宜宾纸业(600793) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥347,925,468.26, representing a decrease of 13.80% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was a loss of ¥50,792,897.02, with a year-to-date loss of ¥129,650,280.93[2]. - The basic earnings per share for Q3 2024 was -¥0.2871, with a year-to-date figure of -¥0.7329[2]. - The weighted average return on net assets for Q3 2024 was -10.68%, reflecting a decline due to decreased product gross margins[6]. - The company reported a net loss of CNY -135,276,948.59 for the first three quarters of 2024, compared to a loss of CNY -5,626,667.66 in the same period of 2023[13]. - The net profit for the third quarter of 2024 was -129,650,280.93 CNY, compared to -59,489,998.92 CNY in the same period of 2023, indicating a significant increase in losses[16]. - The total profit (loss) for the period was -129,842,825.24 CNY, compared to -59,344,598.59 CNY in the previous year, indicating a significant increase in losses[16]. Cash Flow and Liquidity - The cash flow from operating activities for Q3 2024 was ¥16,570,073.37, down 85.66% year-on-year[6]. - Cash flow from operating activities generated a net amount of 91,519,776.76 CNY, down from 217,743,035.40 CNY in the same period last year, representing a decline of approximately 58%[19]. - Cash flow from investing activities resulted in a net outflow of -55,898,188.60 CNY, compared to -3,450,123.42 CNY in the previous year, indicating increased investment losses[20]. - Cash flow from financing activities generated a net inflow of 2,478,566.24 CNY, contrasting with a net outflow of -225,540,606.27 CNY in the same period last year, showing improved financing conditions[20]. - The net increase in cash and cash equivalents for the third quarter of 2024 was approximately ¥38.09 million, compared to a decrease of ¥11.13 million in the same period last year[21]. - The cash and cash equivalents at the beginning of the period were ¥28.33 million, while the ending balance increased to ¥66.42 million[21]. - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of ¥11.15 million[21]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥2,393,639,191.47, a decrease of 7.13% from the end of the previous year[3]. - Total liabilities decreased to CNY 1,943,387,969.91 from CNY 1,997,515,121.38, reflecting a decline of 2.7%[13]. - The company's total equity attributable to shareholders decreased to CNY 450,251,221.56 from CNY 579,901,502.49, a decline of 22.3%[13]. - Non-current assets totaled CNY 1,950,446,846.98, slightly down from CNY 1,985,880,366.96[12]. - Total assets decreased to CNY 2,393,639,191.47 from CNY 2,577,416,623.87, a reduction of 7.1%[12]. Sales and Costs - The company experienced a significant decline in product sales and prices, impacting overall profitability[6]. - Total operating revenue for the first three quarters of 2024 was CNY 1,084,968,100.19, a decrease of 13.8% compared to CNY 1,258,602,711.79 in the same period of 2023[14]. - Total operating costs for the first three quarters of 2024 were CNY 1,197,524,645.12, down 9.5% from CNY 1,323,904,354.63 in the previous year[14]. - Total revenue from sales and services received was 1,209,898,961.62 CNY, a decrease from 1,829,817,227.82 CNY, indicating a decline of about 34% year-over-year[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,961[7]. - Shareholders' equity attributable to the parent company decreased by 22.36% to ¥450,251,221.56 compared to the end of the previous year[3]. Research and Development - Research and development expenses rose to 18,081,984.95 CNY, up from 6,855,075.15 CNY, reflecting a 163% increase year-over-year[16]. Financial Expenses - The company incurred financial expenses of 34,162,610.99 CNY, down from 46,812,362.04 CNY, marking a reduction of approximately 27%[16]. Operational Performance - Operating profit for the third quarter was -139,862,099.46 CNY, compared to -66,299,301.75 CNY in the previous year, showing a worsening operational performance[16]. Non-recurring Gains and Losses - Non-recurring gains and losses for the current period amounted to ¥2,690,326.96, down from ¥15,913,882.64 in the previous year[5].