Workflow
泰山石油(000554) - 2024 Q3 - 季度财报
TSPCTSPC(SZ:000554)2024-10-30 08:17

Revenue and Profit - Revenue for Q3 2024 was ¥854,446,971.48, a decrease of 16.18% year-over-year, while year-to-date revenue reached ¥2,537,147,488.16, down 5.79% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥17,388,359.39, an increase of 72.16% year-over-year, with year-to-date net profit at ¥53,312,587.87, up 127.91%[2]. - Basic earnings per share for Q3 2024 was ¥0.0362, reflecting a 72.22% increase year-over-year, while diluted earnings per share also stood at ¥0.0362[2]. - Total operating revenue for Q3 2024 was ¥2,537,147,488.16, a decrease of 5.8% compared to ¥2,692,983,235.38 in Q3 2023[13]. - Net profit for Q3 2024 reached ¥53,938,961.69, representing a significant increase of 125.6% from ¥23,918,184.95 in Q3 2023[14]. - Earnings per share for Q3 2024 was ¥0.1109, up from ¥0.0487 in the same period last year, indicating a growth of 127.5%[15]. Cash Flow and Operating Activities - Cash flow from operating activities for the year-to-date period increased significantly by 404.43%, totaling ¥411,766,689.46[2]. - Cash flow from operating activities was ¥2,875,711,217.41, down 10.5% from ¥3,214,575,882.51 in Q3 2023[16]. - The net cash flow from operating activities for Q3 2024 was ¥411,766,689.46, a significant improvement compared to a net cash outflow of ¥135,259,709.24 in Q3 2023[17]. - Total cash outflow from operating activities amounted to ¥2,464,048,827.16, down from ¥3,353,410,575.70 in the same period last year[17]. Assets and Liabilities - Total assets as of the end of Q3 2024 were ¥1,878,807,068.46, representing a 4.77% increase from the end of the previous year[2]. - The company's total equity increased to ¥1,001,277,172.38 in Q3 2024 from ¥958,794,681.10 in Q3 2023, marking a growth of 4.4%[13]. - Total liabilities increased to ¥877,529,896.08 in Q3 2024 from ¥834,494,894.22 in Q3 2023, reflecting a rise of 5.2%[13]. - The company’s total liabilities increased, with tax payable rising by 330.32% compared to the beginning of the year[5]. - The total non-current assets decreased to ¥959,933,581.78 from ¥1,004,874,564.04, a reduction of about 4.5%[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,752[9]. - The largest shareholder, China Petroleum & Chemical Corporation, holds 24.57% of the shares, totaling 118,140,121 shares[9]. - The company has no preferred shareholders or significant changes in shareholder relationships reported[10]. Expenses and Costs - Total costs for Q3 2024 were ¥2,461,958,726.53, a decrease of 7.2% compared to ¥2,652,492,913.28 in Q3 2023[14]. - The company reported a significant increase in sales expenses to ¥148,156,517.57 from ¥138,145,784.22, indicating a focus on market expansion[14]. - The cash paid to employees increased to ¥74,706,107.61 from ¥38,419,889.01 year-over-year[17]. - The total tax payments made were ¥100,025,371.61, down from ¥141,080,597.91 in Q3 2023[17]. Cash and Cash Equivalents - The company’s cash and cash equivalents saw a net increase of 1286.08% year-over-year, primarily due to the increase in cash flow from operating activities[8]. - Cash and cash equivalents at the end of Q3 2024 reached ¥422,946,816.51, compared to ¥116,620,668.18 at the end of Q3 2023[17]. - The company's cash and cash equivalents increased to ¥422,946,816.51 from ¥106,787,670.94 at the beginning of the period, representing a growth of approximately 296%[11]. Other Financial Metrics - The company reported a 93.98% increase in total profit year-over-year, driven by higher operating profit[6]. - The company experienced a 106.39% increase in credit impairment losses year-over-year, attributed to increased provisions as per accounting standards[6]. - The company’s investment activities saw cash inflow decrease by 82.58% year-over-year, primarily due to reduced asset disposals[7]. - The deferred income tax liabilities decreased to ¥32,822,105.38 from ¥49,755,516.49, a reduction of 34.0%[13]. - The cash outflow from investing activities was ¥47,609,689.98, an increase from ¥27,446,835.52 in Q3 2023[17]. - The net cash flow from financing activities was -¥48,004,385.41, contrasting with a positive net cash flow of ¥136,013,350.92 in Q3 2023[17]. - The total cash inflow from financing activities was ¥690,000,000.00, which was not present in the previous year's quarter[17]. Audit Information - The company did not undergo an audit for the Q3 2024 report[18].