亚星化学(600319) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 205,355,296.32, a decrease of 4.31% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY -32,314,609.62, representing a decline of 198.97% year-on-year[5]. - The basic and diluted earnings per share for Q3 2023 were both CNY -0.08, down 180.00% from the previous year[6]. - The weighted average return on equity decreased to -5.60%, a drop of 17.26 percentage points compared to the previous year[6]. - The company reported a 225.75% decrease in net profit attributable to shareholders for the year-to-date period, influenced by intensified industry competition and weak downstream demand[10]. - The company reported an operating loss of CNY -79,038,884.99 for the first three quarters of 2023, compared to an operating profit of CNY 66,179,700.40 in the same period of 2022[21]. - The net profit for Q3 2023 was -78,922,452.51 RMB, compared to a net profit of 62,491,903.19 RMB in Q3 2022, indicating a significant decline[22]. - The company incurred operating expenses of 623,831,718.29 RMB in Q3 2023, compared to 562,626,235.39 RMB in Q3 2022, representing an increase of about 10.9%[24]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to CNY 2,151,687,198.67, an increase of 12.38% from the end of the previous year[6]. - Non-current assets totaled CNY 1,830,736,087.45, an increase from CNY 1,600,036,250.94 in the previous year[19]. - Total liabilities increased to CNY 1,589,209,338.23 from CNY 1,276,882,108.96, marking a growth of 24.4%[20]. - The company's total assets reached CNY 2,151,687,198.67, up from CNY 1,914,633,538.98, representing a growth of 12.4%[21]. Cash Flow - The net cash flow from operating activities showed a significant decline of 180.39% year-to-date[10]. - The total operating cash inflow for the first nine months of 2023 was 498,571,932.65 RMB, down from 718,431,927.77 RMB in the same period of 2022, reflecting a decrease of approximately 30.6%[24]. - The net cash flow from operating activities for Q3 2023 was -125,259,785.64 RMB, compared to a positive cash flow of 155,805,692.38 RMB in Q3 2022[24]. - The total cash inflow from financing activities in the first nine months of 2023 was 1,154,450,000.00 RMB, an increase from 788,804,773.13 RMB in the same period of 2022[24]. - The net cash flow from investing activities for Q3 2023 was -237,375,479.53 RMB, compared to a positive cash flow of 42,921,666.56 RMB in Q3 2022[24]. Revenue and Costs - In the first three quarters of 2023, the company achieved a total revenue of 624 million RMB, representing a year-on-year growth of 1.26%[14]. - Total operating revenue for the first three quarters of 2023 reached CNY 624,253,955.79, a slight increase of 1.22% compared to CNY 616,495,379.62 in the same period of 2022[21]. - Total operating costs increased significantly to CNY 705,221,845.37, up 20.83% from CNY 583,659,760.91 in the previous year[21]. - The total revenue from sales of goods and services for the first nine months of 2023 was 472,455,958.56 RMB, compared to 413,505,778.45 RMB in the same period of 2022, showing an increase of approximately 14.2%[23]. Investments and Projects - The company introduced proprietary technology valued at CNY 144 million, contributing to a 95.03% increase in intangible assets[10]. - The company plans to invest in a new 45,000 tons/year high-end new materials project, pending shareholder approval[16]. - The company’s subsidiary has completed the first 1MW/4MWh all-vanadium flow battery project, which has been delivered for operation[16]. - The 15,000 tons/year hydrogen peroxide project began trial operation in September 2023[15]. - The company’s 50,000 tons/year CPE and 120,000 tons/year ion membrane caustic soda projects have been completed and are operational[15]. Shareholder Information - The company's major shareholders include Weifang City Urban Construction Development Investment Group, holding 28.92% of shares[12]. - The top ten shareholders collectively hold 35.06% of the voting rights in the company[13]. - The company is actively participating in the integration business for a 1MW/6MWh all-vanadium flow battery project with State Power Investment Corporation[16].