沈阳化工(000698) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥1,143,449,796.19, a decrease of 4.15% compared to ¥1,192,913,740.09 in the same period last year[5] - Net profit attributable to shareholders was ¥32,348,427.98, representing a significant increase of 289.43% from a loss of ¥17,077,088.81 in the previous year[5] - Basic earnings per share improved to ¥0.0395, a 289.90% increase from a loss of ¥0.0208 per share in the previous year[5] - Total operating revenue for the current period is ¥1,143,449,796.19, a decrease of 4.2% from ¥1,192,913,740.09 in the previous period[19] - Net profit for the current period is ¥32,348,427.98, compared to a net loss of ¥16,947,422.54 in the previous period[20] - The total comprehensive income for the period is 32,348,427.98, compared to a loss of 16,947,422.54 in the previous period[21] Cash Flow - The net cash flow from operating activities reached ¥165,451,394.79, up 142.96% from ¥68,097,283.25 in the same period last year[5] - Net cash flow from operating activities is 165,451,394.79, up from 68,097,283.25 in the previous period[24] - Cash inflow from financing activities is 992,761,336.70, compared to 459,858,612.38 in the previous period[24] - Total cash outflow from operating activities is 937,332,395.02, compared to 1,244,715,734.71 in the previous period[24] - The net cash flow from financing activities shows a positive change of 39,150,740.87, compared to a negative flow of -139,146,277.66 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,264,554,107.06, reflecting a growth of 6.23% from ¥4,956,036,802.81 at the end of the previous year[5] - Total liabilities are ¥3,850,971,753.91, up from ¥3,578,148,277.84 in the previous period[18] - Current assets total ¥2,227,140,968.35, an increase of 12.3% from ¥1,984,305,598.05 in the previous period[18] Expenses - The company’s sales expenses decreased by 30.64% to ¥3,951,629.40, attributed to the exit of a subsidiary from the consolidation scope[8] - Research and development expenses for the current period are ¥21,213,593.91, down from ¥24,375,600.37 in the previous period, a decrease of 12.5%[20] - The company reported a significant reduction in management expenses to ¥31,044,684.17 from ¥53,589,802.96, a decrease of 42.2%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,915, with the top ten shareholders holding a combined 69.34% of the shares[10] - The company’s major shareholders include China BlueStar Group Co., Ltd. with 158,585,867 shares[12] Investments and Acquisitions - The company successfully completed the trial production of the 240,000 tons/year polyether polyol project, producing qualified products[13] - The company acquired a 49% stake in Zhonghua Dongda (Quanzhou) Co., Ltd. for zero RMB, making it a wholly-owned subsidiary[13] - The company plans to acquire an additional 0.6667% stake in Zhonghua Dongda (Zibo) Co., Ltd., completing the acquisition process[13] - The company held a board meeting on December 29, 2023, to approve the acquisition of the 49% stake in Zhonghua Dongda (Quanzhou) Co., Ltd.[12] - The company’s subsidiary, Zhonghua Dongda (Quanzhou) Co., Ltd., has completed the industrial and commercial change registration for the equity transfer[13] - The company’s subsidiary is constructing a new project in Fujian with a capacity of 240,000 tons/year for polyether polyol[13] - The company’s board approved the new project for the subsidiary on September 11, 2023[13] Government Subsidies - The company received government subsidies amounting to ¥1,301,213.61, which are closely related to its normal business operations[6] Cash and Cash Equivalents - The company's cash and cash equivalents increased to RMB 915,528,826.39 from RMB 847,751,407.06[15] - Cash and cash equivalents at the end of the period amount to 325,419,302.41, down from 451,267,017.63 in the previous period[24]