阳煤化工(600691) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,755,168,843.37, a decrease of 26.77% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥100,649,884.75, representing a decline of 575.84% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥114,164,997.58, a decrease of 539.22% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was -¥0.0424, down 573.02% from the same period last year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 7,917,721,972.29, a decrease of 27.5% compared to CNY 10,984,335,845.79 in the same period of 2023[14]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was a loss of CNY 387,075,446.71, compared to a loss of CNY 230,030,795.79 in the same period of 2023[16]. - The total comprehensive income for the first three quarters of 2024 was a loss of CNY 468,980,462.51, compared to a loss of CNY 351,197,455.71 in the same period of 2023[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥20,366,966,084.51, a decrease of 9.56% from the end of the previous year[2]. - The equity attributable to shareholders at the end of the reporting period was ¥4,267,842,937.34, down 8.15% from the previous year[2]. - As of September 30, 2024, current assets totaled CNY 10,200,710,972.98, a decrease of 15.0% from CNY 11,986,534,804.81 at the end of 2023[10]. - Total liabilities decreased to CNY 16,333,997,902.57, down 9.4% from CNY 18,027,330,261.17[12]. - The company's total assets were CNY 20,366,966,084.51, a decrease of 9.6% from CNY 22,520,638,810.24[13]. - Short-term borrowings decreased to CNY 7,551,150,000.00, down 23.0% from CNY 9,805,333,641.63[12]. - The total equity attributable to shareholders decreased to CNY 4,267,842,937.34 from CNY 4,646,292,824.72, a decline of 8.2%[13]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥206,477,707.69, a decline of 346.60% compared to the previous year[2]. - Cash inflow from operating activities totaled CNY 9,608,666,197.26 in the first three quarters of 2024, down from CNY 10,448,561,030.74 in 2023, a decline of 8.0%[17]. - The net cash flow from operating activities was -206,477,707.69, a significant decrease compared to 83,728,961.74 in the previous year[18]. - The company reported a total cash outflow from operating activities of 9,815,143,904.95, compared to 10,364,832,069.00 in the previous year[18]. - Cash inflow from financing activities totaled 9,079,577,319.60, up from 5,313,352,472.52 in the same period last year[18]. - Cash outflow from financing activities increased to 9,468,277,594.49, compared to 5,471,144,429.96 in the previous year[18]. - The net cash flow from investing activities was -187,697,845.95, worsening from -143,332,496.49 year-over-year[18]. - The total cash and cash equivalents at the end of the period were 1,775,849,192.84, down from 2,454,831,353.21 at the end of the previous year[18]. Operational Metrics - The company experienced a significant decline in gross profit margins for products such as urea and polyvinyl chloride, impacting overall profitability[5]. - The company reported a total of ¥13,671,808.96 in government subsidies recognized in the current period, contributing to its non-recurring gains[4]. - Research and development expenses increased to CNY 186,905,604.52 in Q3 2024, compared to CNY 180,241,721.02 in Q3 2023, reflecting a growth of 3.7%[15]. - Financial expenses decreased to CNY 252,447,865.27 in Q3 2024 from CNY 278,854,399.42 in Q3 2023, a reduction of 9.5%[15]. - Other income increased significantly to CNY 66,604,096.98 in Q3 2024 from CNY 18,608,504.46 in Q3 2023, marking an increase of 258.5%[15]. - The company reported a net cash outflow of CNY 1,018,012,095.50 for employee payments in the first three quarters of 2024, compared to CNY 755,280,393.31 in 2023, an increase of 34.8%[17]. - The company received cash from borrowings amounting to 7,253,718,751.04, significantly higher than 3,525,087,010.00 in the same quarter last year[18]. - The company paid 9,142,160,341.10 in debt repayments, an increase from 4,760,406,675.01 in the previous year[18]. Accounting Standards - The company did not apply new accounting standards for the current financial report[19].