方大炭素(600516) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 798,987,033.98, a decrease of 36.41% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 84,515,005.66, down 18.27% year-on-year[2] - Net profit excluding non-recurring gains and losses for Q3 2024 was CNY -41,056,045.10, a decline of 140.13% compared to the same period last year[2] - Operating cash flow for Q3 2024 was CNY 236,684,237.06, a decrease of 36.63% year-on-year[2] - Basic earnings per share for the year-to-date period was CNY 0.0213, down 17.12% compared to the previous year[3] - Diluted earnings per share for the year-to-date period was CNY 0.0213, down 17.12% year-on-year[3] - Weighted average return on equity decreased to 0.49%, down 0.12 percentage points from the previous year[3] - The decline in revenue and net profit was attributed to a drop in product prices during the reporting period[6] - The net profit for the third quarter of 2024 was CNY 242,178,577.54, a decrease of 38.7% compared to CNY 395,288,713.38 in the same period of 2023[21] - The total profit for the third quarter of 2024 was CNY 317,613,206.62, down from CNY 475,713,277.71 in the same quarter of 2023, a decrease of 33.2%[21] - Basic earnings per share for the third quarter of 2024 were CNY 0.0646, compared to CNY 0.0972 in the same period of 2023, a decline of 33.4%[22] - The total comprehensive income attributable to the owners of the parent company for the third quarter of 2024 was CNY 256,605,455.03, down from CNY 384,293,098.84 in the same quarter of 2023, a decrease of 33.1%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,279,928,822.24, a decrease of 1.97% from the end of the previous year[3] - The total current assets decreased to ¥10,264,490,384.97 from ¥10,671,825,270.09, representing a decline of about 3.81%[16] - The company's total revenue for the first three quarters of 2024 was ¥3,150,858,656.23, down from ¥3,877,347,497.96 in the same period of 2023, indicating a decrease of approximately 18.71%[18] - The total operating costs for the first three quarters of 2024 were ¥2,934,588,506.67, compared to ¥3,587,418,971.54 in 2023, showing a reduction of about 18.19%[18] - The cash and cash equivalents increased to ¥6,457,280,174.32 from ¥6,191,289,792.28, marking an increase of approximately 4.30%[16] - The accounts receivable decreased to ¥528,087,747.94 from ¥554,633,294.53, a decline of about 4.80%[16] - The inventory decreased significantly to ¥1,561,772,289.58 from ¥1,867,205,104.86, reflecting a decrease of approximately 16.34%[16] - The non-current liabilities totaled ¥429,358,802.40, a significant decrease from ¥1,084,824,135.96, indicating a reduction of approximately 60.43%[18] - The company's short-term borrowings increased to ¥559,466,229.27 from ¥431,485,273.89, representing an increase of about 29.66%[17] - The total equity attributable to shareholders decreased slightly to ¥17,057,256,797.77 from ¥17,073,727,316.17, a decrease of approximately 0.10%[18] Shareholder Activities - As of September 30, 2024, the company repurchased 81,323,201 shares, accounting for 2.02% of the total share capital[10] - The company plans to repurchase shares with a total amount not less than RMB 500 million and not exceeding RMB 1 billion, with a revised maximum repurchase price of RMB 6.33 per share[13] - The company has accumulated a total of 16,109,884.5 shares repurchased, which is 4.00% of the total share capital, with a total payment of RMB 810.305281 million[13] - The top shareholder, Liaoning Fangda Group Industrial Co., Ltd., holds 1,524,413,321 shares, representing a significant portion of the company's equity[9] - The company reported a 1.27% holding by China Agricultural Bank Co., Ltd. - CSI 500 ETF, with 50,977,623 shares as of the end of the reporting period[10] - The company has not reported any shares lent out for margin trading as of the end of the reporting period[10] - The company’s shareholder structure indicates a lack of significant changes in the top 10 shareholders due to margin trading activities[11] Cash Flow and Financing - The net cash flow from operating activities for the first nine months of 2024 was CNY 558,245,580.80, compared to CNY 713,211,175.83 in the same period of 2023, reflecting a decrease of 21.7%[24] - The company reported a significant increase in cash inflow from investment activities, totaling CNY 3,706,922,770.31 in the first nine months of 2024, compared to CNY 1,790,099,527.03 in the same period of 2023, marking an increase of 106.5%[24] - The company reported a net cash outflow from investment activities of CNY 57,804,189.10 for the first nine months of 2024, contrasting with a net inflow of CNY 991,888,881.00 in the same period of 2023[24] - The company received tax refunds amounting to CNY 6,659,019.82 in the first nine months of 2024, compared to CNY 11,123,865.25 in the same period of 2023, a decrease of 40.5%[24] - Cash inflow from financing activities totaled CNY 625,155,787.24, a decrease from CNY 2,326,164,156.28 in the previous period[25] - Cash outflow from financing activities amounted to CNY 924,089,841.61, compared to CNY 879,086,722.56 in the prior year[25] - Net cash flow from financing activities was negative at CNY -298,934,054.37, contrasting with a positive CNY 1,447,077,433.72 in the same period last year[25] - The net increase in cash and cash equivalents was CNY 207,644,577.40, significantly lower than CNY 3,153,114,216.13 previously[25] - The ending balance of cash and cash equivalents reached CNY 6,324,831,584.26, up from CNY 6,093,047,613.49 last year[25]