股东情况 26 | | 第七节 | 优先股相关情况 26 | | 第八节 | 董事、监事、高级管理人员情况 ...

Financial Performance - The company expects a net profit attributable to shareholders in the range of -146.60 million to -91.63 million RMB for the first half of 2015, representing a decline of 180% to 150% compared to the same period last year, which had a profit of 183.25 million RMB [3]. - The performance forecast revision has not been audited by a registered accountant, and the final data will be confirmed in the company's 2015 semi-annual report [4][7]. - The company expressed sincere apologies to investors for any inconvenience caused by the performance forecast revision and urged caution in investment decisions [7]. Sales and Revenue - The sales revenue for the second quarter increased by 443 million RMB, with a gross profit margin growth of 26% [5]. - Despite a 3.2 million ton increase in product sales volume, the sales revenue decreased by approximately 83 million RMB due to a significant drop in average market prices, with acrylic acid prices down by 40.15% and butyl acrylate prices down by 34.62% [5]. Operational Strategy - The company adjusted its operational strategy in the second quarter following losses in the first quarter, leading to improved profitability in its propylene and downstream polymer products [5].

浙江卫星石化股份有限公司 2014 年年度报告全文 浙江卫星石化股份有限公司 2014 年年度报告 2015 年 04 月 1 浙江卫星石化股份有限公司 2014 年年度报告全文 第一节 重要提示、目录和释义 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、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。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 4 浙江卫星石化股份有限公司 2014 年年度报告全文 重大风险提示 报告期内暂无可能对公司未来发展战略和经营目标产生不利影响的重大风 险。 公司负责人马国林、主管会计工作负责人王满英及会计机构负责人(会计主 管人员)陈蕴玉声明：保证年度报告中财务报告的真实、准确、完整。 2 | 第一节 | 重要提示、目录和释义 6 | | --- | --- | | 第二节 | 公司简介 8 | | 第三节 | 会计数据和财务指标摘要 10 | | 第四节 | 董事会报告 28 | | 第五节 | 重要事项 33 | | 第六节 | 股份变动及股东情况 39 | | ...

浙江卫星石化股份有限公司 2015 年第一季度报告正文 证券代码：002648 证券简称：卫星石化 公告编号：2015-010 2 浙江卫星石化股份有限公司 2015 年第一季度报告正文 浙江卫星石化股份有限公司 第二节 主要财务数据及股东变化 2015 年第一季度报告正文 1 浙江卫星石化股份有限公司 2015 年第一季度报告正文 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人马国林、主管会计工作负责人王满英及会计机构负责人(会计主 管人员)陈蕴玉声明：保证季度报告中财务报表的真实、准确、完整。 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 843,556,968.60 | 745,425,738.21 | 13.16% | ...

Financial Performance - The company expects a net loss attributable to shareholders between -163.43 million and -118.04 million RMB for Q1 2015, representing a decline of 280% to 230% compared to the same period last year, which had a profit of 90.79 million RMB[3] - The decline in performance is primarily due to a significant drop in product prices influenced by falling international crude oil prices and market pessimism[5] Operational Updates - The company's full subsidiary, Zhejiang Satellite Energy Co., Ltd., underwent a planned maintenance shutdown for its 450,000-ton PDH project in February 2015, which lasted for one month[5] - Sales were largely stagnant during the Spring Festival holiday due to early shutdowns in downstream industries, but demand and product prices have shown significant recovery towards the end of the quarter[5]