东华能源(002221) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥7,023,598,341.34, representing a decrease of 24.95% compared to the same period last year[5] - Net profit attributable to shareholders was ¥8,911,919.23, down 57.57% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥16,614,247.89, a decrease of 51.06%[5] - The basic and diluted earnings per share were both ¥0.0057, reflecting a decline of 57.14% compared to the previous year[5] - Total operating revenue for the current period was ¥23,306,596,979.13, a decrease of 1.79% from ¥23,732,567,802.79 in the previous period[22] - Net profit for the current period was ¥84,399,692.40, a decline of 45.49% compared to ¥154,838,012.30 in the previous period[23] - Total comprehensive income for the period was CNY 14,626,335.82, a decrease from CNY 125,946,102.55 in the previous period[24] - Basic and diluted earnings per share were both CNY 0.0478, down from CNY 0.0833 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥40,741,584,309.41, a decrease of 4.24% from the end of the previous year[5] - The company's total assets amounted to ¥40,741,584,309.41, down from ¥42,546,851,835.16[20] - Total liabilities decreased to ¥27,786,443,129.72 from ¥29,493,626,263.22, reflecting a reduction of approximately 5.79%[20] - Current assets totaled ¥18,998,182,424.46, a decrease of 8.26% from ¥20,712,253,346.35[20] - Non-current assets slightly decreased to ¥21,743,401,884.95 from ¥21,834,598,488.81, a reduction of about 0.42%[20] - Long-term borrowings decreased to ¥5,931,353,067.01 from ¥6,682,136,789.57, indicating a decline of approximately 11.2%[20] Cash Flow - Cash flow from operating activities showed a net outflow of ¥712,582,008.52, down 53.31% year-on-year[5] - Net cash flow from operating activities was CNY 712,582,008.52, significantly lower than CNY 1,526,040,927.79 in the previous period[26] - Cash inflow from operating activities totaled CNY 25,410,433,172.69, compared to CNY 25,268,292,389.22 in the previous period[25] - Cash outflow from operating activities was CNY 24,697,851,164.17, up from CNY 23,742,251,461.43 in the previous period[26] - Net cash flow from investing activities was CNY -676,274,420.11, worsening from CNY -495,067,114.51 in the previous period[26] - Cash inflow from financing activities was CNY 14,356,963,575.37, down from CNY 18,409,844,854.50 in the previous period[26] - Net cash flow from financing activities was CNY -2,705,157,397.22, compared to CNY -382,432,634.46 in the previous period[26] - The ending cash and cash equivalents balance was CNY 2,990,389,358.53, down from CNY 5,484,886,989.49 in the previous period[26] Shareholding and Management - The company plans to increase its shareholding by no less than 1.9% and no more than 2% of the total share capital within six months starting from April 9, 2025[15] - From September 22 to September 30, 2025, the company increased its shareholding by 31,520,000 shares, accounting for 2.00% of the total share capital, with a total investment of 277.15 million yuan (excluding transaction fees)[16] - The company’s major shareholders include Donghua Petroleum (Changjiang) Co., Ltd., holding 20.64% of shares, and Zhou Yifeng, holding 9.68%[13] - The company’s major shareholders are controlled by Zhou Yifeng and Wang Mingxiang, indicating a unified action among them[13] Expenses and Financial Health - Management expenses increased by 73.22% year-on-year, amounting to an additional ¥80,464,000, mainly due to maintenance at the Ningbo and Zhangjiagang plants[9] - The company reported a significant increase in financial expenses, totaling ¥667,330,809.05, compared to ¥776,026,203.02 in the previous period[23] - The company's cash and cash equivalents were not explicitly mentioned, but the overall liquidity position appears to be under pressure given the decrease in current assets and net profit[20][23] Other Financial Metrics - The company experienced a significant increase in contract liabilities, which rose by 55.84% to ¥25,696.03 million, primarily due to an increase in pre-received sales payments[8] - The accounts receivable balance was 5,399,945,702.17 yuan, up from 5,040,441,313.23 yuan at the beginning of the period[18] - The company reported a decrease in derivative financial assets from 59,206,232.76 yuan to 6,181,037.74 yuan during the same period[18] - The company’s prepayments increased to 852,938,052.19 yuan from 732,169,400.08 yuan at the beginning of the period[18] - The total amount of receivables financing decreased from 772,127,431.57 yuan to 218,911,305.23 yuan[18] - The company’s other receivables decreased significantly from 138,718,621.39 yuan to 5,582,720.13 yuan[18] Audit Status - The third quarter financial report was not audited[28]