川恒股份(002895) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥1,489,336,611.12, an increase of 24.98% year-over-year, while year-to-date revenue totaled ¥3,973,469,967.52, up 29.36% compared to the same period last year[1] - Net profit attributable to shareholders was ¥318,485,805.79, reflecting a 45.97% increase year-over-year, with a year-to-date net profit of ¥672,160,819.11, up 36.75%[1] - Basic earnings per share for Q3 2024 was ¥0.5903, a 33.28% increase year-over-year, and year-to-date earnings per share was ¥1.2448, up 25.89%[1] - The net profit for Q3 2024 reached CNY 670,827,721.19, an increase of 32.2% compared to CNY 507,528,983.27 in Q3 2023[19] - The total operating profit for the quarter was CNY 851,840,569.49, up from CNY 635,366,586.70, reflecting a growth of 33.9% year-over-year[19] - Total comprehensive income for the quarter was CNY 670,838,616.32, compared to CNY 507,438,898.64 in Q3 2023, marking an increase of 32.1%[19] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥12,809,806,131.77, representing a 6.53% increase from the end of the previous year[1] - The company’s total liabilities increased, with short-term borrowings decreasing by 36.44% due to repayments, while contract liabilities rose by 64.17% due to increased pre-sales[4][5] - Total liabilities amounted to CNY 5,835,170,851.23, compared to CNY 5,703,058,837.19, reflecting a rise of about 2.3%[17] - The company's total equity increased to CNY 6,974,635,280.54 from CNY 6,321,435,770.51, representing a growth of approximately 10.4%[17] Cash Flow - The company’s cash flow from operating activities for the year-to-date period was ¥438,143,215.94, an increase of 13.89% compared to the previous year[1] - Cash flow from operating activities amounted to CNY 4,055,135,602.47, compared to CNY 2,876,907,541.16 in the previous year, indicating a significant increase of 41%[20] - The company reported a net cash outflow from investing activities of CNY -966,820,347.04, compared to CNY -849,859,657.89 in the same period last year[21] - The company’s financing activities resulted in a net cash outflow of CNY -127,766,901.96, contrasting with a net inflow of CNY 582,159,793.57 in Q3 2023[21] Operating Costs and Expenses - The company reported a 32.41% increase in operating costs year-over-year, primarily due to higher sales volumes and unit costs of phosphoric acid and calcium dihydrogen phosphate[6] - Total operating costs amounted to CNY 3,097,506,778.98, up from CNY 2,424,588,415.11, indicating a rise of about 27.8%[18] - Research and development expenses increased to CNY 83,447,721.44 from CNY 65,916,899.19, reflecting a growth of approximately 26.5%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,606, with no preferred shareholders[7] - The company’s major shareholder, Sichuan Chuanheng Holdings Group Co., Ltd., holds 51.23% of the shares, with 138,792,700 shares pledged[8] - The company’s top ten shareholders did not participate in margin trading activities, holding a combined 35.06% of shares[9] - The company has repurchased 3,318,406 shares, accounting for 0.61% of the total share capital, with a total repurchase amount of RMB 57,196,449.90[14] Investments and Acquisitions - The company completed the acquisition of a 58.5% stake in Guizhou Qianyuan Geological Survey Design Co., Ltd. for a cash consideration of RMB 82,750.00 million, with RMB 32,750.00 million already paid[10] - The company acquired fixed assets from a related party for RMB 3,800.00 million, with the assessed value of the assets being RMB 3,971.73 million[11] - The company has terminated the use of raised funds for two projects and redirected the remaining funds to a technical transformation project at Guizhou Fulian Mining Co., Ltd.[12] - The company has signed a share transfer agreement with Qianjin Mining, completing the necessary registration procedures for the transfer[10] Other Financial Metrics - The company’s weighted average return on equity was 5.44%, reflecting a slight increase of 0.65% compared to the previous year[1] - Cash and cash equivalents decreased to CNY 1,939,897,660.11 from CNY 2,249,123,098.04, a decline of about 13.7%[16] - Inventory increased to CNY 914,220,063.01 from CNY 776,285,591.87, indicating a growth of approximately 17.7%[16] - Short-term borrowings decreased to CNY 640,767,242.45 from CNY 1,008,195,357.80, a reduction of about 36.4%[16] - The company incurred a total tax expense of CNY 173,009,293.58, which is an increase from CNY 123,315,191.93 in the same quarter last year[19] - The company completed the third-year interest payment for the convertible bonds issued[9] - The company’s stock issuance to specific investors of 40,250,000 shares has completed its lock-up period and is now tradable[9] - The company’s board and supervisory board elections were completed during the reporting period[9]