三友化工(600409) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥5.32 billion, a decrease of 1.53% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was approximately ¥67.08 million, down 65.18% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥41.06 million, a decline of 78.77% compared to the previous year[2]. - Basic earnings per share for Q3 2024 were ¥0.0325, a decrease of 65.20% year-on-year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 16,077,908,159.01, a decrease of 2.05% compared to CNY 16,414,664,008.61 in the same period of 2023[14]. - Net profit for the first three quarters of 2024 was CNY 550,677,847.71, compared to CNY 630,037,760.66 in 2023, indicating a decline of 12.63%[15]. - The net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 394,728,657.30, an increase of 13.51% from CNY 347,760,830.46 in 2023[16]. - Basic earnings per share for the first three quarters of 2024 were CNY 0.1912, up from CNY 0.1685 in the same period of 2023, representing an increase of 13.06%[16]. - The total comprehensive income for the first three quarters of 2024 was CNY 425,432,268.82, significantly lower than CNY 1,129,694,465.06 in the previous year[24]. Assets and Liabilities - Total assets at the end of Q3 2024 were approximately ¥26.15 billion, an increase of 2.19% from the end of the previous year[3]. - Shareholders' equity attributable to the parent company at the end of Q3 2024 was approximately ¥13.77 billion, up 1.60% from the previous year[3]. - The company's current assets decreased to RMB 7,625,790,644.86 from RMB 7,807,387,370.65, indicating a decline of about 2.3%[11]. - Total liabilities as of the end of the third quarter of 2024 were CNY 10,911,118,578.85, compared to CNY 10,626,377,711.64 at the end of the same period in 2023, an increase of 2.68%[15]. - The total liabilities decreased to CNY 3,074,000,000.00 as of September 30, 2024, compared to CNY 3,200,000,000.00 at the end of 2023[21]. - The total liabilities decreased from CNY 4,677,500,898.57 in the previous year to CNY 3,980,133,766.14, reflecting a reduction of approximately 14.85%[22]. - The total equity increased from CNY 9,892,790,698.18 to CNY 10,147,700,524.64, representing a growth of about 2.58%[22]. Cash Flow - The company reported a net cash flow from operating activities of approximately ¥1.19 billion for the year-to-date, an increase of 8.04% compared to the same period last year[2]. - The net cash flow from operating activities for Q3 2024 was CNY 1,188,478,913.35, an increase of 8.0% compared to CNY 1,100,035,860.11 in Q3 2023[18]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 763,178,084.62, compared to CNY 797,050,523.28 in the same period of 2023, indicating a decline of 4.26%[25]. - Total cash inflow from financing activities decreased to CNY 2,149,973,128.96 in Q3 2024 from CNY 3,040,947,426.09 in Q3 2023, representing a decline of 29.4%[19]. - The net cash flow from investing activities was -CNY 647,170,351.24 in Q3 2024, worsening from -CNY 164,676,475.30 in Q3 2023[19]. Operational Challenges - The decline in net profit was primarily due to industry capacity expansion, high raw material prices, and insufficient downstream demand[5]. - The company’s major products experienced weak price adjustments, particularly in the soda ash sector, which faced significant price declines[5]. - The company reported a decrease in investment income from CNY 506,648,585.15 in 2023 to CNY 148,830,140.88 in 2024, a decline of approximately 70.70%[24]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 440,723,075.47, slightly down from CNY 449,430,664.71 in 2023, a decrease of 1.58%[15]. - Research and development expenses for the first three quarters of 2024 were CNY 131,403,831.64, slightly down from CNY 134,936,635.84 in the previous year[23]. Company Information - 唐山三友化工股份有限公司在2024年第三季度首次执行新会计准则[26]. - 公司负责人为王春生，董事会于2024年10月26日发布报告[26].