湘潭电化(002125) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥527,603,000.75, a decrease of 10.52% compared to the same period last year[2]. - Net profit attributable to shareholders for the same period was ¥90,262,714.01, down by 0.69% year-on-year[2]. - The net profit excluding non-recurring gains and losses was ¥88,541,984.62, showing a slight increase of 0.32% compared to the previous year[2]. - The net profit for Q3 2024 was CNY 241,659,804.72, an increase from CNY 228,458,829.42 in Q3 2023, representing a growth of approximately 5.3%[15]. - The total operating income for the period was CNY 276,725,589.10, compared to CNY 249,431,015.93 in the same quarter last year, indicating an increase of about 10.9%[15]. - The total comprehensive income for the period was CNY 242,037,345.85, compared to CNY 228,458,829.42 in Q3 2023, reflecting an increase of approximately 5.9%[15]. - The basic and diluted earnings per share for Q3 2024 were both CNY 0.39, up from CNY 0.38 in the same quarter last year, indicating a growth of about 2.6%[15]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,839,799,817.70, reflecting a decrease of 3.54% from the end of the previous year[2]. - Total assets decreased to CNY 4,839,799,817.70 from CNY 5,017,246,028.93, a decline of 3.5%[13]. - Current assets totaled CNY 1,380,192,810.52, down 18.3% from CNY 1,690,239,519.21 at the beginning of the period[12]. - Total liabilities decreased to CNY 1,862,155,825.80 from CNY 2,179,439,545.13, a reduction of 14.5%[12]. - The company reported a significant reduction in short-term borrowings, which fell to CNY 364,391,608.00 from CNY 514,364,957.82, a decrease of 29.1%[12]. - The company’s total liabilities increased, with cash outflows for debt repayment amounting to CNY 996,290,047.15, compared to CNY 953,283,249.40 in Q3 2023, an increase of approximately 4.5%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥236,131,429.14, an increase of 51.89% compared to the same period last year[2]. - Cash flow from operating activities generated a net amount of CNY 236,131,429.14, up from CNY 155,466,463.54 in the previous year, reflecting a growth of approximately 51.7%[16]. - The company reported cash inflows from financing activities totaling CNY 888,520,000.00, down from CNY 1,145,598,000.00 in Q3 2023, a decrease of about 22.5%[17]. - The cash and cash equivalents at the end of the period stood at CNY 299,434,554.34, compared to CNY 285,522,351.95 at the end of Q3 2023, showing a slight increase of approximately 4.9%[17]. - Cash and cash equivalents decreased to CNY 328,056,427.47 from CNY 480,600,579.18, a reduction of 31.7%[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 51,906[7]. - The largest shareholder, Xiangtan Electric Chemical Group Co., Ltd., holds 29.54% of shares, totaling 185,928,027 shares[7]. - The second-largest shareholder, Xiangtan Zhenxiang State-owned Assets Management Investment Co., Ltd., holds 12.69% of shares, totaling 79,885,370 shares[7]. - The top 10 shareholders account for a significant portion of the total share capital, with the largest shareholder's stake being 29.54%[9]. - The total number of shares held by the top 10 unrestricted shareholders is 285,000,000 shares[8]. - The total number of preferred shareholders and their holdings is not applicable in this report[10]. - The company has not reported any changes in the top 10 shareholders due to securities lending activities[9]. Investments and Projects - The company reported a significant increase in construction in progress, up by 86.92% due to the addition of a 30,000-ton lithium manganese oxide project[4]. - The company signed a debt-for-assets agreement with the Yue Tang Economic Development Zone Management Committee, involving a compensation payment of 149.81 million CNY[10]. - The company acquired an asset valued at 150 million CNY, paying only the excess amount of 190,100 CNY beyond the compensation[10]. - The company has completed the auction procedures for the asset and has relocated to a new office[10]. Operating Costs - Total operating costs amounted to CNY 1,146,370,062.64, down 20.9% from CNY 1,447,770,958.63 year-on-year[14]. - The company experienced a decrease in cash inflows from sales of goods and services, which totaled CNY 1,064,066,465.36, down from CNY 1,206,621,740.66 in the previous year, a decline of about 11.7%[16]. - The company reported a tax expense of CNY 34,794,681.55 for the quarter, up from CNY 22,996,835.71 in the same period last year, representing an increase of about 51.2%[15].