普利特(002324) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 1,988,070,434, a decrease of 18.87% compared to the same period last year[1] - Net profit attributable to shareholders was CNY 65,141,166.57, down 67.56% year-on-year[1] - Basic earnings per share for the period was CNY 0.0592, a decline of 67.45% compared to the previous year[1] - Total revenue for the third quarter was CNY 5,737,942,631.18, a decrease of 11.7% compared to CNY 6,497,390,801.23 in the same period last year[21] - The net profit for Q3 2024 was CNY 188,261,133.14, a decrease of 55.1% compared to CNY 417,214,650.74 in Q3 2023[22] - The total profit for Q3 2024 was CNY 207,254,656.91, down from CNY 458,969,193.86 in the same period last year, representing a decline of 54.8%[22] - Operating income for Q3 2024 was CNY 210,748,952.39, compared to CNY 458,171,146.10 in Q3 2023, reflecting a decrease of 54.0%[22] - Total comprehensive income for Q3 2024 was CNY 180,881,200.57, a decrease of 58.5% from CNY 435,539,010.77 in Q3 2023[23] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.1902, down from CNY 0.3645 in Q3 2023, a decline of 47.9%[23] Assets and Liabilities - Total assets at the end of the period were CNY 11,616,741,394.23, a decrease of 2.44% from the end of the previous year[2] - Total liabilities decreased to CNY 6,859,377,302.50 from CNY 7,265,758,021.33, reflecting a reduction in financial obligations[20] - The company's equity attributable to shareholders increased to CNY 4,403,316,868.36 from CNY 4,316,249,794.20, indicating growth in shareholder value[20] - Non-current assets rose to CNY 4,491,369,588.12 from CNY 4,036,538,338.63, indicating ongoing investments in long-term assets[18] Cash Flow - Cash flow from operating activities decreased by 39.56% year-to-date, totaling CNY 226,978,621.79[1] - The net cash flow from operating activities decreased by RMB 148.57 million, a decline of 39.56%, mainly due to increased cash payments for goods and services and decreased cash receipts related to operating activities[10] - Cash flow from operating activities for Q3 2024 was CNY 226,978,621.79, down 39.5% from CNY 375,544,254.32 in Q3 2023[25] - Cash inflow from financing activities in Q3 2024 was CNY 1,705,995,342.98, down 43.3% from CNY 3,013,078,776.62 in Q3 2023[26] - The company reported a net cash outflow from investing activities of CNY -462,842,398.47 in Q3 2024, compared to CNY -763,028,576.44 in Q3 2023[26] Operating Costs and Expenses - Total operating costs amounted to CNY 5,622,728,636.64, down from CNY 6,039,552,339.64, reflecting a cost reduction strategy[21] - Research and development expenses were CNY 327,385,371.03, slightly down from CNY 331,856,295.99, highlighting continued investment in innovation[21] Other Financial Metrics - Return on equity was 1.48%, down 4.41% year-on-year[2] - Cash and cash equivalents at the end of Q3 2024 were CNY 616,226,902.27, a decrease of 48.8% from CNY 1,204,681,750.89 at the end of Q3 2023[26] - The balance of cash and cash equivalents decreased by 36.61% to CNY 910.81 million[6] - The company recorded a significant decrease in credit impairment losses, amounting to RMB 1.08 million, a drop of 92.21% compared to the previous period[9] - The company’s income tax expense decreased by RMB 22.76 million, a decline of 54.51%, primarily due to a decrease in total profit and corresponding taxable income[9] - The company experienced a foreign exchange loss of CNY -7,379,932.57 in Q3 2024, contrasting with a gain of CNY 18,324,360.03 in Q3 2023[23] Shareholder Activities - The ending balance of treasury stock is RMB 179.09 million, an increase of RMB 65.33 million, representing a growth of 57.42%, primarily due to the company's share buyback during the reporting period[8] - The company plans to repurchase shares with an amount not less than RMB 50 million and not exceeding RMB 100 million, with a repurchase price not exceeding RMB 18.26 per share[15] - As of September 30, 2024, the company has repurchased a total of 9,066,740 shares, accounting for 0.81% of the total share capital, with a total transaction amount of RMB 74.80 million[15] Investment Performance - The company reported a net loss from investments of CNY -2,047,620.18, compared to a loss of CNY -1,234,304.58 in the previous year, indicating challenges in investment performance[21] - Investment income decreased by RMB 0.81 million, a decline of 65.89%, primarily due to increased investment income from joint ventures and reduced profits from futures trading of polypropylene raw materials[8] - The company experienced a 100% increase in derivative financial assets, reaching CNY 1.73 million due to fluctuations in raw material prices[6] - Deferred income increased by 154.99% to CNY 139.19 million, attributed to government subsidies received[7] - Other income increased by RMB 64.00 million compared to the previous period, with a growth rate of 217.25%, mainly due to an increase in government subsidies and VAT input tax deductions[8]