Financial Performance - The company's operating revenue for Q3 2024 was CNY 22,462,479 thousand, a decrease of 9.87% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 6,627 thousand, down 97.53% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,632 thousand, a decrease of 95.22% compared to the previous year[3]. - The basic earnings per share for the reporting period was CNY 0.001, a decrease of 96.00% year-on-year[3]. - The diluted earnings per share for the reporting period was also CNY 0.001, reflecting the same percentage decrease[3]. - Total operating revenue for the first three quarters of 2024 was CNY 65,995,285, a decrease of 5.4% compared to CNY 69,859,201 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 reached CNY 39,916, compared to a net loss of CNY 716,658 in the same period of 2023, marking a significant turnaround[15]. - Operating profit for the first three quarters of 2024 was CNY 93,067, compared to an operating loss of CNY 771,134 in the same period of 2023[15]. - The company reported a total comprehensive income of CNY 48,476 for the first three quarters of 2024, compared to a total comprehensive loss of CNY 674,048 in the same period of 2023[16]. - Earnings per share for the first three quarters of 2024 were CNY 0.003, compared to a loss per share of CNY -0.067 in the same period of 2023[16]. Cash Flow and Assets - The net cash flow from operating activities was CNY 10,083,631 thousand, with no applicable year-on-year comparison[3]. - Cash flow from operating activities generated a net amount of CNY 10,425,601 in the first three quarters of 2024, compared to a negative cash flow of CNY 888,316 in the same period of 2023[17]. - Cash and cash equivalents increased to RMB 15,375,779,000 from RMB 5,607,013,000, representing a growth of approximately 173.5%[13]. - Cash and cash equivalents at the end of the third quarter of 2024 totaled CNY 11,516,382, up from CNY 5,742,344 at the end of the same period in 2023[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 45,189,264 thousand, an increase of 13.95% from the end of the previous year[4]. - Current assets reached RMB 24,370,107,000, up from RMB 15,454,832,000, indicating a significant increase of about 57.5%[13]. - Total liabilities rose to RMB 20,353,797,000 from RMB 14,715,337,000, marking an increase of about 38.5%[14]. - The company's equity attributable to shareholders decreased slightly to RMB 24,731,866,000 from RMB 24,824,929,000, a decline of approximately 0.4%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 89,489, with the largest shareholder being Sinopec Limited holding 5,459,455,000 shares, representing 51.14% of total shares[10]. - The second-largest shareholder, Hong Kong Central Clearing (Agent) Limited, held 3,346,317,000 shares, accounting for 31.35%[10]. - The company has no known related party relationships among the top shareholders, ensuring independent shareholder actions[10]. Non-Recurring Items and Expenses - Non-recurring gains and losses for the reporting period totaled CNY -7,005 thousand, with significant impacts from asset disposal losses and other operating income[5]. - Research and development expenses increased to CNY 193,894 in the first three quarters of 2024, up from CNY 112,338 in the same period of 2023, reflecting a focus on innovation[15]. Future Outlook - The company plans to implement new accounting standards starting in 2024, which may impact financial reporting[19].
上海石油化工股份(00338) - 2024 Q3 - 季度业绩