江南化工(002226) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 reached ¥2,249,386,472.48, an increase of 10.35% compared to the same period last year[2] - Net profit attributable to shareholders was ¥331,965,357.40, representing a significant increase of 73.83% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥259,717,173.28, up 40.31% from the previous year[2] - Total operating revenue for the current period reached ¥6,698,667,871.25, an increase of 3.48% compared to ¥6,473,662,605.03 in the previous period[11] - Net profit for the current period was ¥941,272,261.01, representing a growth of 10.12% from ¥854,864,026.95 in the previous period[12] - The total comprehensive income for Q3 2024 reached ¥942,235,721.61, compared to ¥884,424,740.29 in Q3 2023, indicating an increase of about 6.5%[13] - The basic and diluted earnings per share for Q3 2024 were both ¥0.2830, up from ¥0.2643 in the previous year, reflecting a growth of approximately 7.0%[13] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥17,774,003,462.54, reflecting a growth of 6.12% compared to the end of the previous year[2] - The company's total liabilities reached ¥7,134,448,204.18, an increase from ¥6,883,155,532.27, indicating a growth of 3.64%[10] - Non-current liabilities totaled ¥3,112,183,353.43, up from ¥2,699,146,249.91, reflecting a significant increase of 15.31%[10] - The total number of common shareholders at the end of the reporting period is 56,753[6] - The largest shareholder, North Special Energy Group Co., Ltd., holds 19.70% of shares, totaling 521,869,961 shares[6] Cash Flow - Cash flow from operating activities for the year-to-date was ¥706,781,635.43, an increase of 4.88% compared to the same period last year[2] - Cash flow from operating activities for Q3 2024 was ¥706,781,635.43, compared to ¥673,893,792.06 in Q3 2023, marking an increase of about 4.9%[14] - Cash flow from investing activities showed a net outflow of ¥471,510,689.82 in Q3 2024, an improvement from a net outflow of ¥1,327,059,395.26 in the same period last year[14] - Cash flow from financing activities resulted in a net outflow of ¥292,472,920.36 in Q3 2024, contrasting with a net inflow of ¥240,608,369.40 in Q3 2023[15] - The total cash and cash equivalents at the end of Q3 2024 were ¥1,804,516,874.10, down from ¥1,900,781,610.43 at the end of Q3 2023[15] Expenses and Investments - Total operating costs amounted to ¥5,618,197,240.01, up from ¥5,477,202,363.90, reflecting a year-over-year increase of 2.58%[12] - Research and development expenses increased to ¥209,672,188.50, compared to ¥168,053,590.46, marking a rise of 24.83%[12] - The company reported a significant increase in prepayments, which rose by 84.85% to ¥319,755,639.32 due to increased material and accessory payments[4] - The company’s short-term borrowings increased by 78.70% to ¥905,495,427.83, attributed to additional financing from financial institutions[4] - The company reported a decrease in employee compensation payable to ¥191,583,017.95 from ¥210,117,911.19, a reduction of 8.73%[10] Inventory and Receivables - Accounts receivable increased significantly to 4,230,767,127.75 RMB from 3,383,261,757.23 RMB[9] - Inventory increased to 693,073,586.72 RMB from 586,869,157.36 RMB[9] - The company's total current assets as of September 30, 2024, amount to 8,612,245,800.56 RMB, an increase from 7,602,869,570.20 RMB at the beginning of the period[9] - Cash and cash equivalents decreased to 1,862,878,874.10 RMB from 1,940,601,594.59 RMB[9] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies, as indicated by the increase in R&D spending[12]