亚星化学(600319) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥217,035,286.05, representing a year-on-year increase of 5.69%[1] - The net profit attributable to shareholders was -¥35,906,739.33, with a year-to-date net profit of -¥98,308,108.90[1] - Basic and diluted earnings per share for the quarter were both -¥0.09, compared to -¥0.25 in the same period last year[2] - In the first three quarters of 2024, the company achieved a total operating revenue of RMB 658 million, representing a year-on-year growth of 5.37%[9] - The net profit attributable to shareholders for the same period was -RMB 98.31 million, indicating ongoing challenges from intensified industry competition and weak downstream demand[9] - Total operating revenue for the first three quarters of 2024 reached CNY 657,760,384.42, an increase of 5.4% compared to CNY 624,253,955.79 in the same period of 2023[14] - Net loss for the third quarter of 2024 was CNY 99,039,781.75, compared to a net loss of CNY 78,922,452.51 in the same quarter of 2023, reflecting a decline in profitability[15] - The total comprehensive loss for the period was CNY 99,039,781.75, compared to a comprehensive loss of CNY 78,922,452.51 in the previous year[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,238,324,550.18, reflecting a 5.96% increase from the end of the previous year[2] - The equity attributable to shareholders decreased by 15.26% year-on-year, amounting to ¥545,759,778.60[2] - The total liabilities increased to CNY 1,688,084,648.77, up from CNY 1,464,887,422.38 year-on-year, reflecting a growing debt burden[13] - The equity attributable to shareholders decreased to CNY 545,759,778.60 from CNY 644,067,887.50, indicating a decline in shareholder value[13] - Current liabilities totaled CNY 1,404,062,406.58, an increase of 23.2% from CNY 1,139,111,122.92 year-on-year[13] Cash Flow - Cash flow from operating activities was negative at -¥15,100,580.24 year-to-date[1] - In the first three quarters of 2024, the cash inflow from operating activities reached ¥594,417,873.79, an increase of 19.2% compared to ¥498,571,932.65 in the same period of 2023[17] - The net cash flow from operating activities was -¥15,100,580.24, an improvement from -¥125,259,785.64 in the previous year[18] - Cash inflow from financing activities totaled ¥842,575,000.00, down 27% from ¥1,154,450,000.00 in the same period last year[19] - The net cash flow from financing activities was ¥72,029,147.07, a significant decrease from ¥372,645,430.94 in 2023[19] - The cash and cash equivalents at the end of the period were ¥33,593,807.86, down from ¥73,863,084.09 in the previous year[19] Investments and Projects - The company is advancing the construction of a 45,000-ton high-end new materials (PVDC) project, with over half of the civil construction completed and major equipment procurement nearly finished[9] - The 12,000-ton hydrazine hydrate project has seen significant progress, with the main structures completed and 11 out of 39 reused equipment installed[9] - The company is also working on a 500-ton/year industrialization project for hexachlorocyclotriphosphazene and benzylsulfonyl chloride, with the first batch of core equipment procurement completed[9] - The company is actively promoting the integration of its flow battery energy storage business, with a 1MW/2MWh vanadium flow battery system successfully delivered in September 2024[9] Expenses - Total operating costs increased to CNY 761,472,750.02, up 8.0% from CNY 705,221,845.37 year-on-year[14] - Research and development expenses rose to CNY 7,795,387.13, an increase of 24.6% from CNY 6,253,514.44 in the previous year[14] - Financial expenses surged to CNY 56,507,228.35, compared to CNY 34,180,175.68 in the same period last year, indicating increased borrowing costs[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,141[6] - The company paid ¥45,997,666.07 in cash for dividends and interest, an increase from ¥30,396,214.88 in the previous year[19]